About DZS Solutions India Private Limited
Data last updated:
DZS Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Dasan Networks Solutions, Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014FTC077680. Its GSTIN is 29AAHCR1330E1ZN (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Riftio India Private Limited. It is led by directors Raj Bhushan and Euy Don Park.
Its last annual general meeting (AGM) was held on 29 October 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 ₹12.35 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹7.11 Cr (net margin -57.6%) and EBITDA of -₹6.93 Cr (EBITDA margin -56.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RIFT.io.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riftio.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address55 Basement Floor Unit No C1, S V Complex K R Road, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, IT Consulting & Support Services
- 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 DZS Solutions India Private Limited
The main business activity of DZS Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 DZS Solutions India Private Limited FY 2025 filings available
DZS Solutions India Private Limited reported revenue of ₹12.35 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of DZS Solutions India Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 369% 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 DZS Solutions India 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 | -₹6.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.11 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 DZS Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -56.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -57.6% | •••• | •••• | •••• | •••• |
| 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 DZS Solutions India 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.
Peer Comparison of DZS Solutions India Private Limited
DZS Solutions India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| N-Scope Netware Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Rajkot, Gujarat, India |
| Initech Software Solutions Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Flyers Soft Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Microtech IT Systems Private Limited | ₹12.36 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Codebucket Solutions Private Limited | ₹12.35 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Kalamassery, Kochi, Kerala, India |
| DZS Solutions India Private Limited this company | ₹12.35 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Cybizcall (International) Private Limited | ₹12.35 Cr (FY 2025) | •••• | •••• | 824.0% | •••• | Tauru, Haryana, India |
| Hyperface Technologies Private Limited | ₹12.34 Cr (FY 2024) | •••• | •••• | 98.0% | •••• | Bangalore, Karnataka, India |
| Birst India Private Limited | ₹12.33 Cr (FY 2019) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Crescere Technologies Private Limited | ₹12.32 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Thinking Forks Consulting Private Limited | ₹12.32 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below DZS Solutions India by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 DZS Solutions India Private Limited
DZS Solutions India Private Limited is audited by S B S S & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B S S & ASSOCIATES | 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.
Board of Directors of DZS Solutions India Private Limited
DZS Solutions India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Bhushan Also directs: Sarvabhoot Constructions Private Limited | Director | 03 Jun 2024 | 2 Years 4 Months | Current |
| Euy Don Park Also directs: Piscesia Power Transmission Private Limited, Seelapune Private Limited, Jands Market Private Limited and 3 more | Director | 04 Mar 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of DZS Solutions India 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 DZS Solutions India Private Limited
DZS Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with DZS Solutions India Private Limited
DZS Solutions India operates one associated brand: RIFT.io. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hyperscale NFV platform for virtual network services is provided. | riftio.com |
Employees and EPFO Compliance at DZS Solutions India Private Limited
DZS Solutions India Private Limited has a workforce of 38 employees as of Apr 04, 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 DZS Solutions India Private Limited
DZS Solutions India Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Raj Bhushan ceased to be Additional Director on 29 Sep 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for DZS Solutions India 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.
MSME Payment Delays by DZS Solutions India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of DZS Solutions India 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 DZS Solutions India Private Limited
DZS Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR1330E1ZN | Karnataka | 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 DZS Solutions India 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.
Frequently Asked Questions about DZS Solutions India Private Limited
DZS Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 December 2014 (12+ years old) and is registered under CIN U72200KA2014FTC077680.
DZS Solutions India reported revenue of ₹12.35 Cr for FY 2025 (down 32% YoY).
DZS Solutions India has 2 current directors:
- Raj Bhushan - Director
- Euy Don Park - Director
DZS Solutions India reported a net loss of ₹7.11 Cr (net margin -57.6%) and EBITDA of -₹6.93 Cr (EBITDA margin -56.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of DZS Solutions India is 3% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of DZS Solutions India is 29AAHCR1330E1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of DZS Solutions India is U72200KA2014FTC077680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DZS Solutions India was incorporated on 09 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of DZS Solutions India by revenue are N-Scope Netware Private Limited, Initech Software Solutions Private Limited, Flyers Soft Private Limited, Microtech IT Systems Private Limited, Codebucket Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Raj Bhushan ceased to be Additional Director on 29 Sep 2024. Raj Bhushan was appointed as Director on 03 Jun 2024. Justin Kyle Ferguson ceased to be Additional Director on 28 Sep 2023. DZS Solutions India has 13 board changes on record in total.
DZS Solutions India can be reached through the website riftio.com. Its registered office is in Bangalore, Karnataka, India.