
About Vertafore India Private Limited
Data last updated:
Vertafore India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Vertafore, Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1998PTC030601. Its GSTIN is 36AABCB5073G1ZU (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Bruno'S Computer Solutions and Software Private Limited. It is led by directors including John Kenneth Stipancich and Robert William Fincutter.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹149.81 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹19.58 Cr (net margin 13.1%) and EBITDA of ₹28.22 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 812 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: VUE Software and Vertafore. Court records list 2 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in May 2019. Its 7 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 4 smaller; the largest is Constellation Technologies Private Limited with revenue of ₹153.46 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vuesoftware.com.
Company details
CIN history
Vertafore India has one previous CIN (Corporate Identification Number): U72200AP1998PTC030601. The current CIN is U72200TG1998PTC030601, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1998PTC030601 | Current |
| U72200AP1998PTC030601 | Previous |
Contact details
Vertafore India Private Limited's registered office is in Hyderabad, Telangana. Its website is vuesoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIn Orbit Hitech Mall Blog No. 16, Survey No. 64 Next To Vsnl Building, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vertafore 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
Vertafore India operates two associated brands: VUE Software and Vertafore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insurance distribution management software for streamlined operations and efficiency. | vuesoftware.com | |
| Agency and content management solutions for insurance are provided. | vertafore.com |
Business activity
The main business activity of Vertafore India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| 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 |
To see the full business activity and turnover split of Vertafore India Private Limited, buy the company report.
Financials of Vertafore India Private Limited
FY 2024 filings availableVertafore India Private Limited reported revenue of ₹149.81 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. 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 | ₹28.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.58 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 | 18.8% | ||||
| Net Profit Margin | 13.1% | ||||
| 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 Vertafore India Private Limited, buy the company report.
Board of directors of Vertafore India Private Limited
Vertafore India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John Kenneth Stipancich | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
| Girish Chandran Nair | Additional Director | 23 May 2025 | 1 Years 5 Months | Current |
| Robert William Fincutter | Director | 02 Sep 2021 | 5 Years 1 Months | Current |
| Sathbir Kaur | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Vertafore India Private Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Constellation Technologies Private Limited | ₹153.46 Cr (FY 2025) | -20.0% | Hyderabad, Telangana, India | |||
| Arcalis Technologies Private Limited | ₹152.46 Cr (FY 2024) | Pune, Maharashtra, India | ||||
| Symphony Eyc India Private Limited | ₹152.45 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Vertafore India Private Limitedthis company | ₹149.81 Cr (FY 2025) | ₹19.58 Cr | 13.1% | -1.0% | 812 | Hyderabad, Telangana, India |
| Radiant Info Systems Private Limited | ₹149.35 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Amphenol Andrew Networks India Private Limited | ₹149.29 Cr (FY 2025) | -37.0% | Bangalore, Karnataka, India | |||
| Hyperverge Technologies Private Limited | ₹149.16 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| U.P.Electronics Corporation Limited | ₹146.08 Cr (FY 2021) | -25.0% | Uttar Pradesh, India |
To see the full peer comparison of Vertafore India Private Limited, buy the company report.
Auditor
Vertafore India Private Limited is audited by V. S. GANESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. S. GANESH & ASSOCIATES | FY 2023 |
Shareholding
The shareholding of Vertafore 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vertafore India Private Limited, buy the company report.
Deals & funding
Vertafore India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in May 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Vertafore Inc Seller: Computer Solution & Software International |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vertafore India Private Limited has 2 court cases on record: 2 filed by Vertafore India, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company by M/S. Vertafore India Private Limited | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against M/S. Vertafore India Private Limited and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Vertafore 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
No delayed payments to MSME suppliers are on our record for Vertafore India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vertafore India Private Limited has a workforce of 812 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Vertafore India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCB5073G1ZU | Telangana | Active | 01 Jul 2017 |
| 24AABCB5073G1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vertafore India Private Limited, buy the company report.
Recent activity
Vertafore India Private Limited has 15 board changes on record since 2020: 5 appointments and 10 cessations. The latest: Girish Chandran Nair was appointed as Additional Director on 23 May 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Vertafore India is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 December 1998 (28+ years old) and is registered under CIN U72200TG1998PTC030601.
Vertafore India has 4 current directors:
- John Kenneth Stipancich - Director
- Girish Chandran Nair - Additional Director
- Robert William Fincutter - Director
- Sathbir Kaur - Director
The latest financial statements of Vertafore India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vertafore India is 36AABCB5073G1ZU, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCB5073G1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Vertafore India is U72200TG1998PTC030601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertafore India has 2 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Vertafore India was incorporated on 02 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vertafore India has 1 deal on record (1 secondary share transfer); the latest was in May 2019.
The peers of Vertafore India by revenue are Constellation Technologies Private Limited, Arcalis Technologies Private Limited, Symphony Eyc India Private Limited, Radiant Info Systems Private Limited, Amphenol Andrew Networks India Private Limited and 2 more, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Girish Chandran Nair was appointed as Additional Director on 23 May 2025. John Kenneth Stipancich ceased to be Additional Director on 29 Sep 2022. Sathbir Kaur ceased to be Additional Director on 29 Sep 2022. Vertafore India has 15 board changes on record in total.
Vertafore India can be reached through the website vuesoftware.com. Its registered office is in Hyderabad, Telangana, India.