MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0117795
Topsource Infotech Solutions Private Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.76 Cr
▲ 161% YoY
Net profit · FY 2025
₹2.9 Cr
Net margin 2.8%
EBITDA · FY 2025
₹7.04 Cr
EBITDA margin 6.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
323
Provident fund records
Directors on board
4
As per MCA filings
About Topsource Infotech Solutions Private Limited
Data last updated:
Topsource Infotech Solutions Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Topsource Worldwide (Uk) Ltd (Formerly Known As Topsource Global Solutions Limited). It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 20 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2003FTC017797. Its GSTIN is 27AABCT8867A1Z7 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including William Wallace Hastings and Sunil Waman Bane.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.9 Cr (net margin 2.8%) and EBITDA of ₹7.04 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 23% over five years.
The company has about 323 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Topsource Infotech Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0117795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website topsourceworldwide.com.
Company details
CIN U72200PN2003FTC017797
Registration Number 017797
Incorporation Date 20 March 2003
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Topsource Worldwide (Uk) Ltd (Formerly Known As Topsource Global Solutions Limited)
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0117795
CIN history
Topsource Infotech Solutions has one previous CIN (Corporate Identification Number): U72200PN2003PTC017797. The current CIN is U72200PN2003FTC017797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200PN2003FTC017797 | Current |
| U72200PN2003PTC017797 | Previous |
Key People
William Wallace Hastings Director Sunil Waman Bane Director Bryan Nicholas Davies Director Recognitions & Rankings of Topsource Infotech Solutions
Contact details
Topsource Infotech Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is topsourceworldwide.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Raheja Woods Bldg. No. 4, Riverside West Avenue Kalyani Nagar, Pune, Maharashtra, India – 411006
- IndustryBusiness Outsourcing, Accounting and Financial Analysis, HR Outsourcing & Talent Management
To see the full contact details of Topsource Infotech Solutions Private Limited, buy the company report.
Comprehensive company report
Topsource Infotech Solutions 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
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Business activity
The main business activities of Topsource Infotech Solutions are information and communication and professional, scientific and technical. In detail, this covers computer programming, consultancy and related activities and accounting, book keeping and auditing activities, tax consultancy. 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 | J6 | Computer programming, consultancy and related activities | |
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Topsource Infotech Solutions Private Limited, buy the company report.
Financials of Topsource Infotech Solutions Private Limited
FY 2025 filings availableTopsource Infotech Solutions Private Limited reported revenue of ₹104.76 Cr (up 161% YoY) for FY 2025.
Revenue · FY 2025
₹104.76 Cr ▲ 161%
Net profit · FY 2025
₹2.9 Cr margin 2.8%
EBITDA · FY 2025
₹7.04 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 161%
3 years · compounded
▲ 70%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 13%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 161% growth in the latest year. EBITDA rose 19% 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 |
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| EBITDA | ₹7.04 Cr | ||||
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| Net Profit (PAT) | ₹2.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Topsource Infotech Solutions Private Limited, buy the company report.
Board of directors of Topsource Infotech Solutions Private Limited
Topsource Infotech Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| William Wallace Hastings | Director | 01 Nov 2003 | 22 Years 11 Months | Current |
| Sunil Waman Bane | Director | 24 Jul 2024 | 2 Years 3 Months | Current |
| Bryan Nicholas Davies | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Sachin Bharat Disa | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
Auditor
Topsource Infotech Solutions Private Limited is audited by KIRTANE & PANDIT LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRTANE & PANDIT LLP | FY 2023 | 105215W/W100057 |
Shareholding
The shareholding of Topsource Infotech Solutions 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 Topsource Infotech Solutions Private Limited, buy the company report.
Legal cases
Topsource Infotech Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
To see the full case history of Topsource Infotech Solutions 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
Topsource Infotech Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 28 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Valioso Advisory Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Topsource Infotech Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Topsource Infotech Solutions 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 Name | CIN | Shares held |
|---|---|---|
| Topsource Support Services Private Limited | U93000PN2014PTC150131 |
To see the full group structure of Topsource Infotech Solutions Private Limited, buy the company report.
Employees & EPFO
Topsource Infotech Solutions Private Limited has a workforce of 323 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
323
Active EPFO establishments
1
Employee growth
31.84%
GST
Topsource Infotech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT8867A1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Topsource Infotech Solutions Private Limited, buy the company report.
Recent activity
Topsource Infotech Solutions Private Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Sunil Waman Bane was appointed as Director on 24 Jul 2024.
AGM
Topsource Infotech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Topsource Infotech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Sunil Waman Bane was appointed as Director.
Ceased
Bryan Nicholas Davies ceased to be Additional Director.
Ceased
Sachin Bharat Disa ceased to be Additional Director.
Ceased
Sunil Waman Bane ceased to be Director.
Ceased
Utpala Pandurang Joshi ceased to be Alternate Director.
Appointed
Bryan Nicholas Davies was appointed as Director.
Appointed
Sachin Bharat Disa was appointed as Director.
Ceased
Murali Raghavchari Santhanam ceased to be Director.
Appointed
William Wallace Hastings was appointed as Director.
Incorporation
20 Mar 2003
Topsource Infotech Solutions Private Limited was registered on 20 Mar 2003 with Roc Pune & aged 23 years 7 months as per MCA records.
News
Frequently asked questions
Topsource Infotech Solutions is an active foreign private limited company based in Pune, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 20 March 2003 (23+ years old) and is registered under CIN U72200PN2003FTC017797.
Topsource Infotech Solutions has 4 current directors:
- William Wallace Hastings - Director
- Sunil Waman Bane - Director
- Bryan Nicholas Davies - Director
- Sachin Bharat Disa - Director
The latest financial statements of Topsource Infotech Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Topsource Infotech Solutions is 27AABCT8867A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Topsource Infotech Solutions is U72200PN2003FTC017797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Topsource Infotech Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Topsource Infotech Solutions was incorporated on 20 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Sunil Waman Bane was appointed as Director on 24 Jul 2024. Bryan Nicholas Davies ceased to be Additional Director on 30 Sep 2022. Sachin Bharat Disa ceased to be Additional Director on 30 Sep 2022. Topsource Infotech Solutions has 9 board changes on record in total.
Yes, Topsource Infotech Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0117795).
Topsource Infotech Solutions has 6 MSME Form 1 returns on record between 2019 and 2021, listing 28 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
Topsource Infotech Solutions can be reached through the website topsourceworldwide.com. Its registered office is in Pune, Maharashtra, India.