Ciel HR Services Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74140TN2010PLC077095 Incorporated 23 August 2010 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company business outsourcing
Data last updated
Revenue · FY 2026
₹1,990.97 Cr
▲ 32% YoY
Net profit · FY 2026
₹3.28 Cr
Net margin 0.2%
EBITDA · FY 2026
₹35.42 Cr
EBITDA margin 1.8%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹8.51 Cr
Issued & subscribed
Open charges
₹105.05 Cr
Satisfied ₹47 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
26,264
Provident fund records

About Ciel HR Services Limited

Data last updated:

Ciel HR Services Limited is a public 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 23 August 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2010PLC077095. Its GSTIN is 33AAPCS4963G1Z0 (Tamil Nadu). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.51 Cr. It was formerly known as Suhanila Management Consultants Private Limited. It is led by directors including Adityanarayan Mishra (Managing Director) and Chandu Nair.

Its last annual general meeting (AGM) was held on 16 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.

As per the financials filed for FY 2026, the company reported a revenue of ₹1,990.97 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Cr (net margin 0.2%) and EBITDA of ₹35.42 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 45% over five years.

The company has about 26,264 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.

The company is associated with 2 brands: Jombay and Ciel Hr. As per MCA filings, the company has open charges of ₹105.05 Cr and satisfied charges of ₹47 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 24 deals on record (9 secondary share transfers, 8 funding rounds, 4 rights issues), with disclosed funding of ₹94.84 Cr; the latest was in July 2024.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cielhr.com.

Company details

CIN U74140TN2010PLC077095
Registration Number 077095
Incorporation Date 23 August 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 June 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Ciel HR Services has one previous CIN (Corporate Identification Number): U74140TN2010PTC077095. The current CIN is U74140TN2010PLC077095, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140TN2010PLC077095Current
U74140TN2010PTC077095Previous

Contact details

Ciel HR Services Limited's registered office is in Chennai, Tamil Nadu. Its website is cielhr.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Plot No. 3726 Door No. 41 'Ma Foi House' 6th Avenue Q – Block An, Na Nagar, Chennai, Tamil Nadu, India – 600040
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Ciel HR Services Limited, buy the company report.

Comprehensive company report
Ciel HR Services 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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Brands

Ciel HR Services operates two associated brands: Jombay and CIEL HR. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of talent assessment and analytics platform for companiesjombay.com
HR management, recruitment, and staffing services are provided.cielhr.com

Business activity

The main business activity of Ciel HR Services is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Ciel HR Services Limited, buy the company report.

Financials of Ciel HR Services Limited

FY 2025 filings available

Ciel HR Services Limited reported revenue of ₹1,990.97 Cr (up 32% YoY) for FY 2026.

Revenue · FY 2026
₹1,990.97 Cr ▲ 32%
Net profit · FY 2026
₹3.28 Cr margin 0.2%
EBITDA · FY 2026
₹35.42 Cr margin 1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 35%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 70%
5 years · compounded
▲ 63%

Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 32% growth in the latest year. EBITDA rose 1% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹35.42 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.28 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin1.8%
Net Profit Margin0.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ciel HR Services Limited, buy the company report.

Board of directors of Ciel HR Services Limited

Ciel HR Services has 10 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandu NairDirector30 May 20242 Years 4 MonthsCurrent
Arunkumar Nerur ThiagarajanDirector08 Dec 20214 Years 10 MonthsCurrent
Adityanarayan MishraManaging Director05 Aug 201511 Years 2 MonthsCurrent
Ipsita KathuriaDirector27 Jun 20242 Years 3 MonthsCurrent
Doraiswamy Krishnan RajivDirector08 Dec 20214 Years 10 MonthsCurrent
Lilian Jessie PaulDirector30 May 20242 Years 4 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Ciel HR Services Limited is audited by MS K A & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
MS K A & AssociatesFY 2024105047W

Shareholding

The shareholding of Ciel HR Services Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ciel HR Services Limited, buy the company report.

Charges & borrowings

Open charges
₹105.05 Cr
Satisfied charges
₹47 Cr
Breakdown by lending institutions
Others₹54.05 Cr
Hdfc Bank Limited₹51.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Aug 2025101151117Others₹12 CrOpen
27 Dec 2024101062756Others₹1.05 CrOpen
09 Aug 2023100791592Others₹25 LakhOpen
12 Jun 2023100785421Others₹15 LakhOpen
31 Mar 2023100717121Others₹60 LakhOpen

To see the full charge records of Ciel HR Services Limited, buy the company report.

Total charge records: 27 View all charges

Deals & funding

Ciel HR Services Limited has 24 deals on record (9 secondary share transfers, 8 funding rounds, 4 rights issues), with disclosed funding of ₹94.84 Cr; the latest was in July 2024.

Total deals
24
Secondary share transfers
9
Funding rounds
8
Rights issues
4
Convertible or debt financings
3
Disclosed funding
₹94.84 Cr

Deals on record (5 of 24)

WhenDealAmountParties
Mar 2024Rights issue₹6 CrInvestors: Sri Kaliswari Fireworks Private Limited , Zoho Corporation Private Limited , 2 individuals
Dec 2023Funding round₹22.8 CrInvestors: 4 individuals
May 2022Funding round₹3.39 CrInvestors: CK Airtech India Private Limited , Ashok Matches and Timber Industries Private Limited , Kelsa Management Solutions Private Limited , an individual
Apr 2022Funding round₹8.08 CrInvestors: Zoho Corporation Private Limited , Sri Kaliswari Fireworks Private Limited , 2 individuals
Mar 2022Funding round₹2 CrInvestors: V.V.V & Sons Edible Oils Limited

To see the full deal history of Ciel HR Services Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ciel HR Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ciel HR Services has 7 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

7
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Ciel Technologies Private LimitedU72900TN2011PTC083252
Integrum Technologies Private LimitedU72900TN2018PTC124094
Ma Foi Strategic Consultants Private LimitedU74140TN2011PTC078708
Aargee Staffing Services Private LimitedU74900TN2009PTC070925
Firstventure Corporation Private LimitedU74999MH2012PTC228159
Next Leap Career Solutions Private LimitedU74999PN2010PTC151116

To see the full group structure of Ciel HR Services Limited, buy the company report.

Employees & EPFO

Ciel HR Services Limited has a workforce of 26,264 employees on its EPFO records as of Jan 31, 2025, across 2 active EPFO establishments.

Employee count
26,264
Active EPFO establishments
2
Employee growth
12.56%

GST

Ciel HR Services has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
33AAPCS4963G1Z0Tamil NaduActive01 Jul 2017
29AAPCS4963G1ZPKarnatakaActive25 Sep 2018
36AAPCS4963G1ZUTelanganaActive01 Jan 2020
27AAPCS4963G1ZTMaharashtraActive05 Oct 2021

To see the full GST registrations and return filing status of Ciel HR Services Limited, buy the company report.

Recent activity

Ciel HR Services Limited has 19 board changes on record since 2010: 10 appointments and 9 cessations. The latest: Chandu Nair ceased to be Additional Director on 23 Jul 2024.

Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 101151117 was registered on 28 Aug 2025.
AGM
Ciel Hr Services Limited last Annual general meeting of members was held on 16 Jun 2025 as per latest MCA records.
Filing
Ciel Hr Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 1.05 Cr with Charge ID 101062756 was registered on 27 Dec 2024.
Charges
A charge with Others of Rs. 40.00 Cr registered on 11 Jan 2023 with Charge ID 100681888 was modified on 17 Dec 2024.
Charges
A charge registered on 28 Nov 2023 via Charge ID 100818107 with Others was fully satisfied on 16 Aug 2024.
Ceased
Chandu Nair ceased to be Additional Director.
Ceased
Ipsita Kathuria ceased to be Additional Director.
Ceased
Lilian Jessie Paul ceased to be Additional Director.
Ceased
Roopa Satish ceased to be Additional Director.
Appointed
Ipsita Kathuria was appointed as Director.
Appointed
Roopa Satish was appointed as Director.

63 earlier events are in the company report.

Frequently asked questions

Ciel HR Services is an active public 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 23 August 2010 (16+ years old) and is registered under CIN U74140TN2010PLC077095.

Ciel HR Services has 10 current directors:

The latest financial statements of Ciel HR Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ciel HR Services is 33AAPCS4963G1Z0, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAPCS4963G1ZP (Karnataka), 36AAPCS4963G1ZU (Telangana), 27AAPCS4963G1ZT (Maharashtra).

The CIN (Corporate Identification Number) of Ciel HR Services is U74140TN2010PLC077095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ciel HR Services has 1 court case on record: 1 filed against it. 1 is pending.

Ciel HR Services was incorporated on 23 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.

Ciel HR Services has 24 deals on record (9 secondary share transfers, 8 funding rounds, 4 rights issues), with disclosed funding of ₹94.84 Cr; the latest was in July 2024.

Chandu Nair ceased to be Additional Director on 23 Jul 2024. Ipsita Kathuria ceased to be Additional Director on 23 Jul 2024. Lilian Jessie Paul ceased to be Additional Director on 23 Jul 2024. Ciel HR Services has 19 board changes on record in total.

Ciel HR Services can be reached through the website cielhr.com. Its registered office is in Chennai, Tamil Nadu, India.