MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0003013
Qai (India) Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.18 Cr
▼ 35% YoY
Net loss · FY 2025
₹1.77 Cr
Net margin -12.4%
EBITDA · FY 2025
-₹1.29 Cr
EBITDA margin -9.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.31 Cr
Issued & subscribed
Open charges
₹1.8 Cr
Satisfied ₹1.7 Cr
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings
About Qai (India) Limited
Data last updated:
Qai (India) Limited is a public limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 03 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PLC056293. Its GSTIN is 07AAACQ0883C1ZP (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.31 Cr. It is led by directors including Navyug Mohnot (Whole-Time Director) and Rahul Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1010 – 12 Ansal Towers 38 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.18 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Cr (net margin -12.4%) and EBITDA of -₹1.29 Cr (EBITDA margin -9.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 19% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: QAI Global. As per MCA filings, the company has open charges of ₹1.8 Cr and satisfied charges of ₹1.7 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it. The company has 17 deals on record (15 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹23.49 Cr; the latest was in January 2021.
Qai (India) Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0003013). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qaiglobal.com.
Company details
CIN U74899DL1993PLC056293
Registration Number 056293
Incorporation Date 03 December 1993
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0003013
CIN history
Qai (India) has one previous CIN (Corporate Identification Number): L74899DL1993PLC056293. The current CIN is U74899DL1993PLC056293, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1993PLC056293 | Current |
| L74899DL1993PLC056293 | Previous |
Key People
Navyug Mohnot Whole-Time Director Rahul Gupta Director Shivhari Jamnadhar Agarwal Director Recognitions & Rankings of Qai (India)
Contact details
Qai (India) Limited's registered office is in New Delhi, Delhi. Its website is qaiglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1010 – 12 Ansal Towers 38 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Qai (India) Limited, buy the company report.
Comprehensive company report
Qai (India) Limited - one report that includes everything
- 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
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Brands
Qai (India) operates one associated brand: QAI Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of IT service suite solutions | qaiglobal.com |
Business activity
The main business activity of Qai (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Qai (India) Limited, buy the company report.
Financials of Qai (India) Limited
FY 2025 filings availableQai (India) Limited reported revenue of ₹14.18 Cr (down 35% YoY) for FY 2025.
Revenue · FY 2025
₹14.18 Cr ▼ 35%
Net loss · FY 2025
₹1.77 Cr margin -12.4%
EBITDA · FY 2025
-₹1.29 Cr margin -9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 21%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▼ 156%
3 years · compounded
▼ 31%
5 years · compounded
▼ 22%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 35% fall in the latest year. EBITDA fell 156% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.77 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.1% | ||||
| Net Profit Margin | -12.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Qai (India) Limited, buy the company report.
Board of directors of Qai (India) Limited
Qai (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Gupta Also directs: Evista Teccon LLP, Udyat Management LLP, Himalayan Creamery Private Limited and 5 more | Director | 26 May 2010 | 16 Years 5 Months | Current |
| Navyug Mohnot | Whole-Time Director | 01 Aug 2002 | 24 Years 3 Months | Current |
| Shivhari Jamnadhar Agarwal Also directs: JK Maxx Paints Limited, Creative Chain Stores Pvt Ltd, Vector Trade Management Private Limited and 2 more | Director | 03 Dec 1993 | 32 Years 11 Months | Current |
Auditor
Qai (India) Limited is audited by JK & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JK & ASSOCIATES | FY 2022 | 024371N |
Shareholding
The shareholding of Qai (India) Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qai (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹1.8 Cr
Satisfied charges
₹1.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2021 | 100473666 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 04 Nov 2016 | 100059512 | Others | ₹1.5 Cr | Open | |
| 25 May 2006 | 10005866 | Citi Bank N.A. | ₹1.7 Cr | Satisfied |
To see the full charge records of Qai (India) Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Qai (India) Limited has 17 deals on record (15 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹23.49 Cr; the latest was in January 2021.
Total deals
17
Secondary share transfers
15
Funding round
1
Acquisition
1
Disclosed funding
₹23.49 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Industrial Techno Economic Services Pvt Ltd , an individual Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Seller: EQ India Advisors, Icici Prudential Trust Limited , 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Software Dioxide Private Limited , an individual Seller: 2 individuals |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Industrial Techno Economic Services Pvt Ltd |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Union Bank Of India Seller: Industrial Techno Economic Services Pvt Ltd |
To see the full deal history of Qai (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Qai (India) Limited has 9 court cases on record: 1 filed by Qai (India), 8 filed against it. All cases are disposed.
Total cases
9
Filed by the company
1
Filed against the company
8
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Qai (India) 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 Qai (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Qai (India) has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Qgi Work Force Development Solutions Private Limited | U74999DL2017PTC324118 | |
| Edista Testing Institute Limited | U80302DL2008PLC178201 |
To see the full group structure of Qai (India) Limited, buy the company report.
GST
Qai (India) has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACQ0883C1ZP | Delhi | Active | 01 Jul 2017 |
| 27AAACQ0883C1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AAACQ0883C1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Qai (India) Limited, buy the company report.
Recent activity
Qai (India) Limited has 12 board changes on record since 1993: 3 appointments and 9 cessations. The latest: Allen Joseph Pathmarajah ceased to be Director on 24 Apr 2019.
AGM
Qai (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Qai (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100473666 was registered on 24 Aug 2021.
Ceased
Allen Joseph Pathmarajah ceased to be Director.
Ceased
Rajiv Kumar Bapna ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100059512 was registered on 04 Nov 2016.
Ceased
Sohan Raj Mohnot ceased to be Director.
Ceased
Shivhari Jamnadhar Agarwal ceased to be Director.
Charges
A charge registered on 25 May 2006 via Charge ID 10005866 with Citi Bank N.A. was fully satisfied on 05 May 2014.
Charges
A charge with Citi Bank N.A. of Rs. 1.70 Cr registered on 25 May 2006 with Charge ID 10005866 was modified on 27 Sep 2012.
Ceased
Vinutha Raju ceased to be Director.
Ceased
Shailesh Vickram Singh ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Qai (India) is an active public limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 03 December 1993 (33+ years old) and is registered under CIN U74899DL1993PLC056293.
Qai (India) has 3 current directors:
- Navyug Mohnot - Whole-Time Director
- Rahul Gupta - Director
- Shivhari Jamnadhar Agarwal - Director
The latest financial statements of Qai (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Qai (India) is 07AAACQ0883C1ZP, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACQ0883C1ZN (Maharashtra), 29AAACQ0883C1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Qai (India) is U74899DL1993PLC056293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qai (India) has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.
Qai (India) was incorporated on 03 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Qai (India) has 17 deals on record (15 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹23.49 Cr; the latest was in January 2021.
Allen Joseph Pathmarajah ceased to be Director on 24 Apr 2019. Rajiv Kumar Bapna ceased to be Director on 11 Dec 2018. Sohan Raj Mohnot ceased to be Director on 04 Oct 2015. Qai (India) has 12 board changes on record in total.
Yes, Qai (India) is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0003013).
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