DPIIT recognised startup Government of India
Startup India
Refactor Academy Private Limited
Refactor Academy Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.71 Cr
▲ 300% YoY
Net loss · FY 2024
₹6.36 Lakh
Net margin -1.3%
EBITDA · FY 2024
-₹4.44 Lakh
EBITDA margin -0.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
35
Provident fund records
Directors on board
3
As per MCA filings
About Refactor Academy Private Limited
Data last updated:
Refactor Academy Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80903KA2022PTC160025.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Arjun Chakraborti and Urvi Surendra Babla.
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 3274/A 11th Main Hal II Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.36 Lakh (net margin -1.3%) and EBITDA of -₹4.44 Lakh (EBITDA margin -0.9%).
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Skill IQ and Refactor Academy.
Refactor Academy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0168669).
Company Details of Refactor Academy Private Limited
CIN U80903KA2022PTC160025
Registration Number 160025
Incorporation Date 13 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0168669
Recognitions & Rankings of Refactor Academy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0168669
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3274/A 11th Main Hal II Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Associated Brands with Refactor Academy Private Limited
Refactor Academy operates two associated brands: Skill IQ and Refactor Academy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI platform for automating interviews, evaluations, and candidate matching. | skilliq.co | |
| Tech education and hiring services in India. | refactor.academy |
Business Activity of Refactor Academy Private Limited
The main business activity of Refactor Academy is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Refactor Academy Private Limited FY 2025 filings available
Refactor Academy Private Limited reported revenue of ₹4.71 Cr (up 300% YoY) for FY 2024.
Revenue · FY 2024
₹4.71 Cr ▲ 300%
Net loss · FY 2024
₹6.36 Lakh margin -1.3%
EBITDA · FY 2024
-₹4.44 Lakh margin -0.9%
Compounded Annual Growth Rate (CAGR) of Refactor Academy Private Limited
Revenue CAGR growth
1 year
▲ 300%
EBITDA CAGR growth
1 year
▲ 96%
Revenue rose 300% in the latest year. EBITDA rose 96% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Refactor Academy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹4.44 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹6.36 Lakh | •••• |
| 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 Refactor Academy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.9% | •••• |
| Net Profit Margin | -1.3% | •••• |
| 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 Refactor Academy are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Refactor Academy Private Limited
Refactor Academy has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Chakraborti Also directs: Fintech Infosystems Private Limited | Director | 06 Mar 2023 | 3 Years 7 Months | Current |
| Urvi Surendra Babla | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Abhi Chakraborti | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
Peer Comparison of Refactor Academy Private Limited
Refactor Academy Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Super India HR Solutions Private Limited | ₹4.72 Cr (FY 2018) | •••• | •••• | -43.0% | •••• | Rudrapur, Uttarakhand, India |
| Chaitanya Bahuuddeshiya Sanstha | ₹4.72 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Nagpur, Maharashtra, India |
| Touche Golf Sports Private Limited | ₹4.72 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Bangalore, Karnataka, India |
| Ethiraj Associates Private Limited | ₹4.72 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Hosur, Tamil Nadu, India |
| Blue Decimal Technologies Private Limited | ₹4.71 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Hyderabad, Telangana, India |
| Refactor Academy Private Limited this company | ₹4.71 Cr (FY 2024) | •••• | •••• | 300.0% | •••• | Bangalore, Karnataka, India |
| JVG Management Consulting Private Limited | ₹4.71 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Hyderabad, Telangana, India |
| I-Saksham Education and Learning Foundation | ₹4.71 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Lajpat Nagar Iii, Delhi, India |
| Maac International Facility Management Private Limited | ₹4.71 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Meritus AI Learning Experiences Private Limited | ₹4.71 Cr (FY 2024) | •••• | •••• | 293.0% | •••• | Chennai, Tamil Nadu, India |
| Unnati Traffic & Surveillance Solutions Private Limited | ₹4.7 Cr (FY 2018) | •••• | •••• | 23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Refactor Academy by revenue in the Education industry (Corporate and Commercial Training, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Refactor Academy Private Limited
Refactor Academy Private Limited is audited by DUTTASARKAR&CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DUTTASARKAR&CO. | Locked | Locked | Locked |
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Ownership and Shareholding of Refactor Academy Private Limited
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Charges & Borrowings of Refactor Academy Private Limited
Refactor Academy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Refactor Academy Private Limited
Employment history and EPFO contributions of people linked to Refactor Academy.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Refactor Academy Private Limited
Refactor Academy Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Arjun Chakraborti ceased to be Additional Director on 28 Dec 2023.
AGM
Refactor Academy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Refactor Academy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Arjun Chakraborti ceased to be Additional Director.
Appointed
Arjun Chakraborti was appointed as Director.
Appointed
Abhi Chakraborti was appointed as Director.
Appointed
Urvi Surendra Babla was appointed as Director.
Incorporation
13 Apr 2022
Refactor Academy Private Limited was registered on 13 Apr 2022 with Roc Bangalore & aged 4 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Refactor Academy Private Limited
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MSME Payment Delays by Refactor Academy Private Limited
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Subsidiaries & Group Companies of Refactor Academy Private Limited
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GST Compliance of Refactor Academy Private Limited
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MCA Filings & Documents of Refactor Academy Private Limited
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Frequently Asked Questions about Refactor Academy Private Limited
Refactor Academy is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 April 2022 (4+ years old) and is registered under CIN U80903KA2022PTC160025.
Refactor Academy reported revenue of ₹4.71 Cr for FY 2024 (up 300% YoY).
Refactor Academy has 3 current directors:
- Arjun Chakraborti - Director
- Urvi Surendra Babla - Director
- Abhi Chakraborti - Director
Refactor Academy reported a net loss of ₹6.36 Lakh (net margin -1.3%) and EBITDA of -₹4.44 Lakh (EBITDA margin -0.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Refactor Academy is U80903KA2022PTC160025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Refactor Academy was incorporated on 13 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Refactor Academy by revenue are Super India HR Solutions Private Limited, Chaitanya Bahuuddeshiya Sanstha, Touche Golf Sports Private Limited, Ethiraj Associates Private Limited, Blue Decimal Technologies Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training, HR Outsourcing).
Arjun Chakraborti ceased to be Additional Director on 28 Dec 2023. Arjun Chakraborti was appointed as Director on 06 Mar 2023. Abhi Chakraborti was appointed as Director on 13 Apr 2022. Refactor Academy has 4 board changes on record in total.
Yes, Refactor Academy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Refactor Academy is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0168669).
The registered office of Refactor Academy is at 3274A 11th Main Hal II Stage Indiranagar, Bangalore, Karnataka, India – 560038.