Halycon Advisory Private Limited
About Halycon Advisory Private Limited
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Halycon Advisory 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 25 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC299047. Its GSTIN is 27AAECH2928M1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avinash Harnish Kothari and Amrish Harnish Kothari.
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 8 Ground Floor Shankar Mahal Sophia College Lane Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Lakh, a growth of 110% compared to the previous year. For the same year it recorded a net loss of ₹28,357 (net margin -25.5%) and EBITDA of -₹15,437 (EBITDA margin -13.9%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 58% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Halycon Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 Ground Floor Shankar Mahal Sophia College Lane Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Halycon Advisory 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
Financials of Halycon Advisory Private Limited
FY 2025 filings availableHalycon Advisory Private Limited reported revenue of ₹1.11 Lakh (up 110% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 110% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA fell 201% 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
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| EBITDA | -₹15,437 | ||||
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| Net Profit (PAT) | -₹28,357 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -13.9% | ||||
| Net Profit Margin | -25.5% | ||||
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To see the full financial statements and ratios of Halycon Advisory Private Limited, buy the company report.
Board of directors of Halycon Advisory Private Limited
Halycon Advisory has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Harnish Kothari Also directs: Lodestar Ventures LLP, Northstar Ventures LLP, Piano Man Trading and Realty LLP and 3 more | Director | 25 Aug 2017 | 9 Years 2 Months | Current |
| Amrish Harnish Kothari Also directs: Lodestar Ventures LLP, Piano Man Trading and Realty LLP, Dolphin Stonecrest Estate Private Limited and 2 more | Director | 25 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Halycon Advisory Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dalal Computer Systems Private Limited | ₹1.12 Lakh (FY 2025) | 832.0% | Mumbai, Maharashtra, India | |||
| Novatech Finvest (India) Private Limited | ₹1.12 Lakh (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Savik Consulting Services Private Limited | ₹1.12 Lakh (FY 2024) | 1214.0% | Coimbatore, Tamil Nadu, India | |||
| Supreme Microtec Data Solutions Private Limited | ₹1.12 Lakh (FY 2020) | Meera Road, Mumbai, Maharashtra, India | ||||
| Kwan (South) Celebrity Services Private Limited | ₹1.12 Lakh (FY 2024) | -99.0% | Mumbai, Maharashtra, India | |||
| Halycon Advisory Private Limitedthis company | ₹1.11 Lakh (FY 2024) | -₹28,357 | -25.5% | 110.0% | Mumbai, Maharashtra, India | |
| Icrx Life Sciences Private Limited | ₹1.11 Lakh (FY 2025) | Anand, Gujarat, India | ||||
| Gajanan Stock Broking & Services Pvt Ltd | ₹1.11 Lakh (FY 2025) | 40.0% | Kolkata, West Bengal, India | |||
| Factini Advisors LLP | ₹1.11 Lakh (FY 2017) | Bangalore, Karnataka, India | ||||
| Idiom Design and Consulting Limited | ₹1.11 Lakh (FY 2022) | -100.0% | Mumbai, Maharashtra, India | |||
| Madhupuri Advisors Private Limited | ₹1.11 Lakh (FY 2025) | 48.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Halycon Advisory Private Limited, buy the company report.
Auditor
Halycon Advisory Private Limited is audited by PATHAK H D & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATHAK H D & ASSOCIATES | FY 2019 | 107783W |
Shareholding
The shareholding of Halycon Advisory Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Halycon Advisory Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Halycon Advisory 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 Halycon Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Halycon Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH2928M1Z9 | Maharashtra | Active | 10 Jan 2018 |
To see the full GST registrations and return filing status of Halycon Advisory Private Limited, buy the company report.
Recent activity
Halycon Advisory Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Amrish Harnish Kothari was appointed as Director on 25 Aug 2017.
Frequently asked questions
Halycon Advisory 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 25 August 2017 (9+ years old) and is registered under CIN U74999MH2017PTC299047.
Halycon Advisory has 2 current directors:
- Avinash Harnish Kothari - Director
- Amrish Harnish Kothari - Director
The latest financial statements of Halycon Advisory 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 Halycon Advisory is 27AAECH2928M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Halycon Advisory is U74999MH2017PTC299047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Halycon Advisory was incorporated on 25 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Halycon Advisory by revenue are Dalal Computer Systems Private Limited, Novatech Finvest (India) Private Limited, Savik Consulting Services Private Limited, Supreme Microtec Data Solutions Private Limited, Kwan (South) Celebrity Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Amrish Harnish Kothari was appointed as Director on 25 Aug 2017. Avinash Harnish Kothari was appointed as Director on 25 Aug 2017.
The registered office of Halycon Advisory is at 8 Ground Floor Shankar Mahal Sophia College Lane Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
Halycon Advisory operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Halycon Advisory is compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.