Chetan Associates Private Limited

Chetan Associates Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2012PTC233822 Incorporated 26 July 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2019
₹93,150
▲ 132% YoY
Net profit · FY 2019
₹30,951
Net margin 33.2%
EBITDA · FY 2019
₹31,600
EBITDA margin 33.9%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Chetan Associates Private Limited

Data last updated:

Chetan Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 26 July 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC233822. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suchita Pandarinath Indulkar and Pandarinath Laxman Indulkar.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Indulkar Palace Bunglow No. 234 / 245 Gorai I Rsc – 1A Borivali West, Mumbai, Maharashtra, India – 400091.

As per the financials filed for FY 2019, the company reported a revenue of ₹93,150, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹30,951 (net margin 33.2%) and EBITDA of ₹31,600 (EBITDA margin 33.9%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 58% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74120MH2012PTC233822
Registration Number 233822
Incorporation Date 26 July 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Chetan Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Indulkar Palace Bunglow No. 234 / 245 Gorai I Rsc – 1A Borivali West, Mumbai, Maharashtra, India – 400091
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Chetan Associates Private Limited, buy the company report.

Comprehensive company report
Chetan Associates Private Limited - one report that includes everything
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  • 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 Chetan Associates is support service to organizations. In detail, this covers housekeeping & maintenance service, office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. and other support services to organizations. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN5Housekeeping & maintenance service
NSupport service to OrganizationsN6Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Chetan Associates Private Limited

FY 2019 filings available

Chetan Associates Private Limited reported revenue of ₹93,150 (up 132% YoY) for FY 2019.

Revenue · FY 2019
₹93,150 ▲ 132%
Net profit · FY 2019
₹30,951 margin 33.2%
EBITDA · FY 2019
₹31,600 margin 33.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 132%
3 years · compounded
▼ 66%
5 years · compounded
▼ 58%
EBITDA CAGR growth
1 year
▲ 217%
3 years · compounded
▼ 19%
5 years · compounded
▼ 47%

Revenue rose 132% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 217% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹31,600
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30,951
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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin33.9%
Net Profit Margin33.2%
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 Chetan Associates Private Limited, buy the company report.

Board of directors of Chetan Associates Private Limited

Chetan Associates has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Suchita Pandarinath IndulkarDirector26 Jul 201214 Years 3 MonthsCurrent
Pandarinath Laxman IndulkarDirector26 Jul 201214 Years 3 MonthsCurrent

Auditor

Chetan Associates Private Limited is audited by SDA & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
SDA & ASSOCIATESFY 2017120759W

Shareholding

The shareholding of Chetan Associates Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Chetan Associates Private Limited, buy the company report.

MSME payment delays

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

GST

Chetan Associates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

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

Recent activity

Chetan Associates Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Pandarinath Laxman Indulkar was appointed as Director on 26 Jul 2012.

AGM
Chetan Associates Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Chetan Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I.
Appointed
Pandarinath Laxman Indulkar was appointed as Director.
Appointed
Suchita Pandarinath Indulkar was appointed as Director.
Incorporation
26 Jul 2012
Chetan Associates Private Limited was registered on 26 Jul 2012 with Roc Mumbai I & aged 14 years 3 months as per MCA records.

Frequently asked questions

Chetan Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 26 July 2012 (14+ years old) and is registered under CIN U74120MH2012PTC233822.

Chetan Associates has 2 current directors:

The latest financial statements of Chetan Associates on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

No. Chetan Associates has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Chetan Associates is U74120MH2012PTC233822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chetan Associates was incorporated on 26 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

Pandarinath Laxman Indulkar was appointed as Director on 26 Jul 2012. Suchita Pandarinath Indulkar was appointed as Director on 26 Jul 2012.

The registered office of Chetan Associates is at Indulkar Palace Bunglow No. 234 245 Gorai I Rsc – 1A Borivali West, Mumbai, Maharashtra, India – 400091.

Chetan Associates operates in the business outsourcing industry, in the business process outsourcing segment.

The compliance status of Chetan Associates is compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.