About Pipal Research Analytics And Information Services India Private Limited
Data last updated: 25 July 2025
Pipal Research Analytics And Information Services India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Crisil Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in diversified financial services, a part of the broader financial services sector. Incorporated on 16 July 2004.
Registered with ROC Mumbai under CIN U73100MH2004PTC244103.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Amish Pramodrai Mehta and Raman Uberoi.
Last AGM: 07 March 2016. Financial statements filed for year ended 31 December 2015. Office: Crisil House Central Avenue Hiranandani Business Park Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2015, the company reported a revenue of ₹26.55 Cr, a decline of 6.09% compared to the previous year.
It operated as a subsidiary of Crisil Limited.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is crisil.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressCrisil House Central Avenue Hiranandani Business Park Powai, Mumbai, Maharashtra, India – 400076
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Pipal Research Analytics And Information Services India Private Limited
Pipal Research Analytics And Information Services India Private Limited has one previous CIN (Corporate Identification Number): U73100DL2004PTC127658. The current CIN is U73100MH2004PTC244103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100MH2004PTC244103 | Current |
| U73100DL2004PTC127658 | Previous |
Auditor Details of Pipal Research Analytics And Information Services India Private Limited
Pipal Research Analytics And Information Services India Private Limited is audited by S. R. B. C. & Co. LLP for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R. B. C. & Co. LLP | blur-value | blur-value | blur-value |
Board of Directors of Pipal Research Analytics And Information Services India Private Limited
Pipal Research Analytics And Information Services India Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Amish Pramodrai Mehta
Also directs:
Crisil Limited
|
Director | 07 Jan 2015 | 11 Years 6 Months | As last reported |
|
Raman Uberoi
Also directs:
Pg Electroplast Limited, Dvara Kshetriya Gramin Financial Services Private Limited, Ikf Finance Limited and 2 more
|
Director | 14 Feb 2011 | 15 Years 4 Months | As last reported |
| Rajasekhar Kaza | Director | 12 Mar 2015 | 11 Years 3 Months | As last reported |
Financials of Pipal Research Analytics And Information Services India Private Limited FY 2024 filings available
Pipal Research Analytics And Information Services India Private Limited reported revenue of ₹3,259.78 Cr (up 3.83% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹3,259.78 Cr | ₹3,139.52 Cr | ₹2,768.72 Cr | ₹2,300.69 Cr | ₹1,981.83 Cr |
| Other Income | ₹89.64 Cr | ₹106.91 Cr | ₹139.04 Cr | ₹81.69 Cr | ₹94.51 Cr |
| Total Income | ₹3,349.42 Cr | ₹3,246.43 Cr | ₹2,907.76 Cr | ₹2,382.38 Cr | ₹2,076.34 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1,765.09 Cr | ₹1,747.77 Cr | ₹1,552.98 Cr | ₹1,286.91 Cr | ₹1,068.44 Cr |
| Finance Costs | ₹4.03 Cr | ₹3.66 Cr | ₹6.4 Cr | ₹8.93 Cr | ₹14.39 Cr |
| Depreciation & Amortisation | ₹69.95 Cr | ₹103.78 Cr | ₹103.31 Cr | ₹105.98 Cr | ₹121.11 Cr |
| Other Expenses | ₹583.88 Cr | ₹523.52 Cr | ₹502.67 Cr | ₹407.94 Cr | ₹414.11 Cr |
| Total Expenses | ₹2,422.95 Cr | ₹2,378.73 Cr | ₹2,165.36 Cr | ₹1,809.76 Cr | ₹1,618.05 Cr |
| Profit Before Exceptional Items & Tax | ₹926.47 Cr | ₹867.7 Cr | ₹742.4 Cr | ₹572.62 Cr | ₹458.29 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹45.82 Cr | ₹0 |
| Profit Before Tax | ₹926.47 Cr | ₹867.7 Cr | ₹742.4 Cr | ₹618.44 Cr | ₹458.29 Cr |
| Total Tax Expense | ₹242.4 Cr | ₹209.26 Cr | ₹178.01 Cr | ₹152.63 Cr | ₹103.56 Cr |
| Net Profit | ₹684.07 Cr | ₹658.44 Cr | ₹564.39 Cr | ₹465.81 Cr | ₹354.73 Cr |
| attributable to Owners | ₹0 | ₹658.44 Cr | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹113.33 Cr | ₹87.8 Cr | -₹43.22 Cr | ₹32.03 Cr | -₹8.85 Cr |
| Total Comprehensive Income | ₹797.4 Cr | ₹746.24 Cr | ₹521.17 Cr | ₹497.84 Cr | ₹345.88 Cr |
| EBITDA (computed) | ₹1,000.45 Cr | ₹975.14 Cr | ₹852.11 Cr | ₹687.53 Cr | ₹593.79 Cr |
| Basic EPS | ₹93.55 | ₹90.08 | ₹77.31 | ₹64.03 | ₹48.93 |
| Diluted EPS | ₹93.55 | ₹90.07 | ₹77.26 | ₹63.96 | ₹48.90 |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Total Assets | ₹3,941.78 Cr | ₹3,314.52 Cr | ₹2,831 Cr |
| Non-current Assets | ₹1,799.08 Cr | ₹1,217.24 Cr | ₹1,069.8 Cr |
| Current Assets | ₹2,142.7 Cr | ₹2,097.28 Cr | ₹1,761.2 Cr |
| Property, Plant & Equipment | ₹160.03 Cr | ₹44.46 Cr | ₹47.37 Cr |
| Inventories | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹549.79 Cr | ₹689.51 Cr | ₹758.83 Cr |
| Cash & Equivalents | ₹301.91 Cr | ₹366.12 Cr | ₹319.25 Cr |
| Equity (Net Worth) | ₹2,564.82 Cr | ₹2,189.26 Cr | ₹1,791.98 Cr |
| Equity Share Capital | ₹7.31 Cr | ₹7.31 Cr | ₹7.31 Cr |
| Borrowings (Non-current) | ₹201.57 Cr | ₹0 | ₹0 |
| Borrowings (Current) | ₹48.43 Cr | ₹0 | ₹0 |
| Total Debt (computed) | ₹250 Cr | ₹0 | ₹0 |
| Current Liabilities | ₹1,091.75 Cr | ₹1,006.89 Cr | ₹943.8 Cr |
| Total Liabilities | ₹1,376.96 Cr | ₹1,125.26 Cr | ₹1,039.02 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Operating Cash Flow | ₹765.06 Cr | ₹780.33 Cr | ₹456.34 Cr | ₹403.12 Cr |
| Investing Cash Flow | -₹386.3 Cr | -₹326.73 Cr | -₹61.64 Cr | -₹88.25 Cr |
| Financing Cash Flow | -₹441.82 Cr | -₹407.68 Cr | -₹368.32 Cr | -₹291.03 Cr |
| Capital Expenditure | ₹173.16 Cr | ₹62.95 Cr | ₹41.14 Cr | ₹22.79 Cr |
| Free Cash Flow (computed) | ₹591.9 Cr | ₹717.38 Cr | ₹415.2 Cr | ₹380.33 Cr |
| Dividends Paid | ₹424.12 Cr | ₹358.16 Cr | ₹343.14 Cr | ₹276.49 Cr |
| Net Change in Cash | -₹64.21 Cr | ₹46.87 Cr | ₹29.33 Cr | ₹298.72 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,057.66 Cr | ₹1,081.57 Cr | ₹911.24 Cr | ₹843.02 Cr | ₹813.18 Cr | ₹912.91 Cr | ₹811.84 Cr | ₹797.35 Cr | ₹737.68 Cr | ₹917.74 Cr | ₹735.87 Cr | ₹771.02 Cr |
| Other Income | ₹36.01 Cr | ₹27.1 Cr | ₹36.98 Cr | ₹23.53 Cr | ₹30.59 Cr | ₹30.24 Cr | ₹21.36 Cr | ₹18.09 Cr | ₹21.09 Cr | ₹35.82 Cr | ₹35.97 Cr | ₹17.78 Cr |
| Total Income | ₹1,093.67 Cr | ₹1,108.67 Cr | ₹948.22 Cr | ₹866.55 Cr | ₹843.77 Cr | ₹943.15 Cr | ₹833.2 Cr | ₹815.44 Cr | ₹758.77 Cr | ₹953.56 Cr | ₹771.84 Cr | ₹788.8 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹556.14 Cr | ₹561.43 Cr | ₹492.03 Cr | ₹462.77 Cr | ₹427.09 Cr | ₹464.5 Cr | ₹429.51 Cr | ₹447.51 Cr | ₹423.57 Cr | ₹486.04 Cr | ₹434.31 Cr | ₹434.73 Cr |
| Finance Costs | ₹6.78 Cr | ₹5.05 Cr | ₹5.98 Cr | ₹5.64 Cr | ₹5.55 Cr | ₹2 Cr | ₹68 Lakh | ₹65 Lakh | ₹70 Lakh | ₹78 Lakh | ₹82 Lakh | ₹88 Lakh |
| Depreciation & Amortisation | ₹39.42 Cr | ₹35.1 Cr | ₹31.96 Cr | ₹31.69 Cr | ₹29.77 Cr | ₹20.82 Cr | ₹15.98 Cr | ₹16.13 Cr | ₹17.02 Cr | ₹25.21 Cr | ₹26.5 Cr | ₹26.07 Cr |
| Other Expenses | ₹182.95 Cr | ₹180.57 Cr | ₹155.98 Cr | ₹141.48 Cr | ₹154.09 Cr | ₹161.34 Cr | ₹158.5 Cr | ₹143.19 Cr | ₹121.99 Cr | ₹162.72 Cr | ₹109.9 Cr | ₹132.17 Cr |
| Total Expenses | ₹785.29 Cr | ₹782.15 Cr | ₹685.95 Cr | ₹641.58 Cr | ₹616.5 Cr | ₹648.66 Cr | ₹604.67 Cr | ₹607.48 Cr | ₹563.28 Cr | ₹674.75 Cr | ₹571.53 Cr | ₹593.85 Cr |
| Profit Before Exceptional Items & Tax | ₹308.38 Cr | ₹326.52 Cr | ₹262.27 Cr | ₹224.97 Cr | ₹227.27 Cr | ₹294.49 Cr | ₹228.53 Cr | ₹207.96 Cr | ₹195.49 Cr | ₹278.81 Cr | ₹200.31 Cr | ₹194.95 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹308.38 Cr | ₹326.52 Cr | ₹262.27 Cr | ₹224.97 Cr | ₹227.27 Cr | ₹294.49 Cr | ₹228.53 Cr | ₹207.96 Cr | ₹195.49 Cr | ₹278.81 Cr | ₹200.31 Cr | ₹194.95 Cr |
| Total Tax Expense | ₹75.12 Cr | ₹85.02 Cr | ₹69.17 Cr | ₹53.4 Cr | ₹67.43 Cr | ₹69.8 Cr | ₹56.98 Cr | ₹57.85 Cr | ₹57.77 Cr | ₹68.69 Cr | ₹48.32 Cr | ₹44.37 Cr |
| Net Profit | ₹233.26 Cr | ₹241.5 Cr | ₹193.1 Cr | ₹171.57 Cr | ₹159.84 Cr | ₹224.69 Cr | ₹171.55 Cr | ₹150.11 Cr | ₹137.72 Cr | ₹210.12 Cr | ₹151.99 Cr | ₹150.58 Cr |
| attributable to Owners | - | ₹241.5 Cr | ₹193.1 Cr | ₹171.57 Cr | ₹159.84 Cr | ₹0 | ₹171.55 Cr | ₹150.11 Cr | ₹0 | ₹210.12 Cr | ₹151.99 Cr | ₹150.58 Cr |
| attributable to NCI | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹6.02 Cr | ₹24.35 Cr | -₹56.77 Cr | ₹220.02 Cr | -₹50.71 Cr | ₹77.14 Cr | ₹11.52 Cr | -₹10.99 Cr | ₹35.66 Cr | ₹14.59 Cr | ₹23.84 Cr | ₹28.57 Cr |
| Total Comprehensive Income | ₹227.24 Cr | ₹265.85 Cr | ₹136.33 Cr | ₹391.59 Cr | ₹109.13 Cr | ₹301.83 Cr | ₹183.07 Cr | ₹139.12 Cr | ₹173.38 Cr | ₹224.71 Cr | ₹175.83 Cr | ₹179.15 Cr |
| EBITDA (computed) | ₹354.58 Cr | ₹366.67 Cr | ₹300.21 Cr | ₹262.3 Cr | ₹262.59 Cr | ₹317.31 Cr | ₹245.19 Cr | ₹224.74 Cr | ₹213.21 Cr | ₹304.8 Cr | ₹227.63 Cr | ₹221.9 Cr |
| Basic EPS | ₹31.90 | ₹33.02 | ₹26.41 | ₹23.46 | ₹21.86 | ₹30.72 | ₹23.46 | ₹20.53 | ₹18.84 | ₹28.74 | ₹20.79 | ₹20.60 |
| Diluted EPS | ₹31.90 | ₹33.02 | ₹26.41 | ₹23.46 | ₹21.86 | ₹30.72 | ₹23.46 | ₹20.53 | ₹18.83 | ₹28.73 | ₹20.78 | ₹20.59 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Ratings services | ₹322.63 Cr | ₹162.92 Cr | ₹572.91 Cr | ₹331.54 Cr |
| Research, Analytics and Solutions | ₹735.63 Cr | ₹166.93 Cr | ₹2,040.08 Cr | ₹864.61 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Ratings services | ₹909.15 Cr | ₹398.01 Cr | - | - |
| Research, Analytics and Solutions | ₹2,350.63 Cr | ₹505.21 Cr | - | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,664.89 Cr | ₹1,628.36 Cr | ₹1,444.12 Cr | ₹1,052.91 Cr | ₹888.78 Cr |
| Other Income | ₹500.69 Cr | ₹495.43 Cr | ₹272.83 Cr | ₹336.17 Cr | ₹107.31 Cr |
| Total Income | ₹2,165.58 Cr | ₹2,123.79 Cr | ₹1,716.95 Cr | ₹1,389.08 Cr | ₹996.09 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹876.72 Cr | ₹802.4 Cr | ₹713.39 Cr | ₹490.85 Cr | ₹436.24 Cr |
| Finance Costs | ₹3.11 Cr | ₹3.28 Cr | ₹5.61 Cr | ₹5.67 Cr | ₹6.94 Cr |
| Depreciation & Amortisation | ₹43.27 Cr | ₹66.92 Cr | ₹67.85 Cr | ₹52.89 Cr | ₹65.68 Cr |
| Other Expenses | ₹537.06 Cr | ₹487.81 Cr | ₹488.24 Cr | ₹333.52 Cr | ₹268.9 Cr |
| Total Expenses | ₹1,460.16 Cr | ₹1,360.41 Cr | ₹1,275.09 Cr | ₹882.93 Cr | ₹777.76 Cr |
| Profit Before Exceptional Items & Tax | ₹705.42 Cr | ₹763.38 Cr | ₹441.86 Cr | ₹506.15 Cr | ₹218.33 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹45.82 Cr | ₹0 |
| Profit Before Tax | ₹705.42 Cr | ₹763.38 Cr | ₹441.86 Cr | ₹551.97 Cr | ₹218.33 Cr |
| Total Tax Expense | ₹89.54 Cr | ₹95.12 Cr | ₹71.35 Cr | ₹74.95 Cr | ₹51.61 Cr |
| Net Profit | ₹615.88 Cr | ₹668.26 Cr | ₹370.51 Cr | ₹477.02 Cr | ₹166.72 Cr |
| Other Comprehensive Income | ₹102.32 Cr | ₹100.14 Cr | -₹22.31 Cr | ₹30.29 Cr | -₹28.91 Cr |
| Total Comprehensive Income | ₹718.2 Cr | ₹768.4 Cr | ₹348.2 Cr | ₹507.31 Cr | ₹137.81 Cr |
| EBITDA (computed) | ₹751.8 Cr | ₹833.58 Cr | ₹515.32 Cr | ₹564.71 Cr | ₹290.95 Cr |
| Basic EPS | ₹84.22 | ₹91.42 | ₹50.75 | ₹65.57 | ₹23.00 |
| Diluted EPS | ₹84.22 | ₹91.41 | ₹50.72 | ₹65.50 | ₹22.98 |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Total Assets | ₹2,603.24 Cr | ₹2,043.84 Cr | ₹1,612.15 Cr |
| Non-current Assets | ₹1,310.25 Cr | ₹760.69 Cr | ₹672.52 Cr |
| Current Assets | ₹1,292.99 Cr | ₹1,283.15 Cr | ₹939.63 Cr |
| Property, Plant & Equipment | ₹149.32 Cr | ₹34.96 Cr | ₹35.13 Cr |
| Inventories | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹284.59 Cr | ₹375.82 Cr | ₹365.51 Cr |
| Cash & Equivalents | ₹92.3 Cr | ₹104.37 Cr | ₹72.27 Cr |
| Equity (Net Worth) | ₹1,786.31 Cr | ₹1,489.82 Cr | ₹1,070.38 Cr |
| Equity Share Capital | ₹7.31 Cr | ₹7.31 Cr | ₹7.31 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹42.2 Cr | ₹0 | ₹0 |
| Total Debt (computed) | ₹42.2 Cr | ₹0 | ₹0 |
| Current Liabilities | ₹560.52 Cr | ₹476.73 Cr | ₹475.99 Cr |
| Total Liabilities | ₹816.93 Cr | ₹554.02 Cr | ₹541.77 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Operating Cash Flow | ₹320.31 Cr | ₹281.16 Cr | ₹188.82 Cr | -₹118.01 Cr |
| Investing Cash Flow | ₹103.23 Cr | ₹147.73 Cr | ₹124.74 Cr | ₹396.06 Cr |
| Financing Cash Flow | -₹435.44 Cr | -₹396.97 Cr | -₹354.56 Cr | -₹273.08 Cr |
| Capital Expenditure | ₹139.29 Cr | ₹29.66 Cr | ₹30.09 Cr | ₹15.85 Cr |
| Free Cash Flow (computed) | ₹181.02 Cr | ₹251.5 Cr | ₹158.73 Cr | -₹133.86 Cr |
| Dividends Paid | ₹424.12 Cr | ₹358.16 Cr | ₹343.14 Cr | ₹276.49 Cr |
| Net Change in Cash | -₹12.07 Cr | ₹32.1 Cr | -₹40.57 Cr | ₹102.72 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹474.64 Cr | ₹511.76 Cr | ₹453.17 Cr | ₹430.74 Cr | ₹400.56 Cr | ₹440.61 Cr | ₹405.74 Cr | ₹422.1 Cr | ₹396.44 Cr | ₹437.85 Cr | ₹408.31 Cr | ₹407.07 Cr |
| Other Income | ₹154.26 Cr | ₹110.79 Cr | ₹121.51 Cr | ₹156.39 Cr | ₹114.46 Cr | ₹189.13 Cr | ₹175.59 Cr | ₹96.53 Cr | ₹39.44 Cr | ₹190.4 Cr | ₹77.61 Cr | ₹158.61 Cr |
| Total Income | ₹628.9 Cr | ₹622.55 Cr | ₹574.68 Cr | ₹587.13 Cr | ₹515.02 Cr | ₹629.74 Cr | ₹581.33 Cr | ₹518.63 Cr | ₹435.88 Cr | ₹628.25 Cr | ₹485.92 Cr | ₹565.68 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹295.58 Cr | ₹265.16 Cr | ₹259.14 Cr | ₹233.96 Cr | ₹205.85 Cr | ₹242.21 Cr | ₹214.46 Cr | ₹221.75 Cr | ₹198.3 Cr | ₹222.97 Cr | ₹197.14 Cr | ₹203.5 Cr |
| Finance Costs | ₹5.7 Cr | ₹4.43 Cr | ₹5.13 Cr | ₹4.99 Cr | ₹4.89 Cr | ₹1.84 Cr | ₹39 Lakh | ₹42 Lakh | ₹46 Lakh | ₹59 Lakh | ₹79 Lakh | ₹87 Lakh |
| Depreciation & Amortisation | ₹19.91 Cr | ₹18.84 Cr | ₹19.79 Cr | ₹19.61 Cr | ₹19.26 Cr | ₹14.51 Cr | ₹9.5 Cr | ₹9.62 Cr | ₹9.64 Cr | ₹17.14 Cr | ₹16.64 Cr | ₹16.5 Cr |
| Other Expenses | ₹179.44 Cr | ₹155.9 Cr | ₹129 Cr | ₹112.21 Cr | ₹133.65 Cr | ₹143.53 Cr | ₹132.05 Cr | ₹138.08 Cr | ₹123.4 Cr | ₹133.9 Cr | ₹106.87 Cr | ₹131.57 Cr |
| Total Expenses | ₹500.63 Cr | ₹444.33 Cr | ₹413.06 Cr | ₹370.77 Cr | ₹363.65 Cr | ₹402.09 Cr | ₹356.4 Cr | ₹369.87 Cr | ₹331.8 Cr | ₹374.6 Cr | ₹321.44 Cr | ₹352.44 Cr |
| Profit Before Exceptional Items & Tax | ₹128.27 Cr | ₹178.22 Cr | ₹161.62 Cr | ₹216.36 Cr | ₹151.37 Cr | ₹227.65 Cr | ₹224.93 Cr | ₹148.76 Cr | ₹104.08 Cr | ₹253.65 Cr | ₹164.48 Cr | ₹213.24 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹128.27 Cr | ₹178.22 Cr | ₹161.62 Cr | ₹216.36 Cr | ₹151.37 Cr | ₹227.65 Cr | ₹224.93 Cr | ₹148.76 Cr | ₹104.08 Cr | ₹253.65 Cr | ₹164.48 Cr | ₹213.24 Cr |
| Total Tax Expense | ₹14.85 Cr | ₹24.8 Cr | ₹24.23 Cr | ₹22.05 Cr | ₹21.25 Cr | ₹21.44 Cr | ₹23.91 Cr | ₹20.39 Cr | ₹23.8 Cr | ₹22.59 Cr | ₹29.89 Cr | ₹20.34 Cr |
| Net Profit | ₹113.42 Cr | ₹153.42 Cr | ₹137.39 Cr | ₹194.31 Cr | ₹130.12 Cr | ₹206.21 Cr | ₹201.02 Cr | ₹128.37 Cr | ₹80.28 Cr | ₹231.06 Cr | ₹134.59 Cr | ₹192.9 Cr |
| Other Comprehensive Income | -₹56.59 Cr | ₹10.58 Cr | -₹73.24 Cr | ₹190.66 Cr | -₹67.81 Cr | ₹94.48 Cr | -₹20.89 Cr | -₹14.47 Cr | ₹43.2 Cr | ₹16.67 Cr | ₹43.91 Cr | ₹23.32 Cr |
| Total Comprehensive Income | ₹56.83 Cr | ₹164 Cr | ₹64.15 Cr | ₹384.97 Cr | ₹62.31 Cr | ₹300.69 Cr | ₹180.13 Cr | ₹113.9 Cr | ₹123.48 Cr | ₹247.73 Cr | ₹178.5 Cr | ₹216.22 Cr |
| EBITDA (computed) | ₹153.88 Cr | ₹201.49 Cr | ₹186.54 Cr | ₹240.96 Cr | ₹175.52 Cr | ₹244 Cr | ₹234.82 Cr | ₹158.8 Cr | ₹114.18 Cr | ₹271.38 Cr | ₹181.91 Cr | ₹230.61 Cr |
| Basic EPS | ₹15.51 | ₹20.98 | ₹18.79 | ₹26.57 | ₹17.79 | ₹28.20 | ₹27.49 | ₹17.56 | ₹10.98 | ₹31.60 | ₹18.41 | ₹26.39 |
| Diluted EPS | ₹15.51 | ₹20.98 | ₹18.79 | ₹26.57 | ₹17.79 | ₹28.20 | ₹27.49 | ₹17.55 | ₹10.98 | ₹31.60 | ₹18.41 | ₹26.38 |
| Segment · Q1 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Dummy1 | ₹0 | ₹0 | ₹0 | ₹0 |
Shareholding Pattern of Pipal Research Analytics And Information Services India Private Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 66.64%, foreign institutional investors hold 7.18%, domestic institutional investors hold 12.61%, retail and other public shareholders hold 13.57% of Pipal Research Analytics And Information Services India Private Limited. The company had 81,755 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 66.64% | 66.64% | 66.64% | 66.64% | 66.64% | 66.64% |
| Public | 33.36% | 33.36% | 33.36% | 33.36% | 33.36% | 33.36% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.64% | 66.64% | 66.65% | 66.69% | 66.79% | 67.05% | 67.24% | 67.53% | 66.69% | 67.05% | 67.17% |
| Public | 33.36% | 33.36% | 33.35% | 33.31% | 33.21% | 32.95% | 32.76% | 32.47% | 33.31% | 32.95% | 32.83% |
| Promoter change (YoY, %pts) | +0.00 | -0.01 | -0.04 | -0.10 | -0.26 | -0.19 | -0.29 | +0.84 | -0.36 | -0.12 | - |
Board & Governance of Pipal Research Analytics And Information Services India Private Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Pipal Research Analytics And Information Services India Private Limited has 9 directors - 5 independent and 1 executive. The board is chaired by Yann Le Pallec.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Shyamala Gopinath | Non-Executive - Independent Director | 2020-07-10 | 3 |
| Girish Srikrishna Paranjpe | Non-Executive - Independent Director | 2017-10-17 | 4 |
| Amar Raj Bindra | Non-Executive - Independent Director | 2021-12-01 | 2 |
| Amish Mehta | Executive Director · CEO-MD | 2021-10-01 | 1 |
| Saugata Saha | Non-Executive - Non Independent Director | 2024-02-17 | 1 |
| Nishi Vasudeva | Non-Executive - Independent Director | 2024-01-27 | 5 |
| Yann Le Pallec | Non-Executive - Non Independent Director · Chairperson | 2022-10-03 | 1 |
| Girish Ganesan | Non-Executive - Non Independent Director | 2023-04-19 | 1 |
| Dinesh Kumar Khara | Non-Executive - Independent Director | 2025-09-24 | 3 |
| Committee | Members |
|---|---|
| Audit Committee | Shyamala Gopinath (Chairperson), Amar Raj Bindra, Girish Paranjpe, Nishi Vasudeva, Saugata Saha |
| Nomination and remuneration committee | Girish Paranjpe (Chairperson), Shyamala Gopinath, Girish Ganesan |
| Stakeholders Relationship Committee | Girish Paranjpe (Chairperson), Girish Ganesan, Amish Mehta |
| Risk Management Committee | Amar Raj Bindra (Chairperson), Shyamala Gopinath, Amish Mehta, Saugata Saha |
| Corporate Social Responsibility Committee | Nishi Vasudeva (Chairperson), Girish Paranjpe, Amish Mehta |
Charges & Borrowings Pipal Research Analytics And Information Services India Private Limited
Pipal Research Analytics And Information Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pipal Research Analytics And Information Services India Private Limited
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Employee Count & EPFO Data of Pipal Research Analytics And Information Services India Private Limited
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GST Compliance of Pipal Research Analytics And Information Services India Private Limited
GSTIN & GST Filing Data of Pipal Research Analytics And Information Services India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Pipal Research Analytics And Information Services India Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Pipal Research Analytics And Information Services India Private Limited
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MSME Payment Delays by Pipal Research Analytics And Information Services India Private Limited
MSME Payment Delays by Pipal Research Analytics And Information Services India Private Limited
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Subsidiaries & Group Companies of Pipal Research Analytics And Information Services India Private Limited
Subsidiaries & Group Companies of Pipal Research Analytics And Information Services India Private Limited
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MCA Filings & Documents of Pipal Research Analytics And Information Services India Private Limited
MCA Filings & Documents of Pipal Research Analytics And Information Services India Private Limited
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Recent Activity on Pipal Research Analytics And Information Services India Private Limited
Recent News on Pipal Research Analytics And Information Services India Private Limited
Frequently Asked Questions about Pipal Research Analytics And Information Services India Private Limited
Pipal Research Analytics And Information Services India Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pipal Research Analytics And Information Services India Private Limited is a amalgamated private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 16 July 2004 and is registered under CIN U73100MH2004PTC244103. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Pipal Research Analytics And Information Services India Private Limited was incorporated on 16 July 2004. Registered with ROC Mumbai.
The current directors of Pipal Research Analytics And Information Services India Private Limited are:
The CIN (Corporate Identification Number) of Pipal Research Analytics And Information Services India Private Limited is U73100MH2004PTC244103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Pipal Research Analytics And Information Services India Private Limited is financial services. The company specifically operates in diversified financial services.