- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0260318

C T Associates Private Limited
About C T Associates Private Limited
Data last updated:
C T Associates Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74910MH1996PTC102599. Its GSTIN is 27AAACC7411Q1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.84 Lakh. It is led by directors including Nityanand Balkrishna Tadvalkar and Pushkar Charuchandra Chitale.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 1 Anupam Terrace Co – Ophsg Soc 754/B Karve Road Kothrud, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.56 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹15.04 Lakh (net margin 1.1%) and EBITDA of ₹21.29 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 26% over five years.
The company has about 318 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹3.5 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it.
C T Associates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0260318). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of C T Associates
Contact details
C T Associates Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressS – 1 Anupam Terrace Co – Ophsg Soc 754/B Karve Road Kothrud, Pune, Maharashtra, India – 411029
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of C T Associates 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 C T Associates is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of C T Associates Private Limited, buy the company report.
Financials of C T Associates Private Limited
FY 2025 filings availableC T Associates Private Limited reported revenue of ₹13.56 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 33% growth in the latest year. EBITDA rose 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹21.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.04 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 C T Associates Private Limited, buy the company report.
Board of directors of C T Associates Private Limited
C T Associates has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nityanand Balkrishna Tadvalkar | Director | 17 Sep 1996 | 30 Years 1 Months | Current |
| Pushkar Charuchandra Chitale Also directs: Synergies HCLS Outsourcing Solutions Private Limited | Director | 01 Mar 2013 | 13 Years 8 Months | Current |
| Abha Nityanand Tadvalkar | Director | 01 Mar 2013 | 13 Years 8 Months | Current |
Auditor
C T Associates Private Limited is audited by N V PARASNIS & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N V PARASNIS & CO | FY 2020 | 112857W |
Shareholding
The shareholding of C T Associates Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of C T Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2016 | 100033061 | Bank of India | ₹15 Lakh | Open | |
| 26 Sep 2003 | 90082881 | Bank of India | ₹3.5 Lakh | Satisfied |
To see the full charge records of C T Associates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
C T Associates Private Limited has 7 court cases on record: 1 filed by C T Associates, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Garware Wall Ropes Ltd, | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Garware Wall Ropes Ltd, | Disposed |
| Bombay High Court | Appeal | Filed against the company by Garware Wall Ropes Ltd, | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Garware Wall Ropes Ltd, | Disposed |
| Supreme Court | Court case (0101-Labour Matters : Dismissal) | Filed against the company by an individual | Disposed |
To see the full case history of C T Associates 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 C T Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
C T Associates Private Limited has a workforce of 318 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
C T Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC7411Q1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of C T Associates Private Limited, buy the company report.
Recent activity
C T Associates Private Limited has 7 board changes on record since 1996: 3 appointments and 4 cessations. The latest: Abha Nityanand Tadvalkar ceased to be Additional Director on 30 Sep 2013.
1 earlier event is in the company report.
Frequently asked questions
C T Associates is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 September 1996 (30+ years old) and is registered under CIN U74910MH1996PTC102599.
C T Associates has 3 current directors:
- Nityanand Balkrishna Tadvalkar - Director
- Pushkar Charuchandra Chitale - Director
- Abha Nityanand Tadvalkar - Director
The latest financial statements of C T Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of C T Associates is 27AAACC7411Q1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of C T Associates is U74910MH1996PTC102599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
C T Associates has 7 court cases on record: 1 filed by the company and 6 filed against it. Most are in the high courts.
C T Associates was incorporated on 17 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
Abha Nityanand Tadvalkar ceased to be Additional Director on 30 Sep 2013. Pushkar Charuchandra Chitale ceased to be Additional Director on 30 Sep 2013. Balkrishna Narayan Tadvalkar ceased to be Director on 11 Apr 2013. C T Associates has 7 board changes on record in total.
Yes, C T Associates is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0260318).
The registered office of C T Associates is at S – 1 Anupam Terrace Co – Ophsg Soc 754B Karve Road Kothrud, Pune, Maharashtra, India – 411029.

