Getalong Enterprise Limited is a Mumbai-based professional services firm specializing in comprehensive tax solutions and corporate advisory. Established in **July 2020** and listed on the **BSE SME Platform** in **October 2021**, the company underwent a strategic pivot in **September 2022** to consolidate its operations. It transitioned from a multi-vertical model (Exports, Bullion, and Female Care) to focus exclusively on the **Consultancy and Tax Advisory** sector. --- ### **Strategic Pivot: From Diversified Trading to Specialized Consultancy** Following the divestment of its subsidiaries (**Rutuja Textiles** and **Adrian Trading**) in **2023**, the company operates on a standalone basis focused on services. This transition eliminated inventory risks and aligned the company with high-margin professional services. | Feature | Current Status (FY 2024-25) | Historical Context (FY 2022-23) | | :--- | :--- | :--- | | **Primary Segment** | **Tax Advisory & Compliance** | Trading, Bullion, & Consultancy | | **Subsidiaries** | **None** (Divested to align with core object) | Adrian Trading Pvt Ltd (Garments) | | **Inventory** | **Nil** (Service-based model) | Held garment/fabric inventory | | **Authorized Capital** | **₹30.00 Crore** (as of Dec 2024) | ₹3.00 Crore | --- ### **Core Service Portfolio & Market Positioning** The company provides a comprehensive suite of **Taxation, Compliance, and Financial Advisory** services primarily targeting **MSMEs**, corporate entities, and individual taxpayers. The service portfolio is structured to cover the entire business lifecycle: * **Taxation & Compliance Services:** * **Income Tax:** Assisted **ITR Filing**, **TDS returns**, and procurement of **Lower Deduction Certificates**. * **GST Services:** Monthly/Quarterly **GST return filing**, processing **GST refunds**, **LUT Applications**, and amendments. * **PAN/TAN Services:** Authorized **Protean (formerly NSDL)** center for new applications and corrections. * **Corporate & Business Setup:** * **Entity Formation:** Incorporation of **Pvt. Ltd.**, **Public Ltd.**, **LLP**, and **Partnership Firms**. * **Registrations:** **Udyam Aadhaar**, **IEC (Import Export Code)**, and **Trade-Mark** applications. * **Advisory & Management Consultancy:** * **Tax Planning:** Strategies to **minimize tax liability** and advice on **tax-saving investments**. * **Financial Strategy:** Services including **Budgeting**, **Long-term planning**, and **Project Finance**. * **Accounting:** Specialized **Book-keeping services** tailored for the **MSME sector**. * **Litigation & Representation:** * Handling **Income Tax Assessments** and **GST Business Audits**; representing clients in **Appeals** before regulatory authorities. * **Allied Professional Services:** * Issuance of **Digital Signatures (DSC)**, **Export Documentation** (**ROSCTL/RODTEP**), and drafting of legal documents like **Deeds and Wills**. --- ### **Technology-Led Growth Strategy & "Tax Wit" Platform** The company is transitioning from traditional, high-cost manual accounting to a technology-led service model. * **AI Integration:** Developing proprietary AI-powered platforms to provide "nudges" and real-time tax optimization. * **'Tax Wit' Application:** A mobile application designed for individual taxpayers, scheduled for launch in **Q4 FY 2024-25**. * **E-Return Intermediary (ERI):** As of **January 16, 2025**, the company is an authorized **ERI** under the Income Tax Department of India, allowing for secure, direct electronic filing. * **Infrastructure Expansion:** Acquisition of new office premises at **'The Metropole' (Units 901, 910, 911)** with possession received in **January 2025** to support a new branch office. --- ### **Capital Structure & Strategic Investments** To fund its digital roadmap and improve market liquidity, the company has undertaken significant corporate actions: * **Stock Split:** Sub-division of every **1** equity share (Face Value **₹10**) into **10** equity shares (Face Value **₹1**) effective **January 02, 2025**. * **Fundraising:** * **Feb 2025:** Approved raising up to **₹2.90 Crores** via **11,60,000** shares at **₹25/share**. * **Oct 2023:** Allotted **1,71,600** shares (pre-split) to non-promoters, raising **₹2.67 Crores**. * **Strategic Equity Holdings:** The company is consolidating its position in the packaging ecosystem through **Osiyaa Polypacks Limited**: * **Oct 2025:** Initial acquisition of **14.58%** stake (**7,29,000 shares**) at **₹10/share**. * **Mar 2026:** Approved investment to reach an aggregate holding of **18.71%** (**10,29,000 shares**). * **Related Party Transaction:** A material transaction limit of up to **₹20 crore** was proposed in **2025** for **Osiyaa Polypacks Limited** for operational purposes. --- ### **Financial Performance Analysis** The company has shown revenue growth in its core consultancy segment, though it remains in a transition phase regarding net profitability. | Particulars (INR Crore) | FY 2024-25 | FY 2023-24 | FY 2022-23 | | :--- | :---: | :---: | :---: | | **Total Revenue** | **2.13** | **1.70** | **0.91** | | **Operating Profit** | **1.87** | **1.65** | **0.34** | | **Net Profit / (Loss)** | **(1.85)** | **(1.90)** | **0.59** | | **Net Worth** | **11.82** | **9.99** | **9.21** | * **Liquidity:** Cash and bank balances increased significantly to **₹86.80 Lakhs** in FY25 from **₹1.32 Lakhs** in FY24. * **Taxation:** The company utilized **carried forward business losses** from FY24 to offset income tax liabilities for the nine-month period ending December 2024. * **Receivables:** Totaled **₹34.04 Lakhs** in FY25, with **₹25.62 Lakhs** relating to **discontinued operations** expected to be realized within the current year. --- ### **Market Drivers & Risk Assessment** The company’s growth is tied to the formalization of the Indian economy and the rise in ITR filings, which grew **36%** over the last five years to **9.19 crore** in FY 2024-25. **Key Risks:** * **Market Size:** The primary constraint is the small base of income taxpayers in India (**<7%** of the population). * **Cybersecurity:** Potential for **data breaches** involving sensitive financial information could lead to legal liabilities. * **Credit Risk:** Exposure to **default on receivables**, particularly from the **IT industry** and potential customer insolvency. * **Competition:** The entrance of new digital-first players may pressure pricing and market share. * **Financial Viability:** While audits indicate the ability to meet liabilities for the next **12 months**, long-term discharge of liabilities remains subject to market conditions.