About Addrec Solutions Private Limited
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Addrec Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 15 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2006PTC049084. Its GSTIN is 24AAFCA9073R1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aditya Munalal Jain and Munnalal Bhickchand Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10 B – Block Second Floor The Acropolis S.G.Road Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.71 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹2.22 Cr (net margin -11.3%) and EBITDA of -₹1.22 Cr (EBITDA margin -6.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 21% over five years.
The company has about 93 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AddRec Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website addrecsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address10 B – Block Second Floor The Acropolis S.G.Road Thaltej, Ahmedabad, Gujarat, India – 380054
- 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
Business Activity of Addrec Solutions Private Limited
The main business activity of Addrec Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Addrec Solutions Private Limited FY 2024 filings available
Addrec Solutions Private Limited reported revenue of ₹19.71 Cr (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Addrec Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 52% growth in the latest year. EBITDA rose 10% 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 Addrec Solutions 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 | -₹1.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.22 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 of Addrec Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.3% | •••• | •••• | •••• | •••• |
| 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 Addrec Solutions 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 Addrec Solutions Private Limited
Addrec Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Team Armor Four Shield Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nexpro Systems Private Limited | •••• | •••• | •••• | •••• | 229 | Mumbai, Maharashtra, India |
| Apt Hrtech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Khyatishield Ventures Private Limited | •••• | •••• | •••• | •••• | 1,109 | New Delhi, Delhi, India |
| Futurex Management Solutions Limited | •••• | •••• | •••• | •••• | 62 | Delhi, India |
| Addrec Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Abbscissa HR Consulting Private Limited | •••• | •••• | •••• | •••• | 570 | New Delhi, Delhi, India |
| Rudra Automation Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Vyomfacility India Private Limited | •••• | •••• | •••• | •••• | 852 | Noida, Uttar Pradesh, India |
| Als Integrated Services Private Limited | •••• | •••• | •••• | •••• | - | Ratlam, Madhya Pradesh, India |
| Galaxy Industrial Services Private Limited | •••• | •••• | •••• | •••• | 348 | Boisar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Addrec Solutions by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Addrec Solutions Private Limited
Addrec Solutions Private Limited is audited by KISHAN M MEHTA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KISHAN M MEHTA & 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 Addrec Solutions Private Limited
Addrec Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Munalal Jain Also directs: Lindy Geo Technologies LLP, Optimum Infosystem Private Limited | Director | 15 Sep 2006 | 20 Years 0 Months | Current |
| Munnalal Bhickchand Jain | Director | 15 Sep 2006 | 20 Years 0 Months | Current |
Ownership and Shareholding of Addrec Solutions 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 Addrec Solutions Private Limited
Addrec Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Addrec Solutions Private Limited
Addrec Solutions operates one associated brand: AddRec Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AddRec Solutions provides recruitment services to help businesses find and hire top talent. | addrecsolutions.com |
Employees and EPFO Compliance at Addrec Solutions Private Limited
Addrec Solutions Private Limited has a workforce of 93 employees as of Apr 03, 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 Addrec Solutions Private Limited
Addrec Solutions Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Kamal Singh Bhutoria ceased to be Director on 21 Apr 2009.
Credit Ratings, Litigation & Regulatory Alerts for Addrec Solutions 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 Addrec Solutions 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 Addrec Solutions 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 Addrec Solutions Private Limited
Addrec Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA9073R1Z1 | Gujarat | Active | 01 Jul 2017 |
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 Addrec Solutions 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 Addrec Solutions Private Limited
Addrec Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 15 September 2006 (20+ years old) and is registered under CIN U72200GJ2006PTC049084.
Addrec Solutions reported revenue of ₹19.71 Cr for FY 2025 (up 52% YoY).
Addrec Solutions has 2 current directors:
- Aditya Munalal Jain - Director
- Munnalal Bhickchand Jain - Director
Addrec Solutions reported a net loss of ₹2.22 Cr (net margin -11.3%) and EBITDA of -₹1.22 Cr (EBITDA margin -6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Addrec Solutions is 12% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Addrec Solutions is 24AAFCA9073R1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Addrec Solutions is U72200GJ2006PTC049084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addrec Solutions was incorporated on 15 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Addrec Solutions by revenue are Team Armor Four Shield Private Limited, Nexpro Systems Private Limited, Apt Hrtech Private Limited, Khyatishield Ventures Private Limited, Futurex Management Solutions Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Kamal Singh Bhutoria ceased to be Director on 21 Apr 2009. Aditya Munalal Jain was appointed as Director on 15 Sep 2006. Munnalal Bhickchand Jain was appointed as Director on 15 Sep 2006.
Addrec Solutions can be reached through the website addrecsolutions.com. Its registered office is in Ahmedabad, Gujarat, India.