First Mile Consulting Private Limited

First Mile Consulting Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74140KA2010PTC056142 Incorporated 06 December 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹63.47 Lakh
▲ 22% YoY
Net loss · FY 2024
₹1.23 Cr
Net margin -194.6%
EBITDA · FY 2024
-₹1.18 Cr
EBITDA margin -185.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.33 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered

About First Mile Consulting Private Limited

Data last updated:

First Mile Consulting 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 06 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2010PTC056142. Its GSTIN is 29AABCF6396G1Z9 (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.33 Lakh. It is led by directors including Ashok Shastry and Kavithamma Sanagaram.

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 ₹63.47 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Cr (net margin -194.6%) and EBITDA of -₹1.18 Cr (EBITDA margin -185.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 3% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140KA2010PTC056142
Registration Number 056142
Incorporation Date 06 December 2010
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

Contact details

First Mile Consulting Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    103 3rd Floor Nagadevanahalli, Gnanabharathi Layout 2nd Block, Bangalore, Karnataka, India – 560056
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of First Mile Consulting Private Limited, buy the company report.

Comprehensive company report
First Mile Consulting 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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Business activity

The main business activity of First Mile Consulting is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of First Mile Consulting Private Limited, buy the company report.

Financials of First Mile Consulting Private Limited

FY 2024 filings available

First Mile Consulting Private Limited reported revenue of ₹63.47 Lakh (up 22% YoY) for FY 2024.

Revenue · FY 2024
₹63.47 Lakh ▲ 22%
Net loss · FY 2024
₹1.23 Cr margin -194.6%
EBITDA · FY 2024
-₹1.18 Cr margin -185.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 29%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 880%
3 years · compounded
▼ 204%
5 years · compounded
▼ 146%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 22% growth in the latest year. EBITDA fell 880% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹1.18 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.23 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-185.9%
Net Profit Margin-194.6%
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

To see the full financial statements and ratios of First Mile Consulting Private Limited, buy the company report.

Board of directors of First Mile Consulting Private Limited

First Mile Consulting has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok ShastryDirector25 Mar 201115 Years 7 MonthsCurrent
Kavithamma SanagaramDirector25 Mar 201115 Years 7 MonthsCurrent
Shalin MaheshwariAdditional Director11 Nov 20250 Years 11 MonthsCurrent
Kishor Sajanmal MaheshwariAdditional Director08 Nov 20250 Years 11 MonthsCurrent
Lalit Gunjan SinghAdditional Director08 Nov 20250 Years 11 MonthsCurrent

Peer comparison

First Mile Consulting Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Noha Careers Private Limited₹63.68 Lakh (FY 2024)384.0%Thiruvallom, Kerala, India
Peopleplus Professional Services Private Limited₹63.55 Lakh (FY 2025)-17.0%Bangalore, Karnataka, India
Trueastute Careers Private Limited₹63.55 Lakh (FY 2023)Ghatkesar, Telangana, India
First Mile Consulting Private Limitedthis company₹63.47 Lakh (FY 2024)-₹1.23 Cr-194.6%22.0%Bangalore, Karnataka, India
Inteli Base India Private Limited₹63.29 Lakh (FY 2025)39.0%Faridabad, Haryana, India

To see the full peer comparison of First Mile Consulting Private Limited, buy the company report.

Auditor

First Mile Consulting Private Limited is audited by Pincha & Co for the financial year 2015.

Auditor firmFinancial yearFirm registration number
Pincha & CoFY 2015

Shareholding

The shareholding of First Mile Consulting 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 categoryFY 2017FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of First Mile Consulting Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for First Mile Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

First Mile Consulting has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCF6396G1Z9KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of First Mile Consulting Private Limited, buy the company report.

Recent activity

First Mile Consulting Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Shalin Maheshwari was appointed as Additional Director on 11 Nov 2025.

Appointed
Shalin Maheshwari was appointed as Additional Director.
Appointed
Kishor Sajanmal Maheshwari was appointed as Additional Director.
Appointed
Lalit Gunjan Singh was appointed as Additional Director.
AGM
First Mile Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
First Mile Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ashok Pincha ceased to be Director.
Ceased
Sameer Sudhakar Paddalwar ceased to be Director.
Appointed
Ashok Shastry was appointed as Director.
Appointed
Kavithamma Sanagaram was appointed as Director.
Incorporation
06 Dec 2010
First Mile Consulting Private Limited was registered on 06 Dec 2010 with Roc Bangalore & aged 15 years 10 months as per MCA records.

Frequently asked questions

First Mile Consulting 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 06 December 2010 (16+ years old) and is registered under CIN U74140KA2010PTC056142.

First Mile Consulting has 5 current directors:

The latest financial statements of First Mile Consulting 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 2015 are in the company report.

The GSTIN of First Mile Consulting is 29AABCF6396G1Z9, registered in Karnataka.

The CIN (Corporate Identification Number) of First Mile Consulting is U74140KA2010PTC056142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

First Mile Consulting was incorporated on 06 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of First Mile Consulting by revenue are Noha Careers Private Limited, Peopleplus Professional Services Private Limited, Trueastute Careers Private Limited, Inteli Base India Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Shalin Maheshwari was appointed as Additional Director on 11 Nov 2025. Kishor Sajanmal Maheshwari was appointed as Additional Director on 08 Nov 2025. Lalit Gunjan Singh was appointed as Additional Director on 08 Nov 2025. First Mile Consulting has 7 board changes on record in total.

The registered office of First Mile Consulting is at 103 3rd Floor Nagadevanahalli, Gnanabharathi Layout 2nd Block, Bangalore, Karnataka, India – 560056.

First Mile Consulting operates in the business outsourcing industry, in the HR outsourcing and talent management segment.

The compliance status of First Mile Consulting is compliant as of 09 September 2026. The company is actively filing with the Registrar of Companies.