Adhika Enterprise Private Limited
About Adhika Enterprise Private Limited
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Adhika Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 28 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2021PTC126844. Its GSTIN is 24AAWCA0302J1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayesh Parmanand Khandwala and Girish Babulal Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.93 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.33 Cr (net margin 21.4%) and EBITDA of ₹2.33 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 300% over three years.
The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹230 Cr; the latest was in January 2022. Its 9 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 5 smaller; the largest is Svojas Engineering Private Limited with revenue of ₹10.93 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adhika Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Kifs Corporate House (Khandwala House), Nr. Land Mark Hotel Nr. Neptune House Iskon – Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Adhika Enterprise Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Adhika Enterprise is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Adhika Enterprise Private Limited, buy the company report.
Financials of Adhika Enterprise Private Limited
FY 2025 filings availableAdhika Enterprise Private Limited reported revenue of ₹10.93 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 300%. EBITDA fell 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹2.33 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.33 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.4% | |||
| Net Profit Margin | 21.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Adhika Enterprise Private Limited, buy the company report.
Board of directors of Adhika Enterprise Private Limited
Adhika Enterprise has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Parmanand Khandwala Also directs: Kifs Trading LLP, Kifs Infrastructure LLP, Khandwala & Zaveri Developers LLP and 5 more | Director | 28 Oct 2021 | 5 Years 0 Months | Current |
| Girish Babulal Shah | Director | 07 Jan 2022 | 4 Years 10 Months | Current |
Peer comparison
Adhika Enterprise Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Svojas Engineering Private Limited | ₹10.93 Cr (FY 2024) | 31.0% | Vadodara, Gujarat, India | |||
| Bajaj Appliances Limited | ₹10.93 Cr (FY 2018) | 2.0% | Delhi, India | |||
| Hibiscus Pharmaceuticals Private Limited | ₹10.93 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Agarwal Traders Fertilizers Private Limited | ₹10.93 Cr (FY 2024) | -16.0% | Allahabad, Uttar Pradesh, India | |||
| Adhika Enterprise Private Limitedthis company | ₹10.93 Cr (FY 2025) | ₹2.33 Cr | 21.4% | -3.0% | Ahmedabad, Gujarat, India | |
| Hilton Tradecomm Private Limited | ₹10.93 Cr (FY 2025) | -12.0% | Rourkela, Odisha, India | |||
| Manibhadra Petro Products Private Limited | ₹10.92 Cr (FY 2019) | -44.0% | Gujarat, India | |||
| Garuda Chemicals Intermediates Private Limited | ₹10.92 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| SVS Marketing Sanitaryware Private Limited | ₹10.92 Cr (FY 2021) | 59.0% | Pathanamthitta, Kerala, India | |||
| KMB Services Private Limited | ₹10.92 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Adhika Enterprise Private Limited, buy the company report.
Auditor
Adhika Enterprise Private Limited is audited by DIVYA MANSATTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIVYA MANSATTA & CO. | FY 2023 | 155061W |
Shareholding
The shareholding of Adhika Enterprise Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adhika Enterprise Private Limited, buy the company report.
Deals & funding
Adhika Enterprise Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹230 Cr; the latest was in January 2022.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Adhika Enterprise Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Adhika Enterprise Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adhika Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adhika Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCA0302J1ZU | Gujarat | Active | 16 Dec 2023 |
To see the full GST registrations and return filing status of Adhika Enterprise Private Limited, buy the company report.
Recent activity
Adhika Enterprise Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Girish Babulal Shah ceased to be Additional Director on 05 Dec 2022.
Frequently asked questions
Adhika Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 28 October 2021 (5+ years old) and is registered under CIN U74999GJ2021PTC126844.
Adhika Enterprise has 2 current directors:
- Jayesh Parmanand Khandwala - Director
- Girish Babulal Shah - Director
The latest financial statements of Adhika Enterprise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Adhika Enterprise is 24AAWCA0302J1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Adhika Enterprise is U74999GJ2021PTC126844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhika Enterprise was incorporated on 28 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adhika Enterprise has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹230 Cr; the latest was in January 2022.
The peers of Adhika Enterprise by revenue are Svojas Engineering Private Limited, Bajaj Appliances Limited, Hibiscus Pharmaceuticals Private Limited, Agarwal Traders Fertilizers Private Limited, Hilton Tradecomm Private Limited and 4 more, all in the same principal business activity (wholesale trading).
Girish Babulal Shah ceased to be Additional Director on 05 Dec 2022. Girish Babulal Shah was appointed as Director on 07 Jan 2022. Sonal Rajesh Khandwala ceased to be Director on 07 Jan 2022. Adhika Enterprise has 4 board changes on record in total.
The registered office of Adhika Enterprise is at 4th Floor Kifs Corporate House Khandwala House, Nr. Land Mark Hotel Nr. Neptune House Iskon – Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380054.
Adhika Enterprise operates in the business services industry, in the other services segment.
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