About Kroll Advisory Private Limited
Data last updated:
Kroll Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of American Appraisal Associates, Llc. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC182759. Its GSTIN is 27AAHCA0595Q1Z2 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹40 Cr. It was formerly known as American Appraisal India Private Limited. It is led by directors including Umakanta Panigrahi and Edward S Forman.
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 102 1st Floor Plot 37 Kshamalaya Vitthaldas Thackarsey Marg Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.14 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹14.51 Cr (net margin 20.7%) and EBITDA of ₹19.13 Cr (EBITDA margin 27.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 72 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending. The company has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹30.11 Cr; the latest was in October 2020. Its 10 peer companies in the Outsourcing industry (Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Smartvalue Ventures Private Limited. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 3 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 kroll.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address102 1st Floor Plot 37 Kshamalaya Vitthaldas Thackarsey Marg Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Kroll Advisory Private Limited
The main business activity of Kroll Advisory is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kroll Advisory Private Limited FY 2025 filings available
Kroll Advisory Private Limited reported revenue of ₹70.14 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kroll Advisory Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 26% growth in the latest year. EBITDA rose 95% 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 of Kroll Advisory Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹19.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.51 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 of Kroll Advisory Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kroll Advisory are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kroll Advisory Private Limited
Kroll Advisory Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smartvalue Ventures Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Eneffen Technologies Private Limited | •••• | •••• | •••• | •••• | 205 | Bangalore, Karnataka, India |
| Control Risks India Private Limited | •••• | •••• | •••• | •••• | 99 | New Delhi, Delhi, India |
| Anb Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Raja Management Services Private Limited | •••• | •••• | •••• | •••• | - | Krishnagiri, Tamil Nadu, India |
| Kroll Advisory Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Techprimo Solutions Private Limited | •••• | •••• | •••• | •••• | 222 | Ghaziabad, Uttar Pradesh, India |
| R.C.H. Marketing Private Limited | •••• | •••• | •••• | •••• | - | Aligarh-202001, Uttar Pradesh, India |
| Pricewaterhousecoopers Aims Support Services India Private Limited | •••• | •••• | •••• | •••• | 134 | Mumbai, Maharashtra, India |
| Ajaya Solutions Private Limited | •••• | •••• | •••• | •••• | - | Thane West, Maharashtra, India |
| Arise Integrated Platforms India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Kroll Advisory by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Kroll Advisory Private Limited
Kroll Advisory Private Limited is audited by Shah & Modi for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah & Modi | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kroll Advisory Private Limited
Kroll Advisory has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umakanta Panigrahi Also directs: Kroll Consulting (Ifsc) LLP | Director | 29 Apr 2022 | 4 Years 5 Months | Current |
| Edward S Forman | Director | 20 Feb 2017 | 9 Years 7 Months | Current |
| Patrick Michael Puzzuoli Also directs: Kroll Global Solutions LLP, Kroll Consulting (Ifsc) LLP, Kroll Associates (India) Private Limited and 1 more | Director | 20 Feb 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Kroll Advisory Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kroll Advisory Private Limited
Kroll Advisory Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Kroll Advisory Private Limited
Kroll Advisory Private Limited has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹30.11 Cr; the latest was in October 2020.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Rights issue | ₹28.6 Cr | Investors: American Appraisal Associates Llc |
| Dec 2019 | Funding round | ₹20 Cr | Investors: American Appraisal Associates Llc |
| Mar 2019 | Funding round | ₹69 Lakh | Investors: American Appraisal Associates Llc |
| Nov 2008 | Funding round | ₹2.13 Cr | Investors: American Appraisal Associates Llc |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Kroll Advisory Private Limited
Kroll Advisory Private Limited has 4 court cases on record: 4 filed by Kroll Advisory. 1 case is pending and 3 are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against State of Haryana | Pending |
| High Court of Punjab and Haryana | Court case (COCP) | Filed by the company against an individual | Disposed |
| High Court of Punjab and Haryana | Court case (COCP) | Filed by the company against an individual | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against State of Haryana | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Kroll Advisory Private Limited
Kroll Advisory Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Borkar and Muzumdar | •••• | •••• | •••• |
| Vision Hospitality Services & Consultants Private Limited | •••• | •••• | •••• |
| Printstop India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Kroll Advisory Private Limited
Kroll Advisory Private Limited has a workforce of 72 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Kroll Advisory Private Limited
Kroll Advisory has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ecurity Compass Consulting And Training Services Private Limited | U72900DL2010FTC358109 | Locked |
Showing major subsidiaries. Total: 1.
News related to Kroll Advisory Private Limited
Recent Activity on Kroll Advisory Private Limited
Kroll Advisory Private Limited has 14 board changes on record since 2010: 3 appointments and 11 cessations. The latest: Umakanta Panigrahi ceased to be Additional Director on 29 Sep 2022.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kroll Advisory Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kroll Advisory Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kroll Advisory Private Limited
Kroll Advisory has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA0595Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 07AAHCA0595Q1Z4 | Delhi | Active | 01 Jul 2017 |
| 29AAHCA0595Q1ZY | Karnataka | Active | 01 Jul 2017 |
| 36AAHCA0595Q1Z3 | Telangana | Active | 26 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kroll Advisory Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kroll Advisory Private Limited
Kroll 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 28 May 2008 (18+ years old) and is registered under CIN U74140MH2008PTC182759.
Kroll Advisory reported revenue of ₹70.14 Cr for FY 2025 (up 26% YoY).
Kroll Advisory has 3 current directors:
- Umakanta Panigrahi - Director
- Edward S Forman - Director
- Patrick Michael Puzzuoli - Director
Kroll Advisory reported a net profit of ₹14.51 Cr (net margin 20.7%) and EBITDA of ₹19.13 Cr (EBITDA margin 27.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kroll Advisory is 5% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kroll Advisory is 27AAHCA0595Q1Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AAHCA0595Q1Z4 (Delhi), 29AAHCA0595Q1ZY (Karnataka), 36AAHCA0595Q1Z3 (Telangana).
The CIN (Corporate Identification Number) of Kroll Advisory is U74140MH2008PTC182759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kroll Advisory has 4 court cases on record: 4 filed by the company. 1 is pending.
Kroll Advisory was incorporated on 28 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Kroll Advisory has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹30.11 Cr; the latest was in October 2020.
The peers of Kroll Advisory by revenue are Smartvalue Ventures Private Limited, Eneffen Technologies Private Limited, Control Risks India Private Limited, Anb Solutions Private Limited, Raja Management Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Umakanta Panigrahi ceased to be Additional Director on 29 Sep 2022. Varun Gupta ceased to be Director on 20 May 2022. Umakanta Panigrahi was appointed as Director on 29 Apr 2022. Kroll Advisory has 14 board changes on record in total.