About Deepsource Private Limited
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Deepsource Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Deepsource Corp.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC127620. Its GSTIN is 29AAHCD4121D1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Nidhi Jain Hinger and Jaipradeesh Janarthanan.
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 #2004 3rd Floor 100Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.04 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹32.46 Lakh (net margin 6.4%) and EBITDA of ₹60.62 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 43% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DeepSource.
For more details, the company can be reached via its website deepsource.io.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#2004 3rd Floor 100Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- 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
Associated Brands with Deepsource Private Limited
Deepsource operates one associated brand: DeepSource. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tools for debugging and identifying code security vulnerabilities are provided. | deepsource.com |
Business Activity of Deepsource Private Limited
The main business activity of Deepsource is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Deepsource Private Limited FY 2025 filings available
Deepsource Private Limited reported revenue of ₹5.04 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Deepsource Private Limited
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA fell 51% 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 Deepsource Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹60.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32.46 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 Deepsource Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.4% | •••• | •••• | •••• | •••• |
| 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 Deepsource are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Deepsource Private Limited
Deepsource has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Jain Hinger Also directs: Nimegh Consultancy and Advisory Private Limited | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Jaipradeesh Janarthanan | Director | 03 Sep 2019 | 7 Years 1 Months | Current |
| Sanket Saurav | Director | 03 Sep 2019 | 7 Years 1 Months | Current |
Peer Comparison of Deepsource Private Limited
Deepsource Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Klimaanlage Engineering Services Private Limited | ₹5.05 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| D2r AI Labs Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Apoorvaplus Software Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| Jr Automation Technology Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Gandhinagar, Gujarat, India |
| Seans Media Private Limited | ₹5.04 Cr (FY 2023) | •••• | •••• | -59.0% | •••• | Hoskote, Karnataka, India |
| Deepsource Private Limited this company | ₹5.04 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| VD Stride Media Private Limited | ₹5.03 Cr (FY 2024) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Iron Logic Digital Labs Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mohali, Punjab, India |
| Integrated Enterprise Solutions Private Limited | ₹5.03 Cr (FY 2024) | •••• | •••• | 125.0% | •••• | Karur, Tamil Nadu, India |
| Textify Digitals Private Limited | ₹5.02 Cr (FY 2024) | •••• | •••• | 315.0% | •••• | Delhi, India |
| Unisis Techglobe Services Private Limited | ₹5.02 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Deepsource by revenue in the same principal business activity (Other information & communication service activities), 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 Deepsource Private Limited
Deepsource Private Limited is audited by Chitra Hegde & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chitra Hegde & Associates | 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.
Ownership and Shareholding of Deepsource 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 Deepsource Private Limited
Deepsource Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Deepsource Private Limited
Deepsource Private Limited has a workforce of 16 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 Deepsource Private Limited
Deepsource Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Nidhi Jain Hinger was appointed as Director on 01 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Deepsource 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 Deepsource 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 Deepsource 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 Deepsource Private Limited
Deepsource has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCD4121D1Z0 | Karnataka | Active | 23 Oct 2019 |
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 Deepsource 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 Deepsource Private Limited
Deepsource is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 September 2019 (7+ years old) and is registered under CIN U72900KA2019FTC127620.
Deepsource reported revenue of ₹5.04 Cr for FY 2025 (down 44% YoY).
Deepsource has 3 current directors:
- Nidhi Jain Hinger - Director
- Jaipradeesh Janarthanan - Director
- Sanket Saurav - Director
Deepsource reported a net profit of ₹32.46 Lakh (net margin 6.4%) and EBITDA of ₹60.62 Lakh (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deepsource is -14% over three years and 43% over five years. In the latest year (FY 2025) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deepsource is 29AAHCD4121D1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Deepsource is U72900KA2019FTC127620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deepsource was incorporated on 03 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Deepsource by revenue are Klimaanlage Engineering Services Private Limited, D2r AI Labs Private Limited, Apoorvaplus Software Private Limited, Jr Automation Technology Private Limited, Seans Media Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Nidhi Jain Hinger was appointed as Director on 01 Oct 2023. Jaipradeesh Janarthanan was appointed as Director on 03 Sep 2019. Sanket Saurav was appointed as Director on 03 Sep 2019.
Deepsource can be reached through the website deepsource.io. Its registered office is in Bangalore, Karnataka, India.