- Category
- Small (2023-24)
- Udyam number
- UDYAM-OD-19-0003606

About X Security Service Private Limited
Data last updated:
X Security Service Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 23 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74920OR1996PTC004526. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sripati Bhusan Srichandan and Basanti Srichandan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. – 1468/4564 Irc Village, Bhubaneswar, Odisha, India – 751015.
As per the financials filed for FY 2022, the company reported a revenue of ₹21.57 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹63.71 Lakh (net margin 3%) and EBITDA of ₹1.34 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 19% over five years.
The company has about 1,098 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: X Security Service. As per MCA filings, the company has open charges of ₹3.3 Cr and satisfied charges of ₹26 Lakh on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
X Security Service Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0003606). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xsecurityservice.com.
Company details
Recognitions & Rankings of X Security Service
Contact details
X Security Service Private Limited's registered office is in Bhubaneswar, Odisha. Its website is xsecurityservice.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. – 1468/4564 Irc Village, Bhubaneswar, Odisha, India – 751015
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of X Security Service 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
X Security Service operates one associated brand: X Security Service. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of security services including guarding, consulting, and support in India. | xsecurityservice.com |
Business activity
The main business activity of X Security Service is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of X Security Service Private Limited, buy the company report.
Financials of X Security Service Private Limited
FY 2022 filings availableX Security Service Private Limited reported revenue of ₹21.57 Cr (up 28% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 33% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.71 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of X Security Service Private Limited, buy the company report.
Board of directors of X Security Service Private Limited
X Security Service has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sripati Bhusan Srichandan | Director | 01 Dec 1998 | 27 Years 10 Months | Current |
| Basanti Srichandan | Director | 01 Dec 1998 | 27 Years 10 Months | Current |
Peer comparison
X Security Service Private Limited is compared with the 6 companies closest to it by revenue in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S S Guards Private Limited | ₹21.82 Cr (FY 2020) | 32.0% | Kolkata, West Bengal, India | |||
| Sumit Safe Security Private Limited | ₹21.66 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| X Security Service Private Limitedthis company | ₹21.57 Cr (FY 2022) | ₹63.71 Lakh | 3% | 28.0% | 1,098 | Bhubaneswar, Odisha, India |
| M-Five Security Private Limited | ₹21.56 Cr (FY 2024) | 13.0% | New Delhi, Delhi, India | |||
| Winners Security Services (Orissa)Pvt Ltd | ₹21.52 Cr (FY 2024) | 88.0% | Bhubaneswar, Odisha, India | |||
| 4 M Security and Allied Services Private Limited | ₹21.5 Cr (FY 2025) | -15.0% | Thiruvananthapuram, Kerala, India | |||
| MPG Security Group Private Limited | ₹21.44 Cr (FY 2025) | 2.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of X Security Service Private Limited, buy the company report.
Auditor
X Security Service Private Limited is audited by ACS & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ACS & CO | FY 2022 | 0325716E |
Shareholding
The shareholding of X Security Service Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of X Security Service Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2015 | 10565777 | Axis Bank Limited | ₹3.3 Cr | Open | |
| 20 Nov 2004 | 90082267 | State Bank of Mysore | ₹26 Lakh | Satisfied |
To see the full charge records of X Security Service Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
X Security Service Private Limited has 5 court cases on record: 1 filed by X Security Service, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed against the company by M/S. Executive Security Service Pvt.Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against Executive Security Service Pvt.Ltd and 5 others | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Pending |
| High Court of Orissa | Writ petition | Filed against the company | Disposed |
| High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of X Security Service 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
No delayed payments to MSME suppliers are on our record for X Security Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
X Security Service Private Limited has a workforce of 1,098 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
X Security Service has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of X Security Service Private Limited, buy the company report.
Recent activity
X Security Service Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Basanti Srichandan was appointed as Director on 01 Dec 1998.
Frequently asked questions
X Security Service is an active private limited company based in Bhubaneswar, Odisha, India. The company works in security and surveillance, within the business services industry. It was incorporated on 23 July 1996 (30+ years old) and is registered under CIN U74920OR1996PTC004526.
X Security Service has 2 current directors:
- Sripati Bhusan Srichandan - Director
- Basanti Srichandan - Director
The latest financial statements of X Security Service on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. X Security Service has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of X Security Service is U74920OR1996PTC004526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
X Security Service has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending.
X Security Service was incorporated on 23 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of X Security Service by revenue are S S Guards Private Limited, Sumit Safe Security Private Limited, M-Five Security Private Limited, Winners Security Services (Orissa)Pvt Ltd, 4 M Security and Allied Services Private Limited and 1 more, all in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities).
Basanti Srichandan was appointed as Director on 01 Dec 1998. Sripati Bhusan Srichandan was appointed as Director on 01 Dec 1998.
Yes, X Security Service is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0003606).
X Security Service can be reached through the website xsecurityservice.com. Its registered office is in Bhubaneswar, Odisha, India.

