About Outworks Solutions Private Limited
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Outworks Solutions Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 12 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72200UP2003PTC046783. Its GSTIN is 09AAACO6064D1ZK (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Rajiv Jain and Mansi Jain.
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 H – 195 Sector – 63, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹117.99 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.64 Cr (net margin 3.1%) and EBITDA of ₹5.22 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 23% over five years.
The company has about 1,289 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: OutworX. As per MCA filings, the company has open charges of ₹12.61 Cr and satisfied charges of ₹2 Cr 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 outworkssolutions.com.
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- Website
- Social Media
- Registered AddressH – 195 Sector – 63, Noida, Uttar Pradesh, India – 201301
- 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 Outworks Solutions Private Limited
The main business activity of Outworks Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Outworks Solutions Private Limited FY 2024 filings available
Outworks Solutions Private Limited reported revenue of ₹117.99 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Outworks Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 17% growth in the latest year. EBITDA rose 8% 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 Outworks Solutions 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.64 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Outworks Solutions 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 | 3.1% | •••• | •••• | •••• | •••• |
| 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 Outworks Solutions 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 Outworks Solutions Private Limited
Outworks Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, IT Consulting and 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 |
|---|---|---|---|---|---|---|
| First Object Private Limited | ₹118.86 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Hackett Group (India) Private Limited | ₹118.84 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Gretis India Private Limited | ₹118.56 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Panchkula, Haryana, India |
| Controlcase International Private Limited | ₹118.54 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Fact Software Private Limited | ₹118.44 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Outworks Solutions Private Limited this company | ₹117.99 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Noida, Uttar Pradesh, India |
| Mccormick Foods India Private Limited | ₹117.97 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| Concept Information Technologies (India) Private Limited | ₹117.93 Cr (FY 2025) | •••• | •••• | 163.0% | •••• | Pune, Maharashtra, India |
| Dexian India Services Private Limited | ₹117.7 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Airan Limited Listed | ₹117.63 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Geniehr Solutions Private Limited | ₹117.57 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Outworks Solutions by revenue in the Outsourcing industry (HR Outsourcing, IT Consulting and 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 Outworks Solutions Private Limited
Outworks Solutions Private Limited is audited by PURUSHOTTAM JAIN ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PURUSHOTTAM JAIN 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 Outworks Solutions Private Limited
Outworks Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Jain | Director | 12 Aug 2003 | 23 Years 1 Months | Current |
| Mansi Jain | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Sorabh Jain | Director | 18 Sep 2023 | 3 Years 0 Months | Current |
| Sushila Jain | Director | 29 Jun 2007 | 19 Years 3 Months | Current |
Ownership and Shareholding of Outworks Solutions 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 Outworks Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | Axis Bank Limited | ₹10.46 Cr | Open |
| 27 Dec 2017 | Axis Bank Limited | ₹2.15 Cr | Open |
| 11 Apr 2008 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Outworks Solutions Private Limited
Outworks Solutions operates one associated brand: OutworX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web and mobile app development, quality assurance, e-commerce, and HR outsourcing services. | outworx.com |
Employees and EPFO Compliance at Outworks Solutions Private Limited
Outworks Solutions Private Limited has a workforce of 1,289 employees as of Apr 08, 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.
CIN History of Outworks Solutions Private Limited
Outworks Solutions has one previous CIN (Corporate Identification Number): U72200PB2003PTC026281. The current CIN is U72200UP2003PTC046783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200UP2003PTC046783 | Current |
| U72200PB2003PTC026281 | Previous |
Recent Activity on Outworks Solutions Private Limited
Outworks Solutions Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Sorabh Jain ceased to be Additional Director on 29 Sep 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Outworks Solutions 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 Outworks Solutions 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 Outworks Solutions 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 Outworks Solutions Private Limited
Outworks Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACO6064D1ZK | Uttar Pradesh | 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 Outworks Solutions 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 Outworks Solutions Private Limited
Outworks Solutions is an active private limited company based in Noida, Uttar Pradesh, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 12 August 2003 (23+ years old) and is registered under CIN U72200UP2003PTC046783.
Outworks Solutions reported revenue of ₹117.99 Cr for FY 2025 (up 17% YoY).
Outworks Solutions has 4 current directors:
- Rajiv Jain - Director
- Mansi Jain - Director
- Sorabh Jain - Director
- Sushila Jain - Director
Outworks Solutions reported a net profit of ₹3.64 Cr (net margin 3.1%) and EBITDA of ₹5.22 Cr (EBITDA margin 4.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Outworks Solutions is 18% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Outworks Solutions is 09AAACO6064D1ZK, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Outworks Solutions is U72200UP2003PTC046783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Outworks Solutions was incorporated on 12 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Outworks Solutions by revenue are First Object Private Limited, Hackett Group (India) Private Limited, Gretis India Private Limited, Controlcase International Private Limited, Fact Software Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, IT Consulting and Services).
Sorabh Jain ceased to be Additional Director on 29 Sep 2023. Sorabh Jain was appointed as Director on 18 Sep 2023. Mansi Jain ceased to be Additional Director on 31 Dec 2020. Outworks Solutions has 8 board changes on record in total.
Outworks Solutions can be reached through the website outworkssolutions.com. Its registered office is in Noida, Uttar Pradesh, India.