MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0012238
Source Fuse Technologies India Pvt. Ltd - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹121.71 Cr
▲ 28% YoY
Net profit · FY 2024
₹1.11 Cr
Net margin 0.9%
EBITDA · FY 2024
₹3.35 Cr
EBITDA margin 2.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹16.83 Lakh
Issued & subscribed
Open charges
₹23.95 Cr
Satisfied ₹7.15 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
518
Provident fund records
About Source Fuse Technologies India Pvt. Ltd
Data last updated:
Source Fuse Technologies India Pvt. Ltd is a private limited company based in Delhi, India, a subsidiary of Source Fuse Inc (Holding Company). It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72901DL2006PTC148620. Its GSTIN is 07AAJCS9573J2ZL (Delhi). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.83 Lakh. It is led by directors including Chander Naugain Mohan and Gautam Ghai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 1/H – 3 Mohan Co – Operative Industrial Area Mathura Road New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2024, the company reported a revenue of ₹121.71 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 0.9%) and EBITDA of ₹3.35 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 47% over five years.
The company has about 518 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SourceFuse. As per MCA filings, the company has open charges of ₹23.95 Cr and satisfied charges of ₹7.15 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.9 Lakh; the latest was in March 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 33 overdue payments to 11 micro and small suppliers.
Source Fuse Technologies India Pvt. Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0012238). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sourcefuse.com.
Company details
CIN U72901DL2006PTC148620
Registration Number 148620
Incorporation Date 04 May 2006
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Source Fuse Inc (Holding Company)
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0012238
Recognitions & Rankings of Source Fuse Technologies India
Contact details
Source Fuse Technologies India Pvt. Ltd's registered office is in Delhi, Delhi. Its website is sourcefuse.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 1/H – 3 Mohan Co – Operative Industrial Area Mathura Road New Delhi, Delhi, India – 110044
- IndustryInformation Technology, IT Consulting & Support Services, Web Design & Maintenance Services
To see the full contact details of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Comprehensive company report
Source Fuse Technologies India Pvt. Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Source Fuse Technologies India operates one associated brand: SourceFuse. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers design and development services for custom software applications. | sourcefuse.com |
Business activity
The main business activity of Source Fuse Technologies India is information and communication. In detail, this covers data processing, hosting and related activities; web portal and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Financials of Source Fuse Technologies India Pvt. Ltd
FY 2024 filings availableSource Fuse Technologies India Pvt. Ltd reported revenue of ₹121.71 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹121.71 Cr ▲ 28%
Net profit · FY 2024
₹1.11 Cr margin 0.9%
EBITDA · FY 2024
₹3.35 Cr margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 57%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 2%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 28% growth in the latest year. EBITDA fell 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Source Fuse Technologies India Pvt. Ltd, buy the company report.
Board of directors of Source Fuse Technologies India Pvt. Ltd
Source Fuse Technologies India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chander Naugain Mohan Also directs: Ha Ha Foodworks Private Limited | Director | 15 Oct 2010 | 16 Years 0 Months | Current |
| Gautam Ghai Also directs: Price Comparison Webtech LLP, Ha Ha Foodworks Private Limited, Cloud Converge Technologies Private Limited and 1 more | Director | 04 May 2006 | 20 Years 5 Months | Current |
| Kabir Singh Chandhoke Also directs: Price Comparison Webtech LLP, Chandhok and Associates Pvt Ltd | Director | 29 Feb 2012 | 14 Years 7 Months | Current |
Auditor
Source Fuse Technologies India Pvt. Ltd is audited by Nath Ahuja & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nath Ahuja & Co. | FY 2023 | 001083N |
Shareholding
The shareholding of Source Fuse Technologies India Pvt. Ltd 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Charges & borrowings
Open charges
₹23.95 Cr
Satisfied charges
₹7.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2024 | 100940282 | Others | ₹2 Cr | Open | |
| 30 Nov 2023 | 100832331 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.95 Cr | Open | |
| 22 Nov 2023 | 100832301 | The Hongkong and Shanghai Banking Corporation Limited | ₹17 Cr | Open | |
| 31 Jul 2023 | 100768739 | Others | ₹20 Lakh | Satisfied | |
| 09 Mar 2023 | 100692403 | Axis Bank Limited | ₹4.95 Cr | Satisfied |
To see the full charge records of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Source Fuse Technologies India Pvt. Ltd has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.9 Lakh; the latest was in March 2023.
Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹60.9 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2014 | Funding round | ₹52.4 Lakh | Investors: Source Fuse LLC |
To see the full deal history of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Source Fuse Technologies India Pvt. Ltd has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Synapseindia Outsourcing Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Synapseindia Outsourcing Pvt Ltd | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Source Fuse Technologies India Pvt. Ltd, 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
Source Fuse Technologies India Pvt. Ltd has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 33 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Beycomp Electronics Private Limited | |||
| Cloud Converge Technologies Private Limited | |||
| Instaveritas India Private Limited | |||
| Tekonika | |||
| Mydbops LLP |
To see the full MSME payment records of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Source Fuse Technologies India Pvt. Ltd has a workforce of 518 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
Employee count
518
Active EPFO establishments
2
Employee growth
16.4%
GST
Source Fuse Technologies India has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCS9573J2ZL | Delhi | Active | 03 May 2024 |
| 03AAJCS9573J1ZU | Punjab | Active | 01 Jul 2017 |
| 09AAJCS9573J1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
| 02AAJCS9573J1ZW | Himachal Pradesh | Active | 20 May 2024 |
To see the full GST registrations and return filing status of Source Fuse Technologies India Pvt. Ltd, buy the company report.
Recent activity
Source Fuse Technologies India Pvt. Ltd has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Gauri Singh ceased to be Director on 10 Feb 2023.
AGM
Source Fuse Technologies India Pvt. Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1,700.00 Lakh registered on 22 Nov 2023 with Charge ID 100832301 was modified on 13 Mar 2025.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100940282 was registered on 13 Jun 2024.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100768739 with Others was fully satisfied on 09 May 2024.
Filing
Source Fuse Technologies India Pvt. Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 09 Mar 2023 via Charge ID 100692403 with Axis Bank Limited was fully satisfied on 22 Feb 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 495.00 Lakh with Charge ID 100832331 was registered on 30 Nov 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1,700.00 Lakh with Charge ID 100832301 was registered on 22 Nov 2023.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100768739 was registered on 31 Jul 2023.
Charges
A charge with Axis Bank Limited of Rs. 495.00 Lakh registered on 09 Mar 2023 with Charge ID 100692403 was modified on 28 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 495.00 Lakh with Charge ID 100692403 was registered on 09 Mar 2023.
Ceased
Gauri Singh ceased to be Director.
9 earlier events are in the company report.
News
Frequently asked questions
Source Fuse Technologies India is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 May 2006 (20+ years old) and is registered under CIN U72901DL2006PTC148620.
Source Fuse Technologies India has 3 current directors:
- Chander Naugain Mohan - Director
- Gautam Ghai - Director
- Kabir Singh Chandhoke - Director
The latest financial statements of Source Fuse Technologies India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Source Fuse Technologies India is 07AAJCS9573J2ZL, registered in Delhi. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAJCS9573J1ZU (Punjab), 09AAJCS9573J1ZI (Uttar Pradesh), 02AAJCS9573J1ZW (Himachal Pradesh).
The CIN (Corporate Identification Number) of Source Fuse Technologies India is U72901DL2006PTC148620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Source Fuse Technologies India has 3 court cases on record: 3 filed against it. 1 is pending.
Source Fuse Technologies India was incorporated on 04 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Source Fuse Technologies India has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.9 Lakh; the latest was in March 2023.
Gauri Singh ceased to be Director on 10 Feb 2023. Ram Mohan Chandran Kanjur Manakal ceased to be Director on 05 Apr 2013. Gautam Ghai ceased to be Director on 07 Sep 2012. Source Fuse Technologies India has 7 board changes on record in total.
Yes, Source Fuse Technologies India is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0012238).
Source Fuse Technologies India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 33 overdue payments to 11 micro and small suppliers. The latest return was filed on 23 Apr 2024.