About Hrmantra Software Private Limited
Data last updated:
Hrmantra Software Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 11 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1996PTC104445. Its GSTIN is 27AADCS0927N1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.51 Lakh. It was formerly known as Smartsearch Consultants (India) Private Limited. It is led by directors Pankaj Balaprasad Bhargav and Pratima Pankaj Bhargav.
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 2024, the company reported a revenue of ₹6.02 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹8.06 Lakh (net margin 1.3%) and EBITDA of ₹1.32 Cr (EBITDA margin 22%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HRMantra. As per MCA filings, the company has open charges of ₹30.43 Cr and satisfied charges of ₹9.5 Cr on record. Court records list 23 cases involving the company, including 15 filed by the company and 6 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hrmantra.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address65/70 Kesar Residency Ground Floor Behind Bhagwati Hotel Charkop Market Ka, Ndivil, Mumbai, Maharashtra, India – 400067
- IndustryInformation Technology, Software Development & Support Services
- 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 Hrmantra Software Private Limited
The main business activity of Hrmantra Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Hrmantra Software Private Limited FY 2024 filings available
Hrmantra Software Private Limited reported revenue of ₹6.02 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hrmantra Software Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 14% fall in the latest year. EBITDA fell 1% 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 Hrmantra Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.06 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hrmantra Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Hrmantra Software 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 Hrmantra Software Private Limited
Hrmantra Software Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amazon IT Services (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Rasilant Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Khaticraft Furnishing & Decor Solutions Private Limited | •••• | •••• | •••• | •••• | - | Sadulpur, Rajasthan, India |
| Right Way Securities Services Private Limited | •••• | •••• | •••• | •••• | - | Sirsa, Haryana, India |
| Hawk Vision Protection Services Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Hrmantra Software Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mybutler Facility Management Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Valuebright Consult Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Codesket Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Tactful Systems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mc4 Resource Private Limited | •••• | •••• | •••• | •••• | 233 | Garvebhavi Palya, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Hrmantra Software by revenue in the Outsourcing industry (HR Outsourcing, Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Hrmantra Software Private Limited
Hrmantra Software Private Limited is audited by ANIL TILVE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL TILVE & CO | 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 Hrmantra Software Private Limited
Hrmantra Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Balaprasad Bhargav Also directs: HR Mantra AI Private Limited | Director | 11 Dec 1996 | 29 Years 9 Months | Current |
| Pratima Pankaj Bhargav Also directs: HR Mantra AI Private Limited | Director | 11 Dec 1996 | 29 Years 9 Months | Current |
Ownership and Shareholding of Hrmantra Software 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 Hrmantra Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2025 | Others | ₹1.87 Cr | Open |
| 29 Sep 2024 | Others | ₹3.5 Cr | Open |
| 10 Oct 2022 | Others | ₹2.6 Cr | Open |
| 27 Jan 2022 | Axis Bank Limited | ₹10 Cr | Open |
| 30 Mar 2017 | Others | ₹2.25 Cr | Open |
Total charge records: 8 View all charges
Legal Cases of Hrmantra Software Private Limited
Hrmantra Software Private Limited has 23 court cases on record: 15 filed by Hrmantra Software, 6 filed against it, 2 where it is another party. 4 cases are pending and 19 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 3 | 4 |
| High courts | 7 | 3 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Manipal Technologies Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Manipal Technologies Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Manipal Technologies Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Manipal Technologies Limited | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Manipal Technologies Limited | Disposed |
Full case history
All 23 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.
Associated Brands with Hrmantra Software Private Limited
Hrmantra Software operates one associated brand: HRMantra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive HR software for recruitment, payroll, and employee tracking. | hrmantra.com |
Employees and EPFO Compliance at Hrmantra Software Private Limited
Hrmantra Software Private Limited has a workforce of 31 employees as of Apr 02, 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 Hrmantra Software Private Limited
Hrmantra Software Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Pankaj Balaprasad Bhargav was appointed as Director on 11 Dec 1996.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hrmantra Software 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 Hrmantra Software 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 Hrmantra Software 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 Hrmantra Software Private Limited
Hrmantra Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS0927N1Z2 | 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 Hrmantra Software 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 Hrmantra Software Private Limited
Hrmantra Software is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 11 December 1996 (30+ years old) and is registered under CIN U74140MH1996PTC104445.
Hrmantra Software reported revenue of ₹6.02 Cr for FY 2024 (down 14% YoY).
Hrmantra Software has 2 current directors:
- Pankaj Balaprasad Bhargav - Director
- Pratima Pankaj Bhargav - Director
Hrmantra Software reported a net profit of ₹8.06 Lakh (net margin 1.3%) and EBITDA of ₹1.32 Cr (EBITDA margin 22%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hrmantra Software is -5% over three years and -8% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hrmantra Software is 27AADCS0927N1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hrmantra Software is U74140MH1996PTC104445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hrmantra Software has 23 court cases on record: 15 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Hrmantra Software was incorporated on 11 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hrmantra Software by revenue are Amazon IT Services (India) Private Limited, Rasilant Technologies Private Limited, Khaticraft Furnishing & Decor Solutions Private Limited, Right Way Securities Services Private Limited, Hawk Vision Protection Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Software Services).
Pankaj Balaprasad Bhargav was appointed as Director on 11 Dec 1996. Pratima Pankaj Bhargav was appointed as Director on 11 Dec 1996.