About Answers Financial Services Private Limited
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Answers Financial Services Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2011PTC221857. Its GSTIN is 27AAJCA8057B1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Answers Financial Planners Private Limited. It is led by directors including Amol Balchandra Pagare and Yuvaraj Rajendra Waikar.
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 Shop No. 1 Bliss House Vise Mala College Road, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹5.87 Lakh (net margin 3.6%) and EBITDA of ₹10.52 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 17% over five years.
The company is associated with 1 brand: Answers Financial Planning.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myanswers.in.
Company details
Name history
Answers Financial Services has undergone 3 name changes throughout its history. The company was previously known as Answers Financial Services Private Limited, Answers Financial Planners Private Limited, and Answers Financial Private Limited. The current legal name is Answers Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Answers Financial Services Private Limited | Current |
| Answers Financial Planners Private Limited | Previous |
| Answers Financial Private Limited | Previous |
Contact details
Answers Financial Services Private Limited's registered office is in Nashik, Maharashtra. Its website is myanswers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 1 Bliss House Vise Mala College Road, Nashik, Maharashtra, India – 422005
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Answers 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
Brands
Answers Financial Services operates one associated brand: Answers Financial Planning. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial planning, wealth management, retirement, and investment advice services. | myanswers.in |
Business activity
The main business activity of Answers Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Answers Financial Services Private Limited, buy the company report.
Financials of Answers Financial Services Private Limited
FY 2025 filings availableAnswers Financial Services Private Limited reported revenue of ₹1.62 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 43% growth in the latest year. EBITDA rose 15% 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 |
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| EBITDA | ₹10.52 Lakh | ||||
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| Net Profit (PAT) | ₹5.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Answers Financial Services Private Limited, buy the company report.
Board of directors of Answers Financial Services Private Limited
Answers Financial Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Balchandra Pagare | Director | 20 Sep 2012 | 14 Years 1 Months | Current |
| Yuvaraj Rajendra Waikar | Director | 11 Sep 2011 | 15 Years 2 Months | Current |
| Savita Amol Pagare | Director | 11 Sep 2011 | 15 Years 2 Months | Current |
Auditor
Answers Financial Services Private Limited is audited by S. G. KUNDNANI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. G. KUNDNANI & CO. | FY 2017 | 123450W |
Shareholding
The shareholding of Answers Financial Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Answers Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Answers Financial 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 Answers Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Answers Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA8057B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Answers Financial Services Private Limited, buy the company report.
Recent activity
Answers Financial Services Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Amol Balchandra Pagare was appointed as Director on 20 Sep 2012.
Frequently asked questions
Answers Financial Services is an active private limited company based in Nashik, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 September 2011 (15+ years old) and is registered under CIN U67190MH2011PTC221857.
Answers Financial Services has 3 current directors:
- Amol Balchandra Pagare - Director
- Yuvaraj Rajendra Waikar - Director
- Savita Amol Pagare - Director
The latest financial statements of Answers Financial 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 Answers Financial Services is 27AAJCA8057B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Answers Financial Services is U67190MH2011PTC221857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Answers Financial Services was incorporated on 11 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Amol Balchandra Pagare was appointed as Director on 20 Sep 2012. Savita Amol Pagare was appointed as Director on 11 Sep 2011. Yuvaraj Rajendra Waikar was appointed as Director on 11 Sep 2011.
Answers Financial Services can be reached through the website myanswers.in. Its registered office is in Nashik, Maharashtra, India.
The registered office of Answers Financial Services is at Shop No. 1 Bliss House Vise Mala College Road, Nashik, Maharashtra, India – 422005.
Answers Financial Services operates in the business outsourcing industry, in the business and IT consulting segment.
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