Choice Consultancy Services Private Limited

Choice Consultancy Services Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U35100MH2010PTC198603 Incorporated 06 January 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Medium
Data last updated
Revenue · FY 2025
₹203.3 Cr
▼ 1.8% YoY
Net profit · FY 2025
₹37.24 Cr
Net margin 18.3%
EBITDA · FY 2025
₹52.43 Cr
EBITDA margin 25.8%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.56 Cr
Issued & subscribed
Open charges
₹77.56 Cr
Satisfied ₹4.8 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
500
Provident fund records

About Choice Consultancy Services Private Limited

Data last updated:

Choice Consultancy Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Choice International Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 January 2010 and has been in existence for over 16 years.

Its director Arunkumar Poddar and family are #1,009 among India's richest people (2026). Its director Kamal Poddar and family are #1,009 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35100MH2010PTC198603. Its GSTIN is 27AADCC8291R1ZT (Maharashtra). The company holds 8 GST registrations, all of them active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.56 Cr. It was formerly known as Choice Techfin Consultancy Private Limited and Choice Business Services Private Limited. It is led by directors including Nitesh Agarwal and Kanhaiya Lal Berwal.

Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099.

As per the financials filed for FY 2025, the company reported a revenue of ₹203.3 Cr. For the same year it recorded a net profit of ₹37.24 Cr (net margin 18.3%) and EBITDA of ₹52.43 Cr (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.

The company has about 500 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Choice Consultancy Services. As per MCA filings, the company has open charges of ₹77.56 Cr and satisfied charges of ₹4.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2018. The company has 3 MSME Form 1 returns on record between 2018 and 2024, listing 5 overdue payments to 4 micro and small suppliers.

Choice Consultancy Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0041951). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choiceconsultancy.co.in.

Company details

CIN U35100MH2010PTC198603
Registration Number 198603
Incorporation Date 06 January 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Choice International Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0041951

Name history

Choice Consultancy Services has undergone 2 name changes throughout its history. The company was previously known as Choice Techfin Consultancy Private Limited, and Choice Business Services Private Limited. The current legal name is Choice Consultancy Services Private Limited.

Company NameStatus
Choice Consultancy Services Private LimitedCurrent
Choice Techfin Consultancy Private LimitedPrevious
Choice Business Services Private LimitedPrevious

CIN history

Choice Consultancy Services has one previous CIN (Corporate Identification Number): U72900MH2010PTC198603. The current CIN is U35100MH2010PTC198603, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U35100MH2010PTC198603Current
U72900MH2010PTC198603Previous
Key People
Nitesh Agarwal Director Kanhaiya Lal Berwal Director Kamal Poddar Director

Recognitions & Rankings of Choice Consultancy Services

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0041951

Contact details

Choice Consultancy Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is choiceconsultancy.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    choiceconsultancy.co.in
  • Social Media
  • Apps
  • Registered Address
    Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Choice Consultancy Services Private Limited, buy the company report.

Comprehensive company report
Choice Consultancy Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Choice Consultancy Services operates one associated brand: Choice Consultancy Services. Each brand links to its own profile.

BrandDescriptionWebsite
Choice Consultancy Services
Offers comprehensive consulting services for government infrastructure projects.choiceconsultancy.co.in

Business activity

The main business activity of Choice Consultancy Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Choice Consultancy Services Private Limited, buy the company report.

Financials of Choice Consultancy Services Private Limited

FY 2025 filings available

Choice Consultancy Services Private Limited reported revenue of ₹203.3 Cr for FY 2025.

Revenue · FY 2025
₹203.3 Cr
Net profit · FY 2025
₹37.24 Cr margin 18.3%
EBITDA · FY 2025
₹52.43 Cr margin 25.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 44%
EBITDA CAGR growth
3 years · compounded
▲ 104%

Revenue has grown at a compounded annual rate (CAGR) of 44% over three years. 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹203.3 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹52.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹37.24 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin25.8%
Net Profit Margin18.3%
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 Choice Consultancy Services Private Limited, buy the company report.

Board of directors of Choice Consultancy Services Private Limited

Choice Consultancy Services has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitesh Agarwal
Also directs: Choice Green Energy Solutions Private Limited, Choice Green Energy Mh-1 Private Limited, Choice Green Energy Mh-2 Private Limited and 2 more
Director07 Apr 20224 Years 7 MonthsCurrent
Kanhaiya Lal Berwal
Also directs: Choice International Limited
Director29 Nov 20196 Years 11 MonthsCurrent
Kamal Poddar
Also directs: Choice Strategic Advisors LLP, Choice International Limited, Soansrishti Properties Private Limited and 5 more
Director06 Jan 201016 Years 10 MonthsCurrent
Arun Kumar Poddar
Also directs: Choice Strategic Advisors LLP, Choice International Limited, Soansrishti Properties Private Limited and 5 more
Director24 Nov 201015 Years 11 MonthsCurrent
Bhal Chandra Murarka
Also directs: Choice Green Energy Solutions Private Limited, Choice Green Energy Mh-1 Private Limited, Choice Green Energy Mh-2 Private Limited and 1 more
Director07 Apr 20224 Years 7 MonthsCurrent
View all directors

Auditor

Choice Consultancy Services Private Limited is audited by M S K A & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2025105047W

Shareholding

The shareholding of Choice Consultancy Services Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Choice Consultancy Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹77.56 Cr
Satisfied charges
₹4.8 Cr
Breakdown by lending institutions
Axis Bank Limited₹62.56 Cr
Standard Chartered Bank₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Dec 2024101033973Axis Bank Limited₹18.85 CrOpen
21 Dec 2023100846170Axis Bank Limited₹18 CrOpen
28 Dec 2022100671271Axis Bank Limited₹8.87 CrOpen
08 Dec 2022100661187Standard Chartered Bank₹15 CrOpen
19 Aug 2020100364428Axis Bank Limited₹1.34 CrOpen

To see the full charge records of Choice Consultancy Services Private Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Choice Consultancy Services Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2018.

Total deals
2
Secondary share transfer
1
Acquisition
1

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: Choice International Limited
Seller: Choice International Limited & Kamal Poddar
Jun 2017Acquisition₹3 CrBuyer: Choice International Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Choice Consultancy Services Private Limited has 3 MSME Form 1 returns on record between 2018 and 2024, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
an individual supplier
Unity Ie World Private Limited
Terracon Ecotech Private Limited
Spa Geo Technologies Private Limited

To see the full MSME payment records of Choice Consultancy Services Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Choice Consultancy Services has 2 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
SKP Green Ventures Private LimitedU40106RJ2022PTC081872
Choice Corporate Services Private LimitedU67190MH2011PTC214515

To see the full group structure of Choice Consultancy Services Private Limited, buy the company report.

Employees & EPFO

Choice Consultancy Services Private Limited has a workforce of 500 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.

Employee count
500
Active EPFO establishments
1
Employee growth
177.78%

GST

Choice Consultancy Services has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
8
GSTINStateStatusRegistered on
27AADCC8291R1ZTMaharashtraActive01 Jul 2017
07AADCC8291R1ZVDelhiActive01 Jul 2017
20AADCC8291R1Z7JharkhandActive30 Aug 2017
23AADCC8291R1Z1Madhya PradeshActive01 Sep 2017

To see the full GST registrations and return filing status of Choice Consultancy Services Private Limited, buy the company report.

Recent activity

Choice Consultancy Services Private Limited has 14 board changes on record since 2010: 5 appointments and 9 cessations. The latest: Bhal Chandra Murarka ceased to be Additional Director on 19 Sep 2022.

AGM
Choice Consultancy Services Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Filing
Choice Consultancy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Axis Bank Limited amounted to Rs. 18.85 Cr with Charge ID 101033973 was registered on 11 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 18.00 Cr with Charge ID 100846170 was registered on 21 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.87 Cr with Charge ID 100671271 was registered on 28 Dec 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 15.00 Cr with Charge ID 100661187 was registered on 08 Dec 2022.
Ceased
Bhal Chandra Murarka ceased to be Additional Director.
Ceased
Nitesh Agarwal ceased to be Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 15.50 Cr registered on 31 Jul 2017 with Charge ID 100124319 was modified on 30 Apr 2022.
Appointed
Bhal Chandra Murarka was appointed as Director.
Appointed
Nitesh Agarwal was appointed as Director.
Charges
A charge registered on 21 Mar 2017 via Charge ID 100109659 with Others was fully satisfied on 15 Feb 2022.

16 earlier events are in the company report.

News

Frequently asked questions

Choice Consultancy 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 06 January 2010 (16+ years old) and is registered under CIN U35100MH2010PTC198603.

Choice Consultancy Services has 5 current directors:

The latest financial statements of Choice Consultancy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Choice Consultancy Services is 27AADCC8291R1ZT, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 07AADCC8291R1ZV (Delhi), 20AADCC8291R1Z7 (Jharkhand), 23AADCC8291R1Z1 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Choice Consultancy Services is U35100MH2010PTC198603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Choice Consultancy Services has 1 court case on record: 1 filed against it. 1 is pending.

Choice Consultancy Services was incorporated on 06 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Choice Consultancy Services has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in March 2018.

Bhal Chandra Murarka ceased to be Additional Director on 19 Sep 2022. Nitesh Agarwal ceased to be Additional Director on 19 Sep 2022. Bhal Chandra Murarka was appointed as Director on 07 Apr 2022. Choice Consultancy Services has 14 board changes on record in total.

Yes, Choice Consultancy Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0041951).

Choice Consultancy Services has 3 MSME Form 1 returns on record between 2018 and 2024, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 17 Jun 2024.