Ess & Ess HRM Services Private Limited
About Ess & Ess HRM Services Private Limited
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Ess & Ess HRM Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2004PTC034232. Its GSTIN is 29AAACW5391H1ZY (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ess & Ess Financial Services Private Limited and Way2Wealth Financial Services Private Limited. It is led by directors Venugopal Gowda and Shivakumar Bili Gowda.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. N – 507 5th Floor North Block Rear Wing Manipal Centre Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.87 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹27 Lakh (net margin -9.4%) and EBITDA of ₹3.34 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ess & Ess HRM Services has undergone 2 name changes throughout its history. The company was previously known as Ess & Ess Financial Services Private Limited, and Way2wealth Financial Services Private Limited. The current legal name is Ess & Ess Hrm Services Private Limited.
| Company Name | Status |
|---|---|
| Ess & Ess HRM Services Private Limited | Current |
| Ess & Ess Financial Services Private Limited | Previous |
| Way2wealth Financial Services Private Limited | Previous |
CIN history
Ess & Ess HRM Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74910KA2004PTC034232, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74910KA2004PTC034232 | Current |
| U74900KA2004PTC034232 | Previous |
| U66010KA2004PTC034232 | Previous |
Contact details
Ess & Ess HRM Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. N – 507 5th Floor North Block Rear Wing Manipal Centre Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ess & Ess HRM Services Private 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 Ess & Ess HRM Services 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 Ess & Ess HRM Services Private Limited, buy the company report.
Financials of Ess & Ess HRM Services Private Limited
FY 2025 filings availableEss & Ess HRM Services Private Limited reported revenue of ₹2.87 Cr (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 52% fall in the latest year. EBITDA rose 103% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.34 Lakh | ||||
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| Net Profit (PAT) | -₹27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -9.4% | ||||
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To see the full financial statements and ratios of Ess & Ess HRM Services Private Limited, buy the company report.
Board of directors of Ess & Ess HRM Services Private Limited
Ess & Ess HRM Services has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Gowda | Director | 26 Sep 2023 | 3 Years 1 Months | Current |
| Shivakumar Bili Gowda | Director | 28 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Ess & Ess HRM Services Private 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 |
|---|---|---|---|---|---|---|
| Secured Facilitator Services Private Limited | ₹2.88 Cr (FY 2025) | -5.0% | Chandigarh, India | |||
| Ess & Ess HRM Services Private Limitedthis company | ₹2.87 Cr (FY 2024) | -₹27 Lakh | -9.4% | -52.0% | 32 | Bangalore, Karnataka, India |
| Favicon Consultancy Services Private Limited | ₹2.87 Cr (FY 2025) | -1.0% | Kanpur, Uttar Pradesh, India | |||
| Linkedge India Ventures Private Limited | ₹2.87 Cr (FY 2024) | Gurgaon, Haryana, India | ||||
| Thames Consultants Private Limited | ₹2.87 Cr (FY 2023) | 13.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Ess & Ess HRM Services Private Limited, buy the company report.
Auditor
Ess & Ess HRM Services Private Limited is audited by ARAVIND PATIL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARAVIND PATIL & ASSOCIATES | FY 2023 | 011835S |
Shareholding
The shareholding of Ess & Ess HRM Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ess & Ess HRM Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ess & Ess HRM Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ess & Ess HRM Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ess & Ess HRM Services Private Limited has a workforce of 32 employees on its EPFO records as of Sep 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 32 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ess & Ess HRM Services Private Limited, buy the company report.
GST
Ess & Ess HRM Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW5391H1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ess & Ess HRM Services Private Limited, buy the company report.
Recent activity
Ess & Ess HRM Services Private Limited has 15 board changes on record since 2007: 2 appointments and 13 cessations. The latest: . Venugopal Gowda ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Ess & Ess HRM Services is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 June 2004 (22+ years old) and is registered under CIN U74910KA2004PTC034232.
Ess & Ess HRM Services has 2 current directors:
- Venugopal Gowda - Director
- Shivakumar Bili Gowda - Director
The latest financial statements of Ess & Ess HRM Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ess & Ess HRM Services is 29AAACW5391H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Ess & Ess HRM Services is U74910KA2004PTC034232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ess & Ess HRM Services was incorporated on 28 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ess & Ess HRM Services by revenue are Secured Facilitator Services Private Limited, Favicon Consultancy Services Private Limited, Linkedge India Ventures Private Limited, Thames Consultants Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
. Venugopal Gowda ceased to be Additional Director on 29 Sep 2023. Venugopal Gowda was appointed as Director on 26 Sep 2023. Donakal Sreepathi ceased to be Additional Director on 30 Nov 2021. Ess & Ess HRM Services has 15 board changes on record in total.
The registered office of Ess & Ess HRM Services is at No. N – 507 5th Floor North Block Rear Wing Manipal Centre Dickenson Road, Bangalore, Karnataka, India – 560042.
Ess & Ess HRM Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
The compliance status of Ess & Ess HRM Services is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.
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