Ite Advisory Services Private Limited

Ite Advisory Services Private Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2019PTC106142 Incorporated 17 January 2019 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.91 Cr
▼ 9% YoY
Net profit · FY 2024
₹10.99 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹16.56 Lakh
EBITDA margin 8.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Ite Advisory Services Private Limited

Data last updated:

Ite Advisory Services Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC106142. Its GSTIN is 24AAFCI1403D1ZC (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhaval Prafulkumar Patel and Chirag Pravinsinh Gohil.

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 Block No. 35 Village Karanj Taluka Mandvi, Surat, Gujarat, India – 394110.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.91 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.99 Lakh (net margin 5.7%) and EBITDA of ₹16.56 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 12% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999GJ2019PTC106142
Registration Number 106142
Incorporation Date 17 January 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Ite Advisory Services Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Block No. 35 Village Karanj Taluka Mandvi, Surat, Gujarat, India – 394110
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Ite Advisory Services Private Limited, buy the company report.

Comprehensive company report
Ite Advisory Services 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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Secure checkout · GST invoice included

Business activity

The main business activity of Ite Advisory Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Ite Advisory Services Private Limited, buy the company report.

Financials of Ite Advisory Services Private Limited

FY 2024 filings available

Ite Advisory Services Private Limited reported revenue of ₹1.91 Cr (down 9% YoY) for FY 2024.

Revenue · FY 2024
₹1.91 Cr ▼ 9%
Net profit · FY 2024
₹10.99 Lakh margin 5.7%
EBITDA · FY 2024
₹16.56 Lakh margin 8.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 33%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▼ 16%
5 years · compounded
▲ 11%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 74% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹16.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.99 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.7%
Net Profit Margin5.7%
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 Ite Advisory Services Private Limited, buy the company report.

Board of directors of Ite Advisory Services Private Limited

Ite Advisory Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhaval Prafulkumar PatelDirector17 Jan 20197 Years 9 MonthsCurrent
Chirag Pravinsinh GohilDirector17 Jan 20197 Years 9 MonthsCurrent

Peer comparison

Ite Advisory Services Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Paryana Automation Private Limited₹1.92 Cr (FY 2025)-32.0%Mumbai, Maharashtra, India
Spin On Web Private Limited₹1.92 Cr (FY 2024)-23.0%New Delhi, Delhi, India
Drucare Private Limited₹1.92 Cr (FY 2025)81.0%Guntur, Andhra Pradesh, India
Aptiway Technologies Private Limited₹1.91 Cr (FY 2025)23.0%Kukatpally, Tirumalagiri, Telangana, India
Ite Advisory Services Private Limitedthis company₹1.91 Cr (FY 2024)₹10.99 Lakh5.7%-9.0%Surat, Gujarat, India
Qcentrio Private Limited₹1.91 Cr (FY 2023)99.0%Visakhapatnam, Andhra Pradesh, India
Dynamic Softlink Private Limited₹1.91 Cr (FY 2025)5.0%Surat, Gujarat, India
Enhancio Business Solutions Private Limited₹1.91 Cr (FY 2021)11.0%Bengaluru, Karnataka, India
Troy Consulting Private Limited₹1.91 Cr (FY 2025)269.0%Jammu, Jammu and Kashmir, India

To see the full peer comparison of Ite Advisory Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ite Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ite Advisory Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCI1403D1ZCGujaratActive23 Feb 2019

To see the full GST registrations and return filing status of Ite Advisory Services Private Limited, buy the company report.

Recent activity

Ite Advisory Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chirag Pravinsinh Gohil was appointed as Director on 17 Jan 2019.

AGM
Ite Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ite Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Chirag Pravinsinh Gohil was appointed as Director.
Appointed
Dhaval Prafulkumar Patel was appointed as Director.
Incorporation
17 Jan 2019
Ite Advisory Services Private Limited was registered on 17 Jan 2019 with Roc Ahmedabad & aged 7 years 9 months as per MCA records.

Frequently asked questions

Ite Advisory Services is an active private limited company based in Surat, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 January 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC106142.

Ite Advisory Services has 2 current directors:

The latest financial statements of Ite Advisory Services 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 2019 are in the company report.

The GSTIN of Ite Advisory Services is 24AAFCI1403D1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Ite Advisory Services is U74999GJ2019PTC106142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ite Advisory Services was incorporated on 17 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Ite Advisory Services by revenue are Paryana Automation Private Limited, Spin On Web Private Limited, Drucare Private Limited, Aptiway Technologies Private Limited, Qcentrio Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Chirag Pravinsinh Gohil was appointed as Director on 17 Jan 2019. Dhaval Prafulkumar Patel was appointed as Director on 17 Jan 2019.

The registered office of Ite Advisory Services is at Block No. 35 Village Karanj Taluka Mandvi, Surat, Gujarat, India – 394110.

Ite Advisory Services operates in the information technology industry, in the IT consulting and support services segment.

The compliance status of Ite Advisory Services is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.