Pathare Associates Private Limited
About Pathare Associates Private Limited
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Pathare Associates Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 08 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2013PTC149386. Its GSTIN is 27AAHCP4401E1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kailas Dattatray Pathare and Prakash Shrihari Pathare.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at S No 5/2/3 Ap Zensar Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.52 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Lakh (net margin 0.5%) and EBITDA of ₹15.61 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 1,722 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pathare Associates Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No 5/2/3 Ap Zensar Kharadi, Pune, Maharashtra, India – 411014
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Pathare Associates Private Limited, buy the company report.
- 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
Business activity
The main business activity of Pathare Associates is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Pathare Associates Private Limited, buy the company report.
Financials of Pathare Associates Private Limited
FY 2021 filings availablePathare Associates Private Limited reported revenue of ₹25.52 Cr (down 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 72% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹15.61 Lakh | ||||
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| Net Profit (PAT) | ₹11.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Pathare Associates Private Limited, buy the company report.
Board of directors of Pathare Associates Private Limited
Pathare Associates has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailas Dattatray Pathare | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
| Prakash Shrihari Pathare | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
| Ravindra Bapusaheb Pathare | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Pathare Associates Private Limited is audited by SHRADDHA KSHIRSAGAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRADDHA KSHIRSAGAR & CO | FY 2019 | 142317W |
Shareholding
The shareholding of Pathare Associates Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pathare Associates Private Limited, buy the company report.
Legal cases
Pathare Associates Private Limited has 6 court cases on record: 1 filed by Pathare Associates, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against Regional Provident Fund Commissioner I Epfo | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company | Disposed |
To see the full case history of Pathare Associates Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pathare Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pathare Associates Private Limited has a workforce of 1,722 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Pathare Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP4401E1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pathare Associates Private Limited, buy the company report.
Recent activity
Pathare Associates Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Kailas Dattatray Pathare was appointed as Director on 08 Nov 2013.
Frequently asked questions
Pathare Associates 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 08 November 2013 (13+ years old) and is registered under CIN U74999PN2013PTC149386.
Pathare Associates has 3 current directors:
- Kailas Dattatray Pathare - Director
- Prakash Shrihari Pathare - Director
- Ravindra Bapusaheb Pathare - Director
The latest financial statements of Pathare Associates on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Pathare Associates is 27AAHCP4401E1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pathare Associates is U74999PN2013PTC149386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pathare Associates has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Pathare Associates was incorporated on 08 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Kailas Dattatray Pathare was appointed as Director on 08 Nov 2013. Prakash Shrihari Pathare was appointed as Director on 08 Nov 2013. Ravindra Bapusaheb Pathare was appointed as Director on 08 Nov 2013.
The registered office of Pathare Associates is at S No 523 Ap Zensar Kharadi, Pune, Maharashtra, India – 411014.
Pathare Associates operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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