MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0190704
XL Recruiters Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.11 Cr
▼ 50% YoY
Net loss · FY 2025
₹57.27 Lakh
Net margin -51.6%
EBITDA · FY 2025
-₹57.02 Lakh
EBITDA margin -51.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About XL Recruiters Private Limited
Data last updated:
XL Recruiters 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 30 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2018PTC316525. Its GSTIN is 27AAACX2731Q1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Minal Jain and Varun Jain.
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 Bldg No. 14 Flat No. 701 Nri Complex Nerul, Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.11 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹57.27 Lakh (net margin -51.6%) and EBITDA of -₹57.02 Lakh (EBITDA margin -51.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 20% over five years.
The company is associated with 1 brand: XL Recruiters.
XL Recruiters Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0190704). For more details, the company can be reached via its website xladvisors.co.
Company details
CIN U93090MH2018PTC316525
Registration Number 316525
Incorporation Date 30 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0190704
Key People
Minal Jain Director Varun Jain Director Recognitions & Rankings of XL Recruiters
Contact details
XL Recruiters Private Limited's registered office is in Mumbai, Maharashtra. Its website is xladvisors.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBldg No. 14 Flat No. 701 Nri Complex Nerul, Mumbai, Maharashtra, India – 400706
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of XL Recruiters Private Limited, buy the company report.
Comprehensive company report
XL Recruiters 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
XL Recruiters operates one associated brand: XL Recruiters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers recruitment, HR solutions, and talent advisory for businesses worldwide. | xlrecruiters.in |
Business activity
The main business activity of XL Recruiters is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of XL Recruiters Private Limited, buy the company report.
Financials of XL Recruiters Private Limited
FY 2025 filings availableXL Recruiters Private Limited reported revenue of ₹1.11 Cr (down 50% YoY) for FY 2025.
Revenue · FY 2025
₹1.11 Cr ▼ 50%
Net loss · FY 2025
₹57.27 Lakh margin -51.6%
EBITDA · FY 2025
-₹57.02 Lakh margin -51.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 17%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 379%
3 years · compounded
▼ 53%
5 years · compounded
▼ 41%
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 379% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹57.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.27 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -51.4% | ||||
| Net Profit Margin | -51.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of XL Recruiters Private Limited, buy the company report.
Board of directors of XL Recruiters Private Limited
XL Recruiters has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minal Jain Also directs: Leadership Tilt Global Private Limited | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
| Varun Jain Also directs: Seawoods Estates Limited | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
XL Recruiters 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Willpower Consultants Private Limited | ₹1.11 Cr (FY 2025) | 52.0% | Vasai, Maharashtra, India | |||
| XL Recruiters Private Limitedthis company | ₹1.11 Cr (FY 2025) | -₹57.27 Lakh | -51.6% | -50.0% | Mumbai, Maharashtra, India | |
| Staffbloom Global Services Private Limited | ₹1.11 Cr (FY 2025) | 189.0% | Aurangabad, Maharashtra, India | |||
| Yq14 Technologies Private Limited | ₹1.11 Cr (FY 2025) | 81.0% | Bangalore, Karnataka, India |
To see the full peer comparison of XL Recruiters Private Limited, buy the company report.
Auditor
XL Recruiters Private Limited is audited by S CHOUDHARY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S CHOUDHARY & CO | FY 2021 | 138199W |
Shareholding
The shareholding of XL Recruiters Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of XL Recruiters Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving XL Recruiters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for XL Recruiters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
XL Recruiters has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACX2731Q1ZW | Maharashtra | Active | 09 Jan 2019 |
To see the full GST registrations and return filing status of XL Recruiters Private Limited, buy the company report.
Recent activity
XL Recruiters Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Minal Jain was appointed as Director on 30 Oct 2018.
AGM
Xl Recruiters Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Xl Recruiters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Minal Jain was appointed as Director.
Appointed
Varun Jain was appointed as Director.
Incorporation
30 Oct 2018
Xl Recruiters Private Limited was registered on 30 Oct 2018 with Roc Mumbai Ii & aged 8 years 8 days as per MCA records.
Frequently asked questions
XL Recruiters 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 30 October 2018 (8+ years old) and is registered under CIN U93090MH2018PTC316525.
XL Recruiters has 2 current directors:
- Minal Jain - Director
- Varun Jain - Director
The latest financial statements of XL Recruiters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of XL Recruiters is 27AAACX2731Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of XL Recruiters is U93090MH2018PTC316525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
XL Recruiters was incorporated on 30 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of XL Recruiters by revenue are Willpower Consultants Private Limited, Staffbloom Global Services Private Limited, Yq14 Technologies Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Minal Jain was appointed as Director on 30 Oct 2018. Varun Jain was appointed as Director on 30 Oct 2018.
Yes, XL Recruiters is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0190704).
XL Recruiters can be reached through the website xladvisors.co. Its registered office is in Mumbai, Maharashtra, India.
The registered office of XL Recruiters is at Bldg No. 14 Flat No. 701 Nri Complex Nerul, Mumbai, Maharashtra, India – 400706.
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