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Precision in Cost.
Excellence in Compliance.

Leading Cost & Management Accounting Firm helping organizations strengthen costing systems, compliance frameworks, and financial performance.
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About The Firm

Gujarat Leading Firm of Cost & Management Accountants

Y S Thakar & Co. is a reputed firm of Cost & Management Accountants headquartered in Vadodara, Gujarat, delivering specialized professional services in Cost Audit, Cost Accounting, Product Costing, Internal Audit, GST Audit, Financial Compliance and Strategic Cost Management.

Established in 2011 by Mr. Yashodhar Thakar, the firm has emerged as one of the leading cost accounting firms in Gujarat — built on 18+ years of industry experience across PSUs and private manufacturing organizations after founding Y S Thakar & Associates in 2004, later elevated to the current partnership.

With deep industry knowledge, analytical expertise and a compliance-focused approach, the firm has successfully delivered 3,000+ Cost Audit Reports and numerous complex costing and financial advisory assignments — earning national-level recognition for contributions to Cost & Management Accounting in Western India.

  • SAP ERP implementation
  • ICAI registered CMA firm with national standing
  • Multi-industry expertise across manufacturing sectors
  • 4 clients recognised at national award level
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What We Do

Our Core Services

Comprehensive cost management and compliance solutions for Indian corporates.

Cost Audit & Compliance

Audit ensuring full compliance with MCA regulations and Cost Accounting Standards under Section 148, Companies Act 2013.

Product Costing & Profitability

Detailed product-wise cost analysis to identify cost drivers, optimize pricing strategy and improve profitability margins.

Cost Accounting Systems

Design and implementation of robust cost accounting frameworks aligned with best practices and SAP ERP integration.

Internal Audit & IFC

Internal audit and Internal Financial Controls evaluation to strengthen governanceframeworks and operational efficiency.

GST Audit & Advisory

GST audit and compliance related services with thorough process review and advisory support.

MIS Development & Reporting

Customized MIS frameworks for effective management reporting , operational monitoring and real-time financial insights.

Inventory & Asset Verification

Physical verification, valuation and reconciliation of inventory and fixed assets ensuring accuracy in financial reporting.

Cost-Benefit Analysis for IPO

Analytical support and cost studies for IPO planning, financial restructuring and capital market preparedness.

Sector Expertise

Industries We Serve

Deep manufacturing and sector-specific expertise across India’s core industries.

  • Pharmaceutical Industry
  • Chemical Industry
  • Engineering & Manufacturing
  • Plastics Industry
  • Fertilizer Industry
  • Steel Industry
  • Petro Chemical Industry
  • Glass Industry
  • Insecticides & Pesticides
  • FMCG Sector
  • Healthcare & Medical Sector
  • Transportation & Mobility
  • Construction & Infrastructure
  • APIs & Specialty Chemicals
  • Ores & Mineral
  • Electronic Machineries
  • Textile Industry
  • Rubber Industry

Our Team

Meet the Leadership

Decades of expertise, national-level recognition, and an unwavering commitment to client success.

Founder

Yashodhar S. Thakar

M.Com., LL.B., FCMA, CS (Inter)-Founder

Core Expertise

  • Cost Accounting & Cost Audit
  • Product Costing and Profitability Analysis
  • Management Information System (MIS) Design & Development
  • Cost Control and Cost Reduction Strategies
  • Inventory Management & Stock Valuation
  • Fixed Asset Accounting & Asset Management
  • Business Process Improvement
  • ERP (SAP) Implementation and Cost Module Integration

Partner

Santosh Jejurkar

M.Com., FCMA – Lead Partner

Core Expertise

  • Cost Audit & Cost Compliance
  • System Audit & Internal Control Evaluation
  • Management Information Systems (MIS)
  • Product Costing & Profitability Analysis
  • Budgetary Control & Cost Management
  • Costing Systems Development
  • ERP (SAP) Costing Module Implementation
  • Financial & Operational Performance Analysis

Partner

Shivam Dave

M.Com., ACMA – Lead Partner

Core Expertise

  • Cost Accounting & Cost Audit
  • Costing System Design & Implementation
  • Internal Audit & Internal Financial Controls (IFC)
  • Product Costing & Margin Analysis
  • Process Costing & Standard Costing
  • Cost Optimization & Operational Efficiency
  • Financial Reporting & Compliance
  • Cost-Benefit Analysis

Why Y S Thakar & Co.

Built on Trust, Driven by Excellence

Pillars of our commitment to every client we serve.

  • 35+ Years of leadership experience in Cost & Management Accounting.
  • 3,000+ Cost Audit Reports — consistent depth and quality.
  • Dedicated team of qualified CMA professionals.
  • Industry-specific costing expertise across 18+ sectors.
  • Timely, compliance-oriented execution every engagement.
  • SAP ERP & technology-driven analytical approach.
  • Recognised among leading CMA firms in Gujarat.
  • National-level recognition — 4 clients awarded by ICAI.

Let's Discuss Your Requirements

Whether you need services details or pricing, we’re here to help. Send us your inquiry today.