MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0221773
Human Capital for Third Sector - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.98 Cr
▲ 28% YoY
Net loss · FY 2025
₹34.98 Lakh
Net margin -2.5%
EBITDA · FY 2025
-₹21.75 Lakh
EBITDA margin -1.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹4,000
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
4
Provident fund records
Directors on board
4
As per MCA filings
About Human Capital for Third Sector
Data last updated:
Human Capital for Third Sector is a private not for profit 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 07 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91120MH2006NPL159546. Its GSTIN is 27AAAPN5917B1Z0 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹4,000. It is led by directors including Shital Mehra and Sunishi Gabhawala.
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 2025, the company reported a revenue of ₹13.98 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹34.98 Lakh (net margin -2.5%) and EBITDA of -₹21.75 Lakh (EBITDA margin -1.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 40% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
Human Capital for Third Sector is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0221773). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thirdsectorpartners.com.
Company Details of Human Capital for Third Sector
CIN U91120MH2006NPL159546
Registration Number 159546
Incorporation Date 07 February 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0221773
CIN History of Human Capital for Third Sector
Human Capital for Third Sector has one previous CIN (Corporate Identification Number): U91120MH2006PTC159546. The current CIN is U91120MH2006NPL159546, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91120MH2006NPL159546 | Current |
| U91120MH2006PTC159546 | Previous |
Recognitions & Rankings of Human Capital for Third Sector
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 502 5th Floor Plot – Cs 286 Aurus Chambers Shivram Seth Amrutwar Road Bdd Chawl W, Orli, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Business Activity of Human Capital for Third Sector
The main business activity of Human Capital for Third Sector is administrative and support service activities. In detail, this covers employment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities | 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 Human Capital for Third Sector FY 2025 filings available
Human Capital for Third Sector reported revenue of ₹13.98 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹13.98 Cr ▲ 28%
Net loss · FY 2025
₹34.98 Lakh margin -2.5%
EBITDA · FY 2025
-₹21.75 Lakh margin -1.6%
Compounded Annual Growth Rate (CAGR) of Human Capital for Third Sector
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 62%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▼ 33%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 28% growth in the latest year. EBITDA rose 85% 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 Human Capital for Third Sector
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹21.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.98 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 Human Capital for Third Sector
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 Human Capital for Third Sector are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Human Capital for Third Sector
Human Capital for Third Sector has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shital Mehra | Director | 07 Feb 2006 | 20 Years 8 Months | Current |
| Sunishi Gabhawala Also directs: Ontime Growth Advisors LLP | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
| Chitra Jain Also directs: Shivani Mercantile Private Limited | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
| Noopur Kushal Desai | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
Peer Comparison of Human Capital for Third Sector
Human Capital for Third Sector 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 |
|---|---|---|---|---|---|---|
| Hire Lab Consultants Private Limited | ₹14.01 Cr (FY 2024) | •••• | •••• | 459.0% | •••• | Madurai, Tamil Nadu, India |
| Toshiba Water Solutions & Services Private Limited | ₹14 Cr (FY 2023) | •••• | •••• | 14.0% | •••• | Gurgaon, Haryana, India |
| Indman Management Consultants Private Limited | ₹14 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Mumbai, Maharashtra, India |
| A & V Zippers Private Limited | ₹13.99 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Maptec Survey Consultancy Private Limited | ₹13.99 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Human Capital for Third Sector this company | ₹13.98 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Bpac India Private Limited | ₹13.97 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Patna, Bihar, India |
| SSK Ani HR Solutions Private Limited | ₹13.97 Cr (FY 2025) | •••• | •••• | 277.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Sourcing Experts Private Limited | ₹13.94 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Secunderabad, Telangana, India |
| Amrit Placement Services Private Limited | ₹13.88 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Shillong, Meghalaya, India |
| Nalanda Impex Private Limited | ₹13.86 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Human Capital for Third Sector 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 Human Capital for Third Sector
Human Capital for Third Sector is audited by Singhi & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Singhi & Co. | 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 Human Capital for Third Sector
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Charges & Borrowings of Human Capital for Third Sector
Human Capital for Third Sector does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Human Capital for Third Sector
Employment history and EPFO contributions of people linked to Human Capital for Third Sector.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Human Capital for Third Sector
Human Capital for Third Sector has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Chitra Jain was appointed as Director on 23 Aug 2021.
AGM
Human Capital For Third Sector last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Human Capital For Third Sector has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Chitra Jain was appointed as Director.
Appointed
Noopur Kushal Desai was appointed as Director.
Appointed
Sunishi Gabhawala was appointed as Director.
Ceased
Sunit Mehra ceased to be Director.
Appointed
Shital Mehra was appointed as Director.
Incorporation
07 Feb 2006
Human Capital For Third Sector was registered on 07 Feb 2006 with Roc Mumbai I & aged 20 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Human Capital for Third Sector
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MSME Payment Delays by Human Capital for Third Sector
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Subsidiaries & Group Companies of Human Capital for Third Sector
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GST Compliance of Human Capital for Third Sector
Human Capital for Third Sector has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAAPN5917B1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCH6738A1ZT | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Human Capital for Third Sector
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Frequently Asked Questions about Human Capital for Third Sector
Human Capital for Third Sector is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 07 February 2006 (20+ years old) and is registered under CIN U91120MH2006NPL159546.
Human Capital for Third Sector reported revenue of ₹13.98 Cr for FY 2025 (up 28% YoY).
Human Capital for Third Sector has 4 current directors:
- Shital Mehra - Director
- Sunishi Gabhawala - Director
- Chitra Jain - Director
- Noopur Kushal Desai - Director
Human Capital for Third Sector reported a net loss of ₹34.98 Lakh (net margin -2.5%) and EBITDA of -₹21.75 Lakh (EBITDA margin -1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Human Capital for Third Sector is 62% over three years and 40% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Human Capital for Third Sector is 27AAAPN5917B1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCH6738A1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Human Capital for Third Sector is U91120MH2006NPL159546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Human Capital for Third Sector was incorporated on 07 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Human Capital for Third Sector by revenue are Hire Lab Consultants Private Limited, Toshiba Water Solutions & Services Private Limited, Indman Management Consultants Private Limited, A & V Zippers Private Limited, Maptec Survey Consultancy Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Chitra Jain was appointed as Director on 23 Aug 2021. Noopur Kushal Desai was appointed as Director on 23 Aug 2021. Sunishi Gabhawala was appointed as Director on 23 Aug 2021. Human Capital for Third Sector has 5 board changes on record in total.
Yes, Human Capital for Third Sector is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0221773).