Nagarro Software Private Limited

Nagarro Software Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL1996PTC075453 Incorporated 15 January 1996 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹1,774.49 Cr
▲ 32% YoY
Net profit · FY 2022
₹187.01 Cr
Net margin 10.5%
EBITDA · FY 2022
₹260.35 Cr
EBITDA margin 14.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.96 Lakh
Issued & subscribed
Open charges
₹25 Cr
Satisfied ₹32.13 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
6,747
Provident fund records

About Nagarro Software Private Limited

Data last updated:

Nagarro Software Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Nagarro Inc (Usa). It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 January 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL1996PTC075453. Its GSTIN is 06AABCN5039J1ZG (Haryana). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.96 Lakh. It was formerly known as Conflux Systems Private Limited. It is led by directors Neeraj Chhibba and Ashok Kollannore Thomas.

Its last annual general meeting (AGM) was held on 12 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 19/20 East Punjabi Bagh, New Delhi, Delhi, India – 110026.

As per the financials filed for FY 2022, the company reported a revenue of ₹1,774.49 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹187.01 Cr (net margin 10.5%) and EBITDA of ₹260.35 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 27% over five years.

The company has about 6,747 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹32.13 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2021. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Comviva Technologies Limited with revenue of ₹1,508.7 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 nagarro.com.

Company Details of Nagarro Software Private Limited
CIN U72900DL1996PTC075453
Registration Number 075453
Incorporation Date 15 January 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Nagarro Inc (Usa)
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    19/20 East Punjabi Bagh, New Delhi, Delhi, India – 110026
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Nagarro Software Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Nagarro Software Private Limited FY 2024 filings available

Nagarro Software Private Limited reported revenue of ₹1,774.49 Cr (up 32% YoY) for FY 2022.

Revenue · FY 2022
₹1,774.49 Cr ▲ 32%
Net profit · FY 2022
₹187.01 Cr margin 10.5%
EBITDA · FY 2022
₹260.35 Cr margin 14.7%

Compounded Annual Growth Rate (CAGR) of Nagarro Software Private Limited

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 36%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 55%
5 years · compounded
▲ 51%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 32% growth in the latest year. EBITDA rose 49% 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 Nagarro Software Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1,774.49 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹260.35 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹187.01 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 Nagarro Software Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin14.7%••••••••••••••••
Net Profit Margin10.5%••••••••••••••••
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 Nagarro Software are in the company report.

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Board of Directors of Nagarro Software Private Limited

Nagarro Software has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neeraj ChhibbaDirector31 Aug 201214 Years 1 MonthsCurrent
Ashok Kollannore ThomasDirector11 Jan 201412 Years 9 MonthsCurrent

Peer Comparison of Nagarro Software Private Limited

Nagarro Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nagarro Software Private Limited this company₹1,774.49 Cr (FY 2022)••••••••32.0%••••New Delhi, Delhi, India
Comviva Technologies Limited₹1,508.7 Cr (FY 2025)••••••••13.0%••••Gurugram, Haryana, India
Dassault Systemes Solutions Lab Private Limited₹1,453.42 Cr (FY 2025)••••••••9.0%••••Pune, Maharashtra, India
Broadridge Financial Solutions (India) Private Limited₹1,387.91 Cr (FY 2025)••••••••15.0%••••Hyderabad, Telangana, India
Ariba Technologies India Private Limited₹1,336.5 Cr (FY 2025)••••••••29.0%••••Bgnorth, Karnataka, India
BMC Software India Private Limited₹1,318.99 Cr (FY 2025)••••••••5.0%••••Pune, Maharashtra, India
Lam Research (India) Private Limited₹1,277 Cr (FY 2025)••••••••20.0%••••Bangalore, Karnataka, India
Unisys India Pvt Ltd₹1,230.13 Cr (FY 2025)••••••••2.0%••••Sarjapur Road Bangalore East, Karnataka, India
Mavenir Systems Private Limited₹1,215.5 Cr (FY 2025)••••••••3.0%••••Bengaluru, Karnataka, India
Kronos Solutions India Private Limited₹1,201.03 Cr (FY 2025)••••••••25.0%••••New Delhi, Delhi, India
Ge India Technology Centre Private Limited₹1,170.09 Cr (FY 2016)••••••••12.0%••••Whitefield Road, Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Nagarro Software by revenue in the Information Technology industry (Application Development), 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 Nagarro Software Private Limited

Nagarro Software Private Limited is audited by BSR & Associates LLP for the financial year 2022.

NameStatusAppointment DateCessation Date
BSR & Associates LLPLockedLockedLocked
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Ownership and Shareholding of Nagarro Software Private Limited

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Charges & Borrowings of Nagarro Software Private Limited

Open charges
₹25 Cr
Satisfied charges
₹32.13 Cr
Breakdown by lending institutions
Yes Bank Limited₹27.50 Cr
Small Industries Development Bank of India₹4.00 Cr
Punajb National Bank₹0.45 Cr
I.C.I.C.I. Bank Ltd.₹0.12 Cr
Icici Bank Ltd₹0.05 Cr
Latest charge details
DateLenderAmountStatus
06 Oct 2008Small Industries Development Bank of India₹4 CrSatisfied
15 May 2008Yes Bank Limited₹25 CrSatisfied
05 Oct 2007Yes Bank Limited₹2.5 CrSatisfied
22 May 2006Icici Bank Ltd₹5.36 LakhSatisfied
23 Jan 2004I.C.I.C.I. Bank Ltd.₹12.43 LakhSatisfied

Total charge records: 6 View all charges

Deals & Funding of Nagarro Software Private Limited

Nagarro Software Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2021.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2021Secondary share transferUndisclosedSeller: 3 individuals
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Employees and EPFO Compliance at Nagarro Software Private Limited

Nagarro Software Private Limited has a workforce of 6,747 employees as of Mar 31, 2024.

Employee count
6,747
Active EPFO establishments
1
Employee growth
5.93%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Nagarro Software Private Limited

Nagarro Software Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Man Mohan Gupta ceased to be Director on 23 Dec 2020.

Charges
A charge registered on 15 May 2008 via Charge ID 10109889 with Yes Bank Limited was fully satisfied on 18 Jun 2025.
AGM
Nagarro Software Private Limited last Annual general meeting of members was held on 12 Jun 2025 as per latest MCA records.
Filing
Nagarro Software Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Delhi Ii.
Ceased
Man Mohan Gupta ceased to be Director.
Charges
A charge registered on 05 Oct 2007 via Charge ID 10076415 with Yes Bank Limited was fully satisfied on 30 May 2020.
Charges
A charge with Yes Bank Limited of Rs. 2,500.00 Lakh registered on 15 May 2008 with Charge ID 10109889 was modified on 28 Mar 2018.
Charges
A charge registered on 16 Jan 2003 via Charge ID 90054781 with Punajb National Bank was fully satisfied on 05 May 2017.
Charges
A charge registered on 22 May 2006 via Charge ID 10005759 with Icici Bank Ltd was fully satisfied on 09 Mar 2017.
Charges
A charge registered on 23 Jan 2004 via Charge ID 90055175 with I.C.I.C.I. Bank Ltd. was fully satisfied on 09 Mar 2017.
Charges
A charge registered on 06 Oct 2008 via Charge ID 10123937 with Small Industries Development Bank Of India was fully satisfied on 15 Feb 2017.
Ceased
Ashok Kollannore Thomas ceased to be Additional Director.
Ceased
Vikram Sehgal ceased to be Director.

11 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Nagarro Software Private Limited

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MSME Payment Delays by Nagarro Software Private Limited

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Subsidiaries & Group Companies of Nagarro Software Private Limited

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GST Compliance of Nagarro Software Private Limited

Nagarro Software has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
06AABCN5039J1ZGHaryanaActive01 Jul 2017
09AABCN5039J1ZAUttar PradeshActive01 Jul 2017
05AABCN5039J1ZIUttarakhandActive21 Oct 2021
29AABCN5039J1Z8KarnatakaActive16 May 2022
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GST registrations and filing compliance

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MCA Filings & Documents of Nagarro Software Private Limited

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Frequently Asked Questions about Nagarro Software Private Limited

Nagarro Software is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 January 1996 (30+ years old) and is registered under CIN U72900DL1996PTC075453.

Nagarro Software reported revenue of ₹1,774.49 Cr for FY 2022 (up 32% YoY).

Nagarro Software has 2 current directors:

Nagarro Software reported a net profit of ₹187.01 Cr (net margin 10.5%) and EBITDA of ₹260.35 Cr (EBITDA margin 14.7%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Nagarro Software is 36% over three years and 27% over five years. In the latest year (FY 2022) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Nagarro Software is 06AABCN5039J1ZG, registered in Haryana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AABCN5039J1ZA (Uttar Pradesh), 05AABCN5039J1ZI (Uttarakhand), 29AABCN5039J1Z8 (Karnataka).

The CIN (Corporate Identification Number) of Nagarro Software is U72900DL1996PTC075453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nagarro Software has 1 court case on record: 1 filed against it.

Nagarro Software was incorporated on 15 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.

Nagarro Software has 1 deal on record (1 secondary share transfer); the latest was in December 2021.

The peers of Nagarro Software by revenue are Comviva Technologies Limited, Dassault Systemes Solutions Lab Private Limited, Broadridge Financial Solutions (India) Private Limited, Ariba Technologies India Private Limited, BMC Software India Private Limited and 5 more, all in the Information Technology industry (Application Development).

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