About Pfscommerce Private Limited
Data last updated:
Pfscommerce Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Priority Fulfilment Services Inc Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC043339. Its GSTIN is 29AADCR7181F1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Ivasol Technology India Private Limited and Revtech Solutions India Private Limited. It is led by directors including Nagaraj Dhirendra Petkar and Tushar Mahadev Tirodkar.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at #62/63 First Floor We Work Pavilion Church Street, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2026, the company reported a revenue of ₹16.5 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Cr (net margin 13.1%) and EBITDA of ₹3.08 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 85% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PFSweb.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pfsweb.com.
Company details
Name history
Pfscommerce has undergone 4 name changes throughout its history. The current legal name is Pfscommerce Private Limited.
| Company Name | Status |
|---|---|
| Pfscommerce Private Limited | Current |
| Ivasol Technology India Private Limited | Previous |
| Revtech Solutions India Private Limited | Previous |
| Livearea Solutions Private Limited | Previous |
| Livearea Solutions India Private Limited | Previous |
Contact details
Pfscommerce Private Limited's registered office is in Bengaluru, Karnataka. Its website is pfsweb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#62/63 First Floor We Work Pavilion Church Street, Bengaluru, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Pfscommerce 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
Brands
Pfscommerce operates one associated brand: PFSweb. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital consulting, marketing, and call center services are provided. | pfsweb.com |
Business activity
The main business activity of Pfscommerce is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Pfscommerce Private Limited, buy the company report.
Financials of Pfscommerce Private Limited
FY 2026 filings availablePfscommerce Private Limited reported revenue of ₹16.5 Cr (up 7% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 85% over five years, including 7% growth in the latest year. EBITDA rose 28% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.16 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 13.1% | ||||
| 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 Pfscommerce Private Limited, buy the company report.
Board of directors of Pfscommerce Private Limited
Pfscommerce has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Dhirendra Petkar | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Tushar Mahadev Tirodkar Also directs: Gxo Logistics India Private Limited | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Richard Edward Francis Valitutto Also directs: Gxo Logistics India Private Limited | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Pfscommerce Private Limited is audited by Mohan and Sridhar for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohan and Sridhar | FY 2026 | 002097S |
Shareholding
The shareholding of Pfscommerce Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pfscommerce Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pfscommerce 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
No delayed payments to MSME suppliers are on our record for Pfscommerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pfscommerce has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Pfscommerce Private Limited has a workforce of 48 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 | 48 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Pfscommerce Private Limited, buy the company report.
GST
Pfscommerce has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCR7181F1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pfscommerce Private Limited, buy the company report.
Recent activity
Pfscommerce Private Limited has 20 board changes on record since 2008: 5 appointments and 15 cessations. The latest: Nagaraj Dhirendra Petkar was appointed as Director on 21 Oct 2024.
11 earlier events are in the company report.
Frequently asked questions
Pfscommerce is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 July 2007 (19+ years old) and is registered under CIN U72200KA2007PTC043339.
Pfscommerce has 3 current directors:
- Nagaraj Dhirendra Petkar - Director
- Tushar Mahadev Tirodkar - Director
- Richard Edward Francis Valitutto - Director
The latest financial statements of Pfscommerce on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pfscommerce is 29AADCR7181F1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Pfscommerce is U72200KA2007PTC043339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pfscommerce was incorporated on 09 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Nagaraj Dhirendra Petkar was appointed as Director on 21 Oct 2024. Richard Edward Francis Valitutto was appointed as Director on 21 Oct 2024. Tushar Mahadev Tirodkar was appointed as Director on 21 Oct 2024. Pfscommerce has 20 board changes on record in total.
Pfscommerce can be reached through the website pfsweb.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Pfscommerce is at #6263 First Floor We Work Pavilion Church Street, Bengaluru, Karnataka, India – 560001.
Pfscommerce operates in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
