Weavings Manpower Solutions Private Limited

Weavings Manpower Solutions Private Limited - business outsourcing in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U93090MH2010PTC210028 Incorporated 13 November 2010 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹324.52 Cr
▲ 23% YoY
Net loss · FY 2025
₹1.97 Cr
Net margin -0.6%
EBITDA · FY 2025
-₹1.23 Cr
EBITDA margin -0.4%
Authorised capital
₹43.5 Cr
Registered with MCA
Paid-up capital
₹39.82 Cr
Issued & subscribed
Open charges
₹25.5 Cr
Satisfied ₹30 Lakh
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Weavings Manpower Solutions Private Limited

Data last updated:

Weavings Manpower Solutions Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Planet Foods Pte Ltd. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 November 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2010PTC210028. Its GSTIN is 27AABCW0303L1ZI (Maharashtra). The company holds 14 GST registrations, of which 13 are active.

The company has an authorised share capital of ₹43.5 Cr and a paid-up capital of ₹39.82 Cr. It is led by directors Ashish Talwar (Managing Director) and Radhakrishna Raju Shete.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Radhakrishna House Majiwade Village Road Majiwade Thane (, West), Maharashtra, India – 400601.

As per the financials filed for FY 2025, the company reported a revenue of ₹324.52 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -0.6%) and EBITDA of -₹1.23 Cr (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 15% over five years.

The company is associated with 1 brand: Weavings. As per MCA filings, the company has open charges of ₹25.5 Cr and satisfied charges of ₹30 Lakh on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 2 cases are pending. The company has 10 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹46.95 Cr; the latest was in December 2023. Its 5 peer companies in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 2 larger and 3 smaller; the largest is Karnataka State Electronic Development Corporation Limited with revenue of ₹352.06 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weavings.in.

Company details

CIN U93090MH2010PTC210028
Registration Number 210028
Incorporation Date 13 November 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Planet Foods Pte Ltd
Compliance Status Active Compliant

Contact details

Weavings Manpower Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is weavings.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Radhakrishna House Majiwade Village Road Majiwade Thane (, West), Maharashtra, India – 400601
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Weavings Manpower Solutions Private Limited, buy the company report.

Comprehensive company report
Weavings Manpower Solutions 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

Weavings Manpower Solutions operates one associated brand: Weavings. Each brand links to its own profile.

BrandDescriptionWebsite
Recruitment and vendor services are provided by Weavings.weavings.in

Business activity

The main business activity of Weavings Manpower Solutions 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 Weavings Manpower Solutions Private Limited, buy the company report.

Financials of Weavings Manpower Solutions Private Limited

FY 2025 filings available

Weavings Manpower Solutions Private Limited reported revenue of ₹324.52 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹324.52 Cr ▲ 23%
Net loss · FY 2025
₹1.97 Cr margin -0.6%
EBITDA · FY 2025
-₹1.23 Cr margin -0.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 14%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▼ 63%
5 years · compounded
▼ 24%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 23% growth in the latest year. EBITDA rose 25% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹1.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.97 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.4%
Net Profit Margin-0.6%
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 Weavings Manpower Solutions Private Limited, buy the company report.

Board of directors of Weavings Manpower Solutions Private Limited

Weavings Manpower Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Radhakrishna Raju SheteDirector28 Jan 201313 Years 8 MonthsCurrent
Ashish TalwarManaging Director19 Jan 20179 Years 9 MonthsCurrent

Peer comparison

Weavings Manpower Solutions Private Limited is compared with the 5 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
Karnataka State Electronic Development Corporation Limited₹352.06 Cr (FY 2024)-40.0%Bangalore, Karnataka, India
SHL (India) Private Limited₹338.27 Cr (FY 2025)9.0%Mumbai, Maharashtra, India
Weavings Manpower Solutions Private Limitedthis company₹324.52 Cr (FY 2025)-₹1.97 Cr-0.6%23.0%Thane, Maharashtra, India
HLF Services Limited₹317.77 Cr (FY 2025)23.0%Chennai, Tamil Nadu, India
Integrated Personnel Services Limited₹316.82 Cr (FY 2025)29.0%Mumbai, Maharashtra, India
Eteam Infoservices Private Limited₹310.75 Cr (FY 2025)17.0%Mumbai, Maharashtra, India

To see the full peer comparison of Weavings Manpower Solutions Private Limited, buy the company report.

Auditor

Weavings Manpower Solutions Private Limited is audited by NKR & Co for the financial year 2024.

Auditor firmFinancial yearFirm registration number
NKR & CoFY 2024127820W

Shareholding

The shareholding of Weavings Manpower Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Weavings Manpower Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25.5 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Others₹15.00 Cr
Hdfc Bank Limited₹10.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Aug 2025101163072Hdfc Bank Limited₹50 LakhOpen
07 Oct 2021100504319Hdfc Bank Limited₹10 CrOpen
29 Oct 201410535756Others₹15 CrOpen
29 May 201510577779Thane Bharat Sahakari Bank Limited₹30 LakhSatisfied

To see the full charge records of Weavings Manpower Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Weavings Manpower Solutions Private Limited has 10 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹46.95 Cr; the latest was in December 2023.

Total deals
10
Funding rounds
5
Rights issues
3
Secondary share transfers
2
Disclosed funding
₹46.95 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Dec 2023Funding round₹27 CrInvestors: Gruhas
Jul 2018Funding round₹6 CrInvestors: Radhakrishna Foodland Private Limited
Mar 2017Rights issue₹7.21 CrInvestors: Planet Food Pte Limited
Mar 2016Rights issue₹2.04 CrInvestors: Planet Food Pte Limited
Mar 2016Funding round₹1 CrInvestors: Planet Food Pte Limited

To see the full deal history of Weavings Manpower Solutions Private 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 Weavings Manpower Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Weavings Manpower Solutions has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
14
Active
13
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCW0303L1ZIMaharashtraActive01 Jul 2017
04AABCW0303L1ZQChandigarhActive01 Jul 2017
06AABCW0303L1ZMHaryanaActive01 Jul 2017
09AABCW0303L1ZGUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Weavings Manpower Solutions Private Limited, buy the company report.

Recent activity

Weavings Manpower Solutions Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Indranil Roy Choudhury ceased to be Director on 19 Jan 2018.

AGM
Weavings Manpower Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 15.00 Cr registered on 29 Oct 2014 with Charge ID 10535756 was modified on 19 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101163072 was registered on 21 Aug 2025.
Filing
Weavings Manpower Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100504319 was registered on 07 Oct 2021.
Ceased
Indranil Roy Choudhury ceased to be Director.
Appointed
Ashish Talwar was appointed as Managing Director.
Ceased
Ashish Talwar ceased to be Additional Director.
Charges
A charge registered on 29 May 2015 via Charge ID 10577779 with Thane Bharat Sahakari Bank Limited was fully satisfied on 29 Feb 2016.
Charges
A charge with Thane Bharat Sahakari Bank Limited amounted to Rs. 0.30 Cr with Charge ID 10577779 was registered on 29 May 2015.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 10535756 was registered on 29 Oct 2014.
Ceased
Hitesh Bharatkumar Reshamwala ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Weavings Manpower Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 November 2010 (16+ years old) and is registered under CIN U93090MH2010PTC210028.

Weavings Manpower Solutions has 2 current directors:

The latest financial statements of Weavings Manpower Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Weavings Manpower Solutions is 27AABCW0303L1ZI, registered in Maharashtra. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 04AABCW0303L1ZQ (Chandigarh), 06AABCW0303L1ZM (Haryana), 09AABCW0303L1ZG (Uttar Pradesh).

The CIN (Corporate Identification Number) of Weavings Manpower Solutions is U93090MH2010PTC210028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Weavings Manpower Solutions has 10 court cases on record: 5 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.

Weavings Manpower Solutions was incorporated on 13 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Weavings Manpower Solutions has 10 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹46.95 Cr; the latest was in December 2023.

The peers of Weavings Manpower Solutions by revenue are Karnataka State Electronic Development Corporation Limited, SHL (India) Private Limited, HLF Services Limited, Integrated Personnel Services Limited, Eteam Infoservices Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Indranil Roy Choudhury ceased to be Director on 19 Jan 2018. Ashish Talwar was appointed as Managing Director on 19 Jan 2017. Ashish Talwar ceased to be Additional Director on 19 Jan 2017. Weavings Manpower Solutions has 9 board changes on record in total.

Weavings Manpower Solutions can be reached through the website weavings.in. Its registered office is in Thane, Maharashtra, India.