MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0075326
Concept HR Services Private Limited - business outsourcing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.55 Cr
▲ 18% YoY
Net profit · FY 2025
₹3.12 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹13.6 Lakh
EBITDA margin 1.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
148
Provident fund records
Directors on board
2
As per MCA filings
About Concept HR Services Private Limited
Data last updated:
Concept HR Services Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 01 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2011PTC066970. Its GSTIN is 24AAECC5284H1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshaben Kaushikkumar Chokshi and Payal Ritesh Pal.
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 C – 508 Time Square Fatehgunj Main Road Nr Petrol Pump, Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.55 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Lakh (net margin 0.3%) and EBITDA of ₹13.6 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 62% over five years.
The company has about 148 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ConceptHR.
Concept HR Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0075326). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website concepthr.com.
Company Details of Concept HR Services Private Limited
CIN U74140GJ2011PTC066970
Registration Number 066970
Incorporation Date 01 September 2011
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-24-0075326
Recognitions & Rankings of Concept HR Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 508 Time Square Fatehgunj Main Road Nr Petrol Pump, Vadodara, Gujarat, India – 390002
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
Comprehensive company report
Concept HR Services 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Concept HR Services Private Limited
Concept HR Services operates one associated brand: ConceptHR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers payroll processing, benefits administration, and HR solutions for businesses. | concepthr.com |
Business Activity of Concept HR Services Private Limited
The main business activity of Concept HR Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Premium access
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 Concept HR Services Private Limited FY 2025 filings available
Concept HR Services Private Limited reported revenue of ₹9.55 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹9.55 Cr ▲ 18%
Net profit · FY 2025
₹3.12 Lakh margin 0.3%
EBITDA · FY 2025
₹13.6 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR) of Concept HR Services Private Limited
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 25%
5 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 92%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 18% growth in the latest year. EBITDA rose 30% 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 Concept HR Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.12 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 Concept HR Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Concept HR Services are in the company report.
Premium access
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 Concept HR Services Private Limited
Concept HR Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshaben Kaushikkumar Chokshi | Director | 01 Sep 2011 | 15 Years 1 Months | Current |
| Payal Ritesh Pal | Director | 01 Sep 2011 | 15 Years 1 Months | Current |
Peer Comparison of Concept HR Services Private Limited
Concept HR Services 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 |
|---|---|---|---|---|---|---|
| Terastar Networks India Private Limited | ₹9.6 Cr (FY 2025) | •••• | •••• | 145.0% | •••• | Hyderabad, Telangana, India |
| Alphonso Informex Private Limited | ₹9.6 Cr (FY 2025) | •••• | •••• | 716.0% | •••• | Pune, Maharashtra, India |
| Triumph Services India Private Limited | ₹9.58 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chnadigarh, Chandigarh, India |
| Levrara Consulting India Private Limited | ₹9.58 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Kan Tech Solutions Private Limited | ₹9.57 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| Concept HR Services Private Limited this company | ₹9.55 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Vadodara, Gujarat, India |
| Tejas Multi Endeavors Private Limited | ₹9.52 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bhopal, Madhya Pradesh, India |
| Tactics Management Services Private Limited | ₹9.51 Cr (FY 2023) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Techdev IT Solutions Private Limited | ₹9.5 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Ambience Power & Infratech Private Limited | ₹9.5 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Jigson Hospitality Private Limited | ₹9.5 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Concept HR Services 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 Concept HR Services Private Limited
Concept HR Services Private Limited is audited by PARIKH MEHTA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARIKH MEHTA AND ASSOCIATES | Locked | Locked | Locked |
Premium access
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 Concept HR Services Private Limited
Premium access
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 Concept HR Services Private Limited
Concept HR Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Concept HR Services Private Limited
Concept HR Services Private Limited has a workforce of 148 employees as of Mar 29, 2024.
Employee count
148
Active EPFO establishments
1
Employee growth
-19.13%
Premium access
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 Concept HR Services Private Limited
Concept HR Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Harshaben Kaushikkumar Chokshi was appointed as Director on 01 Sep 2011.
AGM
Concept Hr Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Concept Hr Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Harshaben Kaushikkumar Chokshi was appointed as Director.
Appointed
Payal Ritesh Pal was appointed as Director.
Incorporation
01 Sep 2011
Concept Hr Services Private Limited was registered on 01 Sep 2011 with Roc Ahmedabad & aged 15 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Concept HR Services Private Limited
Premium access
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 Concept HR Services Private Limited
Premium access
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 Concept HR Services Private Limited
Premium access
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 Concept HR Services Private Limited
Concept HR Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC5284H1ZO | Gujarat | Active | 01 Jul 2017 |
Premium access
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 Concept HR Services Private Limited
Premium access
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 Concept HR Services Private Limited
Concept HR Services is an active private limited company based in Vadodara, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 01 September 2011 (15+ years old) and is registered under CIN U74140GJ2011PTC066970.
Concept HR Services reported revenue of ₹9.55 Cr for FY 2025 (up 18% YoY).
Concept HR Services has 2 current directors:
- Harshaben Kaushikkumar Chokshi - Director
- Payal Ritesh Pal - Director
Concept HR Services reported a net profit of ₹3.12 Lakh (net margin 0.3%) and EBITDA of ₹13.6 Lakh (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Concept HR Services is 25% over three years and 62% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Concept HR Services is 24AAECC5284H1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Concept HR Services is U74140GJ2011PTC066970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concept HR Services was incorporated on 01 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Concept HR Services by revenue are Terastar Networks India Private Limited, Alphonso Informex Private Limited, Triumph Services India Private Limited, Levrara Consulting India Private Limited, Kan Tech Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Harshaben Kaushikkumar Chokshi was appointed as Director on 01 Sep 2011. Payal Ritesh Pal was appointed as Director on 01 Sep 2011.
Yes, Concept HR Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0075326).