MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0035350
Quarec Resources Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.79 Lakh
▼ 82% YoY
Net loss · FY 2025
₹32.31 Lakh
Net margin -274%
EBITDA · FY 2025
-₹41.23 Lakh
EBITDA margin -349.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Quarec Resources Private Limited
Data last updated:
Quarec Resources Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93090GJ2018PTC103300. Its GSTIN is 24AAACQ5502E1ZZ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dinesh Rajput and Khushbu Nikunj Patel.
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 821 Sakar 9 Besides Rbi Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.79 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹32.31 Lakh (net margin -274%) and EBITDA of -₹41.23 Lakh (EBITDA margin -349.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
The company is associated with 1 brand: Quarec.
Quarec Resources Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035350). For more details, the company can be reached via its website quarec.com.
Company details
CIN U93090GJ2018PTC103300
Registration Number 103300
Incorporation Date 17 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0035350
Recognitions & Rankings of Quarec Resources
Contact details
Quarec Resources Private Limited's registered office is in Ahmedabad, Gujarat. Its website is quarec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address821 Sakar 9 Besides Rbi Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Quarec Resources Private Limited, buy the company report.
Comprehensive company report
Quarec Resources 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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Brands
Quarec Resources operates one associated brand: Quarec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive recruitment, payroll management, and compliance support services for businesses. | quarec.com |
Business activity
The main business activity of Quarec Resources 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 Quarec Resources Private Limited, buy the company report.
Financials of Quarec Resources Private Limited
FY 2025 filings availableQuarec Resources Private Limited reported revenue of ₹11.79 Lakh (down 82% YoY) for FY 2025.
Revenue · FY 2025
₹11.79 Lakh ▼ 82%
Net loss · FY 2025
₹32.31 Lakh margin -274%
EBITDA · FY 2025
-₹41.23 Lakh margin -349.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 9%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 118%
3 years · compounded
▼ 54%
5 years · compounded
▼ 16%
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 118% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹41.23 Lakh | ||||
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| Net Profit (PAT) | -₹32.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -349.6% | ||||
| Net Profit Margin | -274% | ||||
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To see the full financial statements and ratios of Quarec Resources Private Limited, buy the company report.
Board of directors of Quarec Resources Private Limited
Quarec Resources has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Rajput | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Khushbu Nikunj Patel Also directs: Khushbu Nikunj Reality LLP | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Nikunj Sudhirkumar Patel | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Quarec Resources Private Limited is audited by SANKET K SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKET K SHAH & CO | FY 2021 | 155796W |
Shareholding
The shareholding of Quarec Resources Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Quarec Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Quarec Resources 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 Quarec Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quarec Resources has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ5502E1ZZ | Gujarat | Active | 07 Dec 2018 |
To see the full GST registrations and return filing status of Quarec Resources Private Limited, buy the company report.
Recent activity
Quarec Resources Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Dinesh Rajput was appointed as Director on 17 Jul 2018.
AGM
Quarec Resources Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quarec Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dinesh Rajput was appointed as Director.
Appointed
Khushbu Nikunj Patel was appointed as Director.
Appointed
Nikunj Sudhirkumar Patel was appointed as Director.
Incorporation
17 Jul 2018
Quarec Resources Private Limited was registered on 17 Jul 2018 with Roc Ahmedabad & aged 8 years 3 months as per MCA records.
Frequently asked questions
Quarec Resources is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 July 2018 (8+ years old) and is registered under CIN U93090GJ2018PTC103300.
Quarec Resources has 3 current directors:
- Dinesh Rajput - Director
- Khushbu Nikunj Patel - Director
- Nikunj Sudhirkumar Patel - Director
The latest financial statements of Quarec Resources 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 FY 2019 are in the company report.
The GSTIN of Quarec Resources is 24AAACQ5502E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Quarec Resources is U93090GJ2018PTC103300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quarec Resources was incorporated on 17 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dinesh Rajput was appointed as Director on 17 Jul 2018. Khushbu Nikunj Patel was appointed as Director on 17 Jul 2018. Nikunj Sudhirkumar Patel was appointed as Director on 17 Jul 2018.
Yes, Quarec Resources is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0035350).
Quarec Resources can be reached through the website quarec.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Quarec Resources is at 821 Sakar 9 Besides Rbi Ashram Road, Ahmedabad, Gujarat, India – 380009.