Hire IT People Private Limited

Hire IT People Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72900TG2014PTC095940 Incorporated 09 October 2014 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹11.28 Cr
▼ 18% YoY
Net profit · FY 2025
₹11.07 Lakh
Net margin 1%
EBITDA · FY 2025
₹23.09 Lakh
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
82
Provident fund records
Directors on board
2
As per MCA filings

About Hire IT People Private Limited

Data last updated:

Hire IT People Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 October 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2014PTC095940. Its GSTIN is 36AADCH4822P1Z8 (Telangana).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Uma Devi Munipalle and Yashoda Devaki Nandan.

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 1 – 11 – 251/B Vasant Tower Behind Shooper'S Stop Begumpet, Hyderabad, Telangana, India – 500016.

As per the financials filed for FY 2025, the company reported a revenue of ₹11.28 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹11.07 Lakh (net margin 1%) and EBITDA of ₹23.09 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 41% over five years.

The company has about 82 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Hire IT People.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hireitpeople.com.

Company details

CIN U72900TG2014PTC095940
Registration Number 095940
Incorporation Date 09 October 2014
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant

Contact details

Hire IT People Private Limited's registered office is in Hyderabad, Telangana. Its website is hireitpeople.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1 – 11 – 251/B Vasant Tower Behind Shooper'S Stop Begumpet, Hyderabad, Telangana, India – 500016
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Hire IT People Private Limited, buy the company report.

Comprehensive company report
Hire IT People 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Hire IT People operates one associated brand: Hire IT People. Each brand links to its own profile.

BrandDescriptionWebsite
Provides staffing and project management services to support organizational needs.hireitpeople.com

Business activity

The main business activity of Hire IT People is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Hire IT People Private Limited, buy the company report.

Financials of Hire IT People Private Limited

FY 2024 filings available

Hire IT People Private Limited reported revenue of ₹11.28 Cr (down 18% YoY) for FY 2025.

Revenue · FY 2025
₹11.28 Cr ▼ 18%
Net profit · FY 2025
₹11.07 Lakh margin 1%
EBITDA · FY 2025
₹23.09 Lakh margin 2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 21%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 13%
5 years · compounded
▲ 29%

Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 2% 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₹23.09 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.07 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 Margin2%
Net Profit Margin1%
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 Hire IT People Private Limited, buy the company report.

Board of directors of Hire IT People Private Limited

Hire IT People has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Auditor

Hire IT People Private Limited is audited by ESWAR & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
ESWAR & COFY 2024011771S

Shareholding

The shareholding of Hire IT People Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hire IT People Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Hire IT People Private Limited has a workforce of 82 employees on its EPFO records as of Mar 22, 2025, across 1 active EPFO establishment.

Employee count
82
Active EPFO establishments
1
Employee growth
-28.7%

GST

Hire IT People has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AADCH4822P1Z8TelanganaActive16 Aug 2017

To see the full GST registrations and return filing status of Hire IT People Private Limited, buy the company report.

Recent activity

Hire IT People Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Illuri Reddy Venkateswara ceased to be Director on 09 Jul 2020.

AGM
Hire It People Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hire It People Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Illuri Reddy Venkateswara ceased to be Director.
Appointed
Uma Devi Munipalle was appointed as Director.
Appointed
Yashoda Devaki Nandan was appointed as Director.
Incorporation
09 Oct 2014
Hire It People Private Limited was registered on 09 Oct 2014 with Roc Hyderabad & aged 12 years 22 days as per MCA records.

Frequently asked questions

Hire IT People is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 October 2014 (12+ years old) and is registered under CIN U72900TG2014PTC095940.

Hire IT People has 2 current directors:

The latest financial statements of Hire IT People 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 2015 are in the company report.

The GSTIN of Hire IT People is 36AADCH4822P1Z8, registered in Telangana.

The CIN (Corporate Identification Number) of Hire IT People is U72900TG2014PTC095940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hire IT People was incorporated on 09 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.

Illuri Reddy Venkateswara ceased to be Director on 09 Jul 2020. Uma Devi Munipalle was appointed as Director on 09 Jul 2020. Yashoda Devaki Nandan was appointed as Director on 09 Oct 2014.

Hire IT People can be reached through the website hireitpeople.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Hire IT People is at 1 – 11 – 251B Vasant Tower Behind ShooperS Stop Begumpet, Hyderabad, Telangana, India – 500016.

Hire IT People operates in the information technology industry, in the IT consulting and support services segment.