Recursion International Private Limited
About Recursion International Private Limited
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Recursion International Private Limited is a private limited company based in Panipat, Haryana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2013PTC048755. Its GSTIN is 06AAGCR3790P1ZP (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Shivam Gupta and Ishita Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No. 283 New Sukhdev Nagar, Panipat, Haryana, India – 132103.
As per the financials filed for FY 2024, the company reported a revenue of ₹90,335, a growth of 130% compared to the previous year. For the same year it recorded a net loss of ₹2.05 Lakh (net margin -227.4%) and EBITDA of -₹2.04 Lakh (EBITDA margin -225.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH.No. 283 New Sukhdev Nagar, Panipat, Haryana, India – 132103
- 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
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Business Activity of Recursion International Private Limited
The main business activity of Recursion International is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Recursion International Private Limited FY 2024 filings available
Recursion International Private Limited reported revenue of ₹90,335 (up 130% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Recursion International Private Limited
Revenue rose 130% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 44%. EBITDA rose 47% 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 Recursion International Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.05 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 of Recursion International Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -225.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -227.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Recursion International 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.
Board of Directors of Recursion International Private Limited
Recursion International has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivam Gupta | Director | 22 Aug 2013 | 13 Years 1 Months | Current |
| Ishita Gupta | Director | 25 Apr 2021 | 5 Years 5 Months | Current |
| Luna Madeleine Halm | Director | 25 Apr 2021 | 5 Years 5 Months | Current |
| Jagdish Gupta Also directs: Akoni Developers LLP | Director | 05 Apr 2013 | 13 Years 6 Months | Current |
| Anubha Gupta Also directs: Jai Shree Radhey Packaging LLP | Director | 05 Apr 2013 | 13 Years 6 Months | Current |
Peer Comparison of Recursion International Private Limited
Recursion International Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peerkin Education Private Limited | ₹92,515 (FY 2021) | •••• | •••• | 54.0% | •••• | Mandideep, Madhya Pradesh, India |
| Experience Entertainment Education Private Limited | ₹92,160 (FY 2025) | •••• | •••• | •••• | Kancheepuram, Tamil Nadu, India | |
| Homeguruji Educators Private Limited | ₹91,870 (FY 2024) | •••• | •••• | -90.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Xpert De Education and Migration Private Limited | ₹91,510 (FY 2025) | •••• | •••• | -78.0% | •••• | Karnal, Haryana, India |
| Gurupaath Education Private Limited | ₹90,870 (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Recursion International Private Limited this company | ₹90,335 (FY 2024) | •••• | •••• | 130.0% | •••• | Panipat, Haryana, India |
| Asanaj Healthcare Education and Research Foundation | ₹90,223 (FY 2025) | •••• | •••• | -59.0% | •••• | Mumbai, Maharashtra, India |
| G-Tec Jain Keerti Career Education Private Limited | ₹90,000 (FY 2025) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
| Iana Education Private Limited | ₹90,000 (FY 2022) | •••• | •••• | -55.0% | •••• | Bhubaneswar, Odisha, India |
| Satya Education and Consulting Private Limited | ₹89,893 (FY 2019) | •••• | •••• | 22.0% | •••• | Puducherry, India |
| Prayog Education Digi Private Limited | ₹89,512 (FY 2022) | •••• | •••• | -38.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Recursion International by revenue in the Ecommerce and Internet industry (Education), 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 Recursion International Private Limited
Recursion International Private Limited is audited by Rakesh R. Garg & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rakesh R. Garg & Co. | 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.
Ownership and Shareholding of Recursion International 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 Recursion International Private Limited
Recursion International Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Recursion International Private Limited
Employment history and EPFO contributions of people linked to Recursion International.
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 Recursion International Private Limited
Recursion International Private Limited has 7 board changes on record since 2013: 5 appointments and 2 cessations. The latest: Ishita Gupta ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Recursion International 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 Recursion International 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 Recursion International 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 Recursion International Private Limited
Recursion International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCR3790P1ZP | Haryana | Active | 07 Apr 2018 |
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 Recursion International 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 Recursion International Private Limited
Recursion International is an active private limited company based in Panipat, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 April 2013 (13+ years old) and is registered under CIN U72200HR2013PTC048755.
Recursion International reported revenue of ₹90,335 for FY 2024 (up 130% YoY).
Recursion International has 5 current directors:
- Shivam Gupta - Director
- Ishita Gupta - Director
- Luna Madeleine Halm - Director
- Jagdish Gupta - Director
- Anubha Gupta - Director
Recursion International reported a net loss of ₹2.05 Lakh (net margin -227.4%) and EBITDA of -₹2.04 Lakh (EBITDA margin -225.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Recursion International is -29% over three years and -44% over five years. In the latest year (FY 2024) revenue rose 130%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Recursion International is 06AAGCR3790P1ZP, registered in Haryana.
The CIN (Corporate Identification Number) of Recursion International is U72200HR2013PTC048755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recursion International was incorporated on 05 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Recursion International by revenue are Peerkin Education Private Limited, Experience Entertainment Education Private Limited, Homeguruji Educators Private Limited, Xpert De Education and Migration Private Limited, Gurupaath Education Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).
Ishita Gupta ceased to be Additional Director on 30 Nov 2021. Luna Madeleine Halm ceased to be Additional Director on 30 Nov 2021. Ishita Gupta was appointed as Director on 25 Apr 2021. Recursion International has 7 board changes on record in total.
The registered office of Recursion International is at H.No. 283 New Sukhdev Nagar, Panipat, Haryana, India – 132103.