- Udyam number
- UDYAM-MH-19-0012689

About Cla Indus Value Consulting Private Limited
Data last updated:
Cla Indus Value Consulting Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 02 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2001PTC131839. Its GSTIN is 27AACCM6727H1ZC (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It was formerly known as Mazars Business Solutions Private Limited. It is led by directors including Kartik Radia Bharatkumar (Managing Director) and Nimish Anil Chodankar.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 103 & 104 Floor – 10th Plot – 220 Maker Chamber VI, Jamnalal Bajaj Marg Nariman Point Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.25 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 4.2%) and EBITDA of ₹2.83 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 29% over five years.
The company is associated with 1 brand: CLA Global. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.26 Cr; the latest was in December 2023.
Cla Indus Value Consulting Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0012689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mazars.co.in.
Company details
Recognitions & Rankings of Cla Indus Value Consulting
Contact details
Cla Indus Value Consulting Private Limited's registered office is in Mumbai, Maharashtra. Its website is mazars.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address103 & 104 Floor – 10th Plot – 220 Maker Chamber VI, Jamnalal Bajaj Marg Nariman Point Mumbai, Maharashtra, India – 400021
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Cla Indus Value Consulting 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
Brands
Cla Indus Value Consulting operates one associated brand: CLA Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides advisory services in governance, risk, cyber security, and corporate finance to businesses and governments. | claivc.com |
Business activity
The main business activity of Cla Indus Value Consulting is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Cla Indus Value Consulting Private Limited, buy the company report.
Financials of Cla Indus Value Consulting Private Limited
FY 2025 filings availableCla Indus Value Consulting Private Limited reported revenue of ₹36.25 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA rose 9% 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 |
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| EBITDA | ₹2.83 Cr | ||||
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| Net Profit (PAT) | ₹1.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Cla Indus Value Consulting Private Limited, buy the company report.
Board of directors of Cla Indus Value Consulting Private Limited
Cla Indus Value Consulting has 9 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimish Anil Chodankar | Director | 31 Oct 2023 | 3 Years 0 Months | Current |
| Suvayu Ray | Director | 04 Jun 2021 | 5 Years 5 Months | Current |
| Rohit Bhageria Also directs: PBPS Traders Private Limited | Director | 12 Aug 2022 | 4 Years 3 Months | Current |
| Kartik Radia Bharatkumar | Managing Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Puneet Agarwal | Director | 05 Mar 2024 | 2 Years 8 Months | Current |
| Palash Prkashchandra Kothari Also directs: Cla Indus Value LLP, Indus Value Consulting Services LLP, Indus Value Consulting Private Limited and 1 more | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
Auditor
Cla Indus Value Consulting Private Limited is audited by SSRV AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSRV AND ASSOCIATES | FY 2022 | 135901W |
Shareholding
The shareholding of Cla Indus Value Consulting Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cla Indus Value Consulting Private Limited, buy the company report.
Deals & funding
Cla Indus Value Consulting Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.26 Cr; the latest was in December 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Mazars Asia Pacific Pte Limited, an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Seller: Mazars Asia Pacific Pte Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Mazars Asia Pacific Pte Limited, 3 individuals Seller: 2 individuals |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Mazars Asia Pacific Pte Limited Seller: Mazars SA |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: K and M Consultants Private Limited , K & M Consultants Private Limited & Elavia Manchershaw Keki |
To see the full deal history of Cla Indus Value Consulting Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cla Indus Value Consulting Private Limited has 4 court cases on record: 1 filed by Cla Indus Value Consulting, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Bdo India Limited Liability Partnership / Bdo India Advisory Private Ltd./ Bdo India Services Priva and 2 others | Pending |
| Bombay High Court | Writ petition | Filed against the company by Arohatech IT Services Pvt Ltd Throu. Nishant Tyagi | Pending |
| Calcutta High Court | Arbitration matter | Filed against the company by Infinity Infotech Parks Limited | Disposed |
| High Court, West Bengal | Arbitration matter | Filed against the company by Infinity Infotech Parks Limited C K Jain and Company | Disposed |
To see the full case history of Cla Indus Value Consulting 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 Cla Indus Value Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cla Indus Value Consulting has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6727H1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AACCM6727H2ZB | Maharashtra | Active | 01 Apr 2025 |
| 06AACCM6727H1ZG | Haryana | Active | 10 Dec 2022 |
To see the full GST registrations and return filing status of Cla Indus Value Consulting Private Limited, buy the company report.
Recent activity
Cla Indus Value Consulting Private Limited has 36 board changes on record since 2009: 9 appointments and 27 cessations. The latest: Fernando Rui Navarro Menezes was appointed as Additional Director on 17 Dec 2025.
27 earlier events are in the company report.
Frequently asked questions
Cla Indus Value Consulting is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 02 May 2001 (25+ years old) and is registered under CIN U74140MH2001PTC131839.
Cla Indus Value Consulting has 9 current directors:
- Kartik Radia Bharatkumar - Managing Director
- Nimish Anil Chodankar - Director
- Suvayu Ray - Director
- Rohit Bhageria - Director
- Puneet Agarwal - Director
- Palash Prkashchandra Kothari - Director
- Mariaraj Sahaya Xavier - Additional Director
- Pawan Ravindra Pawar - Additional Director
- Fernando Rui Navarro Menezes - Additional Director
The latest financial statements of Cla Indus Value Consulting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cla Indus Value Consulting is 27AACCM6727H1ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCM6727H2ZB (Maharashtra), 06AACCM6727H1ZG (Haryana).
The CIN (Corporate Identification Number) of Cla Indus Value Consulting is U74140MH2001PTC131839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cla Indus Value Consulting has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending.
Cla Indus Value Consulting was incorporated on 02 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Cla Indus Value Consulting has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.26 Cr; the latest was in December 2023.
Fernando Rui Navarro Menezes was appointed as Additional Director on 17 Dec 2025. Pawan Ravindra Pawar was appointed as Additional Director on 04 Nov 2025. Mariaraj Sahaya Xavier was appointed as Additional Director on 09 Sep 2025. Cla Indus Value Consulting has 36 board changes on record in total.
Yes, Cla Indus Value Consulting is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0012689).

