Davies Advisors India Private Limited

Davies Advisors India Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2017FTC301450 Incorporated 03 November 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹22.52 Cr
▲ 33% YoY
Net profit · FY 2024
₹5.6 Cr
Net margin 24.9%
EBITDA · FY 2024
₹6.88 Cr
EBITDA margin 30.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.75 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
115
Provident fund records
Directors on board
2
As per MCA filings

About Davies Advisors India Private Limited

Data last updated:

Davies Advisors India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sionic European Holdings Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 03 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017FTC301450. Its GSTIN is 27AAZCS4290E1ZR (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.75 Cr. It is led by directors Arvind Parashar and Paul Andrew Johnson.

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 Dynasty Business Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹22.52 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.6 Cr (net margin 24.9%) and EBITDA of ₹6.88 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 58% over five years.

The company has about 115 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sionic.com.

Company details

CIN U74999MH2017FTC301450
Registration Number 301450
Incorporation Date 03 November 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sionic European Holdings Limited
Compliance Status Active Compliant

Contact details

Davies Advisors India Private Limited's registered office is in Mumbai, Maharashtra. Its website is sionic.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    701 To 713 7th Floor, Dynasty Business Park Andheri East, Mumbai, Maharashtra, India – 400069
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Davies Advisors India Private Limited, buy the company report.

Comprehensive company report
Davies Advisors India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Davies Advisors India is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Davies Advisors India Private Limited, buy the company report.

Financials of Davies Advisors India Private Limited

FY 2025 filings available

Davies Advisors India Private Limited reported revenue of ₹22.52 Cr (up 33% YoY) for FY 2024.

Revenue · FY 2024
₹22.52 Cr ▲ 33%
Net profit · FY 2024
₹5.6 Cr margin 24.9%
EBITDA · FY 2024
₹6.88 Cr margin 30.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 81%
5 years · compounded
▲ 58%
EBITDA CAGR growth
3 years · compounded
▲ 95%
5 years · compounded
▲ 139%

Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 33% growth 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹6.88 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.6 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin30.6%
Net Profit Margin24.9%
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

To see the full financial statements and ratios of Davies Advisors India Private Limited, buy the company report.

Board of directors of Davies Advisors India Private Limited

Davies Advisors India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind ParasharDirector29 Sep 20251 Years 1 MonthsCurrent
Paul Andrew JohnsonDirector29 Sep 20251 Years 1 MonthsCurrent

Auditor

Davies Advisors India Private Limited is audited by MSKA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSKA & ASSOCIATESFY 2023049902

Shareholding

The shareholding of Davies Advisors India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Davies Advisors India Private Limited, buy the company report.

MSME payment delays

Davies Advisors India Private Limited has 5 MSME Form 1 returns on record between 2020 and 2024, listing 43 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
Sand Martin Consultants Private Limited

To see the full MSME payment records of Davies Advisors India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Davies Advisors India Private Limited has a workforce of 115 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
115
Active EPFO establishments
1
Employee growth
36.9%

GST

Davies Advisors India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAZCS4290E1ZRMaharashtraActive11 Apr 2018
33AAZCS4290E1ZYTamil NaduActive21 Jul 2020
29AAZCS4290E1ZNKarnatakaActive13 Jan 2021

To see the full GST registrations and return filing status of Davies Advisors India Private Limited, buy the company report.

Recent activity

Davies Advisors India Private Limited has 11 board changes on record since 2018: 4 appointments and 7 cessations. The latest: Arvind Parashar was appointed as Director on 29 Sep 2025.

AGM
Davies Advisors India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Arvind Parashar was appointed as Director.
Appointed
Paul Andrew Johnson was appointed as Director.
Filing
Davies Advisors India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mihen Jyotindra Halani ceased to be Additional Director.
Ceased
Kamal Sharma ceased to be Director.
Appointed
Mihen Jyotindra Halani was appointed as Director.
Ceased
Craig Lance Sher ceased to be Director.
Ceased
Mark Neil Grocott ceased to be Additional Director.
Appointed
Mark Neil Grocott was appointed as Director.
Ceased
Richard Nathan Cowen ceased to be Director.
Ceased
Harjinder Singh Sidhu ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Davies Advisors India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 03 November 2017 (9+ years old) and is registered under CIN U74999MH2017FTC301450.

Davies Advisors India has 2 current directors:

The latest financial statements of Davies Advisors India 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 FY 2018 are in the company report.

The GSTIN of Davies Advisors India is 27AAZCS4290E1ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAZCS4290E1ZY (Tamil Nadu), 29AAZCS4290E1ZN (Karnataka).

The CIN (Corporate Identification Number) of Davies Advisors India is U74999MH2017FTC301450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Davies Advisors India was incorporated on 03 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Arvind Parashar was appointed as Director on 29 Sep 2025. Paul Andrew Johnson was appointed as Director on 29 Sep 2025. Mihen Jyotindra Halani ceased to be Additional Director on 09 Nov 2023. Davies Advisors India has 11 board changes on record in total.

Davies Advisors India has 5 MSME Form 1 returns on record between 2020 and 2024, listing 43 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Davies Advisors India can be reached through the website sionic.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Davies Advisors India is at 701 To 713 7th Floor, Dynasty Business Park Andheri East, Mumbai, Maharashtra, India – 400069.

Davies Advisors India operates in the business outsourcing industry, in the HR outsourcing and talent management segment.