Spar Solutions India Private Limited

Spar Solutions India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2016FTC164494 Incorporated 14 May 2016 ROC Pune HQ Pune, Maharashtra, India
Active Foreign Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹30.26 Cr
▲ 15% YoY
Net profit · FY 2025
₹2.64 Cr
Net margin 8.7%
EBITDA · FY 2025
₹3.75 Cr
EBITDA margin 12.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
96
Provident fund records
Directors on board
3
As per MCA filings

About Spar Solutions India Private Limited

Data last updated:

Spar Solutions India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Spar Solutions Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016FTC164494. Its GSTIN is 27AAXCS0714R1ZH (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Swaminathan Ganapathy and Alok Kumarchandra Saxena.

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 C – 4 Nyati Chesterfield Near Corinthians Club Mohammedwadi, Pune, Maharashtra, India – 411060.

As per the financials filed for FY 2025, the company reported a revenue of ₹30.26 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.64 Cr (net margin 8.7%) and EBITDA of ₹3.75 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 36% over five years.

The company has about 96 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: SPAR Solutions.

Spar Solutions India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0321482). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparsolutions.com.

Company details

CIN U72900PN2016FTC164494
Registration Number 164494
Incorporation Date 14 May 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Spar Solutions Llc
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0321482

Recognitions & Rankings of Spar Solutions India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-26-0321482

Contact details

Spar Solutions India Private Limited's registered office is in Pune, Maharashtra. Its website is sparsolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    C – 4 Nyati Chesterfield Near Corinthians Club Mohammedwadi, Pune, Maharashtra, India – 411060
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Spar Solutions India Private Limited, buy the company report.

Comprehensive company report
Spar Solutions 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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Brands

Spar Solutions India operates one associated brand: SPAR Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Offers Salesforce implementation, AI services, and cloud consulting for enterprises.sparsolutions.com

Business activity

The main business activity of Spar Solutions 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 Spar Solutions India Private Limited, buy the company report.

Financials of Spar Solutions India Private Limited

FY 2025 filings available

Spar Solutions India Private Limited reported revenue of ₹30.26 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹30.26 Cr ▲ 15%
Net profit · FY 2025
₹2.64 Cr margin 8.7%
EBITDA · FY 2025
₹3.75 Cr margin 12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 50%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 87%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 15% growth in the latest year. EBITDA rose 22% 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₹3.75 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.64 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 Margin12.4%
Net Profit Margin8.7%
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 Spar Solutions India Private Limited, buy the company report.

Board of directors of Spar Solutions India Private Limited

Spar Solutions India has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Swaminathan GanapathyDirector14 May 201610 Years 5 MonthsCurrent
Alok Kumarchandra SaxenaDirector14 May 201610 Years 5 MonthsCurrent
Raju GanapathyDirector14 May 201610 Years 5 MonthsCurrent

Peer comparison

Spar Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Grep Ruby Webtech Private Limited₹30.45 Cr (FY 2024)52.0%Indore, Madhya Pradesh, India
SCH Infotech Private Limited₹30.43 Cr (FY 2025)51.0%Bangalore, Karnataka, India
Symphony Talent India Private Limited₹30.42 Cr (FY 2025)-11.0%Bangalore, Karnataka, India
Tarams Software Technologies Private Limited₹30.38 Cr (FY 2025)3.0%Bangalore, Karnataka, India
Unwired Labs (India) Private Limited₹30.32 Cr (FY 2024)-4.0%Hyderabad, Telangana, India
Spar Solutions India Private Limitedthis company₹30.26 Cr (FY 2025)₹2.64 Cr8.7%15.0%96Pune, Maharashtra, India
KBC Advanced Technologies Private Limited₹30.26 Cr (FY 2025)72.0%Mumbai, Maharashtra, India
Kwickedge Technology Private Limited₹30.25 Cr (FY 2025)-50.0%Bangalore, Karnataka, India
Chipsolve Technologies Private Limited₹30.24 Cr (FY 2025)37.0%Hyderabad, Telangana, India
Crowdanalytix Solutions Private Limited₹30.23 Cr (FY 2025)-4.0%Bangalore, Karnataka, India
Techd Cybersecurity Limited₹30.23 Cr (FY 2025)119.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Spar Solutions India Private Limited, buy the company report.

Auditor

Spar Solutions India Private Limited is audited by Mandar S Bhide & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mandar S Bhide & AssociatesFY 2023116657

Shareholding

The shareholding of Spar Solutions 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 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Spar Solutions India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Spar Solutions India Private Limited has a workforce of 96 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
96
Active EPFO establishments
1
Employee growth
20%

GST

Spar Solutions India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAXCS0714R1ZHMaharashtraActive01 Jul 2017

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

Recent activity

Spar Solutions India Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Alok Kumarchandra Saxena was appointed as Director on 14 May 2016.

AGM
Spar Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spar Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Alok Kumarchandra Saxena was appointed as Director.
Appointed
Raju Ganapathy was appointed as Director.
Appointed
Swaminathan Ganapathy was appointed as Director.
Incorporation
14 May 2016
Spar Solutions India Private Limited was registered on 14 May 2016 with Roc Pune & aged 10 years 5 months as per MCA records.

Frequently asked questions

Spar Solutions India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U72900PN2016FTC164494.

Spar Solutions India has 3 current directors:

The latest financial statements of Spar Solutions 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 2017 are in the company report.

The GSTIN of Spar Solutions India is 27AAXCS0714R1ZH, registered in Maharashtra.

The CIN (Corporate Identification Number) of Spar Solutions India is U72900PN2016FTC164494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spar Solutions India was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Spar Solutions India by revenue are Grep Ruby Webtech Private Limited, SCH Infotech Private Limited, Symphony Talent India Private Limited, Tarams Software Technologies Private Limited, Unwired Labs (India) Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Alok Kumarchandra Saxena was appointed as Director on 14 May 2016. Raju Ganapathy was appointed as Director on 14 May 2016. Swaminathan Ganapathy was appointed as Director on 14 May 2016.

Yes, Spar Solutions India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0321482).

Spar Solutions India can be reached through the website sparsolutions.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Spar Solutions India is at C – 4 Nyati Chesterfield Near Corinthians Club Mohammedwadi, Pune, Maharashtra, India – 411060.