
MLB Advisory Services Limited
About MLB Advisory Services Limited
Data last updated:
MLB Advisory Services Limited is a public 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 30 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1995PLC088923. Its GSTIN is 27AABCB3971B1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Morison Bairagra Consulting Limited and Bairagra Financial Consultants Private Limited. It is led by directors including Shefali Ashishkumar Bairagra and Jaiprakash Bairagra.
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 F – 11 Manek Mahal 3rd Floor 90 Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.61 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹19.81 Lakh (net margin 24.3%) and EBITDA of ₹26 Lakh (EBITDA margin 31.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
MLB Advisory Services has undergone 3 name changes throughout its history. The company was previously known as Morison Bairagra Consulting Limited, Bairagra Financial Consultants Private Limited, and Mlb Advisory Services Limted. The current legal name is Mlb Advisory Services Limited.
| Company Name | Status |
|---|---|
| MLB Advisory Services Limited | Current |
| Morison Bairagra Consulting Limited | Previous |
| Bairagra Financial Consultants Private Limited | Previous |
| Mlb Advisory Services Limted | Previous |
CIN history
MLB Advisory Services has one previous CIN (Corporate Identification Number): L67190MH1995PLC088923. The current CIN is U67190MH1995PLC088923, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH1995PLC088923 | Current |
| L67190MH1995PLC088923 | Previous |
Contact details
MLB Advisory Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressF – 11 Manek Mahal 3rd Floor 90 Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of MLB Advisory Services 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
Business activity
The main business activity of MLB Advisory Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of MLB Advisory Services Limited, buy the company report.
Financials of MLB Advisory Services Limited
FY 2025 filings availableMLB Advisory Services Limited reported revenue of ₹81.61 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 42% fall in the latest year. EBITDA fell 32% 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 |
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| EBITDA | ₹26 Lakh | ||||
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| Net Profit (PAT) | ₹19.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 31.9% | ||||
| Net Profit Margin | 24.3% | ||||
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To see the full financial statements and ratios of MLB Advisory Services Limited, buy the company report.
Board of directors of MLB Advisory Services Limited
MLB Advisory Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shefali Ashishkumar Bairagra | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Jaiprakash Bairagra Also directs: M L Bhuwania and Co LLP, Shrikant Finconserv Private Limited, Bairagra Properties and Investment Private Limited and 1 more | Director | 30 May 1995 | 31 Years 4 Months | Current |
| Shobha Bairagra | Director | 30 May 1995 | 31 Years 4 Months | Current |
| Ashishkumar Bairagra Also directs: M L Bhuwania and Co LLP, Shrikant Finconserv Private Limited, Bairagra Properties and Investment Private Limited and 4 more | Director | 28 Nov 2001 | 24 Years 10 Months | Current |
Auditor
MLB Advisory Services Limited is audited by S S JHUNJHUNWALA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S JHUNJHUNWALA & CO | FY 2019 | 111926W |
Shareholding
The shareholding of MLB Advisory Services Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MLB Advisory Services Limited, buy the company report.
Legal cases
MLB Advisory Services Limited has 4 court cases on record: 4 filed by MLB Advisory Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against individuals | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of MLB Advisory Services Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for MLB Advisory Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MLB Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB3971B1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MLB Advisory Services Limited, buy the company report.
Recent activity
MLB Advisory Services Limited has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Shefali Ashishkumar Bairagra ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
MLB Advisory Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 May 1995 (31+ years old) and is registered under CIN U67190MH1995PLC088923.
MLB Advisory Services has 4 current directors:
- Shefali Ashishkumar Bairagra - Director
- Jaiprakash Bairagra - Director
- Shobha Bairagra - Director
- Ashishkumar Bairagra - Director
The latest financial statements of MLB Advisory Services 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.
The GSTIN of MLB Advisory Services is 27AABCB3971B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of MLB Advisory Services is U67190MH1995PLC088923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MLB Advisory Services has 4 court cases on record: 4 filed by the company.
MLB Advisory Services was incorporated on 30 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Shefali Ashishkumar Bairagra ceased to be Additional Director on 31 Dec 2020. Shefali Ashishkumar Bairagra was appointed as Director on 01 Jul 2020. Ashishkumar Bairagra was appointed as Director on 28 Nov 2001. MLB Advisory Services has 5 board changes on record in total.
The registered office of MLB Advisory Services is at F – 11 Manek Mahal 3rd Floor 90 Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
MLB Advisory Services operates in the business outsourcing industry, in the business and IT consulting segment.