Technology Platforms built in-house covering all aspects of the human resource value chain.
Deep domain expertise delivered through comprehensive solutions across industries.
Established long term relationship with clients leading to recurring business.
Wide geographic presence with efficient labour law compliance capabilities.
Experience of our Promoter and management team.
Track record of high quality and efficient service delivery.
There are certain outstanding legal proceeding involving the Company, Subsidiary, Promoters, Directors and KMP and SMP which may adversely affect its business, financial condition and results of operations.
The company's top five customers contribute about 88.03% 90.15%, and 91.62% of its revenues for the year ended March 31, 2025, March 31, 2024 and March 31, 2023. Any loss of business from one or more of them may adversely affect the company's revenues and profitability.
The company's business revenue from operations is concentrated in a few segments.
The company's businesses are manpower intensive and its inability to attract and retain skilled manpower could have an adverse impact on the company's growth, business and financial condition. Further, in the event the company is not able to manage its attrition,the company may not be able to meet the expectations of its customers, which may have an adverse impact on the company's financial condition.
The company's client contracts are generally of a short duration, contain termination provisions and do not guarantee any volume of work. Majority of its client can terminate the contract by serving notice period as per the contract which could have an adverse impact on the company's business.
The company has contingent liabilities, and the company's financial condition could be adversely affected if any of these contingent liabilities materializes.
The company has significant employee benefit expenses, such as workers' compensation, staff welfare expenses and contribution to provident and other funds.
The company may be unable to perform background verification procedures on its personnel as well as on the company's billable employees prior to placing them with its customers.
The company does not own the premises in which its registered office and branch offices are located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect the company's operations.
There have been several instances of non-payment of statutory dues and filing of statutory returns by the Company in the past. Any delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have an adverse impact on its financial condition and cash flows.