Simran Outsourcing Services Private Limited
About Simran Outsourcing Services Private Limited
Data last updated:
Simran Outsourcing Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business process outsourcing sector. It was incorporated on 15 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ2007PTC050024. Its GSTIN is 24AAKCS6360C1ZH (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 Charnjit Singh Surjit Singh Mand and Palsingh Sidhu Bhagsingh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 172/2 7th Floor Premchand House Highcourt Way Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2021, the company reported a revenue of ₹86.61 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹8.65 Lakh (net margin 10%) and EBITDA of ₹14.52 Lakh (EBITDA margin 16.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 18% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address172/2 7th Floor Premchand House Highcourt Way Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Business Activity of Simran Outsourcing Services Private Limited
The main business activity of Simran Outsourcing Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Simran Outsourcing Services Private Limited FY 2021 filings available
Simran Outsourcing Services Private Limited reported revenue of ₹86.61 Lakh (down 45% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Simran Outsourcing Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 45% fall in the latest year. EBITDA fell 50% 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 Simran Outsourcing Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹14.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.65 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 Simran Outsourcing Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Simran Outsourcing Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Simran Outsourcing Services Private Limited
Simran Outsourcing Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brevity Softtech Private Limited | •••• | •••• | •••• | •••• | - | Guntur, Andhra Pradesh, India |
| Integrate X Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| My Health Care Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Soft-Tech Info Systems Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Allied Infoservices Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Simran Outsourcing Services Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Unique BPO Management Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Recuva Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mangal Tradex Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Lead Street Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ansols Services Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Simran Outsourcing Services by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Simran Outsourcing Services Private Limited
Simran Outsourcing Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charnjit Singh Surjit Singh Mand | Director | 01 Oct 2007 | 19 Years 0 Months | Current |
| Palsingh Sidhu Bhagsingh | Director | 02 Nov 2019 | 6 Years 11 Months | Current |
| Balwinderkaur Charnjit Singh Mand | Director | 30 Oct 2012 | 13 Years 11 Months | Current |
Ownership and Shareholding of Simran Outsourcing Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Simran Outsourcing Services Private Limited
Simran Outsourcing Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Simran Outsourcing Services Private Limited
Simran Outsourcing Services Private Limited has a workforce of 3 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Simran Outsourcing Services Private Limited
Simran Outsourcing Services Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Palsingh Sidhu Bhagsingh was appointed as Director on 02 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Simran Outsourcing Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Simran Outsourcing Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Simran Outsourcing Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Simran Outsourcing Services Private Limited
Simran Outsourcing Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS6360C1ZH | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Simran Outsourcing Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Simran Outsourcing Services Private Limited
Simran Outsourcing Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 15 February 2007 (19+ years old) and is registered under CIN U45202GJ2007PTC050024.
Simran Outsourcing Services reported revenue of ₹86.61 Lakh for FY 2021 (down 45% YoY).
Simran Outsourcing Services has 3 current directors:
- Charnjit Singh Surjit Singh Mand - Director
- Palsingh Sidhu Bhagsingh - Director
- Balwinderkaur Charnjit Singh Mand - Director
Simran Outsourcing Services reported a net profit of ₹8.65 Lakh (net margin 10%) and EBITDA of ₹14.52 Lakh (EBITDA margin 16.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simran Outsourcing Services is -29% over three years and -18% over five years. In the latest year (FY 2021) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simran Outsourcing Services is 24AAKCS6360C1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Simran Outsourcing Services is U45202GJ2007PTC050024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simran Outsourcing Services was incorporated on 15 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Simran Outsourcing Services by revenue are Brevity Softtech Private Limited, Integrate X Technologies Private Limited, My Health Care Solutions Private Limited, Soft-Tech Info Systems Private Limited, Allied Infoservices Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Palsingh Sidhu Bhagsingh was appointed as Director on 02 Nov 2019. Balwinderkaur Charnjit Singh Mand was appointed as Director on 30 Oct 2012. Ravindersingh Surjitsingh Mand ceased to be Director on 30 Oct 2012. Simran Outsourcing Services has 4 board changes on record in total.
The registered office of Simran Outsourcing Services is at 1722 7th Floor Premchand House Highcourt Way Ashram Road, Ahmedabad, Gujarat, India – 380009.