MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0065957
Protean Staffing Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.47 Cr
▲ 35% YoY
Net profit · FY 2024
₹14.78 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹38.11 Lakh
EBITDA margin 1.3%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹7.52 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
655
Provident fund records
About Protean Staffing Private Limited
Data last updated:
Protean Staffing Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2004PTC054586. Its GSTIN is 33AADCP4171H1ZL (Tamil Nadu).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹24 Lakh. It was formerly known as Protean Management Consultancy Private Limited. It is led by directors including Srinivasan Sundaresan and Chinnaraj Chandankumari.
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 No.1 4th Floor Shakthi Towers II Door No.766 Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.47 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹14.78 Lakh (net margin 0.5%) and EBITDA of ₹38.11 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 655 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.52 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Protean Staffing Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0065957). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website protean.co.in.
Company details
CIN U74140TN2004PTC054586
Registration Number 054586
Incorporation Date 02 November 2004
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-02-0065957
Key People
Srinivasan Sundaresan Director Chinnaraj Chandankumari Director Pasupuleti Mohan Sreeraj Director Recognitions & Rankings of Protean Staffing
Contact details
Protean Staffing Private Limited's registered office is in Chennai, Tamil Nadu. Its website is protean.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1 4th Floor Shakthi Towers II Door No.766 Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Protean Staffing Private Limited, buy the company report.
Comprehensive company report
Protean Staffing 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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Secure checkout · GST invoice included
Business activity
The main business activity of Protean Staffing 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 Protean Staffing Private Limited, buy the company report.
Financials of Protean Staffing Private Limited
FY 2024 filings availableProtean Staffing Private Limited reported revenue of ₹28.47 Cr (up 35% YoY) for FY 2024.
Revenue · FY 2024
₹28.47 Cr ▲ 35%
Net profit · FY 2024
₹14.78 Lakh margin 0.5%
EBITDA · FY 2024
₹38.11 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 21%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 19%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 35% growth in the latest year. EBITDA rose 13% 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 | ₹38.11 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹14.78 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Protean Staffing Private Limited, buy the company report.
Board of directors of Protean Staffing Private Limited
Protean Staffing has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Sundaresan Also directs: 3S FMCG Ventures LLP, Protean Skill Foundation | Director | 02 Nov 2004 | 21 Years 11 Months | Current |
| Chinnaraj Chandankumari | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Pasupuleti Mohan Sreeraj Also directs: 3S FMCG Ventures LLP, Protean Skill Foundation | Director | 02 Nov 2004 | 21 Years 11 Months | Current |
Peer comparison
Protean Staffing Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Sukani HR Management Private Limited | ₹28.63 Cr (FY 2025) | 6.0% | Surat, Gujarat, India | |||
| Sai Working Solutions Pvt Ltd | ₹28.49 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Protean Staffing Private Limitedthis company | ₹28.47 Cr (FY 2024) | ₹14.78 Lakh | 0.5% | 35.0% | 655 | Chennai, Tamil Nadu, India |
| Opusing Information Services Private Limited | ₹28.45 Cr (FY 2024) | 2.0% | New Delhi, Delhi, India | |||
| Sharavi Supporting Services Private Limited | ₹28.28 Cr (FY 2025) | -14.0% | Gurgaon, Haryana, India | |||
| Big Tree Resource Management Private Limited | ₹28.26 Cr (FY 2024) | 26.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Protean Staffing Private Limited, buy the company report.
Auditor
Protean Staffing Private Limited is audited by S SRIDHARAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SRIDHARAN | FY 2023 | 18694 |
Shareholding
The shareholding of Protean Staffing 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 Protean Staffing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2024 | 100989208 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 03 Aug 2023 | 100793635 | Hdfc Bank Limited | ₹6.5 Lakh | Open | |
| 07 Sep 2021 | 100480883 | Axis Bank Limited | ₹45 Lakh | Open | |
| 13 Aug 2021 | 100470549 | Axis Bank Limited | ₹3 Cr | Open |
To see the full charge records of Protean Staffing Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Protean Staffing Private Limited has 1 court case on record: 1 filed by Protean Staffing. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against Income Tax Officer, | Disposed |
To see the full case history of Protean Staffing 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 Protean Staffing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Protean Staffing Private Limited has a workforce of 655 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
655
Active EPFO establishments
1
Employee growth
18.66%
GST
Protean Staffing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP4171H1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Protean Staffing Private Limited, buy the company report.
Recent activity
Protean Staffing Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Chinnaraj Chandankumari ceased to be Additional Director on 29 Sep 2018.
AGM
Protean Staffing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 100989208 was registered on 10 Sep 2024.
Filing
Protean Staffing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Axis Bank Limited of Rs. 300.00 Lakh registered on 13 Aug 2021 with Charge ID 100470549 was modified on 25 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.50 Lakh with Charge ID 100793635 was registered on 03 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100480883 was registered on 07 Sep 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100470549 was registered on 13 Aug 2021.
Ceased
Chinnaraj Chandankumari ceased to be Additional Director.
Appointed
Chinnaraj Chandankumari was appointed as Director.
Ceased
Vidya Madhvan ceased to be Director.
Ceased
Venugopalan Madhavan ceased to be Director.
Appointed
Pasupuleti Mohan Sreeraj was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Protean Staffing is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 November 2004 (22+ years old) and is registered under CIN U74140TN2004PTC054586.
Protean Staffing has 3 current directors:
- Srinivasan Sundaresan - Director
- Chinnaraj Chandankumari - Director
- Pasupuleti Mohan Sreeraj - Director
The latest financial statements of Protean Staffing 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 Protean Staffing is 33AADCP4171H1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Protean Staffing is U74140TN2004PTC054586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Protean Staffing has 1 court case on record: 1 filed by the company.
Protean Staffing was incorporated on 02 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Protean Staffing by revenue are Sukani HR Management Private Limited, Sai Working Solutions Pvt Ltd, Opusing Information Services Private Limited, Sharavi Supporting Services Private Limited, Big Tree Resource Management Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Chinnaraj Chandankumari ceased to be Additional Director on 29 Sep 2018. Chinnaraj Chandankumari was appointed as Director on 07 Dec 2017. Vidya Madhvan ceased to be Director on 04 Sep 2017. Protean Staffing has 6 board changes on record in total.
Yes, Protean Staffing is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0065957).
Protean Staffing can be reached through the website protean.co.in. Its registered office is in Chennai, Tamil Nadu, India.