PAN HR SOLUTION LIMITED

Deploys over 11,000 personnel across 15 states for clients in e-commerce, quick commerce, logistics, manufacturing, warehousing and facility management, under a workforce outsourcing model the company describes as pay-and-collect. Revenue is reported as transaction value — Q1 FY27 alone recorded ₹73.85 cr, up 53.63% YoY, with June 2026 the strongest month at ₹28.95 cr. FY26 revenue from operations was ₹234.51 cr and net profit ₹7.50 cr. The cost structure is dominated by materials at 93.5% of revenue, reflecting the deployed workforce being the underlying cost, while employee costs run at 2.1% and capex at 0.1%. Following its February 2026 BSE SME listing, the company raised ₹1,404 lakh via IPO and ended FY26 virtually debt-free with cash and bank balance of ₹2,434 lakh and net worth of ₹3,751 lakh. Management is pivoting toward 3PL arrangements within existing clients, expanding into South and West India, and evaluating acquisitions in staffing, workforce management and payroll services.