About Peel-Works Private Limited
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Peel-Works Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC207510. Its GSTIN is 27AAFCP6513K1CI (Maharashtra). The company holds 12 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹14.97 Lakh and a paid-up capital of ₹11.13 Lakh. It was formerly known as Peel-Works Outsourcing Private Limited. It is led by directors Kamalkishore Purshotamdas Hada and Ritesh Kamalkishore Hada.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.3 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹2.23 Cr (net margin -9.2%) and EBITDA of ₹60.45 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 18% over five years.
The company has about 353 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Peel-Works. As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹6.25 Cr on record. Court records list 25 cases involving the company, including 1 filed by the company and 24 filed against it; 11 cases are pending. The company has 18 deals on record (11 funding rounds, 3 debt financings, 2 convertible or debt financings), with disclosed funding of ₹124.05 Cr; the latest was in May 2024. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 69 overdue payments to 19 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website peel-works.com.
Company details
Contact details
Peel-Works Private Limited's registered office is in Mumbai, Maharashtra. Its website is peel-works.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st & 2nd Floor Kagalwala House Plot No. 175 Cst Road Kalina Bandra Kurla Santacru, Z East, Mumbai, Maharashtra, India – 400098
- IndustryInformation Technology, Software Development & Support Services, SaaS (Software as a Service) Providers
To see the full contact details of Peel-Works 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
Brands
Peel-Works operates one associated brand: Peel-Works. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of CRM software for grocery retailers | peel-works.com |
Business activity
The main business activity of Peel-Works is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Peel-Works Private Limited, buy the company report.
Financials of Peel-Works Private Limited
FY 2025 filings availablePeel-Works Private Limited reported revenue of ₹24.3 Cr (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 67% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹24.3 Cr | ||||
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| EBITDA | ₹60.45 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.23 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | -9.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Peel-Works Private Limited, buy the company report.
Board of directors of Peel-Works Private Limited
Peel-Works has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalkishore Purshotamdas Hada | Director | 21 Aug 2026 | 0 Years 2 Months | Current |
| Ritesh Kamalkishore Hada Also directs: United Polyfab Private Limited, United Eduplus Private Limited, Karnavati Knowledge Foundation and 5 more | Director | 21 Aug 2026 | 0 Years 2 Months | Current |
Auditor
Peel-Works Private Limited is audited by Ashish Koppa for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashish Koppa | FY 2022 |
Shareholding
The shareholding of Peel-Works Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Peel-Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2020 | 100401778 | Others | ₹3 Cr | Open | |
| 17 Jul 2019 | 100292472 | Others | ₹5 Cr | Open | |
| 25 Jun 2018 | 100193063 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 21 Oct 2020 | 100389205 | Others | ₹5 Cr | Satisfied | |
| 16 Jul 2020 | 100357061 | Others | ₹75 Lakh | Satisfied |
To see the full charge records of Peel-Works Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Peel-Works Private Limited has 18 deals on record (11 funding rounds, 3 debt financings, 2 convertible or debt financings), with disclosed funding of ₹124.05 Cr; the latest was in May 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Debt financing | ₹1 Cr | Investors: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2020 | Debt financing | ₹5 Cr | Investors: Blacksoil Group |
| Jul 2019 | Debt financing | ₹5 Cr | Investors: Trifecta Capital |
| Jul 2014 | Funding round · Series B | ₹12 Cr | Investors: Athera Venture Partners (Inventus India), Chiratae Ventures (IDG) |
To see the full deal history of Peel-Works Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Peel-Works Private Limited has 25 court cases on record: 1 filed by Peel-Works, 24 filed against it. 11 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 21 | 11 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Purple Petal Invest Private Limited | Pending |
| District court, Kancheepuram, Tamil Nadu | Court case (COS) | Filed against the company by Ych Logistics India Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Genius Consultants Ltd. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Ensetu Solutions Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Bayleaf HR Solutions Private Limited Through Jaynarayan Chotelal Tiwari | Pending |
To see the full case history of Peel-Works 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.
Credit ratings & regulatory alerts
Peel-Works Private Limited was last rated by Icra on 12 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 Mar 2021 |
To see the full credit ratings and regulatory alerts of Peel-Works Private Limited, buy the company report.
MSME payment delays
Peel-Works Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 69 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Codilar Technologies Private Limited | |||
| Riveron India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Peel-Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Peel-Works Private Limited has a workforce of 353 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Peel-Works has 12 GST registrations: 10 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP6513K1CI | Maharashtra | Active | 19 Sep 2019 |
| 06AAFCP6513K1ZB | Haryana | Active | 03 Oct 2017 |
| 29AAFCP6513K1Z3 | Karnataka | Active | 24 Jan 2019 |
| 07AAFCP6513K1CK | Delhi | Active | 17 Aug 2019 |
To see the full GST registrations and return filing status of Peel-Works Private Limited, buy the company report.
Recent activity
Peel-Works Private Limited has 11 board changes on record since 2019: 2 appointments and 9 cessations. The latest: Kamalkishore Purshotamdas Hada was appointed as Director on 21 Aug 2026.
11 earlier events are in the company report.
News
Frequently asked questions
Peel-Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 September 2010 (16+ years old) and is registered under CIN U74990MH2010PTC207510.
Peel-Works has 2 current directors:
- Kamalkishore Purshotamdas Hada - Director
- Ritesh Kamalkishore Hada - Director
The latest financial statements of Peel-Works on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Peel-Works is 27AAFCP6513K1CI, registered in Maharashtra. The company has 12 GST registrations in all, of which 10 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAFCP6513K1ZB (Haryana), 29AAFCP6513K1Z3 (Karnataka), 07AAFCP6513K1CK (Delhi).
The CIN (Corporate Identification Number) of Peel-Works is U74990MH2010PTC207510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Peel-Works has 25 court cases on record: 1 filed by the company and 24 filed against it. 11 are pending. Most are in the district courts.
Peel-Works was incorporated on 08 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Peel-Works has 18 deals on record (11 funding rounds, 3 debt financings, 2 convertible or debt financings), with disclosed funding of ₹124.05 Cr; the latest was in May 2024.
Kamalkishore Purshotamdas Hada was appointed as Director on 21 Aug 2026. Ritesh Kamalkishore Hada was appointed as Director on 21 Aug 2026. Sunil Kumar Agarwal ceased to be Irp/Rp/Liquidator on 25 Sep 2025. Peel-Works has 11 board changes on record in total.
Peel-Works has 6 MSME Form 1 returns on record between 2019 and 2022, listing 69 overdue payments to 19 micro and small suppliers. The latest return was filed on 09 May 2022.
Peel-Works can be reached through the website peel-works.com. Its registered office is in Mumbai, Maharashtra, India.