Etaash Talent Solutions Private Limited

Etaash Talent Solutions Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2018PTC316352 Incorporated 26 October 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹74.18 Lakh
▼ 65% YoY
Net profit · FY 2024
₹5.13 Lakh
Net margin 6.9%
EBITDA · FY 2024
₹7.21 Lakh
EBITDA margin 9.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Etaash Talent Solutions Private Limited

Data last updated:

Etaash Talent Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC316352. Its GSTIN is 27AAFCE2424A1Z9 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajesh Murlidhar Palwankar (Managing Director) and Sneha Singh.

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 Plot No 55 Room No 202 Maitriya Chs Gorai II Borivali West, Mumbai, Maharashtra, India – 400092.

As per the financials filed for FY 2024, the company reported a revenue of ₹74.18 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹5.13 Lakh (net margin 6.9%) and EBITDA of ₹7.21 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.

Etaash Talent Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0048970). For more details, the company can be reached via its website etaashconsultants.com.

Company details

CIN U74999MH2018PTC316352
Registration Number 316352
Incorporation Date 26 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0048970

Recognitions & Rankings of Etaash Talent Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0048970

Contact details

Etaash Talent Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is etaashconsultants.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No 55 Room No 202 Maitriya Chs Gorai II Borivali West, Mumbai, Maharashtra, India – 400092
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Etaash Talent Solutions Private Limited, buy the company report.

Comprehensive company report
Etaash Talent Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Etaash Talent Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Etaash Talent Solutions Private Limited, buy the company report.

Financials of Etaash Talent Solutions Private Limited

FY 2024 filings available

Etaash Talent Solutions Private Limited reported revenue of ₹74.18 Lakh (down 65% YoY) for FY 2024.

Revenue · FY 2024
₹74.18 Lakh ▼ 65%
Net profit · FY 2024
₹5.13 Lakh margin 6.9%
EBITDA · FY 2024
₹7.21 Lakh margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▲ 120%
5 years · compounded
▲ 29%

Revenue fell 65% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 91% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹7.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.13 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.7%
Net Profit Margin6.9%
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 Etaash Talent Solutions Private Limited, buy the company report.

Board of directors of Etaash Talent Solutions Private Limited

Etaash Talent Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sneha SinghDirector26 Oct 20188 Years 0 MonthsCurrent
Sandip Suresh PableDirector02 Jun 20233 Years 5 MonthsCurrent
Rajesh Murlidhar PalwankarManaging Director01 Apr 20215 Years 7 MonthsCurrent

Peer comparison

Etaash Talent Solutions Private Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
CXHR Services Private Limited₹74.22 Lakh (FY 2025)316.0%Hyderabad, Telangana, India
Etaash Talent Solutions Private Limitedthis company₹74.18 Lakh (FY 2024)₹5.13 Lakh6.9%-65.0%Mumbai, Maharashtra, India
Amiable Services Private Limited₹74.16 Lakh (FY 2025)64.0%Gurgaon, Haryana, India
Qualient Technology Solutions Private Limited₹74.03 Lakh (FY 2024)104.0%Hyderabad, Telangana, India

To see the full peer comparison of Etaash Talent Solutions Private Limited, buy the company report.

Auditor

Etaash Talent Solutions Private Limited is audited by VIDYADHAR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VIDYADHAR & COFY 2023131030W

Shareholding

The shareholding of Etaash Talent Solutions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Etaash Talent Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Etaash Talent Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Etaash Talent Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCE2424A1Z9MaharashtraActive28 Dec 2018

To see the full GST registrations and return filing status of Etaash Talent Solutions Private Limited, buy the company report.

Recent activity

Etaash Talent Solutions Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Sandip Suresh Pable was appointed as Director on 02 Jun 2023.

AGM
Etaash Talent Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Etaash Talent Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Sandip Suresh Pable was appointed as Director.
Ceased
Rajesh Murlidhar Palwankar ceased to be Additional Director.
Ceased
Ragini Narendra Mohanty ceased to be Director.
Appointed
Rajesh Murlidhar Palwankar was appointed as Managing Director.
Appointed
Sneha Singh was appointed as Director.
Incorporation
26 Oct 2018
Etaash Talent Solutions Private Limited was registered on 26 Oct 2018 with Roc Mumbai & aged 8 years 9 days as per MCA records.

Frequently asked questions

Etaash Talent Solutions is an active private 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 26 October 2018 (8+ years old) and is registered under CIN U74999MH2018PTC316352.

Etaash Talent Solutions has 3 current directors:

The latest financial statements of Etaash Talent Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Etaash Talent Solutions is 27AAFCE2424A1Z9, registered in Maharashtra.

The CIN (Corporate Identification Number) of Etaash Talent Solutions is U74999MH2018PTC316352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Etaash Talent Solutions was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Etaash Talent Solutions by revenue are CXHR Services Private Limited, Amiable Services Private Limited, Qualient Technology Solutions Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Sandip Suresh Pable was appointed as Director on 02 Jun 2023. Rajesh Murlidhar Palwankar ceased to be Additional Director on 10 Apr 2021. Ragini Narendra Mohanty ceased to be Director on 05 Apr 2021. Etaash Talent Solutions has 5 board changes on record in total.

Yes, Etaash Talent Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0048970).

Etaash Talent Solutions can be reached through the website etaashconsultants.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Etaash Talent Solutions is at Plot No 55 Room No 202 Maitriya Chs Gorai II Borivali West, Mumbai, Maharashtra, India – 400092.