About Avantha Business Solutions Limited
Data last updated:
Avantha Business Solutions Limited was a public limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business process outsourcing sector. It was incorporated on 09 May 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2005PLC135984. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹140 Cr and a paid-up capital of ₹138.6 Cr. It was led by directors including Sharad Sanjay Sen and Gautam Thapar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Thapar House – 124 Janpath., New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2016, the company reported a revenue of ₹23.24 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹47.35 Cr (net margin 203.7%) and EBITDA of ₹48.4 Cr (EBITDA margin 208.2%).
As per MCA filings, the company had satisfied charges of ₹6 Cr on record.
The last known website on record is avanthabsl.com.
Company details
Contact details
Avantha Business Solutions Limited's registered office is in New Delhi, Delhi. Its website is avanthabsl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThapar House – 124 Janpath., New Delhi, Delhi, India – 110001
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Avantha Business Solutions 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
Financials of Avantha Business Solutions Limited
FY 2016 filings availableAvantha Business Solutions Limited reported revenue of ₹23.24 Cr (down 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹23.24 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹48.4 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹47.35 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 208.2% | |
| Net Profit Margin | 203.7% | |
| 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 Avantha Business Solutions Limited, buy the company report.
Board of directors of Avantha Business Solutions Limited
Avantha Business Solutions has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Sanjay Sen Also directs: Sulochana Thapar Foundation, Global Green Company Limited, Encardio Rite Electronics Private Limited and 1 more | Director | 11 Mar 2015 | 11 Years 7 Months | As last reported |
| Gautam Thapar Also directs: Avantha Holdings Limited, Sulochana Thapar Foundation | Director | 07 Oct 2005 | 21 Years 0 Months | As last reported |
| Sonu Chadha Also directs: Solaris Chemtech Industries Limited | Director | 08 Sep 2015 | 11 Years 1 Months | As last reported |
| Wilton Alfredo Henriques | Director | 11 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Avantha Business Solutions Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saince Technology Services Private Limited | ₹23.47 Cr (FY 2025) | 28.0% | Hyderabad, Telangana, India | |||
| Nimbus BPO Limited | ₹23.36 Cr (FY 2025) | 1.0% | Noida, Uttar Pradesh, India | |||
| Future Pipe Industries Services Private Limited | ₹23.33 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Fleming India Management Services Private Limited | ₹23.33 Cr (FY 2016) | -4.0% | Bangalore, Karnataka, India | |||
| Xion Multiventures Private Limited | ₹23.31 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Avantha Business Solutions Limitedthis company | ₹23.24 Cr (FY 2016) | ₹47.35 Cr | 203.7% | -12.0% | New Delhi, Delhi, India | |
| Ncheng India Private Limited | ₹23.13 Cr (FY 2025) | 48.0% | Noida, Uttar Pradesh, India | |||
| Jibe Development Services Private Limited | ₹22.94 Cr (FY 2025) | -22.0% | Thane, Maharashtra, India | |||
| Aagna Global Solutions Private Limited | ₹22.93 Cr (FY 2018) | 99.0% | Chennai, Tamil Nadu, India | |||
| Galactic Client Services (OPC) Private Limited | ₹22.9 Cr (FY 2025) | 19.0% | Tughlakabad, Delhi, India | |||
| Saar IT Resourses Private Limited | ₹22.84 Cr (FY 2024) | 4.0% | Thane, Maharashtra, India |
To see the full peer comparison of Avantha Business Solutions Limited, buy the company report.
Auditor
Avantha Business Solutions Limited is audited by K. K. Mankeshwar & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. K. Mankeshwar & Co. | FY 2016 |
Shareholding
The shareholding of Avantha Business Solutions Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avantha Business Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2008 | 10103956 | Yes Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Avantha Business Solutions Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avantha Business Solutions 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 Avantha Business Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avantha Business Solutions 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 Avantha Business Solutions Limited, buy the company report.
Recent activity
Avantha Business Solutions Limited has 17 board changes on record since 2005: 4 appointments and 13 cessations. The latest: Rupesh Kumar Mishra ceased to be Cfo(Kmp) on 28 Feb 2017.
11 earlier events are in the company report.
Frequently asked questions
Avantha Business Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avantha Business Solutions was a public limited company based in New Delhi, Delhi, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 May 2005 and is registered under CIN U74140DL2005PLC135984. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avantha Business Solutions was incorporated on 09 May 2005. It is registered with the Registrar of Companies, Delhi.
Avantha Business Solutions had 4 directors:
- Sharad Sanjay Sen - Director
- Gautam Thapar - Director
- Sonu Chadha - Director
- Wilton Alfredo Henriques - Director
The CIN (Corporate Identification Number) of Avantha Business Solutions is U74140DL2005PLC135984. 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 Avantha Business Solutions is at Thapar House – 124 Janpath., New Delhi, Delhi, India – 110001.
Avantha Business Solutions can be reached through the website avanthabsl.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Avantha Business Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Avantha Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Avantha Business Solutions operated in the business outsourcing industry, in the business process outsourcing segment.
The peers of Avantha Business Solutions by revenue are Saince Technology Services Private Limited, Nimbus BPO Limited, Future Pipe Industries Services Private Limited, Fleming India Management Services Private Limited, Xion Multiventures Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).