About Verimatrix Video Security Solutions India Private Limited
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Verimatrix Video Security Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Verimatrix International Inc.. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 10 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013FTC069049. Its GSTIN is 29AAECV4821F1ZA (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jean Francois Labadie and Andrew Peter Bear.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Level 14 & 15 Concorde Towers Ub City 1 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.2 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹55.05 Lakh (net margin 7.6%) and EBITDA of ₹62.24 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
The company is associated with 1 brand: Verimatrix.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verimatrix.com.
Company details
Contact details
Verimatrix Video Security Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is verimatrix.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressLevel 14 & 15 Concorde Towers Ub City 1 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Verimatrix Video Security Solutions India Private Limited, buy the company report.
- 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
Brands
Verimatrix Video Security Solutions India operates one associated brand: Verimatrix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Video security solutions are offered for Pay-TV content protection. | verimatrix.com |
Business activity
The main business activity of Verimatrix Video Security Solutions India is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Verimatrix Video Security Solutions India Private Limited, buy the company report.
Financials of Verimatrix Video Security Solutions India Private Limited
FY 2024 filings availableVerimatrix Video Security Solutions India Private Limited reported revenue of ₹7.2 Cr (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 18% growth in the latest year. EBITDA rose 35% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹7.2 Cr | ||||
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| EBITDA | ₹62.24 Lakh | ||||
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| Net Profit (PAT) | ₹55.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Verimatrix Video Security Solutions India Private Limited, buy the company report.
Board of directors of Verimatrix Video Security Solutions India Private Limited
Verimatrix Video Security Solutions India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jean Francois Labadie | Director | 18 Apr 2022 | 4 Years 6 Months | Current |
| Andrew Peter Bear | Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Vikas Manharlal Mehta | Director | 12 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Verimatrix Video Security Solutions India Private Limited is audited by K K C & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K C & ASSOCIATES LLP | FY 2022 | 105146W/W100621 |
Shareholding
The shareholding of Verimatrix Video Security Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verimatrix Video Security Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verimatrix Video Security Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Verimatrix Video Security Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Verimatrix Video Security Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV4821F1ZA | Karnataka | Active | 20 Jan 2018 |
To see the full GST registrations and return filing status of Verimatrix Video Security Solutions India Private Limited, buy the company report.
Recent activity
Verimatrix Video Security Solutions India Private Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Vikas Manharlal Mehta ceased to be Additional Director on 29 Jun 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Verimatrix Video Security Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 10 May 2013 (13+ years old) and is registered under CIN U72900KA2013FTC069049.
Verimatrix Video Security Solutions India has 3 current directors:
- Jean Francois Labadie - Director
- Andrew Peter Bear - Director
- Vikas Manharlal Mehta - Director
The latest financial statements of Verimatrix Video Security Solutions India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Verimatrix Video Security Solutions India is 29AAECV4821F1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Verimatrix Video Security Solutions India is U72900KA2013FTC069049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verimatrix Video Security Solutions India was incorporated on 10 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Vikas Manharlal Mehta ceased to be Additional Director on 29 Jun 2025. Vikas Manharlal Mehta was appointed as Director on 12 Dec 2024. Jean Francois Labadie ceased to be Additional Director on 08 Mar 2023. Verimatrix Video Security Solutions India has 13 board changes on record in total.
Verimatrix Video Security Solutions India can be reached through the website verimatrix.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Verimatrix Video Security Solutions India is at Level 14 & 15 Concorde Towers Ub City 1 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
Verimatrix Video Security Solutions India operates in the information technology industry, in the software development and support services segment.