MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0073441
Busisol Sourcing (India) Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹93.59 Lakh
▲ 45% YoY
Net profit · FY 2024
₹3.94 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹5.7 Lakh
EBITDA margin 6.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
10
Provident fund records
About Busisol Sourcing (India) Private Limited
Data last updated:
Busisol Sourcing (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2004PTC144759. Its GSTIN is 27AACCB3418L1ZO (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Muthathal Palaniappan and Sudhakar Shivaji Yadav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401 Shivashish Commercial Complex 19th Road, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2024, the company reported a revenue of ₹93.59 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹3.94 Lakh (net margin 4.2%) and EBITDA of ₹5.7 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Lakh on record.
Busisol Sourcing (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0073441). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website busisol.net.
Company details
CIN U72900MH2004PTC144759
Registration Number 144759
Incorporation Date 26 February 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0073441
Key People
Muthathal Palaniappan Director Sudhakar Shivaji Yadav Director Vincent Peter Caszo Director Recognitions & Rankings of Busisol Sourcing (India)
Contact details
Busisol Sourcing (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is busisol.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address401 Shivashish Commercial Complex 19th Road, Mumbai, Maharashtra, India – 400071
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Busisol Sourcing (India) Private Limited, buy the company report.
Comprehensive company report
Busisol Sourcing (India) Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Busisol Sourcing (India) is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Busisol Sourcing (India) Private Limited, buy the company report.
Financials of Busisol Sourcing (India) Private Limited
FY 2025 filings availableBusisol Sourcing (India) Private Limited reported revenue of ₹93.59 Lakh (up 45% YoY) for FY 2024.
Revenue · FY 2024
₹93.59 Lakh ▲ 45%
Net profit · FY 2024
₹3.94 Lakh margin 4.2%
EBITDA · FY 2024
₹5.7 Lakh margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 7%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 247%
3 years · compounded
▼ 8%
5 years · compounded
▲ 14%
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 247% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Busisol Sourcing (India) Private Limited, buy the company report.
Board of directors of Busisol Sourcing (India) Private Limited
Busisol Sourcing (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthathal Palaniappan Also directs: Sampatti Ventures Private Limited | Director | 01 Sep 2004 | 22 Years 1 Months | Current |
| Sudhakar Shivaji Yadav | Director | 01 Sep 2004 | 22 Years 1 Months | Current |
| Vincent Peter Caszo | Director | 02 Feb 2006 | 20 Years 8 Months | Current |
Shareholding
The shareholding of Busisol Sourcing (India) Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Busisol Sourcing (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2006 | 10013689 | Indian Bank | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Busisol Sourcing (India) 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 Busisol Sourcing (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Busisol Sourcing (India) Private Limited has a workforce of 10 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
Busisol Sourcing (India) has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB3418L1ZO | Maharashtra | Active | 01 Jul 2017 |
| 33AACCB3418L1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Busisol Sourcing (India) Private Limited, buy the company report.
Recent activity
Busisol Sourcing (India) Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Subramanian Palaniappan ceased to be Director on 06 Dec 2021.
AGM
Busisol Sourcing (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Busisol Sourcing (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Subramanian Palaniappan ceased to be Director.
Charges
A charge with Indian Bank amounted to Rs. 5.00 Lakh with Charge ID 10013689 was registered on 06 Jul 2006.
Appointed
Vincent Peter Caszo was appointed as Director.
Appointed
Muthathal Palaniappan was appointed as Director.
Appointed
Sudhakar Shivaji Yadav was appointed as Director.
Incorporation
26 Feb 2004
Busisol Sourcing (India) Private Limited was registered on 26 Feb 2004 with Roc Mumbai I & aged 22 years 8 months as per MCA records.
Frequently asked questions
Busisol Sourcing (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 February 2004 (22+ years old) and is registered under CIN U72900MH2004PTC144759.
Busisol Sourcing (India) has 3 current directors:
- Muthathal Palaniappan - Director
- Sudhakar Shivaji Yadav - Director
- Vincent Peter Caszo - Director
The latest financial statements of Busisol Sourcing (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Busisol Sourcing (India) is 27AACCB3418L1ZO, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AACCB3418L1ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of Busisol Sourcing (India) is U72900MH2004PTC144759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Busisol Sourcing (India) was incorporated on 26 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Subramanian Palaniappan ceased to be Director on 06 Dec 2021. Vincent Peter Caszo was appointed as Director on 02 Feb 2006. Muthathal Palaniappan was appointed as Director on 01 Sep 2004. Busisol Sourcing (India) has 4 board changes on record in total.
Yes, Busisol Sourcing (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0073441).
Busisol Sourcing (India) can be reached through the website busisol.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Busisol Sourcing (India) is at 401 Shivashish Commercial Complex 19th Road, Mumbai, Maharashtra, India – 400071.
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