About Crowe Horwath IT Services Private Limited
Data last updated:
Crowe Horwath IT Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Crowe Horwath Llp. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 November 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2012PTC237908.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 09 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 1105 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2016, the company reported a revenue of ₹13.46 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹52.44 Lakh (net margin 3.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 9.4%).
The company has about 80 employees on its provident fund (EPFO) records.
The last known website on record is crowe.com.
Company details
Contact details
Crowe Horwath IT Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is crowe.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1105 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Crowe Horwath IT 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 activity of Crowe Horwath IT Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| 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 |
To see the full business activity and turnover split of Crowe Horwath IT Services Private Limited, buy the company report.
Financials of Crowe Horwath IT Services Private Limited
FY 2016 filings availableCrowe Horwath IT Services Private Limited reported revenue of ₹13.46 Cr (up 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 93% in the latest year. EBITDA rose 195% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹13.46 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.27 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹52.44 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.4% | |
| Net Profit Margin | 3.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Crowe Horwath IT Services Private Limited, buy the company report.
Board of directors of Crowe Horwath IT Services Private Limited
Crowe Horwath IT Services has 6 former directors on record and no current directors listed.
Peer comparison
Crowe Horwath IT Services Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Carizo Industries Private Limited | ₹13.49 Cr (FY 2025) | -5.0% | Thiruvallur, Tamil Nadu, India | |||
| Canapprove Consultancy Services Private Limited | ₹13.48 Cr (FY 2025) | 2.0% | Thrissur, Kerala, India | |||
| Quantum Design India Private Limited | ₹13.46 Cr (FY 2025) | 19.0% | Navi Mumbai, Maharashtra, India | |||
| Crowe Horwath IT Services Private Limitedthis company | ₹13.46 Cr (FY 2016) | ₹52.44 Lakh | 3.9% | 93.0% | Mumbai, Maharashtra, India | |
| MDC Energy (India) Private Limited | ₹13.46 Cr (FY 2019) | Pune, Maharashtra, India | ||||
| Siliconch Systems Private Limited | ₹13.45 Cr (FY 2025) | -47.0% | Mumbai, Maharashtra, India | |||
| NRM Interior Construction Private Limited | ₹13.45 Cr (FY 2025) | -17.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Crowe Horwath IT Services Private Limited, buy the company report.
Auditor
Crowe Horwath IT Services Private Limited is audited by V P THACKER & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V P THACKER & CO | FY 2016 | 118696W |
Shareholding
The shareholding of Crowe Horwath IT Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Crowe Horwath IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Crowe Horwath IT 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 Crowe Horwath IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Crowe Horwath IT Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Crowe Horwath IT Services Private Limited has 6 board changes on record since 2013: 0 appointments and 6 cessations. The latest: Biju Ramakrishna Pillai ceased to be Director on 21 Dec 2016.
Frequently asked questions
Crowe Horwath IT Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Crowe Horwath IT Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 14 November 2012 and is registered under CIN U72900MH2012PTC237908. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Crowe Horwath IT Services is U72900MH2012PTC237908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crowe Horwath IT Services was incorporated on 14 November 2012. It is registered with the Registrar of Companies, Mumbai.
Crowe Horwath IT Services can be reached through the website crowe.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Crowe Horwath IT Services is at 1105 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Crowe Horwath IT Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 09 August 2016. Year-wise statements from 2015 are in the company report.
Crowe Horwath IT Services operated in the information technology industry, in the IT consulting and support services segment.
The peers of Crowe Horwath IT Services by revenue are Carizo Industries Private Limited, Canapprove Consultancy Services Private Limited, Quantum Design India Private Limited, MDC Energy (India) Private Limited, Siliconch Systems Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Biju Ramakrishna Pillai ceased to be Director on 21 Dec 2016. Fred J Bauters ceased to be Director on 21 Dec 2016. Joseph Phillip Santucci Jr ceased to be Director on 21 Dec 2016. Crowe Horwath IT Services has 6 board changes on record in total.
Crowe Horwath IT Services is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.