MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0053711
Quro Tech Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹93.08 Lakh
▲ 5% YoY
Net profit · FY 2025
₹4.72 Lakh
Net margin 5.1%
EBITDA · FY 2025
₹5.4 Lakh
EBITDA margin 5.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Quro Tech Private Limited
Data last updated:
Quro Tech 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 09 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2010PTC198722. Its GSTIN is 27AAACQ2246D1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Krishnaraj Merchant and Jitsu Sunil Merchant.
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 1903 Silver Arch Co Op Hsg Soc Ltd Shastri Nagar Lokhandwala Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.08 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.72 Lakh (net margin 5.1%) and EBITDA of ₹5.4 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 7% over five years.
The company is associated with 1 brand: QURO Payroll.
Quro Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0053711). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qurosoft.com.
Company Details of Quro Tech Private Limited
CIN U74999MH2010PTC198722
Registration Number 198722
Incorporation Date 09 January 2010
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
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0053711
Recognitions & Rankings of Quro Tech
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1903 Silver Arch Co Op Hsg Soc Ltd Shastri Nagar Lokhandwala Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
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Associated Brands with Quro Tech Private Limited
Quro Tech operates one associated brand: QURO Payroll. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a comprehensive payroll management system for businesses. | quropay.com |
Business Activity of Quro Tech Private Limited
The main business activity of Quro Tech is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Quro Tech Private Limited FY 2025 filings available
Quro Tech Private Limited reported revenue of ₹93.08 Lakh (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹93.08 Lakh ▲ 5%
Net profit · FY 2025
₹4.72 Lakh margin 5.1%
EBITDA · FY 2025
₹5.4 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR) of Quro Tech Private Limited
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 17%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 356%
3 years · compounded
▼ 50%
5 years · compounded
▲ 36%
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 356% 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 of Quro Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.72 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 of Quro Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Quro Tech are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Quro Tech Private Limited
Quro Tech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Krishnaraj Merchant | Director | 09 Jan 2010 | 16 Years 9 Months | Current |
| Jitsu Sunil Merchant | Director | 09 Jan 2010 | 16 Years 9 Months | Current |
Peer Comparison of Quro Tech Private Limited
Quro Tech Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lightsapien Private Limited | ₹93.21 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Hirekul Recruitment Private Limited | ₹93.21 Lakh (FY 2025) | •••• | •••• | 364.0% | •••• | Jammu, Jammu and Kashmir, India |
| Marko Careers (OPC) Private Limited | ₹93.2 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Hyderabad, Telangana, India |
| Neo Politicaledge Consulting Private Limited | ₹93.17 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| J. T. Advani Advisory Private Limited | ₹93.09 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Quro Tech Private Limited this company | ₹93.08 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Accela Fiduciary Services Private Limited | ₹93.06 Lakh (FY 2023) | •••• | •••• | 269.0% | •••• | Bangalore, Karnataka, India |
| Leonstride Technologies Private Limited | ₹93.03 Lakh (FY 2024) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
| Stycoon Securitas Private Limited | ₹93.01 Lakh (FY 2021) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Qsphere Solutions Private Limited | ₹93 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | Navi Mumbai, Maharashtra, India |
| The Sirsa Bansivat Labour and Construction Private Limited | ₹93 Lakh (FY 2022) | •••• | •••• | •••• | Sirsa, Haryana, India |
Peers are the five companies nearest above and the five nearest below Quro Tech by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Quro Tech Private Limited
Quro Tech Private Limited is audited by SHARMA SHAH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARMA SHAH & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Quro Tech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Quro Tech Private Limited
Quro Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Quro Tech Private Limited
Employment history and EPFO contributions of people linked to Quro Tech.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Quro Tech Private Limited
Quro Tech Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Jitsu Sunil Merchant was appointed as Director on 09 Jan 2010.
AGM
Quro Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quro Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Jitsu Sunil Merchant was appointed as Director.
Appointed
Sunil Krishnaraj Merchant was appointed as Director.
Incorporation
09 Jan 2010
Quro Tech Private Limited was registered on 09 Jan 2010 with Roc Mumbai & aged 16 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Quro Tech Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Quro Tech Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Quro Tech Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Quro Tech Private Limited
Quro Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ2246D1ZS | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Quro Tech Private Limited
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Frequently Asked Questions about Quro Tech Private Limited
Quro Tech 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 09 January 2010 (16+ years old) and is registered under CIN U74999MH2010PTC198722.
Quro Tech reported revenue of ₹93.08 Lakh for FY 2025 (up 5% YoY).
Quro Tech has 2 current directors:
- Sunil Krishnaraj Merchant - Director
- Jitsu Sunil Merchant - Director
Quro Tech reported a net profit of ₹4.72 Lakh (net margin 5.1%) and EBITDA of ₹5.4 Lakh (EBITDA margin 5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quro Tech is -17% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quro Tech is 27AAACQ2246D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Quro Tech is U74999MH2010PTC198722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quro Tech was incorporated on 09 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Quro Tech by revenue are Lightsapien Private Limited, Hirekul Recruitment Private Limited, Marko Careers (OPC) Private Limited, Neo Politicaledge Consulting Private Limited, J. T. Advani Advisory Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, HR Outsourcing).
Jitsu Sunil Merchant was appointed as Director on 09 Jan 2010. Sunil Krishnaraj Merchant was appointed as Director on 09 Jan 2010.
Yes, Quro Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0053711).