Vistex Asia-Pacific Private Limited

Vistex Asia-Pacific Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2003PTC142888 Incorporated 28 October 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Revenue · FY 2025
₹188.29 Cr
▲ 17% YoY
Net profit · FY 2025
₹24.95 Cr
Net margin 13.3%
EBITDA · FY 2025
₹35.43 Cr
EBITDA margin 18.8%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.08 Cr
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
831
Provident fund records
Directors on board
3
As per MCA filings

About Vistex Asia-Pacific Private Limited

Data last updated:

Vistex Asia-Pacific Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vistex Inc (Usa). It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2003PTC142888. Its GSTIN is 27AABCV7660D1ZA (Maharashtra). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.08 Cr. It was formerly known as Vistex (India) Private Limited. It is led by directors including Nidhi Tiwari and Arun Roy.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹188.29 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹24.95 Cr (net margin 13.3%) and EBITDA of ₹35.43 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.

The company has about 831 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Vistex. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2024. Its 4 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 3 smaller; the largest is Quadra Systems.Net India Private Limited with revenue of ₹193.41 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2021, listing 2 overdue payments to 2 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 vistex.com.

Company details

CIN U72900MH2003PTC142888
Registration Number 142888
Incorporation Date 28 October 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Vistex Inc (Usa)
Compliance Status Active Compliant

Contact details

Vistex Asia-Pacific Private Limited's registered office is in Mumbai, Maharashtra. Its website is vistex.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Unit No. 401 4th Floor Windfall, Sahar Plaza Complex Andheri Kurla Road, Mumbai, Maharashtra, India – 400059
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Vistex Asia-Pacific Private Limited, buy the company report.

Comprehensive company report
Vistex Asia-Pacific 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

Vistex Asia-Pacific operates one associated brand: Vistex. Each brand links to its own profile.

BrandDescriptionWebsite
Channel management solutions are delivered via an integrated platform.vistex.com

Business activity

The main business activity of Vistex Asia-Pacific 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 Vistex Asia-Pacific Private Limited, buy the company report.

Financials of Vistex Asia-Pacific Private Limited

FY 2025 filings available

Vistex Asia-Pacific Private Limited reported revenue of ₹188.29 Cr (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹188.29 Cr ▲ 17%
Net profit · FY 2025
₹24.95 Cr margin 13.3%
EBITDA · FY 2025
₹35.43 Cr margin 18.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 17%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 17%
5 years · compounded
▲ 13%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 17% growth in the latest year. EBITDA rose 18% 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₹35.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.95 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 Margin18.8%
Net Profit Margin13.3%
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 Vistex Asia-Pacific Private Limited, buy the company report.

Board of directors of Vistex Asia-Pacific Private Limited

Vistex Asia-Pacific has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nidhi TiwariDirector05 Feb 20251 Years 9 MonthsCurrent
Arun RoyDirector04 Jul 20242 Years 4 MonthsCurrent
Hemali Sanjay ShahDirector04 Jul 20242 Years 4 MonthsCurrent

Peer comparison

Vistex Asia-Pacific Private Limited is compared with the 4 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
Quadra Systems.Net India Private Limited₹193.41 Cr (FY 2024)17.0%Bangalore, Karnataka, India
Vistex Asia-Pacific Private Limitedthis company₹188.29 Cr (FY 2025)₹24.95 Cr13.3%17.0%831Mumbai, Maharashtra, India
Xpanxion International Private Limited₹186.65 Cr (FY 2025)-33.0%Kakkanad, Kerala, India
Heron Health Private Limited₹185.92 Cr (FY 2025)-4.0%Hyderabad, Telangana, India
Diaspark Infotech Private Limited₹184.23 Cr (FY 2025)-6.0%Indore, Madhya Pradesh, India

To see the full peer comparison of Vistex Asia-Pacific Private Limited, buy the company report.

Auditor

Vistex Asia-Pacific Private Limited is audited by Pravin R. Navandar & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Pravin R. Navandar & CoFY 2023108175W

Shareholding

The shareholding of Vistex Asia-Pacific 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 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vistex Asia-Pacific Private Limited, buy the company report.

Deals & funding

Vistex Asia-Pacific Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2024.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹99 Lakh

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2012Funding round₹99 LakhInvestors: Vistex Inc Usa, an individual
Mar 2010Secondary share transferUndisclosedBuyer: Vistex Inc Usa
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Vistex Asia-Pacific Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 2 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Win Win Works Private Limited
Sampoorna Consultants Pvt Ltd

To see the full MSME payment records of Vistex Asia-Pacific Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vistex Asia-Pacific Private Limited has a workforce of 831 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
831
Active EPFO establishments
1
Employee growth
18.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27831
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Vistex Asia-Pacific Private Limited, buy the company report.

GST

Vistex Asia-Pacific has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AABCV7660D1ZAMaharashtraActive01 Jul 2017
36AABCV7660D7Z5TelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Vistex Asia-Pacific Private Limited, buy the company report.

Recent activity

Vistex Asia-Pacific Private Limited has 9 board changes on record since 2024: 3 appointments and 6 cessations. The latest: Nidhi Tiwari ceased to be Additional Director on 17 Sep 2025.

AGM
Vistex Asia-Pacific Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Nidhi Tiwari ceased to be Additional Director.
Filing
Vistex Asia-Pacific Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Nidhi Tiwari was appointed as Director.
Ceased
Chirag Dinesh Shah ceased to be Director.
Ceased
Arun Roy ceased to be Additional Director.
Ceased
Hemali Sanjay Shah ceased to be Additional Director.
Ceased
Dinesh Shantilal Shah ceased to be Director.
Appointed
Arun Roy was appointed as Director.
Appointed
Hemali Sanjay Shah was appointed as Director.
Ceased
Sanjay Dinesh Shah ceased to be Director.
Incorporation
28 Oct 2003
Vistex Asia-Pacific Private Limited was registered on 28 Oct 2003 with Roc Mumbai & aged 23 years 16 days as per MCA records.

Frequently asked questions

Vistex Asia-Pacific 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 28 October 2003 (23+ years old) and is registered under CIN U72900MH2003PTC142888.

Vistex Asia-Pacific has 3 current directors:

The latest financial statements of Vistex Asia-Pacific on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vistex Asia-Pacific is 27AABCV7660D1ZA, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 36AABCV7660D7Z5 (Telangana).

The CIN (Corporate Identification Number) of Vistex Asia-Pacific is U72900MH2003PTC142888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vistex Asia-Pacific has 2 court cases on record: 2 filed by the company. 1 is pending.

Vistex Asia-Pacific was incorporated on 28 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Vistex Asia-Pacific has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2024.

The peers of Vistex Asia-Pacific by revenue are Quadra Systems.Net India Private Limited, Xpanxion International Private Limited, Heron Health Private Limited, Diaspark Infotech Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Nidhi Tiwari ceased to be Additional Director on 17 Sep 2025. Nidhi Tiwari was appointed as Director on 05 Feb 2025. Chirag Dinesh Shah ceased to be Director on 01 Feb 2025. Vistex Asia-Pacific has 9 board changes on record in total.

Vistex Asia-Pacific has 2 MSME Form 1 returns on record between 2019 and 2021, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 01 Nov 2021.

Vistex Asia-Pacific can be reached through the website vistex.com. Its registered office is in Mumbai, Maharashtra, India.