Shiftx (India) Private Limited

Shiftx (India) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2019FTC131456 Incorporated 04 September 2019 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹1.61 Cr
▲ 23% YoY
Net profit · FY 2025
₹24.4 Lakh
Net margin 15.1%
EBITDA · FY 2025
₹34.14 Lakh
EBITDA margin 21.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
12
Provident fund records
Directors on board
2
As per MCA filings

About Shiftx (India) Private Limited

Data last updated:

Shiftx (India) Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019FTC131456. Its GSTIN is 33ABCCS5926R1ZR (Tamil Nadu).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkata Lakshmi Sujatha Grandhi and Eswara Kumar Grandhi.

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 No 141 T V H Agnitio Park, Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.61 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹24.4 Lakh (net margin 15.1%) and EBITDA of ₹34.14 Lakh (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 36% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

For more details, the company can be reached via its website shiftx.ai.

Company details

CIN U72900TN2019FTC131456
Registration Number 131456
Incorporation Date 04 September 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Shiftx (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shiftx.ai. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    No 141 T V H Agnitio Park, Rajiv Gandhi Road Kottivakkam, Chennai, Tamil Nadu, India – 600041
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Shiftx (India) Private Limited, buy the company report.

Comprehensive company report
Shiftx (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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Business activity

The main business activity of Shiftx (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Shiftx (India) Private Limited, buy the company report.

Financials of Shiftx (India) Private Limited

FY 2025 filings available

Shiftx (India) Private Limited reported revenue of ₹1.61 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹1.61 Cr ▲ 23%
Net profit · FY 2025
₹24.4 Lakh margin 15.1%
EBITDA · FY 2025
₹34.14 Lakh margin 21.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 37%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 71%
5 years · compounded
▲ 62%

Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 23% growth in the latest year. EBITDA rose 85% 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₹34.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.4 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.2%
Net Profit Margin15.1%
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 Shiftx (India) Private Limited, buy the company report.

Board of directors of Shiftx (India) Private Limited

Shiftx (India) has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkata Lakshmi Sujatha GrandhiDirector04 Sep 20197 Years 2 MonthsCurrent
Eswara Kumar GrandhiDirector04 Sep 20197 Years 2 MonthsCurrent

Peer comparison

Shiftx (India) Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
N2n Technologies Limited₹1.61 Cr (FY 2024)163.0%Pune, Maharashtra, India
Shiftx (India) Private Limitedthis company₹1.61 Cr (FY 2025)₹24.4 Lakh15.1%23.0%12Chennai, Tamil Nadu, India
Simplex IT Services Private Limited₹1.61 Cr (FY 2023)27.0%Zirakpur, Punjab, India
Synaxis Logistics Private Limited₹1.61 Cr (FY 2024)12.0%Chandigarh, India

To see the full peer comparison of Shiftx (India) Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Shiftx (India) Private Limited has a workforce of 12 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
50%

GST

Shiftx (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33ABCCS5926R1ZRTamil NaduActive21 Feb 2020

To see the full GST registrations and return filing status of Shiftx (India) Private Limited, buy the company report.

Recent activity

Shiftx (India) Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Eswara Kumar Grandhi was appointed as Director on 04 Sep 2019.

AGM
Shiftx (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shiftx (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Eswara Kumar Grandhi was appointed as Director.
Appointed
Venkata Lakshmi Sujatha Grandhi was appointed as Director.
Incorporation
04 Sep 2019
Shiftx (India) Private Limited was registered on 04 Sep 2019 with Roc Chennai & aged 7 years 2 months as per MCA records.

Frequently asked questions

Shiftx (India) is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 September 2019 (7+ years old) and is registered under CIN U72900TN2019FTC131456.

Shiftx (India) has 2 current directors:

The latest financial statements of Shiftx (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 2020 are in the company report.

The GSTIN of Shiftx (India) is 33ABCCS5926R1ZR, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Shiftx (India) is U72900TN2019FTC131456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shiftx (India) was incorporated on 04 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Shiftx (India) by revenue are N2n Technologies Limited, Simplex IT Services Private Limited, Synaxis Logistics Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Eswara Kumar Grandhi was appointed as Director on 04 Sep 2019. Venkata Lakshmi Sujatha Grandhi was appointed as Director on 04 Sep 2019.

Shiftx (India) can be reached through the website shiftx.ai. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Shiftx (India) is at No 141 T V H Agnitio Park, Rajiv Gandhi Road Kottivakkam, Chennai, Tamil Nadu, India – 600041.

Shiftx (India) operates in the information technology industry, in the IT consulting and support services segment.