About Dxfactor Solutions Private Limited
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Dxfactor Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Dxfactor Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018FTC118036. Its GSTIN is 29AADCL7513R1ZT (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Lfdx Solutions Private Limited. It is led by directors including Hemang Krishnakant Sanghavi and Dharmesh Yogendra Trivedi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Workafella #150/1 Infantry Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.1 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Cr (net margin 11%) and EBITDA of ₹1.88 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 78% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DXFactor.
For more details, the company can be reached via its website dxfactor.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWorkafella #150/1 Infantry Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Dxfactor Solutions Private Limited
Dxfactor Solutions operates one associated brand: DXFactor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital transformation services are provided to businesses worldwide. | dxfactor.com |
Competitors & Alternatives of Dxfactor Solutions Private Limited
Brands and companies operating in the same space as Dxfactor Solutions Private Limited include Booz Allen Hamilton, Genpact, Persistent and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Booz Allen Hamilton | Analytics, cybersecurity, and digital transformation services are provided. | Mclean, United States | 1914 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 Persistent | IT consulting, data analytics, and digital transformation services are provided. | Pune, India | 1990 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 ICF | IT suite and market research services are provided worldwide. | United States | 1969 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Sutherland | Business process and technology management services are provided globally. | Pittsford, United States | 1986 |
 Globant | IT and digital transformation services are delivered to various industries. | Buenos Aires, Argentina | 2003 |
 Hexaware | Provider of IT consulting and BPO services | Mumbai, India | 1990 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Dxfactor Solutions Private Limited
The main business activity of Dxfactor Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Auditor Details of Dxfactor Solutions Private Limited
Dxfactor Solutions Private Limited is audited by CGS & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CGS & 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 Dxfactor Solutions Private Limited
Dxfactor Solutions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemang Krishnakant Sanghavi | Director | 14 Mar 2019 | 7 Years 6 Months | Current |
| Dharmesh Yogendra Trivedi Also directs: Cipio India Private Limited | Director | 15 May 2023 | 3 Years 4 Months | Current |
| Tejas Babulal Shah | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
Financials of Dxfactor Solutions Private Limited FY 2025 filings available
Dxfactor Solutions Private Limited reported revenue of ₹11.1 Cr (up 20.00% YoY) for FY 2024.
Growth of Dxfactor Solutions Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▲ 20% | ▲ 8% | ▲ 78% |
| Net profit | ▲ 14% | ▲ 8% | ▲ 79% |
| EBITDA | ▲ 15% | ▲ 12% | ▲ 81% |
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 20% growth 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 Dxfactor Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.23 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dxfactor Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11% | •••• | •••• | •••• | •••• |
| 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 Dxfactor Solutions are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Dxfactor 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 Dxfactor Solutions Private Limited
Dxfactor Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dxfactor Solutions Private Limited
Dxfactor Solutions Private Limited has a workforce of 36 employees as of Apr 04, 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.
GST Compliance of Dxfactor Solutions Private Limited
Dxfactor Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL7513R1ZT | Karnataka | Active | 05 Dec 2018 |
| 24AADCL7513R1Z3 | Gujarat | Active | 25 Nov 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.
Credit Ratings, Litigation & Regulatory Alerts for Dxfactor 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 Dxfactor 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
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Subsidiaries & Group Companies of Dxfactor 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
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MCA Filings & Documents of Dxfactor 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.
Recent Activity on Dxfactor Solutions Private Limited
Frequently Asked Questions about Dxfactor Solutions Private Limited
Dxfactor Solutions is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 October 2018 (8+ years old) and is registered under CIN U72900KA2018FTC118036.
Dxfactor Solutions reported revenue of ₹11.1 Cr for FY 2024 (up 20.00% YoY).
Dxfactor Solutions has 3 current directors:
- Hemang Krishnakant Sanghavi - Director
- Dharmesh Yogendra Trivedi - Director
- Tejas Babulal Shah - Director
Dxfactor Solutions reported a net profit of ₹1.23 Cr (net margin 11%) and EBITDA of ₹1.88 Cr (EBITDA margin 17%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dxfactor Solutions is 8% over three years and 78% over five years. In the latest year (FY 2024) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dxfactor Solutions is 29AADCL7513R1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCL7513R1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Dxfactor Solutions is U72900KA2018FTC118036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dxfactor Solutions was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Dxfactor Solutions can be reached through the website dxfactor.com. Its registered office is in Bangalore, Karnataka, India.