Fairmatic Technologies India Private Limited

Fairmatic Technologies India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2021FTC155365 Incorporated 08 December 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹33.4 Cr
▲ 117% YoY
Net profit · FY 2024
₹3.82 Cr
Net margin 11.4%
EBITDA · FY 2024
₹5.34 Cr
EBITDA margin 16%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
38
Provident fund records
Directors on board
2
As per MCA filings

About Fairmatic Technologies India Private Limited

Data last updated:

Fairmatic Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC155365. Its GSTIN is 29AAECF8435F1ZG (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pradeep Kumar Jindal and Darshan Patel.

Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 6, Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹33.4 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹3.82 Cr (net margin 11.4%) and EBITDA of ₹5.34 Cr (EBITDA margin 16%).

The company has about 38 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Fairmatic.

For more details, the company can be reached via its website fairmatic.com.

Company details

CIN U72900KA2021FTC155365
Registration Number 155365
Incorporation Date 08 December 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Fairmatic Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is fairmatic.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    3rd Floor No 257 315 Work Avenue, 16th Cross Road Sector 6, Bangalore, Karnataka, India – 560102
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Fairmatic Technologies India Private Limited, buy the company report.

Comprehensive company report
Fairmatic Technologies India Private Limited - one report that includes everything
  • 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
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Brands

Fairmatic Technologies India operates one associated brand: Fairmatic. Each brand links to its own profile.

BrandDescriptionWebsite
Commercial auto insurance is facilitated through an AI-driven online platform.fairmatic.com

Business activity

The main business activity of Fairmatic Technologies India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Fairmatic Technologies India Private Limited, buy the company report.

Financials of Fairmatic Technologies India Private Limited

FY 2024 filings available

Fairmatic Technologies India Private Limited reported revenue of ₹33.4 Cr (up 117% YoY) for FY 2024.

Revenue · FY 2024
₹33.4 Cr ▲ 117%
Net profit · FY 2024
₹3.82 Cr margin 11.4%
EBITDA · FY 2024
₹5.34 Cr margin 16%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 117%
EBITDA CAGR growth
1 year
▲ 121%

Revenue rose 117% in the latest year. EBITDA rose 121% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹5.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.82 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin16%
Net Profit Margin11.4%
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 Fairmatic Technologies India Private Limited, buy the company report.

Board of directors of Fairmatic Technologies India Private Limited

Fairmatic Technologies India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Kumar JindalDirector08 Dec 20214 Years 10 MonthsCurrent
Darshan PatelAdditional Director23 Apr 20251 Years 6 MonthsCurrent

Peer comparison

Fairmatic 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bioenable Technologies Private Limited₹33.63 Cr (FY 2024)72.0%Pune, Maharashtra, India
Ecs Business Solutions Private Limited₹33.61 Cr (FY 2025)23.0%Thiruvananthapuram, Kerala, India
Hallmark Global Technologies Limited₹33.59 Cr (FY 2024)20.0%Hyderabad, Telangana, India
Zeb IT Service Limited₹33.58 Cr (FY 2019)-83.0%Ahmedabad, Gujarat, India
Invasystems Digital India Private Limited₹33.4 Cr (FY 2025)21.0%Pune, Maharashtra, India
Fairmatic Technologies India Private Limitedthis company₹33.4 Cr (FY 2024)₹3.82 Cr11.4%117.0%38Bangalore, Karnataka, India
Seecubic India Private Limited₹33.33 Cr (FY 2025)11.0%Pune, Maharashtra, India
Gamkaban Software Private Limited₹33.29 Cr (FY 2025)-7.0%Surat, Gujarat, India
Anb Systems Private Limited₹33.08 Cr (FY 2025)19.0%Chennai, Tamil Nadu, India
Innover Systems Private Limited₹33.02 Cr (FY 2025)674.0%Pune, Maharashtra, India
Professional Softec Private Limited₹33.01 Cr (FY 2024)14.0%Jaipur, Rajasthan, India

To see the full peer comparison of Fairmatic Technologies India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fairmatic Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Fairmatic Technologies India Private Limited has a workforce of 38 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
38
Active EPFO establishments
1
Employee growth
90%

GST

Fairmatic Technologies India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECF8435F1ZGKarnatakaActive29 Mar 2022

To see the full GST registrations and return filing status of Fairmatic Technologies India Private Limited, buy the company report.

Recent activity

Fairmatic Technologies India Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Darshan Patel was appointed as Additional Director on 23 Apr 2025.

Appointed
Darshan Patel was appointed as Additional Director.
AGM
Fairmatic Technologies India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Ceased
Seetharaman Uma ceased to be Additional Director.
Filing
Fairmatic Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jonathan Arie Matus was appointed as Director.
Appointed
Pradeep Kumar Jindal was appointed as Director.
Incorporation
08 Dec 2021
Fairmatic Technologies India Private Limited was registered on 08 Dec 2021 with Roc Bangalore & aged 4 years 10 months as per MCA records.

Frequently asked questions

Fairmatic Technologies 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 08 December 2021 (5+ years old) and is registered under CIN U72900KA2021FTC155365.

Fairmatic Technologies India has 2 current directors:

The latest financial statements of Fairmatic Technologies India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Fairmatic Technologies India is 29AAECF8435F1ZG, registered in Karnataka.

The CIN (Corporate Identification Number) of Fairmatic Technologies India is U72900KA2021FTC155365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fairmatic Technologies India was incorporated on 08 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Fairmatic Technologies India by revenue are Bioenable Technologies Private Limited, Ecs Business Solutions Private Limited, Hallmark Global Technologies Limited, Zeb IT Service Limited, Invasystems Digital India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Darshan Patel was appointed as Additional Director on 23 Apr 2025. Seetharaman Uma ceased to be Additional Director on 06 Sep 2024. Jonathan Arie Matus was appointed as Director on 08 Dec 2021. Fairmatic Technologies India has 4 board changes on record in total.

Fairmatic Technologies India can be reached through the website fairmatic.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Fairmatic Technologies India is at 3rd Floor No 257 315 Work Avenue, 16th Cross Road Sector 6, Bangalore, Karnataka, India – 560102.

Fairmatic Technologies India operates in the information technology industry, in the application development and software solutions segment.