About Circular Angle Private Limited
Data last updated:
Circular Angle Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 18 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC260218. Its GSTIN is 27AAHCC2270Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mugdha Prashant Karmalkar and Prashant Prabhakar Karmalkar.
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 7/603 Steppes Vasant Lawn Pokharan Road No 2, Majiwada Thane Maharashtra India 400601, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.43 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹63.15 Lakh (net margin 11.6%) and EBITDA of ₹1.69 Cr (EBITDA margin 31.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 40% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website circularangle.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7/603 Steppes Vasant Lawn Pokharan Road No 2, Majiwada Thane Maharashtra India 400601, Maharashtra, India – 400601
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Circular Angle Private Limited
The main business activity of Circular Angle is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Circular Angle Private Limited FY 2024 filings available
Circular Angle Private Limited reported revenue of ₹5.43 Cr (up 113% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Circular Angle Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 113% growth in the latest year. EBITDA rose 677% 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 of Circular Angle Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.15 Lakh | •••• | •••• | •••• | •••• |
| 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 of Circular Angle Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Circular Angle are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Circular Angle Private Limited
Circular Angle Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Idld Learning & Development (India) Private Limited | ₹5.44 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Dynamic Superways and Exports Limited | ₹5.44 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Dreamleaders Services Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | 213.0% | •••• | Patna, Bihar, India |
| Symphony Tech Solutions and Consultancy Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Ready Divine Security Services Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Nagpur, Maharashtra, India |
| Circular Angle Private Limited this company | ₹5.43 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | Thane, Maharashtra, India |
| Fit & Hit Services Private Limited | ₹5.41 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Delhi, India |
| Talents Creed Solutions Private Limited | ₹5.41 Cr (FY 2024) | •••• | •••• | -58.0% | •••• | Trinity, Karnataka, India |
| Prashi Management Consulting Private Limited | ₹5.41 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurgaon, Haryana, India |
| Blue Lotus Facility Management Private Limited | ₹5.4 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Pune, Maharashtra, India |
| Akav HR Services Private Limited | ₹5.4 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Circular Angle by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Circular Angle Private Limited
Circular Angle Private Limited is audited by J P M S & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J P M S & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Circular Angle Private Limited
Circular Angle has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mugdha Prashant Karmalkar | Director | 18 Dec 2014 | 11 Years 9 Months | Current |
| Prashant Prabhakar Karmalkar | Director | 18 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of Circular Angle Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Circular Angle Private Limited
Circular Angle Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Circular Angle Private Limited
Circular Angle Private Limited has 3 court cases on record: 3 filed against it. All cases are pending. Status as checked between 21 Sep 2026 and 23 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Clix Capital Services Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Capital Trade Links Limited | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Circular Angle Private Limited
Employment history and EPFO contributions of people linked to Circular Angle.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Circular Angle Private Limited
Circular Angle Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Mugdha Prashant Karmalkar was appointed as Director on 18 Dec 2014.
Credit Ratings, Litigation & Regulatory Alerts for Circular Angle Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Circular Angle Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Circular Angle Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Circular Angle Private Limited
Circular Angle has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC2270Q1Z8 | Maharashtra | Active | 08 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Circular Angle Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Circular Angle Private Limited
Circular Angle is an active private limited company based in Thane, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 18 December 2014 (12+ years old) and is registered under CIN U74999MH2014PTC260218.
Circular Angle reported revenue of ₹5.43 Cr for FY 2024 (up 113% YoY).
Circular Angle has 2 current directors:
- Mugdha Prashant Karmalkar - Director
- Prashant Prabhakar Karmalkar - Director
Circular Angle reported a net profit of ₹63.15 Lakh (net margin 11.6%) and EBITDA of ₹1.69 Cr (EBITDA margin 31.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Circular Angle is 45% over three years and 40% over five years. In the latest year (FY 2024) revenue rose 113%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Circular Angle is 27AAHCC2270Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Circular Angle is U74999MH2014PTC260218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Circular Angle has 3 court cases on record: 3 filed against it. 3 are pending.
Circular Angle was incorporated on 18 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Circular Angle by revenue are Idld Learning & Development (India) Private Limited, Dynamic Superways and Exports Limited, Dreamleaders Services Private Limited, Symphony Tech Solutions and Consultancy Private Limited, Ready Divine Security Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Mugdha Prashant Karmalkar was appointed as Director on 18 Dec 2014. Prashant Prabhakar Karmalkar was appointed as Director on 18 Dec 2014.