About Novel Facility Services Private Limited
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Novel Facility Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 22 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105758. Its GSTIN is 29AAFCN7509R1ZL (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Malavika Nambiar and Maya Madhu.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.55 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹26.2 Lakh (net margin 1.2%) and EBITDA of ₹94.47 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 73% over five years.
The company has about 744 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.44 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novelgroup.co.in.
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- Website
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- Registered Address2nd Floor No. 841 11th B Main, 5th Cross 4th Block Koramangala, Bangalore, Karnataka, India – 560034
- 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 Novel Facility Services Private Limited
The main business activity of Novel Facility Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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 Novel Facility Services Private Limited FY 2025 filings available
Novel Facility Services Private Limited reported revenue of ₹21.55 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Novel Facility Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 18% growth in the latest year. EBITDA rose 96% 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 Novel Facility Services 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 | ₹94.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.2 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 Novel Facility Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Novel Facility Services are in the company report.
Financial statements from FY 2018
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 Novel Facility Services Private Limited
Novel Facility Services 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 |
|---|---|---|---|---|---|---|
| Mes Manpower Operations Private Limited | ₹21.74 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Secure Solutions Private Limited | ₹21.72 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | New Delhi, Delhi, India |
| Pipavav Technical Services Private Limited | ₹21.65 Cr (FY 2019) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Krysalis Consultancy Services Private Limited | ₹21.65 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Uprise Staff Solutions Private Limited | ₹21.55 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Salcete, Goa, India |
| Novel Facility Services Private Limited this company | ₹21.55 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Ixora Corporate Services Private Limited | ₹21.55 Cr (FY 2023) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Acesoft Labs (India) Private Limited | ₹21.5 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Karnataka, India |
| Globalxperts Networks Private Limited | ₹21.5 Cr (FY 2025) | •••• | •••• | 163.0% | •••• | New Delhi, Delhi, India |
| Starax Business Private Limited | ₹21.47 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Durg, Chhattisgarh, India |
| Impressive Data Services Private Limited | ₹21.43 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Novel Facility Services 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 Novel Facility Services Private Limited
Novel Facility Services Private Limited is audited by Subray Hegde & Associates. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Subray Hegde & 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 Novel Facility Services Private Limited
Novel Facility Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malavika Nambiar Also directs: Nambiar Facility Management Private Limited | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Maya Madhu | Director | 22 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Novel Facility 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 Novel Facility Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2025 | Hdfc Bank Limited | ₹13.44 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Novel Facility Services Private Limited
Employment history and EPFO contributions of people linked to Novel Facility Services.
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 Novel Facility Services Private Limited
Novel Facility Services Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Ashok ceased to be Additional Director on 25 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Novel Facility 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 Novel Facility 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 Novel Facility 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 Novel Facility Services Private Limited
Novel Facility Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN7509R1ZL | Karnataka | Active | 06 Jun 2018 |
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 Novel Facility 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 Novel Facility Services Private Limited
Novel Facility Services is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 22 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105758.
Novel Facility Services reported revenue of ₹21.55 Cr for FY 2025 (up 18% YoY).
Novel Facility Services has 2 current directors:
- Malavika Nambiar - Director
- Maya Madhu - Director
Novel Facility Services reported a net profit of ₹26.2 Lakh (net margin 1.2%) and EBITDA of ₹94.47 Lakh (EBITDA margin 4.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novel Facility Services is 69% over three years and 73% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novel Facility Services is 29AAFCN7509R1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Novel Facility Services is U74999KA2017PTC105758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Facility Services was incorporated on 22 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Novel Facility Services by revenue are Mes Manpower Operations Private Limited, Secure Solutions Private Limited, Pipavav Technical Services Private Limited, Krysalis Consultancy Services Private Limited, Uprise Staff Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Ashok ceased to be Additional Director on 25 Jul 2024. Malavika Nambiar ceased to be Additional Director on 29 Sep 2023. Malavika Nambiar was appointed as Director on 31 Mar 2023. Novel Facility Services has 6 board changes on record in total.
Novel Facility Services can be reached through the website novelgroup.co.in. Its registered office is in Bangalore, Karnataka, India.