About Guardforce Security Solutions Private Limited
Data last updated:
Guardforce Security Solutions Private Limited is a private limited company based in Pune City, Maharashtra, India, a subsidiary of Bsa Corporation Limited. It operates in the security and surveillance segment of the business services sector. It was incorporated on 10 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC150534. Its GSTIN is 27AAFCG5358K1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Akash Kadam and Sushma Balasaheb Kadam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune City, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.69 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹17.62 Lakh (net margin -1.6%) and EBITDA of -₹14.8 Lakh (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 43% over five years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GuardForce Security Solutions. As per MCA filings, the company has open charges of ₹10.21 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 guardforce.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVb Capitol 4th Floor, Range Hill Road Shivaji Nagar, Pune City, Maharashtra, India – 411007
- IndustryBusiness Services, Security & Surveillance
- 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
Business Activity of Guardforce Security Solutions Private Limited
The main business activity of Guardforce Security Solutions is administrative and support service activities. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 80 | Security and investigation activities | 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 Guardforce Security Solutions Private Limited FY 2025 filings available
Guardforce Security Solutions Private Limited reported revenue of ₹10.69 Cr (up 152% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Guardforce Security Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 152% growth in the latest year. EBITDA fell 229% 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 Guardforce Security Solutions 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 | -₹14.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.62 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 Guardforce Security Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.6% | •••• | •••• | •••• | •••• |
| 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 Guardforce Security 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.
Peer Comparison of Guardforce Security Solutions Private Limited
Guardforce Security Solutions Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Security 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 |
|---|---|---|---|---|---|---|
| Ocean Unicare Security Services Private Limited | ₹10.76 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
| Lions Industrial Security and Management Services Private Limited | ₹10.74 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Jalapore, Gujarat, India |
| Aakankcha Security Service and Company Private Limited | ₹10.72 Cr (FY 2020) | •••• | •••• | -11.0% | •••• | Patna, Bihar, India |
| Necessa Security & Integrated Services Private Limited | ₹10.71 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gurgaon, Haryana, India |
| Saan Securitas Private Limited | ₹10.7 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Vidyanagar Bilaspur, Chattisgarh, India |
| Guardforce Security Solutions Private Limited this company | ₹10.69 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | Pune City, Maharashtra, India |
| Right Move Security Services Private Limited | ₹10.63 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolhapur, Maharashtra, India |
| Ravenbeck Security India Limited | ₹10.63 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Cochin, Kerala, India |
| Hawks Eye Security Services Private Limited | ₹10.58 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chandigarh, India |
| Ris Management Private Limited | ₹10.56 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Hunter Security Force Private Limited | ₹10.51 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Guardforce Security Solutions by revenue in the Business Services industry (Security 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 Guardforce Security Solutions Private Limited
Guardforce Security Solutions Private Limited is audited by P C PATIL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P C PATIL & ASSOCIATES | 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 Guardforce Security Solutions Private Limited
Guardforce Security Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Kadam Also directs: Smart Facility Solutions India Private Limited, Bsa Corporation Limited, Bsa Edutech India Private Limited and 5 more | Director | 10 Feb 2014 | 12 Years 7 Months | Current |
| Sushma Balasaheb Kadam Also directs: Smart Facility Solutions India Private Limited, Bsa Corporation Limited, Bsa Edutech India Private Limited and 1 more | Director | 16 Aug 2018 | 8 Years 1 Months | Current |
| Akshay Kadam Also directs: Smart Facility Solutions India Private Limited, Bsa Corporation Limited, Bsa Edutech India Private Limited and 5 more | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
Ownership and Shareholding of Guardforce Security 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 Guardforce Security Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2023 | Hdfc Bank Limited | ₹10.21 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Guardforce Security Solutions Private Limited
Guardforce Security Solutions operates one associated brand: GuardForce Security Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security services including guarding, electronic systems, and consultancy in India. | guardforce.co.in |
Employees and EPFO Compliance at Guardforce Security Solutions Private Limited
Guardforce Security Solutions Private Limited has a workforce of 140 employees as of Mar 29, 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 Guardforce Security Solutions Private Limited
Guardforce Security Solutions Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Akshay Kadam was appointed as Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Guardforce Security 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 Guardforce Security 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 Guardforce Security 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.
GST Compliance of Guardforce Security Solutions Private Limited
Guardforce Security Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG5358K1Z7 | Maharashtra | 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.
MCA Filings & Documents of Guardforce Security 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.
Frequently Asked Questions about Guardforce Security Solutions Private Limited
Guardforce Security Solutions is an active private limited company based in Pune City, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 10 February 2014 (12+ years old) and is registered under CIN U74900PN2014PTC150534.
Guardforce Security Solutions reported revenue of ₹10.69 Cr for FY 2025 (up 152% YoY).
Guardforce Security Solutions has 3 current directors:
- Akash Kadam - Director
- Sushma Balasaheb Kadam - Director
- Akshay Kadam - Director
Guardforce Security Solutions reported a net loss of ₹17.62 Lakh (net margin -1.6%) and EBITDA of -₹14.8 Lakh (EBITDA margin -1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Guardforce Security Solutions is 46% over three years and 43% over five years. In the latest year (FY 2025) revenue rose 152%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Guardforce Security Solutions is 27AAFCG5358K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Guardforce Security Solutions is U74900PN2014PTC150534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Guardforce Security Solutions was incorporated on 10 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Guardforce Security Solutions by revenue are Ocean Unicare Security Services Private Limited, Lions Industrial Security and Management Services Private Limited, Aakankcha Security Service and Company Private Limited, Necessa Security & Integrated Services Private Limited, Saan Securitas Private Limited and 5 more, all in the Business Services industry (Security Services).
Akshay Kadam was appointed as Director on 31 Dec 2020. Balasaheb Vitthalrao Kadam ceased to be Director on 31 Mar 2019. Sushma Balasaheb Kadam was appointed as Director on 16 Aug 2018. Guardforce Security Solutions has 4 board changes on record in total.
Guardforce Security Solutions can be reached through the website guardforce.co.in. Its registered office is in Pune City, Maharashtra, India.