About Multicare Services (India) Private Limited
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Multicare Services (India) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2002PTC135030. Its GSTIN is 27AACCM8377K1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Navneetkaur Prithipal Singh Chahal (Whole-Time Director) and Prithipal Singh Kuldeep Singh Chahal (Whole-Time Director).
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 Office No. 913 B – Wing Lodha Supermus II Road No. 22 Wagle Estate Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.81 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹76.99 Lakh (net margin 0.9%) and EBITDA of ₹2.7 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The company has about 1,336 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.8 Cr and satisfied charges of ₹27.12 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 3 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in August 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multicareservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 913 B – Wing Lodha Supermus II Road No. 22 Wagle Estate Thane West, Maharashtra, India – 400604
- 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 Multicare Services (India) Private Limited
The main business activity of Multicare Services (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 Multicare Services (India) Private Limited FY 2024 filings available
Multicare Services (India) Private Limited reported revenue of ₹83.81 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multicare Services (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 24% growth in the latest year. EBITDA rose 88% 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 Multicare Services (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 | ₹2.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76.99 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 Multicare Services (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Multicare Services (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.
Auditor Details of Multicare Services (India) Private Limited
Multicare Services (India) Private Limited is audited by A R JADHAV & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R JADHAV & 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 Multicare Services (India) Private Limited
Multicare Services (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 |
|---|---|---|---|---|
| Navneetkaur Prithipal Singh Chahal | Whole-Time Director | 21 Dec 2012 | 13 Years 9 Months | Current |
| Prithipal Singh Kuldeep Singh Chahal | Whole-Time Director | 23 Mar 2020 | 6 Years 6 Months | Current |
| Harpreet Singh Rajinder Singh Sangha | Director | 27 Feb 2002 | 24 Years 7 Months | Current |
Ownership and Shareholding of Multicare Services (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 Multicare Services (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2025 | Others | ₹3.39 Cr | Open |
| 09 Dec 2024 | Others | ₹10.41 Cr | Open |
| 02 Jan 2023 | Yes Bank Limited | ₹9.01 Cr | Satisfied |
| 07 Aug 2020 | Others | ₹1 Cr | Satisfied |
| 29 Mar 2019 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Multicare Services (India) Private Limited
Multicare Services (India) Private Limited has 4 deals on record (4 secondary share transfers); the latest was in August 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Multicare Services (India) Private Limited
Multicare Services (India) Private Limited has 10 court cases on record: 6 filed by Multicare Services (India), 4 filed against it. 3 cases are pending and 7 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revision Application ULP) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed by the company against an individual | Disposed |
Full case history
All 10 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 Multicare Services (India) Private Limited
Multicare Services (India) Private Limited has a workforce of 1,336 employees as of Apr 02, 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 Multicare Services (India) Private Limited
Director changes at Multicare Services (India) Private Limited
Multicare Services (India) Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Navneetkaur Prithipal Singh Chahal ceased to be Director on 23 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Multicare Services (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 Multicare Services (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 Multicare Services (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 Multicare Services (India) Private Limited
Multicare Services (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM8377K1ZV | Maharashtra | 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 Multicare Services (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 Multicare Services (India) Private Limited
Multicare Services (India) is an active private limited company based in Thane, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 February 2002 (24+ years old) and is registered under CIN U74210MH2002PTC135030.
Multicare Services (India) reported revenue of ₹83.81 Cr for FY 2025 (up 24% YoY).
Multicare Services (India) has 3 current directors:
- Navneetkaur Prithipal Singh Chahal - Whole-Time Director
- Prithipal Singh Kuldeep Singh Chahal - Whole-Time Director
- Harpreet Singh Rajinder Singh Sangha - Director
Multicare Services (India) reported a net profit of ₹76.99 Lakh (net margin 0.9%) and EBITDA of ₹2.7 Cr (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multicare Services (India) is 12% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multicare Services (India) is 27AACCM8377K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multicare Services (India) is U74210MH2002PTC135030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multicare Services (India) has 10 court cases on record: 6 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Multicare Services (India) was incorporated on 27 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Multicare Services (India) has 4 deals on record (4 secondary share transfers); the latest was in August 2022.