NeoLotex

Bengaluru, India Founded: 2010 • Age: 16 yrs
Offers diversified application development and business process outsourcing services.

About NeoLotex

NeoLotex is a Business Services company based in Bengaluru (India) founded in 2010. It offers diversified application development and business process outsourcing services. It operates on a B2B model. The company has 57 employees. Its Indian entity Neolotex Business Solutions Private Limited reported revenue of β‚Ή5.04 Cr. Its focus areas include Technology, Information Technology, Application Development and BPO Services. Its competitors include Tech Mahindra and HCL Technologies.

Company details

NeoLotex offers diversified application development and business process outsourcing services, focusing on leveraging cutting-edge technology, information technology, application development, and bpo services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹5.04 Cr

    FY 2024 · +42% YoY

  • Net Profit
    ₹16.5 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹56.2 Lakh

    FY 2024 · 11% margin

  • Employee Count
    57

Board of directors of Neolotex Business Solutions Private Limited (NeoLotex)

Neolotex Business Solutions Private Limited is the primary company behind NeoLotex. The board of Neolotex Business Solutions Private Limited currently have 3 directors; the longest-serving is Mohanachandran Nair Renjith Krishnakumar, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Mohanachandran Nair Renjith Krishnakumar
DIN 06844802
Director13 Nov 201510 yrs 11 moNeolotex Business Solutions Private Limited
Praveen Kumar
DIN 07231866
Director13 Nov 201510 yrs 11 moNeolotex Business Solutions Private Limited
Haneef Mohammed Sherief
DIN 09221442
Director30 Jun 20215 yrs 4 moNeolotex Business Solutions Private Limited

Financials of NeoLotex

Figures of Neolotex Business Solutions Private Limited, the primary company behind NeoLotex, for FY 2024. Revenue was ₹5.04 Cr (+42% year on year). Net profit was ₹16.5 Lakh (3% margin). EBITDA was ₹56.2 Lakh (11% margin). Revenue has grown at a compounded annual rate of +63% over three years and +16% over five years.

  • ₹5.04 CrRevenue · FY 2024 · +42% YoY
  • ₹16.5 LakhNet profit · 3% margin
  • ₹56.2 LakhEBITDA · 11% margin
  • ₹6.4 LakhPaid-up capital
  • 57Employees (provident fund records)
  • +63%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Neolotex Business Solutions Private Limited are on its company page.

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Detailed financial statements for NeoLotex

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Competitors of NeoLotex

NeoLotex has 2 listed competitors in our database. They include Tech Mahindra and HCL Technologies.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
techmahindra.com1986Pune, India110,240
Provider of data analytics, cloud management, and business process outsourcing services
hcltech.com1976Noida, India118,815
Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services
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Detailed competitors of NeoLotex

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Top companies in Business Process Outsourcing (BPO)

3 companies that operate in the same segment as NeoLotex (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of outsourcing and business services
2007Bengaluru, Karnataka, IndiaUSD 1.63 B299
Cloud-based text analytics and cognitive automation services are provided.
1975Mumbai, Maharashtra, IndiaUSD 3 MUSD 211.78 M4,960
Electricity generation and distribution are provided in eastern India.
1879Kolkata, West Bengal, IndiaUSD 2.03 B5,688
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Frequently Asked Questions about NeoLotex

NeoLotex was founded in 2010.

NeoLotex is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

NeoLotex has 57 employees.

The primary company behind NeoLotex, Neolotex Business Solutions Private Limited, reported revenue of β‚Ή5.04 Cr for FY 2024, up 42% year on year.

NeoLotex offers diversified application development and business process outsourcing services, focusing on leveraging cutting-edge technology, information technology, application development, and bpo services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

NeoLotex's top competitors include Tech Mahindra and HCL Technologies.

NeoLotex operates through Neolotex Business Solutions Private Limited.

The legal entities of NeoLotex currently have 3 directors, including Mohanachandran Nair Renjith Krishnakumar, Haneef Mohammed Sherief, Praveen Kumar.

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