Hire Express Private Limited
About Hire Express Private Limited
Data last updated:
Hire Express Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the placement services segment of the professional services sector. It was incorporated on 06 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2013PTC071701. Its GSTIN is 29AADCH2888M1ZV (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anilkumar Sitarama and Ponnuswamy Sathyavathi.
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 #47 2nd Floor 20th Main 2nd Stage Vijayanagar, Mysore, Karnataka, India – 570017.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹33,230 (net margin -2.3%) and EBITDA of -₹32,578 (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#47 2nd Floor 20th Main 2nd Stage Vijayanagar, Mysore, Karnataka, India – 570017
- IndustryProfessional Services, Placement Services, Human Resources
- 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 Hire Express Private Limited
The main business activity of Hire Express 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 Hire Express Private Limited FY 2025 filings available
Hire Express Private Limited reported revenue of ₹14.35 Lakh (up 288% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hire Express Private Limited
Revenue rose 288% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 97% 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 Hire Express 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 | -₹32,578 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33,230 | •••• | •••• | •••• | •••• |
| 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 Hire Express Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hire Express 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 Hire Express Private Limited
Hire Express Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Placement agencies and HR management 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 |
|---|---|---|---|---|---|---|
| Mint Rpo Services Private Limited | ₹14.41 Lakh (FY 2019) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Spantag Technologies Private Limited | ₹14.4 Lakh (FY 2023) | •••• | •••• | 1416.0% | •••• | Chennai, Tamil Nadu, India |
| Impel Task Humen Resource Private Limited | ₹14.39 Lakh (FY 2023) | •••• | •••• | 168.0% | •••• | Pune, Maharashtra, India |
| Glanz HR Services Private Limited | ₹14.38 Lakh (FY 2016) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Star Maintenance Services Private Limited | ₹14.36 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Kolhapur, Maharashtra, India |
| Hire Express Private Limited this company | ₹14.35 Lakh (FY 2025) | •••• | •••• | 288.0% | •••• | Mysore, Karnataka, India |
| Hope Advisors Private Limited | ₹14.35 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Gurgaon, Haryana, India |
| Scribal Magnate Private Limited | ₹14.34 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Bengaluru, Karnataka, India |
| Anokhi Enterprises Private Limited | ₹14.33 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Hyderabad, Telangana, India |
| Cloudus Soft IT Solutions Private Limited | ₹14.33 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Faridabad, Haryana, India |
| Happy Associates Private Limited | ₹14.31 Lakh (FY 2017) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hire Express by revenue in the same principal business activity (Placement agencies and HR management 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 Hire Express Private Limited
Hire Express Private Limited is audited by ES AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ES AND 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 Hire Express Private Limited
Hire Express has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Sitarama | Director | 06 Nov 2013 | 12 Years 11 Months | Current |
| Ponnuswamy Sathyavathi | Director | 06 Nov 2013 | 12 Years 11 Months | Current |
Ownership and Shareholding of Hire Express 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 Hire Express Private Limited
Hire Express Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hire Express Private Limited
Employment history and EPFO contributions of people linked to Hire Express.
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 Hire Express Private Limited
Hire Express Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Shilpashree Gundalpet Shivadatta ceased to be Director on 24 Feb 2014.
Credit Ratings, Litigation & Regulatory Alerts for Hire Express 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 Hire Express 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 Hire Express 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 Hire Express Private Limited
Hire Express has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH2888M1ZV | Karnataka | 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 Hire Express 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 Hire Express Private Limited
Hire Express is an active private limited company based in Mysore, Karnataka, India. The company works in placement services, within the professional services industry. It was incorporated on 06 November 2013 (13+ years old) and is registered under CIN U74910KA2013PTC071701.
Hire Express reported revenue of ₹14.35 Lakh for FY 2025 (up 288% YoY).
Hire Express has 2 current directors:
- Anilkumar Sitarama - Director
- Ponnuswamy Sathyavathi - Director
Hire Express reported a net loss of ₹33,230 (net margin -2.3%) and EBITDA of -₹32,578 (EBITDA margin -2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hire Express is -26% over three years and -20% over five years. In the latest year (FY 2025) revenue rose 288%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hire Express is 29AADCH2888M1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Hire Express is U74910KA2013PTC071701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hire Express was incorporated on 06 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hire Express by revenue are Mint Rpo Services Private Limited, Spantag Technologies Private Limited, Impel Task Humen Resource Private Limited, Glanz HR Services Private Limited, Star Maintenance Services Private Limited and 5 more, all in the same principal business activity (Placement agencies and HR management services).
Shilpashree Gundalpet Shivadatta ceased to be Director on 24 Feb 2014. Anilkumar Sitarama was appointed as Director on 06 Nov 2013. Ponnuswamy Sathyavathi was appointed as Director on 06 Nov 2013.
The registered office of Hire Express is at #47 2nd Floor 20th Main 2nd Stage Vijayanagar, Mysore, Karnataka, India – 570017.