About Xfinite Technologies Private Limited
Data last updated:
Xfinite Technologies Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Xfinite Ventures Fz Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62013MH2015FTC267343. Its GSTIN is 27AADCI8988D1Z4 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹96.48 Lakh. It was formerly known as Infradigital Technologies Private Limited. It is led by directors Hemal Hasmukh Shah and Sia Sunil Lulla.
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 6 – A 4 6 – A 5 Sangeeta Apartments Juhu Road Santacruz West Mumbai – 400054, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.54 Cr (net margin 5.4%) and EBITDA of ₹2.16 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years and 203% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: AlternaCare and Xfinite. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in September 2018. Its 10 peer companies in the Outsourcing industry (Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is TTK Services Private Limited with revenue of ₹47.83 Cr. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 3 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 xfinite.io.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6 – A 4 6 – A 5 Sangeeta Apartments Juhu Road Santacruz West Mumbai – 400054, Maharashtra, India – 400054
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Xfinite Technologies Private Limited
The main business activities of Xfinite Technologies are support service to organizations and information and communication. In detail, this covers other support services to organizations, motion picture, video and television programme production, sound recording and music publishing activities and other information & communication service activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Xfinite Technologies Private Limited FY 2025 filings available
Xfinite Technologies Private Limited reported revenue of ₹47.16 Cr (up 808% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Xfinite Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 203% over five years, including 808% growth in the latest year. EBITDA rose 136% 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 of Xfinite Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.54 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 of Xfinite Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Xfinite Technologies are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Xfinite Technologies Private Limited
Xfinite Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TTK Services Private Limited | ₹47.83 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore South, Karnataka, India |
| Rajy Advisory Services Private Limited | ₹47.65 Cr (FY 2023) | •••• | •••• | 18268.0% | •••• | Delhi, India |
| Cynet Systems Private Limited | ₹47.41 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Noida, Uttar Pradesh, India |
| Murugappa Management Services Private Limited | ₹47.41 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Chennai, Tamil Nadu, India |
| I Squared India Advisors Private Limited | ₹47.22 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Xfinite Technologies Private Limited this company | ₹47.16 Cr (FY 2024) | •••• | •••• | 808.0% | •••• | Mumbai, Maharashtra, India |
| Kashi Security and Consulting Services Private Limited | ₹47.1 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore North, Karnataka, India |
| Waterfield Financial and Investment Advisors Private Limited | ₹47.07 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| L2 Software Development India Private Limited | ₹46.98 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore South, Karnataka, India |
| Aec Education Private Limited | ₹46.96 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Delhi, India |
| Rave Gears India Limited | ₹46.96 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Xfinite Technologies by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Xfinite Technologies Private Limited
Xfinite Technologies Private Limited is audited by Haribhakti & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Haribhakti & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Xfinite Technologies Private Limited
Xfinite Technologies has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemal Hasmukh Shah Also directs: Haristudios LLP, Immerso Innovation Venture Private Limited | Director | 04 Sep 2019 | 7 Years 1 Months | Current |
| Sia Sunil Lulla Also directs: Immerso Innovation Venture Private Limited | Director | 10 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Xfinite Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Xfinite Technologies Private Limited
Xfinite Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Xfinite Technologies Private Limited
Xfinite Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in September 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: EXR Corporation Pte Limited Seller: Eros Labs |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2017 | Acquisition | Undisclosed | Buyer: Innertech Media Solutions Private Limited Seller: Xfinite Technologies Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Xfinite Technologies Private Limited
Xfinite Technologies Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Neosoft Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Company is another party | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Xfinite Technologies Private Limited
Xfinite Technologies Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jayantilal Thakkar & Co. | •••• | •••• | •••• |
| Huntingcube Recruitment Solutions Private Limited | •••• | •••• | •••• |
| Pioneer HR Solutions Pvt Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Xfinite Technologies Private Limited
Xfinite Technologies operates two associated brands: AlternaCare and Xfinite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as an online platform for video health consultations. | alterna.care | |
| Blockchain-based on-demand streaming solutions are provided by Xfinite. | xfinite.io |
Employees and EPFO Compliance at Xfinite Technologies Private Limited
Xfinite Technologies Private Limited has a workforce of 40 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Xfinite Technologies Private Limited
Xfinite Technologies has one previous CIN (Corporate Identification Number): U30005MH2015FTC267343. The current CIN is U62013MH2015FTC267343, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62013MH2015FTC267343 | Current |
| U30005MH2015FTC267343 | Previous |
Recent Activity on Xfinite Technologies Private Limited
Xfinite Technologies Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Sia Sunil Lulla ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Xfinite Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Xfinite Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Xfinite Technologies Private Limited
Xfinite Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI8988D1Z4 | Maharashtra | Active | 15 Nov 2019 |
| 07AADCI8988D1Z6 | Delhi | Active | 07 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Xfinite Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Xfinite Technologies Private Limited
Xfinite Technologies is an active foreign 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 10 August 2015 (11+ years old) and is registered under CIN U62013MH2015FTC267343.
Xfinite Technologies reported revenue of ₹47.16 Cr for FY 2024 (up 808% YoY).
Xfinite Technologies has 2 current directors:
- Hemal Hasmukh Shah - Director
- Sia Sunil Lulla - Director
Xfinite Technologies reported a net profit of ₹2.54 Cr (net margin 5.4%) and EBITDA of ₹2.16 Cr (EBITDA margin 4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Xfinite Technologies is 108% over three years and 203% over five years. In the latest year (FY 2024) revenue rose 808%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Xfinite Technologies is 27AADCI8988D1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AADCI8988D1Z6 (Delhi).
The CIN (Corporate Identification Number) of Xfinite Technologies is U62013MH2015FTC267343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xfinite Technologies has 2 court cases on record: 1 filed against it. 1 is pending. Most are in the high courts.
Xfinite Technologies was incorporated on 10 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Xfinite Technologies has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in September 2018.
The peers of Xfinite Technologies by revenue are TTK Services Private Limited, Rajy Advisory Services Private Limited, Cynet Systems Private Limited, Murugappa Management Services Private Limited, I Squared India Advisors Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Sia Sunil Lulla ceased to be Additional Director on 29 Sep 2025. Sia Sunil Lulla was appointed as Director on 10 Mar 2025. Mukul Jain ceased to be Additional Director on 28 Dec 2020. Xfinite Technologies has 9 board changes on record in total.