MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0046579
Tristar Management Services Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.32 Cr
▲ 8% YoY
Net profit · FY 2025
₹2.18 Cr
Net margin 4.1%
EBITDA · FY 2025
₹3.88 Cr
EBITDA margin 7.3%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹40.35 Cr
Satisfied ₹3.68 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Tristar Management Services Private Limited
Data last updated:
Tristar Management Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2009PTC192198. Its GSTIN is 27AADCT2068D1ZI (Maharashtra).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Prerna Hitesh Joshi and Hiteish Veljibhai Joshi.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. 812 8th Floor Ghanshyam Enclave Gandhi Nagar Link Road Kandivali (W), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.32 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Cr (net margin 4.1%) and EBITDA of ₹3.88 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 31% over five years.
The company is associated with 1 brand: Tristar Consulting. As per MCA filings, the company has open charges of ₹40.35 Cr and satisfied charges of ₹3.68 Cr on record.
Tristar Management Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0046579). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thetristargroups.com.
Company details
CIN U74999MH2009PTC192198
Registration Number 192198
Incorporation Date 05 May 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0046579
Key People
Prerna Hitesh Joshi Director Hiteish Veljibhai Joshi Director Samson Chacko Additional Director Recognitions & Rankings of Tristar Management Services
Contact details
Tristar Management Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is thetristargroups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 812 8th Floor Ghanshyam Enclave Gandhi Nagar Link Road Kandivali (W), Mumbai, Maharashtra, India – 400067
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Tristar Management Services Private Limited, buy the company report.
Comprehensive company report
Tristar Management Services 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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Brands
Tristar Management Services operates one associated brand: Tristar Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Human resource outsourcing services are provided by Tristar Consulting. | thetristargroups.com |
Business activity
The main business activity of Tristar Management Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Tristar Management Services Private Limited, buy the company report.
Financials of Tristar Management Services Private Limited
FY 2024 filings availableTristar Management Services Private Limited reported revenue of ₹53.32 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹53.32 Cr ▲ 8%
Net profit · FY 2025
₹2.18 Cr margin 4.1%
EBITDA · FY 2025
₹3.88 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 29%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 46%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 8% growth in the latest year. EBITDA rose 71% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Tristar Management Services Private Limited, buy the company report.
Board of directors of Tristar Management Services Private Limited
Tristar Management Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prerna Hitesh Joshi | Director | 01 Jan 2019 | 7 Years 10 Months | Current |
| Hiteish Veljibhai Joshi Also directs: CBXM International LLP, Eleni Consumers Private Limited, Tierra Insurance Broking Private Limited and 3 more | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Samson Chacko | Additional Director | 12 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Tristar Management Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MSD Multi Services Private Limited | ₹53.74 Cr (FY 2024) | 408.0% | Chennai, Tamil Nadu, India | |||
| Shiva HR Solutions Private Limited | ₹53.58 Cr (FY 2024) | 8.0% | Bhiwadi, Rajasthan, India | |||
| Good Time Management Services Private Limited | ₹53.33 Cr (FY 2017) | 115.0% | Greater Noida, Uttar Pradesh, India | |||
| Tristar Management Services Private Limitedthis company | ₹53.32 Cr (FY 2025) | ₹2.18 Cr | 4.1% | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tristar Management Services Private Limited, buy the company report.
Auditor
Tristar Management Services Private Limited is audited by Purvi Gandhi and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Purvi Gandhi and Associates | FY 2023 | 145052W |
Shareholding
The shareholding of Tristar Management Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tristar Management Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.35 Cr
Satisfied charges
₹3.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2025 | 101210760 | Others | ₹20 Cr | Open | |
| 30 Jan 2024 | 100857410 | Yes Bank Limited | ₹2 Cr | Open | |
| 20 Jul 2023 | 100756416 | Yes Bank Limited | ₹18.35 Cr | Open | |
| 10 Aug 2020 | 100360663 | Others | ₹38 Lakh | Satisfied | |
| 09 Jul 2018 | 100215038 | Others | ₹1.3 Cr | Satisfied |
To see the full charge records of Tristar Management Services Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Tristar Management Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Tristar Management Services Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 39 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Asti Infotech Private Limited | |||
| Zustar Multitrade Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Tristar Management Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tristar Management Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT2068D1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tristar Management Services Private Limited, buy the company report.
Recent activity
Tristar Management Services Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Samson Chacko was appointed as Additional Director on 12 Dec 2025.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101210760 was registered on 19 Dec 2025.
Appointed
Samson Chacko was appointed as Additional Director.
AGM
Tristar Management Services Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Charges
A charge with Yes Bank Limited of Rs. 18.35 Cr registered on 20 Jul 2023 with Charge ID 100756416 was modified on 24 Sep 2024.
Filing
Tristar Management Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100857410 was registered on 30 Jan 2024.
Charges
A charge registered on 10 Aug 2020 via Charge ID 100360663 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge registered on 25 May 2018 via Charge ID 100184274 with Others was fully satisfied on 05 Jan 2024.
Charges
A charge registered on 09 Jul 2018 via Charge ID 100215038 with Others was fully satisfied on 23 Aug 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 18.35 Cr with Charge ID 100756416 was registered on 20 Jul 2023.
Appointed
Hiteish Veljibhai Joshi was appointed as Director.
Ceased
Krupa Jay Joshi ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Tristar Management Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 05 May 2009 (17+ years old) and is registered under CIN U74999MH2009PTC192198.
Tristar Management Services has 3 current directors:
- Prerna Hitesh Joshi - Director
- Hiteish Veljibhai Joshi - Director
- Samson Chacko - Additional Director
The latest financial statements of Tristar Management Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Tristar Management Services is 27AADCT2068D1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tristar Management Services is U74999MH2009PTC192198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tristar Management Services was incorporated on 05 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tristar Management Services by revenue are MSD Multi Services Private Limited, Shiva HR Solutions Private Limited, Good Time Management Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).
Samson Chacko was appointed as Additional Director on 12 Dec 2025. Hiteish Veljibhai Joshi was appointed as Director on 17 Jan 2022. Krupa Jay Joshi ceased to be Director on 17 Jan 2022. Tristar Management Services has 10 board changes on record in total.
Yes, Tristar Management Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0046579).
Tristar Management Services has 4 MSME Form 1 returns on record between 2019 and 2024, listing 39 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Tristar Management Services can be reached through the website thetristargroups.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tristar Management Services is at Unit No. 812 8th Floor Ghanshyam Enclave Gandhi Nagar Link Road Kandivali W, Mumbai, Maharashtra, India – 400067.
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