MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0047897
Be Groups Labour Contract Private Limited
Be Groups Labour Contract Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.24 Cr
▲ 10% YoY
Net profit · FY 2024
₹35.43 Lakh
Net margin 3.8%
EBITDA · FY 2024
₹35.43 Lakh
EBITDA margin 3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
299
Provident fund records
Directors on board
4
As per MCA filings
About Be Groups Labour Contract Private Limited
Data last updated:
Be Groups Labour Contract Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 19 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC112068. Its GSTIN is 33AAGCB8791G2ZF (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Balu Jesu Balan and Balu Josepaul.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.24 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹35.43 Lakh (net margin 3.8%) and EBITDA of ₹35.43 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 84% over five years.
The company has about 299 employees on its provident fund (EPFO) records.
Be Groups Labour Contract Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0047897). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Be Groups Labour Contract Private Limited
CIN U74999TN2016PTC112068
Registration Number 112068
Incorporation Date 19 August 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0047897
Recognitions & Rankings of Be Groups Labour Contract
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No.372 10th Cross Street Viduthalai Nagar Radial Road Kovilamba, Kkam, Chennai, Tamil Nadu, India – 600129
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Business Activity of Be Groups Labour Contract Private Limited
The main business activity of Be Groups Labour Contract is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Be Groups Labour Contract Private Limited FY 2024 filings available
Be Groups Labour Contract Private Limited reported revenue of ₹9.24 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹9.24 Cr ▲ 10%
Net profit · FY 2024
₹35.43 Lakh margin 3.8%
EBITDA · FY 2024
₹35.43 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR) of Be Groups Labour Contract Private Limited
Revenue CAGR growth
1 year
▲ 10%
5 years · compounded
▲ 84%
EBITDA CAGR growth
1 year
▲ 16%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 10% growth in the latest year. EBITDA rose 16% 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 of Be Groups Labour Contract Private Limited
| 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 | ₹35.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.43 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 of Be Groups Labour Contract Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Be Groups Labour Contract are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Be Groups Labour Contract Private Limited
Be Groups Labour Contract has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balu Jesu Balan Also directs: J J Homes & Stay Private Limited | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
| Balu Josepaul Also directs: J J Homes & Stay Private Limited | Director | 23 Nov 2019 | 6 Years 10 Months | Current |
| Sudalai Balu | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
| Balu Pushpa | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
Peer Comparison of Be Groups Labour Contract Private Limited
Be Groups Labour Contract Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sun Outsource Consultancy Private Limited | ₹9.25 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Dehradun, Uttarakhand, India |
| Cpi Data Services (India) Private Limited | ₹9.24 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Bluebells Technosolutions Private Limited | ₹9.24 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | New Delhi, Delhi, India |
| Acceligent Business Solutions Private Limited | ₹9.24 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Mumbai, Maharashtra, India |
| Techbliss Digital Solution Private Limited | ₹9.24 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Be Groups Labour Contract Private Limited this company | ₹9.24 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Shivangani Skill Development & Services Private Limited | ₹9.23 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Kanpur, Uttar Pradesh, India |
| Talentonlease Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Noida, Uttar Pradesh, India |
| Shivalik Facility Management Private Limited | ₹9.21 Cr (FY 2024) | •••• | •••• | 126.0% | •••• | Noida, Uttar Pradesh, India |
| Spacex Manpower Services Private Limited | ₹9.2 Cr (FY 2024) | •••• | •••• | 101.0% | •••• | Delhi, India |
| VS Security & Systems Private Limited | ₹9.18 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below Be Groups Labour Contract by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Be Groups Labour Contract Private Limited
Be Groups Labour Contract Private Limited is audited by TNR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TNR & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Be Groups Labour Contract Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Be Groups Labour Contract Private Limited
Be Groups Labour Contract Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Be Groups Labour Contract Private Limited
Be Groups Labour Contract Private Limited has a workforce of 299 employees as of Mar 22, 2024.
Employee count
299
Active EPFO establishments
1
Employee growth
-19.84%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Be Groups Labour Contract Private Limited
Be Groups Labour Contract Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Balu Josepaul was appointed as Director on 23 Nov 2019.
AGM
Be Groups Labour Contract Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Be Groups Labour Contract Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Balu Josepaul was appointed as Director.
Appointed
Balu Jesu Balan was appointed as Director.
Appointed
Balu Pushpa was appointed as Director.
Appointed
Sudalai Balu was appointed as Director.
Incorporation
19 Aug 2016
Be Groups Labour Contract Private Limited was registered on 19 Aug 2016 with Roc Chennai & aged 10 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Be Groups Labour Contract Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Be Groups Labour Contract Private Limited
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Subsidiaries & Group Companies of Be Groups Labour Contract Private Limited
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GST Compliance of Be Groups Labour Contract Private Limited
Be Groups Labour Contract has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCB8791G2ZF | Tamil Nadu | Active | 29 May 2018 |
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MCA Filings & Documents of Be Groups Labour Contract Private Limited
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Frequently Asked Questions about Be Groups Labour Contract Private Limited
Be Groups Labour Contract is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 19 August 2016 (10+ years old) and is registered under CIN U74999TN2016PTC112068.
Be Groups Labour Contract reported revenue of ₹9.24 Cr for FY 2024 (up 10% YoY).
Be Groups Labour Contract has 4 current directors:
- Balu Jesu Balan - Director
- Balu Josepaul - Director
- Sudalai Balu - Director
- Balu Pushpa - Director
Be Groups Labour Contract reported a net profit of ₹35.43 Lakh (net margin 3.8%) and EBITDA of ₹35.43 Lakh (EBITDA margin 3.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Be Groups Labour Contract is 84% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Be Groups Labour Contract is 33AAGCB8791G2ZF, registered in Tamil Nadu. 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 Be Groups Labour Contract is U74999TN2016PTC112068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Be Groups Labour Contract was incorporated on 19 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Be Groups Labour Contract by revenue are Sun Outsource Consultancy Private Limited, Cpi Data Services (India) Private Limited, Bluebells Technosolutions Private Limited, Acceligent Business Solutions Private Limited, Techbliss Digital Solution Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Balu Josepaul was appointed as Director on 23 Nov 2019. Balu Jesu Balan was appointed as Director on 07 Jun 2018. Balu Pushpa was appointed as Director on 19 Aug 2016. Be Groups Labour Contract has 4 board changes on record in total.
Yes, Be Groups Labour Contract is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0047897).