About Formula Manpower Solutions Private Limited
Data last updated:
Formula Manpower Solutions Private Limited is a private limited company based in New, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 20 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74910DL2004PTC124192. Its GSTIN is 07AAACF7819F1ZO (Delhi).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.6 Lakh. It was formerly known as Formulaone Manpower Solutions Private Limited. It is led by directors Namita Bhowmick and Rajesh Kumar Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khasra No. 304 Ground Floor, Satbir Farms Sultanpur, New, Delhi, India – 110030.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.13 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹32.4 Lakh (net margin 5.3%) and EBITDA of ₹69.92 Lakh (EBITDA margin 11.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Formula Manpower. As per MCA filings, the company has open charges of ₹1.51 Cr and satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formulamanpower.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKhasra No. 304 Ground Floor, Satbir Farms Sultanpur, New, Delhi, India – 110030
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
Associated Brands with Formula Manpower Solutions Private Limited
Formula Manpower Solutions operates one associated brand: Formula Manpower. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fleet management and manpower solutions in India. | formulamanpower.com |
Business Activity of Formula Manpower Solutions Private Limited
The main business activity of Formula Manpower Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Auditor Details of Formula Manpower Solutions Private Limited
Formula Manpower Solutions Private Limited is audited by S K BHARTI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K BHARTI & 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 Formula Manpower Solutions Private Limited
Formula Manpower Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namita Bhowmick | Director | 28 Jan 2004 | 22 Years 8 Months | Current |
| Rajesh Kumar Jain | Additional Director | 22 Sep 2025 | 1 Years 0 Months | Current |
Financials of Formula Manpower Solutions Private Limited FY 2025 filings available
Formula Manpower Solutions Private Limited reported revenue of ₹6.13 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Formula Manpower Solutions Private Limited
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 4% 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 Formula Manpower 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹69.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32.4 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 Formula Manpower Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 Formula Manpower Solutions are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Formula Manpower 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 Formula Manpower Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2024 | Axis Bank Limited | ₹1.29 Cr | Open |
| 07 Mar 2007 | Canara Bank | ₹2.35 Lakh | Open |
| 07 Mar 2007 | Canara Bank | ₹20 Lakh | Open |
| 13 Jan 2011 | Others | ₹50 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Formula Manpower Solutions Private Limited
Formula Manpower Solutions Private Limited has a workforce of 71 employees as of Apr 08, 2024.
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.
GST Compliance of Formula Manpower Solutions Private Limited
Formula Manpower Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACF7819F1ZO | Delhi | 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.
Credit Ratings, Litigation & Regulatory Alerts for Formula Manpower 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 Formula Manpower 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 Formula Manpower 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.
MCA Filings & Documents of Formula Manpower 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.
Recent Activity on Formula Manpower Solutions Private Limited
Recent News on Formula Manpower Solutions Private Limited
Frequently Asked Questions about Formula Manpower Solutions Private Limited
Formula Manpower Solutions is an active private limited company based in New, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 20 January 2004 (22+ years old) and is registered under CIN U74910DL2004PTC124192.
Formula Manpower Solutions reported revenue of ₹6.13 Cr for FY 2024 (up 6% YoY).
Formula Manpower Solutions has 2 current directors:
- Namita Bhowmick - Director
- Rajesh Kumar Jain - Additional Director
Formula Manpower Solutions reported a net profit of ₹32.4 Lakh (net margin 5.3%) and EBITDA of ₹69.92 Lakh (EBITDA margin 11.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Formula Manpower Solutions is 3% over three years and -3% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Formula Manpower Solutions is 07AAACF7819F1ZO, registered in Delhi.
The CIN (Corporate Identification Number) of Formula Manpower Solutions is U74910DL2004PTC124192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formula Manpower Solutions was incorporated on 20 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Formula Manpower Solutions can be reached through the website formulamanpower.com. Its registered office is in New, Delhi, India.