PAN HR Solution Ltd has appointed M/s R.K. Karan & Associates as its Internal Auditor and re-appointed M/s Divya Rani & Associates as its Secretarial Auditor for the financial year 2026-27. The Board of Directors approved these appointments at a meeting held on June 23, 2026, following the recommendation of the Audit Committee.

The changes follow the completion of the tenure of Mr. Rakesh Kumar as Internal Auditor for the financial year 2025-2026. Mr. Rakesh Kumar ceased to hold the position effective the close of business hours on June 23, 2026, consequent to the expiry of his contractual engagement term.

M/s R.K. Karan & Associates, headed by Mr. Raman Kumar Karan, a Practicing Company Secretary, will oversee internal audit functions. The firm provides services in internal audit, corporate governance, and regulatory compliance. Its appointment is effective for the financial year 2026-27.

M/s Divya Rani & Associates, a firm led by Ms. Divya Rani, a Practicing Company Secretary, has been re-appointed as Secretarial Auditor for the financial year 2026-27. The firm specializes in corporate governance, secretarial audits, and regulatory compliance under SEBI and the Companies Act, 2013.

The disclosures were made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Appointments for FY27

PAN HR Solution Limited reported a 158% year-on-year increase in net profit to INR432.20 lakh for the half-year ended March 31, 2026 (H2 FY26). Total income for the period rose 28% to INR12,656.59 lakh, driven by operational efficiencies and a strengthened balance sheet following its recent IPO. For the full financial year 2026, the company recorded a net profit of INR750.29 lakh.

The company ended FY26 with a net worth of INR3,751 lakh and a cash and bank balance of INR2,434 lakh, maintaining a virtually debt-free position. Management attributed the robust H2 performance to improved productivity and financial discipline, despite revenue adjustments from contract repricing and billing cycle changes. The earnings conference call was held on June 12, 2026, to discuss the audited standalone financial results.

Financial Performance

Strategic Outlook

Management outlined a three-year roadmap targeting INR1,000 crore in revenue by FY29. Key growth drivers include expanding into the pay-and-collect model, entering new geographies such as the West and South, and diversifying into higher-margin services like payroll outsourcing and compliance management. The company also plans to pursue inorganic growth through acquisitions in the staffing and workforce management sectors to bolster its client base and infrastructure.

The workforce deployment base has increased from 10,000 to over 11,000 personnel post-IPO. Sectors driving demand include e-commerce, quick commerce, logistics, and manufacturing. PAN HR Solution aims to leverage its strong liquidity and compliance credibility to capture these opportunities while maintaining healthy return ratios.