Test Consultants Private Limited

Test Consultants Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH1989PTC054092 Incorporated 31 October 1989 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹25.26 Lakh
▲ 4% YoY
Net loss · FY 2025
₹12.41 Lakh
Net margin -49.1%
EBITDA · FY 2025
₹3.17 Lakh
EBITDA margin 12.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹23.07 Lakh
Issued & subscribed
Company age
37 yrs
Est. 1989
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Test Consultants Private Limited

Data last updated:

Test Consultants Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 October 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1989PTC054092. Its GSTIN is 27AACCA4944Q1Z6 (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹23.07 Lakh. It was formerly known as Avinash Organics Private Limited and Test Consultants Limited. It is led by directors including Devaki Gulabsi Khimji and Shaila Viren Merchant.

Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Meher Chambers 4/5th Flrkamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400038.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.26 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹12.41 Lakh (net margin -49.1%) and EBITDA of ₹3.17 Lakh (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.

The company has 1 deal on record (1 secondary share transfer); the latest was in April 2022.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24100MH1989PTC054092
Registration Number 054092
Incorporation Date 31 October 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Test Consultants has undergone 3 name changes throughout its history. The company was previously known as Avinash Organics Private Limited, Test Consultants Limited, and Khaitan And Co Consulting Limited. The current legal name is Test Consultants Private Limited.

Company NameStatus
Test Consultants Private LimitedCurrent
Avinash Organics Private LimitedPrevious
Test Consultants LimitedPrevious
Khaitan And Co Consulting LimitedPrevious

CIN history

Test Consultants has one previous CIN (Corporate Identification Number): U24100MH1989PLC054092. The current CIN is U24100MH1989PTC054092, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24100MH1989PTC054092Current
U24100MH1989PLC054092Previous

Contact details

Test Consultants Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Meher Chambers 4/5th Flrkamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400038
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Test Consultants Private Limited, buy the company report.

Comprehensive company report
Test Consultants 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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Financials of Test Consultants Private Limited

FY 2025 filings available

Test Consultants Private Limited reported revenue of ₹25.26 Lakh (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹25.26 Lakh ▲ 4%
Net loss · FY 2025
₹12.41 Lakh margin -49.1%
EBITDA · FY 2025
₹3.17 Lakh margin 12.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 2%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 40%
5 years · compounded
▼ 21%

Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 121% 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 2024-25FY 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₹3.17 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.41 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.5%
Net Profit Margin-49.1%
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 Test Consultants Private Limited, buy the company report.

Board of directors of Test Consultants Private Limited

Test Consultants has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Devaki Gulabsi KhimjiDirector29 Jan 201016 Years 8 MonthsCurrent
Shaila Viren MerchantDirector07 Sep 20206 Years 1 MonthsCurrent
Devyani Gulabsi KhimjiDirector29 Jan 201016 Years 8 MonthsCurrent

Auditor

Test Consultants Private Limited is audited by Khandelwal & Mehta LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Khandelwal & Mehta LLPFY 2023W100084

Shareholding

The shareholding of Test Consultants 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 Test Consultants Private Limited, buy the company report.

Deals & funding

Test Consultants Private Limited has 1 deal on record (1 secondary share transfer); the latest was in April 2022.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Apr 2022Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

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

MSME payment delays

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

GST

Test Consultants has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCA4944Q1Z6MaharashtraActive01 Jul 2017

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

Recent activity

Test Consultants Private Limited has 15 board changes on record since 2001: 9 appointments and 6 cessations. The latest: Hanoze Cyrus Kolah ceased to be Director on 31 May 2025.

AGM
Test Consultants Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Ceased
Hanoze Cyrus Kolah ceased to be Director.
Filing
Test Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Gulabsi Ratansi Khimji ceased to be Director.
Appointed
Shaila Viren Merchant was appointed as Director.
Ceased
Chandrahas Charandas Dayal ceased to be Director.
Appointed
Hanoze Cyrus Kolah was appointed as Director.
Appointed
Chandrahas Charandas Dayal was appointed as Director.
Ceased
Rabindra Jhunjhunwala ceased to be Director.
Ceased
Ajoy Kumar Gupta ceased to be Director.
Appointed
Devaki Gulabsi Khimji was appointed as Director.
Appointed
Devyani Gulabsi Khimji was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Test Consultants 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 31 October 1989 (37+ years old) and is registered under CIN U24100MH1989PTC054092.

Test Consultants has 3 current directors:

The latest financial statements of Test Consultants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Test Consultants is 27AACCA4944Q1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Test Consultants is U24100MH1989PTC054092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Test Consultants was incorporated on 31 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.

Test Consultants has 1 deal on record (1 secondary share transfer); the latest was in April 2022.

Hanoze Cyrus Kolah ceased to be Director on 31 May 2025. Gulabsi Ratansi Khimji ceased to be Director on 22 Dec 2021. Shaila Viren Merchant was appointed as Director on 07 Sep 2020. Test Consultants has 15 board changes on record in total.

The registered office of Test Consultants is at Meher Chambers 45th Flrkamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400038.

Test Consultants operates in the business outsourcing industry, in the business and IT consulting segment.