About Futurestep Recruitment Services Private Limited
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Futurestep Recruitment Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kornferry Rpops(Sg) Pte. Ltd. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 23 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2005PTC156311. Its GSTIN is 27AAACF9168P1ZV (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.66 Lakh. It is led by directors Charu Mital and Navnit Singh.
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 Tcg Financial Centre 5th Floor, C/53 G Block Bandra Kurla Complex Bandra (E) Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹141.2 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹28.5 Cr (net margin 20.2%) and EBITDA of ₹40.21 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 20% over five years.
The company has about 238 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Korn Ferry. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 4 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2020. Its 4 peer companies in the Outsourcing industry (HR Outsourcing, Recruitment Services), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 2 larger and 2 smaller; the largest is Nes Global Specialist Engineering Services Private Limited with revenue of ₹148.01 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kornferry.com.
Company details
Contact details
Futurestep Recruitment Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is kornferry.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTcg Financial Centre 5th Floor, C/53 G Block Bandra Kurla Complex Bandra (E) Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Futurestep Recruitment Services Private 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
Brands
Futurestep Recruitment Services operates one associated brand: Korn Ferry. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Talent acquisition and consulting services are provided globally. | kornferry.com |
Business activity
The main business activity of Futurestep Recruitment Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Futurestep Recruitment Services Private Limited, buy the company report.
Financials of Futurestep Recruitment Services Private Limited
FY 2025 filings availableFuturestep Recruitment Services Private Limited reported revenue of ₹141.2 Cr (up 104% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 104% growth in the latest year. EBITDA rose 333% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.21 Cr | ||||
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| Net Profit (PAT) | ₹28.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 28.5% | ||||
| Net Profit Margin | 20.2% | ||||
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To see the full financial statements and ratios of Futurestep Recruitment Services Private Limited, buy the company report.
Board of directors of Futurestep Recruitment Services Private Limited
Futurestep Recruitment Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charu Mital | Director | 01 May 2013 | 13 Years 5 Months | Current |
| Navnit Singh Also directs: Datamatics Global Services Limited, Hay Consultants India Private Limited, Esi Performance Improvement Private Limited and 1 more | Director | 10 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Futurestep Recruitment Services Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Recruitment Services), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nes Global Specialist Engineering Services Private Limited | ₹148.01 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| NLB Services Private Limited | ₹144.95 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Futurestep Recruitment Services Private Limitedthis company | ₹141.2 Cr (FY 2025) | ₹28.5 Cr | 20.2% | 104.0% | 238 | Mumbai, Maharashtra, India |
| Shree Jee Manpower Contractors Private Limited | ₹140.03 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Retail Hub Solutions Limited | ₹137.15 Cr (FY 2025) | 33.0% | Thane, Maharashtra, India |
To see the full peer comparison of Futurestep Recruitment Services Private Limited, buy the company report.
Auditor
Futurestep Recruitment Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Futurestep Recruitment Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Futurestep Recruitment Services Private Limited, buy the company report.
Deals & funding
Futurestep Recruitment Services Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Kornferry Rpops Sg Pte Limited Seller: Futurestep Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Futurestep Recruitment Services Private Limited has 14 court cases on record: 6 filed by Futurestep Recruitment Services, 8 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 2 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Home Alankar Retail Network Private Limited | Pending |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by Shipra Leasing Pvt. Ltd | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Shipra Leasing Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Home Alankar Retail Network Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed by the company against Shipra Leasing Private Limited | Disposed |
To see the full case history of Futurestep Recruitment Services Private 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
Futurestep Recruitment Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Futurestep Recruitment Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Futurestep Recruitment Services Private Limited has a workforce of 238 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Futurestep Recruitment Services has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF9168P1ZV | Maharashtra | Active | 01 Jul 2017 |
| 06AAACF9168P1ZZ | Haryana | Active | 01 Jul 2017 |
| 29AAACF9168P1ZR | Karnataka | Active | 01 Jul 2017 |
| 06AAACF9168P2ZY | Haryana | Active | 04 Apr 2024 |
To see the full GST registrations and return filing status of Futurestep Recruitment Services Private Limited, buy the company report.
Recent activity
Futurestep Recruitment Services Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Navnit Singh ceased to be Additional Director on 27 Sep 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Futurestep Recruitment Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 23 September 2005 (21+ years old) and is registered under CIN U74910MH2005PTC156311.
Futurestep Recruitment Services has 2 current directors:
- Charu Mital - Director
- Navnit Singh - Director
The latest financial statements of Futurestep Recruitment Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Futurestep Recruitment Services is 27AAACF9168P1ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAACF9168P1ZZ (Haryana), 29AAACF9168P1ZR (Karnataka), 06AAACF9168P2ZY (Haryana).
The CIN (Corporate Identification Number) of Futurestep Recruitment Services is U74910MH2005PTC156311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Futurestep Recruitment Services has 14 court cases on record: 6 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Futurestep Recruitment Services was incorporated on 23 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Futurestep Recruitment Services has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
The peers of Futurestep Recruitment Services by revenue are Nes Global Specialist Engineering Services Private Limited, NLB Services Private Limited, Shree Jee Manpower Contractors Private Limited, Retail Hub Solutions Limited, all in the Outsourcing industry (HR Outsourcing, Recruitment Services), with the same principal business activity (placement agencies and hr management services).
Navnit Singh ceased to be Additional Director on 27 Sep 2023. Navnit Singh was appointed as Director on 10 Jan 2023. Gary Dudley Burnison ceased to be Director on 02 Oct 2014. Futurestep Recruitment Services has 10 board changes on record in total.
Futurestep Recruitment Services has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Sep 2020.
Futurestep Recruitment Services can be reached through the website kornferry.com. Its registered office is in Mumbai, Maharashtra, India.