About Exact Software (India) Private Limited
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Exact Software (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Exact Solutions Inc., Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2001PTC131661.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.83 Lakh. It is led by directors Kulwant Sukhdial Singh Kaur and Hardevsingh Sukhdial Singh Dhindsa.
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 83 Jolly Maker No.III Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.42 Lakh (net margin -290.5%) and EBITDA of ₹1.52 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 25% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exact-solutions.com.
Company details
Contact details
Exact Software (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is exact-solutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address83 Jolly Maker No.III Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Exact Software (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
Financials of Exact Software (India) Private Limited
FY 2023 filings availableExact Software (India) Private Limited reported revenue of ₹1.52 Lakh (up 21975% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years. EBITDA rose 342% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.52 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.42 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | -290.5% | ||||
| 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 Exact Software (India) Private Limited, buy the company report.
Board of directors of Exact Software (India) Private Limited
Exact Software (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulwant Sukhdial Singh Kaur | Director | 04 Nov 2009 | 17 Years 0 Months | Current |
| Hardevsingh Sukhdial Singh Dhindsa | Director | 18 Apr 2001 | 25 Years 6 Months | Current |
Auditor
Exact Software (India) Private Limited is audited by H H Goradia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H H Goradia & Co. | FY 2023 | 148398W |
Shareholding
The shareholding of Exact Software (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Exact Software (India) Private Limited, buy the company report.
Legal cases
Exact Software (India) Private Limited has 3 court cases on record: 2 filed by Exact Software (India), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Earnest Business Services Pvt.Ltd. | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by M/S. Apprialla Software (India) Pvt. Ltd., and 2 others | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Apprilla Software India Private Limited and Others | Disposed |
To see the full case history of Exact Software (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Exact Software (India) 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 Exact Software (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Exact Software (India) Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Kulwant Sukhdial Singh Kaur ceased to be Additional Director on 02 Aug 2010.
Frequently asked questions
Exact Software (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 April 2001 (25+ years old) and is registered under CIN U72200MH2001PTC131661.
Exact Software (India) has 2 current directors:
- Kulwant Sukhdial Singh Kaur - Director
- Hardevsingh Sukhdial Singh Dhindsa - Director
The latest financial statements of Exact Software (India) 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Exact Software (India) is U72200MH2001PTC131661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exact Software (India) has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Exact Software (India) was incorporated on 18 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Kulwant Sukhdial Singh Kaur ceased to be Additional Director on 02 Aug 2010. Kulwant Sukhdial Singh Kaur was appointed as Director on 04 Nov 2009. Sukhdial Singh ceased to be Director on 26 May 2009. Exact Software (India) has 4 board changes on record in total.
Exact Software (India) can be reached through the website exact-solutions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Exact Software (India) is at 83 Jolly Maker No.III Cuffe Parade, Mumbai, Maharashtra, India – 400005.
Exact Software (India) operates in the information technology industry, in the application development and software solutions segment.
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