Straits Research Private Limited

Straits Research Private Limited - travel and hospitality in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U93000PN2020PTC190669 Incorporated 20 April 2020 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company travel and hospitality
Data last updated
Revenue · FY 2024
₹4.95 Cr
▲ 91% YoY
Net profit · FY 2024
₹48.92 Lakh
Net margin 9.9%
EBITDA · FY 2024
₹70.65 Lakh
EBITDA margin 14.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.4 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
49
Provident fund records

About Straits Research Private Limited

Data last updated:

Straits Research Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 20 April 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93000PN2020PTC190669. Its GSTIN is 27ABDCS6269A1ZC (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akhil Mohanchandran Nair and Husain Imran Indonesiawala.

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 Pune, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.95 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹48.92 Lakh (net margin 9.9%) and EBITDA of ₹70.65 Lakh (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.

The company has about 49 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Straits Research. As per MCA filings, the company has open charges of ₹2.4 Cr on record.

For more details, the company can be reached via its website straitsresearch.com.

Company details

CIN U93000PN2020PTC190669
Registration Number 190669
Incorporation Date 20 April 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Straits Research Private Limited's registered office is in Pune, Maharashtra. Its website is straitsresearch.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No 515 A Amanora Chambers, Sr No. 182 Amanora Mall, Pune, Maharashtra, India – 411028
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Straits Research Private Limited, buy the company report.

Comprehensive company report
Straits Research 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

Straits Research operates one associated brand: Straits Research. Each brand links to its own profile.

BrandDescriptionWebsite
Offers market research reports, customized strategies, and industry insights across various sectors.straitsresearch.com

Business activity

The main business activity of Straits Research is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Straits Research Private Limited, buy the company report.

Financials of Straits Research Private Limited

FY 2024 filings available

Straits Research Private Limited reported revenue of ₹4.95 Cr (up 91% YoY) for FY 2024.

Revenue · FY 2024
₹4.95 Cr ▲ 91%
Net profit · FY 2024
₹48.92 Lakh margin 9.9%
EBITDA · FY 2024
₹70.65 Lakh margin 14.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 157%
3 years · compounded
▲ 102%

Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 91% growth in the latest year. EBITDA rose 157% 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 2020-21
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₹70.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹48.92 Lakh
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 2020-21
Profitability
EBITDA Margin14.3%
Net Profit Margin9.9%
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 Straits Research Private Limited, buy the company report.

Board of directors of Straits Research Private Limited

Straits Research has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akhil Mohanchandran NairDirector20 Apr 20206 Years 6 MonthsCurrent
Husain Imran IndonesiawalaDirector20 Apr 20206 Years 6 MonthsCurrent

Peer comparison

Straits Research Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Langza Business Services Private Limited₹4.96 Cr (FY 2025)44.0%Gurugram, Haryana, India
Straits Research Private Limitedthis company₹4.95 Cr (FY 2024)₹48.92 Lakh9.9%91.0%49Pune, Maharashtra, India
Chromex Analyticals Private Limited₹4.95 Cr (FY 2024)56.0%Vadodara, Gujarat, India
Content-Whale Private Limited₹4.94 Cr (FY 2025)24.0%Mumbai, Maharashtra, India

To see the full peer comparison of Straits Research Private Limited, buy the company report.

Auditor

Straits Research Private Limited is audited by BSA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BSA & ASSOCIATESFY 2023129262W

Shareholding

The shareholding of Straits Research Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Straits Research Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹2.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Sep 2025101176089Axis Bank Limited₹2.4 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Straits Research Private Limited has a workforce of 49 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
49
Active EPFO establishments
1
Employee growth
44.12%

GST

Straits Research has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ABDCS6269A1ZCMaharashtraActive30 Oct 2020

To see the full GST registrations and return filing status of Straits Research Private Limited, buy the company report.

Recent activity

Straits Research Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Piyush Pawar ceased to be Director on 05 Oct 2023.

Charges
A charge with Axis Bank Limited amounted to Rs. 240.15 Lakh with Charge ID 101176089 was registered on 10 Sep 2025.
AGM
Straits Research Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Straits Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Piyush Pawar ceased to be Director.
Appointed
Akhil Mohanchandran Nair was appointed as Director.
Appointed
Husain Imran Indonesiawala was appointed as Director.
Incorporation
20 Apr 2020
Straits Research Private Limited was registered on 20 Apr 2020 with Roc Pune & aged 6 years 6 months as per MCA records.

Frequently asked questions

Straits Research is an active private limited company based in Pune, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 20 April 2020 (6+ years old) and is registered under CIN U93000PN2020PTC190669.

Straits Research has 2 current directors:

The latest financial statements of Straits Research 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 FY 2021 are in the company report.

The GSTIN of Straits Research is 27ABDCS6269A1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Straits Research is U93000PN2020PTC190669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Straits Research was incorporated on 20 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Straits Research by revenue are Langza Business Services Private Limited, Chromex Analyticals Private Limited, Content-Whale Private Limited, all in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities).

Piyush Pawar ceased to be Director on 05 Oct 2023. Akhil Mohanchandran Nair was appointed as Director on 20 Apr 2020. Husain Imran Indonesiawala was appointed as Director on 20 Apr 2020.

Straits Research can be reached through the website straitsresearch.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Straits Research is at Office No 515 A Amanora Chambers, Sr No. 182 Amanora Mall, Pune, Maharashtra, India – 411028.

Straits Research operates in the travel and hospitality industry, in the consumer professional services segment.