About Fitch India Services Private Limited
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Fitch India Services Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fitch Ratings Limited, Uk. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 20 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2013FTC241137. Its GSTIN is 27AACCF1525E1Z3 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hyejin Yoon and Nikhil Lalchand Jain.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.2 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹18.41 Cr (net margin 48.2%) and EBITDA of ₹24.92 Cr (EBITDA margin 65.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr 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 indiaratings.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressWockhardt Tower Level 4 West Wing Plot C – 2 G Block Bandra Kurla Complex Bandra (E, Ast), Mumbai, Maharashtra, India – 400051
- IndustryTravel and Hospitality, Consumer Professional 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 Fitch India Services Private Limited
The main business activity of Fitch India Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Fitch India Services Private Limited FY 2025 filings available
Fitch India Services Private Limited reported revenue of ₹38.2 Cr (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fitch India Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 93% growth in the latest year. EBITDA rose 149% 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 Fitch India Services 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 | ₹24.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.41 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 Fitch India Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48.2% | •••• | •••• | •••• | •••• |
| 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 Fitch India Services 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 Fitch India Services Private Limited
Fitch India Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hyejin Yoon | Director | 28 Feb 2019 | 7 Years 7 Months | Current |
| Nikhil Lalchand Jain | Director | 06 Feb 2024 | 2 Years 8 Months | Current |
| Punita Shailesh Panchal | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
Peer Comparison of Fitch India Services Private Limited
Fitch India Services Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional 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 |
|---|---|---|---|---|---|---|
| Quintessentially Lifestyle Services (India) Private Limited | ₹38.62 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Gurgaon, Haryana, India |
| Moody International (India) Private Limited | ₹38.53 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Reynolds Sound and Lighting Services Private Limited | ₹38.48 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Borregaard South Asia Private Limited | ₹38.31 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Thane, Maharashtra, India |
| 360 One Investment Adviser and Trustee Services Limited | ₹38.28 Cr (FY 2018) | •••• | •••• | 286.0% | •••• | Mumbai, Maharashtra, India |
| Fitch India Services Private Limited this company | ₹38.2 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Mumbai, Maharashtra, India |
| Aptly Professional Services Private Limited | ₹38.1 Cr (FY 2025) | •••• | •••• | 127.0% | •••• | Hyderabad, Telangana, India |
| Forever India Ventures Private Limited | ₹38.09 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Afilias India Private Limited | ₹37.96 Cr (FY 2024) | •••• | •••• | 409.0% | •••• | New Delhi, Delhi, India |
| Everise (India) BPO Services Private Limited | ₹37.84 Cr (FY 2024) | •••• | •••• | 750.0% | •••• | Delhi, India |
| Tech Tantra IT Services Private Limited | ₹37.7 Cr (FY 2025) | •••• | •••• | 575.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fitch India Services by revenue in the Consumer Services industry (Professional 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 Fitch India Services Private Limited
Fitch India Services Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | 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 Fitch India Services 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 Fitch India Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Fitch India Services Private Limited
Fitch India Services Private Limited has a workforce of 9 employees as of Apr 08, 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 Fitch India Services Private Limited
Fitch India Services Private Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Nikhil Lalchand Jain ceased to be Additional Director on 24 Sep 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fitch India Services 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 Fitch India Services 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 Fitch India Services 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 Fitch India Services Private Limited
Fitch India Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF1525E1Z3 | Maharashtra | 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 Fitch India Services 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.
Related news about Fitch India Services Private Limited
Frequently Asked Questions about Fitch India Services Private Limited
Fitch India Services is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 20 March 2013 (13+ years old) and is registered under CIN U67100MH2013FTC241137.
Fitch India Services reported revenue of ₹38.2 Cr for FY 2025 (up 93% YoY).
Fitch India Services has 3 current directors:
- Hyejin Yoon - Director
- Nikhil Lalchand Jain - Director
- Punita Shailesh Panchal - Director
Fitch India Services reported a net profit of ₹18.41 Cr (net margin 48.2%) and EBITDA of ₹24.92 Cr (EBITDA margin 65.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fitch India Services is 14% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 93%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fitch India Services is 27AACCF1525E1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fitch India Services is U67100MH2013FTC241137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitch India Services was incorporated on 20 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fitch India Services by revenue are Quintessentially Lifestyle Services (India) Private Limited, Moody International (India) Private Limited, Reynolds Sound and Lighting Services Private Limited, Borregaard South Asia Private Limited, 360 One Investment Adviser and Trustee Services Limited and 5 more, all in the Consumer Services industry (Professional Services).
Nikhil Lalchand Jain ceased to be Additional Director on 24 Sep 2024. Nikhil Lalchand Jain was appointed as Director on 06 Feb 2024. Shrikant Gandhi Dev ceased to be Director on 04 Dec 2023. Fitch India Services has 9 board changes on record in total.
Fitch India Services can be reached through the website indiaratings.co.in. Its registered office is in Mumbai, Maharashtra, India.