About Ashwattha Advisors Private Limited
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Ashwattha Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Technoserve Inc.. It operates in the business support services segment of the business services sector. It was incorporated on 31 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2010PTC244796. Its GSTIN is 27AAJCA0742R1Z9 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kindra Shay Halvorson and Katarina Saskia Kahlmann.
Its last annual general meeting (AGM) was held on 25 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 2025, the company reported a revenue of ₹43.94 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹4.48 Cr (net margin 10.2%) and EBITDA of ₹6.21 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.
The company has about 215 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technoserve.org.
Company details
CIN history
Ashwattha Advisors has one previous CIN (Corporate Identification Number): U74140DL2010PTC212032. The current CIN is U74140MH2010PTC244796, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2010PTC244796 | Current |
| U74140DL2010PTC212032 | Previous |
Contact details
Ashwattha Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is technoserve.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB1 – 201 Centre Point Opp. Bawla Masjid 243 A N. M. Joshi Marg Lower Parel (Ea, St), Mumbai, Maharashtra, India – 400013
- IndustryBusiness Services, Business Support Services
To see the full contact details of Ashwattha Advisors 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 Ashwattha Advisors 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 |
To see the full business activity and turnover split of Ashwattha Advisors Private Limited, buy the company report.
Financials of Ashwattha Advisors Private Limited
FY 2025 filings availableAshwattha Advisors Private Limited reported revenue of ₹43.94 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 35% growth in the latest year. EBITDA rose 44% 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 | ₹6.21 Cr | ||||
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| Net Profit (PAT) | ₹4.48 Cr | ||||
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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 | 14.1% | ||||
| Net Profit Margin | 10.2% | ||||
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To see the full financial statements and ratios of Ashwattha Advisors Private Limited, buy the company report.
Board of directors of Ashwattha Advisors Private Limited
Ashwattha Advisors has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kindra Shay Halvorson | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Katarina Saskia Kahlmann | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Smitha Peter | Director | 27 Sep 2023 | 3 Years 0 Months | Current |
| Ajay Vijayraj Menon | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Jeffrey Paul Chrisfield | Director | 09 Aug 2019 | 7 Years 2 Months | Current |
| Joydeep Dutt | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Ashwattha Advisors Private Limited is audited by G.M.Kapadia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.M.Kapadia & Co. | FY 2023 | 104767W |
Shareholding
The shareholding of Ashwattha Advisors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashwattha Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashwattha Advisors 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
Ashwattha Advisors Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 24 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Tracex Technologies Private Limited | |||
| Makarand M. Joshi & Co. | |||
| Unh Management Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ashwattha Advisors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ashwattha Advisors Private Limited has a workforce of 215 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ashwattha Advisors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA0742R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashwattha Advisors Private Limited, buy the company report.
Recent activity
Ashwattha Advisors Private Limited has 23 board changes on record since 2011: 6 appointments and 17 cessations. The latest: Jeffrey Paul Chrisfield ceased to be Director on 15 Mar 2025.
14 earlier events are in the company report.
Frequently asked questions
Ashwattha Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 31 December 2010 (16+ years old) and is registered under CIN U74140MH2010PTC244796.
Ashwattha Advisors has 6 current directors:
- Kindra Shay Halvorson - Director
- Katarina Saskia Kahlmann - Director
- Smitha Peter - Director
- Ajay Vijayraj Menon - Director
- Jeffrey Paul Chrisfield - Director
- Joydeep Dutt - Director
The latest financial statements of Ashwattha Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashwattha Advisors is 27AAJCA0742R1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashwattha Advisors is U74140MH2010PTC244796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwattha Advisors was incorporated on 31 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Jeffrey Paul Chrisfield ceased to be Director on 15 Mar 2025. Joydeep Dutt ceased to be Additional Director on 29 Sep 2024. Smitha Peter ceased to be Additional Director on 29 Sep 2024. Ashwattha Advisors has 23 board changes on record in total.
Ashwattha Advisors has 6 MSME Form 1 returns on record between 2019 and 2023, listing 24 overdue payments to 19 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Ashwattha Advisors can be reached through the website technoserve.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ashwattha Advisors is at B1 – 201 Centre Point Opp. Bawla Masjid 243 A N. M. Joshi Marg Lower Parel Ea, St, Mumbai, Maharashtra, India – 400013.
Ashwattha Advisors operates in the business services industry, in the business support services segment.