
About Agate Business Services Private Limited
Data last updated:
Agate Business Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 12 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC203036. Its GSTIN is 27AAICA9224H1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.55 Lakh. It was formerly known as Agate Earth Resources Private Limited. It is led by directors Rima Anurag Srivastava and Anuraag Srivastava.
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 Unit 601 El Tara Building Bldg.No.10, Sector – 3 Hiranan Dani Gardens Powai Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.74 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹20.23 Lakh (net margin 28.6%) and EBITDA of ₹21.06 Lakh (EBITDA margin 29.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 35% over five years.
The company has about 189 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Agate Services. As per MCA filings, the company has open charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agate.co.in.
Company details
CIN history
Agate Business Services has one previous CIN (Corporate Identification Number): U51909MH2010PTC203036. The current CIN is U72900MH2010PTC203036, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2010PTC203036 | Current |
| U51909MH2010PTC203036 | Previous |
Contact details
Agate Business Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is agate.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit 601 El Tara Building Bldg.No.10, Sector – 3 Hiranan Dani Gardens Powai Mumbai, Maharashtra, India – 400076
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Agate Business 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
Brands
Agate Business Services operates one associated brand: Agate Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of business process outsourcing services | agate.co.in |
Business activity
The main business activity of Agate Business Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Agate Business Services Private Limited, buy the company report.
Financials of Agate Business Services Private Limited
FY 2025 filings availableAgate Business Services Private Limited reported revenue of ₹70.74 Lakh (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA rose 269% 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 | FY 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 | ₹21.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.23 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.8% | ||||
| Net Profit Margin | 28.6% | ||||
| 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 Agate Business Services Private Limited, buy the company report.
Board of directors of Agate Business Services Private Limited
Agate Business Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rima Anurag Srivastava Also directs: Agate Advisory Services Private Limited | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
| Anuraag Srivastava Also directs: Agate Advisory Services Private Limited, PGP Advisors LLP, A&D Partners LLP and 5 more | Director | 12 May 2010 | 16 Years 5 Months | Current |
Auditor
Agate Business Services Private Limited is audited by P D VORA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D VORA & CO | FY 2020 | 115586W |
Shareholding
The shareholding of Agate Business Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Agate Business Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2015 | 10573033 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Agate Business Services 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 Agate Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Agate Business Services has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Instigence Technology Private Limited | U72300MH2012PTC233362 |
To see the full group structure of Agate Business Services Private Limited, buy the company report.
Employees & EPFO
Agate Business Services Private Limited has a workforce of 189 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Agate Business Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA9224H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agate Business Services Private Limited, buy the company report.
Recent activity
Agate Business Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Rima Anurag Srivastava ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Agate Business Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 12 May 2010 (16+ years old) and is registered under CIN U72900MH2010PTC203036.
Agate Business Services has 2 current directors:
- Rima Anurag Srivastava - Director
- Anuraag Srivastava - Director
The latest financial statements of Agate Business Services 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 2015 are in the company report.
The GSTIN of Agate Business Services is 27AAICA9224H1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Agate Business Services is U72900MH2010PTC203036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agate Business Services was incorporated on 12 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Rima Anurag Srivastava ceased to be Additional Director on 30 Sep 2019. Eva Srivastava ceased to be Director on 01 Jun 2019. Rima Anurag Srivastava was appointed as Director on 01 Jun 2019. Agate Business Services has 5 board changes on record in total.
Agate Business Services can be reached through the website agate.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Agate Business Services is at Unit 601 El Tara Building Bldg.No.10, Sector – 3 Hiranan Dani Gardens Powai Mumbai, Maharashtra, India – 400076.
Agate Business Services operates in the business outsourcing industry, in the business process outsourcing segment.