About Exacore IT Solutions Private Limited
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Exacore IT Solutions Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC302217. Its GSTIN is 27AAECE8581F1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Priya Kenneteraparambil Shainesh and Shainesh Prakasan Kenneteraparambil.
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 A – 204 Neel Sidhi Gardens Near Gangaram Talkies Takka, Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.6 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹25.63 Lakh (net margin 5.6%) and EBITDA of ₹32.37 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 12% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Exacore IT Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exacoreitsolutions.com.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 204 Neel Sidhi Gardens Near Gangaram Talkies Takka, Panvel, Maharashtra, India – 410206
- 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
Business Activity of Exacore IT Solutions Private Limited
The main business activity of Exacore IT 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.
Financials of Exacore IT Solutions Private Limited FY 2025 filings available
Exacore IT Solutions Private Limited reported revenue of ₹4.6 Cr (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Exacore IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 69% growth in the latest year. EBITDA rose 139% 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 Exacore IT Solutions 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 | ₹32.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.63 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 Exacore IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Exacore IT Solutions are in the company report.
Financial statements from FY 2018
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 Exacore IT Solutions Private Limited
Exacore IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Appsnext Technologies Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Medak, Telangana, India |
| Vens IT Solutions Private Limited | ₹4.6 Cr (FY 2016) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Dharma Infoservices Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Ahmedabad, Gujarat, India |
| Frigg Consulting Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Gurugram, Haryana, India |
| Orchv Technologies Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Hyderabad, Telangana, India |
| Exacore IT Solutions Private Limited this company | ₹4.6 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Panvel, Maharashtra, India |
| Elixia Robotics Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| U Infosoft Private Limited | ₹4.6 Cr (FY 2016) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Lifesize India Private Limited | ₹4.59 Cr (FY 2023) | •••• | •••• | -20.0% | •••• | Bengaluru, Karnataka, India |
| Innovationtq IT Solutions Private Limited | ₹4.59 Cr (FY 2024) | •••• | •••• | 308.0% | •••• | Chennai, Tamil Nadu, India |
| Inhawk IT Solutions Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Exacore IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related 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 Exacore IT Solutions Private Limited
Exacore IT Solutions Private Limited is audited by MOHIT CHOTIA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHIT CHOTIA & 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 Exacore IT Solutions Private Limited
Exacore IT Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Kenneteraparambil Shainesh Also directs: Toyah Spices and Dry Fruits Private Limited | Director | 27 Nov 2017 | 8 Years 10 Months | Current |
| Shainesh Prakasan Kenneteraparambil | Director | 27 Nov 2017 | 8 Years 10 Months | Current |
| Gajendra Kumar Verma | Additional Director | 10 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Exacore IT 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 Exacore IT Solutions Private Limited
Exacore IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Exacore IT Solutions Private Limited
Exacore IT Solutions operates one associated brand: Exacore IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides Oracle Cloud solutions, ERP consulting, and web development services. | exacoreitsolutions.com |
Employees and EPFO Compliance at Exacore IT Solutions Private Limited
Exacore IT Solutions Private Limited has a workforce of 40 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.
Recent Activity on Exacore IT Solutions Private Limited
Exacore IT Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Gajendra Kumar Verma was appointed as Additional Director on 10 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Exacore IT 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 Exacore IT 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Exacore IT 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
Verified entity values are shown only after access is granted.
GST Compliance of Exacore IT Solutions Private Limited
Exacore IT Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE8581F1ZE | Maharashtra | Active | 27 Nov 2017 |
| 32AAECE8581F1ZN | Kerala | Active | 01 Jun 2018 |
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 Exacore IT 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.
Frequently Asked Questions about Exacore IT Solutions Private Limited
Exacore IT Solutions is an active private limited company based in Panvel, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 November 2017 (9+ years old) and is registered under CIN U72900MH2017PTC302217.
Exacore IT Solutions reported revenue of ₹4.6 Cr for FY 2025 (up 69% YoY).
Exacore IT Solutions has 3 current directors:
- Priya Kenneteraparambil Shainesh - Director
- Shainesh Prakasan Kenneteraparambil - Director
- Gajendra Kumar Verma - Additional Director
Exacore IT Solutions reported a net profit of ₹25.63 Lakh (net margin 5.6%) and EBITDA of ₹32.37 Lakh (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Exacore IT Solutions is 26% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Exacore IT Solutions is 27AAECE8581F1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAECE8581F1ZN (Kerala).
The CIN (Corporate Identification Number) of Exacore IT Solutions is U72900MH2017PTC302217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exacore IT Solutions was incorporated on 27 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Exacore IT Solutions by revenue are Appsnext Technologies Private Limited, Vens IT Solutions Private Limited, Dharma Infoservices Private Limited, Frigg Consulting Private Limited, Orchv Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Gajendra Kumar Verma was appointed as Additional Director on 10 Nov 2018. Priya Kenneteraparambil Shainesh was appointed as Director on 27 Nov 2017. Shainesh Prakasan Kenneteraparambil was appointed as Director on 27 Nov 2017.
Exacore IT Solutions can be reached through the website exacoreitsolutions.com. Its registered office is in Panvel, Maharashtra, India.