Thirdwave H R and Networks Private Limited

Thirdwave H R and Networks Private Limited - business outsourcing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U74910KL2005PTC018042 Incorporated 23 March 2005 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2021
₹41.38 Lakh
▼ 52% YoY
Net loss · FY 2021
₹5.25 Lakh
Net margin -12.7%
EBITDA · FY 2021
-₹1.73 Lakh
EBITDA margin -4.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
3
Provident fund records

About Thirdwave H R and Networks Private Limited

Data last updated:

Thirdwave H R and Networks Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 23 March 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74910KL2005PTC018042.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Parattu Smitha (Whole-Time Director) and Thirunilath Vinayakumar.

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 Door No. 40/ 9337 (New No. 59/4516) 3rd Floor Chackos Towers Padma Pulleppady Road, Ernakulam, Kerala, India – 682035.

As per the financials filed for FY 2021, the company reported a revenue of ₹41.38 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹5.25 Lakh (net margin -12.7%) and EBITDA of -₹1.73 Lakh (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 9% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹30 Lakh on record.

Thirdwave H R and Networks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0014912). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thirdwavehrd.com.

Company details

CIN U74910KL2005PTC018042
Registration Number 018042
Incorporation Date 23 March 2005
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0014912

Recognitions & Rankings of Thirdwave H R and Networks

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-02-0014912

Contact details

Thirdwave H R and Networks Private Limited's registered office is in Ernakulam, Kerala. Its website is thirdwavehrd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Door No. 40/ 9337 (New No. 59/4516) 3rd Floor Chackos Towers Padma Pulleppady Road, Ernakulam, Kerala, India – 682035
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Thirdwave H R and Networks Private Limited, buy the company report.

Comprehensive company report
Thirdwave H R and Networks Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Thirdwave H R and Networks is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Thirdwave H R and Networks Private Limited, buy the company report.

Financials of Thirdwave H R and Networks Private Limited

FY 2021 filings available

Thirdwave H R and Networks Private Limited reported revenue of ₹41.38 Lakh (down 52% YoY) for FY 2021.

Revenue · FY 2021
₹41.38 Lakh ▼ 52%
Net loss · FY 2021
₹5.25 Lakh margin -12.7%
EBITDA · FY 2021
-₹1.73 Lakh margin -4.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 27%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 144%
3 years · compounded
▼ 29%
5 years · compounded
▼ 23%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 52% fall in the latest year. EBITDA fell 144% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 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-₹1.73 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.25 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-4.2%
Net Profit Margin-12.7%
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 Thirdwave H R and Networks Private Limited, buy the company report.

Board of directors of Thirdwave H R and Networks Private Limited

Thirdwave H R and Networks has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Thirunilath VinayakumarDirector16 Oct 20179 Years 0 MonthsCurrent
Parattu SmithaWhole-Time Director23 Mar 200521 Years 7 MonthsCurrent

Peer comparison

Thirdwave H R and Networks Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Atomic Security Services Private Limited₹41.45 Lakh (FY 2025)-24.0%Indore, Madhya Pradesh, India
Thirdwave H R and Networks Private Limitedthis company₹41.38 Lakh (FY 2021)-₹5.25 Lakh-12.7%-52.0%3Ernakulam, Kerala, India
Pranco Outsourcing Private Limited₹41.32 Lakh (FY 2025)36.0%Lucknow, Uttar Pradesh, India
Atp HR Tech Private Limited₹41.27 Lakh (FY 2025)236.0%Devanahalli, Karnataka, India
Brick Force Consulting Services Private Limited₹41.2 Lakh (FY 2025)20.0%Bangalore, Karnataka, India

To see the full peer comparison of Thirdwave H R and Networks Private Limited, buy the company report.

Auditor

Thirdwave H R and Networks Private Limited is audited by JOSEPH AND CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
JOSEPH AND COFY 2018012843S

Shareholding

The shareholding of Thirdwave H R and Networks Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Thirdwave H R and Networks Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jul 200810113959State Bank of India₹30 LakhOpen

To see the full charge records of Thirdwave H R and Networks Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Thirdwave H R and Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Thirdwave H R and Networks Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-25%

GST

No GST registration is on our record for Thirdwave H R and Networks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Thirdwave H R and Networks Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Kannath Sanku Sunilkumar ceased to be Managing Director on 01 Apr 2019.

AGM
Thirdwave H R And Networks Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Thirdwave H R And Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Ceased
Kannath Sanku Sunilkumar ceased to be Managing Director.
Appointed
Kannath Sanku Sunilkumar was appointed as CEO.
Charges
A charge with State Bank Of India of Rs. 30.00 Lakh registered on 14 Jul 2008 with Charge ID 10113959 was modified on 22 May 2018.
Appointed
Thirunilath Vinayakumar was appointed as Director.
Ceased
Parattu Smitha ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 10113959 was registered on 14 Jul 2008.
Appointed
Parattu Smitha was appointed as Whole-Time Director.
Incorporation
23 Mar 2005
Thirdwave H R And Networks Private Limited was registered on 23 Mar 2005 with Roc Ernakulam & aged 21 years 7 months as per MCA records.

Frequently asked questions

Thirdwave H R and Networks is an active private limited company based in Ernakulam, Kerala, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 23 March 2005 (21+ years old) and is registered under CIN U74910KL2005PTC018042.

Thirdwave H R and Networks has 2 current directors:

The latest financial statements of Thirdwave H R and Networks on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Thirdwave H R and Networks is U74910KL2005PTC018042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thirdwave H R and Networks was incorporated on 23 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Thirdwave H R and Networks by revenue are Atomic Security Services Private Limited, Pranco Outsourcing Private Limited, Atp HR Tech Private Limited, Brick Force Consulting Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Kannath Sanku Sunilkumar ceased to be Managing Director on 01 Apr 2019. Kannath Sanku Sunilkumar was appointed as CEO on 01 Apr 2019. Thirunilath Vinayakumar was appointed as Director on 16 Oct 2017. Thirdwave H R and Networks has 5 board changes on record in total.

Yes, Thirdwave H R and Networks is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0014912).

Thirdwave H R and Networks can be reached through the website thirdwavehrd.com. Its registered office is in Ernakulam, Kerala, India.

The registered office of Thirdwave H R and Networks is at Door No. 40 9337 New No. 594516 3rd Floor Chackos Towers Padma Pulleppady Road, Ernakulam, Kerala, India – 682035.

Thirdwave H R and Networks operates in the business outsourcing industry, in the HR outsourcing and talent management segment.