Spectrum Payroll Services Private Limited
About Spectrum Payroll Services Private Limited
Data last updated:
Spectrum Payroll Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 02 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2013PTC076301.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priya Rohit Mahadik and Shreyaben Pinakinbhai Bhandari.
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 24 Carat Onyx 811 Manesklal Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.27 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹15,084 (net margin -11.8%) and EBITDA of -₹14,819 (EBITDA margin -11.6%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address202 – 24 Carat Onyx 811 Manesklal Park Co.Op H. Society Opp. Naranpura Post Office, Naranpura, Ahmedabad, Gujarat, India – 380013
- IndustryFinancial Services, Financial Activities
- 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 Spectrum Payroll Services Private Limited
The main business activity of Spectrum Payroll Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Spectrum Payroll Services Private Limited FY 2025 filings available
Spectrum Payroll Services Private Limited reported revenue of ₹1.27 Lakh (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spectrum Payroll Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 85% fall in the latest year. EBITDA fell 322% 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 Spectrum Payroll Services 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 | -₹14,819 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15,084 | •••• | •••• | •••• | •••• |
| 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 Spectrum Payroll Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.8% | •••• | •••• | •••• | •••• |
| 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 Spectrum Payroll 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.
Board of Directors of Spectrum Payroll Services Private Limited
Spectrum Payroll Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Rohit Mahadik | Additional Director | 20 Jan 2026 | 0 Years 9 Months | Current |
| Shreyaben Pinakinbhai Bhandari | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
Peer Comparison of Spectrum Payroll Services Private Limited
Spectrum Payroll Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Legal Process 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 |
|---|---|---|---|---|---|---|
| Shivam Legal Services Private Limited | ₹1.43 Lakh (FY 2023) | •••• | •••• | -26.0% | •••• | Delhi, India |
| V Vab Holding Private Limited | ₹1.42 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| JLK Technologies Private Limited | ₹1.37 Lakh (FY 2024) | •••• | •••• | -79.0% | •••• | Delhi, India |
| Vig S Legal Services Private Limited | ₹1.35 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Nashik, Maharashtra, India |
| Agra India Financial Research Private Limited | ₹1.29 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Pune, Maharashtra, India |
| Spectrum Payroll Services Private Limited this company | ₹1.27 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Ahmedabad, Gujarat, India |
| Legaltech Media Private Limited | ₹1.21 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Labela Regsources Private Limited | ₹1.2 Lakh (FY 2021) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Kochhar Lexserve Private Limited | ₹1.16 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Asap Law Examination Solutions Private Limited | ₹1.11 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Restateque Legal Advisors Private Limited | ₹1.09 Lakh (FY 2024) | •••• | •••• | 10906700.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Spectrum Payroll Services by revenue in the Outsourcing industry (Legal Process 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 Spectrum Payroll Services Private Limited
Spectrum Payroll Services Private Limited is audited by DATTANI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DATTANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spectrum Payroll 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 Spectrum Payroll Services Private Limited
Spectrum Payroll Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Spectrum Payroll Services Private Limited
Employment history and EPFO contributions of people linked to Spectrum Payroll Services.
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 Spectrum Payroll Services Private Limited
Spectrum Payroll Services Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Shreyaben Pinakinbhai Bhandari was appointed as Additional Director on 02 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Spectrum Payroll 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 Spectrum Payroll 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 Spectrum Payroll 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 Spectrum Payroll Services Private Limited
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 Spectrum Payroll 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 Spectrum Payroll Services Private Limited
Spectrum Payroll Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in financial activities, within the financial services industry. It was incorporated on 02 August 2013 (13+ years old) and is registered under CIN U74140GJ2013PTC076301.
Spectrum Payroll Services reported revenue of ₹1.27 Lakh for FY 2025 (down 85% YoY).
Spectrum Payroll Services has 2 current directors:
- Priya Rohit Mahadik - Additional Director
- Shreyaben Pinakinbhai Bhandari - Additional Director
Spectrum Payroll Services reported a net loss of ₹15,084 (net margin -11.8%) and EBITDA of -₹14,819 (EBITDA margin -11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spectrum Payroll Services is -50% over three years and -36% over five years. In the latest year (FY 2025) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Spectrum Payroll Services is U74140GJ2013PTC076301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Payroll Services was incorporated on 02 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spectrum Payroll Services by revenue are Shivam Legal Services Private Limited, V Vab Holding Private Limited, JLK Technologies Private Limited, Vig S Legal Services Private Limited, Agra India Financial Research Private Limited and 5 more, all in the Outsourcing industry (Legal Process Outsourcing).
Shreyaben Pinakinbhai Bhandari was appointed as Additional Director on 02 Feb 2026. Priya Rohit Mahadik was appointed as Additional Director on 20 Jan 2026. Mukundkumar Poonamchand Kothari ceased to be Director on 29 Sep 2015. Spectrum Payroll Services has 6 board changes on record in total.
The registered office of Spectrum Payroll Services is at 202 – 24 Carat Onyx 811 Manesklal Park Co.Op H. Society Opp. Naranpura Post Office, Naranpura, Ahmedabad, Gujarat, India – 380013.
Spectrum Payroll Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.