About Veritas Software Technologies India Private Limited
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Veritas Software Technologies India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Veritas Nl Intermediate Holdings B.V.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2015FTC154978. Its GSTIN is 07AAFCV1059A1ZP (Delhi). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹13 Lakh and a paid-up capital of ₹2.58 Lakh. It is led by directors Vasudevan Vaidyanathan (Whole-Time Director) and Abhijeet Ramchandra Desai (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Panchshil Business Park, Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,342.94 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹332.23 Cr (net margin 24.7%) and EBITDA of ₹514.4 Cr (EBITDA margin 38.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 2,939 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veritas Technologies. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 4 cases are pending. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹432.45 Cr; the latest was in January 2016. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Pentagon System and Services Private Limited with revenue of ₹1,412.17 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 653 overdue payments to 52 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritas.com.
Company details
Contact details
Veritas Software Technologies India Private Limited's registered office is in Pune, Maharashtra. Its website is veritas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPanchshil Business Park 11th To 15th Floor, Building C Survey No. 20 Balewadi, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Veritas Software Technologies 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
Veritas Software Technologies India operates one associated brand: Veritas Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud and AI-based data governance software is delivered for enterprises. | veritas.com |
Business activity
The main business activity of Veritas Software Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Veritas Software Technologies India Private Limited, buy the company report.
Financials of Veritas Software Technologies India Private Limited
FY 2025 filings availableVeritas Software Technologies India Private Limited reported revenue of ₹1,342.94 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 1% growth in the latest year. EBITDA rose 72% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹514.4 Cr | ||||
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| Net Profit (PAT) | ₹332.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 38.3% | ||||
| Net Profit Margin | 24.7% | ||||
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To see the full financial statements and ratios of Veritas Software Technologies India Private Limited, buy the company report.
Board of directors of Veritas Software Technologies India Private Limited
Veritas Software Technologies India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudevan Vaidyanathan | Whole-Time Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Abhijeet Ramchandra Desai | Whole-Time Director | 24 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Veritas Software Technologies 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pentagon System and Services Private Limited | ₹1,412.17 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Parametric Technology (India) Private Limited | ₹1,398.19 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Ascendion Digital Solutions Private Limited | ₹1,395.7 Cr (FY 2025) | 3.0% | Vadodara, Gujarat, India | |||
| W S Atkins (India) Private Limited | ₹1,394.92 Cr (FY 2025) | 33.0% | Bangalore, Karnataka, India | |||
| Galaxy Office Automation Pvt Ltd | ₹1,372.34 Cr (FY 2025) | 82.0% | Mumbai, Maharashtra, India | |||
| Veritas Software Technologies India Private Limitedthis company | ₹1,342.94 Cr (FY 2025) | ₹332.23 Cr | 24.7% | 1.0% | 2,939 | Pune, Maharashtra, India |
| Ariba Technologies India Private Limited | ₹1,336.5 Cr (FY 2025) | 29.0% | Bgnorth, Karnataka, India | |||
| Arcesium India Private Limited | ₹1,334.84 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| HP Computing and Printing Systems India Private Limited | ₹1,319.7 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| BMC Software India Private Limited | ₹1,318.99 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Hitachi Vantara India Private Limited | ₹1,316.41 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Veritas Software Technologies India Private Limited, buy the company report.
Auditor
Veritas Software Technologies India Private Limited is audited by SRBC & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & CO LLP | FY 2023 | 324982E/ E30003 |
Shareholding
The shareholding of Veritas Software Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veritas Software Technologies India Private Limited, buy the company report.
Deals & funding
Veritas Software Technologies India Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹432.45 Cr; the latest was in January 2016.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Veritas NL Intermediate Holdings B V & Veritas India Holdings LLC, Veritas NL Intermediate Holdings B V Seller: Veritas Operating Corporation, Veritas Operating Corporation & Veritas India Holdings LLC |
To see the full deal history of Veritas Software Technologies India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veritas Software Technologies India Private Limited has 6 court cases on record: 4 filed by Veritas Software Technologies India, 2 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 4 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
| High Court | Writ petition | Filed by the company against State of Maharashtra and 4 others | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 4 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed by the company against Additional/Joint/Deputy/Assistant Commissioner of Income Tax/Income-Tax Officer and 2 Ors and 2 others | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 4 | Disposed |
To see the full case history of Veritas Software Technologies India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Veritas Software Technologies India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 653 overdue payments to 52 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mcits Technologies Private Limited | |||
| Systech Services Limited | |||
| Innofitt Systems Private Limited | |||
| Runbuddies Races LLP | |||
| Cybersecurist Technologies Private Limited |
To see the full MSME payment records of Veritas Software Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Veritas Software Technologies India Private Limited has a workforce of 2,939 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Veritas Software Technologies India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCV1059A1ZP | Delhi | Active | 01 Jul 2017 |
| 27AAFCV1059A1ZN | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCV1059A2ZM | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCV1059A1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritas Software Technologies India Private Limited, buy the company report.
Recent activity
Veritas Software Technologies India Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Abhijeet Ramchandra Desai was appointed as Whole-Time Director on 24 Dec 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Veritas Software Technologies India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 May 2015 (11+ years old) and is registered under CIN U72200PN2015FTC154978.
Veritas Software Technologies India has 2 current directors:
- Vasudevan Vaidyanathan - Whole-Time Director
- Abhijeet Ramchandra Desai - Whole-Time Director
The latest financial statements of Veritas Software Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 December 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Veritas Software Technologies India is 07AAFCV1059A1ZP, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAFCV1059A1ZN (Maharashtra), 27AAFCV1059A2ZM (Maharashtra), 29AAFCV1059A1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Veritas Software Technologies India is U72200PN2015FTC154978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Software Technologies India has 6 court cases on record: 4 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Veritas Software Technologies India was incorporated on 12 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Veritas Software Technologies India has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹432.45 Cr; the latest was in January 2016.
The peers of Veritas Software Technologies India by revenue are Pentagon System and Services Private Limited, Parametric Technology (India) Private Limited, Ascendion Digital Solutions Private Limited, W S Atkins (India) Private Limited, Galaxy Office Automation Pvt Ltd and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Abhijeet Ramchandra Desai was appointed as Whole-Time Director on 24 Dec 2025. Vijay Yashwant Mhaskar ceased to be Director on 23 Sep 2021. Vijay Yashwant Mhaskar was appointed as Whole-Time Director on 23 Sep 2021. Veritas Software Technologies India has 13 board changes on record in total.
Veritas Software Technologies India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 653 overdue payments to 52 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Veritas Software Technologies India can be reached through the website veritas.com. Its registered office is in Pune, Maharashtra, India.