- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-13-0000838

About Frontizo Business Services Private Limited
Data last updated:
Frontizo Business Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Zodiac Wealth Advisors Llp. It operates in the business process outsourcing sector. It was incorporated on 27 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2012PTC233481. Its GSTIN is 07AAECC7618K1ZF (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹575 Cr and a paid-up capital of ₹294.12 Cr. It was formerly known as Capricorn Business and Trade Services Private Limited. It is led by directors Sharath Narahari Belur and Srikant Sreeram Narasimhan.
Its last annual general meeting (AGM) was held on 05 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Block E 14th Floor Unit Nos. 1401 To 1421 International Trade Tower, Nehru Place New Delhi South Delhi – 110019, Delhi, India – 110019.
As per the financials filed for FY 2026, the company reported a revenue of ₹23.4 Cr, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Cr (net margin 24.4%) and EBITDA of ₹10.8 Cr (EBITDA margin 46.2%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 72% over five years.
The company has about 1,537 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Frontizo Business Services. As per MCA filings, the company has satisfied charges of ₹16 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 secondary share transfers, 1 acquisition, 1 rights issue); the latest was in August 2024. Its 3 peer companies in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities) are compared by revenue, 3 larger; the largest is RPSG Ventures Limited with revenue of ₹9,707.85 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 11 micro and small suppliers.
Frontizo Business Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0000838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frontizo.in.
Company details
Recognitions & Rankings of Frontizo Business Services
Contact details
Frontizo Business Services Private Limited's registered office is in New Delhi, Delhi. Its website is frontizo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock E 14th Floor Unit Nos. 1401 To 1421 International Trade Tower, Nehru Place New Delhi South Delhi – 110019, Delhi, India – 110019
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Frontizo Business Services 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
Frontizo Business Services operates one associated brand: Frontizo Business Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers multi-channel, multi-language contact center services for businesses. | frontizo.in |
Business activity
The main business activity of Frontizo Business Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Frontizo Business Services Private Limited, buy the company report.
Financials of Frontizo Business Services Private Limited
FY 2026 filings availableFrontizo Business Services Private Limited reported revenue of ₹23.4 Cr (down 100% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. EBITDA rose 35% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹10.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.7 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.2% | ||||
| Net Profit Margin | 24.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Frontizo Business Services Private Limited, buy the company report.
Board of directors of Frontizo Business Services Private Limited
Frontizo Business Services has 2 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharath Narahari Belur | Director | 04 Apr 2026 | 0 Years 6 Months | Current |
| Srikant Sreeram Narasimhan | Director | 14 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Frontizo Business Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RPSG Ventures Limited | ₹9,707.85 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| WNS Global Services Private Limited | ₹9,241.85 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Firstsource Solutions Limited | ₹7,979.45 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Frontizo Business Services Private Limitedthis company | ₹23.4 Cr (FY 2026) | ₹5.7 Cr | 24.4% | -100.0% | 1,537 | New Delhi, Delhi, India |
To see the full peer comparison of Frontizo Business Services Private Limited, buy the company report.
Auditor
Frontizo Business Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Frontizo Business Services 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 Frontizo Business Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2021 | 100420706 | The Hongkong and Shanghai Banking Corporation Limited | ₹16 Cr | Satisfied |
To see the full charge records of Frontizo Business Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Frontizo Business Services Private Limited has 6 deals on record (4 secondary share transfers, 1 acquisition, 1 rights issue); the latest was in August 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: Amazon Asia Pacific Holdings Private Limited Seller: Zodiac Wealth Advisors LLP |
| Apr 2024 | Acquisition | Undisclosed | Buyer: an individual Seller: Zodiac Wealth Management LLP |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Zodiac Wealth Advisors LLP Seller: Amazon Asia Pacific Holdings Private Limited |
| Jun 2017 | Rights issue | ₹294.11 Cr | Investors: Zodiac Wealth Advisors LLP , Amazon Asia Pacific Holdings Private Limited, Zaffre Llc |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Zodiac Wealth Advisors LLP , Amazon Asia Pacific Holdings Private Limited, Zaffre Llc Seller: 2 individuals |
To see the full deal history of Frontizo Business Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Frontizo Business Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Frontizo Business Services 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
Frontizo Business Services Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Chandrasekaran Associates | |||
| Ecos (India) Mobility & Hospitality Limited | |||
| an individual supplier | |||
| New Wave Computing Private Limited |
To see the full MSME payment records of Frontizo Business Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Frontizo Business Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Appario Retail Private Limited | U52590DL2012PTC243863 |
To see the full group structure of Frontizo Business Services Private Limited, buy the company report.
Employees & EPFO
Frontizo Business Services Private Limited has a workforce of 1,537 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Frontizo Business Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECC7618K1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Frontizo Business Services Private Limited, buy the company report.
Recent activity
Frontizo Business Services Private Limited has 40 board changes on record since 2012: 21 appointments and 19 cessations. The latest: Sharath Narahari Belur was appointed as Director on 04 Apr 2026.
33 earlier events are in the company report.
Frequently asked questions
Frontizo Business Services 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 27 March 2012 (14+ years old) and is registered under CIN U74900DL2012PTC233481.
Frontizo Business Services has 2 current directors:
- Sharath Narahari Belur - Director
- Srikant Sreeram Narasimhan - Director
The latest financial statements of Frontizo Business Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Frontizo Business Services is 07AAECC7618K1ZF, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Frontizo Business Services is U74900DL2012PTC233481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontizo Business Services has 1 court case on record: 1 filed against it.
Frontizo Business Services was incorporated on 27 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Frontizo Business Services has 6 deals on record (4 secondary share transfers, 1 acquisition, 1 rights issue); the latest was in August 2024.
The peers of Frontizo Business Services by revenue are RPSG Ventures Limited, WNS Global Services Private Limited, Firstsource Solutions Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities).
Sharath Narahari Belur was appointed as Director on 04 Apr 2026. Vinod Mathews ceased to be Additional Director on 05 Sep 2025. Srikant Sreeram Narasimhan was appointed as Director on 14 Jul 2025. Frontizo Business Services has 40 board changes on record in total.
Yes, Frontizo Business Services is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-13-0000838).
Frontizo Business Services has 10 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 11 micro and small suppliers. The latest return was filed on 15 Dec 2023.

