Justwork Technologies Private Limited

Justwork Technologies Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72300DL2016PTC291617 Incorporated 24 February 2016 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹70.67 Lakh
▼ 11% YoY
Net profit · FY 2025
₹1.14 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹1.65 Lakh
EBITDA margin 2.3%
Authorised capital
₹9.5 Lakh
Registered with MCA
Paid-up capital
₹1.83 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
22
Provident fund records
Directors on board
2
As per MCA filings

About Justwork Technologies Private Limited

Data last updated:

Justwork Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 24 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2016PTC291617. Its GSTIN is 09AADCJ6859J1ZY (Uttar Pradesh). The company holds 8 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹9.5 Lakh and a paid-up capital of ₹1.83 Lakh. It is led by directors Manoj Kumar Yadav and Vandana Kawatra.

Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – 19 Lajpat Nagar – 2, New Delhi, Delhi, India – 110024.

As per the financials filed for FY 2025, the company reported a revenue of ₹70.67 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Lakh (net margin 1.6%) and EBITDA of ₹1.65 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 40% over five years.

The company has about 22 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: myHQ. Court records list 1 case involving the company, including 1 filed by the company. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹11.06 Cr; the latest was in April 2022. Its 10 peer companies in the Consumer Services industry (Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Transvision Aml Technologies Private Limited with revenue of ₹70.82 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myhq.in.

Company Details of Justwork Technologies Private Limited
CIN U72300DL2016PTC291617
Registration Number 291617
Incorporation Date 24 February 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Apps
  • Registered Address
    H – 19 Lajpat Nagar – 2, New Delhi, Delhi, India – 110024
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
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Financials, compliance, directors, charges, ownership and filings for Justwork Technologies Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Justwork Technologies Private Limited

The main business activity of Justwork Technologies is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Justwork Technologies Private Limited FY 2024 filings available

Justwork Technologies Private Limited reported revenue of ₹70.67 Lakh (down 11% YoY) for FY 2025.

Revenue · FY 2025
₹70.67 Lakh ▼ 11%
Net profit · FY 2025
₹1.14 Lakh margin 1.6%
EBITDA · FY 2025
₹1.65 Lakh margin 2.3%

Compounded Annual Growth Rate (CAGR) of Justwork Technologies Private Limited

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 59%
5 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▼ 89%
3 years · compounded
▲ 28%
5 years · compounded
▲ 15%

Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 11% fall in the latest year. EBITDA fell 89% 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 Justwork Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.65 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.14 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 Justwork Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.3%••••••••••••••••
Net Profit Margin1.6%••••••••••••••••
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 Justwork Technologies are in the company report.

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Financial statements from FY 2016

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Peer Comparison of Justwork Technologies Private Limited

Justwork Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Transvision Aml Technologies Private Limited₹70.82 Lakh (FY 2025)••••••••-27.0%••••Bangalore, Karnataka, India
V K & Company LLP₹70.78 Lakh (FY 2025)••••••••3.0%••••New Delhi, Delhi, India
Quintes Analytics Private Limited₹70.76 Lakh (FY 2024)••••••••-45.0%••••Bangalore, Karnataka, India
Hawker and West Consulting Services Private Limited₹70.76 Lakh (FY 2025)••••••••-30.0%••••Erode, Tamil Nadu, India
Fabdec Interiors Private Limited₹70.67 Lakh (FY 2025)••••••••175.0%••••Thammanam Po, Kerala, India
Justwork Technologies Private Limited this company₹70.67 Lakh (FY 2025)••••••••-11.0%••••New Delhi, Delhi, India
Studio Prem and Colour Lab Private Limited.₹70.66 Lakh (FY 2024)••••••••27.0%••••New Delhi, Delhi, India
Sarvkamad Astro Private Limited₹70.62 Lakh (FY 2025)••••••••40.0%••••Delhi, India
Vamiqa Laboratories Private Limited₹70.56 Lakh (FY 2025)••••••••••••Secunderabad, Telangana, India
Greyalgorithms Private Limited₹70.53 Lakh (FY 2024)••••••••16.0%••••New Delhi, Delhi, India
Viva Images Private Limited₹70.5 Lakh (FY 2025)••••••••5.0%••••Delhi, India

Peers are the five companies nearest above and the five nearest below Justwork Technologies by revenue in the Consumer Services industry (Professional Services), 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 Justwork Technologies Private Limited

Justwork Technologies Private Limited is audited by Karan Malhotra & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
Karan Malhotra & AssociatesLockedLockedLocked
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Board of Directors of Justwork Technologies Private Limited

Justwork Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj Kumar YadavDirector25 Nov 20223 Years 10 MonthsCurrent
Vandana KawatraAdditional Director10 Mar 20251 Years 6 MonthsCurrent

Ownership and Shareholding of Justwork Technologies Private Limited

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Charges & Borrowings of Justwork Technologies Private Limited

Justwork Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Justwork Technologies Private Limited

Justwork Technologies Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹11.06 Cr; the latest was in April 2022.

Total deals
6
Funding rounds
3
Secondary share transfers
2
Acquisition
1
Disclosed funding
₹11.06 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Nov 2019Funding round · Series A₹7.52 CrInvestors: India Quotient, LVX (LetsVenture), RB Investments
Apr 2018Secondary share transferUndisclosedBuyer: Gemba Capital
Seller: an individual
Nov 2017Funding round · Pre-Series A₹2.99 CrInvestors: 4 individuals
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Sep 2016Funding round · Seed₹55.1 LakhInvestors: Outbox Ventures, 2 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Justwork Technologies Private Limited

Justwork Technologies operates one associated brand: myHQ. Each brand links to its own profile.

BrandDescriptionWebsite
Shared office memberships are booked through an online marketplace.myhq.in

Employees and EPFO Compliance at Justwork Technologies Private Limited

Justwork Technologies Private Limited has a workforce of 22 employees as of Apr 05, 2024.

Employee count
22
Active EPFO establishments
1
Employee growth
-35.29%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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News related to Justwork Technologies Private Limited

Recent Activity on Justwork Technologies Private Limited

Justwork Technologies Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Utkarsh Kawatra ceased to be Director on 17 Mar 2025.

Ceased
Utkarsh Kawatra ceased to be Director.
Appointed
Vandana Kawatra was appointed as Additional Director.
AGM
Justwork Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Justwork Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Manoj Kumar Yadav ceased to be Additional Director.
Appointed
Manoj Kumar Yadav was appointed as Director.
Ceased
Vinayak Agarawal ceased to be Director.
Ceased
Anant Vidur Puri ceased to be Director.
Incorporation
24 Feb 2016
Justwork Technologies Private Limited was registered on 24 Feb 2016 with Roc Delhi & aged 10 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Justwork Technologies Private Limited

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MSME Payment Delays by Justwork Technologies Private Limited

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Subsidiaries & Group Companies of Justwork Technologies Private Limited

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GST Compliance of Justwork Technologies Private Limited

Justwork Technologies has 8 GST registrations: 1 active and 7 cancelled or inactive.

Total GSTINs
8
Active
1
Cancelled / inactive
7
GSTINStateStatusRegistered on
09AADCJ6859J1ZYUttar PradeshActive25 Apr 2019
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MCA Filings & Documents of Justwork Technologies Private Limited

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Frequently Asked Questions about Justwork Technologies Private Limited

Justwork Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 24 February 2016 (10+ years old) and is registered under CIN U72300DL2016PTC291617.

Justwork Technologies reported revenue of ₹70.67 Lakh for FY 2025 (down 11% YoY).

Justwork Technologies has 2 current directors:

Justwork Technologies reported a net profit of ₹1.14 Lakh (net margin 1.6%) and EBITDA of ₹1.65 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Justwork Technologies is -59% over three years and -40% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Justwork Technologies is 09AADCJ6859J1ZY, registered in Uttar Pradesh. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.

The CIN (Corporate Identification Number) of Justwork Technologies is U72300DL2016PTC291617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Justwork Technologies has 1 court case on record: 1 filed by the company.

Justwork Technologies was incorporated on 24 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

Justwork Technologies has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹11.06 Cr; the latest was in April 2022.

The peers of Justwork Technologies by revenue are Transvision Aml Technologies Private Limited, V K & Company LLP, Quintes Analytics Private Limited, Hawker and West Consulting Services Private Limited, Fabdec Interiors Private Limited and 5 more, all in the Consumer Services industry (Professional Services).

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