About Thought Arbitrage Research Institute
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Thought Arbitrage Research Institute is a private not for profit company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U73100DL2011NPL216803. Its GSTIN is 07AADCT8035A1ZN (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kaushik Dutta and Kshama Venkataramiah Kaushik.
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 843 Lavy Pinto Block Asian Games Village, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.19 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 3.1%) and EBITDA of ₹6.21 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The company is associated with 2 brands: Phutari and Thought Arbitrage.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tari.co.in.
Company details
Contact details
Thought Arbitrage Research Institute's registered office is in New Delhi, Delhi. Its website is tari.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address843 Lavy Pinto Block Asian Games Village, New Delhi, Delhi, India – 110049
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Thought Arbitrage Research Institute, buy the company report.
- 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
Brands
Thought Arbitrage Research Institute operates two associated brands: Phutari and Thought Arbitrage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells hand-block printed apparel, accessories, and home items online. | phutari.co.in | |
| Research and consulting services in corporate governance, CSR, sustainability, economics, and public policy. | tari.co.in |
Business activity
The main business activity of Thought Arbitrage Research Institute is personal and household service. In detail, this covers activities of membership organisations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S1 | Activities of membership organisations |
To see the full business activity and turnover split of Thought Arbitrage Research Institute, buy the company report.
Financials of Thought Arbitrage Research Institute
FY 2024 filings availableThought Arbitrage Research Institute reported revenue of ₹85.19 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA fell 30% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.21 Lakh | ||||
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| Net Profit (PAT) | ₹2.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Thought Arbitrage Research Institute, buy the company report.
Board of directors of Thought Arbitrage Research Institute
Thought Arbitrage Research Institute has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Dutta | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Kshama Venkataramiah Kaushik Also directs: The Delhi Safe Deposit Company Limited, Think Gas Bagpat Private Limited, Aarvee Engineering Consultants Limited and 1 more | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
Auditor
Thought Arbitrage Research Institute is audited by A V RAVINDRANATH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V RAVINDRANATH & CO. | FY 2023 | 017876 |
Shareholding
The shareholding of Thought Arbitrage Research Institute is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Thought Arbitrage Research Institute, buy the company report.
Legal cases
No court or tribunal cases involving Thought Arbitrage Research Institute are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thought Arbitrage Research Institute; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thought Arbitrage Research Institute has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCT8035A1ZN | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thought Arbitrage Research Institute, buy the company report.
Recent activity
Thought Arbitrage Research Institute has 2 board changes on record since 2011: 2 appointments. The latest: Kaushik Dutta was appointed as Director on 30 Mar 2011.
Frequently asked questions
Thought Arbitrage Research Institute is an active private not for profit company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 March 2011 (15+ years old) and is registered under CIN U73100DL2011NPL216803.
Thought Arbitrage Research Institute has 2 current directors:
- Kaushik Dutta - Director
- Kshama Venkataramiah Kaushik - Director
The latest financial statements of Thought Arbitrage Research Institute 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 Thought Arbitrage Research Institute is 07AADCT8035A1ZN, registered in Delhi.
The CIN (Corporate Identification Number) of Thought Arbitrage Research Institute is U73100DL2011NPL216803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thought Arbitrage Research Institute was incorporated on 30 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Kaushik Dutta was appointed as Director on 30 Mar 2011. Kshama Venkataramiah Kaushik was appointed as Director on 30 Mar 2011.
Thought Arbitrage Research Institute can be reached through the website tari.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Thought Arbitrage Research Institute is at 843 Lavy Pinto Block Asian Games Village, New Delhi, Delhi, India – 110049.
Thought Arbitrage Research Institute operates in the travel and hospitality industry, in the consumer professional services segment.