About People Equation Private Limited
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People Equation 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 25 July 2023.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U78300PN2023PTC222598.
The company has an authorised share capital of ₹2.3 Lakh and a paid-up capital of ₹2.22 Lakh. It is led by directors including Alok Kumar Mukhopadhyay and Anupal Banerjee.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹15.97 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹95.27 Lakh (net margin 6%) and EBITDA of ₹1.32 Cr (EBITDA margin 8.2%).
The company is associated with 1 brand: People Equation.
For more details, the company can be reached via its website peopleequation.io.
Company details
Contact details
People Equation Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressOffice 1302 Sr. No. 23P, Nandan Probiz Balewadi, Pune, Maharashtra, India – 411045
- 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
Brands
People Equation operates one associated brand: People Equation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HR advisory, talent transformation, and GCC setup services for organizations. | peopleequation.io |
Business activity
The main business activity of People Equation is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of People Equation Private Limited, buy the company report.
Financials of People Equation Private Limited
FY 2026 filings availablePeople Equation Private Limited reported revenue of ₹15.97 Cr (up 75% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 75% in the latest year. EBITDA rose 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹15.97 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.32 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹95.27 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.2% | ||
| Net Profit Margin | 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 | |||
To see the full financial statements and ratios of People Equation Private Limited, buy the company report.
Board of directors of People Equation Private Limited
People Equation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kumar Mukhopadhyay | Director | 25 Jul 2023 | 3 Years 3 Months | Current |
| Anupal Banerjee | Director | 25 Jul 2023 | 3 Years 3 Months | Current |
| Nikhil Kumar | Director | 22 Jan 2025 | 1 Years 9 Months | Current |
Auditor
People Equation Private Limited is audited by MRK & Comapny for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRK & Comapny | FY 2026 | 142255W |
Shareholding
The shareholding of People Equation Private Limited is on record for 3 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of People Equation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving People Equation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for People Equation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for People Equation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
People Equation Private Limited has 4 board changes on record since 2023: 3 appointments and 1 cessation. The latest: Nikhil Kumar ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
People Equation 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 25 July 2023 (3+ years old) and is registered under CIN U78300PN2023PTC222598.
People Equation has 3 current directors:
- Alok Kumar Mukhopadhyay - Director
- Anupal Banerjee - Director
- Nikhil Kumar - Director
The latest financial statements of People Equation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of People Equation is U78300PN2023PTC222598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
People Equation was incorporated on 25 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Pune.
Nikhil Kumar ceased to be Additional Director on 29 Sep 2025. Nikhil Kumar was appointed as Director on 22 Jan 2025. Alok Kumar Mukhopadhyay was appointed as Director on 25 Jul 2023. People Equation has 4 board changes on record in total.
People Equation can be reached through the website peopleequation.io. Its registered office is in Pune, Maharashtra, India.
The registered office of People Equation is at Office 1302 Sr. No. 23P, Nandan Probiz Balewadi, Pune, Maharashtra, India – 411045.
People Equation operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
People Equation has 1 associated brand: People Equation.
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