Citicom Outsource Private Limited
About Citicom Outsource Private Limited
Data last updated:
Citicom Outsource Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the support services segment of the services sector. It was incorporated on 24 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC239093. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachitanand Krishna Shetty and Sanjay Shantaram Karjavkar.
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 A – 5 1st Floor Aurum Enclave Nehru Road Vakola Santacruz East, Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.1 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹4,925 (net margin -1%) and EBITDA of -₹4,169 (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 5 1st Floor Aurum Enclave Nehru Road Vakola Santacruz East, Mumbai, Maharashtra, India – 400055
- IndustryService, Other Support Services
- 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 Citicom Outsource Private Limited
The main business activity of Citicom Outsource is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | 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 Citicom Outsource Private Limited FY 2025 filings available
Citicom Outsource Private Limited reported revenue of ₹5.1 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Citicom Outsource Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 16% fall in the latest year. EBITDA fell 249% 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 Citicom Outsource 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 | -₹4,169 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4,925 | •••• | •••• | •••• | •••• |
| 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 Citicom Outsource Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1% | •••• | •••• | •••• | •••• |
| 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 Citicom Outsource 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.
Board of Directors of Citicom Outsource Private Limited
Citicom Outsource has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachitanand Krishna Shetty | Director | 14 Jan 2017 | 9 Years 9 Months | Current |
| Sanjay Shantaram Karjavkar | Director | 14 Jan 2017 | 9 Years 9 Months | Current |
Peer Comparison of Citicom Outsource Private Limited
Citicom Outsource Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Office administrative, office support and other business support activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PNS Serving Hub Private Limited | ₹5.14 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Gurgaon, Haryana, India |
| Advitiya Staff Solution Private Limited | ₹5.13 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Steel Drum Association of India | ₹5.12 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Citrine Fynamics Management Private Limited | ₹5.11 Lakh (FY 2025) | •••• | •••• | 85.0% | •••• | Nagpur, Maharashtra, India |
| A Little Big Entertainment Private Limited | ₹5.1 Lakh (FY 2024) | •••• | •••• | 920.0% | •••• | Mumbai, Maharashtra, India |
| Citicom Outsource Private Limited this company | ₹5.1 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Orizon Staffing (OPC) Private Limited | ₹5.1 Lakh (FY 2024) | •••• | •••• | •••• | Patna, Bihar, India | |
| Shree Jagdish Edu Tech Private Limited | ₹5.1 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Rewari, Haryana, India |
| Aurumveda Health Private Limited | ₹5.07 Lakh (FY 2025) | •••• | •••• | 347.0% | •••• | Hyderabad, Telangana, India |
| Jagdusha Enterprise Private Limited | ₹5.05 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Simpleton Multitrade Private Limited | ₹5.04 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Citicom Outsource by revenue in the same principal business activity (Office administrative, office support and other business support activities), 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 Citicom Outsource Private Limited
Citicom Outsource Private Limited is audited by MAAS & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAAS & ASSOCIATES | 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.
Ownership and Shareholding of Citicom Outsource 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 Citicom Outsource Private Limited
Citicom Outsource Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Citicom Outsource Private Limited
Employment history and EPFO contributions of people linked to Citicom Outsource.
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 Citicom Outsource Private Limited
Citicom Outsource Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Sachitanand Krishna Shetty ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Citicom Outsource 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 Citicom Outsource 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 Citicom Outsource 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 Citicom Outsource Private Limited
Citicom Outsource has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Citicom Outsource 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 Citicom Outsource Private Limited
Citicom Outsource is an active private limited company based in Mumbai, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 24 December 2012 (14+ years old) and is registered under CIN U74120MH2012PTC239093.
Citicom Outsource reported revenue of ₹5.1 Lakh for FY 2024 (down 16% YoY).
Citicom Outsource has 2 current directors:
- Sachitanand Krishna Shetty - Director
- Sanjay Shantaram Karjavkar - Director
Citicom Outsource reported a net loss of ₹4,925 (net margin -1%) and EBITDA of -₹4,169 (EBITDA margin -0.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Citicom Outsource is -34% over three years and -21% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
No. Citicom Outsource has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Citicom Outsource is U74120MH2012PTC239093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citicom Outsource was incorporated on 24 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Citicom Outsource by revenue are PNS Serving Hub Private Limited, Advitiya Staff Solution Private Limited, Steel Drum Association of India, Citrine Fynamics Management Private Limited, A Little Big Entertainment Private Limited and 5 more, all in the same principal business activity (Office administrative, office support and other business support activities).
Sachitanand Krishna Shetty ceased to be Additional Director on 30 Nov 2021. Sanjay Shantaram Karjavkar ceased to be Additional Director on 30 Nov 2021. Nagesh Krishna Shetty ceased to be Director on 23 Jan 2017. Citicom Outsource has 6 board changes on record in total.
The registered office of Citicom Outsource is at A – 5 1st Floor Aurum Enclave Nehru Road Vakola Santacruz East, Mumbai, Maharashtra, India – 400055.