About Flatworld Solutions Private Limited
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Flatworld Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC038135. Its GSTIN is 29AAACF9405D1ZS (Karnataka).
The company has an authorised share capital of ₹16.5 Lakh and a paid-up capital of ₹16.24 Lakh. It is led by directors including Derek Alan Mcdowell and Adam Scott Herman.
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 No.6 1st & 2nd Floor Oppsite Bpcl Petrol Bunk Outer Ring Road Banaswadi, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2025, the company reported a revenue of ₹140 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹53.61 Lakh (net margin -0.4%) and EBITDA of ₹7.77 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 15% over five years.
The company has about 697 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Flatworld Solutions. As per MCA filings, the company has open charges of ₹65 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 flatworldsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.6 1st & 2nd Floor Oppsite Bpcl Petrol Bunk Outer Ring Road Banaswadi, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, IT Consulting & Support Services, Database Management & Solutions
- 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 Flatworld Solutions Private Limited
Flatworld Solutions operates one associated brand: Flatworld Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flatworld Solutions is engaged in providing global BPO and AI services. | flatworldsolutions.com |
Competitors & Alternatives of Flatworld Solutions Private Limited
Brands and companies operating in the same space as Flatworld Solutions Private Limited include Quess, Datamatics, TaskUs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Quess | Provider of outsourcing and business services | Bengaluru, India | 2007 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 TaskUs | Provider of customer care and back office support services for multiple sectors | San Antonio, United States | 2008 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 CESC | Electricity generation and distribution are provided in eastern India. | Kolkata, India | 1879 |
 Sutherland | Business process and technology management services are provided globally. | Pittsford, United States | 1986 |
 eClerx | Provider of business processes, change management, analytics, and data-driven insights services | Mumbai, India | 2000 |
 Hexaware | Provider of IT consulting and BPO services | Mumbai, India | 1990 |
 eInfochips | Provider of product engineering, process automation, IT advisory, software development, and other services | Ahmedabad, India | 1996 |
 Capita | Capita is engaged in providing business process outsourcing and digital services. | London, United Kingdom | 1984 |
Business Activity of Flatworld Solutions Private Limited
The main business activity of Flatworld Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Flatworld Solutions Private Limited
Flatworld Solutions Private Limited is audited by V. P. Thacker & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. P. Thacker & 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 Flatworld Solutions Private Limited
Flatworld Solutions has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Derek Alan Mcdowell | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Adam Scott Herman | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Jacob William | Director | 03 Jan 2006 | 20 Years 9 Months | Current |
| Simon David Castellano | Nominee Director | 05 Dec 2024 | 1 Years 10 Months | Current |
| Anand Mathews Also directs: Brandpot Global Limited Liability Partnership | Director | 28 Apr 2008 | 18 Years 5 Months | Current |
| David Antony Raj Mohan Also directs: Flatworld Books Private Limited | Director | 03 Jan 2006 | 20 Years 9 Months | Current |
Financials of Flatworld Solutions Private Limited FY 2025 filings available
Flatworld Solutions Private Limited reported revenue of ₹140 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flatworld Solutions Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 54% 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 Flatworld Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹53.61 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Flatworld Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Flatworld Solutions 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.
Ownership and Shareholding of Flatworld 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.
Group Structure of Flatworld Solutions Private Limited
Flatworld Solutions has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Expertcallers Solutions Private Limited | U72200KA2015PTC083468 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Flatworld Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 2023 | Hdfc Bank Limited | ₹65 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Flatworld Solutions Private Limited
Flatworld Solutions Private Limited has a workforce of 697 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.
GST Compliance of Flatworld Solutions Private Limited
Flatworld Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF9405D1ZS | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Flatworld 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 Flatworld 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 Flatworld 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.
MCA Filings & Documents of Flatworld 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 Flatworld Solutions Private Limited
Recent News on Flatworld Solutions Private Limited
Frequently Asked Questions about Flatworld Solutions Private Limited
Flatworld Solutions is an active 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 03 January 2006 (20+ years old) and is registered under CIN U72200KA2006PTC038135.
Flatworld Solutions reported revenue of ₹140 Cr for FY 2025 (down 1% YoY).
Flatworld Solutions has 6 current directors:
- Derek Alan Mcdowell - Director
- Adam Scott Herman - Director
- Jacob William - Director
- Simon David Castellano - Nominee Director
- Anand Mathews - Director
- David Antony Raj Mohan - Director
Flatworld Solutions reported a net loss of ₹53.61 Lakh (net margin -0.4%) and EBITDA of ₹7.77 Cr (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flatworld Solutions is 24% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flatworld Solutions is 29AAACF9405D1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Flatworld Solutions is U72200KA2006PTC038135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flatworld Solutions was incorporated on 03 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Flatworld Solutions can be reached through the website flatworldsolutions.com. Its registered office is in Bangalore, Karnataka, India.