Advicesync Consulting Private Limited

Advicesync Consulting Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72200TN2001PTC048123 Incorporated 07 December 2001 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2017
₹5.03 Cr
▼ 38% YoY
Net profit · FY 2017
₹34.23 Lakh
Net margin 6.8%
EBITDA · FY 2017
₹93.81 Lakh
EBITDA margin 18.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.5 Lakh
Secured borrowings
Company age
25 yrs
Est. 2001
Employees · EPFO
131
Provident fund records

About Advicesync Consulting Private Limited

Data last updated:

Advicesync Consulting Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 December 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2001PTC048123. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dinesh Vasudevan and Poorna Prasad.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No. Ac2/4 Plot No. 4909 Teja Towers 2nd Floor 2nd Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040.

As per the financials filed for FY 2017, the company reported a revenue of ₹5.03 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹34.23 Lakh (net margin 6.8%) and EBITDA of ₹93.81 Lakh (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.

The company has about 131 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: AdviceSync Consulting. As per MCA filings, the company has open charges of ₹7.5 Lakh on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website advicesync-consulting.com.

Company Details of Advicesync Consulting Private Limited
CIN U72200TN2001PTC048123
Registration Number 048123
Incorporation Date 07 December 2001
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No. Ac2/4 Plot No. 4909 Teja Towers 2nd Floor 2nd Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Advicesync Consulting Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Advicesync Consulting Private Limited

The main business activity of Advicesync Consulting is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Advicesync Consulting Private Limited FY 2017 filings available

Advicesync Consulting Private Limited reported revenue of ₹5.03 Cr (down 38% YoY) for FY 2017.

Revenue · FY 2017
₹5.03 Cr ▼ 38%
Net profit · FY 2017
₹34.23 Lakh margin 6.8%
EBITDA · FY 2017
₹93.81 Lakh margin 18.7%

Compounded Annual Growth Rate (CAGR) of Advicesync Consulting Private Limited

Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 12%

Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 2% 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 of Advicesync Consulting Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹5.03 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹93.81 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹34.23 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 of Advicesync Consulting Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin18.7%••••••••
Net Profit Margin6.8%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Advicesync Consulting are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Advicesync Consulting Private Limited

Advicesync Consulting Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Digicorp Information Systems Private Limited••••••••••••••••-Ahmadabad City, Gujarat, India
Communityforce Services Private Limited••••••••••••••••39Hyderabad, Telangana, India
Om Tat Sat Solutions Private Limited••••••••••••••••58New Delhi, Delhi, India
Effiya Technologies Private Limited••••••••••••••••21Noida, Uttar Pradesh, India
Virtual Automation Services Private Limited••••••••••••••••-Coimbatore, Tamil Nadu, India
Advicesync Consulting Private Limited this company••••••••••••••••-Chennai, Tamil Nadu, India
SD Innovations Private Limited••••••••••••••••25Mount Road Teynampet Chennai, Tamil Nadu, India
Micm Net-Solutions Private Limited••••••••••••••••16Mumbai, Maharashtra, India
Phonon Solutions Private Limited••••••••••••••••37New Delhi, Delhi, India
Softforce Consultants Private Limited••••••••••••••••-Hyderabad, Telangana, India
Green Apple Solutions Private Limited••••••••••••••••173New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Advicesync Consulting by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Advicesync Consulting Private Limited

Advicesync Consulting Private Limited is audited by ITTA PARTHASARATHY & CO for the financial year 2017.

NameStatusAppointment DateCessation Date
ITTA PARTHASARATHY & COLockedLockedLocked
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Board of Directors of Advicesync Consulting Private Limited

Advicesync Consulting has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh VasudevanDirector07 Dec 200124 Years 10 MonthsCurrent
Poorna PrasadDirector07 Dec 200124 Years 10 MonthsCurrent
Radhakrishnan NarendranDirector07 Dec 200124 Years 10 MonthsCurrent

Ownership and Shareholding of Advicesync Consulting Private Limited

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Charges & Borrowings of Advicesync Consulting Private Limited

Open charges
₹7.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹0.08 Cr
Latest charge details
DateLenderAmountStatus
07 Mar 2017Bank of India₹7.5 LakhOpen

Total charge records: 1 View all charges

Associated Brands with Advicesync Consulting Private Limited

Advicesync Consulting operates one associated brand: AdviceSync Consulting. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive web development and digital marketing services.advicesync-consulting.com

Employees and EPFO Compliance at Advicesync Consulting Private Limited

Advicesync Consulting Private Limited has a workforce of 131 employees as of Apr 05, 2024.

Employee count
131
Active EPFO establishments
2
Employee growth
19.09%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Advicesync Consulting Private Limited

Advicesync Consulting Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Ramesh Venkatraman Ramu ceased to be Director on 30 Sep 2010.

AGM
Advicesync Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Advicesync Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Charges
A charge with Bank Of India amounted to Rs. 7.50 Lakh with Charge ID 100083621 was registered on 07 Mar 2017.
Ceased
Ramesh Venkatraman Ramu ceased to be Director.
Appointed
Dinesh Vasudevan was appointed as Director.
Appointed
Poorna Prasad was appointed as Director.
Appointed
Radhakrishnan Narendran was appointed as Director.
Incorporation
07 Dec 2001
Advicesync Consulting Private Limited was registered on 07 Dec 2001 with Roc Chennai & aged 24 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Advicesync Consulting Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Advicesync Consulting Private Limited

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Subsidiaries & Group Companies of Advicesync Consulting Private Limited

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Corporate group structure

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GST Compliance of Advicesync Consulting Private Limited

Advicesync Consulting 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.

Total GSTINs
3
Cancelled / inactive
3
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GST registrations and filing compliance

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MCA Filings & Documents of Advicesync Consulting Private Limited

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MCA filings and documents

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Frequently Asked Questions about Advicesync Consulting Private Limited

Advicesync Consulting is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 December 2001 (25+ years old) and is registered under CIN U72200TN2001PTC048123.

Advicesync Consulting reported revenue of ₹5.03 Cr for FY 2017 (down 38% YoY).

Advicesync Consulting has 3 current directors:

Advicesync Consulting reported a net profit of ₹34.23 Lakh (net margin 6.8%) and EBITDA of ₹93.81 Lakh (EBITDA margin 18.7%) for FY 2017, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Advicesync Consulting is 11% over three years. In the latest year (FY 2017) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.

No. Advicesync Consulting has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Advicesync Consulting is U72200TN2001PTC048123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advicesync Consulting has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.

Advicesync Consulting was incorporated on 07 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Advicesync Consulting by revenue are Digicorp Information Systems Private Limited, Communityforce Services Private Limited, Om Tat Sat Solutions Private Limited, Effiya Technologies Private Limited, Virtual Automation Services Private Limited and 5 more, all in the Information Technology industry (Application Development).

Ramesh Venkatraman Ramu ceased to be Director on 30 Sep 2010. Dinesh Vasudevan was appointed as Director on 07 Dec 2001. Poorna Prasad was appointed as Director on 07 Dec 2001. Advicesync Consulting has 4 board changes on record in total.

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