About Finult Advisors Private Limited
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Finult Advisors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 27 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC108243. Its GSTIN is 29AADCF2530N1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Ravi Chikkerur and Panjikallu Pradeepa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3290 1st Floor 19th Cross K R Road Bsk 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.31 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹5.9 Lakh (net margin 4.5%) and EBITDA of ₹11.41 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finult.com.
Company details
Contact details
Finult Advisors Private Limited's registered office is in Bangalore, Karnataka. Its website is finult.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3290 1st Floor 19th Cross K R Road Bsk 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Finult Advisors 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 Finult Advisors is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Finult Advisors Private Limited, buy the company report.
Financials of Finult Advisors Private Limited
FY 2024 filings availableFinult Advisors Private Limited reported revenue of ₹1.31 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 46% growth in the latest year. EBITDA fell 20% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.41 Lakh | ||||
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| Net Profit (PAT) | ₹5.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Finult Advisors Private Limited, buy the company report.
Board of directors of Finult Advisors Private Limited
Finult Advisors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Chikkerur | Director | 27 Nov 2017 | 8 Years 11 Months | Current |
| Panjikallu Pradeepa Also directs: Seara Technologies LLP, Tada Mobility (India) Private Limited, Virallens Advertising Private Limited and 1 more | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
Peer comparison
Finult Advisors Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Financial Crest Private Limited | ₹1.33 Cr (FY 2025) | 80.0% | Coimbatore, Tamil Nadu, India | |||
| Accovet Limited | ₹1.32 Cr (FY 2024) | 27.0% | Vikas Bhavan, Kerala, India | |||
| Milta Accounting Services Private Limited | ₹1.32 Cr (FY 2024) | 55.0% | Coimbatore, Tamil Nadu, India | |||
| Finult Advisors Private Limitedthis company | ₹1.31 Cr (FY 2025) | ₹5.9 Lakh | 4.5% | 46.0% | Bangalore, Karnataka, India | |
| Credofinn Management Services Private Limited | ₹1.31 Cr (FY 2025) | -17.0% | Hyderabad, Telangana, India | |||
| Apex Fund Administration Training and Recruitment Services Private Limited | ₹1.3 Cr (FY 2017) | 17.0% | Pune, Maharashtra, India |
To see the full peer comparison of Finult Advisors Private Limited, buy the company report.
Auditor
Finult Advisors Private Limited is audited by R S C A & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S C A & Co | FY 2023 | 016022S |
Shareholding
The shareholding of Finult Advisors 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Finult Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finult Advisors 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 Finult Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finult Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF2530N1ZG | Karnataka | Active | 25 Jan 2019 |
To see the full GST registrations and return filing status of Finult Advisors Private Limited, buy the company report.
Recent activity
Finult Advisors Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Ramakrishna Lakshmana Sharma Herethottalakere ceased to be Director on 31 Mar 2024.
Frequently asked questions
Finult Advisors is an active private limited company based in Bangalore, Karnataka, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 27 November 2017 (9+ years old) and is registered under CIN U74999KA2017PTC108243.
Finult Advisors has 2 current directors:
- Ravi Chikkerur - Director
- Panjikallu Pradeepa - Director
The latest financial statements of Finult Advisors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Finult Advisors is 29AADCF2530N1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Finult Advisors is U74999KA2017PTC108243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finult Advisors was incorporated on 27 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Finult Advisors by revenue are Financial Crest Private Limited, Accovet Limited, Milta Accounting Services Private Limited, Credofinn Management Services Private Limited, Apex Fund Administration Training and Recruitment Services Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Ramakrishna Lakshmana Sharma Herethottalakere ceased to be Director on 31 Mar 2024. Panjikallu Pradeepa ceased to be Managing Director on 31 Dec 2020. Panjikallu Pradeepa was appointed as Director on 30 Sep 2019. Finult Advisors has 4 board changes on record in total.
Finult Advisors can be reached through the website finult.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Finult Advisors is at 3290 1st Floor 19th Cross K R Road Bsk 2nd Stage, Bangalore, Karnataka, India – 560070.
Finult Advisors operates in the business outsourcing industry, in the accounting and financial analysis segment.