Apex Infralink Limited - business outsourcing in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
CIN U45309GJ2018PLC101565 Incorporated 28 March 2018 ROC Ahmedabad HQ Jamnagar, Gujarat, India
Active Public Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹695.52 Cr
▲ 17% YoY
Net profit · FY 2024
₹10.94 Cr
Net margin 1.6%
EBITDA · FY 2024
₹17.05 Cr
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹47 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
22,825
Provident fund records

About Apex Infralink Limited

Data last updated:

Apex Infralink Limited is a public limited company based in Jamnagar, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45309GJ2018PLC101565. Its GSTIN is 24AAQCA7197M1ZV (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Gaurang Kishorchandra Shah (Managing Director) and Harsh Rajesh Shah (Whole-Time Director).

Its last annual general meeting (AGM) was held on 17 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Kp House Pn Marg Dhanvantry Ground, Jamnagar, Gujarat, India – 361008.

As per the financials filed for FY 2024, the company reported a revenue of ₹695.52 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.94 Cr (net margin 1.6%) and EBITDA of ₹17.05 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 70% over five years.

The company has about 22,825 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Apex Logistics International and Apex Infralink. As per MCA filings, the company has open charges of ₹47 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in February 2024. Its 5 peer companies in the Business Services industry (Facility Management Services, HR Outsourcing, Security Services), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 2 larger and 3 smaller; the largest is Bti Consultants (India) Private Limited with revenue of ₹772.39 Cr.

For more details, the company can be reached via its website apexltd.in.

Company details

CIN U45309GJ2018PLC101565
Registration Number 101565
Incorporation Date 28 March 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Apex Infralink Limited's registered office is in Jamnagar, Gujarat. Its website is apexltd.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    3rd Floor Kp House Pn Marg Dhanvantry Ground, Jamnagar, Gujarat, India – 361008
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Apex Infralink Limited, buy the company report.

Comprehensive company report
Apex Infralink 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

Apex Infralink operates two associated brands: Apex Logistics International and Apex Infralink. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive multimodal freight forwarding services.apexlogistic.in
Providing workforce solutions, statutory compliance, and infrastructure development services in India.apexltd.in

Business activity

The main business activity of Apex Infralink 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 Apex Infralink Limited, buy the company report.

Financials of Apex Infralink Limited

FY 2024 filings available

Apex Infralink Limited reported revenue of ₹695.52 Cr (up 17% YoY) for FY 2024.

Revenue · FY 2024
₹695.52 Cr ▲ 17%
Net profit · FY 2024
₹10.94 Cr margin 1.6%
EBITDA · FY 2024
₹17.05 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 26%
5 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 39%
5 years · compounded
▲ 72%

Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 17% growth in the latest year. EBITDA rose 61% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹17.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.94 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.5%
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

To see the full financial statements and ratios of Apex Infralink Limited, buy the company report.

Board of directors of Apex Infralink Limited

Apex Infralink has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahendra Shankarlal GoriDirector20 Mar 20242 Years 7 MonthsCurrent
Chetankumar ShahDirector28 Mar 20188 Years 7 MonthsCurrent
Drashti Laxmikant SolankiDirector29 Jul 20242 Years 3 MonthsCurrent
Rajesh Dineshchandra ShahDirector28 Mar 20188 Years 7 MonthsCurrent
Gaurang Kishorchandra ShahManaging Director28 Mar 20188 Years 7 MonthsCurrent
Harsh Rajesh ShahWhole-Time Director28 Mar 20188 Years 7 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Apex Infralink Limited is compared with the 5 companies closest to it by revenue in the Business Services industry (Facility Management Services, HR Outsourcing, Security Services), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bti Consultants (India) Private Limited₹772.39 Cr (FY 2025)11.0%Bangalore, Karnataka, India
Persol India Private Limited₹752.13 Cr (FY 2025)12.0%Bangalore, Karnataka, India
Apex Infralink Limitedthis company₹695.52 Cr (FY 2024)₹10.94 Cr1.6%17.0%22,825Jamnagar, Gujarat, India
Futurz Staffing Solutions Private Limited₹686.11 Cr (FY 2025)23.0%Mumbai, Maharashtra, India
PSN Supply Chain Solutions Private Limited₹671.28 Cr (FY 2025)17.0%Dahishar, Maharashtra, India
Kutumbh Care Private Limited₹667.5 Cr (FY 2023)9.0%Delhi, India

To see the full peer comparison of Apex Infralink Limited, buy the company report.

Auditor

Apex Infralink Limited is audited by Chetan Agarwal & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chetan Agarwal & Co.FY 2023120447W

Shareholding

The shareholding of Apex Infralink Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Apex Infralink Limited, buy the company report.

Charges & borrowings

Open charges
₹47 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹25.00 Cr
Others₹22.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Feb 2024100866717Others₹22 CrOpen
24 May 2021100455818Axis Bank Limited₹25 CrOpen

To see the full charge records of Apex Infralink Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Apex Infralink Limited has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in February 2024.

Total deals
5
Secondary share transfers
4
Rights issue
1

Deals on record (5 of 5)

WhenDealAmountParties
Feb 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2018Rights issue₹3 LakhInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Apex Infralink Limited has a workforce of 22,825 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
22,825
Active EPFO establishments
1
Employee growth
9.83%

GST

Apex Infralink has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAQCA7197M1ZVGujaratActive04 Apr 2018
27AAQCA7197M1ZPMaharashtraActive21 Jun 2022

To see the full GST registrations and return filing status of Apex Infralink Limited, buy the company report.

Recent activity

Apex Infralink Limited has 20 board changes on record since 2018: 7 appointments and 13 cessations. The latest: Drashti Laxmikant Solanki ceased to be Additional Director on 16 Sep 2024.

Charges
A charge with Axis Bank Limited of Rs. 2,500.00 Lakh registered on 24 May 2021 with Charge ID 100455818 was modified on 13 Feb 2025.
AGM
Apex Infralink Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.
Ceased
Drashti Laxmikant Solanki ceased to be Additional Director.
Ceased
Mahendra Shankarlal Gori ceased to be Additional Director.
Ceased
Shilpa Mohandas Menon ceased to be Additional Director.
Appointed
Drashti Laxmikant Solanki was appointed as Director.
Appointed
Shilpa Mohandas Menon was appointed as Director.
Ceased
Jayshree Rajesh Shah ceased to be Director.
Charges
A charge with Others of Rs. 2,200.00 Lakh registered on 16 Feb 2024 with Charge ID 100866717 was modified on 11 Jun 2024.
Filing
Apex Infralink Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Mahendra Shankarlal Gori was appointed as Director.
Charges
A charge with Others amounted to Rs. 2,200.00 Lakh with Charge ID 100866717 was registered on 16 Feb 2024.

15 earlier events are in the company report.

Frequently asked questions

Apex Infralink is an active public limited company based in Jamnagar, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 March 2018 (8+ years old) and is registered under CIN U45309GJ2018PLC101565.

Apex Infralink has 7 current directors:

The latest financial statements of Apex Infralink on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 17 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Apex Infralink is 24AAQCA7197M1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAQCA7197M1ZP (Maharashtra).

The CIN (Corporate Identification Number) of Apex Infralink is U45309GJ2018PLC101565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Apex Infralink has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.

Apex Infralink was incorporated on 28 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Apex Infralink has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in February 2024.

The peers of Apex Infralink by revenue are Bti Consultants (India) Private Limited, Persol India Private Limited, Futurz Staffing Solutions Private Limited, PSN Supply Chain Solutions Private Limited, Kutumbh Care Private Limited, all in the Business Services industry (Facility Management Services, HR Outsourcing, Security Services), with the same principal business activity (placement agencies and hr management services).

Drashti Laxmikant Solanki ceased to be Additional Director on 16 Sep 2024. Mahendra Shankarlal Gori ceased to be Additional Director on 16 Sep 2024. Shilpa Mohandas Menon ceased to be Additional Director on 16 Sep 2024. Apex Infralink has 20 board changes on record in total.

Apex Infralink can be reached through the website apexltd.in. Its registered office is in Jamnagar, Gujarat, India.