
About Mitcon Advisory Services Private Limited
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Mitcon Advisory Services Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Mitcon Consultancy & Engineering Services Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93090PN2018PTC178871. Its GSTIN is 27AAMCM0846M1ZZ (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Mitcon Valuers and Advisors Private Limited. It is led by directors including Pankaj Prabhakar Deshmukh and Prasad Papalal Pawar.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹38.35 Lakh (net margin 14.2%) and EBITDA of ₹1.08 Cr (EBITDA margin 39.8%). Revenue has grown at a compounded annual rate (CAGR) of 213% over three years.
For more details, the company can be reached via its website mitconindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFirst Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
- 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
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Business Activity of Mitcon Advisory Services Private Limited
The main business activity of Mitcon Advisory Services is professional, scientific and technical activities. In detail, this covers activities of head offices; 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 activities | 70 | Activities of head offices; 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 Mitcon Advisory Services Private Limited FY 2025 filings available
Mitcon Advisory Services Private Limited reported revenue of ₹2.71 Cr (up 294% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mitcon Advisory Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 213% over three years, including 294% growth in the latest year. EBITDA rose 492% 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 Mitcon Advisory Services 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 | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.35 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 of Mitcon Advisory Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.2% | •••• | •••• | •••• | •••• |
| 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 Mitcon Advisory Services are in the company report.
Financial statements from FY 2019
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 Mitcon Advisory Services Private Limited
Mitcon Advisory Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajreshwari Automobile Private Limited | ₹2.71 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kangra, Himachal Pradesh, India |
| Unicom Electronics Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | 147.0% | •••• | New Delhi, Delhi, India |
| Glofin Services Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Chaudhri Hotels and Restaurants Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Corepeelers Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Gurugram, Haryana, India |
| Mitcon Advisory Services Private Limited this company | ₹2.71 Cr (FY 2025) | •••• | •••• | 294.0% | •••• | Pune, Maharashtra, India |
| Advent Advisory Services Private Limited | ₹2.71 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Rajnigandha Management Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | -85.0% | •••• | Mughalsarai, Uttar Pradesh, India |
| Tribal Solutions Consulting Services Private Limited | ₹2.71 Cr (FY 2025) | •••• | •••• | •••• | Secunderabad, Telangana, India | |
| Ushankk Enterrprises Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | New Delhi, Delhi, India |
| Xestion Advisor Private Limited | ₹2.71 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Patpar Ganj, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mitcon Advisory Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mitcon Advisory Services Private Limited
Mitcon Advisory Services Private Limited is audited by M/s J. Singh and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s J. Singh and Associates | 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 Mitcon Advisory Services Private Limited
Mitcon Advisory Services has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Prabhakar Deshmukh | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
| Prasad Papalal Pawar | Director | 30 Jan 2025 | 1 Years 8 Months | Current |
| Harshad Vijay Joshi | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Mitcon Advisory Services 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 Mitcon Advisory Services Private Limited
Mitcon Advisory Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mitcon Advisory Services Private Limited
Employment history and EPFO contributions of people linked to Mitcon Advisory Services.
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.
Recent Activity on Mitcon Advisory Services Private Limited
Mitcon Advisory Services Private Limited has 13 board changes on record since 2019: 3 appointments and 10 cessations. The latest: Prasad Papalal Pawar ceased to be Additional Director on 28 Jul 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mitcon Advisory Services 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.
MSME Payment Delays by Mitcon Advisory Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mitcon Advisory Services 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 Mitcon Advisory Services Private Limited
Mitcon Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM0846M1ZZ | Maharashtra | Active | 03 Jan 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 Mitcon Advisory Services 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 Mitcon Advisory Services Private Limited
Mitcon Advisory Services is an active private limited company based in Pune, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U93090PN2018PTC178871.
Mitcon Advisory Services reported revenue of ₹2.71 Cr for FY 2025 (up 294% YoY).
Mitcon Advisory Services has 3 current directors:
- Pankaj Prabhakar Deshmukh - Director
- Prasad Papalal Pawar - Director
- Harshad Vijay Joshi - Director
Mitcon Advisory Services reported a net profit of ₹38.35 Lakh (net margin 14.2%) and EBITDA of ₹1.08 Cr (EBITDA margin 39.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mitcon Advisory Services is 213% over three years. In the latest year (FY 2025) revenue rose 294%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mitcon Advisory Services is 27AAMCM0846M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mitcon Advisory Services is U93090PN2018PTC178871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitcon Advisory Services was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mitcon Advisory Services by revenue are Bajreshwari Automobile Private Limited, Unicom Electronics Private Limited, Glofin Services Private Limited, Chaudhri Hotels and Restaurants Private Limited, Corepeelers Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Prasad Papalal Pawar ceased to be Additional Director on 28 Jul 2025. Prasad Papalal Pawar was appointed as Director on 30 Jan 2025. Nalin Fulchand Shah ceased to be Additional Director on 10 Jul 2023. Mitcon Advisory Services has 13 board changes on record in total.
Mitcon Advisory Services can be reached through the website mitconindia.com. Its registered office is in Pune, Maharashtra, India.