Walchand Peoplefirst Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L74140MH1920PLC000791 Incorporated 06 July 1920 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 501370 Public Limited Company business outsourcing MSME · Small
Data last updated
Market Cap
₹33.24 Cr
WALCHPF · BSE
Share Price
₹114.90
+0.39% today
Revenue
₹11.79 Cr
FY 2008-09
EBITDA
−₹2.70 Cr
Margin -22.9%
Net Profit
−₹3.52 Cr
FY 2008-09
Debt / Equity
1.55
Interest cover -5.7x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹2.9 Cr
Issued & subscribed

About Walchand Peoplefirst Limited

Data last updated:

Walchand Peoplefirst Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Walchand And Company Private Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 06 July 1920 and has been in existence for over 106 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74140MH1920PLC000791. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 501370.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹2.9 Cr. It was formerly known as Walchand Capital Limited. It is led by directors including Pallavi Sanjay Jha (Managing Director) and Sanjay Divakar Jha (Whole-Time Director).

Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹36.54 Cr, a growth of 18.6% compared to the previous year. For the same year it recorded a net profit of ₹3.46 Cr (net margin 9.5%) and EBITDA of ₹2.66 Cr (EBITDA margin 7.3%). The net worth stands at ₹30.59 Cr (up 11.9% YoY). Total assets are valued at ₹31.47 Cr (up 10.8% YoY).

The company has about 59 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Walchand PeopleFirst. As per MCA filings, the company has open charges of ₹58.91 Lakh and satisfied charges of ₹7.3 Cr on record. Court records list 29 cases involving the company, including 23 filed by the company and 6 filed against it; 3 cases are pending. The company has 15 deals on record (15 market trades); the latest was in September 2024.

Walchand Peoplefirst Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0009768). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website walchandpeoplefirst.com.

Company details

CIN L74140MH1920PLC000791
Registration Number 000791
Incorporation Date 06 July 1920
ROC Mumbai
Listing Status Listed - Listed on BSE (501370)
Company Status Active
Date of Last AGM 31 July 2025
Date of Balance Sheet 31 March 2026
Parent Company Walchand And Company Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0009768

CIN history

Walchand Peoplefirst has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140MH1920PLC000791, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74140MH1920PLC000791Current
L74110MH1920PLC000791Previous
L65993MH1920PLC000791Previous

Recognitions & Rankings of Walchand Peoplefirst

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0009768

Contact details

Walchand Peoplefirst Limited's registered office is in Mumbai, Maharashtra. Its website is walchandpeoplefirst.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1st Floor Construction House 5 – Walchand Hirachand Marg Ballard Estat, E, Mumbai, Maharashtra, India – 400001
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Walchand Peoplefirst Limited, buy the company report.

Comprehensive company report
Walchand Peoplefirst 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

Walchand Peoplefirst operates one associated brand: Walchand PeopleFirst. Each brand links to its own profile.

BrandDescriptionWebsite
Audit and L&D consultancy services are provided across industries.walchandpeoplefirst.com

Business activity

The main business activity of Walchand Peoplefirst is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Walchand Peoplefirst Limited, buy the company report.

Financials of Walchand Peoplefirst Limited

FY 2025-26 filings available

Walchand Peoplefirst Limited reported revenue of ₹36.54 Cr (up 18.6% YoY) for FY 2025-26.

Financial Highlights

FY 2008-09 · Consolidated
Revenue
₹11.79 Cr
EBITDA
−₹2.70 Cr
Profit After Tax
−₹3.52 Cr
Net Worth
₹7.00 Cr
Total Assets
₹9.25 Cr
Total Debt
₹1.84 Cr

Financial summary ₹ Cr

MetricsFY 2008-09
Income statement
Revenue11.79
EBITDA(2.70)
EBITDA margin-22.9%
Profit before tax(2.01)
Net profit(3.52)
Net profit margin-29.9%
EPS (₹)0.00
Balance sheet
Total assets9.25
Net worth7.00
Total debt1.84
Cash & bank0.46
Net working capital2.28
Cash flow
Cash from operations22.19
Cash from investing0.76
Cash from financing(23.06)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue36.5430.8026.1620.2017.818.8222.25
Revenue growth+18.6%+17.7%+29.5%+13.4%+101.9%-60.4%-
EBITDA2.66(0.08)1.650.781.46(1.75)(0.02)
EBITDA margin+7.3%-0.3%+6.3%+3.9%+8.2%-19.8%-0.1%
Profit before tax4.532.144.544.042.72(0.19)1.01
Net profit3.461.803.283.491.86(0.17)0.42
Net profit margin+9.5%+5.8%+12.5%+17.3%+10.4%-1.9%+1.9%
EPS (₹)11.956.2111.7612.046.36(0.57)1.41
Balance sheet
Total assets31.4728.3926.7923.5720.8318.1619.75
Net worth30.5927.3425.7922.6919.4917.5417.52
Total debt0.150.270.370.460.560.000.00
Cash & bank14.4110.1810.7611.3110.9411.719.50
Net working capital13.589.4611.2111.2810.2512.159.72
Cash flow
Cash from operations4.300.23(0.29)0.393.640.970.75
Cash from investing(2.71)(0.83)3.060.04(3.89)(1.13)(1.36)
Cash from financing(0.45)(0.45)(0.43)(0.54)0.56(0.02)(0.02)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.209.5110.089.249.637.588.518.23
Revenue growth (YoY)+5.9%+25.5%+18.5%+12.3%+12.8%+37.6%--
Other income0.381.35(0.25)0.790.431.270.400.05
Total expenses8.838.319.768.158.357.628.177.96
EBITDA1.371.200.321.091.28(0.04)0.340.27
EBITDA margin+13.4%+12.6%+3.2%+11.8%+13.3%-0.5%+4.0%+3.3%
Depreciation0.100.080.100.090.080.070.100.10
Interest0.010.010.010.010.010.010.010.01
Profit before tax1.642.46(0.04)1.781.621.150.630.21
Tax0.540.440.050.440.430.150.28(0.02)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsFY 2008-09
Revenue11.79
Other income1.49
Total expenses14.49
Employee cost6.49
EBITDA(2.70)
EBITDA margin-22.9%
Depreciation0.61
Interest0.19
Profit before tax(2.01)
Tax1.52
Net profit(3.52)
Net profit margin-29.9%
EPS (₹)0.00
ParticularsFY 2008-09
Equity & liabilities
Share capital2.85
Reserves & surplus4.15
Shareholders' funds (net worth)7.00
Minority interest0.41
Secured loans1.51
Unsecured loans0.33
Total debt1.84
Total liabilities9.25
Assets
Gross block6.97
Net block4.16
Capital work in progress0.00
Investments2.53
Inventories0.00
Sundry debtors1.36
Cash & bank balances0.46
Loans & advances7.38
Total current assets9.20
Total current liabilities6.92
Net working capital2.28
Total assets9.25
ParticularsFY 2008-09
Opening cash0.57
Net cash from operating activities22.19
Net cash from investing activities0.76
Net cash from financing activities(23.06)
Net change in cash(0.11)
Closing cash0.46
ParticularsFY 2008-09
Growth
PBT growth+9997.0%
Profitability & leverage
Net income margin-29.9%
Return on capital employed0.0%
Return on net worth0.0%
Debt / equity1.55
Long-term debt / equity1.52
Interest cover-5.74
Efficiency & per share
Fixed asset turnover1.67
Inventory turnover0.00
Debtors turnover6.96
EPS (₹)0.00
Dividend per share (₹)0.00
Book value per share (₹)245.61
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.209.5110.089.249.637.588.518.23
Revenue growth (YoY)+5.9%+25.5%+18.5%+12.3%+12.8%+37.6%--
Other income0.381.35(0.25)0.790.431.270.400.05
Total expenses8.838.319.768.158.357.628.177.96
EBITDA1.371.200.321.091.28(0.04)0.340.27
EBITDA margin+13.4%+12.6%+3.2%+11.8%+13.3%-0.5%+4.0%+3.3%
Depreciation0.100.080.100.090.080.070.100.10
Interest0.010.010.010.010.010.010.010.01
Profit before tax1.642.46(0.04)1.781.621.150.630.21
Tax0.540.440.050.440.430.150.28(0.02)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue36.5430.8026.1620.2017.818.8222.25
Revenue growth+18.6%+17.7%+29.5%+13.4%+101.9%-60.4%-
Other income2.252.673.454.041.622.112.09
Total expenses33.8830.8824.5119.4216.3510.5722.27
Employee cost17.3815.6813.1510.289.246.9513.82
EBITDA2.66(0.08)1.650.781.46(1.75)(0.02)
EBITDA margin+7.3%-0.3%+6.3%+3.9%+8.2%-19.8%-0.1%
Depreciation0.340.400.490.690.340.530.86
Interest0.040.050.070.090.020.020.20
Profit before tax4.532.144.544.042.72(0.19)1.01
Tax1.070.341.120.540.87(0.02)0.59
Net profit3.461.803.283.491.86(0.17)0.42
Net profit margin+9.5%+5.8%+12.5%+17.3%+10.4%-1.9%+1.9%
EPS (₹)11.956.2111.7612.046.36(0.57)1.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital2.902.902.902.902.902.902.90
Reserves & surplus27.6924.4422.8919.7916.5914.6414.62
Shareholders' funds (net worth)30.5927.3425.7922.6919.4917.5417.52
Secured loans0.150.270.370.460.560.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.150.270.370.460.560.000.00
Total liabilities31.4728.3926.7923.5720.8318.1619.75
Assets
Gross block5.375.215.065.034.713.706.20
Net block1.791.912.132.522.761.833.99
Capital work in progress0.520.000.000.000.020.000.00
Investments7.557.695.482.973.010.000.00
Inventories0.000.000.000.000.000.000.00
Sundry debtors5.083.453.633.842.462.384.59
Cash & bank balances14.4110.1810.7611.3110.9411.719.50
Loans & advances1.861.551.290.870.510.550.66
Total current assets21.3515.1815.6816.0213.9114.6414.75
Total current liabilities7.775.724.474.743.662.495.03
Net working capital13.589.4611.2111.2810.2512.159.72
Total assets31.4728.3926.7923.5720.8318.1619.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.233.280.941.050.730.911.53
Net cash from operating activities4.300.23(0.29)0.393.640.970.75
Net cash from investing activities(2.71)(0.83)3.060.04(3.89)(1.13)(1.36)
Net cash from financing activities(0.45)(0.45)(0.43)(0.54)0.56(0.02)(0.02)
Net change in cash1.15(1.05)2.34(0.11)0.31(0.18)(0.62)
Closing cash14.4110.1810.7611.3110.9411.719.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.6%+17.7%+29.5%+13.4%+101.9%-60.4%-
EBITDA growth+3425.0%-104.9%+111.5%-46.6%+183.4%-8650.0%-
PBT growth+111.7%-52.9%+12.4%+48.5%+9998.0%-+4.1%
Net income growth+92.2%-45.1%-6.0%+87.6%+1194.1%-140.5%-
Revenue CAGR (3Y)+21.8%+20.0%+43.7%-3.2%-11.3%-31.0%-1.4%
EBITDA CAGR (3Y)+50.5%------
Profitability & leverage
Net income margin+9.5%+5.8%+13.1%+17.3%+10.4%-1.9%+1.9%
Return on capital employed+15.3%+7.9%+18.3%+18.7%+14.1%-0.9%+6.4%
Return on net worth+12.0%+6.8%+14.1%+16.6%+10.0%-0.9%+2.4%
Debt / equity0.010.010.020.020.010.000.00
Long-term debt / equity0.000.010.010.020.010.000.00
Interest cover1.72-10.426.03100.001.79-0.88-22.73
Efficiency & per share
Fixed asset turnover6.916.005.194.154.241.784.54
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover8.578.707.006.417.362.534.55
EPS (₹)11.956.2111.7612.046.36(0.57)1.41
Dividend per share (₹)1.001.001.001.001.250.000.00
Book value per share (₹)105.3794.1588.8278.1467.1460.4260.36

To see the full year-wise statements and ratios of Walchand Peoplefirst Limited, buy the company report.

Board of directors of Walchand Peoplefirst Limited

Walchand Peoplefirst has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Holebasavanahalli Nagaraj ShrinivasDirector26 Oct 20188 Years 0 MonthsCurrent
Joseph Andrew Jude PereiraDirector26 Oct 20206 Years 0 MonthsCurrent
Pallavi Sanjay JhaManaging Director26 Jul 200719 Years 3 MonthsCurrent
Sanjay Divakar JhaWhole-Time Director23 Sep 199927 Years 1 MonthsCurrent
Jehangir ArdeshirDirector05 Feb 20197 Years 8 MonthsCurrent

Auditor

Walchand Peoplefirst Limited is audited by CNK & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CNK & Associates LLPFY 2023101961W/W-100036

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 57.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 42.10%.

Promoters: 57.60%DII (Domestic Institutional): 0.30%Retail & Others: 42.10%
Mar 2026
QUARTER
57.60% Promoters
0.30% DII (Domestic Institutional)
42.10% Retail & Others
Promoter holding - history
Now 57.60% · Mar 2026High 57.60% · Jun 2025Low 57.60% · Jun 2025
56%56.8%57.5%58.3%59%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 57.60%Sep 2025: 57.60%Dec 2025: 57.60%Mar 2026: 57.60%57.60%57.60%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters57.60%57.60%57.60%57.60%
Public42.40%42.40%42.40%42.40%

Charges & borrowings

Open charges
₹58.91 Lakh
Satisfied charges
₹7.3 Cr
Breakdown by lending institutions
Others₹0.56 Cr
Hdfc Bank Limited₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2025101183547Hdfc Bank Limited₹1.79 LakhOpen
09 Apr 2025101088013Hdfc Bank Limited₹85,800Open
09 Apr 2025101088016Hdfc Bank Limited₹76,000Open
14 Mar 2022100555796Others₹55.5 LakhOpen
08 Sep 2023100785270Hdfc Bank Limited₹18.11 LakhSatisfied

To see the full charge records of Walchand Peoplefirst Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Walchand Peoplefirst Limited has 15 deals on record (15 market trades); the latest was in September 2024.

Total deals
15
Market trades
15

Deals on record (5 of 15)

WhenDealAmountParties
Sep 2024Market trade₹32 LakhSeller: an individual
Sep 2024Market trade₹50.8 LakhSeller: an individual
Jul 2024Market trade₹61.5 LakhSeller: Mohan Deep Chandiramani Huf
Nov 2021Market trade₹47.8 LakhBuyer: an individual
Jun 2009Market trade₹21.7 LakhSeller: Walchand and Company Private Limited

To see the full deal history of Walchand Peoplefirst Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Walchand Peoplefirst Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Walchand Peoplefirst Limited has a workforce of 59 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
59
Active EPFO establishments
1
Employee growth
28.26%

GST

Walchand Peoplefirst has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Walchand Peoplefirst Limited, buy the company report.

Recent activity

Walchand Peoplefirst Limited has 29 board changes on record since 1999: 17 appointments and 12 cessations. The latest: Kajal Sagar Rakholiya ceased to be Company Secretary on 30 Apr 2024.

Filing
Walchand Peoplefirst Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited of Rs. 0.02 Cr registered on 29 Oct 2025 with Charge ID 101183547 was modified on 18 Dec 2025.
Charges
A charge registered on 08 Sep 2023 via Charge ID 100785270 with Hdfc Bank Limited was fully satisfied on 05 Dec 2025.
Charges
A charge registered on 01 Aug 2023 via Charge ID 100764566 with Hdfc Bank Limited was fully satisfied on 05 Dec 2025.
Charges
A charge registered on 02 Nov 2021 via Charge ID 100502232 with Hdfc Bank Limited was fully satisfied on 05 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.02 Cr with Charge ID 101183547 was registered on 29 Oct 2025.
AGM
Walchand Peoplefirst Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 101088013 was registered on 09 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 101088016 was registered on 09 Apr 2025.
Ceased
Kajal Sagar Rakholiya ceased to be Company Secretary.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100785270 was registered on 08 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100764566 was registered on 01 Aug 2023.

49 earlier events are in the company report.

Frequently asked questions

Walchand Peoplefirst is an active public 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 06 July 1920 (106+ years old) and is registered under CIN L74140MH1920PLC000791. Listed on BSE: 501370.

Walchand Peoplefirst reported revenue of ₹36.54 Cr for FY 2025-26 (up 18.6% YoY) based on standalone financials.

Walchand Peoplefirst has 5 current directors:

The latest financial statements of Walchand Peoplefirst on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.

No. Walchand Peoplefirst has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Walchand Peoplefirst is L74140MH1920PLC000791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Walchand Peoplefirst is a listed company as per MCA records. Its shares are listed on BSE (code: 501370).

Walchand Peoplefirst has 29 court cases on record: 23 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.

Walchand Peoplefirst was incorporated on 06 July 1920, making it 106+ years old. It is registered with the Registrar of Companies, Mumbai.

Walchand Peoplefirst has 15 deals on record (15 market trades); the latest was in September 2024.