About Mitkat Advisory Services Private Limited
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Mitkat Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC207302. Its GSTIN is 27AAGCM7360Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.31 Lakh. It is led by directors including Pawan Desai and Sudhir Sharma.
Its last annual general meeting (AGM) was held on 23 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 511 Ascot Center Adjacent Hilton Hotel Near International Airport Andheri (E)., Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.85 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.34 Cr (net margin 5.7%) and EBITDA of ₹3.56 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 28% over five years.
The company has about 252 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: MitKat Advisory and Datasurfr. As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitkatadvisory.com.
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- Website
- Social Media
- Registered Address511 Ascot Center Adjacent Hilton Hotel Near International Airport Andheri (E)., Mumbai, Maharashtra, India – 400099
- 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
Associated Brands with Mitkat Advisory Services Private Limited
Mitkat Advisory Services operates two associated brands: MitKat Advisory and Datasurfr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based risk management solutions are provided via platforms and apps. | mitkatadvisory.com | |
| AI based operational risk intelligence platform for businesses | datasurfr.ai |
Competitors & Alternatives of Mitkat Advisory Services Private Limited
Brands and companies operating in the same space as Mitkat Advisory Services Private Limited include Everbridge, Global Parametrics, Fusion Risk Management and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Everbridge | Cloud-based software for managing business continuity is provided. | Burlington, United States | 2002 |
 Global Parametrics | Parametric risk transfer solutions are provided for climate resilience. | Lexington, United States | 2016 |
 Fusion Risk Management | Cloud-based software for business continuity and risk management is provided. | Chicago, United States | 2006 |
 Rootly | Cloud-based incident management platform for Slack is provided. | San Francisco, United States | 2020 |
 Restrata | Asset tracking and monitoring are facilitated by Restrata's IoT-integrated platform. | London, United Kingdom | 2006 |
 Coris | AI-based software for merchant risk management is provided by Coris. | San Francisco, United States | 2022 |
 Near-Miss Management | Risk management software is offered for industrial sectors. | Philadelphia, United States | 2011 |
 iluminr | Threat intelligence solutions are delivered through cyber threat microsimulations. | Sydney, Australia | 2019 |
 Neotas | Sourcing solutions for aerospace, defense, and medical equipment are provided. | London, United Kingdom | 2015 |
 Preparis | SaaS-based business continuity and employee safety solutions are offered. | Atlanta, United States | 2007 |
Business Activity of Mitkat Advisory Services Private Limited
The main business activity of Mitkat Advisory Services 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.
Auditor Details of Mitkat Advisory Services Private Limited
Mitkat Advisory Services Private Limited is audited by SHRIDHAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRIDHAR & 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 Mitkat Advisory Services Private Limited
Mitkat Advisory Services has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Desai Also directs: Migs Global Consulting Private Limited, Janajal Yatrigana LLP | Director | 04 Jun 2019 | 7 Years 4 Months | Current |
| Sudhir Sharma | Director | 17 Dec 2011 | 14 Years 9 Months | Current |
| Sushil Pradhan | Director | 10 Dec 2019 | 6 Years 9 Months | Current |
| Samrendra Mohan Kumar Also directs: Migs Global Consulting Private Limited | Director | 31 Aug 2010 | 16 Years 1 Months | Current |
Financials of Mitkat Advisory Services Private Limited FY 2024 filings available
Mitkat Advisory Services Private Limited reported revenue of ₹40.85 Cr (up 44% YoY) for FY 2024.
Growth of Mitkat Advisory Services Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▲ 44% | ▲ 40% | ▲ 28% |
| Net profit | ▼ 4% | ▲ 75% | ▲ 43% |
| EBITDA | ▼ 1% | ▲ 57% | ▲ 36% |
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 44% growth 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 Mitkat Advisory Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.34 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mitkat Advisory Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| 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 Mitkat Advisory Services 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.
Ownership and Shareholding of Mitkat 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.
Group Structure of Mitkat Advisory Services Private Limited
Mitkat Advisory Services 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 |
|---|---|---|
| Migs Global Consulting Private Limited | U74140DL2014PTC272248 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Mitkat Advisory Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2025 | Axis Bank Limited | ₹3.5 Cr | Open |
| 06 May 2019 | Standard Chartered Bank | ₹1.5 Cr | Satisfied |
| 20 Dec 2013 | Indian Overseas Bank | ₹50 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Mitkat Advisory Services Private Limited
Mitkat Advisory Services Private Limited has a workforce of 252 employees as of Apr 05, 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.
GST Compliance of Mitkat Advisory Services Private Limited
Mitkat Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM7360Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Mitkat 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 Mitkat 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 Mitkat 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.
MCA Filings & Documents of Mitkat 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.
Recent Activity on Mitkat Advisory Services Private Limited
Frequently Asked Questions about Mitkat Advisory Services Private Limited
Mitkat Advisory Services 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 31 August 2010 (16+ years old) and is registered under CIN U74900MH2010PTC207302.
Mitkat Advisory Services reported revenue of ₹40.85 Cr for FY 2024 (up 44% YoY).
Mitkat Advisory Services has 4 current directors:
- Pawan Desai - Director
- Sudhir Sharma - Director
- Sushil Pradhan - Director
- Samrendra Mohan Kumar - Director
Mitkat Advisory Services reported a net profit of ₹2.34 Cr (net margin 5.7%) and EBITDA of ₹3.56 Cr (EBITDA margin 8.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mitkat Advisory Services is 40% over three years and 28% over five years. In the latest year (FY 2024) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mitkat Advisory Services is 27AAGCM7360Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mitkat Advisory Services is U74900MH2010PTC207302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitkat Advisory Services was incorporated on 31 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Mitkat Advisory Services can be reached through the website mitkatadvisory.com. Its registered office is in Mumbai, Maharashtra, India.