About Walchand Peoplefirst Limited
Data last updated: 23 December 2025
Walchand Peoplefirst Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Walchand And Company Private Limited. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 06 July 1920, the company has been in operation for over 106 years.
Registered with ROC Mumbai under CIN L74140MH1920PLC000791. Listed on BSE: 501370.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹2.9 Cr. Formerly known as Walchand Capital Limited. It is led by directors including Pallavi Sanjay Jha and Sanjay Divakar Jha.
Last AGM: 31 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.47 Cr, a growth of 13% compared to the previous year.
The company has a workforce of approximately 59 employees as per the latest available data. It operates as a subsidiary of Walchand And Company Private Limited.
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.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address1St Floor Construction House 5 – Walchand Hirachand Marg Ballard Estat, E, Mumbai, Maharashtra, India – 400001
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IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Walchand Peoplefirst Limited
Walchand Peoplefirst Limited 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.
| CIN | Status |
|---|---|
| L74140MH1920PLC000791 | Current |
| L74110MH1920PLC000791 | Previous |
| L65993MH1920PLC000791 | Previous |
Associated Brands with Walchand Peoplefirst Limited
Walchand Peoplefirst Limited operates one associated brand: Walchand PeopleFirst. These brands represent Walchand Peoplefirst Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Audit and L&D consultancy services are provided across industries. | walchandpeoplefirst.com |
Competitors & Alternatives of Walchand Peoplefirst Limited
Brands and companies operating in the same space as Walchand Peoplefirst Limited include Orion Edutech, SkillSonics, Skill Pro and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Orion Edutech
|
Vocational training in hardware, networking, and management is provided. | Kolkata, India, India | 2006 |
SkillSonics
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Hard skills training services for technicians are provided. | Bengaluru, India, India | 2011 |
Skill Pro
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Employability training, technical skills, and placement solutions are delivered nationwide. | Hyderabad, India, India | 2008 |
Shiksha Dekho
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Provides comprehensive career counseling and quality education services for students. | Lucknow, India, India | 2019 |
SISTINDIA
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Offers safety training in fire, health, oil and gas, industrial, and construction safety programs. | Karimnagar, India, India | 2021 |
Computer Training Center Franchise
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Operates a chain of education centers offering multiple skill development training services. | Delhi, India, India | 2003 |
Business Activity of Walchand Peoplefirst Limited
Walchand Peoplefirst Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | ********* |
Auditor Details of Walchand Peoplefirst Limited
Walchand Peoplefirst Limited is audited by M/S. CNK & ASSOCIATES LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/S. CNK & ASSOCIATES LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Walchand Peoplefirst Limited
Walchand Peoplefirst Limited is currently managed by 9 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Pallavi Sanjay Jha
Also directs:
Walchand And Company Private Limited
|
Managing Director | 26 Jul 2007 | 18 Years 11 Months | Current |
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Sanjay Divakar Jha
Also directs:
Walchand And Company Private Limited
|
Whole-Time Director | 23 Sep 1999 | 26 Years 9 Months | Current |
| Joseph Andrew Jude Pereira | Director | 26 Oct 2020 | 5 Years 8 Months | Current |
| Jehangir Ardeshir | Director | 05 Feb 2019 | 7 Years 5 Months | Current |
| Holebasavanahalli Nagaraj Shrinivas | Director | 26 Oct 2018 | 7 Years 8 Months | Current |
Financials of Walchand Peoplefirst Limited FY 2026 filings available
Walchand Peoplefirst Limited reported revenue of ₹36.54 Cr (up 18.64% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹36.54 Cr | ₹30.8 Cr | ₹26.16 Cr | ₹20.2 Cr | ₹17.81 Cr | ₹8.82 Cr | ₹22.25 Cr | ₹25.48 Cr |
| Other Income | ₹2.25 Cr | ₹2.67 Cr | ₹3.45 Cr | ₹4.04 Cr | ₹1.62 Cr | ₹2.11 Cr | ₹2.09 Cr | ₹1.48 Cr |
| Total Income | ₹38.79 Cr | ₹33.47 Cr | ₹29.6 Cr | ₹24.24 Cr | ₹19.44 Cr | ₹10.93 Cr | ₹24.34 Cr | ₹26.95 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹17.38 Cr | ₹15.68 Cr | ₹13.15 Cr | ₹10.28 Cr | ₹9.24 Cr | ₹6.95 Cr | ₹13.82 Cr | ₹15.14 Cr |
| Finance Costs | ₹4.34 Lakh | ₹5.21 Lakh | ₹6.54 Lakh | ₹8.77 Lakh | ₹1.89 Lakh | ₹2.39 Lakh | ₹20.17 Lakh | ₹3.06 Lakh |
| Depreciation & Amortisation | ₹33.67 Lakh | ₹39.7 Lakh | ₹48.69 Lakh | ₹69.04 Lakh | ₹34.39 Lakh | ₹53.39 Lakh | ₹86.05 Lakh | ₹39.86 Lakh |
| Other Expenses | ₹16.49 Cr | ₹15.2 Cr | ₹11.36 Cr | ₹9.14 Cr | ₹7.12 Cr | ₹3.62 Cr | ₹8.45 Cr | ₹10.42 Cr |
| Total Expenses | ₹34.25 Cr | ₹31.33 Cr | ₹25.07 Cr | ₹20.2 Cr | ₹16.72 Cr | ₹11.13 Cr | ₹23.34 Cr | ₹25.98 Cr |
| Profit Before Exceptional Items & Tax | ₹4.54 Cr | ₹2.14 Cr | ₹4.54 Cr | ₹4.04 Cr | ₹2.72 Cr | -₹19.18 Lakh | ₹99.9 Lakh | ₹96.9 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹4.54 Cr | ₹2.14 Cr | ₹4.54 Cr | ₹4.04 Cr | ₹2.72 Cr | -₹19.18 Lakh | ₹99.9 Lakh | ₹96.9 Lakh |
| Total Tax Expense | ₹1.07 Cr | ₹33.77 Lakh | ₹1.12 Cr | ₹54.7 Lakh | ₹87.13 Lakh | -₹2.7 Lakh | ₹58.95 Lakh | ₹7.75 Lakh |
| Net Profit | ₹3.47 Cr | ₹1.8 Cr | ₹3.42 Cr | ₹3.5 Cr | ₹1.85 Cr | -₹16.48 Lakh | ₹40.95 Lakh | ₹89.15 Lakh |
| Other Comprehensive Income | ₹7.89 Lakh | ₹3.54 Lakh | -₹2.6 Lakh | ₹6.07 Lakh | ₹10.62 Lakh | ₹18.26 Lakh | -₹3.1 Lakh | -₹2.66 Lakh |
| Total Comprehensive Income | ₹3.55 Cr | ₹1.84 Cr | ₹3.39 Cr | ₹3.56 Cr | ₹1.95 Cr | ₹1.78 Lakh | ₹37.85 Lakh | ₹86.49 Lakh |
| EBITDA (computed) | ₹4.92 Cr | ₹2.59 Cr | ₹5.09 Cr | ₹4.82 Cr | ₹3.08 Cr | ₹36.6 Lakh | ₹2.06 Cr | ₹1.4 Cr |
| Basic EPS | ₹12.39 | ₹6.21 | ₹11.76 | ₹12.04 | ₹6.36 | ₹-0.57 | ₹1.41 | ₹3.07 |
| Diluted EPS | ₹12.39 | ₹6.21 | ₹11.76 | ₹11.62 | ₹6.36 | ₹-0.57 | ₹1.41 | ₹3.07 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹39.25 Cr | ₹34.1 Cr | ₹31.26 Cr | ₹28.27 Cr | ₹24.49 Cr | ₹20.65 Cr | ₹24.79 Cr | ₹22.86 Cr |
| Non-current Assets | ₹17.91 Cr | ₹18.92 Cr | ₹15.58 Cr | ₹12.24 Cr | ₹10.59 Cr | ₹2.68 Cr | ₹4.99 Cr | ₹9.46 Cr |
| Current Assets | ₹21.35 Cr | ₹15.18 Cr | ₹15.68 Cr | ₹16.02 Cr | ₹13.9 Cr | ₹17.96 Cr | ₹19.8 Cr | ₹13.4 Cr |
| Property, Plant & Equipment | ₹1.74 Cr | ₹1.79 Cr | ₹1.94 Cr | ₹2.24 Cr | ₹2.48 Cr | ₹1.62 Cr | ₹3.67 Cr | ₹1.9 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹5.08 Cr | ₹3.45 Cr | ₹3.63 Cr | ₹3.84 Cr | ₹2.46 Cr | ₹2.38 Cr | ₹4.59 Cr | ₹5.18 Cr |
| Cash & Equivalents | ₹3.38 Cr | ₹2.23 Cr | ₹3.28 Cr | ₹93.77 Lakh | ₹1.05 Cr | ₹73.29 Lakh | ₹91.01 Lakh | ₹1.61 Cr |
| Equity (Net Worth) | ₹30.6 Cr | ₹27.34 Cr | ₹25.79 Cr | ₹22.69 Cr | ₹19.5 Cr | ₹17.55 Cr | ₹17.53 Cr | ₹17.35 Cr |
| Equity Share Capital | ₹2.9 Cr | ₹2.9 Cr | ₹2.9 Cr | ₹2.9 Cr | ₹2.9 Cr | ₹2.9 Cr | ₹2.9 Cr | ₹2.9 Cr |
| Borrowings (Non-current) | ₹0 | ₹15.4 Lakh | ₹26.68 Lakh | ₹37 Lakh | ₹45.79 Lakh | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹15.4 Lakh | ₹11.28 Lakh | ₹10.32 Lakh | ₹9.41 Lakh | ₹9.71 Lakh | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹15.4 Lakh | ₹26.68 Lakh | ₹37 Lakh | ₹46.41 Lakh | ₹55.5 Lakh | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹7.93 Cr | ₹5.83 Cr | ₹4.57 Cr | ₹4.8 Cr | ₹3.76 Cr | ₹2.49 Cr | ₹5.04 Cr | ₹5.28 Cr |
| Total Liabilities | ₹8.65 Cr | ₹6.76 Cr | ₹5.47 Cr | ₹5.58 Cr | ₹4.99 Cr | ₹3.1 Cr | ₹7.26 Cr | ₹5.51 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹4.3 Cr | ₹22.85 Lakh | -₹29.44 Lakh | ₹34.75 Lakh | ₹3.64 Cr |
| Investing Cash Flow | -₹2.71 Cr | -₹82.8 Lakh | ₹3.06 Cr | ₹8.11 Lakh | -₹3.89 Cr |
| Financing Cash Flow | -₹44.66 Lakh | -₹44.57 Lakh | -₹42.52 Lakh | -₹53.64 Lakh | ₹55.5 Lakh |
| Capital Expenditure | ₹67.13 Lakh | ₹19.22 Lakh | ₹8.69 Lakh | ₹49.11 Lakh | ₹1.52 Cr |
| Free Cash Flow (computed) | ₹3.63 Cr | ₹3.63 Lakh | -₹38.13 Lakh | -₹14.36 Lakh | ₹2.12 Cr |
| Dividends Paid | ₹29.04 Lakh | ₹29.04 Lakh | ₹29.04 Lakh | ₹36.3 Lakh | ₹0 |
| Net Change in Cash | ₹1.15 Cr | -₹1.05 Cr | ₹2.34 Cr | -₹10.78 Lakh | ₹31.25 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹10.08 Cr | ₹9.24 Cr | ₹9.63 Cr | ₹7.58 Cr | ₹8.51 Cr | ₹8.23 Cr | ₹8.54 Cr | ₹5.51 Cr |
| Other Income | -₹24.64 Lakh | ₹79.49 Lakh | ₹43.34 Lakh | ₹1.27 Cr | ₹39.78 Lakh | ₹4.64 Lakh | ₹1.16 Cr | ₹1.06 Cr |
| Total Income | ₹9.83 Cr | ₹10.04 Cr | ₹10.07 Cr | ₹8.85 Cr | ₹8.91 Cr | ₹8.28 Cr | ₹9.7 Cr | ₹6.57 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.78 Cr | ₹4.16 Cr | ₹4.02 Cr | ₹4.42 Cr | ₹3.71 Cr | ₹4.03 Cr | ₹3.85 Cr | ₹4.09 Cr |
| Finance Costs | ₹1.01 Lakh | ₹1.04 Lakh | ₹1.14 Lakh | ₹1.15 Lakh | ₹1.2 Lakh | ₹1.25 Lakh | ₹1.39 Lakh | ₹1.36 Lakh |
| Depreciation & Amortisation | ₹9.51 Lakh | ₹8.76 Lakh | ₹7.91 Lakh | ₹7.49 Lakh | ₹9.91 Lakh | ₹10.28 Lakh | ₹10.42 Lakh | ₹9.09 Lakh |
| Other Expenses | ₹4.98 Cr | ₹3.99 Cr | ₹4.32 Cr | ₹3.21 Cr | ₹4.45 Cr | ₹3.93 Cr | ₹4.09 Cr | ₹2.73 Cr |
| Total Expenses | ₹9.86 Cr | ₹8.25 Cr | ₹8.44 Cr | ₹7.71 Cr | ₹8.28 Cr | ₹8.08 Cr | ₹8.05 Cr | ₹6.92 Cr |
| Profit Before Exceptional Items & Tax | -₹3.23 Lakh | ₹1.79 Cr | ₹1.63 Cr | ₹1.14 Cr | ₹63.41 Lakh | ₹19.97 Lakh | ₹1.65 Cr | -₹34.54 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.23 Lakh | ₹1.79 Cr | ₹1.63 Cr | ₹1.14 Cr | ₹63.41 Lakh | ₹19.97 Lakh | ₹1.65 Cr | -₹34.54 Lakh |
| Total Tax Expense | ₹4.57 Lakh | ₹43.87 Lakh | ₹42.81 Lakh | ₹15.43 Lakh | ₹27.91 Lakh | -₹2.14 Lakh | ₹20.78 Lakh | -₹12.8 Lakh |
| Net Profit | -₹7.8 Lakh | ₹1.35 Cr | ₹1.2 Cr | ₹99.05 Lakh | ₹35.5 Lakh | ₹22.11 Lakh | ₹1.44 Cr | -₹21.74 Lakh |
| Other Comprehensive Income | ₹6.5 Lakh | -₹54,000 | ₹97,000 | ₹97,000 | ₹5.7 Lakh | -₹72,000 | -₹72,000 | -₹72,000 |
| Total Comprehensive Income | -₹1.3 Lakh | ₹1.35 Cr | ₹1.21 Cr | ₹1 Cr | ₹41.2 Lakh | ₹21.39 Lakh | ₹1.44 Cr | -₹22.46 Lakh |
| EBITDA (computed) | ₹7.29 Lakh | ₹1.89 Cr | ₹1.72 Cr | ₹1.23 Cr | ₹74.52 Lakh | ₹31.5 Lakh | ₹1.77 Cr | -₹24.09 Lakh |
| Basic EPS | ₹0.17 | ₹4.67 | ₹4.14 | ₹3.41 | ₹1.22 | ₹0.76 | ₹4.97 | ₹-0.75 |
| Diluted EPS | ₹0.17 | ₹4.67 | ₹4.14 | ₹3.41 | ₹1.22 | ₹0.76 | ₹4.97 | ₹-0.75 |
Shareholding Pattern of Walchand Peoplefirst Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 57.56%, domestic institutional investors hold 0.32%, retail and other public shareholders hold 42.11% of Walchand Peoplefirst Limited. The company had 4,411 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 57.56% | 57.56% | 57.56% | 57.56% | 57.56% | 57.56% |
| Public | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 57.56% | 57.56% | 57.41% |
| Public | 42.44% | 42.44% | 42.59% |
| Promoter change (YoY, %pts) | +0.00 | +0.15 | - |
Charges & Borrowings of Walchand Peoplefirst Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2025 | Hdfc Bank Limited | ₹1.79 Lakh | Open |
| 09 Apr 2025 | Hdfc Bank Limited | ₹76,000 | Open |
| 09 Apr 2025 | Hdfc Bank Limited | ₹85,800 | Open |
| 14 Mar 2022 | Others | ₹55.5 Lakh | Open |
| 08 Sep 2023 | Hdfc Bank Limited | ₹18.11 Lakh | Satisfied |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Walchand Peoplefirst Limited
Walchand Peoplefirst Limited has a workforce of 59 employees as of Apr 08, 2024.
Employee Count & EPFO Data of Walchand Peoplefirst Limited
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GST Compliance of Walchand Peoplefirst Limited
GSTIN & GST Filing Data of Walchand Peoplefirst Limited
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Credit Ratings, Litigation & Regulatory Alerts for Walchand Peoplefirst Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Walchand Peoplefirst Limited
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MSME Payment Delays by Walchand Peoplefirst Limited
MSME Payment Delays by Walchand Peoplefirst Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Walchand Peoplefirst Limited
Subsidiaries & Group Companies of Walchand Peoplefirst Limited
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MCA Filings & Documents of Walchand Peoplefirst Limited
MCA Filings & Documents of Walchand Peoplefirst Limited
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Recent Activity on Walchand Peoplefirst Limited
Frequently Asked Questions about Walchand Peoplefirst Limited
Walchand Peoplefirst Limited is an active public limited company in the business outsourcing sector based in Mumbai, Maharashtra, India. It was incorporated on 06 July 1920 (106+ years old) and is registered under CIN L74140MH1920PLC000791. Listed on BSE: 501370. The company has 59 employees.
Walchand Peoplefirst Limited reported revenue of ₹33.47 Cr for FY 2025 (up 13.00% YoY).
The current directors of Walchand Peoplefirst Limited are:
- Pallavi Sanjay Jha
- Sanjay Divakar Jha
- Joseph Andrew Jude Pereira
- Jehangir Ardeshir
- Shruthi Manoj Patni
- Holebasavanahalli Nagaraj Shrinivas
- Nachiket Sudhir Sohani
- Deepak Kumar Nayak
- Shruthi Patni
The primary industry of Walchand Peoplefirst Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.
Yes. Walchand Peoplefirst Limited is listed on BSE with code 501370.
Walchand Peoplefirst Limited can be reached at the registered office: 1St Floor Construction House 5 – Walchand Hirachand Marg Ballard Estat, E, Mumbai, Maharashtra, India – 400001, or through the website walchandpeoplefirst.com.