Advet Advisory Private Limited

Advet Advisory Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74140MH2009PTC197368 Incorporated 26 November 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹1.7 Cr
▲ 106% YoY
Net profit · FY 2025
₹93.31 Lakh
Net margin 54.7%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 62.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Advet Advisory Private Limited

Data last updated:

Advet Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 November 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2009PTC197368. Its GSTIN is 27AAICA4208R2Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ice X Accessories Private Limited. It is led by directors Rohit Sharma and Pratibha Ravi Jakhar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.7 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹93.31 Lakh (net margin 54.7%) and EBITDA of ₹1.07 Cr (EBITDA margin 62.5%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 49% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140MH2009PTC197368
Registration Number 197368
Incorporation Date 26 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Name history

Advet Advisory has undergone 2 name changes throughout its history. The company was previously known as Advet Advisory Private Limited, and Ice X Accessories Private Limited. The current legal name is Advet Advisory Private Limited.

Company NameStatus
Advet Advisory Private LimitedCurrent
Ice X Accessories Private LimitedPrevious

Contact details

Advet Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – Definity Off 701 Plot Bearing Cts No.364 Jaiprakash Road Goregaon (East) Off Vill, Age Pahadi, Mumbai, Maharashtra, India – 400063
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Advet Advisory Private Limited, buy the company report.

Comprehensive company report
Advet Advisory Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Advet Advisory is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Advet Advisory Private Limited, buy the company report.

Financials of Advet Advisory Private Limited

FY 2024 filings available

Advet Advisory Private Limited reported revenue of ₹1.7 Cr (up 106% YoY) for FY 2025.

Revenue · FY 2025
₹1.7 Cr ▲ 106%
Net profit · FY 2025
₹93.31 Lakh margin 54.7%
EBITDA · FY 2025
₹1.07 Cr margin 62.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 100%
5 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▲ 263%
3 years · compounded
▲ 126%
5 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 106% growth in the latest year. EBITDA rose 263% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹93.31 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin62.5%
Net Profit Margin54.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Advet Advisory Private Limited, buy the company report.

Board of directors of Advet Advisory Private Limited

Advet Advisory has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rohit SharmaDirector25 Mar 201313 Years 7 MonthsCurrent
Pratibha Ravi JakharAdditional Director15 May 201016 Years 5 MonthsCurrent

Auditor

Advet Advisory Private Limited is audited by PARASMAL JAIN AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PARASMAL JAIN AND ASSOCIATESFY 2023107421W

Shareholding

The shareholding of Advet Advisory Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Advet Advisory Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Advet Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Advet Advisory has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAICA4208R2Z8MaharashtraActive04 Dec 2022

To see the full GST registrations and return filing status of Advet Advisory Private Limited, buy the company report.

Recent activity

Advet Advisory Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Aditya Agrawal ceased to be Director on 22 Jun 2017.

AGM
Advet Advisory Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Advet Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Aditya Agrawal ceased to be Director.
Ceased
Ravi Jakhar ceased to be Director.
Appointed
Rohit Sharma was appointed as Director.
Ceased
Suryanarayanan Sivaramakrishnan ceased to be Director.
Appointed
Pratibha Ravi Jakhar was appointed as Additional Director.
Incorporation
26 Nov 2009
Advet Advisory Private Limited was registered on 26 Nov 2009 with Roc Mumbai & aged 16 years 11 months as per MCA records.

Frequently asked questions

Advet Advisory is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 November 2009 (17+ years old) and is registered under CIN U74140MH2009PTC197368.

Advet Advisory has 2 current directors:

The latest financial statements of Advet Advisory on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Advet Advisory is 27AAICA4208R2Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Advet Advisory is U74140MH2009PTC197368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advet Advisory was incorporated on 26 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

Aditya Agrawal ceased to be Director on 22 Jun 2017. Ravi Jakhar ceased to be Director on 30 Aug 2013. Rohit Sharma was appointed as Director on 25 Mar 2013. Advet Advisory has 5 board changes on record in total.

The registered office of Advet Advisory is at D – Definity Off 701 Plot Bearing Cts No.364 Jaiprakash Road Goregaon East Off Vill, Age Pahadi, Mumbai, Maharashtra, India – 400063.

Advet Advisory operates in the business outsourcing industry, in the business and IT consulting segment.

The compliance status of Advet Advisory is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.