About Chitale Advisory Services Private Limited
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Chitale Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2006PTC158818. Its GSTIN is 27AABCI4580R1ZX (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Shobhana Rajendra Chitale and Rajendra Prabhakar 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 Nirlon House 5th Floor Dr. Annie Besant Road, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.6 Cr, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹59.92 Lakh (net margin 37.5%) and EBITDA of ₹1.13 Cr (EBITDA margin 70.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chitale.net.
Company details
Contact details
Chitale Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is chitale.net. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNirlon House 5th Floor Dr. Annie Besant Road, Mumbai, Maharashtra, India – 400030
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Chitale 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 activities of Chitale Advisory Services are professional, scientific and technical and real estate. In detail, this covers other professional, scientific and technical activities and real estate activities with own or leased property. 2 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 | M9 | Other professional, scientific and technical activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Chitale Advisory Services Private Limited, buy the company report.
Financials of Chitale Advisory Services Private Limited
FY 2025 filings availableChitale Advisory Services Private Limited reported revenue of ₹1.6 Cr (up 132% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 132% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 338% 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 | ₹1.13 Cr | ||||
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| Net Profit (PAT) | ₹59.92 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 | 70.8% | ||||
| Net Profit Margin | 37.5% | ||||
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To see the full financial statements and ratios of Chitale Advisory Services Private Limited, buy the company report.
Board of directors of Chitale Advisory Services Private Limited
Chitale Advisory Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobhana Rajendra Chitale | Director | 12 Jan 2006 | 20 Years 9 Months | Current |
| Rajendra Prabhakar Chitale | Director | 12 Jan 2006 | 20 Years 9 Months | Current |
Shareholding
The shareholding of Chitale Advisory Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Chitale Advisory Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2006 | 10012905 | Uti Bank Limited | ₹9 Cr | Satisfied |
To see the full charge records of Chitale Advisory Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Chitale Advisory Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chitale Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chitale Advisory Services Private Limited has a workforce of 2 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Chitale Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI4580R1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chitale Advisory Services Private Limited, buy the company report.
Recent activity
Chitale Advisory Services Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Rajendra Prabhakar Chitale was appointed as Director on 12 Jan 2006.
Frequently asked questions
Chitale Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 January 2006 (20+ years old) and is registered under CIN U74140MH2006PTC158818.
Chitale Advisory Services has 2 current directors:
- Shobhana Rajendra Chitale - Director
- Rajendra Prabhakar Chitale - Director
The latest financial statements of Chitale Advisory Services 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 Chitale Advisory Services is 27AABCI4580R1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Chitale Advisory Services is U74140MH2006PTC158818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chitale Advisory Services was incorporated on 12 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajendra Prabhakar Chitale was appointed as Director on 12 Jan 2006. Shobhana Rajendra Chitale was appointed as Director on 12 Jan 2006.
Chitale Advisory Services can be reached through the website chitale.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Chitale Advisory Services is at Nirlon House 5th Floor Dr. Annie Besant Road, Mumbai, Maharashtra, India – 400030.
Chitale Advisory Services operates in the business outsourcing industry, in the business and IT consulting segment.