About Frontline HR Solutions Limited
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Frontline HR Solutions Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 March 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2007PLC169285. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Natwarlal Balkrishna Surekha and Manju Natwarlal Surekha.
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 was at 141/6 Nityanand Nagar 4 Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2020, the company reported a revenue of ₹98.39 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹96.67 Lakh (net margin 98.2%) and EBITDA of -₹1.26 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.
The company had about 190 employees on its provident fund (EPFO) records before it was struck off.
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is frontlinegroup.in.
Company details
Contact details
Frontline HR Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is frontlinegroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address141/6 Nityanand Nagar 4 Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Frontline HR Solutions Limited, buy the company report.
- 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
Financials of Frontline HR Solutions Limited
FY 2024 filings availableFrontline HR Solutions Limited reported revenue of ₹98.39 Lakh (down 60% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 60% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹98.39 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.67 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | 98.2% | ||||
| 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 Frontline HR Solutions Limited, buy the company report.
Board of directors of Frontline HR Solutions Limited
Frontline HR Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natwarlal Balkrishna Surekha Also directs: Frontline Sales Limited | Director | 28 Mar 2007 | 19 Years 7 Months | As last reported |
| Manju Natwarlal Surekha | Director | 28 Mar 2007 | 19 Years 7 Months | As last reported |
| Tushar Natwar Surekha Also directs: Crest Management Solutions Private Limited | Director | 28 Mar 2007 | 19 Years 7 Months | As last reported |
Auditor
Frontline HR Solutions Limited is audited by G M PUROHIT & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M PUROHIT & CO | FY 2018 | 115150W |
Shareholding
The shareholding of Frontline HR Solutions Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Frontline HR Solutions Limited, buy the company report.
Legal cases
Frontline HR Solutions Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by an individual | Disposed |
To see the full case history of Frontline HR Solutions Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Frontline HR Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Frontline HR Solutions Limited has a workforce of 190 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Frontline HR Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Frontline HR Solutions Limited, buy the company report.
Recent activity
Frontline HR Solutions Limited has 3 board changes on record since 2007: 3 appointments. The latest: Manju Natwarlal Surekha was appointed as Director on 28 Mar 2007.
Frequently asked questions
Frontline HR Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Frontline HR Solutions was a public limited company based in Mumbai, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 March 2007 and is registered under CIN U93090MH2007PLC169285. The company has been struck off by the Registrar of Companies and is no longer operational.
Frontline HR Solutions had 3 directors:
- Natwarlal Balkrishna Surekha - Director
- Manju Natwarlal Surekha - Director
- Tushar Natwar Surekha - Director
The CIN (Corporate Identification Number) of Frontline HR Solutions is U93090MH2007PLC169285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Frontline HR Solutions is at 1416 Nityanand Nagar 4 Andheri East, Mumbai, Maharashtra, India – 400069.
Frontline HR Solutions was incorporated on 28 March 2007. It is registered with the Registrar of Companies, Mumbai.
Frontline HR Solutions can be reached through the website frontlinegroup.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Frontline HR 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 2015 are in the company report.
No. Frontline HR Solutions has 1 GST registration on record and it is cancelled or inactive.
Frontline HR Solutions operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.
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