
Utkarsha Enterprises Private Limited
About Utkarsha Enterprises Private Limited
Data last updated:
Utkarsha Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 01 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1990PTC058371. Its GSTIN is 27AAACU5210B2ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Pravin Kashinath Kanvinde and Kiran Madhusudan Gokhale.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.08 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹10.94 Lakh (net margin 21.8%) and EBITDA of ₹15.06 Lakh (EBITDA margin 30.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Utkarsha Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBlock No.103 1st Floor Plot No. 303 Savtale House Dr R N Bhaindarkar Marg Kabutarkhana Da, Dar (West), Mumbai, Maharashtra, India – 400028
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Utkarsha Enterprises Private Limited, 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
Business activity
The main business activity of Utkarsha Enterprises is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Utkarsha Enterprises Private Limited, buy the company report.
Financials of Utkarsha Enterprises Private Limited
FY 2024 filings availableUtkarsha Enterprises Private Limited reported revenue of ₹50.08 Lakh (up 150% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 150% growth in the latest year. EBITDA rose 811% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹15.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.94 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.1% | ||||
| Net Profit Margin | 21.8% | ||||
| 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 Utkarsha Enterprises Private Limited, buy the company report.
Board of directors of Utkarsha Enterprises Private Limited
Utkarsha Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Kashinath Kanvinde | Director | 28 Mar 2007 | 19 Years 7 Months | Current |
| Kiran Madhusudan Gokhale | Director | 03 Jun 2019 | 7 Years 5 Months | Current |
Auditor
Utkarsha Enterprises Private Limited is audited by SHETTY NAIK & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHETTY NAIK & ASSOCIATES | FY 2019 | 124851W |
Shareholding
The shareholding of Utkarsha Enterprises Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Utkarsha Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2014 | 10546181 | Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Utkarsha Enterprises Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Utkarsha Enterprises Private Limited 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 Utkarsha Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utkarsha Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU5210B2ZX | Maharashtra | Active | 25 Sep 2018 |
To see the full GST registrations and return filing status of Utkarsha Enterprises Private Limited, buy the company report.
Recent activity
Utkarsha Enterprises Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Kiran Madhusudan Gokhale ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Utkarsha Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 01 October 1990 (36+ years old) and is registered under CIN U51900MH1990PTC058371.
Utkarsha Enterprises has 2 current directors:
- Pravin Kashinath Kanvinde - Director
- Kiran Madhusudan Gokhale - Director
The latest financial statements of Utkarsha Enterprises 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 Utkarsha Enterprises is 27AAACU5210B2ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Utkarsha Enterprises is U51900MH1990PTC058371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkarsha Enterprises was incorporated on 01 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Kiran Madhusudan Gokhale ceased to be Additional Director on 30 Sep 2019. Kiran Madhusudan Gokhale was appointed as Director on 03 Jun 2019. Laxman Nana Patil ceased to be Director on 03 Jun 2019. Utkarsha Enterprises has 4 board changes on record in total.
The registered office of Utkarsha Enterprises is at Block No.103 1st Floor Plot No. 303 Savtale House Dr R N Bhaindarkar Marg Kabutarkhana Da, Dar West, Mumbai, Maharashtra, India – 400028.
Utkarsha Enterprises operates in the business outsourcing industry, in the business process outsourcing segment.
Utkarsha Enterprises has no open charges and satisfied charges of ₹1.5 Cr as per latest MCA filings.

