People Plus (India) Private Limited

People Plus (India) Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74910MH2004PTC149945 Incorporated 10 December 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹40.4 Lakh
▲ 53% YoY
Net profit · FY 2025
₹21.13 Lakh
Net margin 52.3%
EBITDA · FY 2025
₹27.51 Lakh
EBITDA margin 68.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹35 Lakh
No open charges
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings

About People Plus (India) Private Limited

Data last updated:

People Plus (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 December 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2004PTC149945. Its GSTIN is 27AADCP4339H1ZC (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alex Emmanuel and Nikhil John Kandankerry.

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 P – 2/1 Rustomjee Aspiree Off Eastern Express Highway Sion [East], Mumbai, Maharashtra, India – 400022.

As per the financials filed for FY 2025, the company reported a revenue of ₹40.4 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹21.13 Lakh (net margin 52.3%) and EBITDA of ₹27.51 Lakh (EBITDA margin 68.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 9% over five years.

As per MCA filings, the company has satisfied charges of ₹35 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74910MH2004PTC149945
Registration Number 149945
Incorporation Date 10 December 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

People Plus (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    P – 2/1 Rustomjee Aspiree Off Eastern Express Highway Sion [East], Mumbai, Maharashtra, India – 400022
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of People Plus (India) Private Limited, buy the company report.

Comprehensive company report
People Plus (India) Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of People Plus (India) is administrative and support service activities. In detail, this covers employment activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities78Employment activities

To see the full business activity and turnover split of People Plus (India) Private Limited, buy the company report.

Financials of People Plus (India) Private Limited

FY 2025 filings available

People Plus (India) Private Limited reported revenue of ₹40.4 Lakh (up 53% YoY) for FY 2025.

Revenue · FY 2025
₹40.4 Lakh ▲ 53%
Net profit · FY 2025
₹21.13 Lakh margin 52.3%
EBITDA · FY 2025
₹27.51 Lakh margin 68.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 24%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 46%
5 years · compounded
▲ 50%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 53% growth in the latest year. EBITDA rose 54% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹27.51 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.13 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin68.1%
Net Profit Margin52.3%
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 Plus (India) Private Limited, buy the company report.

Board of directors of People Plus (India) Private Limited

People Plus (India) has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Alex EmmanuelDirector30 Nov 20214 Years 10 MonthsCurrent
Nikhil John KandankerryDirector24 May 20179 Years 5 MonthsCurrent

Auditor

People Plus (India) Private Limited is audited by HEMAL PARIKH & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
HEMAL PARIKH & COFY 2019133155W

Shareholding

The shareholding of People Plus (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of People Plus (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Citizencredit Co-Operative Bank Ltd.-Mahim Branch₹0.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Aug 200910172924Citizencredit Co-Operative Bank Ltd.-Mahim Branch₹35 LakhSatisfied

To see the full charge records of People Plus (India) Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for People Plus (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

People Plus (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCP4339H1ZCMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of People Plus (India) Private Limited, buy the company report.

Recent activity

People Plus (India) Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Tanvi Ajit Matondkar ceased to be Director on 14 Feb 2022.

AGM
People Plus (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
People Plus (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Tanvi Ajit Matondkar ceased to be Director.
Appointed
Alex Emmanuel was appointed as Director.
Ceased
Alex Emmanuel ceased to be Director.
Ceased
Pallavi Achutha Wagle ceased to be Director.
Appointed
Nikhil John Kandankerry was appointed as Director.
Charges
A charge registered on 17 Aug 2009 via Charge ID 10172924 with Citizencredit Co-Operative Bank Ltd.-Mahim Branch was fully satisfied on 07 May 2016.
Ceased
Leelamma Rebello ceased to be Director.
Ceased
John Thomas Kandankerry ceased to be Director.
Charges
A charge with Citizencredit Co-Operative Bank Ltd.-Mahim Branch amounted to Rs. 35.00 Lakh with Charge ID 10172924 was registered on 17 Aug 2009.
Ceased
Mrudula Deepak Tikekar ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

People Plus (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 December 2004 (22+ years old) and is registered under CIN U74910MH2004PTC149945.

People Plus (India) has 2 current directors:

The latest financial statements of People Plus (India) 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 People Plus (India) is 27AADCP4339H1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of People Plus (India) is U74910MH2004PTC149945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

People Plus (India) was incorporated on 10 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Tanvi Ajit Matondkar ceased to be Director on 14 Feb 2022. Alex Emmanuel was appointed as Director on 30 Nov 2021. Alex Emmanuel ceased to be Director on 05 Apr 2019. People Plus (India) has 8 board changes on record in total.

The registered office of People Plus (India) is at P – 21 Rustomjee Aspiree Off Eastern Express Highway Sion East, Mumbai, Maharashtra, India – 400022.

People Plus (India) operates in the business outsourcing industry, in the HR outsourcing and talent management segment.

People Plus (India) has no open charges and satisfied charges of ₹35 Lakh as per latest MCA filings.