About formulaHR
formulaHR is a Technology company based in Chennai (India) founded in 2021. HR management software and mobile solutions for enterprises. The company has 28 employees. Its Indian entity Icomm Technologies Private Limited reported revenue of ₹7.15 Cr. formulaHR offers products and services including formulaHR HRMS and formulaHR-On The Go. Its focus areas include Mobile Applications, HR Mobile Solutions, Self-Service Apps and Software.
Company details
formulaHR is recognized as an HRTech product that was developed by Icomm Technologies to provide a powerful HCM suite for enterprises. It incorporates HR best practices derived from various industry sectors and serves over 500,000 users monthly through seamless module integration. A mobile app is offered to extend accessibility, ensuring functions like attendance and recruitment are managed efficiently without compromising data security. The platform is noted for its reliability and scalability in automating HR processes.
- Headquarters Chennai, India
- Employees 28
- SectorsTechnology
- Email••••••••
- Social LinkedIn
- Legal Name Icomm Technologies Private Limited
- Date of Incorporation 17 Mar, 2005
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹7.15 Cr
FY 2024 · 0% YoY
- Net Profit₹99.2 Lakh
FY 2024 · 14% margin
- EBITDA₹1.39 Cr
FY 2024 · 19% margin
- Employee Count28
Associated legal entities of formulaHR
formulaHR operates through Icomm Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Icomm Technologies Private Limited CIN U72200TN2005PTC055685 | Active | 17 Mar 2005 | Chennai, Tamil Nadu | ₹7.1 Cr | 28 | 3 | View details |
Products & Services of formulaHR
formulaHR offers a comprehensive portfolio of products and services, including formulaHR HRMS and formulaHR-On The Go.
A comprehensive HR management system that is designed for enterprises to handle human capital through integrated modules
A mobile application that is extended to users for convenient access to HR functions such as attendance and leave management
Board of directors of Icomm Technologies Private Limited (formulaHR)
Icomm Technologies Private Limited is the primary company behind formulaHR. The board of Icomm Technologies Private Limited currently have 3 directors; the longest-serving is Anuradha Muralidharan, appointed in 2005. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuradha Muralidharan DIN 01186936 | Director | 17 Mar 2005 | 21 yrs 7 mo | Icomm Technologies Private Limited |
| Subramanyam Baskaran DIN 03263351 | Director | 04 Apr 2019 | 7 yrs 6 mo | Icomm Technologies Private Limited |
| Malavika Murali DIN 11200578 | Additional Director | 28 Aug 2025 | 1 yr 1 mo | Icomm Technologies Private Limited |
Financials of formulaHR
Figures of Icomm Technologies Private Limited, the primary company behind formulaHR, for FY 2024. Revenue was ₹7.15 Cr (0% year on year). Net profit was ₹99.2 Lakh (14% margin). EBITDA was ₹1.39 Cr (19% margin). Revenue has grown at a compounded annual rate of +8% over three years and +2% over five years.
- ₹7.15 CrRevenue · FY 2024 · 0% YoY
- ₹99.2 LakhNet profit · 14% margin
- ₹1.39 CrEBITDA · 19% margin
- ₹76 LakhPaid-up capital
- 28Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Icomm Technologies Private Limited are on its company page.
Detailed financial statements for formulaHR
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Frequently Asked Questions about formulaHR
formulaHR was founded in 2021.
formulaHR is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
formulaHR has 28 employees.
The primary company behind formulaHR, Icomm Technologies Private Limited, reported revenue of ₹7.15 Cr for FY 2024, down 0% year on year.
formulaHR is recognized as an HRTech product that was developed by Icomm Technologies to provide a powerful HCM suite for enterprises. It incorporates HR best practices derived from various industry sectors and serves over 500,000 users monthly through seamless module integration. A mobile app is offered to extend accessibility, ensuring functions like attendance and recruitment are managed efficiently without compromising data security. The platform is noted for its reliability and scalability in automating HR processes.
formulaHR offers formulaHR HRMS and formulaHR-On The Go.
formulaHR operates through Icomm Technologies Private Limited.
The legal entities of formulaHR currently have 3 directors, including Subramanyam Baskaran, Anuradha Muralidharan, Malavika Murali.