Bharat Advisory Services Private Limited
About Bharat Advisory Services Private Limited
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Bharat Advisory Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 25 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2004PTC052812. Its GSTIN is 33AACCB3923C1ZC (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Rekha Raghunathan and Jayakar Krishnamurthy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.08 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹18.59 Lakh (net margin -59.8%) and EBITDA of -₹11.75 Lakh (EBITDA margin -37.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 21% over five years.
As per MCA filings, the company has satisfied charges of ₹26.15 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bharat Advisory Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address6/15 Arunachalam Road, Kotturpuram, Chennai, Tamil Nadu, India – 600085
- IndustryBusiness Outsourcing, Accounting and Financial Analysis, Business & IT Consulting
To see the full contact details of Bharat 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 Bharat Advisory Services is professional, scientific and technical. In detail, this covers management consultancy activities, accounting, book keeping and auditing activities, tax consultancy and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of Bharat Advisory Services Private Limited
FY 2024 filings availableBharat Advisory Services Private Limited reported revenue of ₹31.08 Lakh (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 78% fall in the latest year. EBITDA fell 168% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹11.75 Lakh | ||||
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| Net Profit (PAT) | -₹18.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -37.8% | ||||
| Net Profit Margin | -59.8% | ||||
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To see the full financial statements and ratios of Bharat Advisory Services Private Limited, buy the company report.
Board of directors of Bharat Advisory Services Private Limited
Bharat Advisory Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Raghunathan Also directs: Ucal Rubber Products Limited, Ucal Polymer Industries Limited, Southern Ceramics Private Limited and 5 more | Director | 02 Mar 2022 | 4 Years 8 Months | Current |
| Jayakar Krishnamurthy Also directs: Ucal Limited, Ucal Rubber Products Limited, Ucal Polymer Industries Limited and 5 more | Director | 19 Feb 2024 | 2 Years 8 Months | Current |
Shareholding
The shareholding of Bharat Advisory Services Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bharat Advisory Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2017 | 100077671 | State Bank of India | ₹26.15 Cr | Satisfied |
To see the full charge records of Bharat Advisory Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bharat Advisory Services Private Limited has 2 court cases on record: 2 filed by Bharat Advisory Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against M/S Dhruv Jewellers Private Limited by Its Director Chandrakant K. Soni and 1 other | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S Dhruv Jewellers Private Limited by Its Director Chandrakant K. Soni and 1 other | Disposed |
To see the full case history of Bharat Advisory Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bharat Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bharat Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCB3923C1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharat Advisory Services Private Limited, buy the company report.
Recent activity
Bharat Advisory Services Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Jayakar Krishnamurthy ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Bharat Advisory Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 25 March 2004 (22+ years old) and is registered under CIN U74140TN2004PTC052812.
Bharat Advisory Services has 2 current directors:
- Rekha Raghunathan - Director
- Jayakar Krishnamurthy - Director
The latest financial statements of Bharat Advisory Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharat Advisory Services is 33AACCB3923C1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Bharat Advisory Services is U74140TN2004PTC052812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Advisory Services has 2 court cases on record: 2 filed by the company.
Bharat Advisory Services was incorporated on 25 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Jayakar Krishnamurthy ceased to be Additional Director on 29 Sep 2024. Jayakar Krishnamurthy was appointed as Director on 19 Feb 2024. Rekha Raghunathan ceased to be Additional Director on 29 Sep 2022. Bharat Advisory Services has 8 board changes on record in total.
The registered office of Bharat Advisory Services is at 615 Arunachalam Road, Kotturpuram, Chennai, Tamil Nadu, India – 600085.
Bharat Advisory Services operates in the business outsourcing industry, in the accounting and financial analysis segment.
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