- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0005662

About Banyan Management Support Services Private Limited
Data last updated:
Banyan Management Support Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2012PTC084750. Its GSTIN is 33AAECB8997J1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors James Kennady (Managing Director) and Jyothi Theresa Theluri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.420 / 9 1st Floor T.I.Cycle Road Ambattur, Chennai, Tamil Nadu, India – 600053.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.76 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹35.04 Lakh (net margin -12.7%) and EBITDA of -₹34.67 Lakh (EBITDA margin -12.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹1.2 Cr on record.
Banyan Management Support Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0005662). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banyanhr.com.
Company details
Recognitions & Rankings of Banyan Management Support Services
Contact details
Banyan Management Support Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is banyanhr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.420 / 9 1st Floor T.I.Cycle Road Ambattur, Chennai, Tamil Nadu, India – 600053
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Banyan Management Support Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Banyan Management Support Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Banyan Management Support Services Private Limited, buy the company report.
Financials of Banyan Management Support Services Private Limited
FY 2024 filings availableBanyan Management Support Services Private Limited reported revenue of ₹2.76 Cr (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 62% fall in the latest year. EBITDA fell 879% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹34.67 Lakh | ||||
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| Net Profit (PAT) | -₹35.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -12.5% | ||||
| Net Profit Margin | -12.7% | ||||
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To see the full financial statements and ratios of Banyan Management Support Services Private Limited, buy the company report.
Board of directors of Banyan Management Support Services Private Limited
Banyan Management Support Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Theresa Theluri | Director | 06 Apr 2018 | 8 Years 6 Months | Current |
| James Kennady | Managing Director | 02 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Banyan Management Support Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HRSC Strategies Consulting India Private Limited | ₹2.77 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Peoplentech Offshore Solutions Private Limited | ₹2.77 Cr (FY 2025) | 10.0% | Gurgaon, Haryana, India | |||
| Banyan Management Support Services Private Limitedthis company | ₹2.76 Cr (FY 2024) | -₹35.04 Lakh | -12.7% | -62.0% | Chennai, Tamil Nadu, India | |
| JVL Sourcing Solutions Private Limited | ₹2.76 Cr (FY 2024) | -28.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Banyan Management Support Services Private Limited, buy the company report.
Auditor
Banyan Management Support Services Private Limited is audited by A SENTHIL KUMAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SENTHIL KUMAR & ASSOCIATES | FY 2023 | 214611 |
Shareholding
The shareholding of Banyan Management Support Services Private 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Banyan Management Support Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2019 | 100281693 | Standard Chartered Bank | ₹1.2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Banyan Management Support Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banyan Management Support Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banyan Management Support Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECB8997J1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Banyan Management Support Services Private Limited, buy the company report.
Recent activity
Banyan Management Support Services Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Jesaiah Siluvaiarockia Kennedy ceased to be Director on 07 Apr 2018.
Frequently asked questions
Banyan Management Support Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 March 2012 (14+ years old) and is registered under CIN U74900TN2012PTC084750.
Banyan Management Support Services has 2 current directors:
- James Kennady - Managing Director
- Jyothi Theresa Theluri - Director
The latest financial statements of Banyan Management Support Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Banyan Management Support Services is 33AAECB8997J1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Banyan Management Support Services is U74900TN2012PTC084750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banyan Management Support Services was incorporated on 02 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Banyan Management Support Services by revenue are HRSC Strategies Consulting India Private Limited, Peoplentech Offshore Solutions Private Limited, JVL Sourcing Solutions Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Jesaiah Siluvaiarockia Kennedy ceased to be Director on 07 Apr 2018. Jyothi Theresa Theluri was appointed as Director on 06 Apr 2018. Vincent Arul ceased to be Director on 31 Mar 2014. Banyan Management Support Services has 4 board changes on record in total.
Yes, Banyan Management Support Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0005662).
Banyan Management Support Services can be reached through the website banyanhr.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Banyan Management Support Services is at No.420 9 1st Floor T.I.Cycle Road Ambattur, Chennai, Tamil Nadu, India – 600053.