About TSR Darashaw
TSR Darashaw is a Business Services company based in Mumbai (India) founded in 1960, and was acquired by TeamLease in December 2024. BPO services including payroll and compliance are provided to businesses. The company has 280 employees. Its chief executive, as recorded, is Ravindra Joshi. Its website tsrdarashaw.com draws about 30 thousand monthly visits. Its Indian entity Tsr Darashaw Private Limited reported revenue of ₹176 Cr. TSR Darashaw offers products and services including Payroll Processing, Trust Fund Administration, Statutory Compliances, and Records Management. Its focus areas include BPO Services and Horizontal. Its competitors include Quess, Datamatics and Hexaware; 1 of its 3 listed competitors has raised funding.
Company details
TSR Darashaw was founded in 1960 in Mumbai, India, where operations in the business process outsourcing sector are conducted. Services such as payroll processing, trust fund administration, statutory compliance, and record management are offered to support business functions. Additional outsourcing solutions are provided to clients across various industries, with a focus on administrative and regulatory needs. The company is led by CEO Ravindra Joshi.
- Headquarters Mumbai, India
- Employees 280
- Stage Acquired
- SectorsBusiness Services
- Phone•••• ••••
- Website tsrdarashaw.com
- Social LinkedIn
- Acquired by Link Intime (Jun 2019)
- Legal Name Tsr Darashaw Private Limited
- Date of Incorporation 04 Sep, 1985
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of TSR Darashaw
TSR Darashaw is associated with 5 registered companies on The Company Check; the primary company is Tsr Darashaw Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tsr Darashaw Private Limited CIN U67120MH1985PTC037369 | Active | 04 Sep 1985 | Mumbai, Maharashtra | ₹176 Cr | 74 | 4 | View details |
| Tsr Darashaw Limited CIN U67120MH1985PLC037369 | Active | 04 Sep 1985 | Mumbai, Maharashtra, India | View details | |||
| Tsr Darashaw Hr Services Private Limited CIN U74999MH2018PTC308390 | Active | 23 Apr 2018 | Mumbai, Maharashtra | ₹10.1 Cr | 64 | 3 | View details |
| Tsr Darashaw Records Management Private Limited CIN U74999MH2018PTC308340 | Active | 20 Apr 2018 | Mumbai, Maharashtra | 4 | View details | ||
| Tsr Consultants Private Limited CIN U74999MH2018PTC307859 | Amalgamated | 11 Apr 2018 | Mumbai, Maharashtra | ₹36.9 Cr | 145 | 4 | View details |
Products & Services of TSR Darashaw
TSR Darashaw offers a comprehensive portfolio of products and services, including Payroll Processing, Trust Fund Administration, Statutory Compliances, and Records Management.
Handles customizable payroll solutions with reporting and compliance features.
Manages provident funds, pensions, and related trust activities.
Oversees PF, ESIC, and other legal compliance requirements.
Administers physical and digital record storage and retrieval.
Investors in TSR Darashaw
TSR Darashaw has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TeamLease and Link Intime.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | teamlease.com | Bengaluru, India | |
Registrar and transfer agent for listed companies in India | 1999 | linkintime.co.in | Mumbai, India |
Investor details for TSR Darashaw
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Board of directors of Tsr Darashaw Private Limited (TSR Darashaw)
Tsr Darashaw Private Limited is the primary company behind TSR Darashaw. The boards of the 4 registered companies of TSR Darashaw currently have 10 directors; the longest-serving is Baman Keki Dinshah Bamanji Mehta, appointed in 2018. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Baman Keki Dinshah Bamanji Mehta DIN 00017068 | Director | 20 Apr 2018 | 8 yrs 6 mo | Tsr Darashaw Records Management Private Limited, Tsr Darashaw Private Limited |
| Darashaw Keki Mehta DIN 00017308 | Director | 20 Apr 2018 | 8 yrs 6 mo | Tsr Darashaw Records Management Private Limited, Tsr Darashaw Private Limited, Tsr Consultants Private Limited |
| Daisy Keki Dinshah Bamanji Mehta DIN 00016904 | Director | 20 Apr 2018 | 8 yrs 6 mo | Tsr Darashaw Records Management Private Limited, Tsr Darashaw Private Limited |
| Kishor Purshottam Thakkar DIN 00025021 | Director | 28 May 2019 | 7 yrs 5 mo | Tsr Consultants Private Limited |
| Sanjeev Mavji Nandu DIN 00023560 | Director | 30 Sep 2019 | 7 yrs 1 mo | Tsr Consultants Private Limited |
| Andrew Michael Maclachlan DIN 08891461 | Director | 23 Sep 2020 | 6 yrs 1 mo | Tsr Consultants Private Limited |
| Alaka Chanda DIN 08856604 | Director | 20 Dec 2024 | 1 yr 10 mo | Tsr Darashaw Hr Services Private Limited |
| Ramani Dathi DIN 08296675 | Director | 20 Dec 2024 | 1 yr 10 mo | Tsr Darashaw Hr Services Private Limited |
| Tihunaz Keki Mehta DIN 03547443 | Director | 16 Jan 2025 | 1 yr 9 mo | Tsr Darashaw Records Management Private Limited, Tsr Darashaw Private Limited |
| Neeti Sharma DIN 09084370 | Director | 07 Nov 2025 | 1 yr | Tsr Darashaw Hr Services Private Limited |
People of TSR Darashaw
33 people are tracked at TSR Darashaw (6 in leadership, 7 in board & advisors, 20 in team); the tracked headcount is 280.
| Name | Role | Group |
|---|---|---|
Ravindra Joshi | CEO | Leadership |
N. Ganapathy Subramaniam | COO & Executive Director | Leadership |
Rajesh Gopinathan | CEO & Managing Director | Leadership |
TSR DARASHAW | Vice President Of Business Development | Leadership |
Jolly Bhasin | Head Of Business Operations | Leadership |
Samir Seksaria | CFO | Leadership |
Aarthi Subramanian | Non-Executive Director | Board & advisors |
Pradeep Kumar Khosla | Independent Non-Executive | Board & advisors |
Hanne Birgitte Breinbjerg Sorensen | Independent Non-Executive | Board & advisors |
Keki M. Mistry | Independent Non-Executive | Board & advisors |
O. P. Bhatt | Independent Non-Executive | Board & advisors |
N. Chandrasekaran | Non-Independent, Non-Executive | Board & advisors |
Don Callahan | Independent Non-Executive | Board & advisors |
ESHWAR WADHWA | Accountant | Team |
Keshav Poojari | Commission Sales Associate | Team |
Ayush Upadhyay | Associate Manager | Team |
Shivanand Mulagund | Associate | Team |
Tushar Pingale | Senior Associate | Team |
Renuka Bhosale Pillewar | Associate Manager | Team |
Milind Lakkad | CHRO, TCS | Team |
13 more people are available in the full profile.
Complete people profiles for TSR Darashaw
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Financials of TSR Darashaw
Figures of Tsr Darashaw Private Limited, the primary company behind TSR Darashaw, for FY 2025. Revenue was ₹176 Cr (-69% year on year). Net profit was ₹11.38 Cr (6% margin). EBITDA was ₹26.67 Cr (15% margin). Revenue has grown at a compounded annual rate of +22% over three years and +7% over five years.
- ₹176 CrRevenue · FY 2025 · -69% YoY
- ₹11.38 CrNet profit · 6% margin
- ₹26.67 CrEBITDA · 15% margin
- ₹1.90 CrPaid-up capital
- 74Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tsr Darashaw Private Limited are on its company page.
Detailed financial statements for TSR Darashaw
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of TSR Darashaw
3 dated milestones of TSR Darashaw across 64 years, from founding to its latest funding, stage changes and deals.
- Founded TSR Darashaw is founded.
- Exit Acquired by Link Intime.
- Exit Acquired by TeamLease.
Competitors of TSR Darashaw
TSR Darashaw has 3 listed competitors in our database, 1 of them funded. They include Quess, Datamatics and Hexaware.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quesscorp.com | 2007 | Bengaluru, India | 1,860 | Provider of outsourcing and business services | ||
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| hexaware.com | 1990 | Mumbai, India | 23,635 | Provider of IT consulting and BPO services |
Detailed competitors of TSR Darashaw
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Web traffic of TSR Darashaw
The website of TSR Darashaw (tsrdarashaw.com) receives about 29.8K visits a month.
- Monthly visits29.8K
▼ 6.3% vs previous month
Websites whose visitors overlap most with TSR Darashaw. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| darashaw.com | 100% | 19.6K | #1,480,902 | View details | |
hrp.net | hrp.net | 84% | #393,384 | – | |
| adp.com | 83% | 99.2M | #460 | View details | |
| surepayroll.com | 72% | 933.8K | #32,814 | View details | |
| ioipay.com | 51% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for TSR Darashaw
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Top companies in Business Process Outsourcing (BPO)
3 companies that operate in the same segment as TSR Darashaw (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of outsourcing and business services | 2007 | Bengaluru, Karnataka, India | USD 1.63 B | 299 | ||
Cloud-based text analytics and cognitive automation services are provided. | 1975 | Mumbai, Maharashtra, India | USD 3 M | USD 211.78 M | 4,960 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | USD 2.03 B | 5,688 |
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Related news about Tsr Darashaw
Complete news archive for TSR Darashaw
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Frequently Asked Questions about TSR Darashaw
TSR Darashaw was founded in 1960.
TSR Darashaw is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ravindra Joshi is the CEO of TSR Darashaw, as recorded in our data.
TSR Darashaw has 280 employees.
The primary company behind TSR Darashaw, Tsr Darashaw Private Limited, reported revenue of ₹176 Cr for FY 2025, down 69% year on year.
TSR Darashaw was founded in 1960 in Mumbai, India, where operations in the business process outsourcing sector are conducted. Services such as payroll processing, trust fund administration, statutory compliance, and record management are offered to support business functions. Additional outsourcing solutions are provided to clients across various industries, with a focus on administrative and regulatory needs. The company is led by CEO Ravindra Joshi.
TSR Darashaw's top competitors include Quess, Datamatics and Hexaware.
TSR Darashaw offers Payroll Processing, Trust Fund Administration, Statutory Compliances, and Records Management.
TSR Darashaw has 2 investors. Key investors include TeamLease, and Link Intime.
TSR Darashaw is associated with 4 legal entities: Tsr Darashaw Private Limited, Tsr Darashaw Records Management Private Limited, Tsr Darashaw Hr Services Private Limited and others.
Yes. TSR Darashaw was acquired by Link Intime in June 2019.
The legal entities of TSR Darashaw currently have 10 directors, including Baman Keki Dinshah Bamanji Mehta, Darashaw Keki Mehta, Tihunaz Keki Mehta and others.