About Target Manpower Services Limited
Data last updated:
Target Manpower Services Limited was a public limited company based in Coimbatore, Tamil Nadu, India, operated as a subsidiary of Pricol Corporate Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the security and surveillance segment of the business services sector. It was incorporated on 04 October 2013.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74910TZ2013PLC019905. Its GSTIN is 33AAECT7997A1Z6 (Tamil Nadu).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Jambunathan Sridhar and Natarajan Subramanian.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Cpm Towers 109 Race Course, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.89 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹37.45 Lakh (net margin 5.4%) and EBITDA of ₹47.5 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
The company had about 304 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is pricol.co.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressCpm Towers 109 Race Course, Coimbatore, Tamil Nadu, India – 641018
- IndustryBusiness Services, Security & Surveillance, Facility Management
- 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 Target Manpower Services Limited
The main business activity of Target Manpower Services is support service to organizations. In detail, this covers housekeeping & maintenance service and security and investigation activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | Locked |
| N | Support service to Organizations | N4 | Security and investigation 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 Target Manpower Services Limited FY 2022 filings available
Target Manpower Services Limited reported revenue of ₹6.89 Cr (up 31% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Target Manpower Services Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 31% growth in the latest year. EBITDA rose 142% 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 Target Manpower Services Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.89 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹47.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.45 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 Target Manpower Services Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 Target Manpower 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 Target Manpower Services Limited
Target Manpower Services Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services, HR Outsourcing, Manpower Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.M. Sarkar & Sons Private Limited | ₹6.9 Cr (FY 2025) | •••• | •••• | •••• | Guwahati, Assam, India | |
| Bajaj Gintech Private Limited | ₹6.9 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Nagpur, Maharashtra, India |
| Assure Facility Management Services Private Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Chennai, Tamil Nadu, India |
| Buildhr Management Consultants Private Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Sainik Surveillance and Security Services Private Limited | ₹6.9 Cr (FY 2025) | •••• | •••• | 244.0% | •••• | New Delhi, Delhi, India |
| Target Manpower Services Limited this company | ₹6.89 Cr (FY 2022) | •••• | •••• | 31.0% | •••• | Coimbatore, Tamil Nadu, India |
| MJG International Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Delhi, India |
| Golden Palm Services Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Kalayanpuri, Delhi, India |
| Marksmen Facilities Private Limited | ₹6.88 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Dynamic Ex-Army Sentinels Private Limited | ₹6.87 Cr (FY 2023) | •••• | •••• | 34.0% | •••• | Patna, Bihar, India |
| Perfect Property Management Private Limited | ₹6.87 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Target Manpower Services by revenue in the Business Services industry (Facility Management Services, HR Outsourcing, Manpower Services), 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 Target Manpower Services Limited
Target Manpower Services Limited is audited by V K S AIYER & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K S AIYER & CO | 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.
Board of Directors of Target Manpower Services Limited
Target Manpower Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jambunathan Sridhar Also directs: Paavana Insurance Brokers Private Limited | Director | 02 Feb 2016 | 10 Years 8 Months | As last reported |
| Natarajan Subramanian | Director | 31 Jan 2017 | 9 Years 8 Months | As last reported |
| Thangavel Gajalakshmi Thamizhanban | Director | 04 Oct 2013 | 13 Years 0 Months | As last reported |
Ownership and Shareholding of Target Manpower Services 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 Target Manpower Services Limited
Target Manpower Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Target Manpower Services Limited
Target Manpower Services Limited has a workforce of 304 employees as of Mar 22, 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 Target Manpower Services Limited
Target Manpower Services Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Natarajan Subramanian ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Target Manpower Services 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 Target Manpower Services 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 Target Manpower Services 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 Target Manpower Services Limited
Target Manpower Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECT7997A1Z6 | Tamil Nadu | 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 Target Manpower Services 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 Target Manpower Services Limited
Target Manpower Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Target Manpower Services was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in security and surveillance, within the business services industry. It was incorporated on 04 October 2013 and is registered under CIN U74910TZ2013PLC019905. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Target Manpower Services was incorporated on 04 October 2013. It is registered with the Registrar of Companies, Coimbatore.
Target Manpower Services had 3 directors:
- Jambunathan Sridhar - Director
- Natarajan Subramanian - Director
- Thangavel Gajalakshmi Thamizhanban - Director
The CIN (Corporate Identification Number) of Target Manpower Services is U74910TZ2013PLC019905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Target Manpower Services is at Cpm Towers 109 Race Course, Coimbatore, Tamil Nadu, India – 641018.
Target Manpower Services can be reached through the website pricol.co.in. Its registered office is in Coimbatore, Tamil Nadu, India.
Target Manpower Services reported revenue of ₹6.89 Cr for FY 2022 (up 31% YoY).
Target Manpower Services has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Target Manpower Services reported a net profit of ₹37.45 Lakh (net margin 5.4%) and EBITDA of ₹47.5 Lakh (EBITDA margin 6.9%) for FY 2022, as per its filed financial statements.
The GSTIN of Target Manpower Services is 33AAECT7997A1Z6, registered in Tamil Nadu.