CIEL HR Records 32% Growth in FY26, Revenue nears ₹2,000 Crore
● Unveils “CIEL 3.0: Vision 2030”, a strategic roadmap to scale to ₹6,000 crore revenue by
2030 through AI-led workforce transformation
● Strengthening technology, talent and platform capabilities to accelerate the Vision 2030
roadmap
Chennai, 14 th May, 2026: CIEL HR, India’s leading integrated HR and workforce solutions company, today
announced that it recorded 32% growth in FY26, with revenues nearing ₹2,000 crore, alongside the launch
of “CIEL 3.0: Vision 2030”, the company’s strategic roadmap to build an integrated AI-led workforce
infrastructure platform for the future of work.
Founded with the ambition of building a ₹1,000 crore HR enterprise within a decade through a technology-
led approach, CIEL HR achieved this milestone in just 9 years. Building on this momentum, the company
nearly doubled its revenue to ₹1,984.6 crore within the next two years (by FY26) and is now entering its next
phase of growth with the launch of “CIEL 3.0: Vision 2030”, a strategic roadmap aimed at achieving ₹6,000
crore in revenue by 2030.
As organisations increasingly shift from fragmented HR models towards integrated workforce ecosystems,
CIEL HR is positioning its future growth around AI-led workforce infrastructure, anchored by its PeopleOS
framework, talent intelligence platforms and connected people solutions ecosystem.
FY26 Financial Highlights
Particulars FY26
(in INR Crores)
FY25
(in INR Crores)
YoY Growth
Revenue from operations 1,984.6 1,504.5 32%
GP 208.4 145.3 43%
Gross Profit % 10.5% 9.7% 80 bps
Operating Profit (EBITDA) 46.5 34.9 34%
PAT before exceptional items 16.9 14.7 15%
Speaking on the milestone, Mr. K Pandiarajan, Executive Chairperson, CIEL HR Group said, “The
journey from Ma Foi to CIEL HR reflects not just business growth, but the evolution of India’s workforce
landscape itself. When we started CIEL HR, we believed technology and AI would significantly accelerate
the way organisations hire, manage and develop talent. Crossing the ₹1,000 crore milestone within a
decade, and nearly doubling its revenue to close to ₹2,000 crore within the following two years (CAGR of
34.5% over the last 3 years), validates that conviction. As we enter the next phase, our focus is on building
intelligent, integrated and future-ready people solutions for a rapidly transforming world of work.”
CIEL HR’s PeopleOS framework represents the company’s next phase of transformation, moving beyond
traditional HR services towards building an integrated workforce ecosystem. Designed around the
philosophy that organisations function best when every aspect of people management is interconnected,
PeopleOS brings together the entire employee lifecycle into one cohesive ecosystem.
As part of this transformation, CIEL Group entity Jombay has developed tools for various HR functions
through its agentic AI platform – Jombay.AI. Built for HR teams, the platform enables organisations to run
intelligent, connected and context-aware HR workflows across the talent lifecycle by integrating with existing
HR systems and creating a unified Talent Intelligence Layer.
Further strengthening its talent intelligence capabilities, another CIEL Group entity, Thomas Assessments
India, is set to launch Thomas Assess, a next-generation AI-enabled talent assessment platform in India.
The platform brings together four globally recognised psychometric tools – Behaviour, Learning Agility,
Emotional Intelligence and Potential Lead – into a single unified solution.
Commenting on the evolving HR landscape, Mr. Aditya Narayan Mishra, MD & CEO, CIEL HR Group
said, “The HR industry is moving from fragmented service models to integrated workforce ecosystems.
Organisations today are looking for partners who can combine talent, technology and intelligence into
unified solutions that are agile, scalable and outcome-driven. Over the last decade, we have consciously
built capabilities across the entire people lifecycle which is enabling us to become a strategic workforce
transformation partner for enterprises navigating rapid business change.”
Commenting on CIEL 3.0: Vision 2030, Mr. Doraiswamy Rajiv Krishnan, Executive Director, CIEL HR
Group said, “CIEL 3.0 is our roadmap for building one of India’s most integrated AI-led people solutions
ecosystems. As workforce models evolve, enterprises will increasingly require connected platforms that
bring together hiring, assessment, engagement, development and workforce intelligence in real time. Our
Vision 2030 is centred on creating that intelligent infrastructure layer for the future of work, while continuing
to keep human capability at the heart of transformation.”
With Vision 2030, CIEL HR aims to accelerate its evolution into an integrated AI-led workforce infrastructure
platform, backed by continued investments in AI, digital transformation and its integrated PeopleOS
ecosystem.
About CIEL HR
CIEL HR is India’s only company offering a complete suite of tech-driven HR solutions, covering the entire employee
lifecycle.
With 83 offices across 41 locations and more than 1450+ employees, CIEL has served 7000+ companies.
Our Solutions include:
BUILD – Talent Acquisition:
● Value Staffing, Professional Staffing, Executive Search, Selection and RPO by CIEL HR
● Skilling by CIEL Skills & Careers
● Background Verification by Vibrant Screen
DEVELOP – Talent Management & Development
● HR Advisory by Ma Foi Strategic Consultants and People Metrics
● Talent Assessment & Development by Jombay and Thomas Assessments
● Talent Engagement by Jombay
● Learning Experience Platform (LXP) by Courseplay
OPERATE – HR Operations & Compliance
● Human Resources Management System (HRMS) by HfactoR
● HR Managed Services (including payroll and compliance) by Ma Foi Strategic Consultants
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