MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0180205
Derive Management Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹83.13 Lakh
▼ 20% YoY
Net profit · FY 2024
₹6.12 Lakh
Net margin 7.4%
EBITDA · FY 2024
₹10.96 Lakh
EBITDA margin 13.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
2
Provident fund records
About Derive Management Solutions Private Limited
Data last updated:
Derive Management Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105058. Its GSTIN is 29AAGCD2829M1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Taluri Venkataramana and Raghunath Kumar Talurichiranjeevi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.13 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹6.12 Lakh (net margin 7.4%) and EBITDA of ₹10.96 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 31% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Derive Management Solutions. As per MCA filings, the company has open charges of ₹9.5 Lakh on record.
Derive Management Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0180205). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website derivems.com.
Company details
CIN U74999KA2017PTC105058
Registration Number 105058
Incorporation Date 26 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0180205
Key People
Taluri Venkataramana Director Raghunath Kumar Talurichiranjeevi Director Manjula Taluri Director Recognitions & Rankings of Derive Management Solutions
Contact details
Derive Management Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is derivems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#327 – Gnn Greens – 1st Floor – 002, 13th Cross 3rd Main Bel 1 Block, Bangalore, Karnataka, India – 560097
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Derive Management Solutions Private Limited, buy the company report.
Comprehensive company report
Derive Management Solutions 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
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Brands
Derive Management Solutions operates one associated brand: Derive Management Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides recruitment services to connect organizations with qualified candidates efficiently. | derivems.com |
Business activity
The main business activity of Derive Management Solutions 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 Derive Management Solutions Private Limited, buy the company report.
Financials of Derive Management Solutions Private Limited
FY 2024 filings availableDerive Management Solutions Private Limited reported revenue of ₹83.13 Lakh (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹83.13 Lakh ▼ 20%
Net profit · FY 2024
₹6.12 Lakh margin 7.4%
EBITDA · FY 2024
₹10.96 Lakh margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 49%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 50%
5 years · compounded
▲ 60%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 5% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Derive Management Solutions Private Limited, buy the company report.
Board of directors of Derive Management Solutions Private Limited
Derive Management Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taluri Venkataramana | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Raghunath Kumar Talurichiranjeevi Also directs: Farmcomm Tech Private Limited, Sapthavarna Foundation | Director | 26 Jul 2017 | 9 Years 3 Months | Current |
| Manjula Taluri Also directs: Farmcomm Tech Private Limited, Sapthavarna Foundation | Director | 26 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Derive Management Solutions Private Limited is audited by Suresh Rao & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Rao & Associates | FY 2023 | 024549 |
Shareholding
The shareholding of Derive Management Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Derive Management Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2022 | 100601541 | Axis Bank Limited | ₹9.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Derive Management Solutions 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 Derive Management Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Derive Management Solutions Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Derive Management Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD2829M1Z7 | Karnataka | Active | 23 Nov 2017 |
To see the full GST registrations and return filing status of Derive Management Solutions Private Limited, buy the company report.
Recent activity
Derive Management Solutions Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Taluri Venkataramana ceased to be Additional Director on 31 Dec 2020.
AGM
Derive Management Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Derive Management Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.50 Lakh with Charge ID 100601541 was registered on 18 Jul 2022.
Ceased
Taluri Venkataramana ceased to be Additional Director.
Appointed
Taluri Venkataramana was appointed as Director.
Appointed
Manjula Taluri was appointed as Director.
Appointed
Raghunath Kumar Talurichiranjeevi was appointed as Director.
Incorporation
26 Jul 2017
Derive Management Solutions Private Limited was registered on 26 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Derive Management Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 July 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105058.
Derive Management Solutions has 3 current directors:
- Taluri Venkataramana - Director
- Raghunath Kumar Talurichiranjeevi - Director
- Manjula Taluri - Director
The latest financial statements of Derive Management Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Derive Management Solutions is 29AAGCD2829M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Derive Management Solutions is U74999KA2017PTC105058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Derive Management Solutions was incorporated on 26 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Taluri Venkataramana ceased to be Additional Director on 31 Dec 2020. Taluri Venkataramana was appointed as Director on 26 Aug 2020. Manjula Taluri was appointed as Director on 26 Jul 2017. Derive Management Solutions has 4 board changes on record in total.
Yes, Derive Management Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0180205).
Derive Management Solutions can be reached through the website derivems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Derive Management Solutions is at #327 – Gnn Greens – 1st Floor – 002, 13th Cross 3rd Main Bel 1 Block, Bangalore, Karnataka, India – 560097.
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