MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0019847
Practus Advisors Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.69 Cr
▼ 6% YoY
Net loss · FY 2025
₹1.97 Cr
Net margin -4.6%
EBITDA · FY 2025
-₹1.44 Cr
EBITDA margin -3.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Satisfied charges
₹1.5 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
31
Provident fund records
About Practus Advisors Private Limited
Data last updated:
Practus 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 28 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2007PTC170400. Its GSTIN is 27AAACW7078D1Z6 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as Wealth Tree Advisors Private Limited. It is led by directors including Deepak Narayanan and Monik Sameer Koticha.
Its last annual general meeting (AGM) was held on 26 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 ₹42.69 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -4.6%) and EBITDA of -₹1.44 Cr (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 31 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: WealthTree. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.21 Cr; the latest was in August 2021. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 16 overdue payments to 7 micro and small suppliers.
Practus Advisors Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019847). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealthtree.in.
Company details
CIN U74110MH2007PTC170400
Registration Number 170400
Incorporation Date 28 April 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0019847
CIN history
Practus Advisors has one previous CIN (Corporate Identification Number): U65910MH2007PTC170400. The current CIN is U74110MH2007PTC170400, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2007PTC170400 | Current |
| U65910MH2007PTC170400 | Previous |
Recognitions & Rankings of Practus Advisors
Contact details
Practus Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is wealthtree.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address512 A Wing The Capital G – Block Bandra Kurla Complex, Behind Icici Bank Plot – C70 Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Practus Advisors Private Limited, buy the company report.
Comprehensive company report
Practus 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
Practus Advisors operates one associated brand: WealthTree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive design and engineering services are provided to OEMs. | wealthtree.in |
Business activity
The main business activity of Practus Advisors is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Practus Advisors Private Limited, buy the company report.
Financials of Practus Advisors Private Limited
FY 2025 filings availablePractus Advisors Private Limited reported revenue of ₹42.69 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹42.69 Cr ▼ 6%
Net loss · FY 2025
₹1.97 Cr margin -4.6%
EBITDA · FY 2025
-₹1.44 Cr margin -3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▼ 140%
5 years · compounded
▼ 30%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 71% 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 | -₹1.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.97 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -4.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Practus Advisors Private Limited, buy the company report.
Board of directors of Practus Advisors Private Limited
Practus Advisors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Narayanan | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Monik Sameer Koticha Also directs: Practus Business Transformation Private Limited, Practus Professional Services Private Limited, Sanctum Foundation and 5 more | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Srinivasan Venkataraman Also directs: Ivrcl Chengapalli Tollways Limited, Moneytree Advisors Private Limited, Practus Business Transformation Private Limited and 2 more | Director | 28 Apr 2007 | 19 Years 6 Months | Current |
Auditor
Practus Advisors Private Limited is audited by APMH & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APMH & ASSOCIATES LLP | FY 2023 | 102699W/W100142 |
Shareholding
The shareholding of Practus Advisors 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Practus Advisors Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2019 | 100304501 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Practus Advisors Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Practus Advisors Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.21 Cr; the latest was in August 2021.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹6.21 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2015 | Funding round · Series A | ₹6.21 Cr | Investors: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Practus Advisors Private Limited has 5 court cases on record: 5 filed by Practus Advisors. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against Agile Financial Technologies Pvt. Ltd. Cin No. U72900mh2008ptc200402 | Disposed |
| Bombay High Court | Company petition | Filed by the company against Sharepro Services (India) Private Limited Cin U67120mh2004ptc148994 | Disposed |
| Bombay High Court | Company petition | Filed by the company against B. E. Billimoria and Company Ltd. Cin No. U45200mh1962plc012268 | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Equity Capital Advisors | Pending |
| High Court, TAMIL NADU | Company petition | Filed by the company against Infinitas Energy Solutions | Disposed |
To see the full case history of Practus Advisors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Practus Advisors Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 16 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Generation Next Business Consulting | |||
| KP Capital Advisors Private Limited | |||
| an individual supplier | |||
| Harrier Information Systems Private Limited | |||
| A P Doshi |
To see the full MSME payment records of Practus Advisors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Practus Advisors has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Practus Business Transformation Private Limited | U74999MH2019PTC330031 | |
| Practus Professional Services Private Limited | U74999MH2021PTC366842 |
To see the full group structure of Practus Advisors Private Limited, buy the company report.
Employees & EPFO
Practus Advisors Private Limited has a workforce of 31 employees on its EPFO records as of Oct 19, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-60.26%
GST
Practus Advisors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7078D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Practus Advisors Private Limited, buy the company report.
Recent activity
Practus Advisors Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Monik Sameer Koticha was appointed as Director on 01 Jul 2015.
AGM
Practus Advisors Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Practus Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 15 Oct 2019 via Charge ID 100304501 with Hdfc Bank Limited was fully satisfied on 07 Jan 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 150.00 Lakh registered on 15 Oct 2019 with Charge ID 100304501 was modified on 16 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100304501 was registered on 15 Oct 2019.
Appointed
Monik Sameer Koticha was appointed as Director.
Ceased
Odaiyalur Venkataraman Srinivasan ceased to be Director.
Ceased
Sarala Srinivasan ceased to be Director.
Appointed
Deepak Narayanan was appointed as Director.
Appointed
Srinivasan Venkataraman was appointed as Director.
Incorporation
28 Apr 2007
Practus Advisors Private Limited was registered on 28 Apr 2007 with Roc Mumbai I & aged 19 years 6 months as per MCA records.
Frequently asked questions
Practus 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 28 April 2007 (19+ years old) and is registered under CIN U74110MH2007PTC170400.
Practus Advisors has 3 current directors:
- Deepak Narayanan - Director
- Monik Sameer Koticha - Director
- Srinivasan Venkataraman - Director
The latest financial statements of Practus Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Practus Advisors is 27AAACW7078D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Practus Advisors is U74110MH2007PTC170400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Practus Advisors has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the high courts.
Practus Advisors was incorporated on 28 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Practus Advisors has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.21 Cr; the latest was in August 2021.
Monik Sameer Koticha was appointed as Director on 01 Jul 2015. Odaiyalur Venkataraman Srinivasan ceased to be Director on 09 Jun 2015. Sarala Srinivasan ceased to be Director on 09 Jun 2015. Practus Advisors has 5 board changes on record in total.
Yes, Practus Advisors is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0019847).
Practus Advisors has 5 MSME Form 1 returns on record between 2019 and 2022, listing 16 overdue payments to 7 micro and small suppliers. The latest return was filed on 09 Nov 2022.