MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0058547
Karma Management Global Consulting Solutions Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹90.99 Cr
▲ 17% YoY
Net profit · FY 2024
₹57.66 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹2.31 Cr
EBITDA margin 2.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.94 Cr
Satisfied ₹23.15 Cr
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Karma Management Global Consulting Solutions Private Limited
Data last updated:
Karma Management Global Consulting 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 15 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2004PTC145685. Its GSTIN is 27AACCK4231E1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Karma Management Consultants Private Limited. It is led by directors including Pratik Kishor Vaidya (Managing Director) and Komal Pratik Vaidya.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.99 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹57.66 Lakh (net margin 0.6%) and EBITDA of ₹2.31 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company is associated with 2 brands: Karma Management and MyPayrollBuddy. As per MCA filings, the company has open charges of ₹10.94 Cr and satisfied charges of ₹23.15 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 7 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2017. Its 4 peer companies in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 1 larger and 3 smaller; the largest is Paysquare HR Services Private Limited with revenue of ₹91.56 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 27 overdue payments to 3 micro and small suppliers.
Karma Management Global Consulting Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0058547). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmamgmt.com.
Company details
CIN U74140MH2004PTC145685
Registration Number 145685
Incorporation Date 15 April 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0058547
Key People
Pratik Kishor Vaidya Managing Director Komal Pratik Vaidya Director Smita Kishor Vaidya Director Recognitions & Rankings of Karma Management Global Consulting Solutions
Contact details
Karma Management Global Consulting Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is karmamgmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 3 & 7 Shantinagar Industrial Estate, Plot No 4B Vakola Santacruz East, Mumbai, Maharashtra, India – 400055
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Comprehensive company report
Karma Management Global Consulting 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Karma Management Global Consulting Solutions operates two associated brands: Karma Management and MyPayrollBuddy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers payroll processing, compliance management, HR outsourcing, and audit services. | karmamgmt.com | |
| Delivers a cloud-based solution for efficient payroll management. | mypayrollbuddy.com |
Business activity
The main business activity of Karma Management Global Consulting Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Financials of Karma Management Global Consulting Solutions Private Limited
FY 2025 filings availableKarma Management Global Consulting Solutions Private Limited reported revenue of ₹90.99 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹90.99 Cr ▲ 17%
Net profit · FY 2024
₹57.66 Lakh margin 0.6%
EBITDA · FY 2024
₹2.31 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 17%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 17% growth in the latest year. EBITDA rose 24% 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
| 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 | ₹2.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.66 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Karma Management Global Consulting Solutions Private Limited, buy the company report.
Board of directors of Karma Management Global Consulting Solutions Private Limited
Karma Management Global Consulting Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Komal Pratik Vaidya | Director | 04 Feb 2017 | 9 Years 9 Months | Current |
| Smita Kishor Vaidya | Director | 04 Feb 2017 | 9 Years 9 Months | Current |
| Pratik Kishor Vaidya | Managing Director | 15 Apr 2004 | 22 Years 6 Months | Current |
Peer comparison
Karma Management Global Consulting Solutions Private Limited is compared with the 4 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paysquare HR Services Private Limited | ₹91.56 Cr (FY 2025) | 22.0% | Pune, Maharashtra, India | |||
| Karma Management Global Consulting Solutions Private Limitedthis company | ₹90.99 Cr (FY 2024) | ₹57.66 Lakh | 0.6% | 17.0% | Mumbai, Maharashtra, India | |
| Orcapod Consulting Services Private Limited | ₹90.61 Cr (FY 2025) | 37.0% | Thane, Maharashtra, India | |||
| Liberium Global Resources Private Limited | ₹90.51 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| M.S.Services Private Limited | ₹89.56 Cr (FY 2025) | 17.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Auditor
Karma Management Global Consulting Solutions Private Limited is audited by Bhushan Khot & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhushan Khot & Co. | FY 2022 | 116888W |
Shareholding
The shareholding of Karma Management Global Consulting Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.94 Cr
Satisfied charges
₹23.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101191599 | Others | ₹22.35 Lakh | Open | |
| 18 Feb 2025 | 101057655 | Others | ₹10.72 Cr | Open | |
| 30 Jan 2024 | 100868968 | Others | ₹9 Cr | Satisfied | |
| 07 Nov 2023 | 100818044 | Others | ₹6 Cr | Satisfied | |
| 20 Dec 2019 | 100312424 | Hdfc Bank Limited | ₹1.3 Cr | Satisfied |
To see the full charge records of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Karma Management Global Consulting Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2017.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karma Management Global Consulting Solutions Private Limited has 14 court cases on record: 6 filed by Karma Management Global Consulting Solutions, 8 filed against it. 7 cases are pending and 7 are disposed.
Total cases
14
Filed by the company
6
Filed against the company
8
Pending
7
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 6 |
| High courts | 2 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by Comply4hr Consultants Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Comply4hr Consultants Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Urbansoul Creation Private Limited and 3 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Comply4hr Consultants Pvt Ltd and 1 other | Disposed |
| Supreme Court | Court case | Filed by the company against Comply4hr Consultants Pvt. Ltd. | Disposed |
To see the full case history of Karma Management Global Consulting Solutions Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Karma Management Global Consulting Solutions Private Limited was last rated by Crisil on 23 Nov 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Nov 2018 |
To see the full credit ratings and regulatory alerts of Karma Management Global Consulting Solutions Private Limited, buy the company report.
MSME payment delays
Karma Management Global Consulting Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 27 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Opportune Technologies Private Limited | |||
| an individual supplier | |||
| K R & Associates |
To see the full MSME payment records of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Karma Management Global Consulting Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK4231E1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karma Management Global Consulting Solutions Private Limited, buy the company report.
Recent activity
Karma Management Global Consulting Solutions Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Pratik Kishor Vaidya ceased to be Director on 16 Jun 2024.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 101191599 was registered on 06 Nov 2025.
AGM
Karma Management Global Consulting Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 10.72 Cr registered on 18 Feb 2025 with Charge ID 101057655 was modified on 28 Jul 2025.
Charges
A charge registered on 30 Jan 2024 via Charge ID 100868968 with Others was fully satisfied on 07 Jul 2025.
Filing
Karma Management Global Consulting Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 10.72 Cr with Charge ID 101057655 was registered on 18 Feb 2025.
Ceased
Pratik Kishor Vaidya ceased to be Director.
Charges
A charge with Others of Rs. 9.00 Cr registered on 30 Jan 2024 with Charge ID 100868968 was modified on 20 Feb 2024.
Charges
A charge registered on 20 Dec 2019 via Charge ID 100312424 with Hdfc Bank Limited was fully satisfied on 14 Feb 2024.
Charges
A charge registered on 13 Apr 2017 via Charge ID 100108349 with Hdfc Bank Limited was fully satisfied on 14 Feb 2024.
Charges
A charge registered on 07 Nov 2023 via Charge ID 100818044 with Others was fully satisfied on 09 Feb 2024.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100868968 was registered on 30 Jan 2024.
11 earlier events are in the company report.
Frequently asked questions
Karma Management Global Consulting 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 15 April 2004 (22+ years old) and is registered under CIN U74140MH2004PTC145685.
Karma Management Global Consulting Solutions has 3 current directors:
- Pratik Kishor Vaidya - Managing Director
- Komal Pratik Vaidya - Director
- Smita Kishor Vaidya - Director
The latest financial statements of Karma Management Global Consulting Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karma Management Global Consulting Solutions is 27AACCK4231E1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karma Management Global Consulting Solutions is U74140MH2004PTC145685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma Management Global Consulting Solutions has 14 court cases on record: 6 filed by the company and 8 filed against it. 7 are pending. Most are in the district courts.
Karma Management Global Consulting Solutions was incorporated on 15 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Karma Management Global Consulting Solutions has 1 deal on record (1 secondary share transfer); the latest was in January 2017.
The peers of Karma Management Global Consulting Solutions by revenue are Paysquare HR Services Private Limited, Orcapod Consulting Services Private Limited, Liberium Global Resources Private Limited, M.S.Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Pratik Kishor Vaidya ceased to be Director on 16 Jun 2024. Kishor Babubhai Vaidya ceased to be Director on 31 May 2022. Komal Pratik Vaidya ceased to be Additional Director on 30 Sep 2017. Karma Management Global Consulting Solutions has 7 board changes on record in total.
Yes, Karma Management Global Consulting Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0058547).
Karma Management Global Consulting Solutions has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 27 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages