About Inductis (India) Private Limited
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Inductis (India) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Exl Service.Com(India) Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2001PTC113186. Its GSTIN is 07AAACI8497C2ZE (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.14 Lakh. It is led by directors including Vikas Bhalla and Bhavna Newle Chopra.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 414 Fourth Floor DLF Jasola Tower B Plot No. 10 & 11 Dda District, Centre, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹783.76 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹91.16 Cr (net margin 11.6%) and EBITDA of ₹140.68 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 26% over five years.
The company has about 2,438 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: EXL. As per MCA filings, the company has open charges of ₹5.1 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2019. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exlservice.com.
Company details
Contact details
Inductis (India) Private Limited's registered office is in New Delhi, Delhi. Its website is exlservice.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address414 Fourth Floor DLF Jasola Tower B Plot No. 10 & 11 Dda District, Centre, New Delhi, Delhi, India – 110044
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Inductis (India) 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
Inductis (India) operates one associated brand: EXL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Analytics and digital solutions for healthcare and banking are provided. | exlservice.com |
Business activity
The main business activity of Inductis (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Inductis (India) Private Limited, buy the company report.
Financials of Inductis (India) Private Limited
FY 2024 filings availableInductis (India) Private Limited reported revenue of ₹783.76 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 18% growth in the latest year. EBITDA rose 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹140.68 Cr | ||||
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| Net Profit (PAT) | ₹91.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 11.6% | ||||
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To see the full financial statements and ratios of Inductis (India) Private Limited, buy the company report.
Board of directors of Inductis (India) Private Limited
Inductis (India) has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Bhalla Also directs: Exl Service.Com(India) Private Limited, Clairvoyant India Private Limited, Itidata Consulting India Private Limited and 5 more | Director | 30 Jul 2009 | 17 Years 3 Months | Current |
| Bhavna Newle Chopra Also directs: Exl Service.Com(India) Private Limited, Clairvoyant India Private Limited, Itidata Consulting India Private Limited and 5 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Sandeep Tibrewal Also directs: Exl Service.Com(India) Private Limited, Clairvoyant India Private Limited, Itidata Consulting India Private Limited and 5 more | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Baljinder Singh Sabharwal Also directs: Exl Service.Com(India) Private Limited, Clairvoyant India Private Limited, Itidata Consulting India Private Limited and 5 more | Director | 03 Feb 2015 | 11 Years 9 Months | Current |
Auditor
Inductis (India) Private Limited is audited by DELOITTE HASKINS AND SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS AND SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Inductis (India) 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 Inductis (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2024 | 100996859 | The Hongkong and Shanghai Banking Corporation Limited | ₹5.1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Inductis (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Exl Service.Com(India) Private Limited Seller: Exl Service Mauritius Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Exl Service Mauritius Limited Seller: Inductis Llc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Inductis (India) Private Limited has 6 court cases on record: 2 filed by Inductis (India), 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by PR. Commissioner of Income Tax Delhi | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
| Supreme Court | Court case (0318-Direct Taxes Matter : Deductions/exemptions) | Filed against the company by PR. Commissioner of Income Tax 4 Delhi PR. Commissioner of Income Tax 4 Delhi Room No 251, CR Building, Ip Estate ,New Delhi , Delhi | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-4, Delhi | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Employees Provident Fund Appellate Tribunal and Anr. | Disposed |
To see the full case history of Inductis (India) 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
Inductis (India) Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Force Tech Security (India) Private Limited | |||
| Biotic Waste Limited | |||
| BSL Placement Private Limited | |||
| Palki Foods India Private Limited |
To see the full MSME payment records of Inductis (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Inductis (India) Private Limited has a workforce of 2,438 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Inductis (India) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI8497C2ZE | Delhi | Active | 07 Nov 2019 |
| 06AAACI8497C1ZH | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inductis (India) Private Limited, buy the company report.
Recent activity
Inductis (India) Private Limited has 19 board changes on record since 2008: 4 appointments and 15 cessations. The latest: Sandeep Tibrewal ceased to be Additional Director on 20 Sep 2023.
11 earlier events are in the company report.
News
Frequently asked questions
Inductis (India) is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 November 2001 (25+ years old) and is registered under CIN U74999DL2001PTC113186.
Inductis (India) has 4 current directors:
- Vikas Bhalla - Director
- Bhavna Newle Chopra - Director
- Sandeep Tibrewal - Director
- Baljinder Singh Sabharwal - Director
The latest financial statements of Inductis (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Inductis (India) is 07AAACI8497C2ZE, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACI8497C1ZH (Haryana).
The CIN (Corporate Identification Number) of Inductis (India) is U74999DL2001PTC113186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inductis (India) has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Inductis (India) was incorporated on 19 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Inductis (India) has 2 deals on record (2 secondary share transfers); the latest was in June 2019.
Sandeep Tibrewal ceased to be Additional Director on 20 Sep 2023. Sandeep Tibrewal was appointed as Director on 01 Jun 2023. Bhavna Newle Chopra ceased to be Additional Director on 08 Nov 2021. Inductis (India) has 19 board changes on record in total.
Inductis (India) has 8 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Inductis (India) can be reached through the website exlservice.com. Its registered office is in New Delhi, Delhi, India.
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