About Paladin Consultancy Private Limited
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Paladin Consultancy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Piramal Enterprises Limited. It operates in the asset reconstruction firms segment of the financial services sector. It was incorporated on 29 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2016PTC272471. Its GSTIN is 27AAICP4650Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹144.13 Cr. It was formerly known as Piramal Assets Reconstruction Private Limited. It is led by directors Vinay Vinayak Ambardekar and Shankar Ramachandran Bharadhwaj.
Its last annual general meeting (AGM) was held on 20 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 3rd Floor Piramal Tower Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.81 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹20.48 Cr (net margin 54.2%) and EBITDA of ₹27.7 Cr (EBITDA margin 73.3%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 77% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
Court records list 265 cases involving the company, including 173 filed by the company and 95 filed against it; 32 cases are pending. The company has 6 deals on record (2 rights issues, 2 funding rounds, 1 debt financing), with disclosed funding of ₹156 Cr; the latest was in March 2024. Its 8 peer companies in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 4 smaller; the largest is Pegasus Assets Reconstruction Private Limited with revenue of ₹80.87 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 31 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiarf.com.
Company details
Name history
Paladin Consultancy has undergone 2 name changes throughout its history. The company was previously known as Piramal Assets Reconstruction Private Limited, and Paladin Consultancy Private Limited. The current legal name is Paladin Consultancy Private Limited.
| Company Name | Status |
|---|---|
| Paladin Consultancy Private Limited | Current |
| Piramal Assets Reconstruction Private Limited | Previous |
CIN history
Paladin Consultancy has one previous CIN (Corporate Identification Number): U67190MH2016PTC272471. The current CIN is U70200MH2016PTC272471, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2016PTC272471 | Current |
| U67190MH2016PTC272471 | Previous |
Contact details
Paladin Consultancy Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address304 3rd Floor Piramal Tower Peninsula Corporate Park Ganpatrao Kadam Marg Lo, Wer Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Asset Reconstruction Firms
- 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 Paladin Consultancy is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Paladin Consultancy Private Limited, buy the company report.
Financials of Paladin Consultancy Private Limited
FY 2025 filings availablePaladin Consultancy Private Limited reported revenue of ₹37.81 Cr (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 77%. EBITDA fell 81% 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 | ₹27.7 Cr | ||||
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| Net Profit (PAT) | ₹20.48 Cr | ||||
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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 | 73.3% | ||||
| Net Profit Margin | 54.2% | ||||
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To see the full financial statements and ratios of Paladin Consultancy Private Limited, buy the company report.
Board of directors and KMP of Paladin Consultancy Private Limited
Paladin Consultancy Private Limited currently reports 2 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Vinayak Ambardekar Also directs: Unicorn India Ventures Services LLP, Catasynth Speciality Chemicals Private Limited, KMC Infratech Limited and 4 more | Director | 04 Aug 2025 | 1 Years 2 Months | Current |
| Shankar Ramachandran Bharadhwaj Also directs: Catasynth Speciality Chemicals Private Limited, KMC Infratech Limited, Steelco Gujarat Limited and 2 more | Director | 04 Aug 2025 | 1 Years 2 Months | Current |
| Tarun Malik | Ceo | 15 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Paladin Consultancy Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pegasus Assets Reconstruction Private Limited | ₹80.87 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Reliance Asset Reconstruction Company Limited | ₹79.4 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| International Asset Reconstruction Company Private Limited | ₹64.91 Cr (FY 2025) | 1371.0% | New Delhi, Delhi, India | |||
| Encore Asset Reconstruction Company Private Limited | ₹61.62 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Paladin Consultancy Private Limitedthis company | ₹37.81 Cr (FY 2025) | ₹20.48 Cr | 54.2% | -75.0% | Mumbai, Maharashtra, India | |
| India SME Asset Reconstruction Company Limited | ₹36.4 Cr (FY 2025) | 101.0% | Mumbai, Maharashtra, India | |||
| Uv Asset Reconstruction Company Limited | ₹34.76 Cr (FY 2025) | -81.0% | New Delhi, Delhi, India | |||
| Arcion Revitalization Private Limited | ₹14.53 Cr (FY 2023) | 2190.0% | Mumbai, Maharashtra, India | |||
| Ana Arc Private Limited | ₹3.29 Cr (FY 2025) | -68.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Paladin Consultancy Private Limited, buy the company report.
Deals & funding
Paladin Consultancy Private Limited has 6 deals on record (2 rights issues, 2 funding rounds, 1 debt financing), with disclosed funding of ₹156 Cr; the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹37 Cr | Investors: Piramal Enterprises Limited, India Investments Arc Mauritius Limited |
| Jul 2022 | Funding round | ₹5 Cr | Investors: Piramal Enterprises Limited |
| Aug 2021 | Debt financing | ₹149 Cr | Investors: Piramal Enterprises Limited, IndiaRF |
| Aug 2021 | Funding round | ₹2 Cr | Investors: Piramal Enterprises Limited, Asset Resurgence Fund Mauritius |
| Oct 2018 | Rights issue | ₹106 Cr | Investors: Piramal Enterprises Limited, India Investments Arc Mauritius Limited |
To see the full deal history of Paladin Consultancy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paladin Consultancy Private Limited has 265 court cases on record: 173 filed by Paladin Consultancy, 95 filed against it. 32 cases are pending and 233 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 145 | 27 | 14 |
| High courts | 78 | 39 | 9 |
| NCLAT | 28 | 21 | 9 |
| NCLT | 13 | 7 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 265)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Alliance Maritime Pvt Ltd | Pending |
| District court, Ratnagiri, Maharashtra | Criminal miscellaneous application | Filed by the company against M/S Greatwall Corporate Services Pvt Ltd Etc.4 and 1 other | Disposed |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Master Weaver Ethnics India Private Limited and 4 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Vibrant Highrise LLP Nedumpara and Nedumpara | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by SGS Construction and Developers Private Ltd and 1 other | Disposed |
To see the full case history of Paladin Consultancy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Paladin Consultancy Private Limited was last rated by Indiarating on 09 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 09 Feb 2021 |
To see the full credit ratings and regulatory alerts of Paladin Consultancy Private Limited, buy the company report.
MSME payment delays
Paladin Consultancy Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 31 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vistra Itcl (India) Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sun Infoways Limited | |||
| an individual supplier |
To see the full MSME payment records of Paladin Consultancy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Paladin Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP4650Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paladin Consultancy Private Limited, buy the company report.
Recent activity
Paladin Consultancy Private Limited has 13 board changes on record since 2017: 3 appointments and 10 cessations. The latest: Shankar Ramachandran Bharadhwaj ceased to be Additional Director on 28 Sep 2025.
4 earlier events are in the company report.
Frequently asked questions
Paladin Consultancy is an active private limited company based in Mumbai, Maharashtra, India. The company works in asset reconstruction firms, within the financial services industry. It was incorporated on 29 January 2016 (10+ years old) and is registered under CIN U70200MH2016PTC272471.
Paladin Consultancy has 3 current directors and KMP:
- Vinay Vinayak Ambardekar - Director
- Shankar Ramachandran Bharadhwaj - Director
- Tarun Malik - Ceo
The latest financial statements of Paladin Consultancy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 June 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Paladin Consultancy is 27AAICP4650Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paladin Consultancy is U70200MH2016PTC272471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paladin Consultancy has 265 court cases on record: 173 filed by the company and 95 filed against it. 32 are pending. Most are in the district courts.
Paladin Consultancy was incorporated on 29 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Paladin Consultancy has 6 deals on record (2 rights issues, 2 funding rounds, 1 debt financing), with disclosed funding of ₹156 Cr; the latest was in March 2024.
The peers of Paladin Consultancy by revenue are Pegasus Assets Reconstruction Private Limited, Reliance Asset Reconstruction Company Limited, International Asset Reconstruction Company Private Limited, Encore Asset Reconstruction Company Private Limited, India SME Asset Reconstruction Company Limited and 3 more, all in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities).
Shankar Ramachandran Bharadhwaj ceased to be Additional Director on 28 Sep 2025. Vinay Vinayak Ambardekar ceased to be Additional Director on 28 Sep 2025. Shankar Ramachandran Bharadhwaj was appointed as Director on 04 Aug 2025. Paladin Consultancy has 13 board changes on record in total.
Paladin Consultancy has 8 MSME Form 1 returns on record between 2019 and 2023, listing 31 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Paladin Consultancy can be reached through the website indiarf.com. Its registered office is in Mumbai, Maharashtra, India.