Fortanix Technologies India Private Limited

Fortanix Technologies India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72500KA2018FTC109910 Incorporated 01 February 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹38.77 Cr
▼ 3% YoY
Net profit · FY 2025
₹4.28 Cr
Net margin 11%
EBITDA · FY 2025
₹6.28 Cr
EBITDA margin 16.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
94
Provident fund records
Directors on board
4
As per MCA filings

About Fortanix Technologies India Private Limited

Data last updated:

Fortanix Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Fortanix Inc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2018FTC109910. Its GSTIN is 29AADCF3018R1Z7 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Anand Kashyap and Priyank Kumar.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹38.77 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.28 Cr (net margin 11%) and EBITDA of ₹6.28 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 38% over five years.

The company has about 94 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Fortanix. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.

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

Company details

CIN U72500KA2018FTC109910
Registration Number 109910
Incorporation Date 01 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Fortanix Inc

Contact details

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

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Urban Vault 460 First Floor C S Towers, 17th Cross Road 4th Sector, Bangalore, Karnataka, India – 560102
  • Industry
    Information Technology, Software Development & Support Services

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

Comprehensive company report
Fortanix 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

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

BrandDescriptionWebsite
Provider of cloud data security solutionsfortanix.com

Business activity

The main business activity of Fortanix Technologies India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

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

Financials of Fortanix Technologies India Private Limited

FY 2025 filings available

Fortanix Technologies India Private Limited reported revenue of ₹38.77 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹38.77 Cr ▼ 3%
Net profit · FY 2025
₹4.28 Cr margin 11%
EBITDA · FY 2025
₹6.28 Cr margin 16.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 22%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 23%
5 years · compounded
▲ 39%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA rose 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.28 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.2%
Net Profit Margin11%
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 Fortanix Technologies India Private Limited, buy the company report.

Board of directors of Fortanix Technologies India Private Limited

Fortanix Technologies India has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand KashyapDirector01 Feb 20188 Years 8 MonthsCurrent
Priyank KumarDirector15 Feb 20242 Years 8 MonthsCurrent
Ashokkumar SelvarajDirector20 Jun 20251 Years 4 MonthsCurrent
Connie Yi In ChungDirector09 Jan 20251 Years 9 MonthsCurrent

Peer comparison

Fortanix Technologies India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Axelerant Technologies Private Limited₹39.08 Cr (FY 2024)9.0%New Delhi, Delhi, India
Fortanix Technologies India Private Limitedthis company₹38.77 Cr (FY 2025)₹4.28 Cr11%-3.0%94Bangalore, Karnataka, India
Alepo Technologies Private Limited₹38.59 Cr (FY 2025)-15.0%Thane, Maharashtra, India
Testhouse India Private Limited₹38.56 Cr (FY 2024)30.0%Thiruvananthapuram, Kerala, India

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

Auditor

Fortanix Technologies India Private Limited is audited by MDA & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MDA & CoFY 2023012023S

Shareholding

The shareholding of Fortanix Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fortanix Technologies India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Fortanix Technologies India Private Limited has a workforce of 94 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
94
Active EPFO establishments
1
Employee growth
3.3%

GST

Fortanix Technologies India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCF3018R1Z7KarnatakaActive29 Aug 2018

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

Recent activity

Fortanix Technologies India Private Limited has 13 board changes on record since 2018: 4 appointments and 9 cessations. The latest: Ashokkumar Selvaraj ceased to be Additional Director on 29 Sep 2025.

AGM
Fortanix Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Ashokkumar Selvaraj ceased to be Additional Director.
Ceased
Connie Yi In Chung ceased to be Additional Director.
Appointed
Ashokkumar Selvaraj was appointed as Director.
Filing
Fortanix Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anand Kashyap ceased to be Director.
Appointed
Connie Yi In Chung was appointed as Director.
Ceased
Priyank Kumar ceased to be Additional Director.
Appointed
Priyank Kumar was appointed as Director.
Ceased
Amit Gupta ceased to be Additional Director.
Ceased
Raja Sameer Nandan Mothadaka ceased to be Additional Director.
Ceased
Vimal Vijay ceased to be Additional Director.

4 earlier events are in the company report.

Frequently asked questions

Fortanix Technologies India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 February 2018 (8+ years old) and is registered under CIN U72500KA2018FTC109910.

Fortanix Technologies India has 4 current directors:

The latest financial statements of Fortanix 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 2018 are in the company report.

The GSTIN of Fortanix Technologies India is 29AADCF3018R1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Fortanix Technologies India is U72500KA2018FTC109910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fortanix Technologies India has 2 court cases on record: 2 filed by the company. 1 is pending.

Fortanix Technologies India was incorporated on 01 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Fortanix Technologies India by revenue are Axelerant Technologies Private Limited, Alepo Technologies Private Limited, Testhouse India Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities).

Ashokkumar Selvaraj ceased to be Additional Director on 29 Sep 2025. Connie Yi In Chung ceased to be Additional Director on 29 Sep 2025. Ashokkumar Selvaraj was appointed as Director on 20 Jun 2025. Fortanix Technologies India has 13 board changes on record in total.

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

The registered office of Fortanix Technologies India is at Urban Vault 460 First Floor C S Towers, 17th Cross Road 4th Sector, Bangalore, Karnataka, India – 560102.