About TCG Advisory Services Private Limited
Data last updated:
TCG Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sitara Solutions Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2003PTC139713. Its GSTIN is 27AAACW4907B1ZM (Maharashtra).
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹8.33 Cr. It is led by directors Prasanta Kumar Biswal and Sanjay Darolia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.69 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.83 Cr (net margin 42.3%) and EBITDA of ₹15.26 Cr (EBITDA margin 46.7%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 66% over five years.
The company is associated with 1 brand: Tcg Amc. The company has 9 deals on record (4 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹16.06 Cr; the latest was in March 2020. Its 10 peer companies in the Outsourcing industry (Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Fineoteric Consulting Private Limited with revenue of ₹33 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tcgamc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressTcg Financial Centre 11th&12th Flr Plot No C – 53 G Block Bandra Kurla Complex Bandra Ea, St, Mumbai, Maharashtra, India – 400098
- 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
Associated Brands with TCG Advisory Services Private Limited
TCG Advisory Services operates one associated brand: TCG AMC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Private equity investments are managed across multiple sectors by TCG. | tcgamc.com |
Business Activity of TCG Advisory Services Private Limited
The main business activity of TCG Advisory Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 TCG Advisory Services Private Limited FY 2025 filings available
TCG Advisory Services Private Limited reported revenue of ₹32.69 Cr (up 782% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of TCG Advisory Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 782% growth 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 TCG Advisory Services 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 | ₹15.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.83 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 TCG Advisory Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 TCG Advisory Services 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.
Board of Directors and KMP of TCG Advisory Services Private Limited
TCG Advisory Services Private Limited currently reports 2 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Kumar Biswal | Director | 06 May 2015 | 11 Years 5 Months | Current |
| Shahzad Phiroze Madon | Ceo | 07 Mar 2024 | 2 Years 7 Months | Current |
| Sanjay Darolia | Director | 23 Aug 2023 | 3 Years 1 Months | Current |
Peer Comparison of TCG Advisory Services Private Limited
TCG Advisory Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fineoteric Consulting Private Limited | ₹33 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Marketboats Consulting Private Limited | ₹32.88 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Avener Financial Services Private Limited | ₹32.79 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Mumbai, Maharashtra, India |
| SRK Tool & Moulders Private Limited | ₹32.79 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Convosight Analytics Private Limited | ₹32.78 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| TCG Advisory Services Private Limited this company | ₹32.69 Cr (FY 2025) | •••• | •••• | 782.0% | •••• | Mumbai, Maharashtra, India |
| Sirox Industries Private Limited | ₹32.61 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Gurugram, Haryana, India |
| Tirshil Algocomm Technologies Limited | ₹32.56 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| X-Calibre Consultants Private Limited | ₹32.53 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
| Lisi Aerospace India Private Limited | ₹32.51 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Denken Solutions India Private Limited | ₹32.51 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Guntur, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below TCG Advisory Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of TCG Advisory Services Private Limited
TCG Advisory Services Private Limited is audited by Chetan Dalal & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chetan Dalal & Co | 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.
Ownership and Shareholding of TCG Advisory Services 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 TCG Advisory Services Private Limited
TCG Advisory Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of TCG Advisory Services Private Limited
TCG Advisory Services Private Limited has 9 deals on record (4 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹16.06 Cr; the latest was in March 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹2.5 Cr | Investors: Merlin Enclaves Pvt Ltd |
| Dec 2017 | Debt financing | ₹4.2 Cr | Investors: TCG Lifesciences Private Limited |
| May 2017 | Debt financing | ₹2.5 Cr | Investors: TCG Lifesciences Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Merlin Enclaves Pvt Ltd , Merlin Resources Pvt Ltd |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: Merlin Resources Pvt Ltd , Merlin Enclaves Pvt Ltd Seller: 2 individuals |
Full deal history
All 9 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.
Employees and EPFO Compliance at TCG Advisory Services Private Limited
Employment history and EPFO contributions of people linked to TCG Advisory Services.
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.
Recent Activity on TCG Advisory Services Private Limited
TCG Advisory Services Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Shahzad Phiroze Madon ceased to be Additional Director on 15 Apr 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for TCG Advisory Services 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 TCG Advisory Services 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 TCG Advisory Services 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 TCG Advisory Services Private Limited
TCG Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW4907B1ZM | 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 TCG Advisory Services 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.
Related news about TCG Advisory Services Private Limited
Frequently Asked Questions about TCG Advisory Services Private Limited
TCG Advisory 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 25 March 2003 (23+ years old) and is registered under CIN U74140MH2003PTC139713.
TCG Advisory Services reported revenue of ₹32.69 Cr for FY 2025 (up 782% YoY).
TCG Advisory Services has 3 current directors and KMP:
- Prasanta Kumar Biswal - Director
- Sanjay Darolia - Director
- Shahzad Phiroze Madon - Ceo
TCG Advisory Services reported a net profit of ₹13.83 Cr (net margin 42.3%) and EBITDA of ₹15.26 Cr (EBITDA margin 46.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of TCG Advisory Services is 72% over three years and 66% over five years. In the latest year (FY 2025) revenue rose 782%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of TCG Advisory Services is 27AAACW4907B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of TCG Advisory Services is U74140MH2003PTC139713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TCG Advisory Services was incorporated on 25 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
TCG Advisory Services has 9 deals on record (4 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹16.06 Cr; the latest was in March 2020.
The peers of TCG Advisory Services by revenue are Fineoteric Consulting Private Limited, Marketboats Consulting Private Limited, Avener Financial Services Private Limited, SRK Tool & Moulders Private Limited, Convosight Analytics Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Shahzad Phiroze Madon ceased to be Additional Director on 15 Apr 2024. Shahzad Phiroze Madon was appointed as CEO on 07 Mar 2024. Sanjay Darolia ceased to be Additional Director on 29 Sep 2023. TCG Advisory Services has 12 board changes on record in total.