About Exl Service.Com(India) Private Limited
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Exl Service.Com(India) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Exlservice Mauritius Limited. It operates in the business process outsourcing sector. It was incorporated on 21 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL1999PTC099888. Its GSTIN is 07AAACE5174C2ZY (Delhi). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹30.1 Cr and a paid-up capital of ₹14.79 Cr. It is led by directors including David Gubbay and Vikas Bhalla.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 414 4th Floor DLF Jasola Tower B Plot No. 10 &11 Dda District Centre Ja, Sola, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,473.23 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹493.13 Cr (net margin 11%) and EBITDA of ₹791.19 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
The company has about 29,310 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: EXL. As per MCA filings, the company has open charges of ₹4.1 Cr and satisfied charges of ₹1.38 Cr on record. Court records list 55 cases involving the company, including 28 filed by the company and 27 filed against it; 14 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹10 Lakh; the latest was in September 2013. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 447 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 exlservice.com.
Company details
Contact details
Exl Service.Com(India) Private Limited's registered office is in New Delhi, Delhi. Its website is exlservice.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 414 4th Floor DLF Jasola Tower B Plot No. 10 &11 Dda District Centre Ja, Sola, New Delhi, Delhi, India – 110044
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Exl Service.Com(India) Private Limited, buy the company report.
- 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
Brands
Exl Service.Com(India) operates one associated brand: EXL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Analytics and digital solutions for healthcare and banking are provided. | exlservice.com |
Business activity
The main business activity of Exl Service.Com(India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Exl Service.Com(India) Private Limited, buy the company report.
Financials of Exl Service.Com(India) Private Limited
FY 2025 filings availableExl Service.Com(India) Private Limited reported revenue of ₹4,473.23 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 18% growth in the latest year. EBITDA rose 20% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹791.19 Cr | ||||
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| Net Profit (PAT) | ₹493.13 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 11% | ||||
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To see the full financial statements and ratios of Exl Service.Com(India) Private Limited, buy the company report.
Board of directors of Exl Service.Com(India) Private Limited
Exl Service.Com(India) has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Gubbay | Director | 26 Jun 2001 | 25 Years 4 Months | Current |
| Vikas Bhalla Also directs: Clairvoyant India Private Limited, Itidata Consulting India Private Limited, Iqr Analytics Private Limited and 5 more | Director | 30 Jul 2009 | 17 Years 3 Months | Current |
| Bhavna Newle Chopra Also directs: Clairvoyant India Private Limited, Itidata Consulting India Private Limited, Iqr Analytics Private Limited and 5 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Sandeep Tibrewal Also directs: Clairvoyant India Private Limited, Itidata Consulting India Private Limited, Iqr Analytics Private Limited and 5 more | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Baljinder Singh Sabharwal Also directs: Clairvoyant India Private Limited, Itidata Consulting India Private Limited, Iqr Analytics Private Limited and 5 more | Director | 03 Feb 2015 | 11 Years 9 Months | Current |
Auditor
Exl Service.Com(India) Private Limited is audited by DELOITTE HASKINS AND SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS AND SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Exl Service.Com(India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Exl Service.Com(India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2024 | 100897190 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.1 Cr | Open | |
| 24 Jul 2004 | 80058691 | Icici Bank Limited | ₹9.5 Lakh | Satisfied | |
| 24 Jul 2004 | 90064595 | Icici Bank Limited | ₹7.6 Lakh | Satisfied | |
| 01 Apr 2004 | 80058685 | Icici Bank Limited | ₹9.3 Lakh | Satisfied | |
| 01 Apr 2004 | 80058686 | Icici Bank Limited | ₹9.3 Lakh | Satisfied |
To see the full charge records of Exl Service.Com(India) Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Exl Service.Com(India) Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹10 Lakh; the latest was in September 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Exl Service Mauritius Limited Seller: American Express(India) Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Exl Service Mauritius Limited Seller: EXL Service COM Inc |
| Dec 2009 | Funding round | ₹10 Lakh | Investors: American Express(India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Exl Service.Com(India) Private Limited has 55 court cases on record: 28 filed by Exl Service.Com(India), 27 filed against it. 14 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 21 | 11 |
| High courts | 19 | 5 | 3 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Execution petition | Filed by the company against M/S Airserco Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Airserco Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Exl-Sourcesoft Systems Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Airserco Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Jaipur Golden Transport Co. Private Ltd. Ac+ | Disposed |
To see the full case history of Exl Service.Com(India) Private Limited, buy the company report.
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
Exl Service.Com(India) Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 447 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 |
|---|---|---|---|
| an individual supplier | |||
| Talenta Manpower Services | |||
| Esec Forte Technologies Private Limited | |||
| an individual supplier | |||
| Socs Global Private Limited |
To see the full MSME payment records of Exl Service.Com(India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Exl Service.Com(India) Private Limited has a workforce of 29,310 employees on its EPFO records as of Apr 03, 2024, across 3 active EPFO establishments.
GST
Exl Service.Com(India) has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACE5174C2ZY | Delhi | Active | 07 Aug 2017 |
| 06AAACE5174C1Z1 | Haryana | Active | 01 Jul 2017 |
| 06AAACE5174C2Z0 | Haryana | Active | 01 Jul 2017 |
| 08AAACE5174C1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Exl Service.Com(India) Private Limited, buy the company report.
Recent activity
Exl Service.Com(India) Private Limited has 22 board changes on record since 2001: 5 appointments and 17 cessations. The latest: Sandeep Tibrewal ceased to be Additional Director on 20 Sep 2023.
43 earlier events are in the company report.
News
Frequently asked questions
Exl Service.Com(India) is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 21 May 1999 (27+ years old) and is registered under CIN U72200DL1999PTC099888.
Exl Service.Com(India) has 5 current directors:
- David Gubbay - Director
- Vikas Bhalla - Director
- Bhavna Newle Chopra - Director
- Sandeep Tibrewal - Director
- Baljinder Singh Sabharwal - Director
The latest financial statements of Exl Service.Com(India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Exl Service.Com(India) is 07AAACE5174C2ZY, registered in Delhi. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACE5174C1Z1 (Haryana), 06AAACE5174C2Z0 (Haryana), 08AAACE5174C1ZX (Rajasthan).
The CIN (Corporate Identification Number) of Exl Service.Com(India) is U72200DL1999PTC099888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exl Service.Com(India) has 55 court cases on record: 28 filed by the company and 27 filed against it. 14 are pending. Most are in the district courts.
Exl Service.Com(India) was incorporated on 21 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Exl Service.Com(India) has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹10 Lakh; the latest was in September 2013.
Sandeep Tibrewal ceased to be Additional Director on 20 Sep 2023. Sandeep Tibrewal was appointed as Director on 01 Jun 2023. Ruchi Mahajan ceased to be Company Secretary on 30 Dec 2022. Exl Service.Com(India) has 22 board changes on record in total.
Exl Service.Com(India) has 11 MSME Form 1 returns on record between 2019 and 2024, listing 447 overdue payments to 84 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Exl Service.Com(India) can be reached through the website exlservice.com. Its registered office is in New Delhi, Delhi, India.
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