Workspend India Private Limited

Workspend India Private Limited - business outsourcing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U74999TG2021PTC154537 Incorporated 02 September 2021 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹13.18 Cr
▼ 10% YoY
Net profit · FY 2025
₹1.44 Cr
Net margin 10.9%
EBITDA · FY 2025
₹1.92 Cr
EBITDA margin 14.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
80
Provident fund records
Directors on board
2
As per MCA filings

About Workspend India Private Limited

Data last updated:

Workspend India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Us Tech Solutions Private Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 September 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2021PTC154537. Its GSTIN is 36AADCW0439R1ZS (Telangana).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It is led by directors Ravi Kumar Kochhar and Sarita Kochhar.

Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Awfis Space Solutions Pvt Ltd 4th Floor N Heights Plot No 38 Phase 2 Hitech City, Hyderabad, Telangana, India – 500081.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.18 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 10.9%) and EBITDA of ₹1.92 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years.

The company has about 80 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Workspend.

For more details, the company can be reached via its website workspend.com.

Company details

CIN U74999TG2021PTC154537
Registration Number 154537
Incorporation Date 02 September 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Us Tech Solutions Private Limited

Contact details

Workspend India Private Limited's registered office is in Hyderabad, Telangana. Its website is workspend.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Awfis Space Solutions Pvt Ltd 4th Floor N Heights Plot No 38 Phase 2 Hitech City, Hyderabad, Telangana, India – 500081
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Workspend India Private Limited, buy the company report.

Comprehensive company report
Workspend India 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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Brands

Workspend India operates one associated brand: Workspend. Each brand links to its own profile.

BrandDescriptionWebsite
Provides MSP services for contingent labor, compliance, and talent diversity management.workspend.com

Business activity

The main business activity of Workspend India 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 Workspend India Private Limited, buy the company report.

Financials of Workspend India Private Limited

FY 2025 filings available

Workspend India Private Limited reported revenue of ₹13.18 Cr (down 10% YoY) for FY 2025.

Revenue · FY 2025
₹13.18 Cr ▼ 10%
Net profit · FY 2025
₹1.44 Cr margin 10.9%
EBITDA · FY 2025
₹1.92 Cr margin 14.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 22%

Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 53%. EBITDA fell 33% 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 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹1.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.44 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin14.5%
Net Profit Margin10.9%
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 Workspend India Private Limited, buy the company report.

Board of directors of Workspend India Private Limited

Workspend India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravi Kumar KochharDirector02 Sep 20215 Years 2 MonthsCurrent
Sarita KochharDirector07 Mar 20242 Years 8 MonthsCurrent

Auditor

Workspend India Private Limited is audited by SPC and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SPC and AssociatesFY 2023005685S

Shareholding

The shareholding of Workspend India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Workspend India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Workspend India Private Limited has a workforce of 80 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
80
Active EPFO establishments
1
Employee growth
19.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2780
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22

To see the full employee and EPFO history of Workspend India Private Limited, buy the company report.

GST

Workspend India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AADCW0439R1ZSTelanganaActive24 Sep 2021

To see the full GST registrations and return filing status of Workspend India Private Limited, buy the company report.

Recent activity

Workspend India Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Manoj Kumar Agarwal ceased to be Director on 14 Jun 2024.

AGM
Workspend India Private Limited last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records.
Filing
Workspend India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Manoj Kumar Agarwal ceased to be Director.
Ceased
Ramesh Chander Agarwal ceased to be Director.
Appointed
Sarita Kochhar was appointed as Director.
Appointed
Ravi Kumar Kochhar was appointed as Director.
Incorporation
02 Sep 2021
Workspend India Private Limited was registered on 02 Sep 2021 with Roc Hyderabad & aged 5 years 2 months as per MCA records.

Frequently asked questions

Workspend India is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 September 2021 (5+ years old) and is registered under CIN U74999TG2021PTC154537.

Workspend India has 2 current directors:

The latest financial statements of Workspend India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Workspend India is 36AADCW0439R1ZS, registered in Telangana.

The CIN (Corporate Identification Number) of Workspend India is U74999TG2021PTC154537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Workspend India was incorporated on 02 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.

Manoj Kumar Agarwal ceased to be Director on 14 Jun 2024. Ramesh Chander Agarwal ceased to be Director on 07 Mar 2024. Sarita Kochhar was appointed as Director on 07 Mar 2024. Workspend India has 4 board changes on record in total.

Workspend India can be reached through the website workspend.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Workspend India is at Awfis Space Solutions Pvt Ltd 4th Floor N Heights Plot No 38 Phase 2 Hitech City, Hyderabad, Telangana, India – 500081.

Workspend India operates in the business outsourcing industry, in the HR outsourcing and talent management segment.