
About Dfly Technologies India Private Limited
Data last updated:
Dfly Technologies India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Dragonfly Financial Technologies Corp. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 July 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2022FTC213068. Its GSTIN is 27AAJCD4351R1Z1 (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Tushar Rajesh Desai and Howard Neil Wallis.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.52 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2 Cr (net margin 5.2%) and EBITDA of ₹6.06 Cr (EBITDA margin 15.7%).
The company has about 122 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FIS.
For more details, the company can be reached via its website dragonflyft.com.
Company details
Contact details
Dfly Technologies India Private Limited's registered office is in Pune, Maharashtra. Its website is dragonflyft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Building D Westend Centre III, S.No.169/1 Sector II D.P Road, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Dfly Technologies India 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
Brands
Dfly Technologies India operates one associated brand: FIS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital banking and treasury management services are provided to clients. | dragonflyft.com |
Business activity
The main business activity of Dfly Technologies India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Dfly Technologies India Private Limited, buy the company report.
Financials of Dfly Technologies India Private Limited
FY 2025 filings availableDfly Technologies India Private Limited reported revenue of ₹38.52 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA fell 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹6.06 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.7% | ||
| Net Profit Margin | 5.2% | ||
| 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 | |||
To see the full financial statements and ratios of Dfly Technologies India Private Limited, buy the company report.
Board of directors of Dfly Technologies India Private Limited
Dfly Technologies India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Rajesh Desai | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
| Howard Neil Wallis | Director | 25 Oct 2024 | 1 Years 11 Months | Current |
| Jerry Brent Puzey | Director | 25 Oct 2024 | 1 Years 11 Months | Current |
Peer comparison
Dfly Technologies India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Welldoc Software Private Limited | ₹39.07 Cr (FY 2024) | 27.0% | Bangalore, Karnataka, India | |||
| Feathersoft Info Solutions Private Limited | ₹39.06 Cr (FY 2024) | 25.0% | Kunnathunad, Kerala, India | |||
| Rapidops Solutions Private Limited | ₹38.8 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Rooter Sports Technologies Private Limited | ₹38.62 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Simple Logic IT Private Limited | ₹38.59 Cr (FY 2024) | 25.0% | Mumbai, Maharashtra, India | |||
| Dfly Technologies India Private Limitedthis company | ₹38.52 Cr (FY 2025) | ₹2 Cr | 5.2% | -30.0% | 122 | Pune, Maharashtra, India |
| Ionidea Interactive Private Limited | ₹38.38 Cr (FY 2024) | -15.0% | Bangalore, Karnataka, India | |||
| Synthesis Systems India Private Limited | ₹38.37 Cr (FY 2025) | 0.0% | Noida, Uttar Pradesh, India | |||
| Batchmaster Software Private Limited | ₹38.36 Cr (FY 2025) | 2.0% | Madhya Pradesh, India | |||
| Vmock India Private Limited | ₹37.99 Cr (FY 2024) | -8.0% | Gurgaon, Haryana, India | |||
| Ziffity Solutions Private Limited | ₹37.95 Cr (FY 2025) | 1.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Dfly Technologies India Private Limited, buy the company report.
Auditor
Dfly Technologies India Private Limited is audited by M S K A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Dfly Technologies India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Dfly Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dfly Technologies India 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
Dfly Technologies India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Legalogic Consulting LLP |
To see the full MSME payment records of Dfly Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dfly Technologies India Private Limited has a workforce of 122 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Dfly Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCD4351R1Z1 | Maharashtra | Active | 21 Sep 2022 |
To see the full GST registrations and return filing status of Dfly Technologies India Private Limited, buy the company report.
Recent activity
Dfly Technologies India Private Limited has 17 board changes on record since 2022: 10 appointments and 7 cessations. The latest: Tushar Rajesh Desai was appointed as Director on 09 Sep 2025.
8 earlier events are in the company report.
News
Frequently asked questions
Dfly Technologies India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 July 2022 (4+ years old) and is registered under CIN U72900PN2022FTC213068.
Dfly Technologies India has 3 current directors:
- Tushar Rajesh Desai - Director
- Howard Neil Wallis - Director
- Jerry Brent Puzey - Director
The latest financial statements of Dfly Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Dfly Technologies India is 27AAJCD4351R1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dfly Technologies India is U72900PN2022FTC213068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dfly Technologies India was incorporated on 14 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Dfly Technologies India by revenue are Welldoc Software Private Limited, Feathersoft Info Solutions Private Limited, Rapidops Solutions Private Limited, Rooter Sports Technologies Private Limited, Simple Logic IT Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Tushar Rajesh Desai was appointed as Director on 09 Sep 2025. Prakash Radhakrishna Nayak ceased to be Additional Director on 23 Aug 2025. Ramkumar Lakshmi Narayanan ceased to be Additional Director on 22 Aug 2025. Dfly Technologies India has 17 board changes on record in total.
Dfly Technologies India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 May 2024.
Dfly Technologies India can be reached through the website dragonflyft.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Dfly Technologies India is at 2nd Floor Building D Westend Centre III, S.No.1691 Sector II D.P Road, Pune, Maharashtra, India – 411007.
Dfly Technologies India operates in the information technology industry, in the application development and software solutions segment.