Plante Moran India Private Limited

Plante Moran India Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74210MH2010PTC211044 Incorporated 16 December 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Revenue · FY 2024
₹21.52 Cr
▲ 40% YoY
Net profit · FY 2024
₹2.23 Cr
Net margin 10.4%
EBITDA · FY 2024
₹4.09 Cr
EBITDA margin 19%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
130
Provident fund records
Directors on board
4
As per MCA filings

About Plante Moran India Private Limited

Data last updated:

Plante Moran India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pmgs Mexico Holdings Llc. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2010PTC211044. Its GSTIN is 27AAFCP8896B1Z0 (Maharashtra).

The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as Pmgs India Private Limited. It is led by directors including Jason Alexander Drake and Xerxes Vispi Dastur.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 904 09th Floor Piramal Tower Peninsula Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.52 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 10.4%) and EBITDA of ₹4.09 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 28% over five years.

The company has about 130 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Plante Moran.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plantemoran.com.

Company details

CIN U74210MH2010PTC211044
Registration Number 211044
Incorporation Date 16 December 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Pmgs Mexico Holdings Llc
Compliance Status Active Compliant

Contact details

Plante Moran India Private Limited's registered office is in Mumbai, Maharashtra. Its website is plantemoran.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    903 – 904 09th Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Plante Moran India Private Limited, buy the company report.

Comprehensive company report
Plante Moran India 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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Brands

Plante Moran India operates one associated brand: Plante Moran. Each brand links to its own profile.

BrandDescriptionWebsite
Accounting, tax, consulting, and wealth management services are provided.plantemoran.com

Business activity

The main business activity of Plante Moran India is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Plante Moran India Private Limited, buy the company report.

Financials of Plante Moran India Private Limited

FY 2024 filings available

Plante Moran India Private Limited reported revenue of ₹21.52 Cr (up 40% YoY) for FY 2024.

Revenue · FY 2024
₹21.52 Cr ▲ 40%
Net profit · FY 2024
₹2.23 Cr margin 10.4%
EBITDA · FY 2024
₹4.09 Cr margin 19%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 41%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 41%
5 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 40% growth in the latest year. EBITDA rose 39% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.23 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin19%
Net Profit Margin10.4%
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 Plante Moran India Private Limited, buy the company report.

Board of directors of Plante Moran India Private Limited

Plante Moran India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jason Alexander DrakeDirector10 Dec 201312 Years 11 MonthsCurrent
Xerxes Vispi DasturDirector23 Mar 201511 Years 7 MonthsCurrent
Louis John Longo IiDirector23 Mar 201115 Years 7 MonthsCurrent
Keith Anthony PiwkoAdditional Director12 Nov 20242 Years 0 MonthsCurrent

Auditor

Plante Moran India Private Limited is audited by KALYANIWALLA & MISTRY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KALYANIWALLA & MISTRYFY 2023104607W

Shareholding

The shareholding of Plante Moran India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Plante Moran India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Plante Moran India Private Limited has a workforce of 130 employees on its EPFO records as of May 2026.

Employee count
130
Employee growth
49.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27130
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Plante Moran India Private Limited, buy the company report.

GST

Plante Moran India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCP8896B1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Plante Moran India Private Limited, buy the company report.

Recent activity

Plante Moran India Private Limited has 11 board changes on record since 2011: 4 appointments and 7 cessations. The latest: Keith Anthony Piwko was appointed as Additional Director on 12 Nov 2024.

Appointed
Keith Anthony Piwko was appointed as Additional Director.
AGM
Plante Moran India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Plante Moran India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Xerxes Vispi Dastur ceased to be Additional Director.
Appointed
Xerxes Vispi Dastur was appointed as Director.
Ceased
Jason Alexander Drake ceased to be Additional Director.
Appointed
Jason Alexander Drake was appointed as Director.
Ceased
Ajaykumar Basantilal Malpani ceased to be Director.
Ceased
Vidyavati Ajaykumar Malpani ceased to be Director.
Ceased
Douglas Richard Wiescinski ceased to be Additional Director.
Ceased
Louis John Longo Ii ceased to be Additional Director.
Ceased
Rajesh Jagdish Patel ceased to be Additional Director.

2 earlier events are in the company report.

Frequently asked questions

Plante Moran India 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 16 December 2010 (16+ years old) and is registered under CIN U74210MH2010PTC211044.

Plante Moran India has 4 current directors:

The latest financial statements of Plante Moran India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Plante Moran India is 27AAFCP8896B1Z0, registered in Maharashtra.

The CIN (Corporate Identification Number) of Plante Moran India is U74210MH2010PTC211044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Plante Moran India was incorporated on 16 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Keith Anthony Piwko was appointed as Additional Director on 12 Nov 2024. Xerxes Vispi Dastur ceased to be Additional Director on 30 Sep 2015. Xerxes Vispi Dastur was appointed as Director on 23 Mar 2015. Plante Moran India has 11 board changes on record in total.

Plante Moran India can be reached through the website plantemoran.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Plante Moran India is at 903 – 904 09th Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

Plante Moran India operates in the business outsourcing industry, in the business and IT consulting segment.