Right Corporate Services Limited
About Right Corporate Services Limited
Data last updated:
Right Corporate Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1994PLC080262. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It is led by directors including Gajanan Gomaji Burde and Hemant Sahashram Bisen.
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 314 Ninad Kher Nagarwestern Express Highway Bandra, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.33 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹43,853 (net margin 33%) and EBITDA of ₹56,181 (EBITDA margin 42.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Right Corporate Services has one previous CIN (Corporate Identification Number): U74140MH1994PTC080262. The current CIN is U74140MH1994PLC080262, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH1994PLC080262 | Current |
| U74140MH1994PTC080262 | Previous |
Contact details
Right Corporate Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address314 Ninad Kher Nagarwestern Express Highway Bandra, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Right Corporate Services Limited, buy the company report.
- 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
Financials of Right Corporate Services Limited
FY 2024 filings availableRight Corporate Services Limited reported revenue of ₹1.33 Lakh (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 32% growth in the latest year. EBITDA rose 24% 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 |
|---|---|---|---|---|---|
| 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 | ₹56,181 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43,853 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.2% | ||||
| Net Profit Margin | 33% | ||||
| 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 Right Corporate Services Limited, buy the company report.
Board of directors of Right Corporate Services Limited
Right Corporate Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajanan Gomaji Burde | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Hemant Sahashram Bisen | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Dayanand Mahadev Bawle | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Right Corporate Services Limited is audited by VIJAY AGRAWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY AGRAWAL & CO | FY 2023 | 138350W |
Shareholding
The shareholding of Right Corporate Services Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Right Corporate Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Right Corporate Services 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 Right Corporate Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Right Corporate Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Right Corporate Services Limited, buy the company report.
Recent activity
Right Corporate Services Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Dayanand Mahadev Bawle was appointed as Director on 01 Apr 2023.
Frequently asked questions
Right Corporate Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 August 1994 (32+ years old) and is registered under CIN U74140MH1994PLC080262.
Right Corporate Services has 3 current directors:
- Gajanan Gomaji Burde - Director
- Hemant Sahashram Bisen - Director
- Dayanand Mahadev Bawle - Director
The latest financial statements of Right Corporate Services 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.
No. Right Corporate Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Right Corporate Services is U74140MH1994PLC080262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right Corporate Services was incorporated on 10 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Dayanand Mahadev Bawle was appointed as Director on 01 Apr 2023. Gajanan Gomaji Burde was appointed as Director on 01 Apr 2023. Hemant Sahashram Bisen was appointed as Director on 01 Apr 2023. Right Corporate Services has 9 board changes on record in total.
The registered office of Right Corporate Services is at 314 Ninad Kher Nagarwestern Express Highway Bandra, Mumbai, Maharashtra, India – 400051.
Right Corporate Services operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Right Corporate Services is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.