Sphera India Private Limited

Sphera India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U93090MH2016FTC286599 Incorporated 06 October 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹95.8 Cr
▲ 4% YoY
Net profit · FY 2025
₹17.9 Cr
Net margin 18.7%
EBITDA · FY 2025
₹26.19 Cr
EBITDA margin 27.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
268
Provident fund records
Directors on board
3
As per MCA filings

About Sphera India Private Limited

Data last updated:

Sphera India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sphera Solutions Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 October 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2016FTC286599. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kaushik Narendra Shahukar and James Vincent Pieper.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹95.8 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹17.9 Cr (net margin 18.7%) and EBITDA of ₹26.19 Cr (EBITDA margin 27.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.

The company has about 268 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: ThermaSphera and Sphera Solutions.

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

Company Details of Sphera India Private Limited
CIN U93090MH2016FTC286599
Registration Number 286599
Incorporation Date 06 October 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sphera Solutions Inc
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    56/57 Floor 5th Plot 228 Mittal Chamber Barrister Rajani Patel Marg Nariman Poi, Nt, Mumbai, Maharashtra, India – 400021
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Sphera India Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Associated Brands with Sphera India Private Limited

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

BrandDescriptionWebsite
ThermaSphera develops hydro-pneumatic energy storage systems for industrial applications.thermasphera.com
Cloud-based QEHS and operational risk software is provided.sphera.com

Competitors & Alternatives of Sphera India Private Limited

Brands and companies operating in the same space as Sphera India Private Limited include SafetyCulture, AlertMedia, Intelex and 7 more.

CompetitorDescriptionLocationFounded
SafetyCulture SafetyCulture Digital workplace safety tools for inspections and audits are provided.Surry Hills, Australia2004
AlertMedia AlertMedia Cloud based emergency communication software for businessesAustin, United States2013
Intelex Intelex EHS and quality management software is provided for manufacturing.Toronto, Canada1992
Sunamp Sunamp Manufacturer of compact thermal energy storage solutionsEdinburgh, United Kingdom2006
Urbint Urbint AI-driven urban datasets and analysis tools are offered by Urbint.New York, United States2015
Antora Antora Manufacturer of thermal batterySunnyvale, United States2018
Vector Solutions Vector Solutions Online courses are delivered for commercial, education, and public sectors.Tampa, United States1999
Electrified Thermal Electrified Thermal Novel heat batteries are developed for industrial energy storage.Medford, United States2021
Rondo Energy Rondo Energy Zero-emission heat solutions for industrial applications are provided.Alameda, United States2020
Fourth Power Fourth Power Utility-scale thermal storage for grid energy is developed.Cambridge, United States2021

Business Activity of Sphera India Private Limited

The main business activity of Sphera India is professional, scientific and technical. In detail, this covers management consultancy activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM3Management consultancy activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Sphera India Private Limited

Sphera India Private Limited is audited by P R Gandhi & Co LLP for the financial year 2022.

NameStatusAppointment DateCessation Date
P R Gandhi & Co LLPLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Sphera India Private Limited

Sphera India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kaushik Narendra ShahukarDirector06 Oct 201610 Years 0 MonthsCurrent
James Vincent PieperDirector16 May 20224 Years 4 MonthsCurrent
Michelle Aleene BelewAdditional Director26 Mar 20251 Years 6 MonthsCurrent

Financials of Sphera India Private Limited FY 2025 filings available

Sphera India Private Limited reported revenue of ₹95.8 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹95.8 Cr ▲ 4%
Net profit · FY 2025
₹17.9 Cr margin 18.7%
EBITDA · FY 2025
₹26.19 Cr margin 27.3%

Compounded Annual Growth Rate (CAGR) of Sphera India Private Limited

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 24%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 40%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 4% growth in the latest year. EBITDA rose 53% 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 of Sphera India Private Limited

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₹26.19 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹17.9 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 of Sphera India Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin27.3%••••••••••••••••
Net Profit Margin18.7%••••••••••••••••
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 Sphera India are in the company report.

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Financial statements from FY 2017

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Ownership and Shareholding of Sphera India Private Limited

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Group Structure of Sphera India Private Limited

Sphera India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Thinkstep Sustainability Solutions Private LimitedU72200MH2009PTC306876Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Sphera India Private Limited

Sphera India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Sphera India Private Limited

Sphera India Private Limited has a workforce of 268 employees as of Apr 09, 2024.

Employee count
268
Active EPFO establishments
1
Employee growth
14.53%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Sphera India Private Limited

Sphera India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Sphera India Private Limited

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MSME Payment Delays by Sphera India Private Limited

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Subsidiaries & Group Companies of Sphera India Private Limited

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MCA Filings & Documents of Sphera India Private Limited

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Recent Activity on Sphera India Private Limited

Activity
30 Sep 2025
Sphera India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Sphera India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
26 Mar 2025
Michelle Aleene Belew was appointed as a Additional Director on 26 Mar 2025 & has been associated with this company since 1 year 6 months.
Directors
16 May 2022
James Vincent Pieper was appointed as a Director on 16 May 2022 & has been associated with this company since 4 years 4 months.
Directors
06 Oct 2016
Kaushik Narendra Shahukar was appointed as a Director on 06 Oct 2016 & has been associated with this company since 10 years.
Activity
06 Oct 2016
Sphera India Private Limited was registered on 06 Oct 2016 with Roc Mumbai & aged 10 years as per MCA records.

Frequently Asked Questions about Sphera India Private Limited

Sphera India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 October 2016 (10+ years old) and is registered under CIN U93090MH2016FTC286599.

Sphera India reported revenue of ₹95.8 Cr for FY 2025 (up 4% YoY).

Sphera India has 3 current directors:

Sphera India reported a net profit of ₹17.9 Cr (net margin 18.7%) and EBITDA of ₹26.19 Cr (EBITDA margin 27.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Sphera India is 24% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.

No. Sphera India has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Sphera India is U93090MH2016FTC286599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sphera India was incorporated on 06 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Sphera India can be reached through the website sphera.com. Its registered office is in Mumbai, Maharashtra, India.

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