Nova Sancoale Services Private Limited
About Nova Sancoale Services Private Limited
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Nova Sancoale Services Private Limited is a private limited company based in Vasco Da Gama, Goa, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74210GA1990PTC001042.
The company has an authorised share capital of ₹37 Lakh and a paid-up capital of ₹37 Lakh. It is led by directors including Tushar Naik Madhukar and Shivanand Vassudev Salgaocar.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. A – 1 1st Floor Rishikesh Apartments Mangor Hills Vasco Da Gama Goa., Goa, India – 403802.
As per the financials filed for FY 2025, the company reported a revenue of ₹18,703, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹2.25 Lakh and EBITDA of -₹19,410 (EBITDA margin -103.8%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 77% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No. A – 1 1st Floor Rishikesh Apartments Mangor Hills Vasco Da Gama Goa., Goa, India – 403802
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Financials of Nova Sancoale Services Private Limited FY 2025 filings available
Nova Sancoale Services Private Limited reported revenue of ₹18,703 (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nova Sancoale Services Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 77%. EBITDA rose 99% 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 Nova Sancoale Services Private Limited
| 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 | -₹19,410 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.25 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nova Sancoale Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -103.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Nova Sancoale Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nova Sancoale Services Private Limited
Nova Sancoale Services Private Limited 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 |
|---|---|---|---|---|---|---|
| Sonata Commotrade Private Limited | ₹19,645 (FY 2023) | •••• | •••• | 53.0% | •••• | Kolkata, West Bengal, India |
| Samriddh Life Private Limited | ₹19,560 (FY 2025) | •••• | •••• | •••• | Muzaffarpur, Bihar, India | |
| Angel Wings Services Private Limited | ₹19,469 (FY 2023) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Populace Connect Advisors Private Limited | ₹19,160 (FY 2020) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Paramount Corporate Network Limited | ₹19,112 (FY 2024) | •••• | •••• | -91.0% | •••• | Bangalore, Karnataka, India |
| Nova Sancoale Services Private Limited this company | ₹18,703 (FY 2025) | •••• | •••• | 2.0% | •••• | Vasco Da Gama, Goa, India |
| Compusys Systems Private Limited | ₹18,540 (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Findright Corporate Solutions Private Limited | ₹18,500 (FY 2024) | •••• | •••• | -12.0% | •••• | East Gorakh Park Shahdara, Delhi, India |
| Vastech Resources Private Limited | ₹18,500 (FY 2023) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
| Ocena Ship Management Private Limited | ₹18,473 (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Cabt Staffing Solutions Private Limited | ₹18,248 (FY 2023) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nova Sancoale Services 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 Nova Sancoale Services Private Limited
Nova Sancoale Services Private Limited is audited by S. J. THALY & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. J. THALY & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nova Sancoale Services Private Limited
Nova Sancoale Services has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Naik Madhukar Also directs: Goa Minerals Private Limited, Amona Shipyard Private Limited, Goa Maritime Private Limited and 2 more | Director | 08 Feb 2024 | 2 Years 8 Months | Current |
| Shivanand Vassudev Salgaocar Also directs: Srinidhi Real Estates LLP, Pyramid Developers LLP, Mahadhan Real Estates LLP and 5 more | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
| Ajay Rajendra Borkar Also directs: Great Lake Finance and Leasing Private Limited, Ganadev Real Estate Private Limited, Salgaocar Sports Club and 2 more | Director | 30 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Nova Sancoale Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nova Sancoale Services Private Limited
Nova Sancoale Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Nova Sancoale Services Private Limited
Nova Sancoale Services Private Limited has 2 court cases on record: 2 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Company is another party | Disposed |
| Bombay High Court | Court case (S) | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nova Sancoale Services Private Limited
Nova Sancoale Services Private Limited has a workforce of 25 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nova Sancoale Services Private Limited
Nova Sancoale Services Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Tushar Naik Madhukar ceased to be Additional Director on 23 Sep 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nova Sancoale Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nova Sancoale Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nova Sancoale Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nova Sancoale Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nova Sancoale Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nova Sancoale Services Private Limited
Nova Sancoale Services is an active private limited company based in Vasco Da Gama, Goa, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 April 1990 (36+ years old) and is registered under CIN U74210GA1990PTC001042.
Nova Sancoale Services reported revenue of ₹18,703 for FY 2025 (up 2% YoY).
Nova Sancoale Services has 3 current directors:
- Tushar Naik Madhukar - Director
- Shivanand Vassudev Salgaocar - Director
- Ajay Rajendra Borkar - Director
Nova Sancoale Services reported a net loss of ₹2.25 Lakh and EBITDA of -₹19,410 (EBITDA margin -103.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nova Sancoale Services is -82% over three years and -77% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nova Sancoale Services is U74210GA1990PTC001042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Sancoale Services has 2 court cases on record.
Nova Sancoale Services was incorporated on 17 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Nova Sancoale Services by revenue are Sonata Commotrade Private Limited, Samriddh Life Private Limited, Angel Wings Services Private Limited, Populace Connect Advisors Private Limited, Paramount Corporate Network Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Tushar Naik Madhukar ceased to be Additional Director on 23 Sep 2024. Tushar Naik Madhukar was appointed as Director on 08 Feb 2024. Shivanand Vassudev Salgaocar ceased to be Additional Director on 09 Sep 2019. Nova Sancoale Services has 15 board changes on record in total.
The registered office of Nova Sancoale Services is at Flat No. A – 1 1st Floor Rishikesh Apartments Mangor Hills Vasco Da Gama Goa., Goa, India – 403802.