About Ergotalent Solutions Private Limited
Data last updated:
Ergotalent Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 16 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2016PTC097844. Its GSTIN is 29AAECE4414H1ZQ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.02 Lakh. It is led by directors Neelima Govindaraj and Govindaraj Ramachandran.
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 No.17 1st Cross 14th Main Sector – 4 Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.65 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹20.17 Lakh (net margin 4.3%) and EBITDA of ₹49.11 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 35% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ergodemy and ErgoTalent Solutions. As per MCA filings, the company has open charges of ₹2.8 Cr and satisfied charges of ₹38.43 Lakh on record. Court records list 2 cases involving the company; 2 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 ergotalentsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.17 1st Cross 14th Main Sector – 4 Hsr Layout, Bengaluru, Karnataka, India – 560102
- 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 Ergotalent Solutions Private Limited
The main business activity of Ergotalent Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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 Ergotalent Solutions Private Limited FY 2024 filings available
Ergotalent Solutions Private Limited reported revenue of ₹4.65 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ergotalent Solutions Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA rose 54% 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 Ergotalent Solutions 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 | ₹4.65 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹49.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.17 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 Ergotalent Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Ergotalent Solutions are in the company report.
Financial statements from FY 2017
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 Ergotalent Solutions Private Limited
Ergotalent Solutions 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 |
|---|---|---|---|---|---|---|
| Spark-All Security and Allied Services Private Limited | ₹4.67 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| DJ Best Manpower Solutions Private Limited | ₹4.67 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bengaluru, Karnataka, India |
| Tagmatix360 Private Limited | ₹4.66 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Hyderabad, Telangana, India |
| Vivek Recruitment Consultant Private Limited | ₹4.66 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Rewari, Haryana, India |
| SK Techno Work-Force Private Limited | ₹4.65 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Thane, Maharashtra, India |
| Ergotalent Solutions Private Limited this company | ₹4.65 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Bengaluru, Karnataka, India |
| Ntech IT Solutions Private Limited | ₹4.65 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Artis Facility Management Private Limited | ₹4.65 Cr (FY 2023) | •••• | •••• | 9.0% | •••• | Roorkee, Uttarakhand, India |
| Avg Global Integrated Private Limited | ₹4.65 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Maxwork Private Limited | ₹4.65 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Syntain Technologies Private Limited | ₹4.65 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ergotalent Solutions 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 Ergotalent Solutions Private Limited
Ergotalent Solutions Private Limited is audited by BANNESH AB & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANNESH AB & CO | 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 Ergotalent Solutions Private Limited
Ergotalent Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelima Govindaraj | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
| Govindaraj Ramachandran | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Ergotalent Solutions 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 Ergotalent Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2024 | Others | ₹2.2 Cr | Open |
| 05 Feb 2019 | Others | ₹60 Lakh | Open |
| 15 Nov 2017 | Others | ₹38.43 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Ergotalent Solutions Private Limited
Ergotalent Solutions Private Limited has 2 court cases on record: 2 where it is another party. All cases are pending. Status as checked on 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Company is another party | Pending |
Full case history
All 2 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.
Associated Brands with Ergotalent Solutions Private Limited
Ergotalent Solutions operates two associated brands: Ergodemy and ErgoTalent Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers learning management services for enterprises. | ergodemy.com | |
| Provides HR services for talent acquisition, management, and advisory to businesses. | ergotalentsolutions.com |
Employees and EPFO Compliance at Ergotalent Solutions Private Limited
Ergotalent Solutions Private Limited has a workforce of 20 employees as of Mar 19, 2025.
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 Ergotalent Solutions Private Limited
Ergotalent Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Govindaraj Ramachandran was appointed as Director on 16 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Ergotalent Solutions 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 Ergotalent Solutions 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 Ergotalent Solutions 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 Ergotalent Solutions Private Limited
Ergotalent Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE4414H1ZQ | Karnataka | Active | 01 Jul 2017 |
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 Ergotalent Solutions 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 Ergotalent Solutions Private Limited
Ergotalent Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 16 November 2016 (10+ years old) and is registered under CIN U93090KA2016PTC097844.
Ergotalent Solutions reported revenue of ₹4.65 Cr for FY 2024 (down 14% YoY).
Ergotalent Solutions has 2 current directors:
- Neelima Govindaraj - Director
- Govindaraj Ramachandran - Director
Ergotalent Solutions reported a net profit of ₹20.17 Lakh (net margin 4.3%) and EBITDA of ₹49.11 Lakh (EBITDA margin 10.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ergotalent Solutions is 24% over three years and 35% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ergotalent Solutions is 29AAECE4414H1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Ergotalent Solutions is U93090KA2016PTC097844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ergotalent Solutions has 2 court cases on record. 2 are pending.
Ergotalent Solutions was incorporated on 16 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ergotalent Solutions by revenue are Spark-All Security and Allied Services Private Limited, DJ Best Manpower Solutions Private Limited, Tagmatix360 Private Limited, Vivek Recruitment Consultant Private Limited, SK Techno Work-Force Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Govindaraj Ramachandran was appointed as Director on 16 Nov 2016. Neelima Govindaraj was appointed as Director on 16 Nov 2016.