About Finxsoftware Limited
Data last updated:
Finxsoftware Limited is a public limited company based in Salem, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72100TZ2007PLC013379. Its GSTIN is 33AALCS3725J1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.27 Cr. It was formerly known as Finxsoftware Private Limited and Sapthagiri Finxsoftware Private Limited. It is led by directors including Duraisami Sathishkannan (Managing Director) and Kanjamalai Duraisami.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 118/A New Trichy Branch Road, Salem, Tamil Nadu, India – 636006.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.33 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹4.68 Cr (net margin 25.5%) and EBITDA of ₹7.9 Cr (EBITDA margin 43.1%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 71% over five years.
As per MCA filings, the company has open charges of ₹15.86 Cr and satisfied charges of ₹87.66 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finxsoftware.com.
Name History of Finxsoftware Limited
Finxsoftware has undergone 3 name changes throughout its history. The company was previously known as Finxsoftware Private Limited, Sapthagiri Finxsoftware Private Limited, and Sapthagiri Portfolio Management Private Limited. The current legal name is Finxsoftware Limited.
| Company Name | Status |
|---|---|
| Finxsoftware Limited | Current |
| Finxsoftware Private Limited | Previous |
| Sapthagiri Finxsoftware Private Limited | Previous |
| Sapthagiri Portfolio Management Private Limited | Previous |
CIN History of Finxsoftware Limited
Finxsoftware has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100TZ2007PLC013379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100TZ2007PLC013379 | Current |
| U72100TZ2007PTC013379 | Previous |
| U67120TZ2007PTC013379 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address118/A New Trichy Branch Road, Salem, Tamil Nadu, India – 636006
- 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 Finxsoftware Limited
The main business activity of Finxsoftware is financial and insurance service. In detail, this covers fund management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services | 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 Finxsoftware Limited FY 2024 filings available
Finxsoftware Limited reported revenue of ₹18.33 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Finxsoftware Limited
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 75% growth in the latest year. EBITDA rose 31% 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 Finxsoftware Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.68 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 Finxsoftware Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.5% | •••• | •••• | •••• | •••• |
| 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 Finxsoftware 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.
Board of Directors of Finxsoftware Limited
Finxsoftware has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanjamalai Duraisami | Director | 23 Jan 2007 | 19 Years 8 Months | Current |
| Kuppuraj Shanmugavadivu Also directs: Clazy Pension Tree Limited, Resona Pharmaceutical Limited, Clazy Resort World Private Limited and 5 more | Director | 05 Mar 2020 | 6 Years 7 Months | Current |
| Duraisami Sathishkannan Also directs: Clazy Pension Tree Limited, Velova Coal and Eco Power India Private Limited, Pit Auto EV India Private Limited and 5 more | Managing Director | 23 Jan 2007 | 19 Years 8 Months | Current |
Peer Comparison of Finxsoftware Limited
Finxsoftware Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emerging Securities Private Limited | ₹18.59 Cr (FY 2025) | •••• | •••• | 154.0% | •••• | New Delhi, Delhi, India |
| Vista Wealth Private Limited | ₹18.43 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Polestar Forex Private Limited | ₹18.4 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Isf Securities Limited | ₹18.39 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Ridhi Sidhi Enterprises Private Limited | ₹18.39 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Mumbai, Maharashtra, India |
| Finxsoftware Limited this company | ₹18.33 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Salem, Tamil Nadu, India |
| Savvy Shares Traders Private Limited | ₹18.27 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| L F C Securities Private Limited | ₹18.25 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Nangalia Stock Broking Private Limited | ₹18.24 Cr (FY 2025) | •••• | •••• | 229.0% | •••• | Mumbai, Maharashtra, India |
| Sudera Properties Private Limited | ₹18.24 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| FRR Shares and Securities Limited | ₹18.22 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finxsoftware by revenue in the BFSI industry (Broking Services), 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 Finxsoftware Limited
Finxsoftware Limited is audited by Mittal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mittal & 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 Finxsoftware 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 Finxsoftware Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2025 | Indian Bank | ₹1.49 Cr | Open |
| 27 Mar 2024 | Indian Bank | ₹10 Cr | Open |
| 09 Oct 2023 | Axis Bank Limited | ₹2 Cr | Open |
| 28 Mar 2022 | Axis Bank Limited | ₹1 Cr | Open |
| 03 Aug 2021 | Axis Bank Limited | ₹1.38 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Finxsoftware Limited
Employment history and EPFO contributions of people linked to Finxsoftware.
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 Finxsoftware Limited
Finxsoftware Limited has 3 board changes on record since 2007: 3 appointments. The latest: Kuppuraj Shanmugavadivu was appointed as Director on 05 Mar 2020.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finxsoftware 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 Finxsoftware 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 Finxsoftware 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 Finxsoftware Limited
Finxsoftware has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS3725J1Z7 | Tamil Nadu | Active | 30 Nov 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 Finxsoftware 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 Finxsoftware Limited
Finxsoftware is an active public limited company based in Salem, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 January 2007 (19+ years old) and is registered under CIN U72100TZ2007PLC013379.
Finxsoftware reported revenue of ₹18.33 Cr for FY 2024 (up 75% YoY).
Finxsoftware has 3 current directors:
- Duraisami Sathishkannan - Managing Director
- Kanjamalai Duraisami - Director
- Kuppuraj Shanmugavadivu - Director
Finxsoftware reported a net profit of ₹4.68 Cr (net margin 25.5%) and EBITDA of ₹7.9 Cr (EBITDA margin 43.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finxsoftware is 65% over three years and 71% over five years. In the latest year (FY 2024) revenue rose 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finxsoftware is 33AALCS3725J1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Finxsoftware is U72100TZ2007PLC013379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finxsoftware was incorporated on 23 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Finxsoftware by revenue are Emerging Securities Private Limited, Vista Wealth Private Limited, Polestar Forex Private Limited, Isf Securities Limited, Ridhi Sidhi Enterprises Private Limited and 5 more, all in the BFSI industry (Broking Services).
Kuppuraj Shanmugavadivu was appointed as Director on 05 Mar 2020. Duraisami Sathishkannan was appointed as Managing Director on 23 Jan 2007. Kanjamalai Duraisami was appointed as Director on 23 Jan 2007.
Finxsoftware can be reached through the website finxsoftware.com. Its registered office is in Salem, Tamil Nadu, India.