About HSR IT Solutions Private Limited
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HSR IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 09 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC072395. Its GSTIN is 29AADCH3097E1ZH (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravishankara Shivamallappa Hassan and Pratibha Devi Shivappa Belagodu.
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 #A – 101 Adarsh Rhythm Apt #71 3rd Main Panduranganagar, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.16 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹29.88 Lakh (net margin 7.2%) and EBITDA of ₹40.54 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HSR IT Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itresource.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#A – 101 Adarsh Rhythm Apt #71 3rd Main Panduranganagar, Bangalore, Karnataka, India – 560076
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 HSR IT Solutions Private Limited
The main business activity of HSR IT Solutions 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 | 62 | 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 HSR IT Solutions Private Limited FY 2025 filings available
HSR IT Solutions Private Limited reported revenue of ₹4.16 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HSR IT Solutions Private Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 71% 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 HSR IT 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 | ₹40.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.88 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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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of HSR IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.2% | •••• | •••• | •••• | •••• |
| 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 HSR IT 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 HSR IT Solutions Private Limited
HSR IT Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Icap Automation Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| CPL Logistics Private Limited | •••• | •••• | •••• | •••• | - | Kalamassery, Kerala, India |
| Animesh Project Private Limited | •••• | •••• | •••• | •••• | - | Durgapur, West Bengal, India |
| Talentmovers Consulting Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| JTS Business Services (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| HSR IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Applycup Hiring Solutions LLP | •••• | •••• | •••• | •••• | 72 | Pune City, Maharashtra, India |
| Ranbaxy Merchandise Pvt Ltd | •••• | •••• | •••• | •••• | 93 | Kolkata, West Bengal, India |
| Countquick Accounting Services Private Limited | •••• | •••• | •••• | •••• | - | Laxmi Nagar, Delhi, India |
| Medulla Recruitment Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Wiztech Services Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below HSR IT Solutions by revenue in the Outsourcing industry (HR Outsourcing), 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 HSR IT Solutions Private Limited
HSR IT Solutions Private Limited is audited by H.P. PAI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.P. PAI & 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 HSR IT Solutions Private Limited
HSR IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravishankara Shivamallappa Hassan | Director | 09 Dec 2013 | 12 Years 9 Months | Current |
| Pratibha Devi Shivappa Belagodu | Director | 09 Dec 2013 | 12 Years 9 Months | Current |
Ownership and Shareholding of HSR IT 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 HSR IT Solutions Private Limited
HSR IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with HSR IT Solutions Private Limited
HSR IT Solutions operates one associated brand: HSR IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services and consulting for textile, apparel, retail, logistics, and clinical research sectors. | itresource.in |
Employees and EPFO Compliance at HSR IT Solutions Private Limited
HSR IT Solutions Private Limited has a workforce of 38 employees as of Mar 30, 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 HSR IT Solutions Private Limited
HSR IT Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Pratibha Devi Shivappa Belagodu was appointed as Director on 09 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for HSR IT 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 HSR IT 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 HSR IT 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 HSR IT Solutions Private Limited
HSR IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH3097E1ZH | 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 HSR IT 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 HSR IT Solutions Private Limited
HSR IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 09 December 2013 (13+ years old) and is registered under CIN U72200KA2013PTC072395.
HSR IT Solutions reported revenue of ₹4.16 Cr for FY 2025 (down 22% YoY).
HSR IT Solutions has 2 current directors:
- Ravishankara Shivamallappa Hassan - Director
- Pratibha Devi Shivappa Belagodu - Director
HSR IT Solutions reported a net profit of ₹29.88 Lakh (net margin 7.2%) and EBITDA of ₹40.54 Lakh (EBITDA margin 9.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HSR IT Solutions is -8% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HSR IT Solutions is 29AADCH3097E1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of HSR IT Solutions is U72200KA2013PTC072395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HSR IT Solutions was incorporated on 09 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of HSR IT Solutions by revenue are Icap Automation Private Limited, CPL Logistics Private Limited, Animesh Project Private Limited, Talentmovers Consulting Private Limited, JTS Business Services (OPC) Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Pratibha Devi Shivappa Belagodu was appointed as Director on 09 Dec 2013. Ravishankara Shivamallappa Hassan was appointed as Director on 09 Dec 2013.
HSR IT Solutions can be reached through the website itresource.in. Its registered office is in Bangalore, Karnataka, India.