Paramtech Engineering Services Private Limited

Paramtech Engineering Services Private Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900PN2014PTC151120 Incorporated 21 March 2014 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹25.75 Cr
▲ 31% YoY
Net profit · FY 2024
₹1.45 Cr
Net margin 5.6%
EBITDA · FY 2024
₹2.69 Cr
EBITDA margin 10.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
558
Provident fund records

About Paramtech Engineering Services Private Limited

Data last updated:

Paramtech Engineering Services Private Limited is a private limited company based in Pune, Maharashtra, 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 21 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC151120. Its GSTIN is 27AAHCP6576C1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Paramjeetsingh Narindersingh Bhatia and Ranveer Singh Paramjeet Singh Bhatia.

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 Pune, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹25.75 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Cr (net margin 5.6%) and EBITDA of ₹2.69 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 7% over five years.

The company has about 558 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ParamTechnologies. As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramtechnologies.in.

Company Details of Paramtech Engineering Services Private Limited
CIN U74900PN2014PTC151120
Registration Number 151120
Incorporation Date 21 March 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Spot – 18 Office No.717 7th Floor Commercial Complex Pimple Saudagar Raha, Tani, Pune, Maharashtra, India – 411017
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
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Financials, compliance, directors, charges, ownership and filings for Paramtech Engineering Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Paramtech Engineering Services Private Limited

The main business activity of Paramtech Engineering Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Paramtech Engineering Services Private Limited FY 2024 filings available

Paramtech Engineering Services Private Limited reported revenue of ₹25.75 Cr (up 31% YoY) for FY 2024.

Revenue · FY 2024
₹25.75 Cr ▲ 31%
Net profit · FY 2024
₹1.45 Cr margin 5.6%
EBITDA · FY 2024
₹2.69 Cr margin 10.5%

Compounded Annual Growth Rate (CAGR) of Paramtech Engineering Services Private Limited

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 29%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 120%
3 years · compounded
▲ 8%
5 years · compounded
▲ 38%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 31% growth in the latest year. EBITDA rose 120% 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 Paramtech Engineering Services Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.69 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.45 Cr••••••••••••••••
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 Paramtech Engineering Services Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.5%••••••••••••••••
Net Profit Margin5.6%••••••••••••••••
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 Paramtech Engineering Services are in the company report.

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Financial statements from 2015

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Peer Comparison of Paramtech Engineering Services Private Limited

Paramtech Engineering Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design, HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jxin Design and Engineering Private Limited••••••••••••••••-Dadri, Uttar Pradesh, India
Bhaarti HR Solutions Private Limited••••••••••••••••-Gurgaon, Haryana, India
Indusion Consulting Services Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Polycab Support Force Private Limited••••••••••••••••712Halol, Gujarat, India
Version Systems Private Limited••••••••••••••••22Navi Mumbai, Maharashtra, India
Paramtech Engineering Services Private Limited this company••••••••••••••••-Pune, Maharashtra, India
Newage Product Designs Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Humanix Logistics Private Limited••••••••••••••••-Kochi, Kerala, India
Kamadhenu Outsourcing Private Limited••••••••••••••••-Anantapur, Andhra Pradesh, India
Ashokkumar Projects India Private Limited••••••••••••••••-Porbandar, Gujarat, India
Asm Alliance Management Services (India) Private Limited••••••••••••••••-Thane, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Paramtech Engineering Services by revenue in the Engineering industry (Engineering Design, HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Paramtech Engineering Services Private Limited

Paramtech Engineering Services Private Limited is audited by CHOUGHULE RANADE & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
CHOUGHULE RANADE & ASSOCIATESLockedLockedLocked
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Board of Directors of Paramtech Engineering Services Private Limited

Paramtech Engineering Services has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Paramjeetsingh Narindersingh BhatiaDirector21 Mar 201412 Years 6 MonthsCurrent
Ranveer Singh Paramjeet Singh BhatiaDirector21 Mar 201412 Years 6 MonthsCurrent
Vivek DwivediAdditional Director23 Oct 20250 Years 11 MonthsCurrent

Ownership and Shareholding of Paramtech Engineering Services Private Limited

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Charges & Borrowings of Paramtech Engineering Services Private Limited

Open charges
₹6 Cr
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹6.00 Cr
Latest charge details
DateLenderAmountStatus
20 Mar 2015Yes Bank Limited₹6 CrOpen

Total charge records: 1 View all charges

Associated Brands with Paramtech Engineering Services Private Limited

Paramtech Engineering Services operates one associated brand: ParamTechnologies. Each brand links to its own profile.

BrandDescriptionWebsite
Provides HR consulting services for policy design, compliance, and talent management.paramtechnologies.in

Employees and EPFO Compliance at Paramtech Engineering Services Private Limited

Paramtech Engineering Services Private Limited has a workforce of 558 employees as of Apr 07, 2024.

Employee count
558
Active EPFO establishments
1
Employee growth
16.01%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Paramtech Engineering Services Private Limited

Paramtech Engineering Services Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Vivek Dwivedi was appointed as Additional Director on 23 Oct 2025.

Appointed
Vivek Dwivedi was appointed as Additional Director.
AGM
Paramtech Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Paramtech Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Yes Bank Limited of Rs. 600.00 Lakh registered on 20 Mar 2015 with Charge ID 10576996 was modified on 27 Jan 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 600.00 Lakh with Charge ID 10576996 was registered on 20 Mar 2015.
Appointed
Paramjeetsingh Narindersingh Bhatia was appointed as Director.
Appointed
Ranveer Singh Paramjeet Singh Bhatia was appointed as Director.
Incorporation
21 Mar 2014
Paramtech Engineering Services Private Limited was registered on 21 Mar 2014 with Roc Pune & aged 12 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Paramtech Engineering Services Private Limited

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MSME Payment Delays by Paramtech Engineering Services Private Limited

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Subsidiaries & Group Companies of Paramtech Engineering Services Private Limited

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GST Compliance of Paramtech Engineering Services Private Limited

Paramtech Engineering Services has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAHCP6576C1Z7MaharashtraActive01 Jul 2017
27AAJCP6246R1ZJMaharashtraActive27 Mar 2018
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MCA Filings & Documents of Paramtech Engineering Services Private Limited

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Frequently Asked Questions about Paramtech Engineering Services Private Limited

Paramtech Engineering Services is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 21 March 2014 (12+ years old) and is registered under CIN U74900PN2014PTC151120.

Paramtech Engineering Services reported revenue of ₹25.75 Cr for FY 2024 (up 31% YoY).

Paramtech Engineering Services has 3 current directors:

Paramtech Engineering Services reported a net profit of ₹1.45 Cr (net margin 5.6%) and EBITDA of ₹2.69 Cr (EBITDA margin 10.5%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Paramtech Engineering Services is 29% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Paramtech Engineering Services is 27AAHCP6576C1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAJCP6246R1ZJ (Maharashtra).

The CIN (Corporate Identification Number) of Paramtech Engineering Services is U74900PN2014PTC151120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paramtech Engineering Services has 2 court cases on record: 2 filed against it. 1 is pending.

Paramtech Engineering Services was incorporated on 21 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Paramtech Engineering Services by revenue are Jxin Design and Engineering Private Limited, Bhaarti HR Solutions Private Limited, Indusion Consulting Services Private Limited, Polycab Support Force Private Limited, Version Systems Private Limited and 5 more, all in the Engineering industry (Engineering Design, HR Outsourcing).

Vivek Dwivedi was appointed as Additional Director on 23 Oct 2025. Paramjeetsingh Narindersingh Bhatia was appointed as Director on 21 Mar 2014. Ranveer Singh Paramjeet Singh Bhatia was appointed as Director on 21 Mar 2014.

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