About Cognizant Technology Services Private Limited
Data last updated:
Cognizant Technology Services Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Cognizant Technology Solutions India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 26 May 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2005PTC080877. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹125 Cr and a paid-up capital of ₹124.96 Cr. It was formerly known as Ubs Service Centre (India) Private Limited. It was led by directors including Karen Anne Mcloughlin and Sumithra Gomatam.
Its last annual general meeting (AGM) was held on 26 November 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2016, the company reported a revenue of ₹468.81 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹150.04 Cr (net margin 32%) and EBITDA of ₹215.84 Cr (EBITDA margin 46%).
The company had about 1,578 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹85 Cr on record. Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in December 2010.
The last known website on record is ubs.com.
Company details
CIN history
Cognizant Technology Services has one previous CIN (Corporate Identification Number): U74999AP2005PTC051823. The current CIN is U74999TN2005PTC080877, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TN2005PTC080877 | Current |
| U74999AP2005PTC051823 | Previous |
Contact details
Cognizant Technology Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ubs.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered Address6th Floor New No165 Old No 110 Menon Eternity Building St Mary'S Road, Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Cognizant Technology Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Cognizant Technology Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cognizant Technology Services Private Limited, buy the company report.
Financials of Cognizant Technology Services Private Limited
FY 2016 filings availableCognizant Technology Services Private Limited reported revenue of ₹468.81 Cr (up 21% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA rose 53% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹468.81 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹215.84 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹150.04 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 46% | |
| Net Profit Margin | 32% | |
| 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 Cognizant Technology Services Private Limited, buy the company report.
Board of directors of Cognizant Technology Services Private Limited
Cognizant Technology Services has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karen Anne Mcloughlin | Director | 26 Sep 2012 | 14 Years 1 Months | As last reported |
| Sumithra Gomatam Also directs: L&T Technology Services Limited, Wheels India Limited, Omega Healthcare Management Solutions Private Limited and 3 more | Director | 21 Aug 2015 | 11 Years 2 Months | As last reported |
| Chandrasekaran Ramakrishnan | Director | 30 Dec 2009 | 16 Years 10 Months | As last reported |
| Debashis Chatterjee Also directs: Brigade Enterprises Limited | Director | 21 Aug 2015 | 11 Years 2 Months | As last reported |
Auditor
Cognizant Technology Services Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP | FY 2016 | 304026E |
Shareholding
The shareholding of Cognizant Technology Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Cognizant Technology Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2009 | 10196523 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Satisfied | |
| 04 Dec 2007 | 10085803 | The Hongkong and Shanghai Banking Corporation Ltd | ₹60 Cr | Satisfied | |
| 21 Sep 2006 | 10264855 | Icici Bank Limited | ₹23 Cr | Satisfied |
To see the full charge records of Cognizant Technology Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Cognizant Technology Services Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in December 2010.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: CSS Investment LLC, Cognizant Technology Solutions India Private Limited Seller: UBS AG |
| Feb 2007 | Acquisition | ₹124.95 Cr | Buyer: Swiss Finance Corporation |
| Jul 2005 | Secondary share transfer | Undisclosed | Buyer: UBS AG, SBV AG Seller: 2 individuals |
To see the full deal history of Cognizant Technology Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cognizant Technology Services Private Limited has 13 court cases on record: 10 filed by Cognizant Technology Services, 3 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
| High courts | 3 | 3 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by The Commissioner of Income Tax-I | Pending |
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by PRL Chief Commissioner of Income Tax-1 | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Cognizant Technology Services Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Cognizant Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cognizant Technology Services has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cognizant Technology Services Private Limited, buy the company report.
Recent activity
Cognizant Technology Services Private Limited has 22 board changes on record since 2007: 4 appointments and 18 cessations. The latest: Steven Erik Schwartz ceased to be Director on 03 Nov 2016.
19 earlier events are in the company report.
News
Frequently asked questions
Cognizant Technology Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Cognizant Technology Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 26 May 2005 and is registered under CIN U74999TN2005PTC080877. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Cognizant Technology Services was incorporated on 26 May 2005. It is registered with the Registrar of Companies, Chennai.
Cognizant Technology Services had 4 directors:
- Karen Anne Mcloughlin - Director
- Sumithra Gomatam - Director
- Chandrasekaran Ramakrishnan - Director
- Debashis Chatterjee - Director
The CIN (Corporate Identification Number) of Cognizant Technology Services is U74999TN2005PTC080877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Cognizant Technology Services is at 6th Floor New No165 Old No 110 Menon Eternity Building St MaryS Road, Alwarpet, Chennai, Tamil Nadu, India – 600018.
Cognizant Technology Services can be reached through the website ubs.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Cognizant Technology Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 November 2016. Year-wise statements from 2015 are in the company report.
No. Cognizant Technology Services has 4 GST registrations on record and all of them are cancelled or inactive.
Cognizant Technology Services operated in the financial services industry, in the diversified financial services segment.
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