About Basix Forex & Financial Solutions Private Limited
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Basix Forex & Financial Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Almus Risk Consulting Llp. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 27 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2002PTC048520. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Maulik Rajnikant Shah and Jayaram Krishnamurthy.
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 Flat No.3 1st Floor Sangeetha Apartments 5 Balamuthukrishna Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.54 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Lakh (net margin -19.1%) and EBITDA of -₹1.69 Lakh (EBITDA margin -25.9%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 34% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website basixfx.com.
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- Registered AddressFlat No.3 1st Floor Sangeetha Apartments 5 Balamuthukrishna Street T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
- 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 Basix Forex & Financial Solutions Private Limited FY 2025 filings available
Basix Forex & Financial Solutions Private Limited reported revenue of ₹6.54 Lakh (down 68% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Basix Forex & Financial Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 68% fall 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 Basix Forex & Financial Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.54 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.25 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 Basix Forex & Financial Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -19.1% | •••• | •••• | •••• | •••• |
| 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 Basix Forex & Financial Solutions are in the company report.
Financial statements from 2015
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 Basix Forex & Financial Solutions Private Limited
Basix Forex & Financial Solutions Private Limited is audited by NILESH J PANCHAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NILESH J PANCHAL & CO | 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 Basix Forex & Financial Solutions Private Limited
Basix Forex & Financial Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maulik Rajnikant Shah Also directs: Almus Risk Consulting LLP, Sudaro LLP | Director | 05 May 2016 | 10 Years 5 Months | Current |
| Jayaram Krishnamurthy Also directs: Almus Risk Consulting LLP | Director | 25 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Basix Forex & Financial Solutions 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 Basix Forex & Financial Solutions Private Limited
Basix Forex & Financial Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Basix Forex & Financial Solutions Private Limited
Employment history and EPFO contributions of people linked to Basix Forex & Financial Solutions.
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 Basix Forex & Financial Solutions Private Limited
Basix Forex & Financial Solutions Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: David Arputharaj ceased to be Managing Director on 26 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Basix Forex & Financial Solutions 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 Basix Forex & Financial Solutions 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 Basix Forex & Financial Solutions 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 Basix Forex & Financial Solutions Private Limited
Basix Forex & Financial Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Basix Forex & Financial Solutions 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 Basix Forex & Financial Solutions Private Limited
Basix Forex & Financial Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 27 February 2002 (24+ years old) and is registered under CIN U67190TN2002PTC048520.
Basix Forex & Financial Solutions reported revenue of ₹6.54 Lakh for FY 2020 (down 68% YoY).
Basix Forex & Financial Solutions has 2 current directors:
- Maulik Rajnikant Shah - Director
- Jayaram Krishnamurthy - Director
Basix Forex & Financial Solutions reported a net loss of ₹1.25 Lakh (net margin -19.1%) and EBITDA of -₹1.69 Lakh (EBITDA margin -25.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Basix Forex & Financial Solutions is -46% over three years and -34% over five years. In the latest year (FY 2020) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
No. Basix Forex & Financial Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Basix Forex & Financial Solutions is U67190TN2002PTC048520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basix Forex & Financial Solutions was incorporated on 27 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
David Arputharaj ceased to be Managing Director on 26 Feb 2020. Jayaram Krishnamurthy was appointed as Director on 25 Jun 2019. Amalorpavam Grace Joseph ceased to be Director on 11 Mar 2019. Basix Forex & Financial Solutions has 5 board changes on record in total.
Basix Forex & Financial Solutions can be reached through the website basixfx.com. Its registered office is in Chennai, Tamil Nadu, India.