DPIIT recognised startup Government of India
Startup India
Prov HR Solutions Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹12.36 Lakh
▼ 23% YoY
Net profit · FY 2022
₹96,219
Net margin 7.8%
EBITDA · FY 2022
₹2.6 Lakh
EBITDA margin 21%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
30
Provident fund records
Directors on board
7
As per MCA filings
About Prov HR Solutions Private Limited
Data last updated:
Prov HR Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2019PTC130590. Its GSTIN is 33AAKCP6716D1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Karur Ramesh Janardhanan and Subramanian Sunithi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.36 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹96,219 (net margin 7.8%) and EBITDA of ₹2.6 Lakh (EBITDA margin 21%).
The company has about 30 employees on its provident fund (EPFO) records.
Prov HR Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0052631). For more details, the company can be reached via its website provhr.com.
Company details
CIN U74999TN2019PTC130590
Registration Number 130590
Incorporation Date 18 July 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0052631
Recognitions & Rankings of Prov HR Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0052631
Contact details
Prov HR Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is provhr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat 1 – A First Floor Devadaya Apartment No.32 First Main Road Gandhi Nagar Ad, Yar, Chennai, Tamil Nadu, India – 600020
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Prov HR Solutions Private Limited, buy the company report.
Comprehensive company report
Prov HR Solutions 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 Prov HR Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Prov HR Solutions Private Limited, buy the company report.
Financials of Prov HR Solutions Private Limited
FY 2022 filings availableProv HR Solutions Private Limited reported revenue of ₹12.36 Lakh (down 23% YoY) for FY 2022.
Revenue · FY 2022
₹12.36 Lakh ▼ 23%
Net profit · FY 2022
₹96,219 margin 7.8%
EBITDA · FY 2022
₹2.6 Lakh margin 21%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
Revenue fell 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 | ₹2.6 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹96,219 | ||
| 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 21% | ||
| Net Profit Margin | 7.8% | ||
| 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 Prov HR Solutions Private Limited, buy the company report.
Board of directors of Prov HR Solutions Private Limited
Prov HR Solutions has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karur Ramesh Janardhanan Also directs: Nalangam Private Limited, Satvat Infosol Private Limited, Satvat Holistics Private Limited and 2 more | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Subramanian Sunithi Also directs: Satvat Infosol Private Limited, Satvat Holistics Private Limited, Violetflame Info Systems Private Limited and 1 more | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Munusamy Malini Also directs: Provshrishti Food Products Private Limited | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
| Kamarajan | Director | 06 Mar 2020 | 6 Years 7 Months | Current |
| Vamsi Krishna Ramesh | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Ganesh Krishnamoorthy | Director | 27 Jan 2023 | 3 Years 9 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Prov HR Solutions Private Limited is audited by S K S V & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K S V & ASSOCIATES | FY 2020 | 014082S |
Shareholding
The shareholding of Prov HR Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prov HR Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prov HR Solutions 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 Prov HR Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prov HR Solutions Private Limited has a workforce of 30 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-3.23%
GST
Prov HR Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCP6716D1ZJ | Tamil Nadu | Active | 31 Aug 2019 |
To see the full GST registrations and return filing status of Prov HR Solutions Private Limited, buy the company report.
Recent activity
Prov HR Solutions Private Limited has 15 board changes on record since 2019: 7 appointments and 8 cessations. The latest: Karur Ramesh Janardhanan ceased to be Additional Director on 28 Mar 2023.
Ceased
Karur Ramesh Janardhanan ceased to be Additional Director.
Ceased
Subramanian Sunithi ceased to be Additional Director.
Ceased
Vamsi Krishna Ramesh ceased to be Additional Director.
Ceased
Vetrivel Bhaskar ceased to be Additional Director.
Appointed
Ganesh Krishnamoorthy was appointed as Director.
AGM
Prov Hr Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Padmavathy ceased to be Director.
Ceased
Pudugramam Sundaresan Sunitha ceased to be Director.
Ceased
Rama Nagarajan ceased to be Director.
Filing
Prov Hr Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Appointed
Vetrivel Bhaskar was appointed as Director.
Appointed
Karur Ramesh Janardhanan was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Prov HR Solutions 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 18 July 2019 (7+ years old) and is registered under CIN U74999TN2019PTC130590.
Prov HR Solutions has 7 current directors:
- Karur Ramesh Janardhanan - Director
- Subramanian Sunithi - Director
- Munusamy Malini - Director
- Kamarajan - Director
- Vamsi Krishna Ramesh - Director
- Ganesh Krishnamoorthy - Director
- Vetrivel Bhaskar - Director
The latest financial statements of Prov HR Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Prov HR Solutions is 33AAKCP6716D1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prov HR Solutions is U74999TN2019PTC130590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prov HR Solutions was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Karur Ramesh Janardhanan ceased to be Additional Director on 28 Mar 2023. Subramanian Sunithi ceased to be Additional Director on 28 Mar 2023. Vamsi Krishna Ramesh ceased to be Additional Director on 28 Mar 2023. Prov HR Solutions has 15 board changes on record in total.
Yes, Prov HR Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Prov HR Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0052631).
Prov HR Solutions can be reached through the website provhr.com. Its registered office is in Chennai, Tamil Nadu, India.
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