Tesco Bengaluru Private Limited

Tesco Bengaluru Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2003PTC032530 Incorporated 09 September 2003 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2025
₹2,691.1 Cr
▲ 16% YoY
Net profit · FY 2025
₹323.76 Cr
Net margin 12%
EBITDA · FY 2025
₹483.61 Cr
EBITDA margin 18%
Authorised capital
₹4.3 Cr
Registered with MCA
Paid-up capital
₹2.39 Cr
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
4,432
Provident fund records
Directors on board
5
As per MCA filings

About Tesco Bengaluru Private Limited

Data last updated:

Tesco Bengaluru Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Tesco Holdings B.V. It operates in the business support services segment of the business services sector. It was incorporated on 09 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC032530. Its GSTIN is 29AABCT8915B1ZC (Karnataka).

The company has an authorised share capital of ₹4.3 Cr and a paid-up capital of ₹2.39 Cr. It was formerly known as Tesco Hindustan Service Centre Private Limited and Tesco Global Services Private Limited. It is led by directors including Ramamoorthy Rajagopal and Ramasubramanian Priyadarsanie.

Its last annual general meeting (AGM) was held on 17 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.81&82 Epip White Field Bangalore, Karnataka, India – 560066.

As per the financials filed for FY 2025, the company reported a revenue of ₹2,691.1 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹323.76 Cr (net margin 12%) and EBITDA of ₹483.61 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 21% over five years.

The company has about 4,432 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Tesco Bengaluru. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 8 cases are pending.

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

Company details

CIN U72200KA2003PTC032530
Registration Number 032530
Incorporation Date 09 September 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Tesco Holdings B.V
Compliance Status Active Compliant

Name history

Tesco Bengaluru has undergone 3 name changes throughout its history. The company was previously known as Tesco Hindustan Service Centre Private Limited, Tesco Global Services Private Limited, and Transfleet Global Services Private Limited. The current legal name is Tesco Bengaluru Private Limited.

Company NameStatus
Tesco Bengaluru Private LimitedCurrent
Tesco Hindustan Service Centre Private LimitedPrevious
Tesco Global Services Private LimitedPrevious
Transfleet Global Services Private LimitedPrevious

Contact details

Tesco Bengaluru Private Limited's registered office is in Bangalore, Karnataka. Its website is tescobengaluru.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.81&82 Epip White Field Bangalore, Karnataka, India – 560066
  • Industry
    Business Services, Business Support Services

To see the full contact details of Tesco Bengaluru Private Limited, buy the company report.

Comprehensive company report
Tesco Bengaluru 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Tesco Bengaluru operates one associated brand: Tesco Bengaluru. Each brand links to its own profile.

BrandDescriptionWebsite
Serves as Tesco's offshore arm, providing end-to-end business support services.tescobengaluru.com

Business activity

The main business activity of Tesco Bengaluru is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Tesco Bengaluru Private Limited, buy the company report.

Financials of Tesco Bengaluru Private Limited

FY 2024 filings available

Tesco Bengaluru Private Limited reported revenue of ₹2,691.1 Cr (up 16% YoY) for FY 2025.

Revenue · FY 2025
₹2,691.1 Cr ▲ 16%
Net profit · FY 2025
₹323.76 Cr margin 12%
EBITDA · FY 2025
₹483.61 Cr margin 18%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 17%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 18%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 16% growth in the latest year. EBITDA rose 58% 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₹483.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹323.76 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 Margin18%
Net Profit Margin12%
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 Tesco Bengaluru Private Limited, buy the company report.

Board of directors of Tesco Bengaluru Private Limited

Tesco Bengaluru has 5 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramamoorthy RajagopalDirector17 Jun 20215 Years 4 MonthsCurrent
Ramasubramanian PriyadarsanieDirector24 Apr 20242 Years 5 MonthsCurrent
Somnath BaishyaAdditional Director11 Feb 20251 Years 8 MonthsCurrent
Sumit MitraDirector09 Sep 20251 Years 1 MonthsCurrent
Andrew St Finbarr HenleyDirector09 Sep 20251 Years 1 MonthsCurrent

Peer comparison

Tesco Bengaluru Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Target Corporation India Private Limited₹2,791.3 Cr (FY 2025)18.0%Bangalore, Karnataka, India
Ca (India) Technologies Private Limited₹2,770.93 Cr (FY 2025)32.0%Bangalore, Karnataka, India
Abb Global Industries and Services Private Limited₹2,752.87 Cr (FY 2025)-12.0%Bengaluru, Karnataka, India
Hitachi Systems India Private Limited₹2,724.03 Cr (FY 2025)11.0%New Delhi, Delhi, India
Tesco Bengaluru Private Limitedthis company₹2,691.1 Cr (FY 2025)₹323.76 Cr12%16.0%4,432Bangalore, Karnataka, India
Samsung Data Systems India Private Limited₹2,546.17 Cr (FY 2025)19.0%Delhi, India
Cybage Software Private Limited₹2,535.39 Cr (FY 2025)16.0%Pune, Maharashtra, India

To see the full peer comparison of Tesco Bengaluru Private Limited, buy the company report.

Auditor

Tesco Bengaluru Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W100018

Shareholding

The shareholding of Tesco Bengaluru 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 Tesco Bengaluru Private Limited, buy the company report.

MSME payment delays

Tesco Bengaluru Private Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 288 overdue payments to 68 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 68)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Careator Technologies Private Limited
Tecplix Technologies Private Limited

To see the full MSME payment records of Tesco Bengaluru Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Tesco Bengaluru Private Limited has a workforce of 4,432 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
4,432
Active EPFO establishments
1
Employee growth
11.83%

GST

Tesco Bengaluru has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCT8915B1ZCKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Tesco Bengaluru Private Limited, buy the company report.

Recent activity

Tesco Bengaluru Private Limited has 34 board changes on record since 2007: 6 appointments and 28 cessations. The latest: Andrew St Finbarr Henley was appointed as Director on 09 Sep 2025.

Appointed
Andrew St Finbarr Henley was appointed as Director.
Appointed
Sumit Mitra was appointed as Director.
Ceased
Alison Clare Cheung ceased to be Additional Director.
Appointed
Somnath Baishya was appointed as Additional Director.
Appointed
Alison Clare Cheung was appointed as Additional Director.
AGM
Tesco Bengaluru Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.
Ceased
Ramasubramanian Priyadarsanie ceased to be Additional Director.
Appointed
Ramasubramanian Priyadarsanie was appointed as Director.
Filing
Tesco Bengaluru Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Prakash Mall ceased to be Additional Director.
Ceased
Scott Paul Fitzgerald ceased to be Additional Director.
Ceased
Vidya Laxman ceased to be Director.

25 earlier events are in the company report.

Frequently asked questions

Tesco Bengaluru is an active private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 09 September 2003 (23+ years old) and is registered under CIN U72200KA2003PTC032530.

Tesco Bengaluru has 5 current directors:

The latest financial statements of Tesco Bengaluru on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 17 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Tesco Bengaluru is 29AABCT8915B1ZC, registered in Karnataka.

The CIN (Corporate Identification Number) of Tesco Bengaluru is U72200KA2003PTC032530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tesco Bengaluru has 16 court cases on record: 4 filed by the company and 12 filed against it. 8 are pending. Most are in the district courts.

Tesco Bengaluru was incorporated on 09 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Tesco Bengaluru by revenue are Target Corporation India Private Limited, Ca (India) Technologies Private Limited, Abb Global Industries and Services Private Limited, Hitachi Systems India Private Limited, Samsung Data Systems India Private Limited and 1 more, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Andrew St Finbarr Henley was appointed as Director on 09 Sep 2025. Sumit Mitra was appointed as Director on 09 Sep 2025. Alison Clare Cheung ceased to be Additional Director on 12 May 2025. Tesco Bengaluru has 34 board changes on record in total.

Tesco Bengaluru has 18 MSME Form 1 returns on record between 2019 and 2024, listing 288 overdue payments to 68 micro and small suppliers. The latest return was filed on 01 May 2024.

Tesco Bengaluru can be reached through the website tescobengaluru.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Tesco Bengaluru is at No.81&82 Epip White Field Bangalore, Karnataka, India – 560066.