About Practus Advisors Private Limited
Data last updated:
Practus Advisors Private Limited is a private limited company based in Bandra, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2007PTC170400. Its GSTIN is 27AAACW7078D1Z6 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as Wealth Tree Advisors Private Limited. It is led by directors including Deepak Narayanan and Monik Sameer Koticha.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 512 A Wing The Capital G – Block Bandra Kurla Complex, Behind Icici Bank Plot – C70 Bandra East, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.69 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -4.6%) and EBITDA of -₹1.44 Cr (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 31 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: WealthTree. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.21 Cr; the latest was in August 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealthtree.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address512 A Wing The Capital G – Block Bandra Kurla Complex, Behind Icici Bank Plot – C70 Bandra East, Maharashtra, India – 400051
- 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
Business Activity of Practus Advisors Private Limited
The main business activity of Practus Advisors is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Practus Advisors Private Limited FY 2025 filings available
Practus Advisors Private Limited reported revenue of ₹42.69 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Practus Advisors Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 71% 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 Practus Advisors 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 | -₹1.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.97 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 of Practus Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.6% | •••• | •••• | •••• | •••• |
| 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 Practus Advisors 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.
Auditor Details of Practus Advisors Private Limited
Practus Advisors Private Limited is audited by APMH & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| APMH & ASSOCIATES LLP | 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 Practus Advisors Private Limited
Practus Advisors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Narayanan | Director | 20 May 2015 | 11 Years 4 Months | Current |
| Monik Sameer Koticha Also directs: Practus Business Transformation Private Limited, Practus Professional Services Private Limited, Sanctum Foundation and 5 more | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Srinivasan Venkataraman Also directs: Ivrcl Chengapalli Tollways Limited, Moneytree Advisors Private Limited, Practus Business Transformation Private Limited and 2 more | Director | 28 Apr 2007 | 19 Years 5 Months | Current |
Ownership and Shareholding of Practus Advisors 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 Practus Advisors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2019 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Practus Advisors Private Limited
Practus Advisors Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.21 Cr; the latest was in August 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2015 | Funding round · Series A | ₹6.21 Cr | Investors: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Practus Advisors Private Limited
Practus Advisors Private Limited has 4 court cases on record: 4 filed by Practus Advisors. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against B E Billimoria and Company Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against Sharepro Services (India) Private Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against Agile Financial Technologies Private Limited | Disposed |
| Madras High Court | Company petition | Filed by the company against Infinitas Energy Solutions | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Practus Advisors Private Limited
Practus Advisors operates one associated brand: WealthTree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive design and engineering services are provided to OEMs. | wealthtree.in |
Employees and EPFO Compliance at Practus Advisors Private Limited
Practus Advisors Private Limited has a workforce of 31 employees as of Oct 19, 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.
Group Structure of Practus Advisors Private Limited
Practus Advisors has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Practus Business Transformation Private Limited | U74999MH2019PTC330031 | Locked |
| Practus Professional Services Private Limited | U74999MH2021PTC366842 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Practus Advisors Private Limited
Practus Advisors has one previous CIN (Corporate Identification Number): U65910MH2007PTC170400. The current CIN is U74110MH2007PTC170400, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2007PTC170400 | Current |
| U65910MH2007PTC170400 | Previous |
Recent Activity on Practus Advisors Private Limited
Practus Advisors Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Monik Sameer Koticha was appointed as Director on 01 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Practus Advisors 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 Practus Advisors 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 Practus Advisors 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 Practus Advisors Private Limited
Practus Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7078D1Z6 | 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.
MCA Filings & Documents of Practus Advisors 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 Practus Advisors Private Limited
Practus Advisors is an active private limited company based in Bandra, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 April 2007 (19+ years old) and is registered under CIN U74110MH2007PTC170400.
Practus Advisors reported revenue of ₹42.69 Cr for FY 2025 (down 6% YoY).
Practus Advisors has 3 current directors:
- Deepak Narayanan - Director
- Monik Sameer Koticha - Director
- Srinivasan Venkataraman - Director
Practus Advisors reported a net loss of ₹1.97 Cr (net margin -4.6%) and EBITDA of -₹1.44 Cr (EBITDA margin -3.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Practus Advisors is 11% over three years and 12% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Practus Advisors is 27AAACW7078D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Practus Advisors is U74110MH2007PTC170400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Practus Advisors has 4 court cases on record: 4 filed by the company.
Practus Advisors was incorporated on 28 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Practus Advisors has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.21 Cr; the latest was in August 2021.