About Futurestep Recruitment Services Private Limited
Data last updated:
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 10 peer companies in the Outsourcing industry (HR Outsourcing, Recruitment Services) are compared by revenue, 5 larger and 5 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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- 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
- 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 Futurestep Recruitment Services Private Limited
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 of Futurestep Recruitment Services Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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.
Financials of Futurestep Recruitment Services Private Limited FY 2025 filings available
Futurestep Recruitment Services Private Limited reported revenue of ₹141.2 Cr (up 104% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Futurestep Recruitment Services Private Limited
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 of Futurestep Recruitment Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹40.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.5 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 Futurestep Recruitment Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Futurestep Recruitment Services 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.
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 of Futurestep Recruitment Services Private Limited
Futurestep Recruitment Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Recruitment Services). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Checkmate Industrial Guards Private Limited | ₹147.37 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Rajgrihi Singh Constructions Private Limited | ₹145.19 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Ranchi, Jharkhand, India |
| NLB Services Private Limited | ₹144.95 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Urban Enviro Waste Management Limited | ₹141.52 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Nagpur, Maharashtra, India |
| Futurestep Recruitment Services Private Limited this company | ₹141.2 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| Shree Jee Manpower Contractors Private Limited | ₹140.03 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| G S Logistics Private Limited | ₹139.55 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Bonace Engineers Private Limited | ₹137.8 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thane, Maharashtra, India |
| Retail Hub Solutions Limited | ₹137.15 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Thane, Maharashtra, India |
| Spoorthy Integrated Solutions (I) Private Limited | ₹136.51 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Futurestep Recruitment Services by revenue in the Outsourcing industry (HR Outsourcing, Recruitment Services), 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 Futurestep Recruitment Services Private Limited
Futurestep Recruitment Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | 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.
Ownership and Shareholding of Futurestep Recruitment Services 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 Futurestep Recruitment Services Private Limited
Futurestep Recruitment Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Futurestep Recruitment Services Private Limited
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 |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Futurestep Recruitment Services Private Limited
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. Status as checked between 21 Sep 2026 and 03 Oct 2026.
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 Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Home Alankar Retail Network Private Limited | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Shipra Leasing Private Limited | Pending |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed by the company against Shipra Leasing Private Limited | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Futurestep Recruitment Services Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Futurestep Recruitment Services Private Limited
Futurestep Recruitment Services Private Limited has a workforce of 238 employees as of Apr 06, 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.
Recent Activity on Futurestep Recruitment Services Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Futurestep Recruitment Services 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.
Subsidiaries & Group Companies of Futurestep Recruitment Services 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.
GST Compliance of Futurestep Recruitment Services Private Limited
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 |
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.
MCA Filings & Documents of Futurestep Recruitment Services 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.
Related news about Futurestep Recruitment Services Private Limited
Frequently Asked Questions about Futurestep Recruitment Services Private Limited
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 reported revenue of ₹141.2 Cr for FY 2025 (up 104% YoY).
Futurestep Recruitment Services has 2 current directors:
- Charu Mital - Director
- Navnit Singh - Director
Futurestep Recruitment Services reported a net profit of ₹28.5 Cr (net margin 20.2%) and EBITDA of ₹40.21 Cr (EBITDA margin 28.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Futurestep Recruitment Services is 14% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 104%. CAGR is the steady yearly rate that links the first and the last year.
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, Checkmate Industrial Guards Private Limited, Rajgrihi Singh Constructions Private Limited, NLB Services Private Limited, Urban Enviro Waste Management Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Recruitment 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.