
Kushagra Associates Private Limited
About Kushagra Associates Private Limited
Data last updated:
Kushagra Associates Private Limited is a private limited company based in Bhokar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 24 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH2017PTC298979. Its GSTIN is 27AAGCK7354L1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhav Laxmanrao Waghmare and Monali Madhav Waghmare.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhokar, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.03 Lakh (net margin -0.8%) and EBITDA of -₹1.39 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Kushagra Associates
Contact details
Kushagra Associates Private Limited's registered office is in Bhokar, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 126 1st Floor Raj Mall Anand Nagar, Waghala, Bhokar, Maharashtra, India – 431602
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Kushagra Associates 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 Kushagra Associates Private Limited
FY 2025 filings availableKushagra Associates Private Limited reported revenue of ₹1.26 Cr (up 71907% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 80% 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 |
|---|---|---|---|---|---|
| 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 | -₹1.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.03 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -0.8% | ||||
| 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 Kushagra Associates Private Limited, buy the company report.
Board of directors of Kushagra Associates Private Limited
Kushagra Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Laxmanrao Waghmare | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Monali Madhav Waghmare | Director | 03 Feb 2022 | 4 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Kushagra Associates 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 Kushagra Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kushagra Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK7354L1Z0 | Maharashtra | Active | 10 Dec 2018 |
To see the full GST registrations and return filing status of Kushagra Associates Private Limited, buy the company report.
Recent activity
Kushagra Associates Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Monali Madhav Waghmare was appointed as Director on 03 Feb 2022.
Frequently asked questions
Kushagra Associates is an active private limited company based in Bhokar, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 24 August 2017 (9+ years old) and is registered under CIN U74999MH2017PTC298979.
Kushagra Associates has 2 current directors:
- Madhav Laxmanrao Waghmare - Director
- Monali Madhav Waghmare - Director
The latest financial statements of Kushagra Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Kushagra Associates is 27AAGCK7354L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kushagra Associates is U74999MH2017PTC298979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushagra Associates was incorporated on 24 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Nagpur.
Monali Madhav Waghmare was appointed as Director on 03 Feb 2022. Zakane Sandeep Shankarrao ceased to be Director on 03 Feb 2022. Madhav Laxmanrao Waghmare was appointed as Director on 24 Aug 2017.
Yes, Kushagra Associates is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Kushagra Associates is at Shop No. 126 1st Floor Raj Mall Anand Nagar, Waghala, Bhokar, Maharashtra, India – 431602.
Kushagra Associates operates in the business services industry, in the miscellaneous business activities segment.

