About Concentrix Services India Private Limited
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Concentrix Services India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Concentrix Daksh Services India Private Limited. It operates in the business process outsourcing sector. It was incorporated on 09 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U99999KA1995PTC052040. Its GSTIN is 29AAACT1567A2ZK (Karnataka). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹2.69 Cr. It was formerly known as Minacs Private Limited and Teritex Holding Pvt Ltd. It is led by directors including Abhishek Vidyarthi (Whole-Time Director) and Jane Catherine Fogarty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Millennium Towers Itpl Road Brookefields, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹774.64 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹51.12 Cr (net margin 6.6%) and EBITDA of ₹146.66 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 11,334 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Concentrix. As per MCA filings, the company has satisfied charges of ₹628.54 Cr on record. Court records list 97 cases involving the company, including 48 filed by the company and 46 filed against it; 15 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹112.83 Cr; the latest was in March 2017. Its 10 peer companies in the Outsourcing industry (Diversified BPO) are compared by revenue, 5 larger and 5 smaller; the largest is Mindsprint Digital (India) Private Limited with revenue of ₹810.31 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 342 overdue payments to 84 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 concentrix.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor Millennium Towers Itpl Road Brookefields, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 Concentrix Services India Private Limited
The main business activity of Concentrix Services India is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | 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 Concentrix Services India Private Limited FY 2024 filings available
Concentrix Services India Private Limited reported revenue of ₹774.64 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Concentrix Services India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 15% growth in the latest year. EBITDA rose 6% 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 Concentrix Services India 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 | ₹146.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.12 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 Concentrix Services India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Concentrix Services India 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.
Peer Comparison of Concentrix Services India Private Limited
Concentrix Services India Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mindsprint Digital (India) Private Limited | ₹810.31 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Ss&C Fintech Services India Private Limited | ₹786.24 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Deutsche Cib Centre Private Limited | ₹784.87 Cr (FY 2022) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Inductis (India) Private Limited | ₹783.76 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Xerox Business Services India Private Limited | ₹777.44 Cr (FY 2016) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Concentrix Services India Private Limited this company | ₹774.64 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Movate Technologies Private Limited | ₹767.6 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Bain Capability Centre India Private Limited | ₹765.7 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Gurgaon, Haryana, India |
| RSM Us Integrated Services India Private Limited | ₹755.7 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Mumbai, Maharashtra, India |
| Airbnb Global Capability Center Private Limited | ₹755.56 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Gurugram, Haryana, India |
| 3I Infotech Limited Listed | ₹751.8 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Concentrix Services India by revenue in the Outsourcing industry (Diversified BPO), 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 Concentrix Services India Private Limited
Concentrix Services India Private Limited is audited by B S R & Co. LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & 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 Concentrix Services India Private Limited
Concentrix Services India has 4 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Vidyarthi | Whole-Time Director | 26 Oct 2023 | 2 Years 11 Months | Current |
| Jane Catherine Fogarty | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Andrew Albert Farwig | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Sanjay Gupta | Director | 22 Dec 2023 | 2 Years 9 Months | Current |
Ownership and Shareholding of Concentrix Services India 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 Concentrix Services India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2014 | The Royal Bank of Scotland N. V. | ₹41.13 Lakh | Satisfied |
| 06 Oct 2009 | Hdfc Bank Limited | ₹30 Cr | Satisfied |
| 19 Sep 2008 | Dbs Bank Limited | ₹80.09 Cr | Satisfied |
| 11 Mar 2008 | The Hongkong and Shanghai Banking Corporation Limited | ₹9 Cr | Satisfied |
| 19 Oct 2007 | Dbs Bank Ltd | ₹20 Cr | Satisfied |
Total charge records: 14 View all charges
Deals & Funding of Concentrix Services India Private Limited
Concentrix Services India Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹112.83 Cr; the latest was in March 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Concentrix Daksh Services India Private Limited , Concentrix Technologies (India) Private Limited Seller: The Minacs Group Pte Limited, Prakash HR & The Minacs Group Pte Limited |
| May 2014 | Funding round | ₹15 Cr | Investors: The Minacs Group Pte Limited |
| May 2014 | Secondary share transfer | Undisclosed | Seller: Aditya Birla Nuvo Limited |
| Oct 2011 | Funding round | ₹22.7 Lakh | Investors: Aditya Birla Nuvo Limited , Abnl Investment Limited , Others- Concentrix Services India Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Aditya Birla Nuvo Limited Seller: Rhcp Txw Investment Inc., ReichmannHauer Capital Partners |
Full deal history
All 8 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 Concentrix Services India Private Limited
Concentrix Services India Private Limited has 97 court cases on record: 48 filed by Concentrix Services India, 46 filed against it, 3 where it is another party. 15 cases are pending and 82 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 15 | 10 |
| District courts | 47 | 30 | 5 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Four Clover Realty Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Four Clover Realty Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Four Clover Realty Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Four Clover Realty Private Limited | Disposed |
| Calcutta High Court | Arbitration matter | Filed by the company against Germinda Pvt Ltd | Disposed |
Full case history
All 97 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 Concentrix Services India Private Limited
Concentrix Services India Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 342 overdue payments to 84 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 (5 of 84)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vectrae Infotech Private Limited | •••• | •••• | •••• |
| Smartconnect Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Arya Omnitalk Wireless Solutions Private Limited | •••• | •••• | •••• |
| Telemax Communications Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 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 Concentrix Services India Private Limited
Concentrix Services India operates one associated brand: Concentrix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customer engagement services are provided to enterprise clients globally. | concentrix.com |
Employees and EPFO Compliance at Concentrix Services India Private Limited
Concentrix Services India Private Limited has a workforce of 11,334 employees as of Apr 09, 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.
Group Structure of Concentrix Services India Private Limited
Concentrix Services India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Name History of Concentrix Services India Private Limited
Concentrix Services India has undergone 5 name changes throughout its history. The current legal name is Concentrix Services India Private Limited.
| Company Name | Status |
|---|---|
| Concentrix Services India Private Limited | Current |
| Minacs Private Limited | Previous |
| Teritex Holding Pvt Ltd | Previous |
| Minacs Limited | Previous |
| Transworks Information Services Limited | Previous |
| Aditya Birla Minacs Worldwide Limited | Previous |
CIN History of Concentrix Services India Private Limited
Concentrix Services India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U99999KA1995PTC052040, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999KA1995PTC052040 | Current |
| U99999MH1995PLC086218 | Previous |
| U99999KA1995PLC052040 | Previous |
Recent Activity on Concentrix Services India Private Limited
Concentrix Services India Private Limited has 34 board changes on record since 2007: 4 appointments and 30 cessations. The latest: Sanjay Gupta ceased to be Additional Director on 29 Sep 2024.
60 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Concentrix Services India 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 Concentrix Services India 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 Concentrix Services India Private Limited
Concentrix Services India has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT1567A2ZK | Karnataka | Active | 01 Jul 2017 |
| 19AAACT1567A1ZM | West Bengal | Active | 01 Jul 2017 |
| 20AAACT1567A1Z3 | Jharkhand | Active | 01 Jul 2017 |
| 24AAACT1567A1ZV | Gujarat | Active | 01 Jul 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 Concentrix Services India 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.
Related news about Concentrix Services India Private Limited
Frequently Asked Questions about Concentrix Services India Private Limited
Concentrix Services India is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 March 1995 (31+ years old) and is registered under CIN U99999KA1995PTC052040.
Concentrix Services India reported revenue of ₹774.64 Cr for FY 2024 (up 15% YoY).
Concentrix Services India has 4 current directors:
- Abhishek Vidyarthi - Whole-Time Director
- Jane Catherine Fogarty - Director
- Andrew Albert Farwig - Director
- Sanjay Gupta - Director
Concentrix Services India reported a net profit of ₹51.12 Cr (net margin 6.6%) and EBITDA of ₹146.66 Cr (EBITDA margin 18.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Concentrix Services India is 16% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Concentrix Services India is 29AAACT1567A2ZK, registered in Karnataka. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACT1567A1ZM (West Bengal), 20AAACT1567A1Z3 (Jharkhand), 24AAACT1567A1ZV (Gujarat).
The CIN (Corporate Identification Number) of Concentrix Services India is U99999KA1995PTC052040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concentrix Services India has 97 court cases on record: 48 filed by the company and 46 filed against it. 15 are pending. Most are in the high courts.
Concentrix Services India was incorporated on 09 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Concentrix Services India has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹112.83 Cr; the latest was in March 2017.
The peers of Concentrix Services India by revenue are Mindsprint Digital (India) Private Limited, Ss&C Fintech Services India Private Limited, Deutsche Cib Centre Private Limited, Inductis (India) Private Limited, Xerox Business Services India Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Sanjay Gupta ceased to be Additional Director on 29 Sep 2024. Sanjay Gupta was appointed as Director on 22 Dec 2023. Abhishek Vidyarthi was appointed as Whole-Time Director on 26 Oct 2023. Concentrix Services India has 34 board changes on record in total.