About Better Management Services Pvt Ltd
Data last updated:
Better Management Services Pvt Ltd was a private limited company based in Mumbai, Maharashtra, 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 management consultancy segment of the business services sector. It was incorporated on 05 August 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1988PTC048381. Its GSTIN is 27AAACB2019F1Z8 (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sangeeta Gopal Narang and Gopal Madhawdas Narang.
Its last annual general meeting (AGM) was held on 05 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Windsor 1st Floor Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2024, the company reported a revenue of ₹32,610, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹4.45 Lakh and EBITDA of -₹4.45 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The last known website on record is bettercement.com.
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- Registered AddressWindsor 1st Floor Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryBusiness Services, Management Consultancy
- 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
Financials of Better Management Services Pvt Ltd FY 2024 filings available
Better Management Services Pvt Ltd reported revenue of ₹32,610 (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Better Management Services Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 13% fall 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 Better Management Services Pvt Ltd
| 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 | ₹32,610 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.45 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 of Better Management Services Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Better Management Services 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.
Peer Comparison of Better Management Services Pvt Ltd
Better Management Services Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Other Financial 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 |
|---|---|---|---|---|---|---|
| Umbergaon Investments Pvt Ltd | ₹32,753 (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Sanklecha Capfin Limited | ₹32,730 (FY 2025) | •••• | •••• | -5.0% | •••• | Pali Marwar, Rajasthan, India |
| Innovative Pillars Private Limited | ₹32,720 (FY 2025) | •••• | •••• | 6.0% | •••• | Surat, Gujarat, India |
| Capfun Microfinance Private Limited | ₹32,690 (FY 2024) | •••• | •••• | 38.0% | •••• | Thane, Maharashtra, India |
| Ar Trustee Company Private Limited | ₹32,655 (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Better Management Services Pvt Ltd this company | ₹32,610 (FY 2024) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Vertex Holding Private Limited | ₹32,610 (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Janmejay Finance Pvt Ltd | ₹32,540 (FY 2022) | •••• | •••• | 13.0% | •••• | Nagda, Madhya Pradesh, India |
| Raj Jyoti Trading and Investment Private Limited | ₹32,438 (FY 2023) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Jeevodayam Kuries Private Limited | ₹32,407 (FY 2025) | •••• | •••• | -87.0% | •••• | Thrissur, Kerala, India |
| NH Time Investments Research Private Limited | ₹32,204 (FY 2024) | •••• | •••• | -88.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Better Management Services by revenue in the BFSI industry (Other Financial 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 Better Management Services Pvt Ltd
Better Management Services Pvt Ltd is audited by Shaparia Mehta And Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shaparia Mehta And Associates LLP | 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.
Board of Directors of Better Management Services Pvt Ltd
Better Management Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Gopal Narang Also directs: Courtyard Real Estate Private Limited, Courtyard Realty Private Limited, Narang Biz Private Limited and 3 more | Director | 15 Dec 2012 | 13 Years 9 Months | As last reported |
| Gopal Madhawdas Narang Also directs: Courtyard Real Estate Private Limited, Courtyard Realty Private Limited, Narang Biz Private Limited and 5 more | Director | 01 Nov 2003 | 22 Years 11 Months | As last reported |
| Advait Gopal Narang Also directs: Courtyard Real Estate Private Limited, Courtyard Realty Private Limited, Narang Biz Private Limited and 3 more | Director | 15 Dec 2012 | 13 Years 9 Months | As last reported |
| Soham Gopal Narang Also directs: Courtyard Real Estate Private Limited, Courtyard Realty Private Limited, Narang Biz Private Limited and 4 more | Director | 15 Dec 2012 | 13 Years 9 Months | As last reported |
Ownership and Shareholding of Better Management Services Pvt Ltd
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 Better Management Services Pvt Ltd
Better Management Services Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Better Management Services Pvt Ltd
Employment history and EPFO contributions of people linked to Better Management Services.
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.
CIN History of Better Management Services Pvt Ltd
Better Management Services has one previous CIN (Corporate Identification Number): U74140MH2004PTC048381. The current CIN is U74140MH1988PTC048381, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH1988PTC048381 | Current |
| U74140MH2004PTC048381 | Previous |
Recent Activity on Better Management Services Pvt Ltd
Better Management Services Pvt Ltd has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Madhavdas Govindram Narang ceased to be Director on 07 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Better Management Services Pvt Ltd
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 Better Management Services Pvt Ltd
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 Better Management Services Pvt Ltd
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 Better Management Services Pvt Ltd
Better Management Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2019F1Z8 | Maharashtra | Active | 16 Oct 2018 |
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 Better Management Services Pvt Ltd
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 Better Management Services Pvt Ltd
Better Management Services 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.
Better Management 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 05 August 1988 and is registered under CIN U74140MH1988PTC048381. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Better Management Services was incorporated on 05 August 1988. It is registered with the Registrar of Companies, Mumbai.
Better Management Services had 4 directors:
- Sangeeta Gopal Narang - Director
- Gopal Madhawdas Narang - Director
- Advait Gopal Narang - Director
- Soham Gopal Narang - Director
The CIN (Corporate Identification Number) of Better Management Services is U74140MH1988PTC048381. 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 Better Management Services is at Windsor 1st Floor Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
Better Management Services can be reached through the website bettercement.com. Its registered office is in Mumbai, Maharashtra, India.
Better Management Services reported revenue of ₹32,610 for FY 2024 (down 13% YoY).
Better Management Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Better Management Services reported a net loss of ₹4.45 Lakh and EBITDA of -₹4.45 Lakh for FY 2024, as per its filed financial statements.
The GSTIN of Better Management Services is 27AAACB2019F1Z8, registered in Maharashtra.