H1 HR Solutions Private Limited

H1 HR Solutions Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74140MH2019PTC332559 Incorporated 05 November 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Medium
Data last updated
Revenue · FY 2025
₹219.3 Cr
▲ 39% YoY
Net profit · FY 2025
₹64.85 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 0.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
5,997
Provident fund records
Directors on board
2
As per MCA filings

About H1 HR Solutions Private Limited

Data last updated:

H1 HR Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2019PTC332559. Its GSTIN is 27AAFCH0952C1ZX (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Usha Pradeepkumar Thakkar and Rekha Hemang Tejura.

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 is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹219.3 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹64.85 Lakh (net margin 0.3%) and EBITDA of ₹1.01 Cr (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years and 223% over five years.

The company has about 5,997 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

H1 HR Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0160333). For more details, the company can be reached via its website h1hr.in.

Company details

CIN U74140MH2019PTC332559
Registration Number 332559
Incorporation Date 05 November 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0160333

Recognitions & Rankings of H1 HR Solutions

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0160333

Contact details

H1 HR Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is h1hr.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    915 916 Ajmera Sikova, Lbs Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of H1 HR Solutions Private Limited, buy the company report.

Comprehensive company report
H1 HR Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of H1 HR Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of H1 HR Solutions Private Limited, buy the company report.

Financials of H1 HR Solutions Private Limited

FY 2024 filings available

H1 HR Solutions Private Limited reported revenue of ₹219.3 Cr (up 39% YoY) for FY 2025.

Revenue · FY 2025
₹219.3 Cr ▲ 39%
Net profit · FY 2025
₹64.85 Lakh margin 0.3%
EBITDA · FY 2025
₹1.01 Cr margin 0.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 127%
5 years · compounded
▲ 223%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 123%
5 years · compounded
▲ 56%

Revenue has grown at a compounded annual rate (CAGR) of 223% over five years, including 39% growth in the latest year. EBITDA rose 25% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹64.85 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.5%
Net Profit Margin0.3%
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

To see the full financial statements and ratios of H1 HR Solutions Private Limited, buy the company report.

Board of directors of H1 HR Solutions Private Limited

H1 HR Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Usha Pradeepkumar ThakkarDirector05 Nov 20196 Years 11 MonthsCurrent
Rekha Hemang TejuraDirector07 Sep 20215 Years 1 MonthsCurrent

Peer comparison

H1 HR Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Randstad Enterprise Private Limited₹222.3 Cr (FY 2025)204.0%Chennai, Tamil Nadu, India
Neeyamo Enterprise Solutions Private Limited₹220.82 Cr (FY 2025)7.0%Chennai, Tamil Nadu, India
Adroit Global Personnel Services Private Limited₹220.01 Cr (FY 2025)44.0%New Delhi, Delhi, India
Korn /Ferry International Private Limited₹219.45 Cr (FY 2025)7.0%Mumbai, Maharashtra, India
H1 HR Solutions Private Limitedthis company₹219.3 Cr (FY 2025)₹64.85 Lakh0.3%39.0%5,997Mumbai, Maharashtra, India
Tata Steel Technical Services Limited₹218.91 Cr (FY 2025)24.0%New Delhi, Delhi, India
Arcos Skill Management Services Private Limited₹217.68 Cr (FY 2025)4.0%Delhi, India

To see the full peer comparison of H1 HR Solutions Private Limited, buy the company report.

Auditor

H1 HR Solutions Private Limited is audited by ROHIT SACHDEVA & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
ROHIT SACHDEVA & CO.FY 2024026280N

Shareholding

The shareholding of H1 HR Solutions Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of H1 HR Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for H1 HR Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

H1 HR Solutions Private Limited has a workforce of 5,997 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.

Employee count
5,997
Active EPFO establishments
1
Employee growth
147.81%

GST

H1 HR Solutions has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAFCH0952C1ZXMaharashtraActive05 Nov 2019
19AAFCH0952C1ZUWest BengalActive26 Mar 2020
29AAFCH0952C1ZTKarnatakaActive05 Jun 2025

To see the full GST registrations and return filing status of H1 HR Solutions Private Limited, buy the company report.

Recent activity

H1 HR Solutions Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Rekha Hemang Tejura ceased to be Additional Director on 30 Nov 2021.

AGM
H1 Hr Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
H1 Hr Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Rekha Hemang Tejura ceased to be Additional Director.
Ceased
Shradha Raju Gudade ceased to be Director.
Appointed
Rekha Hemang Tejura was appointed as Director.
Ceased
Vani Sedha ceased to be Additional Director.
Appointed
Usha Pradeepkumar Thakkar was appointed as Director.
Incorporation
05 Nov 2019
H1 Hr Solutions Private Limited was registered on 05 Nov 2019 with Roc Mumbai & aged 6 years 11 months as per MCA records.

Frequently asked questions

H1 HR Solutions 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 05 November 2019 (7+ years old) and is registered under CIN U74140MH2019PTC332559.

H1 HR Solutions has 2 current directors:

The latest financial statements of H1 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 FY 2020 are in the company report.

The GSTIN of H1 HR Solutions is 27AAFCH0952C1ZX, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AAFCH0952C1ZU (West Bengal), 29AAFCH0952C1ZT (Karnataka).

The CIN (Corporate Identification Number) of H1 HR Solutions is U74140MH2019PTC332559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

H1 HR Solutions has 1 court case on record: 1 filed by the company. 1 is pending.

H1 HR Solutions was incorporated on 05 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of H1 HR Solutions by revenue are Randstad Enterprise Private Limited, Neeyamo Enterprise Solutions Private Limited, Adroit Global Personnel Services Private Limited, Korn /Ferry International Private Limited, Tata Steel Technical Services Limited and 1 more, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Rekha Hemang Tejura ceased to be Additional Director on 30 Nov 2021. Shradha Raju Gudade ceased to be Director on 21 Oct 2021. Rekha Hemang Tejura was appointed as Director on 07 Sep 2021. H1 HR Solutions has 5 board changes on record in total.

Yes, H1 HR Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0160333).

H1 HR Solutions can be reached through the website h1hr.in. Its registered office is in Mumbai, Maharashtra, India.