About Transworld Systems India Private Limited
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Transworld Systems India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Transworld Systems Inc.. It operates in the business support services segment of the business services sector. It was incorporated on 15 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC109552. Its GSTIN is 29AAJCP6385P1ZB (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.88 Cr. It was formerly known as Altisource Financial Solutions Private Limited and Polyplay Solutions Private Limited. It is led by directors including Subramanian Ananda Sendhil (Whole-Time Director) and Joel Worden Petersen.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pritech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹183.56 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹16.16 Cr (net margin 8.8%) and EBITDA of ₹46.3 Cr (EBITDA margin 25.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company has about 2,042 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Transworld Systems. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2019. Its 10 peer companies in the Business Services industry (Business Auxiliary Services) are compared by revenue, 5 larger and 5 smaller; the largest is Kiopl Management Solutions India Private Limited with revenue of ₹189.8 Cr. The company has 5 MSME Form 1 returns on record between 2020 and 2023, listing 118 overdue payments to 36 micro and small suppliers.
For more details, the company can be reached via its website tsico.com.
Name History of Transworld Systems India Private Limited
Transworld Systems India has undergone 2 name changes throughout its history. The company was previously known as Altisource Financial Solutions Private Limited, and Polyplay Solutions Private Limited. The current legal name is Transworld Systems India Private Limited.
| Company Name | Status |
|---|---|
| Transworld Systems India Private Limited | Current |
| Altisource Financial Solutions Private Limited | Previous |
| Polyplay Solutions Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPritech Park Block No. 12 3rd Floor B Wing Bellandur Village Sarjapur Marathahalli, Ring Road, Bangalore, Karnataka, India – 560103
- IndustryBusiness Services, Business Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Transworld Systems India Private Limited
Transworld Systems India operates one associated brand: Transworld Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Accounts receivable management, customer care, and loan servicing are provided. | tsico.com |
Business Activity of Transworld Systems India Private Limited
The main business activity of Transworld Systems India is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Transworld Systems India Private Limited FY 2025 filings available
Transworld Systems India Private Limited reported revenue of ₹183.56 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Transworld Systems India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA rose 4% 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 Transworld Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹46.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.16 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 Transworld Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.8% | •••• | •••• | •••• | •••• |
| 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 Transworld Systems India are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Transworld Systems India Private Limited
Transworld Systems India has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Ananda Sendhil Also directs: True North Ar India Private Limited | Whole-Time Director | 03 Aug 2023 | 3 Years 2 Months | Current |
| Joel Worden Petersen Also directs: True North Ar India Private Limited | Director | 28 Sep 2023 | 3 Years 0 Months | Current |
| Joseph Edward Laughlin Also directs: True North Ar India Private Limited | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Patrick Lee Wolf Also directs: True North Ar India Private Limited | Director | 26 Mar 2024 | 2 Years 6 Months | Current |
Peer Comparison of Transworld Systems India Private Limited
Transworld Systems India Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kiopl Management Solutions India Private Limited | ₹189.8 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Gurgaon, Haryana, India |
| Idp Education India Services LLP | ₹189.03 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Gurugram, Haryana, India |
| Nium India Private Limited | ₹185.86 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Goregaon East Mumbai, Maharashtra, India |
| Identifyplus Delivery Services Private Limited | ₹184.09 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Gurgaon, Haryana, India |
| KPMG Global Services Management Private Limited | ₹183.61 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurgaon, Haryana, India |
| Transworld Systems India Private Limited this company | ₹183.56 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Christie Digital Systems (India) Private Limited | ₹182.07 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Mobily Infotech India Private Limited | ₹181.81 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
| White Oak Investment Management Private Limited | ₹181.73 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Enfusion Softech India Private Limited | ₹181.44 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Rolls-Royce India Private Limited | ₹180.34 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Transworld Systems India by revenue in the Business Services industry (Business Auxiliary Services), 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 Transworld Systems India Private Limited
Transworld Systems India Private Limited is audited by V K A N & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K A N & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Transworld Systems India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Transworld Systems India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2019 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Transworld Systems India Private Limited
Transworld Systems India Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: Transworld Systems Inc & Nationwide Credit Inc, Transworld Systems Inc Seller: Altisource Asia Holdings Limiited & Somnath Mitra, Ocwen Asia Holdings Limited |
| May 2019 | Rights issue | ₹41.48 Cr | Investors: Ocwen Asia Holdings Limited |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Altisource Asia Holdings Limiited & Somnath Mitra, Ocwen Asia Holdings Limited Seller: 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Transworld Systems India Private Limited
Transworld Systems India Private Limited has 2 court cases on record: 1 filed by Transworld Systems India, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Transworld Systems India Private Limited
Transworld Systems India Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 118 overdue payments to 36 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 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Washroom Hygiene Concepts Private Limited | •••• | •••• | •••• |
| Verifacts Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Transworld Systems India Private Limited
Transworld Systems India Private Limited has a workforce of 2,042 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Transworld Systems India Private Limited
Transworld Systems India Private Limited has 19 board changes on record since 2018: 4 appointments and 15 cessations. The latest: Patrick Lee Wolf ceased to be Additional Director on 29 Sep 2024.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Transworld Systems India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Transworld Systems India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Transworld Systems India Private Limited
Transworld Systems India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP6385P1ZB | Karnataka | Active | 13 May 2019 |
| 27AAJCP6385P1ZF | Maharashtra | Active | 29 May 2019 |
| 27AAJCP6385P2ZE | Maharashtra | Active | 24 Mar 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Transworld Systems India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Transworld Systems India Private Limited
Frequently Asked Questions about Transworld Systems India Private Limited
Transworld Systems India 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 15 January 2018 (8+ years old) and is registered under CIN U72900KA2018PTC109552.
Transworld Systems India reported revenue of ₹183.56 Cr for FY 2025 (up 1% YoY).
Transworld Systems India has 4 current directors:
- Subramanian Ananda Sendhil - Whole-Time Director
- Joel Worden Petersen - Director
- Joseph Edward Laughlin - Director
- Patrick Lee Wolf - Director
Transworld Systems India reported a net profit of ₹16.16 Cr (net margin 8.8%) and EBITDA of ₹46.3 Cr (EBITDA margin 25.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Transworld Systems India is 5% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Transworld Systems India is 29AAJCP6385P1ZB, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAJCP6385P1ZF (Maharashtra), 27AAJCP6385P2ZE (Maharashtra).
The CIN (Corporate Identification Number) of Transworld Systems India is U72900KA2018PTC109552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transworld Systems India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Transworld Systems India was incorporated on 15 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Transworld Systems India has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2019.
The peers of Transworld Systems India by revenue are Kiopl Management Solutions India Private Limited, Idp Education India Services LLP, Nium India Private Limited, Identifyplus Delivery Services Private Limited, KPMG Global Services Management Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Patrick Lee Wolf ceased to be Additional Director on 29 Sep 2024. Patrick Lee Wolf was appointed as Director on 26 Mar 2024. Joel Worden Petersen was appointed as Director on 28 Sep 2023. Transworld Systems India has 19 board changes on record in total.