About Gsource Technologies Private Limited
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Gsource Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2014PTC152337. Its GSTIN is 27AAFCG7180F1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Gsource Business Solutions Private Limited. It is led by directors Sandeep Tulsiram Mahadik and Rahul Tulsiram Mahadik.
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 402A 402D 403 & 404 4th Floor B Wing Nyati Tech Park Wadgoansheri, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.51 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 11.5%) and EBITDA of ₹3.11 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 29% over five years.
The company has about 194 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gsourcedata.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address402A 402D 403 & 404 4th Floor B Wing Nyati Tech Park Wadgoansheri, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
- 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
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Business Activity of Gsource Technologies Private Limited
The main business activity of Gsource Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Gsource Technologies Private Limited FY 2025 filings available
Gsource Technologies Private Limited reported revenue of ₹15.51 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gsource Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 9% growth in the latest year. EBITDA fell 2% 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 Gsource Technologies Private 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 | ₹3.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.79 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 Gsource Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• | •••• |
| 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 Gsource Technologies 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 Gsource Technologies Private Limited
Gsource Technologies Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 7 Petals Horticulture (India) Private Limited | ₹15.75 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Archivista Engineering Projects Private Limited | ₹15.74 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| Niteen Parulekar Architects Private Limited | ₹15.67 Cr (FY 2019) | •••• | •••• | -68.0% | •••• | Mumbai, Maharashtra, India |
| Discern Engineering Private Limited | ₹15.64 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Howrah, West Bengal, India |
| Exalt Design Engineers Private Limited | ₹15.52 Cr (FY 2025) | •••• | •••• | 127.0% | •••• | Bangalore, Karnataka, India |
| Gsource Technologies Private Limited this company | ₹15.51 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Kadri Consultants Private Limited | ₹15.47 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Mumbai, Maharashtra, India |
| G Square Techsystems Private Limited | ₹15.33 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Pune, Maharashtra, India |
| Im Technologies Private Limited | ₹15.32 Cr (FY 2025) | •••• | •••• | 115.0% | •••• | Pune, Maharashtra, India |
| Gwalior Smart City Development Corporation Limited | ₹15.26 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Lashkar, Madhya Pradesh, India |
| Praxien Tech Private Limited | ₹15.25 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Gsource Technologies by revenue in the Engineering industry (Engineering Design), 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 Gsource Technologies Private Limited
Gsource Technologies Private Limited is audited by A A S & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A A S & 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 Gsource Technologies Private Limited
Gsource Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Tulsiram Mahadik Also directs: Gsource Data LLP, Outfindr Social LLP | Director | 27 Aug 2014 | 12 Years 1 Months | Current |
| Rahul Tulsiram Mahadik Also directs: Gsource Data LLP | Director | 27 Aug 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Gsource Technologies 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 Gsource Technologies Private Limited
Gsource Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Gsource Technologies Private Limited
Gsource Technologies Private Limited has 2 court cases on record: 1 filed by Gsource Technologies, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Tata Teleservices (Maharashtra) Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 2 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.
Employees and EPFO Compliance at Gsource Technologies Private Limited
Gsource Technologies Private Limited has a workforce of 194 employees as of Apr 05, 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 Gsource Technologies Private Limited
Gsource Technologies Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Monojit Dutta Gupta ceased to be Director on 02 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Gsource Technologies 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 Gsource Technologies 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 Gsource Technologies 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 Gsource Technologies Private Limited
Gsource Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG7180F1ZI | 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 Gsource Technologies 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.
Frequently Asked Questions about Gsource Technologies Private Limited
Gsource Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 August 2014 (12+ years old) and is registered under CIN U72900PN2014PTC152337.
Gsource Technologies reported revenue of ₹15.51 Cr for FY 2024 (up 9% YoY).
Gsource Technologies has 2 current directors:
- Sandeep Tulsiram Mahadik - Director
- Rahul Tulsiram Mahadik - Director
Gsource Technologies reported a net profit of ₹1.79 Cr (net margin 11.5%) and EBITDA of ₹3.11 Cr (EBITDA margin 20.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gsource Technologies is 41% over three years and 29% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gsource Technologies is 27AAFCG7180F1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gsource Technologies is U72900PN2014PTC152337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gsource Technologies has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Gsource Technologies was incorporated on 27 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Gsource Technologies by revenue are 7 Petals Horticulture (India) Private Limited, Archivista Engineering Projects Private Limited, Niteen Parulekar Architects Private Limited, Discern Engineering Private Limited, Exalt Design Engineers Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Monojit Dutta Gupta ceased to be Director on 02 Sep 2020. Rahul Tulsiram Mahadik was appointed as Director on 27 Aug 2014. Sandeep Tulsiram Mahadik was appointed as Director on 27 Aug 2014.