Citicom Outsource Private Limited
About Citicom Outsource Private Limited
Data last updated:
Citicom Outsource Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the support services segment of the services sector. It was incorporated on 24 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC239093. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachitanand Krishna Shetty and Sanjay Shantaram Karjavkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 5 1st Floor Aurum Enclave Nehru Road Vakola Santacruz East, Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.1 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹4,925 (net margin -1%) and EBITDA of -₹4,169 (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressA – 5 1st Floor Aurum Enclave Nehru Road Vakola Santacruz East, Mumbai, Maharashtra, India – 400055
- IndustryService, Other Support Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Citicom Outsource is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Citicom Outsource Private Limited
FY 2025 filings availableCiticom Outsource Private Limited reported revenue of ₹5.1 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 16% fall in the latest year. EBITDA fell 249% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹4,169 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹4,925 | |
| 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.8% | |
| Net Profit Margin | -1% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Citicom Outsource are in the company report.
: available in the company report
Board of Directors of Citicom Outsource Private Limited
Citicom Outsource has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachitanand Krishna Shetty | Director | 14 Jan 2017 | 9 Years 9 Months | Current |
| Sanjay Shantaram Karjavkar | Director | 14 Jan 2017 | 9 Years 9 Months | Current |
Peer Comparison
Citicom Outsource Private Limited is compared with the companies closest to it by revenue in the same principal business activity (office administrative, office support and other business support activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PNS Serving Hub Private Limited | ₹5.14 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Gurgaon, Haryana, India |
| Advitiya Staff Solution Private Limited | ₹5.13 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Steel Drum Association of India | ₹5.12 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Citrine Fynamics Management Private Limited | ₹5.11 Lakh (FY 2025) | •••• | •••• | 85.0% | •••• | Nagpur, Maharashtra, India |
| A Little Big Entertainment Private Limited | ₹5.1 Lakh (FY 2024) | •••• | •••• | 920.0% | •••• | Mumbai, Maharashtra, India |
| Citicom Outsource Private Limited this company | ₹5.1 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Orizon Staffing (OPC) Private Limited | ₹5.1 Lakh (FY 2024) | •••• | •••• | •••• | Patna, Bihar, India | |
| Shree Jagdish Edu Tech Private Limited | ₹5.1 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Rewari, Haryana, India |
| Aurumveda Health Private Limited | ₹5.07 Lakh (FY 2025) | •••• | •••• | 347.0% | •••• | Hyderabad, Telangana, India |
| Jagdusha Enterprise Private Limited | ₹5.05 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Simpleton Multitrade Private Limited | ₹5.04 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Citicom Outsource by revenue, above and below it, in the same principal business activity (office administrative, office support and other business support activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Citicom Outsource Private Limited is audited by MAAS & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAAS & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Citicom Outsource Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Citicom Outsource.
: available in the company report
Recent Activity
Citicom Outsource Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Sachitanand Krishna Shetty ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Citicom Outsource has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Citicom Outsource is an active private limited company based in Mumbai, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 24 December 2012 (14+ years old) and is registered under CIN U74120MH2012PTC239093.
Citicom Outsource has 2 current directors:
- Sachitanand Krishna Shetty - Director
- Sanjay Shantaram Karjavkar - Director
The latest financial statements of Citicom Outsource on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Citicom Outsource has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Citicom Outsource is U74120MH2012PTC239093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citicom Outsource was incorporated on 24 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Citicom Outsource by revenue are PNS Serving Hub Private Limited, Advitiya Staff Solution Private Limited, Steel Drum Association of India, Citrine Fynamics Management Private Limited, A Little Big Entertainment Private Limited and 5 more, all in the same principal business activity (office administrative, office support and other business support activities).
Sachitanand Krishna Shetty ceased to be Additional Director on 30 Nov 2021. Sanjay Shantaram Karjavkar ceased to be Additional Director on 30 Nov 2021. Nagesh Krishna Shetty ceased to be Director on 23 Jan 2017. Citicom Outsource has 6 board changes on record in total.
The registered office of Citicom Outsource is at A – 5 1st Floor Aurum Enclave Nehru Road Vakola Santacruz East, Mumbai, Maharashtra, India – 400055.
Citicom Outsource operates in the service industry, in the other support services segment.
The compliance status of Citicom Outsource is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.