MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0003014
Pivot Multifar Industrial Services Limited - business outsourcing in Faridabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.86 Cr
▲ 8% YoY
Net profit · FY 2024
₹2.24 Cr
Net margin 3.7%
EBITDA · FY 2024
₹3.26 Cr
EBITDA margin 5.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
27 yrs
Est. 1999
Employees · EPFO
2,440
Provident fund records
About Pivot Multifar Industrial Services Limited
Data last updated:
Pivot Multifar Industrial Services Limited is a public limited company based in Faridabad, Haryana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74920HR1999PLC034226. Its GSTIN is 06AABCP7109H1ZK (Haryana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Pivot Multifar Industrial Services Private Limited. It is led by directors including Samar Sharma Batra and Pradeep Sharma.
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 Avenue 101 2nd Floor Railway Road NH – 5, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.86 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 3.7%) and EBITDA of ₹3.26 Cr (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 2,440 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Pivot Multifar Industrial Services Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0003014). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pivotmultifar.com.
Company details
CIN U74920HR1999PLC034226
Registration Number 034226
Incorporation Date 28 April 1999
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0003014
Recognitions & Rankings of Pivot Multifar Industrial Services
Contact details
Pivot Multifar Industrial Services Limited's registered office is in Faridabad, Haryana. Its website is pivotmultifar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAvenue 101 2nd Floor Railway Road NH – 5, Faridabad, Haryana, India – 121001
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Pivot Multifar Industrial Services Limited, buy the company report.
Comprehensive company report
Pivot Multifar Industrial Services 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 Pivot Multifar Industrial Services 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 Pivot Multifar Industrial Services Limited, buy the company report.
Financials of Pivot Multifar Industrial Services Limited
FY 2024 filings availablePivot Multifar Industrial Services Limited reported revenue of ₹59.86 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹59.86 Cr ▲ 8%
Net profit · FY 2024
₹2.24 Cr margin 3.7%
EBITDA · FY 2024
₹3.26 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 1%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 20%
5 years · compounded
▲ 7%
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.24 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pivot Multifar Industrial Services Limited, buy the company report.
Board of directors of Pivot Multifar Industrial Services Limited
Pivot Multifar Industrial Services has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samar Sharma Batra | Director | 14 Aug 2004 | 22 Years 2 Months | Current |
| Pradeep Sharma Also directs: Citynest Hotels LLP | Director | 28 Apr 1999 | 27 Years 6 Months | Current |
| Jagdish Chandra | Director | 14 Aug 2004 | 22 Years 2 Months | Current |
Peer comparison
Pivot Multifar Industrial Services Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reliable First Adcon Private Limited | ₹60.9 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| SLN Corp Solutions Private Limited | ₹60.54 Cr (FY 2024) | -11.0% | Bangalore, Karnataka, India | |||
| Pivot Multifar Industrial Services Limitedthis company | ₹59.86 Cr (FY 2024) | ₹2.24 Cr | 3.7% | 8.0% | 2,440 | Faridabad, Haryana, India |
| Virtuous Advisians Private Limited | ₹59.57 Cr (FY 2025) | 113.0% | Yashoda Nagar, Uttar Pradesh, India |
To see the full peer comparison of Pivot Multifar Industrial Services Limited, buy the company report.
Auditor
Pivot Multifar Industrial Services Limited is audited by SHWETA JOSHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHWETA JOSHI | FY 2023 | 543007 |
Shareholding
The shareholding of Pivot Multifar Industrial Services 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 Pivot Multifar Industrial Services Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2014 | 10512013 | Citi Bank N.A. | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Pivot Multifar Industrial Services Limited has 4 court cases on record: 2 filed by Pivot Multifar Industrial Services, 2 filed against it. All cases are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed by the company against Ms DSC Ltd. | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against DSC Limited | Disposed |
| District court, Rewari, Haryana | Civil suit | Filed against the company by M/S. Rico Auto Industries Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by New Holland Tractors Pvt.Ltd. | Disposed |
To see the full case history of Pivot Multifar Industrial Services 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 Pivot Multifar Industrial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pivot Multifar Industrial Services Limited has a workforce of 2,440 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
2,440
Active EPFO establishments
1
Employee growth
-1.77%
GST
Pivot Multifar Industrial Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCP7109H1ZK | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pivot Multifar Industrial Services Limited, buy the company report.
Recent activity
Pivot Multifar Industrial Services Limited has 3 board changes on record since 1999: 3 appointments. The latest: Jagdish Chandra was appointed as Director on 14 Aug 2004.
AGM
Pivot Multifar Industrial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pivot Multifar Industrial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Citi Bank N.A. amounted to Rs. 100.00 Lakh with Charge ID 10512013 was registered on 01 Jul 2014.
Appointed
Jagdish Chandra was appointed as Director.
Appointed
Samar Sharma Batra was appointed as Director.
Appointed
Pradeep Sharma was appointed as Director.
Incorporation
28 Apr 1999
Pivot Multifar Industrial Services Limited was registered on 28 Apr 1999 with Roc Delhi & aged 27 years 6 months as per MCA records.
Frequently asked questions
Pivot Multifar Industrial Services is an active public limited company based in Faridabad, Haryana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 April 1999 (27+ years old) and is registered under CIN U74920HR1999PLC034226.
Pivot Multifar Industrial Services has 3 current directors:
- Samar Sharma Batra - Director
- Pradeep Sharma - Director
- Jagdish Chandra - Director
The latest financial statements of Pivot Multifar Industrial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pivot Multifar Industrial Services is 06AABCP7109H1ZK, registered in Haryana.
The CIN (Corporate Identification Number) of Pivot Multifar Industrial Services is U74920HR1999PLC034226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pivot Multifar Industrial Services has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Pivot Multifar Industrial Services was incorporated on 28 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Pivot Multifar Industrial Services by revenue are Reliable First Adcon Private Limited, SLN Corp Solutions Private Limited, Virtuous Advisians Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Jagdish Chandra was appointed as Director on 14 Aug 2004. Samar Sharma Batra was appointed as Director on 14 Aug 2004. Pradeep Sharma was appointed as Director on 28 Apr 1999.
Yes, Pivot Multifar Industrial Services is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0003014).
Pivot Multifar Industrial Services can be reached through the website pivotmultifar.com. Its registered office is in Faridabad, Haryana, India.
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