MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0203818
Reachlocal Services Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹76.18 Cr
▲ 21% YoY
Net profit · FY 2023
₹7.62 Cr
Net margin 10%
EBITDA · FY 2023
₹14.97 Cr
EBITDA margin 19.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
610
Provident fund records
Directors on board
2
As per MCA filings
About Reachlocal Services Private Limited
Data last updated:
Reachlocal Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Reachlocal International Inc.Usa. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 02 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC195423. Its GSTIN is 27AAECR4658Q1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sanket Bhupendrabhai Naik and Chetan Anand Lal.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹76.18 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹7.62 Cr (net margin 10%) and EBITDA of ₹14.97 Cr (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The company has about 610 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ReachLocal India. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in December 2009. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 62 overdue payments to 12 micro and small suppliers.
Reachlocal Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0203818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reachlocalindia.com.
Company details
CIN U74990MH2009PTC195423
Registration Number 195423
Incorporation Date 02 September 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Reachlocal International Inc.Usa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0203818
Recognitions & Rankings of Reachlocal Services
Contact details
Reachlocal Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is reachlocalindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address401 To 407 408 To 412 5th Floor And 1001 B – Wing Express Zone Patel Vanika W.E.Hwy Gorega, On (E), Mumbai, Maharashtra, India – 400097
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Reachlocal Services Private Limited, buy the company report.
Comprehensive company report
Reachlocal Services 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
Reachlocal Services operates one associated brand: ReachLocal India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital marketing services including SEO, social media, and online advertising. | reachlocalindia.com |
Business activity
The main business activity of Reachlocal Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Reachlocal Services Private Limited, buy the company report.
Financials of Reachlocal Services Private Limited
FY 2023 filings availableReachlocal Services Private Limited reported revenue of ₹76.18 Cr (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹76.18 Cr ▲ 21%
Net profit · FY 2023
₹7.62 Cr margin 10%
EBITDA · FY 2023
₹14.97 Cr margin 19.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 22%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 23%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 21% growth in the latest year. EBITDA rose 22% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹76.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.62 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.6% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Reachlocal Services Private Limited, buy the company report.
Board of directors of Reachlocal Services Private Limited
Reachlocal Services has 2 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 |
|---|---|---|---|---|
| Sanket Bhupendrabhai Naik | Director | 21 Sep 2016 | 10 Years 1 Months | Current |
| Chetan Anand Lal | Director | 25 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Reachlocal Services Private Limited is audited by APKG & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APKG & CO | FY 2023 | 135547W |
Shareholding
The shareholding of Reachlocal Services 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 Reachlocal Services Private Limited, buy the company report.
Deals & funding
Reachlocal Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in December 2009.
Total deals
1
Funding round
1
Disclosed funding
₹99 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2009 | Funding round | ₹99 Lakh | Investors: Reachlocal International Inc. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Reachlocal Services 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
Reachlocal Services Private Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 62 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Career Basket | |||
| Agile Security Force & Systems Private Limited | |||
| Shree Ganesh Travels |
To see the full MSME payment records of Reachlocal Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Reachlocal Services Private Limited has a workforce of 610 employees on its EPFO records as of Dec 02, 2024, across 1 active EPFO establishment.
Employee count
610
Active EPFO establishments
1
Employee growth
14.66%
GST
Reachlocal Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR4658Q1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reachlocal Services Private Limited, buy the company report.
Recent activity
Reachlocal Services Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Ross Glenn Landsbaum ceased to be Additional Director on 27 Oct 2016.
AGM
Reachlocal Services Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
Filing
Reachlocal Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Ross Glenn Landsbaum ceased to be Additional Director.
Ceased
Sanket Bhupendrabhai Naik ceased to be Additional Director.
Appointed
Sanket Bhupendrabhai Naik was appointed as Director.
Ceased
Steven Christopher Fullbright ceased to be Director.
Ceased
Priyodarshi Sen ceased to be Additional Director.
Appointed
Chetan Anand Lal was appointed as Director.
Ceased
Michael L Kline ceased to be Additional Director.
Ceased
Siddharth Saumil Mehta ceased to be Additional Director.
Ceased
Purnima Singh Kamble ceased to be Director.
Ceased
Ranganath Harirao ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Reachlocal Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 02 September 2009 (17+ years old) and is registered under CIN U74990MH2009PTC195423.
Reachlocal Services has 2 current directors:
- Sanket Bhupendrabhai Naik - Director
- Chetan Anand Lal - Director
The latest financial statements of Reachlocal Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Reachlocal Services is 27AAECR4658Q1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reachlocal Services is U74990MH2009PTC195423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reachlocal Services was incorporated on 02 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Reachlocal Services has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in December 2009.
Ross Glenn Landsbaum ceased to be Additional Director on 27 Oct 2016. Sanket Bhupendrabhai Naik ceased to be Additional Director on 30 Sep 2016. Sanket Bhupendrabhai Naik was appointed as Director on 21 Sep 2016. Reachlocal Services has 10 board changes on record in total.
Yes, Reachlocal Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0203818).
Reachlocal Services has 13 MSME Form 1 returns on record between 2018 and 2024, listing 62 overdue payments to 12 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Reachlocal Services can be reached through the website reachlocalindia.com. Its registered office is in Mumbai, Maharashtra, India.
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