Trustworthy Advisors Private Limited

Trustworthy Advisors Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2016PTC282906 Incorporated 27 June 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹42.7 Lakh
▼ 69% YoY
Net profit · FY 2024
₹2.08 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹4.62 Lakh
EBITDA margin 10.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Trustworthy Advisors Private Limited

Data last updated:

Trustworthy Advisors 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 27 June 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC282906. Its GSTIN is 27AAFCT8183M1ZL (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Kanchan Kumar and Saurabh Kumar.

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 Seacroft Building Flat 404 1st Floor 104 – Wodehouse Road Colaba, Mumbai, Maharashtra, India – 400005.

As per the financials filed for FY 2024, the company reported a revenue of ₹42.7 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Lakh (net margin 4.9%) and EBITDA of ₹4.62 Lakh (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 4% over five years.

The company is associated with 1 brand: Trustworthy Advisors.

Trustworthy Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0057413). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mytrustworthyadvisors.com.

Company details

CIN U74999MH2016PTC282906
Registration Number 282906
Incorporation Date 27 June 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0057413

Recognitions & Rankings of Trustworthy Advisors

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0057413

Contact details

Trustworthy Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is mytrustworthyadvisors.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Seacroft Building Flat 404 1st Floor 104 – Wodehouse Road Colaba, Mumbai, Maharashtra, India – 400005
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Trustworthy Advisors Private Limited, buy the company report.

Comprehensive company report
Trustworthy Advisors 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

Trustworthy Advisors operates one associated brand: Trustworthy Advisors. Each brand links to its own profile.

BrandDescriptionWebsite
Consulting services in oil and gas, funding projects, and personal finance advisory.mytrustworthyadvisors.com

Business activity

The main business activity of Trustworthy Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

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

Financials of Trustworthy Advisors Private Limited

FY 2025 filings available

Trustworthy Advisors Private Limited reported revenue of ₹42.7 Lakh (down 69% YoY) for FY 2024.

Revenue · FY 2024
₹42.7 Lakh ▼ 69%
Net profit · FY 2024
₹2.08 Lakh margin 4.9%
EBITDA · FY 2024
₹4.62 Lakh margin 10.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▲ 92%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 211%
5 years · compounded
▼ 2%

Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 11% 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 2020-21FY 2019-20
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₹4.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.08 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 2020-21FY 2019-20
Profitability
EBITDA Margin10.8%
Net Profit Margin4.9%
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 Trustworthy Advisors Private Limited, buy the company report.

Board of directors of Trustworthy Advisors Private Limited

Trustworthy Advisors has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kanchan KumarDirector27 Jun 201610 Years 3 MonthsCurrent
Saurabh KumarDirector27 Jun 201610 Years 3 MonthsCurrent

Auditor

Trustworthy Advisors Private Limited is audited by SUNDERESAN AIYER R & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SUNDERESAN AIYER R & COFY 2019110564W

Shareholding

The shareholding of Trustworthy Advisors Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Trustworthy Advisors Private Limited, buy the company report.

MSME payment delays

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

GST

Trustworthy Advisors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCT8183M1ZLMaharashtraActive20 Nov 2018

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

Recent activity

Trustworthy Advisors Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kanchan Kumar was appointed as Director on 27 Jun 2016.

AGM
Trustworthy Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Trustworthy Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Kanchan Kumar was appointed as Director.
Appointed
Saurabh Kumar was appointed as Director.
Incorporation
27 Jun 2016
Trustworthy Advisors Private Limited was registered on 27 Jun 2016 with Roc Mumbai I & aged 10 years 4 months as per MCA records.

Frequently asked questions

Trustworthy Advisors 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 27 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282906.

Trustworthy Advisors has 2 current directors:

The latest financial statements of Trustworthy Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Trustworthy Advisors is 27AAFCT8183M1ZL, registered in Maharashtra.

The CIN (Corporate Identification Number) of Trustworthy Advisors is U74999MH2016PTC282906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Trustworthy Advisors was incorporated on 27 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Kanchan Kumar was appointed as Director on 27 Jun 2016. Saurabh Kumar was appointed as Director on 27 Jun 2016.

Yes, Trustworthy Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0057413).

Trustworthy Advisors can be reached through the website mytrustworthyadvisors.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Trustworthy Advisors is at Seacroft Building Flat 404 1st Floor 104 – Wodehouse Road Colaba, Mumbai, Maharashtra, India – 400005.