About Croyance Executive Search Private Limited
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Croyance Executive Search Private Limited is a private limited company based in Khopoli, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 04 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2015PTC270746.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandip Khandagle Ram and Akshay Anant Divekar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shriman Building A Wing Mogalwadi Khalapur, Khopoli, Maharashtra, India – 410203.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.23 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹11,760 (net margin 2.8%) and EBITDA of ₹17,930 (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website croyanceworld.com.
Company details
Contact details
Croyance Executive Search Private Limited's registered office is in Khopoli, Maharashtra. Its website is croyanceworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShriman Building A Wing Mogalwadi Khalapur, Khopoli, Maharashtra, India – 410203
- IndustryService, Information Technology Services
To see the full contact details of Croyance Executive Search Private Limited, buy the company report.
- 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
Business activity
The main business activity of Croyance Executive Search is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Croyance Executive Search Private Limited, buy the company report.
Financials of Croyance Executive Search Private Limited
FY 2023 filings availableCroyance Executive Search Private Limited reported revenue of ₹4.23 Lakh (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 16% fall in the latest year. EBITDA fell 60% 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
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| EBITDA | ₹17,930 | ||||
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| Net Profit (PAT) | ₹11,760 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Croyance Executive Search Private Limited, buy the company report.
Board of directors of Croyance Executive Search Private Limited
Croyance Executive Search has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Khandagle Ram | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
| Akshay Anant Divekar | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Croyance Executive Search Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sra Infotech Private Limited | ₹4.25 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Talentcloud Hrtech Private Limited | ₹4.25 Lakh (FY 2023) | Bhopal, Madhya Pradesh, India | ||||
| Human Assets Development Centre Private Limited | ₹4.24 Lakh (FY 2024) | -61.0% | Gurgaon, Haryana, India | |||
| Phrocks Recruitment and Staffing Private Limited | ₹4.24 Lakh (FY 2020) | Hyderabad, Telangana, India | ||||
| Traident Brains Private Limited | ₹4.23 Lakh (FY 2023) | Delhi, India | ||||
| Croyance Executive Search Private Limitedthis company | ₹4.23 Lakh (FY 2023) | ₹11,760 | 2.8% | -16.0% | Khopoli, Maharashtra, India | |
| One75mb HRM Private Limited | ₹4.23 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Ejs Business Solutions Private Limited | ₹4.22 Lakh (FY 2024) | -38.0% | New Delhi, Delhi, India | |||
| NHN Solutions Private Limited | ₹4.22 Lakh (FY 2025) | -52.0% | Bengaluru, Karnataka, India | |||
| Prime Man Power Supply and Management Private Limited | ₹4.19 Lakh (FY 2018) | -19.0% | Himmatnagar, Gujarat, India | |||
| Caregenie Private Limited | ₹4.19 Lakh (FY 2024) | Delhi, India |
To see the full peer comparison of Croyance Executive Search Private Limited, buy the company report.
Auditor
Croyance Executive Search Private Limited is audited by DPNP AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DPNP AND ASSOCIATES | FY 2017 | 140021W |
Shareholding
The shareholding of Croyance Executive Search Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Croyance Executive Search Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Croyance Executive Search 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 Croyance Executive Search Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Croyance Executive Search Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Croyance Executive Search Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Akshay Anant Divekar was appointed as Director on 04 Dec 2015.
Frequently asked questions
Croyance Executive Search is an active private limited company based in Khopoli, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 04 December 2015 (11+ years old) and is registered under CIN U93000MH2015PTC270746.
Croyance Executive Search has 2 current directors:
- Sandip Khandagle Ram - Director
- Akshay Anant Divekar - Director
The latest financial statements of Croyance Executive Search on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Croyance Executive Search is U93000MH2015PTC270746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Croyance Executive Search was incorporated on 04 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Croyance Executive Search by revenue are Sra Infotech Private Limited, Talentcloud Hrtech Private Limited, Human Assets Development Centre Private Limited, Phrocks Recruitment and Staffing Private Limited, Traident Brains Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Akshay Anant Divekar was appointed as Director on 04 Dec 2015. Sandip Khandagle Ram was appointed as Director on 04 Dec 2015.
Croyance Executive Search can be reached through the website croyanceworld.com. Its registered office is in Khopoli, Maharashtra, India.
The registered office of Croyance Executive Search is at Shriman Building A Wing Mogalwadi Khalapur, Khopoli, Maharashtra, India – 410203.
Croyance Executive Search operates in the service industry, in the information technology services segment.
The compliance status of Croyance Executive Search is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.
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