Qinecsa Solutions India Private Limited

Qinecsa Solutions India Private Limited - business outsourcing in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2008FTC048542 Incorporated 08 December 2008 ROC Bangalore HQ Mysore, Karnataka, India
Active Foreign Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹165.89 Cr
▼ 13% YoY
Net profit · FY 2025
₹26.84 Cr
Net margin 16.2%
EBITDA · FY 2025
₹39.48 Cr
EBITDA margin 23.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
1,317
Provident fund records
Directors on board
4
As per MCA filings

About Qinecsa Solutions India Private Limited

Data last updated:

Qinecsa Solutions India Private Limited is a foreign private limited company based in Mysore, Karnataka, India, a subsidiary of Qinecsa Solutions Group, Llc. It operates in the business process outsourcing sector. It was incorporated on 08 December 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008FTC048542. Its GSTIN is 29AAMCS5965M1ZB (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bioclinica India Private Limited and Synowledge India Private Limited. It is led by directors including Mahesh Sreenivasa Prabhu and Nagaraj Muniswamy.

Its last annual general meeting (AGM) was held on 25 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Silver Spirit Tech Park No 317(P) (Pii) 318 Hebbal Industrial Area, Mysore, Karnataka, India – 570016.

As per the financials filed for FY 2025, the company reported a revenue of ₹165.89 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹26.84 Cr (net margin 16.2%) and EBITDA of ₹39.48 Cr (EBITDA margin 23.8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 2% over five years.

The company has about 1,317 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Clario and Qinecsa. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qinecsa.com.

Company details

CIN U72200KA2008FTC048542
Registration Number 048542
Incorporation Date 08 December 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 October 2024
Date of Balance Sheet 31 March 2024
Parent Company Qinecsa Solutions Group, Llc
Compliance Status Active Compliant

Name history

Qinecsa Solutions India has undergone 5 name changes throughout its history. The current legal name is Qinecsa Solutions India Private Limited.

Company NameStatus
Qinecsa Solutions India Private LimitedCurrent
Bioclinica India Private LimitedPrevious
Synowledge India Private LimitedPrevious
Synowledge Pv Services India Private LimitedPrevious
Bioclinica Services India Private LimitedPrevious
Bioclinica Solutions India Private LimitedPrevious

Contact details

Qinecsa Solutions India Private Limited's registered office is in Mysore, Karnataka. Its website is qinecsa.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Silver Spirit Tech Park No 317(P) (Pii) 318 Hebbal Industrial Area, Mysore, Karnataka, India – 570016
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Qinecsa Solutions India Private Limited, buy the company report.

Comprehensive company report
Qinecsa Solutions India Private 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

Qinecsa Solutions India operates two associated brands: Clario and Qinecsa. Each brand links to its own profile.

BrandDescriptionWebsite
CRO focused on providing clinical trial supply services for biopharma sectorclario.com
Provides pharmacovigilance technology and services for drug safety management globally.qinecsa.com

Business activity

The main business activity of Qinecsa Solutions India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Qinecsa Solutions India Private Limited, buy the company report.

Financials of Qinecsa Solutions India Private Limited

FY 2024 filings available

Qinecsa Solutions India Private Limited reported revenue of ₹165.89 Cr (down 13% YoY) for FY 2025.

Revenue · FY 2025
₹165.89 Cr ▼ 13%
Net profit · FY 2025
₹26.84 Cr margin 16.2%
EBITDA · FY 2025
₹39.48 Cr margin 23.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 23%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 30%
5 years · compounded
▼ 3%

Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 13% fall 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹39.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.84 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.8%
Net Profit Margin16.2%
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 Qinecsa Solutions India Private Limited, buy the company report.

Board of directors of Qinecsa Solutions India Private Limited

Qinecsa Solutions India has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahesh Sreenivasa PrabhuDirector12 Mar 20224 Years 7 MonthsCurrent
Nagaraj MuniswamyDirector24 May 20233 Years 5 MonthsCurrent
Humaira Aftab QureshiDirector12 Mar 20224 Years 7 MonthsCurrent
Adam SherlockAdditional Director04 Nov 20250 Years 11 MonthsCurrent

Auditor

Qinecsa Solutions India Private Limited is audited by Suresh Surana and Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Suresh Surana and Associates LLPFY 2023121750W/W-100010

Shareholding

The shareholding of Qinecsa Solutions India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Qinecsa Solutions India Private Limited, buy the company report.

MSME payment delays

Qinecsa Solutions India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 18 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
Global Management
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Qinecsa Solutions India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Qinecsa Solutions India Private Limited has a workforce of 1,317 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
1,317
Active EPFO establishments
1
Employee growth
-40.33%

GST

Qinecsa Solutions India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAMCS5965M1ZBKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Qinecsa Solutions India Private Limited, buy the company report.

Recent activity

Qinecsa Solutions India Private Limited has 25 board changes on record since 2015: 4 appointments and 21 cessations. The latest: Adam Sherlock was appointed as Additional Director on 04 Nov 2025.

Appointed
Adam Sherlock was appointed as Additional Director.
AGM
Qinecsa Solutions India Private Limited last Annual general meeting of members was held on 25 Oct 2024 as per latest MCA records.
Filing
Qinecsa Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Nagaraj Muniswamy ceased to be Additional Director.
Appointed
Nagaraj Muniswamy was appointed as Director.
Ceased
Humaira Aftab Qureshi ceased to be Additional Director.
Ceased
Mahesh Sreenivasa Prabhu ceased to be Additional Director.
Ceased
Maureen Ann Waters ceased to be Director.
Appointed
Humaira Aftab Qureshi was appointed as Director.
Appointed
Mahesh Sreenivasa Prabhu was appointed as Director.
Ceased
Charles R Bodner ceased to be Director.
Ceased
Christopher Paul Orlando ceased to be Director.

16 earlier events are in the company report.

Frequently asked questions

Qinecsa Solutions India is an active foreign private limited company based in Mysore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 08 December 2008 (18+ years old) and is registered under CIN U72200KA2008FTC048542.

Qinecsa Solutions India has 4 current directors:

The latest financial statements of Qinecsa Solutions India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 October 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Qinecsa Solutions India is 29AAMCS5965M1ZB, registered in Karnataka.

The CIN (Corporate Identification Number) of Qinecsa Solutions India is U72200KA2008FTC048542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qinecsa Solutions India has 1 court case on record: 1 filed by the company.

Qinecsa Solutions India was incorporated on 08 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Adam Sherlock was appointed as Additional Director on 04 Nov 2025. Nagaraj Muniswamy ceased to be Additional Director on 29 Sep 2023. Nagaraj Muniswamy was appointed as Director on 24 May 2023. Qinecsa Solutions India has 25 board changes on record in total.

Qinecsa Solutions India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 18 overdue payments to 8 micro and small suppliers. The latest return was filed on 26 Apr 2022.

Qinecsa Solutions India can be reached through the website qinecsa.com. Its registered office is in Mysore, Karnataka, India.

The registered office of Qinecsa Solutions India is at Silver Spirit Tech Park No 317P Pii 318 Hebbal Industrial Area, Mysore, Karnataka, India – 570016.