MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0059369
Asit Mehta & Associates LLP
Asit Mehta & Associates LLP - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.62 Cr
▲ 24% YoY
Net profit · FY 2023
₹67.16 Lakh
Net margin 25.7%
EBITDA · FY 2023
₹95.74 Lakh
EBITDA margin 36.6%
Contribution obligation
₹5.5 Lakh
As per LLP agreement
LLP age
7 yrs
Est. 2019
Designated partners
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data
About Asit Mehta & Associates LLP
Data last updated:
Asit Mehta & Associates LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 11 November 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAR-0099.
The LLP has a total obligation of contribution of ₹5.5 Lakh. It is led by designated partners Sanjay Sakharam Rane and Asit Prabhudas Mehta.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 501 Midas Chambers Co Op Premises Soc Ltd Off Link Rd Nr Fun Republic Multiplex, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹2.62 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹67.16 Lakh (net margin 25.7%) and EBITDA of ₹95.74 Lakh (EBITDA margin 36.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
Asit Mehta & Associates LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0059369).
Company Details of Asit Mehta & Associates LLP
LLPIN AAR-0099
Incorporation Date 11 November 2019
Total Obligation of Contribution ₹5.5 Lakh
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0059369
Recognitions & Rankings of Asit Mehta & Associates
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address501 Midas Chambers Co Op Premises Soc Ltd Off Link Rd Nr Fun Republic Multiplex, Mumbai, Maharashtra, India – 400053
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
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Financials of Asit Mehta & Associates LLP FY 2025 filings available
Asit Mehta & Associates LLP reported revenue of ₹2.62 Cr (up 24% YoY) for FY 2023.
Revenue · FY 2023
₹2.62 Cr ▲ 24%
Net profit · FY 2023
₹67.16 Lakh margin 25.7%
EBITDA · FY 2023
₹95.74 Lakh margin 36.6%
Compounded Annual Growth Rate (CAGR) of Asit Mehta & Associates LLP
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 24% growth in the latest year. EBITDA fell 3% 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 Asit Mehta & Associates LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹67.16 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Asit Mehta & Associates LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 25.7% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Asit Mehta & Associates are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Designated Partners of Asit Mehta & Associates LLP
Asit Mehta & Associates has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sakharam Rane | Designated Partner | 31 Dec 2021 | 4 Years 9 Months | Current |
| Asit Prabhudas Mehta | Designated Partner | 11 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Asit Mehta & Associates LLP
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Charges & Borrowings of Asit Mehta & Associates LLP
Asit Mehta & Associates LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asit Mehta & Associates LLP
Employment history and EPFO contributions of people linked to Asit Mehta & Associates.
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Employee and EPFO history
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Recent Activity on Asit Mehta & Associates LLP
Asit Mehta & Associates LLP has 3 designated partner changes on record since 2019: 2 appointments and 1 cessation. The latest: Sanjay Sakharam Rane ceased to be Partner on 01 Mar 2024.
AGM
Asit Mehta & Associates Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Asit Mehta & Associates Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sanjay Sakharam Rane ceased to be Partner.
Appointed
Sanjay Sakharam Rane was appointed as Designated Partner.
Appointed
Asit Prabhudas Mehta was appointed as Designated Partner.
Incorporation
11 Nov 2019
Asit Mehta & Associates Llp was registered on 11 Nov 2019 with Roc Mumbai & aged 6 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Asit Mehta & Associates LLP
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MSME Payment Delays by Asit Mehta & Associates LLP
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Subsidiaries & Group Companies of Asit Mehta & Associates LLP
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GST Compliance of Asit Mehta & Associates LLP
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MCA Filings & Documents of Asit Mehta & Associates LLP
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Frequently Asked Questions about Asit Mehta & Associates LLP
Asit Mehta & Associates is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 11 November 2019 (7+ years old) and is registered under LLPIN AAR-0099.
Asit Mehta & Associates reported revenue of ₹2.62 Cr for FY 2023 (up 24% YoY).
Asit Mehta & Associates has 2 current designated partners:
- Sanjay Sakharam Rane - Designated Partner
- Asit Prabhudas Mehta - Designated Partner
Asit Mehta & Associates reported a net profit of ₹67.16 Lakh (net margin 25.7%) and EBITDA of ₹95.74 Lakh (EBITDA margin 36.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asit Mehta & Associates is 4% over three years. In the latest year (FY 2023) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Asit Mehta & Associates is AAR-0099. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Asit Mehta & Associates was incorporated on 11 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjay Sakharam Rane ceased to be Partner on 01 Mar 2024. Sanjay Sakharam Rane was appointed as Designated Partner on 31 Dec 2021. Asit Prabhudas Mehta was appointed as Designated Partner on 11 Nov 2019.
Yes, Asit Mehta & Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0059369).
The registered office of Asit Mehta & Associates is at 501 Midas Chambers Co Op Premises Soc Ltd Off Link Rd Nr Fun Republic Multiplex, Mumbai, Maharashtra, India – 400053.