MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-10-0036174
Formal Advisors Private Limited
Formal Advisors Private Limited - professional services in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹75.72 Lakh
▲ 136% YoY
Net profit · FY 2025
₹6.52 Lakh
Net margin 8.6%
EBITDA · FY 2025
₹12.31 Lakh
EBITDA margin 16.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Formal Advisors Private Limited
Data last updated:
Formal Advisors Private Limited is a private limited company based in Delhi, India. It operates in the taxation and compliance segment of the professional services sector. It was incorporated on 07 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2009PTC191969. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhav Sarda and Sanwar Mal Sarda.
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 Wz – 339 2nd Floor Gali No. – 19 Sant Garh Outer Ring Road, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.72 Lakh, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹6.52 Lakh (net margin 8.6%) and EBITDA of ₹12.31 Lakh (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Formal Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0036174). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74140DL2009PTC191969
Registration Number 191969
Incorporation Date 07 July 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-10-0036174
Key People
Madhav Sarda Director Sanwar Mal Sarda Director Recognitions & Rankings of Formal Advisors
Contact details
Formal Advisors Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWz – 339 2nd Floor Gali No. – 19 Sant Garh Outer Ring Road, Delhi, India – 110018
- IndustryProfessional Services, Taxation, Book Keeping, Accounting
To see the full contact details of Formal Advisors Private Limited, buy the company report.
Comprehensive company report
Formal Advisors 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Formal 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 Formal Advisors Private Limited, buy the company report.
Financials of Formal Advisors Private Limited
FY 2025 filings availableFormal Advisors Private Limited reported revenue of ₹75.72 Lakh (up 136% YoY) for FY 2025.
Revenue · FY 2025
₹75.72 Lakh ▲ 136%
Net profit · FY 2025
₹6.52 Lakh margin 8.6%
EBITDA · FY 2025
₹12.31 Lakh margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 136%
3 years · compounded
▲ 58%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▲ 260%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 136% growth in the latest year. EBITDA rose 104% 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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| Total Expenses | |||||
| EBITDA | ₹12.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Formal Advisors Private Limited, buy the company report.
Board of directors of Formal Advisors Private Limited
Formal Advisors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Sarda | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Sanwar Mal Sarda | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Formal Advisors Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| SPMG Consultants Private Limited | ₹76.34 Lakh (FY 2024) | 45.0% | New Delhi, Delhi, India | |||
| Mcco Advisory Services Private Limited | ₹76.23 Lakh (FY 2025) | 5.0% | Delhi, India | |||
| Spring Fragrance Private Limited | ₹76.04 Lakh (FY 2025) | -68.0% | Gurgaon, Haryana, India | |||
| Shalang Advisory Services (OPC) Private Limited | ₹75.96 Lakh (FY 2025) | 27.0% | Secunderabad, Telangana, India | |||
| Finalyzis Business Solutions Private Limited | ₹75.72 Lakh (FY 2025) | 94.0% | Chennai, Tamil Nadu, India | |||
| Formal Advisors Private Limitedthis company | ₹75.72 Lakh (FY 2025) | ₹6.52 Lakh | 8.6% | 136.0% | Delhi, India | |
| Sherlock Holmes Tax Solutions Private Limited | ₹75.7 Lakh (FY 2024) | 240.0% | Coimbatore, Tamil Nadu, India | |||
| Thakur & Singh Housekeeping Solutions Private Limited | ₹75.65 Lakh (FY 2017) | -53.0% | Delhi, India | |||
| Zenith Global Services Private Limited | ₹75.55 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Remunance Systems Private Limited | ₹75.47 Lakh (FY 2024) | -47.0% | Pune, Maharashtra, India | |||
| Buzzbt Business Consultancy Private Limited | ₹75.4 Lakh (FY 2024) | 23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Formal Advisors Private Limited, buy the company report.
Auditor
Formal Advisors Private Limited is audited by MANOJ SHARDA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SHARDA & ASSOCIATES | FY 2017 | 022694N |
Shareholding
The shareholding of Formal Advisors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Formal Advisors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2022 | 100649448 | Hdfc Bank Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Formal 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 Formal Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Formal Advisors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Formal Advisors Private Limited, buy the company report.
Recent activity
Formal Advisors Private Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Manoj Sarda ceased to be Director on 17 Mar 2021.
AGM
Formal Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Formal Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100649448 was registered on 20 Nov 2022.
Ceased
Manoj Sarda ceased to be Director.
Ceased
Rekha Sarda ceased to be Director.
Appointed
Madhav Sarda was appointed as Director.
Appointed
Sanwar Mal Sarda was appointed as Director.
Ceased
Dinesh Kumar Sharma ceased to be Director.
Appointed
Rekha Sarda was appointed as Director.
Appointed
Dinesh Kumar Sharma was appointed as Director.
Appointed
Manoj Sarda was appointed as Director.
Incorporation
07 Jul 2009
Formal Advisors Private Limited was registered on 07 Jul 2009 with Roc Delhi Ii & aged 17 years 3 months as per MCA records.
Frequently asked questions
Formal Advisors is an active private limited company based in Delhi, India. The company works in taxation, within the professional services industry. It was incorporated on 07 July 2009 (17+ years old) and is registered under CIN U74140DL2009PTC191969.
Formal Advisors has 2 current directors:
- Madhav Sarda - Director
- Sanwar Mal Sarda - Director
The latest financial statements of Formal Advisors 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 2015 are in the company report.
No. Formal Advisors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Formal Advisors is U74140DL2009PTC191969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formal Advisors was incorporated on 07 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Formal Advisors by revenue are SPMG Consultants Private Limited, Mcco Advisory Services Private Limited, Spring Fragrance Private Limited, Shalang Advisory Services (OPC) Private Limited, Finalyzis Business Solutions Private Limited and 5 more, all in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Manoj Sarda ceased to be Director on 17 Mar 2021. Rekha Sarda ceased to be Director on 17 Mar 2021. Madhav Sarda was appointed as Director on 15 Mar 2021. Formal Advisors has 8 board changes on record in total.
Yes, Formal Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0036174).
The registered office of Formal Advisors is at Wz – 339 2nd Floor Gali No. – 19 Sant Garh Outer Ring Road, Delhi, India – 110018.
Formal Advisors operates in the professional services industry, in the taxation segment.