About Fusion CX Limited
Data last updated:
Fusion CX Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of P N S Business Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2004PLC097921. Its GSTIN is 19AAACX0323Q2Z0 (West Bengal). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.63 Cr. It is led by directors including Kishore Saraogi (Managing Director) and Sanjay Banka.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.Y9 Block Ep & Gp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,352.92 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹75.58 Cr (net margin 5.6%) and EBITDA of ₹198.67 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years and 91% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Xplore Tech Services. As per MCA filings, the company has open charges of ₹208.87 Cr and satisfied charges of ₹182.12 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 6 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2016. Its 10 peer companies in the Outsourcing industry (Diversified BPO) are compared by revenue, 5 larger and 5 smaller; the largest is Aon Services India Private Limited with revenue of ₹1,540.03 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xplore-tech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.Y9 Block Ep & Gp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, Application Development & Software 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
Business Activity of Fusion CX Limited
The main business activity of Fusion CX is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | 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 Fusion CX Limited FY 2025 filings available
Fusion CX Limited reported revenue of ₹1,352.92 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fusion CX Limited
Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 32% growth in the latest year. EBITDA rose 90% 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 Fusion CX 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 | ₹198.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹75.58 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 Fusion CX Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Fusion CX 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.
Peer Comparison of Fusion CX Limited
Fusion CX Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aon Services India Private Limited | ₹1,540.03 Cr (FY 2016) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Cargill Business Services India Private Limited | ₹1,524.13 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Conneqt Business Solutions Limited | ₹1,453.26 Cr (FY 2023) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Hero Electronix Private Limited | ₹1,433.7 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Infinx Technology Solutions Private Limited | ₹1,422.86 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Fusion CX Limited this company | ₹1,352.92 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
| TCS E-Serve International Limited | ₹1,346.22 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Synchrony International Services Private Limited | ₹1,327.49 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Wipro HR Services India Private Limited | ₹1,302.7 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bengaluru, Karnataka, India |
| Lam Research (India) Private Limited | ₹1,277 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Ienergizer IT Services Private Limited | ₹1,267.54 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Fusion CX by revenue in the Outsourcing industry (Diversified BPO), 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 Fusion CX Limited
Fusion CX Limited is audited by M S K A & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S K A & 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.
Board of Directors and KMP of Fusion CX Limited
Fusion CX Limited currently reports 7 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Banka | Director | 01 Dec 2024 | 1 Years 10 Months | Current |
| Kashi Prasad Khandelwal | Director | 01 Dec 2024 | 1 Years 10 Months | Current |
| Saagarika Ghoshal Also directs: Match Board LLP, Go Destination Boardroom LLP | Director | 01 Dec 2024 | 1 Years 10 Months | Current |
| Kishore Saraogi | Managing Director | 01 Jul 2004 | 22 Years 3 Months | Current |
| Pankaj Dhanuka Also directs: Global Seamless Tubes & Pipes Private Limited, GSTP (HFS) Private Limited, P N S Business Private Limited and 2 more | Ceo | 28 Mar 2025 | 1 Years 6 Months | Current |
| Amit Soni | Cfo | 01 Dec 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Fusion CX 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 Fusion CX Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2024 | Others | ₹30 Cr | Open |
| 13 Oct 2023 | Hdfc Bank Limited | ₹14.19 Lakh | Open |
| 22 Nov 2022 | Hdfc Bank Limited | ₹111.72 Cr | Open |
| 07 Feb 2018 | Hdfc Bank Limited | ₹67 Cr | Open |
| 04 Jan 2023 | Others | ₹6 Cr | Satisfied |
Total charge records: 23 View all charges
Deals & Funding of Fusion CX Limited
Fusion CX Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: P N S Business Private Limited Seller: Rasish Consulatants Private Limited |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: Rasish Consulatants Private Limited, P N S Business Private Limited Seller: S N R Trading Company Pvt. Ltd. |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Fusion CX Limited
Fusion CX Limited has 13 court cases on record: 7 filed by Fusion CX, 6 filed against it. 6 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 5 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Careernet Technologies Private Limited | Pending |
| High Court of Karnataka | Arbitration matter | Filed by the company against Careernet Technologies Private Limited | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by Competent Syntech Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against Heaps Health Solutions India Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Proveera Private Limited | Pending |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Fusion CX Limited
Fusion CX operates one associated brand: Xplore Tech Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive IT solutions including application development, digital marketing, call center, and BPO services. | xplore-tech.com |
Employees and EPFO Compliance at Fusion CX Limited
Employment history and EPFO contributions of people linked to Fusion CX.
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.
Group Structure of Fusion CX Limited
Fusion CX 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 |
|---|---|---|
| Competent Synergies Private Limited | U74999CH1995PTC016703 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Fusion CX Limited
Fusion CX has one previous CIN (Corporate Identification Number): U72900WB2004PTC097921. The current CIN is U72900WB2004PLC097921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900WB2004PLC097921 | Current |
| U72900WB2004PTC097921 | Previous |
News related to Fusion CX Limited
Recent Activity on Fusion CX Limited
Fusion CX Limited has 23 board changes on record since 2004: 9 appointments and 14 cessations. The latest: Bradley Tyler Call was appointed as Director on 08 May 2025.
67 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fusion CX 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 Fusion CX 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 Fusion CX 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 Fusion CX Limited
Fusion CX has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACX0323Q2Z0 | West Bengal | Active | 01 Jul 2017 |
| 29AAACX0323Q1Z0 | Karnataka | Active | 26 Nov 2019 |
| 09AAACX0323Q1Z2 | Uttar Pradesh | Active | 17 Jul 2020 |
| 33AAACX0323Q1ZB | Tamil Nadu | Active | 01 Feb 2021 |
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 Fusion CX 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 Fusion CX Limited
Fusion CX is an active public limited company based in Kolkata, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 February 2004 (22+ years old) and is registered under CIN U72900WB2004PLC097921.
Fusion CX reported revenue of ₹1,352.92 Cr for FY 2025 (up 32% YoY).
Fusion CX has 9 current directors and KMP:
- Kishore Saraogi - Managing Director
- Sanjay Banka - Director
- Kashi Prasad Khandelwal - Director
- Saagarika Ghoshal - Director
- Ritesh Chakraborty - Director
- Michael Daniel Lamm - Director
- Bradley Tyler Call - Director
- Pankaj Dhanuka - Ceo
- Amit Soni - Cfo
Fusion CX reported a net profit of ₹75.58 Cr (net margin 5.6%) and EBITDA of ₹198.67 Cr (EBITDA margin 14.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fusion CX is 122% over three years and 91% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fusion CX is 19AAACX0323Q2Z0, registered in West Bengal. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACX0323Q1Z0 (Karnataka), 09AAACX0323Q1Z2 (Uttar Pradesh), 33AAACX0323Q1ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Fusion CX is U72900WB2004PLC097921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fusion CX has 13 court cases on record: 7 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
Fusion CX was incorporated on 25 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Fusion CX has 2 deals on record (2 secondary share transfers); the latest was in November 2016.
The peers of Fusion CX by revenue are Aon Services India Private Limited, Cargill Business Services India Private Limited, Conneqt Business Solutions Limited, Hero Electronix Private Limited, Infinx Technology Solutions Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).