DPIIT recognised startup Government of India
Startup India
Sourceease HR Services Private Limited
Sourceease HR Services Private Limited - business outsourcing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.15 Lakh
▲ 34869% YoY
Net loss · FY 2024
₹74.49 Lakh
Net margin -284.8%
EBITDA · FY 2024
-₹98.62 Lakh
EBITDA margin -377.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
12
Provident fund records
Directors on board
2
As per MCA filings
About Sourceease HR Services Private Limited
Data last updated:
Sourceease HR Services Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 June 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2022PTC400184. Its GSTIN is 07ABICS7547N1ZJ (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sandesh Jaikrishan and Neena Jaikrishan.
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 B – 701 7th Floor Munirka Appartment, Plot No 11 Sector 9 Dwarka, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹74.49 Lakh (net margin -284.8%) and EBITDA of -₹98.62 Lakh (EBITDA margin -377.1%).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sourceease.
Sourceease HR Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0030581).
Company Details of Sourceease HR Services Private Limited
CIN U74999DL2022PTC400184
Registration Number 400184
Incorporation Date 17 June 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-10-0030581
Recognitions & Rankings of Sourceease HR Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-DL-10-0030581
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 701 7th Floor Munirka Appartment, Plot No 11 Sector 9 Dwarka, Delhi, India – 110075
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Associated Brands with Sourceease HR Services Private Limited
Sourceease HR Services operates one associated brand: Sourceease. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a platform for efficient hiring solutions. | sourceease.in |
Business Activity of Sourceease HR Services Private Limited
The main business activity of Sourceease HR Services 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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Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Sourceease HR Services Private Limited FY 2025 filings available
Sourceease HR Services Private Limited reported revenue of ₹26.15 Lakh (up 34869% YoY) for FY 2024.
Revenue · FY 2024
₹26.15 Lakh ▲ 34869%
Net loss · FY 2024
₹74.49 Lakh margin -284.8%
EBITDA · FY 2024
-₹98.62 Lakh margin -377.1%
Financial Statement Summary of Sourceease HR Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹98.62 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹74.49 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 Sourceease HR Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -377.1% | •••• |
| Net Profit Margin | -284.8% | •••• |
| 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 Sourceease HR Services are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Sourceease HR Services Private Limited
Sourceease HR Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandesh Jaikrishan Also directs: Nirjai Technologies Private Limited | Director | 17 Jun 2022 | 4 Years 4 Months | Current |
| Neena Jaikrishan Also directs: Nirjai Technologies Private Limited | Additional Director | 01 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of Sourceease HR Services Private Limited
Sourceease HR Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (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 |
|---|---|---|---|---|---|---|
| JPS Secure Solution Private Limited | ₹26.29 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Kurukshetra, Haryana, India |
| Vida Business Services Private Limited | ₹26.26 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Secured Hygiene Services Private Limited | ₹26.23 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Raipur, Chhattisgarh, India |
| Aifa Solution Private Limited | ₹26.23 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | Hyderabad, Telangana, India |
| Vtsky Aviation Services Private Limited | ₹26.18 Lakh (FY 2022) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sourceease HR Services Private Limited this company | ₹26.15 Lakh (FY 2024) | •••• | •••• | 34869.0% | •••• | Delhi, India |
| Sharp Pressings Private Limited | ₹26.15 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Maval, Maharashtra, India |
| Navratan Travel and Placement Services Private Limited | ₹26.15 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Sanshri Management Services Private Limited | ₹26.14 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Pune, Maharashtra, India |
| Tyson Consultants Private Limited | ₹26.05 Lakh (FY 2021) | •••• | •••• | 1277.0% | •••• | Ambernath, Maharashtra, India |
| Citiz Essential Services Private Limited | ₹26.05 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Sourceease HR Services by revenue in the Outsourcing industry (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 Sourceease HR Services Private Limited
Sourceease HR Services Private Limited is audited by DEEPAK GULATI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK GULATI & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
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Ownership and Shareholding of Sourceease HR Services Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Sourceease HR Services Private Limited
Sourceease HR Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sourceease HR Services Private Limited
Employment history and EPFO contributions of people linked to Sourceease HR Services.
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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 Sourceease HR Services Private Limited
Sourceease HR Services Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Neena Jaikrishan was appointed as Additional Director on 01 May 2025.
AGM
Sourceease Hr Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Neena Jaikrishan was appointed as Additional Director.
Ceased
Sidharth Malik ceased to be Director.
Filing
Sourceease Hr Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Sanjay Bhatnagar ceased to be Director.
Appointed
Sandesh Jaikrishan was appointed as Director.
Appointed
Sanjay Bhatnagar was appointed as Director.
Appointed
Sidharth Malik was appointed as Director.
Incorporation
17 Jun 2022
Sourceease Hr Services Private Limited was registered on 17 Jun 2022 with Roc Delhi I & aged 4 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Sourceease HR Services Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Sourceease HR Services Private Limited
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Subsidiaries & Group Companies of Sourceease HR Services 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 Sourceease HR Services Private Limited
Sourceease HR Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABICS7547N1ZJ | Delhi | Active | 27 Aug 2022 |
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MCA Filings & Documents of Sourceease HR Services Private Limited
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MCA filings and documents
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Frequently Asked Questions about Sourceease HR Services Private Limited
Sourceease HR Services is an active private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 June 2022 (4+ years old) and is registered under CIN U74999DL2022PTC400184.
Sourceease HR Services reported revenue of ₹26.15 Lakh for FY 2024 (up 34869% YoY).
Sourceease HR Services has 2 current directors:
- Sandesh Jaikrishan - Director
- Neena Jaikrishan - Additional Director
Sourceease HR Services reported a net loss of ₹74.49 Lakh (net margin -284.8%) and EBITDA of -₹98.62 Lakh (EBITDA margin -377.1%) for FY 2024, as per its filed financial statements.
The GSTIN of Sourceease HR Services is 07ABICS7547N1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of Sourceease HR Services is U74999DL2022PTC400184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourceease HR Services was incorporated on 17 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Sourceease HR Services by revenue are JPS Secure Solution Private Limited, Vida Business Services Private Limited, Secured Hygiene Services Private Limited, Aifa Solution Private Limited, Vtsky Aviation Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Neena Jaikrishan was appointed as Additional Director on 01 May 2025. Sidharth Malik ceased to be Director on 01 May 2025. Sanjay Bhatnagar ceased to be Director on 07 Nov 2023. Sourceease HR Services has 6 board changes on record in total.
Yes, Sourceease HR Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sourceease HR Services is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0030581).