About Sourcen India Private Limited
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Sourcen India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2004PTC149427. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Ramachandran and Mani Srinath.
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 5th Floor . Kimatrai Bldg77/79 Maharshi Karve Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2015, the company reported a revenue of ₹5.43 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹32.78 Lakh (net margin -6%) and EBITDA of ₹17.44 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company is associated with 1 brand: SourceN. The company has 1 deal on record (1 acquisition); the latest was in May 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sourcen.com.
Company details
Contact details
Sourcen India Private Limited's registered office is in Mumbai, Maharashtra. Its website is sourcen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5th Floor . Kimatrai Bldg77/79 Maharshi Karve Road, Mumbai, Maharashtra, India – 400002
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sourcen India 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
Sourcen India operates one associated brand: SourceN. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom web and mobile application development services. | sourcen.com |
Financials of Sourcen India Private Limited
FY 2025 filings availableSourcen India Private Limited reported revenue of ₹5.43 Cr (up 22% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 22% growth in the latest year. EBITDA fell 73% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹5.43 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹17.44 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹32.78 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.2% |
| Net Profit Margin | -6% |
| 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 Sourcen India Private Limited, buy the company report.
Board of directors of Sourcen India Private Limited
Sourcen India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Ramachandran Also directs: Quiz Ole LLP, Samagyaansamata Foundation | Director | 25 Feb 2016 | 10 Years 8 Months | Current |
| Mani Srinath | Director | 24 Nov 2004 | 21 Years 11 Months | Current |
Auditor
Sourcen India Private Limited is audited by PRABHATH P BHAT & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRABHATH P BHAT & CO | FY 2015 | 002694S |
Shareholding
The shareholding of Sourcen India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sourcen India Private Limited, buy the company report.
Deals & funding
Sourcen India Private Limited has 1 deal on record (1 acquisition); the latest was in May 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Acquisition | Undisclosed | Buyer: Leisure and Lifestyle Information Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sourcen India 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 Sourcen India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sourcen India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Sourcen India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sourcen India Private Limited, buy the company report.
Recent activity
Sourcen India Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Karma Michung Bhutia ceased to be Additional Director on 27 Feb 2016.
Frequently asked questions
Sourcen India is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 November 2004 (22+ years old) and is registered under CIN U72100MH2004PTC149427.
Sourcen India has 2 current directors:
- Deepak Ramachandran - Director
- Mani Srinath - Director
The latest financial statements of Sourcen 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 2015 are in the company report.
No. Sourcen India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sourcen India is U72100MH2004PTC149427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcen India was incorporated on 05 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Sourcen India has 1 deal on record (1 acquisition); the latest was in May 2015.
Karma Michung Bhutia ceased to be Additional Director on 27 Feb 2016. Deepak Ramachandran was appointed as Director on 25 Feb 2016. Deepak Ramachandran ceased to be Managing Director on 01 Oct 2011. Sourcen India has 4 board changes on record in total.
Sourcen India can be reached through the website sourcen.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sourcen India is at 5th Floor . Kimatrai Bldg7779 Maharshi Karve Road, Mumbai, Maharashtra, India – 400002.
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