About Crif Solutions Private Limited
Data last updated:
Crif Solutions Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Crif Spa. It operates in the business process outsourcing sector. It was incorporated on 14 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014FTC153126. Its GSTIN is 27AAFCC8536M1Z5 (Maharashtra).
The company has an authorised share capital of ₹71.14 Cr and a paid-up capital of ₹25.64 Cr. It is led by directors Atrideb Basu and Lamberto Barbieri.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹210.43 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.53 Cr (net margin 3.1%) and EBITDA of ₹11.56 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 26% over five years.
The company has about 374 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Crif. The company has 2 deals on record (2 rights issues); the latest was in August 2017. Its 10 peer companies in the Consumer Services industry (Diversified BPO, Information Services) are compared by revenue, 5 larger and 5 smaller; the largest is Clairvoyant India Private Limited with revenue of ₹216.42 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 97 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crif.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Level Smartworks 43Eq, Opp Bhartiya Vidyapeeth School Balewadi, Pune, Maharashtra, India – 411045
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Business Activity of Crif Solutions Private Limited
The main business activity of Crif Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Crif Solutions Private Limited FY 2024 filings available
Crif Solutions Private Limited reported revenue of ₹210.43 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Crif Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 11% growth in the latest year. EBITDA rose 110% 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 of Crif Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.53 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Crif Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Crif Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Crif Solutions Private Limited
Crif Solutions Private Limited currently reports 2 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Tekwani | Company Secretary | 17 May 2016 | 10 Years 5 Months | Current |
| Atrideb Basu | Director | 26 May 2022 | 4 Years 4 Months | Current |
| Lamberto Barbieri Also directs: Crif Connect Private Limited | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer Comparison of Crif Solutions Private Limited
Crif Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Diversified BPO, Information Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clairvoyant India Private Limited | ₹216.42 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Icall Support Services Private Limited | ₹214.24 Cr (FY 2025) | •••• | •••• | 616.0% | •••• | Gurgaon, Haryana, India |
| Compunnel Technology India Private Limited | ₹213.59 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Majorel India Private Limited | ₹213.2 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Pershing India Operational Services Private Limited | ₹213.03 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Crif Solutions Private Limited this company | ₹210.43 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Cognizant Global Services Private Limited | ₹210.03 Cr (FY 2016) | •••• | •••• | -9.0% | •••• | Chennai, Tamil Nadu, India |
| Vananam Rewards Private Limited | ₹206.13 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Visionet Systems Private Limited | ₹204.44 Cr (FY 2022) | •••• | •••• | 35.0% | •••• | Bangalore, Karnataka, India |
| Datamatics Business Solutions Limited | ₹202.87 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Kochar Infotech Limited | ₹199.67 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Punjab, India |
Peers are the five companies nearest above and the five nearest below Crif Solutions by revenue in the Consumer Services industry (Diversified BPO, Information Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Crif Solutions Private Limited
Crif Solutions Private Limited is audited by Kirtane & Pandit LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kirtane & Pandit LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Crif Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Crif Solutions Private Limited
Crif Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Crif Solutions Private Limited
Crif Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in August 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Rights issue | ₹6 Cr | Investors: CRIF Services S.P.A., an individual |
| Aug 2015 | Rights issue | ₹18 Cr | Investors: CRIF Services S.P.A., an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Crif Solutions Private Limited
Crif Solutions Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 97 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Novotree Minds Consulting Private Limited | •••• | •••• | •••• |
| Astute Corporate Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Executive Car Rental Services | •••• | •••• | •••• |
| Platos Foods Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Crif Solutions Private Limited
Crif Solutions Private Limited has a workforce of 374 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Crif Solutions Private Limited
Crif Solutions Private Limited has 9 board changes on record since 2014: 6 appointments and 3 cessations. The latest: Larry Keith Howell ceased to be Director on 05 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Crif Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Crif Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Crif Solutions Private Limited
Crif Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC8536M1Z5 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Crif Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Crif Solutions Private Limited
Frequently Asked Questions about Crif Solutions Private Limited
Crif Solutions is an active foreign private limited company based in Pune, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 14 November 2014 (12+ years old) and is registered under CIN U74900PN2014FTC153126.
Crif Solutions reported revenue of ₹210.43 Cr for FY 2025 (up 11% YoY).
Crif Solutions has 3 current directors and KMP:
- Atrideb Basu - Director
- Lamberto Barbieri - Director
- Ashwani Tekwani - Company Secretary
Crif Solutions reported a net profit of ₹6.53 Cr (net margin 3.1%) and EBITDA of ₹11.56 Cr (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Crif Solutions is 19% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Crif Solutions is 27AAFCC8536M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Crif Solutions is U74900PN2014FTC153126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crif Solutions was incorporated on 14 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Crif Solutions has 2 deals on record (2 rights issues); the latest was in August 2017.
The peers of Crif Solutions by revenue are Clairvoyant India Private Limited, Icall Support Services Private Limited, Compunnel Technology India Private Limited, Majorel India Private Limited, Pershing India Operational Services Private Limited and 5 more, all in the Consumer Services industry (Diversified BPO, Information Services).
Larry Keith Howell ceased to be Director on 05 Apr 2023. Lamberto Barbieri was appointed as Director on 31 Mar 2023. Ubaldo Tambini ceased to be Additional Director on 16 Mar 2023. Crif Solutions has 9 board changes on record in total.
Crif Solutions has 5 MSME Form 1 returns on record between 2019 and 2024, listing 97 overdue payments to 30 micro and small suppliers. The latest return was filed on 01 May 2024.