About Xecute HR Solutions Private Limited
Data last updated:
Xecute HR Solutions Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 May 2009.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2009PTC190295. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹16.95 Lakh. It is led by directors Sathi Mitra and Koustuv Mitra.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No.18 Office No.205 First Floor Vinayak Complex Veer Savarkar Block Sh, Akarpur, Delhi, India – 110092.
As per the financials filed for FY 2018, the company reported a revenue of ₹73.02 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹84.24 Lakh (net margin 1.2%) and EBITDA of ₹2.81 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company has about 164 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: XecuteHR. As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹4.25 Cr on record. Court records list 22 cases involving the company, including 22 filed against it; 9 cases are pending.
The last known website on record is careers.xecutehr.com.
Company details
Contact details
Xecute HR Solutions Private Limited's registered office is in Delhi, Delhi. Its website is careers.xecutehr.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.18 Office No.205 First Floor Vinayak Complex Veer Savarkar Block Sh, Akarpur, Delhi, India – 110092
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Xecute HR Solutions Private Limited, buy the company report.
- 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
Brands
Xecute HR Solutions operates one associated brand: XecuteHR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a cloud-based HRMS suite tailored for businesses. | xecutehr.co.in |
Business activity
The main business activity of Xecute HR Solutions is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Xecute HR Solutions Private Limited, buy the company report.
Financials of Xecute HR Solutions Private Limited
FY 2018 filings availableXecute HR Solutions Private Limited reported revenue of ₹73.02 Cr (up 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 38% growth in the latest year. EBITDA fell 7% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹73.02 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹2.81 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹84.24 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.8% | |||
| Net Profit Margin | 1.2% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Xecute HR Solutions Private Limited, buy the company report.
Board of directors of Xecute HR Solutions Private Limited
Xecute HR Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathi Mitra | Director | 14 May 2009 | 17 Years 5 Months | As last reported |
| Koustuv Mitra | Director | 14 May 2009 | 17 Years 5 Months | As last reported |
Auditor
Xecute HR Solutions Private Limited is audited by R K SACHDEV & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K SACHDEV & ASSOCIATES | FY 2018 | 017511N |
Shareholding
The shareholding of Xecute HR Solutions 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 category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Xecute HR Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2016 | 100077357 | Others | ₹15 Lakh | Open | |
| 30 Jan 2016 | 10624581 | Hdfc Bank Limited | ₹4.5 Cr | Open | |
| 13 Jan 2016 | 10618224 | S. E. Investments Limited | ₹30 Lakh | Open | |
| 24 Jun 2013 | 10442261 | Yes Bank Limited | ₹3.2 Cr | Satisfied | |
| 19 Mar 2012 | 10342780 | Hdfc Bank Limited | ₹1.05 Cr | Satisfied |
To see the full charge records of Xecute HR Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Xecute HR Solutions Private Limited has 22 court cases on record: 22 filed against it. 9 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 9 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by RBL Bank Ltd. | Pending |
To see the full case history of Xecute HR Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Xecute HR Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Xecute HR Solutions Private Limited has a workforce of 164 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Xecute HR Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Xecute HR Solutions Private Limited, buy the company report.
Recent activity
Xecute HR Solutions Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Anup Jain ceased to be Additional Director on 29 Sep 2017.
3 earlier events are in the company report.
Frequently asked questions
Xecute HR Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Xecute HR Solutions is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 May 2009 and is registered under CIN U74900DL2009PTC190295. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Xecute HR Solutions has 2 current directors:
- Sathi Mitra - Director
- Koustuv Mitra - Director
The latest financial statements of Xecute HR Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Xecute HR Solutions is U74900DL2009PTC190295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xecute HR Solutions has open charges of ₹4.95 Cr and satisfied charges of ₹4.25 Cr as per latest MCA filings.
Xecute HR Solutions has 22 court cases on record: 22 filed against it. 9 are pending.
Xecute HR Solutions was incorporated on 14 May 2009. It is registered with the Registrar of Companies, Delhi.
Anup Jain ceased to be Additional Director on 29 Sep 2017. Sunil Kumar Pathak ceased to be Additional Director on 31 Mar 2016. Koustuv Mitra was appointed as Director on 14 May 2009. Xecute HR Solutions has 4 board changes on record in total.
Xecute HR Solutions can be reached through the website careers.xecutehr.com. Its registered office is in Delhi, India.