About Farenexus Solutions Private Limited
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Farenexus Solutions Private Limited is a private limited company based in Parwanoo, Himachal Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U72300HP2014PTC000671. Its GSTIN is 03AAECN6641B1ZY (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Navixel Solutions Private Limited. It is led by directors Sunil Lahik and Amita.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Village & P.O. Taksala District Solan, Parwanoo, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.88 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹67.65 Lakh (net margin 4.3%) and EBITDA of ₹1.3 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 40% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Farenexus Solutions and Farenexus.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farenexussolutions.com.
Company details
Contact details
Farenexus Solutions Private Limited's registered office is in Parwanoo, Himachal Pradesh. Its website is farenexussolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage & P.O. Taksala District Solan, Parwanoo, Himachal Pradesh, India – 173220
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Farenexus Solutions 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
Farenexus Solutions operates two associated brands: Farenexus Solutions and Farenexus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital marketing, SEO, advertising, and web design services for businesses. | navixel.com | |
| Travel technology and data innovation solutions for booking, management, and analytics in the travel industry. | farenexussolutions.com |
Business activity
The main business activity of Farenexus Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Farenexus Solutions Private Limited, buy the company report.
Financials of Farenexus Solutions Private Limited
FY 2024 filings availableFarenexus Solutions Private Limited reported revenue of ₹15.88 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 54% growth in the latest year. EBITDA fell 3% 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 | ₹1.3 Cr | ||||
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| Net Profit (PAT) | ₹67.65 Lakh | ||||
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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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| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Farenexus Solutions Private Limited, buy the company report.
Board of directors of Farenexus Solutions Private Limited
Farenexus Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Lahik | Director | 08 May 2017 | 9 Years 5 Months | Current |
| Amita | Director | 12 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Farenexus Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ticker Data Limited | ₹16.16 Cr (FY 2025) | 1808.0% | Mumbai, Maharashtra, India | |||
| Mythos Software Services Private Limited | ₹16.16 Cr (FY 2024) | -18.0% | Mumbai, Maharashtra, India | |||
| Flatworld Billing Services Private Limited | ₹16.14 Cr (FY 2025) | 9.0% | Pune, Maharashtra, India | |||
| Eipp Solutions Private Limited | ₹15.98 Cr (FY 2024) | 60.0% | Chennai, Tamil Nadu, India | |||
| Nithra Apps India Private Limited | ₹15.88 Cr (FY 2024) | 21.0% | Tiruchengode, Tamil Nadu, India | |||
| Farenexus Solutions Private Limitedthis company | ₹15.88 Cr (FY 2025) | ₹67.65 Lakh | 4.3% | 54.0% | 79 | Parwanoo, Himachal Pradesh, India |
| Cmots Internet Technologies Private Limited | ₹15.79 Cr (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Globalxperts Technology Private Limited | ₹15.76 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Timeus Interactive Services Private Limited | ₹15.75 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Netelixir Digital Solutions Private Limited | ₹15.74 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Valad Infotech Solutions Private Limited | ₹15.72 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Farenexus Solutions Private Limited, buy the company report.
Auditor
Farenexus Solutions Private Limited is audited by Varun Koshal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varun Koshal & Associates | FY 2023 | 014001N |
Shareholding
The shareholding of Farenexus Solutions 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Farenexus Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Farenexus Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Farenexus Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Farenexus Solutions Private Limited has a workforce of 79 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Farenexus Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECN6641B1ZY | Punjab | Active | 03 Oct 2017 |
To see the full GST registrations and return filing status of Farenexus Solutions Private Limited, buy the company report.
Recent activity
Farenexus Solutions Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Amita ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Farenexus Solutions is an active private limited company based in Parwanoo, Himachal Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U72300HP2014PTC000671.
Farenexus Solutions has 2 current directors:
- Sunil Lahik - Director
- Amita - Director
The latest financial statements of Farenexus Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Farenexus Solutions is 03AAECN6641B1ZY, registered in Punjab.
The CIN (Corporate Identification Number) of Farenexus Solutions is U72300HP2014PTC000671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farenexus Solutions was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Farenexus Solutions by revenue are Ticker Data Limited, Mythos Software Services Private Limited, Flatworld Billing Services Private Limited, Eipp Solutions Private Limited, Nithra Apps India Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Amita ceased to be Additional Director on 30 Sep 2022. Amrita Gupta ceased to be Director on 13 Apr 2022. Amita was appointed as Director on 12 Apr 2022. Farenexus Solutions has 6 board changes on record in total.
Farenexus Solutions can be reached through the website farenexussolutions.com. Its registered office is in Parwanoo, Himachal Pradesh, India.
The registered office of Farenexus Solutions is at Village & P.O. Taksala District Solan, Parwanoo, Himachal Pradesh, India – 173220.
Farenexus Solutions operates in the information technology industry, in the IT consulting and support services segment.
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