Destinex Global Services Private Limited
About Destinex Global Services Private Limited
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Destinex Global Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098143.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chennuri Venkata Ramanarao and Eugene Ross.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 404 1st Floor 4th A Cross 2nd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.29 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹7.62 Lakh (net margin 15.8%) and EBITDA of ₹7.63 Lakh (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Destinex Global Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 404 1st Floor 4th A Cross 2nd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Destinex Global Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Destinex Global Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Destinex Global Services Private Limited, buy the company report.
Financials of Destinex Global Services Private Limited
FY 2023 filings availableDestinex Global Services Private Limited reported revenue of ₹48.29 Lakh (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 32% 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
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| EBITDA | ₹7.63 Lakh | ||||
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| Net Profit (PAT) | ₹7.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 15.8% | ||||
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To see the full financial statements and ratios of Destinex Global Services Private Limited, buy the company report.
Board of directors of Destinex Global Services Private Limited
Destinex Global Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chennuri Venkata Ramanarao Also directs: Destination Xpert Private Limited | Director | 01 Dec 2016 | 9 Years 11 Months | Current |
| Eugene Ross Also directs: Corecircuit Technologies LLP, Trinity Consultech Private Limited | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Srilaxmi Dugunta | Director | 18 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Destinex Global Services Private Limited is audited by IPRS AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| IPRS AND COMPANY | FY 2017 | 015081S |
Shareholding
The shareholding of Destinex Global Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Destinex Global Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Destinex Global Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Destinex Global Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Destinex Global Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Destinex Global Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Eugene Ross was appointed as Director on 22 Dec 2023.
Frequently asked questions
Destinex Global Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098143.
Destinex Global Services has 3 current directors:
- Chennuri Venkata Ramanarao - Director
- Eugene Ross - Director
- Srilaxmi Dugunta - Director
The latest financial statements of Destinex Global Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Destinex Global Services is U74999KA2016PTC098143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Destinex Global Services was incorporated on 01 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Eugene Ross was appointed as Director on 22 Dec 2023. Divya Jagadeeshan ceased to be Director on 18 Feb 2017. Srilaxmi Dugunta was appointed as Director on 18 Feb 2017. Destinex Global Services has 4 board changes on record in total.
The registered office of Destinex Global Services is at No. 404 1st Floor 4th A Cross 2nd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
Destinex Global Services operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Destinex Global Services is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.
Destinex Global Services can be reached at its registered office: No. 404 1st Floor 4th A Cross 2nd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
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