About Nova HRO
Nova HRO is a Business Services company based in Mumbai (India) founded in 2012. It provides HR outsourcing, staffing, recruitment, and training services. It operates on a B2B model. The company has 327 employees. Its Indian entity Nova Human Resources Outsourcing Private Limited reported revenue of ₹15.09 Cr. Nova HRO offers products and services including Temporary Staffing, Permanent Recruitment, Payrolling, Executive Search, and HR Outsourcing. Its focus areas include Information Technology, IT Services, Recruitment and HR Outsourcing.
Company details
Nova HRO specializes in delivering HR outsourcing and staffing solutions, including temporary staffing, permanent recruitment, payrolling, and executive search. The company operates in sectors like IT, FMCG, banking, and manufacturing, assisting clients with resource management and processes. Based in Mumbai and Pune, India, it helps businesses streamline operations through efficient human resource services.
- Headquarters Mumbai, India
- Employees 327
- SectorsBusiness Services
- Website novahro.com
- Social X Facebook
- Legal Name Nova Human Resources Outsourcing Private Limited
- Date of Incorporation 24 Aug, 2012
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹15.09 Cr
FY 2024 · +6% YoY
- Net Profit₹10.7 Lakh
FY 2024 · 1% margin
- EBITDA₹11.2 Lakh
FY 2024 · 1% margin
- Employee Count327
Associated legal entities of Nova HRO
Nova HRO operates through Nova Human Resources Outsourcing 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 |
|---|---|---|---|---|---|---|---|
| Nova Human Resources Outsourcing Private Limited CIN U74910MH2012PTC234925 | Active | 24 Aug 2012 | Mumbai, Maharashtra | ₹15.1 Cr | 327 | 2 | View details |
Products & Services of Nova HRO
Nova HRO offers a comprehensive portfolio of products and services, including Temporary Staffing, Permanent Recruitment, Payrolling, Executive Search, and HR Outsourcing.
Provides on-demand temporary workforce for various industries.
Assists in sourcing and hiring permanent employees.
Manages payroll and benefits for client companies.
Offers specialized recruitment for executive roles.
Handles end-to-end HR processes for businesses.
Board of directors of Nova Human Resources Outsourcing Private Limited (Nova HRO)
Nova Human Resources Outsourcing Private Limited is the primary company behind Nova HRO. The board of Nova Human Resources Outsourcing Private Limited currently have 2 directors; the longest-serving is Rajagopal Rangachari, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajagopal Rangachari DIN 00118219 | Director | 24 Aug 2012 | 14 yrs 1 mo | Nova Human Resources Outsourcing Private Limited |
| Bhaskar Teckulur Konati DIN 00056394 | Director | 01 Apr 2019 | 7 yrs 6 mo | Nova Human Resources Outsourcing Private Limited |
Financials of Nova HRO
Figures of Nova Human Resources Outsourcing Private Limited, the primary company behind Nova HRO, for FY 2024. Revenue was ₹15.09 Cr (+6% year on year). Net profit was ₹10.7 Lakh (1% margin). EBITDA was ₹11.2 Lakh (1% margin). Revenue has grown at a compounded annual rate of +2% over three years and +1% over five years.
- ₹15.09 CrRevenue · FY 2024 · +6% YoY
- ₹10.7 LakhNet profit · 1% margin
- ₹11.2 LakhEBITDA · 1% margin
- ₹30 LakhPaid-up capital
- 327Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nova Human Resources Outsourcing Private Limited are on its company page.
Detailed financial statements for Nova HRO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as Nova HRO (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 Nova HRO
Nova HRO was founded in 2012.
Nova HRO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nova HRO has 327 employees.
The primary company behind Nova HRO, Nova Human Resources Outsourcing Private Limited, reported revenue of ₹15.09 Cr for FY 2024, up 6% year on year.
Nova HRO specializes in delivering HR outsourcing and staffing solutions, including temporary staffing, permanent recruitment, payrolling, and executive search. The company operates in sectors like IT, FMCG, banking, and manufacturing, assisting clients with resource management and processes. Based in Mumbai and Pune, India, it helps businesses streamline operations through efficient human resource services.
Nova HRO offers Temporary Staffing, Permanent Recruitment, Payrolling, Executive Search, and HR Outsourcing.
Nova HRO operates through Nova Human Resources Outsourcing Private Limited.
The legal entities of Nova HRO currently have 2 directors, including Rajagopal Rangachari, Bhaskar Teckulur Konati.