About D+H Solutions India Private Limited
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D+H Solutions India Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, a subsidiary of Finastra Europe S.À R.L.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2003PTC016397. Its GSTIN is 32AAICS8235J2Z4 (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.4 Cr and a paid-up capital of ₹4.41 Lakh. It was formerly known as Src Software Private Limited and Hfs Software India Private Limited. It is led by directors Ganesan Manikandan and Mathew Jacob.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Chandragiri Technopark, Thiruvananthapuram, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.23 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.49 Cr (net margin 10.4%) and EBITDA of ₹15.95 Cr (EBITDA margin 17.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
Court records list 3 cases involving the company, including 1 filed by the company; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.41 Cr; the latest was in May 2018. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Netsmartz Infotech (India) Private Limited with revenue of ₹93.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finastra.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Chandragiri Technopark, Phase – 1 Kazhakkuttam, Thiruvananthapuram, Kerala, India – 695581
- 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
Business Activity of D+H Solutions India Private Limited
The main business activity of D+H Solutions India 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 D+H Solutions India Private Limited FY 2025 filings available
D+H Solutions India Private Limited reported revenue of ₹91.23 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of D+H Solutions India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 2% fall in the latest year. EBITDA rose 1% 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 D+H Solutions India 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 | ₹15.95 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.49 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 D+H Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• | •••• |
| 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 D+H Solutions 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 D+H Solutions India Private Limited
D+H Solutions India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netsmartz Infotech (India) Private Limited | ₹93.2 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Gurgaon, Haryana, India |
| Atrenta (India) Private Limited | ₹93.17 Cr (FY 2020) | •••• | •••• | 21.0% | •••• | Bengaluru, Karnataka, India |
| Meditab Software (India) Private Limited | ₹92.82 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ahmedabad, Gujarat, India |
| Priority Idc Private Limited | ₹92.41 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Chandigarh, India |
| Aion-Tech Solutions Limited Listed | ₹92.32 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| D+H Solutions India Private Limited this company | ₹91.23 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Thiruvananthapuram, Kerala, India |
| A3logics (India) Private Limited | ₹91.02 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Jaipur, Rajasthan, India |
| Mobisy Technologies Private Limited | ₹90.88 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Megasky E Private Limited | ₹90.07 Cr (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Bizmatics India Private Limited | ₹89.95 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Multicoreware India Private Limited | ₹89.73 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below D+H Solutions India by revenue in the Information Technology industry (Application Development), 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 D+H Solutions India Private Limited
D+H Solutions India Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED AC for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED AC | 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 D+H Solutions India Private Limited
D+H Solutions India has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesan Manikandan | Director | 28 Jun 2018 | 8 Years 3 Months | Current |
| Mathew Jacob Also directs: Finastra Software Solutions (India) Private Limited | Director | 25 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of D+H Solutions 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 D+H Solutions India Private Limited
D+H Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of D+H Solutions India Private Limited
D+H Solutions India Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.41 Cr; the latest was in May 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Secondary share transfer | Undisclosed | Buyer: Finastra Europe SARL Seller: D+H Sarl |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: D+H Sarl, DH Limited Seller: Harland Financial Solutions Inc, Harland Financial Solutions India LLC |
| Jan 2012 | Funding round | ₹4.17 Cr | Investors: Harland Financial Solutions Inc |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: Harland Financial Solutions India LLC, Harland Financial Solutions Inc Seller: Sheth Limited Partnership, 2 individuals |
| Apr 2008 | Funding round | ₹23.9 Lakh | Investors: Sheth Limited Partnership |
Full deal history
All 5 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 D+H Solutions India Private Limited
D+H Solutions India Private Limited has 3 court cases on record: 1 filed by D+H Solutions India, 2 where it is another party. 1 case is pending and 2 are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Revision petition | Company is another party | Pending |
| High Court of Kerala | Writ petition | Company is another party | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 3 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.
Employees and EPFO Compliance at D+H Solutions India Private Limited
Employment history and EPFO contributions of people linked to D+H Solutions India.
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.
Name History of D+H Solutions India Private Limited
D+H Solutions India has undergone 2 name changes throughout its history. The company was previously known as Src Software Private Limited, and Hfs Software India Private Limited. The current legal name is D+H Solutions India Private Limited.
| Company Name | Status |
|---|---|
| D+H Solutions India Private Limited | Current |
| Src Software Private Limited | Previous |
| Hfs Software India Private Limited | Previous |
Recent Activity on D+H Solutions India Private Limited
D+H Solutions India Private Limited has 23 board changes on record since 2010: 2 appointments and 21 cessations. The latest: Sarah Thomas ceased to be Additional Director on 31 Jul 2024.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for D+H Solutions 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.
MSME Payment Delays by D+H Solutions India 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 D+H Solutions 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 D+H Solutions India Private Limited
D+H Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICS8235J2Z4 | Kerala | 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 D+H Solutions 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.
Frequently Asked Questions about D+H Solutions India Private Limited
D+H Solutions India is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 August 2003 (23+ years old) and is registered under CIN U72200KL2003PTC016397.
D+H Solutions India reported revenue of ₹91.23 Cr for FY 2025 (down 2% YoY).
D+H Solutions India has 2 current directors:
- Ganesan Manikandan - Director
- Mathew Jacob - Director
D+H Solutions India reported a net profit of ₹9.49 Cr (net margin 10.4%) and EBITDA of ₹15.95 Cr (EBITDA margin 17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of D+H Solutions India is -1% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of D+H Solutions India is 32AAICS8235J2Z4, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of D+H Solutions India is U72200KL2003PTC016397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
D+H Solutions India has 3 court cases on record: 1 filed by the company. 1 is pending.
D+H Solutions India was incorporated on 22 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ernakulam.
D+H Solutions India has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.41 Cr; the latest was in May 2018.
The peers of D+H Solutions India by revenue are Netsmartz Infotech (India) Private Limited, Atrenta (India) Private Limited, Meditab Software (India) Private Limited, Priority Idc Private Limited, Aion-Tech Solutions Limited and 5 more, all in the Information Technology industry (Application Development).