Msource Recruitment Services Private Limited
About Msource Recruitment Services Private Limited
Data last updated:
Msource Recruitment Services Private Limited is a private limited company based in Secunderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 19 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC113502.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bemidigi Sandeep Reddy and Fhasioddin Mahammad.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 2 – 180/2/1 Plot No 118 (Block – A) 5th Floor Suchitra Qutbullapur Mandal, Secunderabad, Telangana, India – 500055.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.23 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹7.65 Lakh (net margin -8%) and EBITDA of -₹7.33 Lakh (EBITDA margin -7.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mpower Jobz.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No 2 – 180/2/1 Plot No 118 (Block – A) 5th Floor Suchitra Qutbullapur Mandal, Secunderabad, Telangana, India – 500055
- 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 Msource Recruitment Services Private Limited
The main business activity of Msource Recruitment Services is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. 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 Msource Recruitment Services Private Limited FY 2025 filings available
Msource Recruitment Services Private Limited reported revenue of ₹95.23 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Msource Recruitment Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 6% fall in the latest year. EBITDA fell 668% 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 Msource Recruitment Services 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 | -₹7.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.65 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 Msource Recruitment Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8% | •••• | •••• | •••• | •••• |
| 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 Msource Recruitment Services are in the company report.
Financial statements from FY 2017
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 Msource Recruitment Services Private Limited
Msource Recruitment Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Recruitment Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vco Consultants and Services Private Limited | ₹95.33 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Chennai, Tamil Nadu, India |
| Blessed IT Solution Private Limited | ₹95.27 Lakh (FY 2024) | •••• | •••• | 2165.0% | •••• | Bangalore, Karnataka, India |
| Bluefox Management India Private Limited | ₹95.27 Lakh (FY 2023) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Win-Win Energy Systems Private Limited | ₹95.25 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Thane, Maharashtra, India |
| JSD Search House Private Limited | ₹95.24 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Msource Recruitment Services Private Limited this company | ₹95.23 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Secunderabad, Telangana, India |
| Sree Vignesh Engineering Private Limited | ₹95.21 Lakh (FY 2020) | •••• | •••• | -61.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Acet Migration Services Private Limited | ₹95.15 Lakh (FY 2024) | •••• | •••• | 285.0% | •••• | Ernakulam, Kerala, India |
| Harry International Private Limited | ₹95.12 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Prem Tradecom Private Limited | ₹95.08 Lakh (FY 2021) | •••• | •••• | -73.0% | •••• | Kolkata, West Bengal, India |
| Kangaroo Security Services Private Limited | ₹95.06 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Msource Recruitment Services by revenue in the Outsourcing industry (HR Outsourcing, Recruitment Services), 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 Msource Recruitment Services Private Limited
Msource Recruitment Services Private Limited is audited by B D P S & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B D P S & 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 Msource Recruitment Services Private Limited
Msource Recruitment Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bemidigi Sandeep Reddy | Director | 19 Dec 2016 | 9 Years 9 Months | Current |
| Fhasioddin Mahammad | Director | 19 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Msource Recruitment Services 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 Msource Recruitment Services Private Limited
Msource Recruitment Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Msource Recruitment Services Private Limited
Msource Recruitment Services operates one associated brand: Mpower Jobz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for job listings and applications. | mpowerjobz.com |
Employees and EPFO Compliance at Msource Recruitment Services Private Limited
Msource Recruitment Services Private Limited has a workforce of 5 employees as of Apr 07, 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 Msource Recruitment Services Private Limited
Msource Recruitment Services Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Jesuraj Choudary Atluri ceased to be Director on 28 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Msource Recruitment Services 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 Msource Recruitment Services 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 Msource Recruitment Services 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 Msource Recruitment Services Private Limited
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 Msource Recruitment Services 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 Msource Recruitment Services Private Limited
Msource Recruitment Services is an active private limited company based in Secunderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 19 December 2016 (10+ years old) and is registered under CIN U74999TG2016PTC113502.
Msource Recruitment Services reported revenue of ₹95.23 Lakh for FY 2024 (down 6% YoY).
Msource Recruitment Services has 2 current directors:
- Bemidigi Sandeep Reddy - Director
- Fhasioddin Mahammad - Director
Msource Recruitment Services reported a net loss of ₹7.65 Lakh (net margin -8%) and EBITDA of -₹7.33 Lakh (EBITDA margin -7.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Msource Recruitment Services is -11% over three years and -16% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Msource Recruitment Services is U74999TG2016PTC113502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Msource Recruitment Services was incorporated on 19 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Msource Recruitment Services by revenue are Vco Consultants and Services Private Limited, Blessed IT Solution Private Limited, Bluefox Management India Private Limited, Win-Win Energy Systems Private Limited, JSD Search House Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Recruitment Services).
Jesuraj Choudary Atluri ceased to be Director on 28 Feb 2021. Praveen Kumar Kommu ceased to be Director on 28 Mar 2017. Bemidigi Sandeep Reddy was appointed as Director on 19 Dec 2016. Msource Recruitment Services has 4 board changes on record in total.
Yes, Msource Recruitment Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Msource Recruitment Services is at Flat No 2 – 18021 Plot No 118 Block – A 5th Floor Suchitra Qutbullapur Mandal, Secunderabad, Telangana, India – 500055.