Fortune MNC 500 India 2026 edition
Rank#129- Total income
- ₹5,988 Cr
- Profit
- ₹628 Cr
Last year #146
Verizon Data Services India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5,987.75 Cr
▲ 10% YoY
Net profit · FY 2025
₹627.94 Cr
Net margin 10.5%
EBITDA · FY 2025
₹1,117.97 Cr
EBITDA margin 18.7%
Authorised capital
₹5.01 Cr
Registered with MCA
Paid-up capital
₹3.75 Cr
Issued & subscribed
Company age
25 yrs
Est. 2001
Employees · EPFO
6,851
Provident fund records
Directors on board
2
As per MCA filings
About Verizon Data Services India Private Limited
Data last updated:
Verizon Data Services India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Verizon Services Singapore Pte. Ltd. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 02 February 2001 and has been in existence for over 25 years.
Verizon Data Services India is ranked #129 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2001PTC046551. Its GSTIN is 33AABCV1758N1Z1 (Tamil Nadu). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹3.75 Cr. It is led by directors Vijayaraman Subramanian (Managing Director) and Prasad Venkata Anjaneya Annadanam.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 SIDCO Industrial Estate Guindy Olympia Technology Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,987.75 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹627.94 Cr (net margin 10.5%) and EBITDA of ₹1,117.97 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 25% over five years.
The company has about 6,851 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Verizon. Court records list 17 cases involving the company, including 8 filed by the company and 9 filed against it; 4 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2024. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 356 overdue payments to 45 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verizon.com.
Company details
CIN U72300TN2001PTC046551
Registration Number 046551
Incorporation Date 02 February 2001
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Verizon Services Singapore Pte. Ltd
Compliance Status Active Compliant
Recognitions & Rankings of Verizon Data Services India
Contact details
Verizon Data Services India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is verizon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 SIDCO Industrial Estate Guindy Olympia Technology Park Citius – B Block, 8th Floor, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Verizon Data Services India Private Limited, buy the company report.
Comprehensive company report
Verizon Data Services India 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
Verizon Data Services India operates one associated brand: Verizon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile and internet services are provided to homes and businesses. | verizon.com |
Business activity
The main business activity of Verizon Data Services India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Verizon Data Services India Private Limited, buy the company report.
Financials of Verizon Data Services India Private Limited
FY 2025 filings availableVerizon Data Services India Private Limited reported revenue of ₹5,987.75 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹5,987.75 Cr ▲ 10%
Net profit · FY 2025
₹627.94 Cr margin 10.5%
EBITDA · FY 2025
₹1,117.97 Cr margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 14%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 15%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 10% growth in the latest year. EBITDA rose 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹1,117.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹627.94 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 10.5% | ||||
| 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 Verizon Data Services India Private Limited, buy the company report.
Board of directors of Verizon Data Services India Private Limited
Verizon Data Services India has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Venkata Anjaneya Annadanam | Director | 19 Mar 2013 | 13 Years 7 Months | Current |
| Vijayaraman Subramanian | Managing Director | 31 Oct 2019 | 6 Years 11 Months | Current |
Auditor
Verizon Data Services India Private Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Verizon Data Services India 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 Verizon Data Services India Private Limited, buy the company report.
Deals & funding
Verizon Data Services India Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Blue Jeans Network Inc., Verizon European Holdings Limited |
| Apr 2013 | Secondary share transfer | Undisclosed | Seller: Verizon Services Singapore Pte Limited, Verizon Data Services LLC |
| Dec 2012 | Secondary share transfer | Undisclosed | Seller: Verizon Services Singapore Pte Limited, Verizon Data Services LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Verizon Data Services India Private Limited has 17 court cases on record: 8 filed by Verizon Data Services India, 9 filed against it. 4 cases are pending and 13 are disposed.
Total cases
17
Filed by the company
8
Filed against the company
9
Pending
4
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 2 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 2 | 2 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Additional/ Joint Commissioner M/S. Ap. Srinivas, A N R Jayaprathap and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by The Additional/ Joint Commissioner M/S. A.P. Srinivas, A N R Jayaprathap and 1 other | Pending |
| District court, Khammam, Telangana | Petition | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by The Authority for Advance Ruling Chairman Chairman 5Th Floor, NDMC Buildings, Yaswant Place, Satya Marg , District: Chanakyapuri , , Delhi and 2 others | Pending |
| Supreme Court | Court case | Filed against the company by The Authority for Advance Ruling Chairman | Disposed |
To see the full case history of Verizon Data Services India 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
Verizon Data Services India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 356 overdue payments to 45 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 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Truworth Health Technologies Private Limited | |||
| Sindya Aqua Minerale Private Limited | |||
| Lancesoft India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Verizon Data Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Verizon Data Services India Private Limited has a workforce of 6,851 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
6,851
Active EPFO establishments
2
Employee growth
5.84%
GST
Verizon Data Services India has 7 GST registrations: 3 active and 4 cancelled or inactive.
Total GSTINs
7
Active
3
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV1758N1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
| 36AABCV1758N1ZV | Telangana | Active | 28 Jun 2017 |
| 29AABCV1758N3ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verizon Data Services India Private Limited, buy the company report.
Recent activity
Verizon Data Services India Private Limited has 22 board changes on record since 2007: 2 appointments and 20 cessations. The latest: Vijayaraman Subramanian ceased to be Director on 01 Jul 2021.
AGM
Verizon Data Services India Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Verizon Data Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Vijayaraman Subramanian ceased to be Director.
Ceased
Kalyani Sekar ceased to be Managing Director.
Appointed
Vijayaraman Subramanian was appointed as Managing Director.
Ceased
Brian Turner Ashby ceased to be Additional Director.
Ceased
Devakumar Ramamoorthy ceased to be Director.
Ceased
Ramesh Shankaranarayan Kumar ceased to be Director.
Ceased
Santosh Mohan Bijur ceased to be Managing Director.
Ceased
Prasad Venkata Anjaneya Annadanam ceased to be Additional Director.
Ceased
Sundaresan Ramakrishnan ceased to be Director.
Appointed
Prasad Venkata Anjaneya Annadanam was appointed as Director.
13 earlier events are in the company report.
News
Frequently asked questions
Verizon Data Services India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 02 February 2001 (25+ years old) and is registered under CIN U72300TN2001PTC046551.
Verizon Data Services India has 2 current directors:
- Vijayaraman Subramanian - Managing Director
- Prasad Venkata Anjaneya Annadanam - Director
The latest financial statements of Verizon Data Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Verizon Data Services India is 33AABCV1758N1Z1, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 36AABCV1758N1ZV (Telangana), 29AABCV1758N3ZO (Karnataka).
The CIN (Corporate Identification Number) of Verizon Data Services India is U72300TN2001PTC046551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verizon Data Services India has 17 court cases on record: 8 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Verizon Data Services India was incorporated on 02 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Verizon Data Services India has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Vijayaraman Subramanian ceased to be Director on 01 Jul 2021. Kalyani Sekar ceased to be Managing Director on 31 Dec 2020. Vijayaraman Subramanian was appointed as Managing Director on 31 Oct 2019. Verizon Data Services India has 22 board changes on record in total.
Verizon Data Services India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 356 overdue payments to 45 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Verizon Data Services India can be reached through the website verizon.com. Its registered office is in Chennai, Tamil Nadu, India.