
Artham Advisory Services Private Limited
About Artham Advisory Services Private Limited
Data last updated:
Artham Advisory Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the management consultancy segment of the business services sector. It was incorporated on 16 December 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2010PTC211045. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.45 Cr. It was led by directors Divyesh Dinesh Parikh and Bhadresh Harishchandra Nayee.
Its last annual general meeting (AGM) was held on 21 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 511 5th Floor Maker Bhavan No 3 V T Marg 21 New Marine Lines Nr Balwas Hotel, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.09 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.83 Lakh (net margin -441.9%) and EBITDA of -₹3.82 Lakh (EBITDA margin -349.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Company details
Contact details
Artham Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address511 5th Floor Maker Bhavan No 3 V T Marg 21 New Marine Lines Nr Balwas Hotel, Mumbai, Maharashtra, India – 400020
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Artham Advisory 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
Business activity
The main business activity of Artham Advisory Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
Financials of Artham Advisory Services Private Limited
FY 2022 filings availableArtham Advisory Services Private Limited reported revenue of ₹1.09 Lakh (up 1113% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years. EBITDA fell 938% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹3.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.83 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -349.5% | ||||
| Net Profit Margin | -441.9% | ||||
| 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 Artham Advisory Services Private Limited, buy the company report.
Board of directors of Artham Advisory Services Private Limited
Artham Advisory 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 |
|---|---|---|---|---|
| Divyesh Dinesh Parikh | Director | 16 Dec 2010 | 15 Years 10 Months | As last reported |
| Bhadresh Harishchandra Nayee | Director | 09 Sep 2016 | 10 Years 1 Months | As last reported |
Peer comparison
Artham Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijar Consultancy Private Limited | ₹1.1 Lakh (FY 2018) | Sonipat, Haryana, India | ||||
| Optus Offshore Oil and Gas Services Private Limited | ₹1.1 Lakh (FY 2025) | -83.0% | Thrissur, Kerala, India | |||
| Voice Management Services Private Limited | ₹1.1 Lakh (FY 2025) | -75.0% | Kolkata, West Bengal, India | |||
| Search Services Pvt Ltd | ₹1.1 Lakh (FY 2016) | 18.0% | Kolkata, West Bengal, India | |||
| R.Kumar Singal Consultants Private Limited | ₹1.09 Lakh (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Artham Advisory Services Private Limitedthis company | ₹1.09 Lakh (FY 2022) | -₹4.83 Lakh | -441.9% | 1113.0% | Mumbai, Maharashtra, India | |
| Pert Management Services Private Limited | ₹1.09 Lakh (FY 2025) | Sullia, Karnataka, India | ||||
| Credible Management Solutions Private Limited | ₹1.09 Lakh (FY 2025) | 1717.0% | Delhi, India | |||
| Singhaniya Business Solution and Consultants Private Limited | ₹1.09 Lakh (FY 2024) | 8.0% | Agra, Uttar Pradesh, India | |||
| SV Corporate Solutions (India) Private Limited | ₹1.09 Lakh (FY 2019) | 867.0% | Hyderabad, Telangana, India | |||
| PK Srivastava Consultants Private Limited | ₹1.08 Lakh (FY 2025) | -2.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Artham Advisory Services Private Limited, buy the company report.
Auditor
Artham Advisory Services Private Limited is audited by KAUSHAL MANISH & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHAL MANISH & COMPANY | FY 2017 | 125710W |
Shareholding
The shareholding of Artham Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Artham Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Artham Advisory 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 Artham Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Artham Advisory Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Artham Advisory Services Private Limited, buy the company report.
Recent activity
Artham Advisory Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Bhadresh Harishchandra Nayee ceased to be Additional Director on 23 Sep 2016.
Frequently asked questions
Artham Advisory Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Artham Advisory Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in management consultancy, within the business services industry. It was incorporated on 16 December 2010 and is registered under CIN U74140MH2010PTC211045. The company has been struck off by the Registrar of Companies and is no longer operational.
Artham Advisory Services had 2 directors:
- Divyesh Dinesh Parikh - Director
- Bhadresh Harishchandra Nayee - Director
The CIN (Corporate Identification Number) of Artham Advisory Services is U74140MH2010PTC211045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Artham Advisory Services is at 511 5th Floor Maker Bhavan No 3 V T Marg 21 New Marine Lines Nr Balwas Hotel, Mumbai, Maharashtra, India – 400020.
Artham Advisory Services was incorporated on 16 December 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Artham Advisory Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 21 September 2022. Year-wise statements from 2015 are in the company report.
No. Artham Advisory Services has 1 GST registration on record and it is cancelled or inactive.
Artham Advisory Services operated in the business services industry, in the management consultancy segment. It worked in this industry before it was struck off.
The peers of Artham Advisory Services by revenue are Vijar Consultancy Private Limited, Optus Offshore Oil and Gas Services Private Limited, Voice Management Services Private Limited, Search Services Pvt Ltd, R.Kumar Singal Consultants Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Bhadresh Harishchandra Nayee ceased to be Additional Director on 23 Sep 2016. Bhadresh Harishchandra Nayee was appointed as Director on 09 Sep 2016. Rashmi Vijaysankar ceased to be Director on 09 Sep 2016. Artham Advisory Services has 5 board changes on record in total.