MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0047391
Yg Research India Private Limited
Yg Research India Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹123.84 Cr
▲ 16% YoY
Net profit · FY 2025
₹10.01 Cr
Net margin 8.1%
EBITDA · FY 2025
₹16.57 Cr
EBITDA margin 13.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
517
Provident fund records
Directors on board
2
As per MCA filings
About Yg Research India Private Limited
Data last updated:
Yg Research India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of You Gov Plc Uk. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 15 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017FTC302909. Its GSTIN is 27AAACY9509M1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Yashwin Yajnanarayan Pangal and Sainath Namdev Chander.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at International Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹123.84 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹10.01 Cr (net margin 8.1%) and EBITDA of ₹16.57 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 40% over five years.
The company has about 517 employees on its provident fund (EPFO) records.
The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 9 overdue payments to 2 micro and small suppliers.
Yg Research India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0047391). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017FTC302909
Registration Number 302909
Incorporation Date 15 December 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company You Gov Plc Uk
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0047391
Recognitions & Rankings of Yg Research India
Contact details
Yg Research India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address46th Floor Oberoi Commerz III, International Business Park Oberoi Garden City, Mumbai, Maharashtra, India – 400063
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Yg Research India Private Limited, buy the company report.
Comprehensive company report
Yg Research India 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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Business activity
The main business activity of Yg Research India is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Yg Research India Private Limited, buy the company report.
Financials of Yg Research India Private Limited
FY 2025 filings availableYg Research India Private Limited reported revenue of ₹123.84 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹123.84 Cr ▲ 16%
Net profit · FY 2025
₹10.01 Cr margin 8.1%
EBITDA · FY 2025
₹16.57 Cr margin 13.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 26%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 21%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 16% growth in the latest year. EBITDA rose 18% 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 | ₹16.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.01 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 |
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| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Yg Research India Private Limited, buy the company report.
Board of directors of Yg Research India Private Limited
Yg Research India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwin Yajnanarayan Pangal | Director | 16 Mar 2023 | 3 Years 7 Months | Current |
| Sainath Namdev Chander | Director | 18 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Yg Research India Private Limited is audited by H. K. KHANNA & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. K. KHANNA & Co. | FY 2023 | 000575N |
Shareholding
The shareholding of Yg Research India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yg Research India Private Limited, buy the company report.
Deals & funding
Yg Research India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: YouGov PLC UK & Tilly Claire Heald Seller: Yougov Plc Uk |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Yougov Plc Uk Seller: Yougov, PLC & Kailash Shrchand Nagdev |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Yg Research India 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
Yg Research India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 9 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Internet Research Bureau Private Limited |
To see the full MSME payment records of Yg Research India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Yg Research India Private Limited has a workforce of 517 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
517
Active EPFO establishments
1
Employee growth
21.08%
GST
Yg Research India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY9509M1ZP | Maharashtra | Active | 23 Jan 2018 |
| 29AAACY9509M1ZL | Karnataka | Active | 27 Dec 2019 |
To see the full GST registrations and return filing status of Yg Research India Private Limited, buy the company report.
Recent activity
Yg Research India Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Yashwin Yajnanarayan Pangal ceased to be Director on 28 Nov 2025.
Ceased
Yashwin Yajnanarayan Pangal ceased to be Director.
AGM
Yg Research India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Sainath Namdev Chander ceased to be Additional Director.
Filing
Yg Research India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Sainath Namdev Chander was appointed as Director.
Ceased
Rahul Aggarwal ceased to be Director.
Appointed
Yashwin Yajnanarayan Pangal was appointed as Director.
Ceased
Deepa Bhatia ceased to be Additional Director.
Ceased
Sundip Singh Chahal ceased to be Additional Director.
Ceased
Kailash Shrchand Nagdev ceased to be Director.
Incorporation
15 Dec 2017
Yg Research India Private Limited was registered on 15 Dec 2017 with Roc Mumbai & aged 8 years 10 months as per MCA records.
Frequently asked questions
Yg Research India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 15 December 2017 (9+ years old) and is registered under CIN U74999MH2017FTC302909.
Yg Research India has 2 current directors:
- Yashwin Yajnanarayan Pangal - Director
- Sainath Namdev Chander - Director
The latest financial statements of Yg Research India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Yg Research India is 27AAACY9509M1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACY9509M1ZL (Karnataka).
The CIN (Corporate Identification Number) of Yg Research India is U74999MH2017FTC302909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yg Research India was incorporated on 15 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Yg Research India has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Yashwin Yajnanarayan Pangal ceased to be Director on 28 Nov 2025. Sainath Namdev Chander ceased to be Additional Director on 24 Sep 2025. Sainath Namdev Chander was appointed as Director on 18 Feb 2025. Yg Research India has 8 board changes on record in total.
Yes, Yg Research India is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0047391).
Yg Research India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Yg Research India is at 46th Floor Oberoi Commerz III, International Business Park Oberoi Garden City, Mumbai, Maharashtra, India – 400063.
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