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 14 cases involving the company, including 6 filed by the company and 7 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2024. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Hewlett Packard Enterprise India Private Limited with revenue of ₹8,338.93 Cr. 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 of Verizon Data Services India Private Limited
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
- EmailLocked
- TelephoneLocked
- 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
Comprehensive company report
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Associated Brands with Verizon Data Services India Private Limited
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 of Verizon Data Services India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Verizon Data Services India Private Limited FY 2025 filings available
Verizon 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) of Verizon Data Services India Private Limited
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 of Verizon Data Services 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 | ₹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 of Verizon Data Services India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Verizon Data Services India are in the company report.
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Financial statements from 2015
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 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 |
Peer Comparison of Verizon Data Services India Private Limited
Verizon Data Services India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hewlett Packard Enterprise India Private Limited | ₹8,338.93 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Brightcom Group Limited Listed | ₹7,390.31 Cr (FY 2023) | •••• | •••• | 47.0% | •••• | Hyderabad, Telangana, India |
| Samsung R&D Institute India - Bangalore Private Limited | ₹7,005.03 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Virtusa Consulting Services Private Limited | ₹6,889.08 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Nvidia Graphics Private Limited | ₹6,153.8 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Karnataka, India |
| Verizon Data Services India Private Limited this company | ₹5,987.75 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Eit Services India Private Limited | ₹5,232.67 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hosur Rd Bangalore, Karnataka, India |
| Aptiv Components India Private Limited | ₹5,006.88 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Amd India Private Limited | ₹4,844.3 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Mastercard Technology Private Limited | ₹4,600.07 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Eaton Technologies Private Limited | ₹4,478.45 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Verizon Data Services India by revenue in the Information Technology industry (Application Development), 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 Verizon Data Services India Private Limited
Verizon Data Services India Private Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | Locked | Locked | Locked |
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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 Verizon Data Services India Private Limited
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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 Verizon Data Services India Private Limited
Verizon Data Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Verizon Data Services India Private Limited
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 |
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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 Verizon Data Services India Private Limited
Verizon Data Services India Private Limited has 14 court cases on record: 6 filed by Verizon Data Services India, 7 filed against it, 1 where it is another party. 3 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Total cases
14
Filed by the company
6
Filed against the company
7
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 2 |
| Supreme Court | 2 | 2 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by Additional/ Joint Commissioner | Pending |
| Madras High Court | Appeal | Filed against the company by Additional/ Joint Commissioner | Pending |
| Supreme Court | Appeal | Filed against the company by Authority for Advance Rulings | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Deputy Commissioner of Income Tax Corporate Circle 3(1),Chennai | Disposed |
| Madras High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Corporate Circle 3(1),Chennai | Disposed |
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Full case history
All 14 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 Verizon Data Services India Private Limited
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 | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 14 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 Verizon Data Services India Private Limited
Verizon Data Services India Private Limited has a workforce of 6,851 employees as of Apr 09, 2024.
Employee count
6,851
Active EPFO establishments
2
Employee growth
5.84%
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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 Verizon Data Services India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Verizon Data Services India Private Limited
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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
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Subsidiaries & Group Companies of Verizon Data Services India Private Limited
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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 Verizon Data Services India Private Limited
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 |
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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
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MCA Filings & Documents of Verizon Data Services India Private Limited
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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
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Related news about Verizon Data Services India Private Limited
Frequently Asked Questions about Verizon Data Services India Private Limited
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 reported revenue of ₹5,987.75 Cr for FY 2025 (up 10% YoY).
Verizon Data Services India has 2 current directors:
- Vijayaraman Subramanian - Managing Director
- Prasad Venkata Anjaneya Annadanam - Director
Verizon Data Services India reported a net profit of ₹627.94 Cr (net margin 10.5%) and EBITDA of ₹1,117.97 Cr (EBITDA margin 18.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verizon Data Services India is 14% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
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 14 court cases on record: 6 filed by the company and 7 filed against it. 3 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.
The peers of Verizon Data Services India by revenue are Hewlett Packard Enterprise India Private Limited, Brightcom Group Limited, Samsung R&D Institute India - Bangalore Private Limited, Virtusa Consulting Services Private Limited, Nvidia Graphics Private Limited and 5 more, all in the Information Technology industry (Application Development).
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.