Covalent Edge Advisors Private Limited

Covalent Edge Advisors Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74899KA1989PTC049472 Incorporated 27 February 1989 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2023
₹17 Lakh
▲ 3% YoY
Net profit · FY 2023
₹7.52 Lakh
Net margin 44.3%
EBITDA · FY 2023
₹9.31 Lakh
EBITDA margin 54.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Covalent Edge Advisors Private Limited

Data last updated:

Covalent Edge Advisors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 February 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74899KA1989PTC049472. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Lakshay Exports Private Limited. It is led by directors Abhijit Rangaraju Krishnan and Soumya Holla.

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 #503&504 5th Floor No. 135/37 Brigade Towers Brigade Road, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2023, the company reported a revenue of ₹17 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.52 Lakh (net margin 44.3%) and EBITDA of ₹9.31 Lakh (EBITDA margin 54.8%). Revenue has grown at a compounded annual rate (CAGR) of 123% over five years.

Court records list 1 case involving the company, including 1 filed by the company.

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

Company details

CIN U74899KA1989PTC049472
Registration Number 049472
Incorporation Date 27 February 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Covalent Edge Advisors has undergone 2 name changes throughout its history. The company was previously known as Lakshay Exports Private Limited, and Covalent Edge Advisors Private Limited. The current legal name is Covalent Edge Advisors Private Limited.

Company NameStatus
Covalent Edge Advisors Private LimitedCurrent
Lakshay Exports Private LimitedPrevious

CIN history

Covalent Edge Advisors has one previous CIN (Corporate Identification Number): U74899DL1989PTC035244. The current CIN is U74899KA1989PTC049472, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74899KA1989PTC049472Current
U74899DL1989PTC035244Previous

Contact details

Covalent Edge Advisors Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    #503&504 5th Floor No. 135/37 Brigade Towers Brigade Road, Bangalore, Karnataka, India – 560025
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Covalent Edge Advisors Private Limited, buy the company report.

Comprehensive company report
Covalent Edge Advisors 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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Business activity

The main business activity of Covalent Edge Advisors is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, book keeping and auditing activities, tax consultancy

To see the full business activity and turnover split of Covalent Edge Advisors Private Limited, buy the company report.

Financials of Covalent Edge Advisors Private Limited

FY 2025 filings available

Covalent Edge Advisors Private Limited reported revenue of ₹17 Lakh (up 3% YoY) for FY 2023.

Revenue · FY 2023
₹17 Lakh ▲ 3%
Net profit · FY 2023
₹7.52 Lakh margin 44.3%
EBITDA · FY 2023
₹9.31 Lakh margin 54.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
5 years · compounded
▲ 123%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 328%
5 years · compounded
▲ 183%

Revenue has grown at a compounded annual rate (CAGR) of 123% over five years, including 3% growth in the latest year. EBITDA fell 11% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹9.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.52 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin54.8%
Net Profit Margin44.3%
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 Covalent Edge Advisors Private Limited, buy the company report.

Board of directors of Covalent Edge Advisors Private Limited

Covalent Edge Advisors has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhijit Rangaraju KrishnanDirector26 Jul 201016 Years 3 MonthsCurrent
Soumya HollaDirector21 Jul 20251 Years 3 MonthsCurrent

Auditor

Covalent Edge Advisors Private Limited is audited by GOVINDARAJU & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
GOVINDARAJU & COFY 2017001001S

Shareholding

The shareholding of Covalent Edge Advisors Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Covalent Edge Advisors Private Limited, buy the company report.

MSME payment delays

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

GST

Covalent Edge Advisors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Covalent Edge Advisors Private Limited, buy the company report.

Recent activity

Covalent Edge Advisors Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Soumya Holla was appointed as Director on 21 Jul 2025.

AGM
Covalent Edge Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Soumya Holla was appointed as Director.
Filing
Covalent Edge Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ramendra Gupta ceased to be Director.
Ceased
Reshma Marathi ceased to be Additional Director.
Appointed
Abhijit Rangaraju Krishnan was appointed as Director.
Ceased
Aravind Kulgod ceased to be Director.
Appointed
Basheer Gudibanda Hussainkhan Khan was appointed as Director.
Appointed
Krishnan Rangaraju was appointed as Director.
Incorporation
27 Feb 1989
Covalent Edge Advisors Private Limited was registered on 27 Feb 1989 with Roc Bangalore & aged 37 years 8 months as per MCA records.

Frequently asked questions

Covalent Edge Advisors is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 February 1989 (37+ years old) and is registered under CIN U74899KA1989PTC049472.

Covalent Edge Advisors has 2 current directors:

The latest financial statements of Covalent Edge Advisors 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 2015 are in the company report.

No. Covalent Edge Advisors has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Covalent Edge Advisors is U74899KA1989PTC049472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Covalent Edge Advisors has 1 court case on record: 1 filed by the company.

Covalent Edge Advisors was incorporated on 27 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.

Soumya Holla was appointed as Director on 21 Jul 2025. Ramendra Gupta ceased to be Director on 07 Mar 2019. Reshma Marathi ceased to be Additional Director on 25 Sep 2015. Covalent Edge Advisors has 7 board changes on record in total.

The registered office of Covalent Edge Advisors is at #503&504 5th Floor No. 13537 Brigade Towers Brigade Road, Bangalore, Karnataka, India – 560025.

Covalent Edge Advisors operates in the business outsourcing industry, in the business and IT consulting segment.