Divisions Research and Development India Private Limited
About Divisions Research and Development India Private Limited
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Divisions Research and Development India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Divisions Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC154885. Its GSTIN is 29AAICD9239P1ZP (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Poonam Chadha and Ankit Jain.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.72 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6 Cr (net margin 11.4%) and EBITDA of ₹8.71 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 286% over three years.
The company has about 88 employees on its provident fund (EPFO) records.
Company details
Contact details
Divisions Research and Development India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Gether Mantri Commercio Tower B Marathahalli Outer Ring Road Devarabisan, Ahalli Be, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Divisions Research and Development 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
Business activity
The main business activity of Divisions Research and Development India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Divisions Research and Development India Private Limited, buy the company report.
Financials of Divisions Research and Development India Private Limited
FY 2025 filings availableDivisions Research and Development India Private Limited reported revenue of ₹52.72 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 286% over three years, including 9% growth in the latest year. EBITDA rose 14% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹8.71 Cr | |||
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| Net Profit (PAT) | ₹6 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.5% | |||
| Net Profit Margin | 11.4% | |||
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To see the full financial statements and ratios of Divisions Research and Development India Private Limited, buy the company report.
Board of directors of Divisions Research and Development India Private Limited
Divisions Research and Development India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poonam Chadha | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Ankit Jain | Director | 21 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Divisions Research and Development India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tubelight Communications Limited | ₹53.05 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Extranet Supports Private Limited | ₹53.03 Cr (FY 2025) | 55.0% | Ernakulam, Kerala, India | |||
| Earnest Data Analytics Private Limited | ₹52.9 Cr (FY 2025) | 328.0% | Ghaziabad, Uttar Pradesh, India | |||
| Renesas Design India Private Limited | ₹52.86 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Zenon Analytics Private Limited | ₹52.79 Cr (FY 2024) | 26.0% | Noida, Uttar Pradesh, India | |||
| Divisions Research and Development India Private Limitedthis company | ₹52.72 Cr (FY 2025) | ₹6 Cr | 11.4% | 9.0% | 88 | Bangalore, Karnataka, India |
| Egen Data Private Limited | ₹52.56 Cr (FY 2024) | -8.0% | Hyderabad, Telangana, India | |||
| Applicate IT Solutions Private Limited | ₹52.55 Cr (FY 2025) | 43.0% | Gurgaon, Haryana, India | |||
| Mediology Software Private Limited | ₹52.55 Cr (FY 2025) | -2.0% | Haryana, India | |||
| Pepper Content Global Private Limited | ₹52.39 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Divisions Research and Development India Private Limited, buy the company report.
Auditor
Divisions Research and Development India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Divisions Research and Development India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Divisions Research and Development India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Divisions Research and Development 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
Divisions Research and Development India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments 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 |
|---|---|---|---|
| Handy Online Solutions Private Limited |
To see the full MSME payment records of Divisions Research and Development India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Divisions Research and Development India Private Limited has a workforce of 88 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 88 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Divisions Research and Development India Private Limited, buy the company report.
GST
Divisions Research and Development India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICD9239P1ZP | Karnataka | Active | 06 Mar 2022 |
To see the full GST registrations and return filing status of Divisions Research and Development India Private Limited, buy the company report.
Recent activity
Divisions Research and Development India Private Limited has 8 board changes on record since 2021: 5 appointments and 3 cessations. The latest: Gary Bejnamin Mitchell ceased to be Director on 22 Dec 2023.
Frequently asked questions
Divisions Research and Development India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 November 2021 (5+ years old) and is registered under CIN U72900KA2021FTC154885.
Divisions Research and Development India has 2 current directors:
- Poonam Chadha - Director
- Ankit Jain - Director
The latest financial statements of Divisions Research and Development India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Divisions Research and Development India is 29AAICD9239P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Divisions Research and Development India is U72900KA2021FTC154885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divisions Research and Development India was incorporated on 25 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Divisions Research and Development India by revenue are Tubelight Communications Limited, Extranet Supports Private Limited, Earnest Data Analytics Private Limited, Renesas Design India Private Limited, Zenon Analytics Private Limited and 4 more, all in the same principal business activity (other information & communication service activities).
Gary Bejnamin Mitchell ceased to be Director on 22 Dec 2023. Kyle William Murray ceased to be Director on 22 Dec 2023. Shenbaga Kumaran ceased to be Director on 30 Apr 2023. Divisions Research and Development India has 8 board changes on record in total.
Divisions Research and Development India has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Nov 2023.
The registered office of Divisions Research and Development India is at 2 Gether Mantri Commercio Tower B Marathahalli Outer Ring Road Devarabisan, Ahalli Be, Bangalore, Karnataka, India – 560103.
Divisions Research and Development India operates in the information technology industry, in the application development and software solutions segment.
Divisions Research and Development India can be reached at its registered office: 2 Gether Mantri Commercio Tower B Marathahalli Outer Ring Road Devarabisan, Ahalli Be, Bangalore, Karnataka, India – 560103.
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