Artel Solutions Private Limited
About Artel Solutions Private Limited
Data last updated:
Artel Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2009PTC195610. Its GSTIN is 27AAHCA9500F1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prakash Chandra Chechani and Himmat Kumar Bhahwar Lal Chechani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.14 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹49,566 (net margin -2%) and EBITDA of -₹10,773 (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address403 Green Court Chs Juhu Gully, C D Barfiwala Road Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Artel Solutions Private Limited
The main business activity of Artel Solutions is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Artel Solutions Private Limited FY 2025 filings available
Artel Solutions Private Limited reported revenue of ₹25.14 Lakh (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Artel Solutions Private Limited
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA fell 104% 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 Artel Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹10,773 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹49,566 | •••• | •••• | •••• | •••• |
| 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 Artel Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2% | •••• | •••• | •••• | •••• |
| 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 Artel Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Artel Solutions Private Limited
Artel Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chandra Chechani | Director | 09 Sep 2009 | 17 Years 1 Months | Current |
| Himmat Kumar Bhahwar Lal Chechani Also directs: Acacia Solutions and Services Private Limited | Director | 09 Sep 2009 | 17 Years 1 Months | Current |
Peer Comparison of Artel Solutions Private Limited
Artel Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Camron Engineering & Automation Private Limited | ₹25.27 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Pune, Maharashtra, India |
| Best HR Solutions India Private Limited | ₹25.25 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Mevir Solutions Private Limited | ₹25.21 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Famo Interiors Private Limited | ₹25.19 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Noida, Uttar Pradesh, India |
| South India Saiva Siddhanta Works Publishing Society Tinnevelly Limited | ₹25.17 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Artel Solutions Private Limited this company | ₹25.14 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Bizcraft Financial Consultants Private Limited | ₹25.14 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Bengaluru, Karnataka, India |
| Lexy Printinnovate Private Limited | ₹25.1 Lakh (FY 2020) | •••• | •••• | •••• | Madurai, Tamil Nadu, India | |
| Ranalysis Certification Private Limited | ₹25.09 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Panipat, Haryana, India |
| Bidsum Solutions Private Limited | ₹25.04 Lakh (FY 2025) | •••• | •••• | 1588.0% | •••• | Navi Mumbai, Maharashtra, India |
| Gsshr Foreign Education Private Limited | ₹25.02 Lakh (FY 2025) | •••• | •••• | 26558.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Artel Solutions by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Artel Solutions Private Limited
Artel Solutions Private Limited is audited by R P NOLKHA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R P NOLKHA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Artel Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Artel Solutions Private Limited
Artel Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Artel Solutions Private Limited
Employment history and EPFO contributions of people linked to Artel Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Artel Solutions Private Limited
Artel Solutions Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Himmat Kumar Bhahwar Lal Chechani was appointed as Director on 09 Sep 2009.
Credit Ratings, Litigation & Regulatory Alerts for Artel Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Artel Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Artel Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Artel Solutions Private Limited
Artel Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA9500F1ZU | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Artel Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Artel Solutions Private Limited
Artel Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 September 2009 (17+ years old) and is registered under CIN U74900MH2009PTC195610.
Artel Solutions reported revenue of ₹25.14 Lakh for FY 2024 (down 22% YoY).
Artel Solutions has 2 current directors:
- Prakash Chandra Chechani - Director
- Himmat Kumar Bhahwar Lal Chechani - Director
Artel Solutions reported a net loss of ₹49,566 (net margin -2%) and EBITDA of -₹10,773 (EBITDA margin -0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Artel Solutions is 58% over three years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Artel Solutions is 27AAHCA9500F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Artel Solutions is U74900MH2009PTC195610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Artel Solutions was incorporated on 09 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Artel Solutions by revenue are Camron Engineering & Automation Private Limited, Best HR Solutions India Private Limited, Mevir Solutions Private Limited, Famo Interiors Private Limited, South India Saiva Siddhanta Works Publishing Society Tinnevelly Limited and 5 more, all in the Consumer Services industry (Professional Services).
Himmat Kumar Bhahwar Lal Chechani was appointed as Director on 09 Sep 2009. Prakash Chandra Chechani was appointed as Director on 09 Sep 2009.
The registered office of Artel Solutions is at 403 Green Court Chs Juhu Gully, C D Barfiwala Road Andheri West, Mumbai, Maharashtra, India – 400058.