Biswastha Advisors Private Limited

Biswastha Advisors Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018PTC109594 Incorporated 17 January 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2025
₹91.8 Lakh
▲ 2% YoY
Net profit · FY 2025
₹8.3 Lakh
Net margin 9%
EBITDA · FY 2025
₹15.51 Lakh
EBITDA margin 16.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Biswastha Advisors Private Limited

Data last updated:

Biswastha Advisors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109594. Its GSTIN is 29AAGCD5126M2ZA (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Diakopes Ventures Private Limited. It is led by directors Banita Kumari Sahu and Nirad Ranjan Sahoo.

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 No.2580 27th Main 13th Cross 1st Sector, Bangalore, Karnataka, India – 560102.

As per the financials filed for FY 2025, the company reported a revenue of ₹91.8 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.3 Lakh (net margin 9%) and EBITDA of ₹15.51 Lakh (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 232% over three years.

Biswastha Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0188354).

Company details

CIN U74999KA2018PTC109594
Registration Number 109594
Incorporation Date 17 January 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0188354

Name history

Biswastha Advisors has undergone 2 name changes throughout its history. The company was previously known as Biswastha Advisors Private Limited, and Diakopes Ventures Private Limited. The current legal name is Biswastha Advisors Private Limited.

Company NameStatus
Biswastha Advisors Private LimitedCurrent
Diakopes Ventures Private LimitedPrevious

Recognitions & Rankings of Biswastha Advisors

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0188354

Contact details

Biswastha Advisors Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.2580 27th Main 13th Cross 1st Sector, Bangalore, Karnataka, India – 560102
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Biswastha Advisors Private Limited, buy the company report.

Comprehensive company report
Biswastha Advisors Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Biswastha Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Biswastha Advisors Private Limited, buy the company report.

Financials of Biswastha Advisors Private Limited

FY 2024 filings available

Biswastha Advisors Private Limited reported revenue of ₹91.8 Lakh (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹91.8 Lakh ▲ 2%
Net profit · FY 2025
₹8.3 Lakh margin 9%
EBITDA · FY 2025
₹15.51 Lakh margin 16.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 232%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 135%
5 years · compounded
▲ 165%

Revenue has grown at a compounded annual rate (CAGR) of 232% over three years, including 2% growth in the latest year. EBITDA fell 34% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹15.51 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.3 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.9%
Net Profit Margin9%
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 Biswastha Advisors Private Limited, buy the company report.

Board of directors of Biswastha Advisors Private Limited

Biswastha Advisors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Banita Kumari SahuDirector24 May 20188 Years 5 MonthsCurrent
Nirad Ranjan SahooDirector28 Jan 20224 Years 9 MonthsCurrent

Auditor

Biswastha Advisors Private Limited is audited by M AHAMED RASOOL AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M AHAMED RASOOL AND ASSOCIATESFY 2023019166S

Shareholding

The shareholding of Biswastha Advisors Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Biswastha Advisors Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Biswastha Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Biswastha Advisors has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAGCD5126M2ZAKarnatakaActive01 Feb 2023

To see the full GST registrations and return filing status of Biswastha Advisors Private Limited, buy the company report.

Recent activity

Biswastha Advisors Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Raghunath Prusty ceased to be Director on 27 Mar 2022.

AGM
Biswastha Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Biswastha Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Raghunath Prusty ceased to be Director.
Appointed
Nirad Ranjan Sahoo was appointed as Director.
Ceased
Ananta Charana Sahoo ceased to be Director.
Ceased
Dau Rama Sankar Dora ceased to be Director.
Appointed
Banita Kumari Sahu was appointed as Director.
Incorporation
17 Jan 2018
Biswastha Advisors Private Limited was registered on 17 Jan 2018 with Roc Bangalore & aged 8 years 9 months as per MCA records.

Frequently asked questions

Biswastha Advisors is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109594.

Biswastha Advisors has 2 current directors:

The latest financial statements of Biswastha Advisors 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 FY 2018 are in the company report.

The GSTIN of Biswastha Advisors is 29AAGCD5126M2ZA, registered in Karnataka. 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 Biswastha Advisors is U74999KA2018PTC109594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Biswastha Advisors was incorporated on 17 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Raghunath Prusty ceased to be Director on 27 Mar 2022. Nirad Ranjan Sahoo was appointed as Director on 28 Jan 2022. Ananta Charana Sahoo ceased to be Director on 27 Aug 2021. Biswastha Advisors has 5 board changes on record in total.

Yes, Biswastha Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0188354).

The registered office of Biswastha Advisors is at No.2580 27th Main 13th Cross 1st Sector, Bangalore, Karnataka, India – 560102.

Biswastha Advisors operates in the business outsourcing industry, in the business and IT consulting segment.