About New Life Placements
New Life Placements is a Business Services company based in Tiruchirappalli (India) founded in 2004. It offers staffing and job placement services across various industries. It operates on a B2B model. The company has 697 employees. Its Indian entity Newlife Placements Private Limted reported revenue of ₹16.91 Cr. Its focus areas include Human Resources and Employment, Recruitment Services, Staffing Agencies and Job Placement. Similar companies include TeamLease, Able Jobs and Randstad India; 2 of its 3 listed similar companies have raised funding.
Company details
New Life Placements offers staffing and job placement services across various industries, focusing on human resources and employment, recruitment services, staffing agencies, and job placement. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Tiruchirappalli, India
- Employees 697
- SectorsBusiness Services
- Website newlifeplacements.com
- Legal Name Newlife Placements Private Limted
- Date of Incorporation 04 Jul, 2008
- Jurisdiction Tiruchirappalli, Tamil Nadu, India
- Annual Revenue₹16.91 Cr
FY 2024 · -3% YoY
- Net Profit₹23.6 Lakh
FY 2024 · 1% margin
- EBITDA₹86.5 Lakh
FY 2024 · 5% margin
- Employee Count697
Associated legal entities of New Life Placements
New Life Placements operates through Newlife Placements Private Limted (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 |
|---|---|---|---|---|---|---|---|
| Newlife Placements Private Limted CIN U74910TN2008PTC068464 | Active | 04 Jul 2008 | Tiruchirappalli, Tamil Nadu | ₹16.9 Cr | 697 | 2 | View details |
Board of directors of Newlife Placements Private Limted (New Life Placements)
Newlife Placements Private Limted is the primary company behind New Life Placements. The board of Newlife Placements Private Limted currently have 2 directors; the longest-serving is Mohanadoss Gayathri, appointed in 2018. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohanadoss Gayathri DIN 08246302 | Managing Director | 28 Sep 2018 | 8 yrs 1 mo | Newlife Placements Private Limted |
| Kannan Raja DIN 07353838 | Director | 05 Apr 2022 | 4 yrs 6 mo | Newlife Placements Private Limted |
Financials of New Life Placements
Figures of Newlife Placements Private Limted, the primary company behind New Life Placements, for FY 2024. Revenue was ₹16.91 Cr (-3% year on year). Net profit was ₹23.6 Lakh (1% margin). EBITDA was ₹86.5 Lakh (5% margin). Revenue has grown at a compounded annual rate of +2% over three years and +11% over five years.
- ₹16.91 CrRevenue · FY 2024 · -3% YoY
- ₹23.6 LakhNet profit · 1% margin
- ₹86.5 LakhEBITDA · 5% margin
- ₹20 LakhPaid-up capital
- 697Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Newlife Placements Private Limted are on its company page.
Detailed financial statements for New Life Placements
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Similar companies to New Life Placements
New Life Placements has 3 listed similar companies in our database, 2 of them funded. They include TeamLease, Able Jobs and Randstad India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamlease.com | 2000 | Bengaluru, India | $28.39M | 1,112 | Staffing and recruiting services connect employers with job candidates. | |
| ablejobs.co | 2019 | Bengaluru, India | $2.36M | 6 | Online candidate assistance is provided through tools and training platforms. | |
| randstad.in | 2005 | Chennai, India | 65,462 | Recruitment process outsourcing services are provided to clients. |
Detailed similar companies of New Life Placements
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- Operating metrics
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as New Life Placements (Human Resource & Staffing Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M |
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Frequently Asked Questions about New Life Placements
New Life Placements was founded in 2004.
New Life Placements is headquartered in Tiruchirappalli, India. It is registered at Tiruchirappalli, Tamil Nadu, India.
New Life Placements has 697 employees.
The primary company behind New Life Placements, Newlife Placements Private Limted, reported revenue of ₹16.91 Cr for FY 2024, down 3% year on year.
New Life Placements offers staffing and job placement services across various industries, focusing on human resources and employment, recruitment services, staffing agencies, and job placement. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
New Life Placements's top competitors include TeamLease, Able Jobs and Randstad India.
New Life Placements operates through Newlife Placements Private Limted.
The legal entities of New Life Placements currently have 2 directors, including Mohanadoss Gayathri, Kannan Raja.