Maxell H.R. Private Limited
About Maxell H.R. Private Limited
Data last updated:
Maxell H.R. Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 16 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2019PTC328080. Its GSTIN is 27AAMCM8116E1ZD (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Habib Shukoor Max (Managing Director) and Pradeep Ganeshlal Paliwal.
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 Shop No.9/10 Plot No.01 Radhika Arcade Town Center Cidco, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.83 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹47.53 Lakh (net margin 3.2%) and EBITDA of ₹82.66 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The company has about 842 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
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- Registered AddressShop No.9/10 Plot No.01 Radhika Arcade Town Center Cidco, Aurangabad, Maharashtra, India – 431001
- 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 Maxell H.R. Private Limited
The main business activity of Maxell H.R is administrative and support service activities. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 80 | Security and investigation 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 Maxell H.R. Private Limited FY 2025 filings available
Maxell H.R. Private Limited reported revenue of ₹14.83 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxell H.R. Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over three years, including 19% growth in the latest year. EBITDA fell 80% 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 Maxell H.R. 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 | ₹82.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.53 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 of Maxell H.R. Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Maxell H.R are in the company report.
Financial statements from FY 2020
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 Maxell H.R. Private Limited
Maxell H.R. Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| People Support India Private Limited | ₹14.92 Cr (FY 2025) | •••• | •••• | 285.0% | •••• | Rudrapur, Uttarakhand, India |
| Ath Support Services Private Limited | ₹14.91 Cr (FY 2024) | •••• | •••• | 92.0% | •••• | New Delhi, Delhi, India |
| Yalamanchili School of Learning Private Limited | ₹14.9 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Enkash New Waves Private Limited | ₹14.88 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| K D Faciliities Private Limited | ₹14.87 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Gurgaon, Haryana, India |
| Maxell H.R. Private Limited this company | ₹14.83 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Aurangabad, Maharashtra, India |
| Alerts Securitas Private Limited | ₹14.83 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Delhi, India |
| Menstar Services Private Limited | ₹14.82 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Axelon Staffingservices Private Limited | ₹14.81 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Krya Screening Private Limited | ₹14.8 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
| Unitech Corporation Private Limited | ₹14.78 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maxell H.R by revenue in the Outsourcing industry (HR Outsourcing), 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 Maxell H.R. Private Limited
Maxell H.R. Private Limited is audited by S M BANGAD & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S M BANGAD & 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 Maxell H.R. Private Limited
Maxell H.R has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Habib Shukoor Max | Managing Director | 16 Jul 2019 | 7 Years 2 Months | Current |
| Pradeep Ganeshlal Paliwal | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Shrikant Navle Also directs: Sai Eesha Properties LLP | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Kiran Habib Max | Director | 16 Jul 2019 | 7 Years 2 Months | Current |
| Zeeshaan Habib Max | Director | 16 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Maxell H.R. 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 Maxell H.R. Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2024 | Hdfc Bank Limited | ₹40 Lakh | Open |
| 06 Nov 2020 | Others | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Maxell H.R. Private Limited
Maxell H.R. Private Limited has 3 court cases on record: 3 filed by Maxell H.R. 2 cases are pending and 1 is disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 3 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.
Employees and EPFO Compliance at Maxell H.R. Private Limited
Maxell H.R. Private Limited has a workforce of 842 employees as of Mar 28, 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 Maxell H.R. Private Limited
Maxell H.R. Private Limited has 7 board changes on record since 2019: 6 appointments and 1 cessation. The latest: Deepaksinh Pratapsinh Gour was appointed as Director on 01 Aug 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maxell H.R. 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 Maxell H.R. 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 Maxell H.R. 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 Maxell H.R. Private Limited
Maxell H.R has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM8116E1ZD | Maharashtra | Active | 04 Aug 2019 |
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 Maxell H.R. 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 Maxell H.R. Private Limited
Maxell H.R is an active private limited company based in Aurangabad, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 16 July 2019 (7+ years old) and is registered under CIN U74910MH2019PTC328080.
Maxell H.R reported revenue of ₹14.83 Cr for FY 2024 (up 19% YoY).
Maxell H.R has 5 current directors:
- Habib Shukoor Max - Managing Director
- Pradeep Ganeshlal Paliwal - Director
- Shrikant Navle - Director
- Kiran Habib Max - Director
- Zeeshaan Habib Max - Director
Maxell H.R reported a net profit of ₹47.53 Lakh (net margin 3.2%) and EBITDA of ₹82.66 Lakh (EBITDA margin 5.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxell H.R is 28% over three years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxell H.R is 27AAMCM8116E1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maxell H.R is U74910MH2019PTC328080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxell H.R has 3 court cases on record: 3 filed by the company. 2 are pending.
Maxell H.R was incorporated on 16 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maxell H.R by revenue are People Support India Private Limited, Ath Support Services Private Limited, Yalamanchili School of Learning Private Limited, Enkash New Waves Private Limited, K D Faciliities Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Deepaksinh Pratapsinh Gour was appointed as Director on 01 Aug 2022. Habib Shukoor Max ceased to be Director on 01 Aug 2022. Pradeep Ganeshlal Paliwal was appointed as Director on 01 Aug 2022. Maxell H.R has 7 board changes on record in total.