About Maxonic India Private Limited
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Maxonic India Private Limited is a private limited company based in Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2005PTC132857. Its GSTIN is 29AAECM1780A1ZP (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nimish Singhania and Nitin Khanna.
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 680/10 Katra Hira Lal Chandni Chowk, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.03 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹24.22 Lakh (net margin 2.4%) and EBITDA of ₹52.35 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxonic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address680/10 Katra Hira Lal Chandni Chowk, Delhi, India – 110006
- 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 Maxonic India Private Limited
The main business activity of Maxonic India is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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 Maxonic India Private Limited FY 2024 filings available
Maxonic India Private Limited reported revenue of ₹10.03 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maxonic India Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 56% 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 Maxonic India 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 | ₹52.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.22 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 Maxonic India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Maxonic India 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 Maxonic India Private Limited
Maxonic India 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 |
|---|---|---|---|---|---|---|
| Radiansys Technologies Private Limited | ₹10.12 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Gurgaon, Haryana, India |
| Daksh Securitas Private Limited | ₹10.11 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
| Avocation Staffing Solutions Private Limited | ₹10.1 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Kolkata, West Bengal, India |
| Sre HR Services Private Limited | ₹10.08 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Navi Mumbai, Maharashtra, India |
| Virtual Recruiters Private Limited | ₹10.04 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Maxonic India Private Limited this company | ₹10.03 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Complete Resources Private Limited | ₹10.03 Cr (FY 2024) | •••• | •••• | 449.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Tapti Waterways Private Limited | ₹10 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Surat, Gujarat, India |
| Energygov Manpower Agency India Private Limited | ₹10 Cr (FY 2024) | •••• | •••• | 7344.0% | •••• | Panvel, Maharashtra, India |
| Weaversoft Solutions Private Limited | ₹10 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Lucknow, Uttar Pradesh, India |
| Venkatesh HR Facilities Private Limited | ₹9.99 Cr (FY 2024) | •••• | •••• | 165.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maxonic India 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 Maxonic India Private Limited
Maxonic India Private Limited is audited by DEVENDRA DAHIYA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEVENDRA DAHIYA & 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 Maxonic India Private Limited
Maxonic India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimish Singhania Also directs: Maxonic Consulting Private Limited | Director | 09 Mar 2005 | 21 Years 7 Months | Current |
| Nitin Khanna | Director | 10 Feb 2005 | 21 Years 8 Months | Current |
| Paduka Prasad Padhy Also directs: Zetavion Private Limited | Director | 21 Feb 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Maxonic India 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 Maxonic India Private Limited
Maxonic India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maxonic India Private Limited
Maxonic India Private Limited has a workforce of 63 employees as of Apr 04, 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 Maxonic India Private Limited
Maxonic India Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Paduka Prasad Padhy ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Maxonic India 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 Maxonic India 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 Maxonic India 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 Maxonic India Private Limited
Maxonic India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM1780A1ZP | Karnataka | Active | 19 Sep 2017 |
| 03AAECM1780A1Z3 | Punjab | Active | 30 Aug 2022 |
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 Maxonic India 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 Maxonic India Private Limited
Maxonic India is an active private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 February 2005 (21+ years old) and is registered under CIN U72200DL2005PTC132857.
Maxonic India reported revenue of ₹10.03 Cr for FY 2025 (down 11% YoY).
Maxonic India has 3 current directors:
- Nimish Singhania - Director
- Nitin Khanna - Director
- Paduka Prasad Padhy - Director
Maxonic India reported a net profit of ₹24.22 Lakh (net margin 2.4%) and EBITDA of ₹52.35 Lakh (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxonic India is 16% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxonic India is 29AAECM1780A1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAECM1780A1Z3 (Punjab).
The CIN (Corporate Identification Number) of Maxonic India is U72200DL2005PTC132857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxonic India was incorporated on 10 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Maxonic India by revenue are Radiansys Technologies Private Limited, Daksh Securitas Private Limited, Avocation Staffing Solutions Private Limited, Sre HR Services Private Limited, Virtual Recruiters Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Paduka Prasad Padhy ceased to be Additional Director on 30 Sep 2017. Shailesh Arora ceased to be Director on 29 Mar 2017. Urvi Shailesh Arora ceased to be Director on 29 Mar 2017. Maxonic India has 6 board changes on record in total.
Maxonic India can be reached through the website maxonic.com. Its registered office is in Delhi, India.