About Apsalar Analytics Private Limited
Data last updated:
Apsalar Analytics Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Apsalar Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC095387. Its GSTIN is 29AAOCA7401L1ZA (Karnataka).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Tsafrir Belfer and Eran Fridman.
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 Wework 43 Residency Rd Shanthala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.48 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹57.37 Lakh (net margin 6.1%) and EBITDA of ₹96.26 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
The company has about 42 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website debtnirvana.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWework 43 Residency Rd Shanthala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025
- 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
Financials of Apsalar Analytics Private Limited FY 2025 filings available
Apsalar Analytics Private Limited reported revenue of ₹9.48 Cr (up 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Apsalar Analytics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 63% over three years, including 90% growth in the latest year. EBITDA rose 93% 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 Apsalar Analytics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.48 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹96.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57.37 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 of Apsalar Analytics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 Apsalar Analytics are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Apsalar Analytics Private Limited
Apsalar Analytics Private Limited is audited by K N S G & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N S G & 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 Apsalar Analytics Private Limited
Apsalar Analytics has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tsafrir Belfer | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Eran Fridman | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Narasimha Murthy Priyanka | Director | - | Current | |
| Shambhavi Kishor Kantak | Director | 07 May 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Apsalar Analytics 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 Apsalar Analytics Private Limited
Apsalar Analytics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Apsalar Analytics Private Limited
Apsalar Analytics Private Limited has a workforce of 42 employees as of Apr 06, 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.
Recent Activity on Apsalar Analytics Private Limited
Apsalar Analytics Private Limited has 12 board changes on record since 2018: 3 appointments and 9 cessations. The latest: Narasimha Murthy Priyanka ceased to be Director on 26 May 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Apsalar Analytics 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.
MSME Payment Delays by Apsalar Analytics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Apsalar Analytics 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 Apsalar Analytics Private Limited
Apsalar Analytics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA7401L1ZA | Karnataka | Active | 06 Oct 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 Apsalar Analytics 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 Apsalar Analytics Private Limited
Apsalar Analytics is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 July 2016 (10+ years old) and is registered under CIN U74999KA2016FTC095387.
Apsalar Analytics reported revenue of ₹9.48 Cr for FY 2022 (up 90% YoY).
Apsalar Analytics has 4 current directors:
- Tsafrir Belfer - Director
- Eran Fridman - Director
- Narasimha Murthy Priyanka - Director
- Shambhavi Kishor Kantak - Director
Apsalar Analytics reported a net profit of ₹57.37 Lakh (net margin 6.1%) and EBITDA of ₹96.26 Lakh (EBITDA margin 10.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Apsalar Analytics is 63% over three years. In the latest year (FY 2022) revenue rose 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Apsalar Analytics is 29AAOCA7401L1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Apsalar Analytics is U74999KA2016FTC095387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apsalar Analytics was incorporated on 29 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Narasimha Murthy Priyanka ceased to be Director on 26 May 2025. Shambhavi Kishor Kantak was appointed as Director on 07 May 2025. Ankur Saxena ceased to be Director on 26 Jul 2024. Apsalar Analytics has 12 board changes on record in total.
Apsalar Analytics can be reached through the website debtnirvana.com. Its registered office is in Bengaluru, Karnataka, India.