Advanced Financial Services Private Limited
About Advanced Financial Services Private Limited
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Advanced Financial Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2001PTC091478. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sadasivam Saravanan and Gadde Srimannarayana Chowdary.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shalom No – 43 2nd Floor No. 4 Mannar Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 57.1%) and EBITDA of ₹1.92 Cr (EBITDA margin 76.9%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 16 cases involving the company, including 16 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Advanced Financial Services has one previous CIN (Corporate Identification Number): U74140AP2001PTC036749. The current CIN is U74140TN2001PTC091478, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TN2001PTC091478 | Current |
| U74140AP2001PTC036749 | Previous |
Contact details
Advanced Financial Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShalom No – 43 2nd Floor No. 4 Mannar Street T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Advanced Financial Services 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 Advanced Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Advanced Financial Services Private Limited, buy the company report.
Financials of Advanced Financial Services Private Limited
FY 2019 filings availableAdvanced Financial Services Private Limited reported revenue of ₹2.49 Cr (up 549% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years, including 549% growth in the latest year. EBITDA rose 508% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.9% | ||||
| Net Profit Margin | 57.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Advanced Financial Services Private Limited, buy the company report.
Board of directors of Advanced Financial Services Private Limited
Advanced Financial Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadasivam Saravanan | Director | 04 Sep 2012 | 14 Years 1 Months | Current |
| Gadde Srimannarayana Chowdary Also directs: Vageesha Securities Private Limited | Director | 04 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Advanced Financial Services Private Limited is audited by B S K S & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S K S & Co. | FY 2017 | 017471S |
Shareholding
The shareholding of Advanced Financial Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Advanced Financial Services Private Limited, buy the company report.
Legal cases
Advanced Financial Services Private Limited has 16 court cases on record: 16 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 16 | 3 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed against the company by GTM Teleshopping Private Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by GTM Teleshopping Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by GTM Teleshopping Private Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by GTM Teleshopping Private Limited | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Rehab Pictures Pvt Ltd | Disposed |
To see the full case history of Advanced Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advanced Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advanced Financial Services Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Advanced Financial Services has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Advanced Financial Services Private Limited, buy the company report.
Recent activity
Advanced Financial Services Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Gadde Srimannarayana Chowdary ceased to be Director on 25 Apr 2022.
Frequently asked questions
Advanced Financial Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 May 2001 (25+ years old) and is registered under CIN U74140TN2001PTC091478.
Advanced Financial Services has 2 current directors:
- Sadasivam Saravanan - Director
- Gadde Srimannarayana Chowdary - Director
The latest financial statements of Advanced Financial Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Advanced Financial Services has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Advanced Financial Services is U74140TN2001PTC091478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanced Financial Services has 16 court cases on record: 16 filed against it. 3 are pending.
Advanced Financial Services was incorporated on 17 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Gadde Srimannarayana Chowdary ceased to be Director on 25 Apr 2022. Sadasivam Saravanan ceased to be Additional Director on 27 Sep 2012. Umamaheswara Reddy Mosali ceased to be Director on 14 Sep 2012. Advanced Financial Services has 7 board changes on record in total.
The registered office of Advanced Financial Services is at Shalom No – 43 2nd Floor No. 4 Mannar Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
Advanced Financial Services operates in the financial services industry, in the diversified financial services segment.