
About Qualitest India Private Limited
Data last updated:
Qualitest India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Quantum Holding Uk Bidco Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2008PTC047411. Its GSTIN is 29AADCT0008K1ZF (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.87 Lakh. It was formerly known as Tcl Software Testing India Private Limited. It is led by directors including Mathai Mathew and Palaniselvan Sababathy.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12th Floor B Wing M2 Block Manyata Embassy Business Park, Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹315.92 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹25.98 Cr (net margin 8.2%) and EBITDA of ₹39.14 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 25% over five years.
The company has about 1,707 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹67.67 Cr; the latest was in February 2021. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 2 smaller; the largest is Dish Network Technologies India Private Limited with revenue of ₹323.36 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualitestgroup.com.
Company details
Contact details
Qualitest India Private Limited's registered office is in Bengaluru, Karnataka. Its website is qualitestgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12th Floor B Wing M2 Block Manyata Embassy Business Park Hebbal Outer Ring Road N, Agawara, Bengaluru, Karnataka, India – 560045
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Qualitest India 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
Business activity
The main business activity of Qualitest India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Qualitest India Private Limited, buy the company report.
Financials of Qualitest India Private Limited
FY 2025 filings availableQualitest India Private Limited reported revenue of ₹315.92 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 7% growth in the latest year. EBITDA rose 13% 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 | ₹39.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.98 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 Qualitest India Private Limited, buy the company report.
Board of directors of Qualitest India Private Limited
Qualitest India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathai Mathew | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| James Benjamin Feller | Additional Director | 08 Jan 2026 | 0 Years 9 Months | Current |
| Palaniselvan Sababathy | Director | 19 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Qualitest India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dish Network Technologies India Private Limited | ₹323.36 Cr (FY 2025) | 1.0% | Bengaluru, Karnataka, India | |||
| Qualitest India Private Limitedthis company | ₹315.92 Cr (FY 2025) | ₹25.98 Cr | 8.2% | 7.0% | 1,707 | Bengaluru, Karnataka, India |
| Bridgenext India Private Limited | ₹314.63 Cr (FY 2025) | 15.0% | Pune, Maharashtra, India | |||
| Algonomy Software Private Limited | ₹310.23 Cr (FY 2025) | -10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Qualitest India Private Limited, buy the company report.
Auditor
Qualitest India Private Limited is audited by H N S Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H N S Rao & Co | FY 2023 | 003129S |
Shareholding
The shareholding of Qualitest 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qualitest India Private Limited, buy the company report.
Deals & funding
Qualitest India Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹67.67 Cr; the latest was in February 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Funding round | ₹67.67 Cr | Investors: Quantum Holding Uk Bidco Limited |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Jupiter Holdco Limited UK Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Jupiter Holdco Limited UK Seller: an individual |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: TCL Group Limited, an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Qualitest India Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (REF) | Filed against the company by an individual | Pending |
| District court, Sundargarh, Orissa | Civil suit | Filed against the company by an individual | Pending |
| District court, Sundargarh, Odisha | Appeal | Filed against the company | Disposed |
| District court, Sundargarh, Orissa | Court case (interlocatury applic) | Filed against the company by an individual | Disposed |
To see the full case history of Qualitest India Private 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
Qualitest India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Primus Global Technologies Private Limited |
To see the full MSME payment records of Qualitest India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Qualitest India Private Limited has a workforce of 1,707 employees on its EPFO records as of Oct 08, 2024, across 1 active EPFO establishment.
GST
Qualitest India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCT0008K1ZF | Karnataka | Active | 01 Jul 2017 |
| 29AADCT0008K2ZE | Karnataka | Active | 01 Jul 2017 |
| 33AADCT0008K1ZQ | Tamil Nadu | Active | 08 Aug 2022 |
To see the full GST registrations and return filing status of Qualitest India Private Limited, buy the company report.
Recent activity
Qualitest India Private Limited has 33 board changes on record since 2008: 18 appointments and 15 cessations. The latest: James Benjamin Feller was appointed as Additional Director on 08 Jan 2026.
24 earlier events are in the company report.
Frequently asked questions
Qualitest India is an active 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 12 August 2008 (18+ years old) and is registered under CIN U72900KA2008PTC047411.
Qualitest India has 3 current directors:
- Mathai Mathew - Director
- James Benjamin Feller - Additional Director
- Palaniselvan Sababathy - Director
The latest financial statements of Qualitest India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Qualitest India is 29AADCT0008K1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AADCT0008K2ZE (Karnataka), 33AADCT0008K1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Qualitest India is U72900KA2008PTC047411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qualitest India has 4 court cases on record: 4 filed against it. 2 are pending.
Qualitest India was incorporated on 12 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Qualitest India has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹67.67 Cr; the latest was in February 2021.
The peers of Qualitest India by revenue are Dish Network Technologies India Private Limited, Bridgenext India Private Limited, Algonomy Software Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
James Benjamin Feller was appointed as Additional Director on 08 Jan 2026. Wilmot Christopher John ceased to be Director on 18 Jul 2025. Rajesh Subramony ceased to be Director on 10 Feb 2025. Qualitest India has 33 board changes on record in total.
Qualitest India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 10 Jun 2019.
Qualitest India can be reached through the website qualitestgroup.com. Its registered office is in Bengaluru, Karnataka, India.