First Advisor Insurance Brokers Private Limited

First Advisor Insurance Brokers Private Limited - financial services in Dhanbad, Jharkhand, India. FY 2026 financials & compliance.
CIN U66010JH2016PTC003572 Incorporated 25 February 2016 ROC Ranchi HQ Dhanbad, Jharkhand, India
Active Private Limited Company financial services MSME
Revenue · FY 2025
₹63.36 Cr
▲ 14% YoY
Net profit · FY 2025
₹10.28 Cr
Net margin 16.2%
EBITDA · FY 2025
₹14.4 Cr
EBITDA margin 22.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.88 Cr
Issued & subscribed
Open charges
₹1.71 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
27
Provident fund records

About First Advisor Insurance Brokers Private Limited

Data last updated:

First Advisor Insurance Brokers Private Limited is a private limited company based in Dhanbad, Jharkhand, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 25 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U66010JH2016PTC003572. Its GSTIN is 20AACCF7655B1Z4 (Jharkhand). 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 ₹1.88 Cr. It is led by directors Shruti Tulsyan and Vikash Kumar Tulsyan.

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 Room No. 312 Shree Ram Plaza Bank More P.O. Dhanbad, Jharkhand, India – 826001.

As per the financials filed for FY 2025, the company reported a revenue of ₹63.36 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.28 Cr (net margin 16.2%) and EBITDA of ₹14.4 Cr (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 82% over five years.

The company has about 27 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: First Advisor. As per MCA filings, the company has open charges of ₹1.71 Cr on record. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹57 Lakh; the latest was in January 2021. Its 5 peer companies in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 3 larger and 2 smaller; the largest is Relleno Insurance Broking Services Private Limited. with revenue of ₹76.64 Cr.

First Advisor Insurance Brokers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-JH-04-0000237). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstadvisorsinsurance.com.

Company details

CIN U66010JH2016PTC003572
Registration Number 003572
Incorporation Date 25 February 2016
ROC Ranchi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-JH-04-0000237
Key People
Shruti Tulsyan Director Vikash Kumar Tulsyan Director

Recognitions & Rankings of First Advisor Insurance Brokers

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-JH-04-0000237

Contact details

First Advisor Insurance Brokers Private Limited's registered office is in Dhanbad, Jharkhand. Its website is firstadvisorsinsurance.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    firstadvisorsinsurance.com
  • Social Media
  • Registered Address
    Room No. 312 Shree Ram Plaza Bank More P.O. Dhanbad, Jharkhand, India – 826001
  • Industry
    Financial Services, Insurance Brokerage & Advisory

To see the full contact details of First Advisor Insurance Brokers Private Limited, buy the company report.

Comprehensive company report
First Advisor Insurance Brokers 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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Brands

First Advisor Insurance Brokers operates one associated brand: First Advisor. Each brand links to its own profile.

BrandDescriptionWebsite
First Advisor
Insurance brokering services for life and general insurance in India.firstadvisorsinsurance.com

Business activity

The main business activity of First Advisor Insurance Brokers is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of First Advisor Insurance Brokers Private Limited, buy the company report.

Financials of First Advisor Insurance Brokers Private Limited

FY 2025 filings available

First Advisor Insurance Brokers Private Limited reported revenue of ₹63.36 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹63.36 Cr ▲ 14%
Net profit · FY 2025
₹10.28 Cr margin 16.2%
EBITDA · FY 2025
₹14.4 Cr margin 22.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 73%
5 years · compounded
▲ 82%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 58%
5 years · compounded
▲ 148%

Revenue has grown at a compounded annual rate (CAGR) of 82% over five years, including 14% growth in the latest year. EBITDA fell 12% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹14.4 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.28 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.7%
Net Profit Margin16.2%
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 First Advisor Insurance Brokers Private Limited, buy the company report.

Board of directors of First Advisor Insurance Brokers Private Limited

First Advisor Insurance Brokers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shruti Tulsyan
Also directs: Tulsyan Brothers Vision Private Limited, Tulsyan Marketing and Research Private Limited
Director25 Feb 201610 Years 8 MonthsCurrent
Vikash Kumar TulsyanDirector25 Feb 201610 Years 8 MonthsCurrent
View all directors

Peer comparison

First Advisor Insurance Brokers Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Relleno Insurance Broking Services Private Limited.₹76.64 Cr (FY 2024)178.0%Secunderabad, Telangana, India
Zoom Insurance Brokers Private Limited₹73.57 Cr (FY 2025)-15.0%Gurugram, Haryana, India
Vitrak Insurance Brokers Private Limited₹70.43 Cr (FY 2025)138.0%New Delhi, Delhi, India
First Advisor Insurance Brokers Private Limitedthis company₹63.36 Cr (FY 2025)₹10.28 Cr16.2%14.0%27Dhanbad, Jharkhand, India
Ab Insurance Brokers Private Limited₹63.04 Cr (FY 2025)14.0%Kolkata, West Bengal, India
Efficient Insurance Brokers Private Limited₹60 Cr (FY 2024)491.0%Mumbai, Maharashtra, India

To see the full peer comparison of First Advisor Insurance Brokers Private Limited, buy the company report.

Auditor

First Advisor Insurance Brokers Private Limited is audited by SANDIP AGARWAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANDIP AGARWAL & ASSOCIATESFY 2023417948

Shareholding

The shareholding of First Advisor Insurance Brokers 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 First Advisor Insurance Brokers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.71 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹1.51 Cr
Others₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Nov 2025101193833Hdfc Bank Limited₹1.51 CrOpen
26 Apr 2022100567794Others₹20 LakhOpen

Total charge records: 2 View all charges

Deals & funding

First Advisor Insurance Brokers Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹57 Lakh; the latest was in January 2021.

Total deals
3
Funding round
1
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹57 Lakh

Deals on record (3 of 3)

WhenDealAmountParties
Jan 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2019Rights issue₹18.3 LakhInvestors: Vikash Kumar Tulsyan Huf, 3 individuals
May 2016Funding round₹57 LakhInvestors: Vikash Kumar Tulsyan Huf, 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for First Advisor Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

First Advisor Insurance Brokers Private Limited has a workforce of 27 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
58.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2727
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21

To see the full employee and EPFO history of First Advisor Insurance Brokers Private Limited, buy the company report.

GST

First Advisor Insurance Brokers has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
20AACCF7655B1Z4JharkhandActive01 Jul 2017
27AACCF7655B1ZQMaharashtraActive06 Apr 2022
09AACCF7655B1ZOUttar PradeshActive02 Jan 2023

To see the full GST registrations and return filing status of First Advisor Insurance Brokers Private Limited, buy the company report.

Recent activity

First Advisor Insurance Brokers Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Chetan Kumar Tulsyan ceased to be Director on 13 Nov 2025.

Ceased
Chetan Kumar Tulsyan ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.51 Cr with Charge ID 101193833 was registered on 12 Nov 2025.
AGM
First Advisor Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
First Advisor Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Appointed
Chetan Kumar Tulsyan was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100567794 was registered on 26 Apr 2022.
Appointed
Shruti Tulsyan was appointed as Director.
Appointed
Vikash Kumar Tulsyan was appointed as Director.
Incorporation
25 Feb 2016
First Advisor Insurance Brokers Private Limited was registered on 25 Feb 2016 with Roc Ranchi & aged 10 years 8 months as per MCA records.

Frequently asked questions

First Advisor Insurance Brokers is an active private limited company based in Dhanbad, Jharkhand, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 25 February 2016 (10+ years old) and is registered under CIN U66010JH2016PTC003572.

First Advisor Insurance Brokers has 2 current directors:

The latest financial statements of First Advisor Insurance Brokers 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 2016 are in the company report.

The GSTIN of First Advisor Insurance Brokers is 20AACCF7655B1Z4, registered in Jharkhand. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCF7655B1ZQ (Maharashtra), 09AACCF7655B1ZO (Uttar Pradesh).

The CIN (Corporate Identification Number) of First Advisor Insurance Brokers is U66010JH2016PTC003572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

First Advisor Insurance Brokers was incorporated on 25 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ranchi.

First Advisor Insurance Brokers has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹57 Lakh; the latest was in January 2021.

The peers of First Advisor Insurance Brokers by revenue are Relleno Insurance Broking Services Private Limited, Zoom Insurance Brokers Private Limited, Vitrak Insurance Brokers Private Limited, Ab Insurance Brokers Private Limited, Efficient Insurance Brokers Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).

Chetan Kumar Tulsyan ceased to be Director on 13 Nov 2025. Chetan Kumar Tulsyan was appointed as Director on 02 Mar 2025. Shruti Tulsyan was appointed as Director on 25 Feb 2016. First Advisor Insurance Brokers has 4 board changes on record in total.

Yes, First Advisor Insurance Brokers is registered as an MSME under Udyam registration (number: UDYAM-JH-04-0000237).

First Advisor Insurance Brokers can be reached through the website firstadvisorsinsurance.com. Its registered office is in Dhanbad, Jharkhand, India.