First Object Private Limited

First Object Private Limited - business outsourcing in Vijayawada, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U74900AP2008PTC060217 Incorporated 21 July 2008 ROC Vijayawada HQ Vijayawada, Andhra Pradesh, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹118.86 Cr
▲ 78% YoY
Net profit · FY 2024
₹1.17 Cr
Net margin 1%
EBITDA · FY 2024
₹2.59 Cr
EBITDA margin 2.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹16.15 Cr
Satisfied ₹12.95 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
78
Provident fund records

About First Object Private Limited

Data last updated:

First Object Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 21 July 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74900AP2008PTC060217. Its GSTIN is 37AABCF4306N1ZJ (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as First Object Industries Private Limited. It is led by directors Lakshmi Samrajyam Yarllagadda and Yarlagadda Ramaseshagirirao.

Its last annual general meeting (AGM) was held on 21 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #54 – 20/9 – 13 1st Floor Hanuman Residency Sree Nagar Colony, Vijayawada, Andhra Pradesh, India – 520007.

As per the financials filed for FY 2024, the company reported a revenue of ₹118.86 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 1%) and EBITDA of ₹2.59 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 169% over three years and 102% over five years.

The company has about 78 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.15 Cr and satisfied charges of ₹12.95 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 1 filed against it; 4 cases are pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website 1stobject.com.

Company Details of First Object Private Limited
CIN U74900AP2008PTC060217
Registration Number 060217
Incorporation Date 21 July 2008
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 February 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    #54 – 20/9 – 13 1st Floor Hanuman Residency Sree Nagar Colony, Vijayawada, Andhra Pradesh, India – 520007
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
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Financials, compliance, directors, charges, ownership and filings for First Object Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of First Object Private Limited

The main business activity of First Object is professional, scientific and technical. In detail, this covers management consultancy activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM3Management consultancy activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of First Object Private Limited FY 2024 filings available

First Object Private Limited reported revenue of ₹118.86 Cr (up 78% YoY) for FY 2024.

Revenue · FY 2024
₹118.86 Cr ▲ 78%
Net profit · FY 2024
₹1.17 Cr margin 1%
EBITDA · FY 2024
₹2.59 Cr margin 2.2%

Compounded Annual Growth Rate (CAGR) of First Object Private Limited

Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 169%
5 years · compounded
▲ 102%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 58%
5 years · compounded
▲ 28%

Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 78% growth in the latest year. EBITDA rose 25% 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 First Object Private Limited

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₹2.59 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.17 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 of First Object Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.2%••••••••••••••••
Net Profit Margin1%••••••••••••••••
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 First Object are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of First Object Private Limited

First Object 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
CFS Management Private Limited₹121.26 Cr (FY 2025)••••••••13.0%••••Kolkata, West Bengal, India
Pousse Management Services Private Limited₹121.11 Cr (FY 2025)••••••••-9.0%••••Mulund West, Maharashtra, India
Ifb Appliances Ltd₹121.1 Cr (FY 2025)••••••••29.0%••••Kolkata, West Bengal, India
Kore Security Services Private Limited₹120.85 Cr (FY 2025)••••••••35.0%••••Delhi, India
Super Handlers Private Limited₹119.48 Cr (FY 2025)••••••••-12.0%••••Ahmedabad, Gujarat, India
First Object Private Limited this company₹118.86 Cr (FY 2024)••••••••78.0%••••Vijayawada, Andhra Pradesh, India
Gretis India Private Limited₹118.56 Cr (FY 2025)••••••••34.0%••••Panchkula, Haryana, India
Outworks Solutions Private Limited₹117.99 Cr (FY 2025)••••••••17.0%••••Noida, Uttar Pradesh, India
Dexian India Services Private Limited₹117.7 Cr (FY 2025)••••••••-6.0%••••Chennai City Corporation, Tamil Nadu, India
Geniehr Solutions Private Limited₹117.57 Cr (FY 2025)••••••••25.0%••••Delhi, India
Heidrick and Struggles (India) Private Limited₹116.4 Cr (FY 2025)••••••••2.0%••••Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below First Object 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 First Object Private Limited

First Object Private Limited is audited by P SUBBARAYUDU & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
P SUBBARAYUDU & COLockedLockedLocked
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Board of Directors of First Object Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Lakshmi Samrajyam YarllagaddaDirector27 Aug 201511 Years 1 MonthsCurrent
Yarlagadda RamaseshagiriraoDirector21 Jul 200818 Years 2 MonthsCurrent

Ownership and Shareholding of First Object Private Limited

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Charges & Borrowings of First Object Private Limited

Open charges
₹16.15 Cr
Satisfied charges
₹12.95 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹16.15 Cr
Latest charge details
DateLenderAmountStatus
30 Nov 2023Hdfc Bank Limited₹22.11 LakhOpen
21 Nov 2023Hdfc Bank Limited₹22.11 LakhOpen
16 Nov 2023Hdfc Bank Limited₹15 CrOpen
07 Nov 2023Hdfc Bank Limited₹22.12 LakhOpen
07 Nov 2023Hdfc Bank Limited₹22.12 LakhOpen

Total charge records: 8 View all charges

Employees and EPFO Compliance at First Object Private Limited

First Object Private Limited has a workforce of 78 employees as of Mar 30, 2024.

Employee count
78
Active EPFO establishments
1
Employee growth
-61.76%
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Monthly headcount, contribution history and filing status are in the company report.

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Name History of First Object Private Limited

First Object has undergone 2 name changes throughout its history. The company was previously known as First Object Industries Private Limited, and First Object Private Limited. The current legal name is First Object Private Limited.

Company NameStatus
First Object Private LimitedCurrent
First Object Industries Private LimitedPrevious

Recent Activity on First Object Private Limited

First Object Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Gnaneswari Chigurupati ceased to be Director on 15 Oct 2021.

Charges
A charge registered on 23 Jul 2019 via Charge ID 100302384 with Axis Bank Limited was fully satisfied on 28 Apr 2025.
AGM
First Object Private Limited last Annual general meeting of members was held on 21 Feb 2025 as per latest MCA records.
Filing
First Object Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge registered on 19 Dec 2022 via Charge ID 100702315 with Others was fully satisfied on 02 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100870983 was registered on 30 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100851614 was registered on 21 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100819533 was registered on 16 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100851581 was registered on 07 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100850114 was registered on 07 Nov 2023.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100702315 was registered on 19 Dec 2022.
Ceased
Gnaneswari Chigurupati ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100493888 was registered on 02 Sep 2021.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for First Object Private Limited

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MSME Payment Delays by First Object Private Limited

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Subsidiaries & Group Companies of First Object Private Limited

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GST Compliance of First Object Private Limited

First Object has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
37AABCF4306N1ZJAndhra PradeshActive22 Sep 2017
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MCA Filings & Documents of First Object Private Limited

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Frequently Asked Questions about First Object Private Limited

First Object is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 21 July 2008 (18+ years old) and is registered under CIN U74900AP2008PTC060217.

First Object reported revenue of ₹118.86 Cr for FY 2024 (up 78% YoY).

First Object has 2 current directors:

First Object reported a net profit of ₹1.17 Cr (net margin 1%) and EBITDA of ₹2.59 Cr (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of First Object is 169% over three years and 102% over five years. In the latest year (FY 2024) revenue rose 78%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of First Object is 37AABCF4306N1ZJ, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of First Object is U74900AP2008PTC060217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

First Object has 7 court cases on record: 4 filed by the company and 1 filed against it. 4 are pending.

First Object was incorporated on 21 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of First Object by revenue are CFS Management Private Limited, Pousse Management Services Private Limited, Ifb Appliances Ltd, Kore Security Services Private Limited, Super Handlers Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).

Gnaneswari Chigurupati ceased to be Director on 15 Oct 2021. Lakshmi Samrajyam Yarllagadda was appointed as Director on 27 Aug 2015. Venkata Rao Yarlagadda ceased to be Managing Director on 10 Mar 2014. First Object has 4 board changes on record in total.

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