About CMS Marshall Limited
Data last updated:
CMS Marshall Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Cms Securitas Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46711MH2006PLC158878. Its GSTIN is 27AACCC7928C1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Anush Vijaya Raghavan and Pankaj Khandelwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹86.7 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹92.1 Lakh (net margin 1.1%) and EBITDA of ₹1.34 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cms.com.
Company details
CIN history
CMS Marshall has one previous CIN (Corporate Identification Number): U46711MH2006PTC158878. The current CIN is U46711MH2006PLC158878, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46711MH2006PLC158878 | Current |
| U46711MH2006PTC158878 | Previous |
Contact details
CMS Marshall Limited's registered office is in Mumbai, Maharashtra. Its website is cms.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No. 201& 202 2nd Floor Eco Star Vishveshwar Nagar Off. Aarey Road Churi Wadi Gore, Gaon East, Mumbai, Maharashtra, India – 400063
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of CMS Marshall Limited, buy the company report.
- 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
Business activity
The main business activity of CMS Marshall is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of CMS Marshall Limited, buy the company report.
Financials of CMS Marshall Limited
FY 2025 filings availableCMS Marshall Limited reported revenue of ₹86.7 Cr (up 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 25% growth in the latest year. EBITDA rose 126% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92.1 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of CMS Marshall Limited, buy the company report.
Board of directors of CMS Marshall Limited
CMS Marshall has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anush Vijaya Raghavan Also directs: Roboware Technologies LLP, Quality Logistics Services Private Limited, CMS Securitas Limited and 2 more | Director | 23 May 2021 | 5 Years 5 Months | Current |
| Pankaj Khandelwal Also directs: Quality Logistics Services Private Limited, CMS Securitas Limited, Securitrans India Private Limited and 2 more | Director | 27 Aug 2015 | 11 Years 2 Months | Current |
| Sanjay Singh Also directs: CMS Securitas Limited, Nextedge Consulting LLP | Director | 25 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
CMS Marshall Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manmachine Management Private Limited | ₹86.93 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| CMS Marshall Limitedthis company | ₹86.7 Cr (FY 2023) | ₹92.1 Lakh | 1.1% | 25.0% | Mumbai, Maharashtra, India | |
| Gaur Industrial Services Private Limited | ₹86.62 Cr (FY 2025) | 27.0% | Gurgaon, Haryana, India | |||
| Tempindia Staffing Services Private Limited | ₹85.69 Cr (FY 2024) | 17.0% | Gurgaaon, Haryana, India | |||
| Mits Global Consulting Private Limited | ₹84.64 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of CMS Marshall Limited, buy the company report.
Auditor
CMS Marshall Limited is audited by BASANT JAIN & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASANT JAIN & ASSOCIATES LLP | FY 2022 | 120131W/W100303 |
Shareholding
The shareholding of CMS Marshall Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CMS Marshall Limited, buy the company report.
Legal cases
CMS Marshall Limited has 2 court cases on record: 1 filed by CMS Marshall, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of CMS Marshall Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for CMS Marshall Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
CMS Marshall has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC7928C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of CMS Marshall Limited, buy the company report.
Recent activity
CMS Marshall Limited has 16 board changes on record since 2009: 3 appointments and 13 cessations. The latest: Sanjay Singh ceased to be Additional Director on 28 Sep 2022.
7 earlier events are in the company report.
News
Frequently asked questions
CMS Marshall is an active public limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 January 2006 (20+ years old) and is registered under CIN U46711MH2006PLC158878.
CMS Marshall has 3 current directors:
- Anush Vijaya Raghavan - Director
- Pankaj Khandelwal - Director
- Sanjay Singh - Director
The latest financial statements of CMS Marshall 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.
The GSTIN of CMS Marshall is 27AACCC7928C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of CMS Marshall is U46711MH2006PLC158878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CMS Marshall has 2 court cases on record: 1 filed by the company and 1 filed against it.
CMS Marshall was incorporated on 13 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of CMS Marshall by revenue are Manmachine Management Private Limited, Gaur Industrial Services Private Limited, Tempindia Staffing Services Private Limited, Mits Global Consulting Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Sanjay Singh ceased to be Additional Director on 28 Sep 2022. Rajiv Kaul ceased to be Director on 25 Oct 2021. Sanjay Singh was appointed as Director on 25 Oct 2021. CMS Marshall has 16 board changes on record in total.
CMS Marshall can be reached through the website cms.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of CMS Marshall is at Unit No. 201& 202 2nd Floor Eco Star Vishveshwar Nagar Off. Aarey Road Churi Wadi Gore, Gaon East, Mumbai, Maharashtra, India – 400063.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
