About Equations Advisors Private Limited
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Equations Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC312708. Its GSTIN is 27AAFCE1396K1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mita Dixit and Saumya Ajay Dixit.
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 Flt – 1303 13th Floor Laxmi Chhaya Chs. Babhai Naka Borivali – W, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.97 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹15,970 (net margin 1.8%) and EBITDA of ₹26,500 (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
For more details, the company can be reached via its website equationsindia.com.
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- Registered AddressFlt – 1303 13th Floor Laxmi Chhaya Chs. Babhai Naka Borivali – W, Mumbai, Maharashtra, India – 400092
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Financials of Equations Advisors Private Limited FY 2025 filings available
Equations Advisors Private Limited reported revenue of ₹8.97 Lakh (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Equations Advisors Private Limited
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 85% 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 Equations Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹26,500 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15,970 | •••• | •••• | •••• | •••• |
| 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 Equations Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Equations Advisors are in the company report.
Financial statements from FY 2019
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 Equations Advisors Private Limited
Equations Advisors Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting 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 |
|---|---|---|---|---|---|---|
| Research Tower Private Limited | ₹9 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Policy Monks Consulting Services Private Limited | ₹9 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| GMP Pharma Institute Private Limited | ₹8.98 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Dehradun, Uttarakhand, India |
| White Bricks Builders Private Limited | ₹8.98 Lakh (FY 2023) | •••• | •••• | 19.0% | •••• | Bhiwadi, Rajasthan, India |
| Aiesky Advisory and Consultancy Services Private Limited | ₹8.97 Lakh (FY 2024) | •••• | •••• | 2144.0% | •••• | New Delhi, Delhi, India |
| Equations Advisors Private Limited this company | ₹8.97 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Pransh Pesticides Advisory Private Limited | ₹8.97 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Faridabad, Haryana, India |
| B and B Financial Services Private Limited | ₹8.96 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Meghdoot Corporate India Private Limited | ₹8.96 Lakh (FY 2024) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Bhuraria Consultants Limited | ₹8.95 Lakh (FY 2024) | •••• | •••• | 208.0% | •••• | New Delhi, Delhi, India |
| Ruka Educational Consultants Private Limited | ₹8.95 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Equations Advisors by revenue in the Outsourcing industry (Consulting 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 Equations Advisors Private Limited
Equations Advisors Private Limited is audited by H P JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H P JAIN & ASSOCIATES | 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 Equations Advisors Private Limited
Equations Advisors has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mita Dixit Also directs: Shetron Limited, Anuh Pharma Limited, Hindustan Construction Company Limited and 2 more | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Saumya Ajay Dixit | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Equations Advisors 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 Equations Advisors Private Limited
Equations Advisors Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Equations Advisors Private Limited
Employment history and EPFO contributions of people linked to Equations Advisors.
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 Equations Advisors Private Limited
Equations Advisors Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mita Dixit was appointed as Director on 10 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Equations Advisors 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 Equations Advisors 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 Equations Advisors 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 Equations Advisors Private Limited
Equations Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE1396K1ZB | Maharashtra | Active | 18 Sep 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 Equations Advisors 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 Equations Advisors Private Limited
Equations Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 August 2018 (8+ years old) and is registered under CIN U74999MH2018PTC312708.
Equations Advisors reported revenue of ₹8.97 Lakh for FY 2025 (down 41% YoY).
Equations Advisors has 2 current directors:
- Mita Dixit - Director
- Saumya Ajay Dixit - Director
Equations Advisors reported a net profit of ₹15,970 (net margin 1.8%) and EBITDA of ₹26,500 (EBITDA margin 3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Equations Advisors is 15% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Equations Advisors is 27AAFCE1396K1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Equations Advisors is U74999MH2018PTC312708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equations Advisors was incorporated on 10 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Equations Advisors by revenue are Research Tower Private Limited, Policy Monks Consulting Services Private Limited, GMP Pharma Institute Private Limited, White Bricks Builders Private Limited, Aiesky Advisory and Consultancy Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Mita Dixit was appointed as Director on 10 Aug 2018. Saumya Ajay Dixit was appointed as Director on 10 Aug 2018.
Equations Advisors can be reached through the website equationsindia.com. Its registered office is in Mumbai, Maharashtra, India.