About Phdata Solutions Private Limited
Data last updated:
Phdata Solutions Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Phdata Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC098885. Its GSTIN is 29AAICP9159N1ZE (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65.02 Lakh. It is led by directors including Anand Devaraj and Balbir Singh Matharu.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹38.72 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Cr (net margin 7.4%) and EBITDA of ₹4.61 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 94% over five years.
The company has about 154 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: phData. The company has 2 deals on record (2 rights issues); the latest was in October 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phdata.io.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGround Floor Indiqube Logos – By Bible Society Property Bearing Municipal No. 206 M.G., Road, Bengaluru, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Phdata Solutions Private Limited FY 2025 filings available
Phdata Solutions Private Limited reported revenue of ₹38.72 Cr (up 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Phdata Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 94% over five years, including 50% growth in the latest year. EBITDA rose 105% 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 Phdata Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹38.72 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.85 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 Phdata Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.4% | •••• | •••• | •••• | •••• |
| 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 Phdata Solutions are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Phdata Solutions Private Limited
Phdata Solutions Private Limited is audited by Sambandam Associates Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sambandam Associates Chartered Accountants | 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 Phdata Solutions Private Limited
Phdata Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Devaraj | Director | 22 May 2019 | 7 Years 4 Months | Current |
| Balbir Singh Matharu | Director | 15 May 2017 | 9 Years 4 Months | Current |
| Michael Robert Cleveland | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
Ownership and Shareholding of Phdata Solutions 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 Phdata Solutions Private Limited
Phdata Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Phdata Solutions Private Limited
Phdata Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in October 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Rights issue | ₹49.8 Lakh | Investors: Phdata, Inc |
| Oct 2017 | Rights issue | ₹10.2 Lakh | Investors: Phdata, Inc, an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Competitors & Alternatives of Phdata Solutions Private Limited
Brands and companies operating in the same space as Phdata Solutions Private Limited include EXL, Tredence, Tech Mahindra and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 EXL | Analytics and digital solutions for healthcare and banking are provided. | New York, United States | 1999 |
 Tredence | AI consulting, supply chain, and customer analytics services are provided. | San Jose, United States | 2013 |
 Tech Mahindra | Provider of data analytics, cloud management, and business process outsourcing services | Pune, India | 1986 |
 MathCo | AI and analytics services are delivered globally to enterprises. | Bengaluru, India | 2016 |
 eClerx | Provider of business processes, change management, analytics, and data-driven insights services | Mumbai, India | 2000 |
 Quantiphi | Provider of AI and machine learning services | Marlborough, United States | 2013 |
 Orioninc | Provider of AI, data analytics, application development and IT security services | Monmouth Junction, United States | 1993 |
 ADA | Data-driven marketing, analytics, and digital commerce solutions are provided. | Singapore | 2018 |
 Capgemini | Cloud management, business consulting, and IT outsourcing services are provided. | Paris, France | 1967 |
 Artefact | Digital marketing services provider | Paris, France | 1998 |
Employees and EPFO Compliance at Phdata Solutions Private Limited
Phdata Solutions Private Limited has a workforce of 154 employees as of Apr 08, 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 Phdata Solutions Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Phdata Solutions 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 Phdata Solutions 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 Phdata Solutions 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 Phdata Solutions Private Limited
Phdata Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP9159N1ZE | Karnataka | 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 Phdata Solutions 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 Phdata Solutions Private Limited
Phdata Solutions is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 December 2016 (10+ years old) and is registered under CIN U74999KA2016FTC098885.
Phdata Solutions reported revenue of ₹38.72 Cr for FY 2023 (up 50% YoY).
Phdata Solutions has 3 current directors:
- Anand Devaraj - Director
- Balbir Singh Matharu - Director
- Michael Robert Cleveland - Director
Phdata Solutions reported a net profit of ₹2.85 Cr (net margin 7.4%) and EBITDA of ₹4.61 Cr (EBITDA margin 11.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Phdata Solutions is 39% over three years and 94% over five years. In the latest year (FY 2023) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Phdata Solutions is 29AAICP9159N1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Phdata Solutions is U74999KA2016FTC098885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phdata Solutions was incorporated on 29 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Phdata Solutions has 2 deals on record (2 rights issues); the latest was in October 2019.