About Covert Management Services Private Limited
Data last updated:
Covert Management Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 23 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2004PTC033415. Its GSTIN is 29AACCC3780E1ZP (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Chandan Singh (Managing Director) and Mohan Nandhini.
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 1859/2 10th Main Road33Rd Cross Bsk Iind Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.09 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹42.86 Lakh (net margin 4.2%) and EBITDA of ₹64.07 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 2% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Covert India. As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹90 Lakh 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 covertindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1859/2 10th Main Road33Rd Cross Bsk Iind Stage, Bangalore, Karnataka, India – 560070
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
- One PDF report, delivered after checkout
Business Activity of Covert Management Services Private Limited
The main business activity of Covert Management Services is support service to organizations. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Covert Management Services Private Limited FY 2025 filings available
Covert Management Services Private Limited reported revenue of ₹10.09 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Covert Management Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 16% growth in the latest year. EBITDA fell 42% 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 of Covert Management Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹64.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.86 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 of Covert Management Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Covert Management Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Covert Management Services Private Limited
Covert Management Services Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kloud Connect Tech Private Limited | ₹10.15 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | Bangalore, Karnataka, India |
| Zephyr Aerospace Private Limited | ₹10.12 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Coonoor, Tamil Nadu, India |
| Rollscoax India Private Limited | ₹10.11 Cr (FY 2025) | •••• | •••• | 164.0% | •••• | Surat, Gujarat, India |
| Credentia Finclusion Private Limited | ₹10.1 Cr (FY 2023) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Liases Foras Real Estate Rating & Research Private Limited | ₹10.1 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Covert Management Services Private Limited this company | ₹10.09 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Nmci Inspections and Survey Company Private Limited | ₹10.07 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Navi Mumbai, Maharashtra, India |
| P.R Pipeline Services Private Limited | ₹10.04 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Thane, Maharashtra, India |
| Syncreon Consulting Limited | ₹10.03 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Riddhi Siddhi Services Limited | ₹10.02 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Indore, Madhya Pradesh, India |
| Zecrom Enterprises Private Limited | ₹10.02 Cr (FY 2022) | •••• | •••• | -33.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Covert Management Services by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Covert Management Services Private Limited
Covert Management Services Private Limited is audited by R V S & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R V S & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Covert Management Services Private Limited
Covert Management Services has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Nandhini | Director | 28 Apr 2024 | 2 Years 5 Months | Current |
| Srinidhi | Director | 17 Jul 2015 | 11 Years 2 Months | Current |
| Satish Krishna Kommana | Director | 25 Aug 2016 | 10 Years 1 Months | Current |
| Sanjay A Adisesha Also directs: Apexbridge Ventures LLP | Director | 30 Aug 2017 | 9 Years 1 Months | Current |
| Rebecca Singh | Director | 30 Aug 2017 | 9 Years 1 Months | Current |
| Chandan Singh | Managing Director | 25 Jul 2012 | 14 Years 2 Months | Current |
Ownership and Shareholding of Covert Management Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Covert Management Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Hdfc Bank Limited | ₹75 Lakh | Open |
| 24 Jan 2012 | Hdfc Bank Limited | ₹90 Lakh | Satisfied |
Total charge records: 2 View all charges
Associated Brands with Covert Management Services Private Limited
Covert Management Services operates one associated brand: Covert India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Risk management, consultancy, and training services provided in India. | covertindia.com |
Employees and EPFO Compliance at Covert Management Services Private Limited
Covert Management Services Private Limited has a workforce of 31 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Covert Management Services Private Limited
Covert Management Services Private Limited has 17 board changes on record since 2009: 8 appointments and 9 cessations. The latest: Hemanthkumar Seemon Clansman ceased to be Director on 09 Jul 2025.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Covert Management Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Covert Management Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Covert Management Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Covert Management Services Private Limited
Covert Management Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC3780E1ZP | Karnataka | Active | 01 Jul 2017 |
| 33AACCC3780E1Z0 | Tamil Nadu | Active | 11 Dec 2017 |
| 36AACCC3780E1ZU | Telangana | Active | 03 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Covert Management Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Covert Management Services Private Limited
Covert Management Services is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 23 February 2004 (22+ years old) and is registered under CIN U74140KA2004PTC033415.
Covert Management Services reported revenue of ₹10.09 Cr for FY 2024 (up 16% YoY).
Covert Management Services has 6 current directors:
- Chandan Singh - Managing Director
- Mohan Nandhini - Director
- Srinidhi - Director
- Satish Krishna Kommana - Director
- Sanjay A Adisesha - Director
- Rebecca Singh - Director
Covert Management Services reported a net profit of ₹42.86 Lakh (net margin 4.2%) and EBITDA of ₹64.07 Lakh (EBITDA margin 6.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Covert Management Services is 21% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Covert Management Services is 29AACCC3780E1ZP, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AACCC3780E1Z0 (Tamil Nadu), 36AACCC3780E1ZU (Telangana).
The CIN (Corporate Identification Number) of Covert Management Services is U74140KA2004PTC033415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covert Management Services was incorporated on 23 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Covert Management Services by revenue are Kloud Connect Tech Private Limited, Zephyr Aerospace Private Limited, Rollscoax India Private Limited, Credentia Finclusion Private Limited, Liases Foras Real Estate Rating & Research Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Hemanthkumar Seemon Clansman ceased to be Director on 09 Jul 2025. Hemanthkumar Seemon Clansman was appointed as Director on 27 May 2024. Mohan Nandhini was appointed as Director on 28 Apr 2024. Covert Management Services has 17 board changes on record in total.
Covert Management Services can be reached through the website covertindia.com. Its registered office is in Bangalore, Karnataka, India.