Fusion CX Limited - information technology in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U72900WB2004PLC097921 Incorporated 25 February 2004 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - NSE: FUSIONCX · BSE: 544995 Public Limited Company information technology
Data last updated
Market Cap
₹4,048 Cr
FUSIONCX · NSE
Share Price
₹287.90
+2.67% today
Revenue
₹1,818 Cr
FY 2025-26 · +36.8% YoY
EBITDA
₹300 Cr
Margin 16.5%
Net Profit
₹168 Cr
FY 2025-26 · +122.1% YoY
ROE
37.0%
ROCE 27.2%
Debt / Equity
0.89
Interest cover 24.1x
Authorised capital
₹20 Cr
Registered with MCA

About Fusion CX Limited

Data last updated:

Fusion CX Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of P N S Business Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 February 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2004PLC097921. Its GSTIN is 19AAACX0323Q2Z0 (West Bengal). The company holds 11 GST registrations, of which 10 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544995 and NSE: FUSIONCX.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.71 Cr. It is led by directors including Pankaj Dhanuka (Managing Director) and Kishore Saraogi (Managing Director).

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No.Y9 Block Ep & Gp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,818.14 Cr, a growth of 36.8% compared to the previous year. For the same year it recorded a net profit of ₹168.16 Cr (net margin 9.2%) and EBITDA of ₹300.25 Cr (EBITDA margin 16.5%). The net worth stands at ₹560.6 Cr (up 56.4% YoY). Total assets are valued at ₹972.76 Cr (up 24.1% YoY).

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Xplore Tech Services. As per MCA filings, the company has open charges of ₹178.38 Cr and satisfied charges of ₹249.12 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 6 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2016. Its 3 peer companies in the Outsourcing industry (Diversified BPO), with the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.) are compared by revenue, 1 larger and 2 smaller; the largest is Conneqt Business Solutions Limited with revenue of ₹1,453.26 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 xplore-tech.com.

Company details

CIN U72900WB2004PLC097921
Registration Number 097921
Incorporation Date 25 February 2004
ROC Kolkata
Listing Status Listed - Listed on NSE (FUSIONCX); Listed on BSE (544995)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Parent Company P N S Business Private Limited
Compliance Status Active Compliant

CIN history

Fusion CX has one previous CIN (Corporate Identification Number): U72900WB2004PTC097921. The current CIN is U72900WB2004PLC097921, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900WB2004PLC097921Current
U72900WB2004PTC097921Previous

Contact details

Fusion CX Limited's registered office is in Kolkata, West Bengal. Its website is xplore-tech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No.Y9 Block Ep & Gp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Fusion CX Limited, buy the company report.

Comprehensive company report
Fusion CX 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
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Brands

Fusion CX operates one associated brand: Xplore Tech Services. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive IT solutions including application development, digital marketing, call center, and BPO services.xplore-tech.com

Business activity

The main business activity of Fusion CX 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN6Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.

To see the full business activity and turnover split of Fusion CX Limited, buy the company report.

Financials of Fusion CX Limited

FY 2025-26 filings available

Fusion CX Limited reported revenue of ₹1,818.14 Cr (up 36.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,818 Cr
+36.8% YoY
EBITDA
₹300 Cr
+66.6% YoY
Profit After Tax
₹168 Cr
+122.1% YoY
Net Worth
₹561 Cr
+56.4% YoY
Total Assets
₹973 Cr
+24.1% YoY
Total Debt
₹402 Cr
-3.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue1,8181,3299911,105
Revenue growth+36.8%+34.1%-10.3%-
EBITDA30018079.0073.31
EBITDA margin+16.5%+13.6%+8.0%+6.6%
Profit before tax18977.7436.6741.38
Net profit16875.7234.6239.55
Net profit margin+9.3%+5.7%+3.5%+3.6%
EPS (₹)13.365.992.883.16
Balance sheet
Total assets973784605438
Net worth561358271237
Total debt402417317197
Cash & bank10345.5423.1031.95
Net working capital18090.64177123
Cash flow
Cash from operations26410239.2629.25
Cash from investing(74.54)(57.91)(60.80)(77.79)
Cash from financing(138)(26.73)11.055.95
ParticularsMar 2025
Revenue404
Other income3.86
EBITDA60.30
EBITDA margin+14.9%
Depreciation23.56
Interest12.12
Profit before tax28.48
Tax1.41
Net profit27.07
EPS (₹)0.00
MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue287294278
Revenue growth-2.3%+5.5%-
EBITDA30.0538.8724.18
EBITDA margin+10.5%+13.2%+8.7%
Profit before tax11.2321.9614.93
Net profit12.2221.1512.34
Net profit margin+4.3%+7.2%+4.4%
EPS (₹)0.971.681.13
Balance sheet
Total assets224189165
Net worth98.9983.6962.74
Total debt11710098.76
Cash & bank14.218.104.53
Net working capital10389.0066.46
Cash flow
Cash from operations19.5920.4617.31
Cash from investing(14.63)(10.82)(0.78)
Cash from financing(5.15)(11.27)(18.11)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsMar 2025
Revenue404
Other income3.86
EBITDA60.30
EBITDA margin+14.9%
Depreciation23.56
Interest12.12
Profit before tax28.48
Tax1.41
Net profit27.07
EPS (₹)0.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue1,8181,3299911,105
Revenue growth+36.8%+34.1%-10.3%-
Other income33.6922.7330.2141.83
Total expenses1,5181,1499121,032
Employee cost1,192874682766
EBITDA30018079.0073.31
EBITDA margin+16.5%+13.6%+8.0%+6.6%
Depreciation95.1081.3448.9856.20
Interest49.5443.9023.5617.56
Profit before tax18977.7436.6741.38
Tax20.482.320.421.54
Net profit16875.7234.6239.55
Net profit margin+9.3%+5.7%+3.5%+3.6%
EPS (₹)13.365.992.883.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital12.6312.6012.6012.60
Reserves & surplus548346259225
Shareholders' funds (net worth)561358271237
Minority interest0.000.000.000.00
Secured loans267306205110
Unsecured loans13611011286.21
Total debt402417317197
Total liabilities973784605438
Assets
Gross block956767460302
Net block688601354244
Capital work in progress8.6913.6418.904.73
Investments4.433.943.503.10
Inventories0.000.000.000.00
Sundry debtors375332254218
Cash & bank balances10345.5423.1031.95
Loans & advances11472.1362.3938.05
Total current assets592450340288
Total current liabilities412359163165
Net working capital18090.64177123
Total assets973784605438
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash37.9220.1130.5973.18
Net cash from operating activities26410239.2629.25
Net cash from investing activities(74.54)(57.91)(60.80)(77.79)
Net cash from financing activities(138)(26.73)11.055.95
Net change in cash51.6417.82(10.49)(42.59)
Closing cash10345.5423.1031.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+36.8%+34.1%-10.3%-
EBITDA growth+66.6%+128.2%+7.8%-
PBT growth+143.5%+112.0%-11.4%+9997.0%
Net income growth+122.1%+118.7%-12.5%-
Revenue CAGR (3Y)+18.1%---
EBITDA CAGR (3Y)+60.0%---
Profitability & leverage
Net income margin+9.3%+5.6%+3.7%+3.6%
Return on capital employed+27.2%+17.5%+11.6%+13.5%
Return on net worth+37.0%+23.6%+14.3%+16.8%
Debt / equity0.891.171.010.79
Long-term debt / equity0.350.520.450.06
Interest cover24.1544.3878.48102.63
Efficiency & per share
Fixed asset turnover2.112.172.603.66
Inventory turnover0.000.000.000.00
Debtors turnover5.144.544.205.07
EPS (₹)13.445.902.883.16
Dividend per share (₹)0.500.300.200.00
Book value per share (₹)44.3828.4421.5218.82
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue287294278
Revenue growth-2.3%+5.5%-
Other income4.075.5913.00
Total expenses257255254
Employee cost184184176
EBITDA30.0538.8724.18
EBITDA margin+10.5%+13.2%+8.7%
Depreciation12.5612.1313.11
Interest10.3310.379.14
Profit before tax11.2321.9614.93
Tax(0.99)0.810.73
Net profit12.2221.1512.34
Net profit margin+4.3%+7.2%+4.4%
EPS (₹)0.971.681.13
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital12.6312.6012.60
Reserves & surplus86.3671.0950.14
Shareholders' funds (net worth)98.9983.6962.74
Secured loans10087.9683.96
Unsecured loans16.5212.5314.80
Total debt11710098.76
Total liabilities224189165
Assets
Gross block83.2163.0362.96
Net block37.7929.0139.39
Capital work in progress8.6913.646.46
Investments17.9217.4216.98
Inventories0.000.000.00
Sundry debtors11912277.08
Cash & bank balances14.218.104.53
Loans & advances25.5219.9622.66
Total current assets159150104
Total current liabilities55.7560.8037.81
Net working capital10389.0066.46
Total assets224189165
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash0.492.123.70
Net cash from operating activities19.5920.4617.31
Net cash from investing activities(14.63)(10.82)(0.78)
Net cash from financing activities(5.15)(11.27)(18.11)
Net change in cash(0.19)(1.63)(1.59)
Closing cash14.218.104.53
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth-2.3%+5.5%-
EBITDA growth-22.7%+60.8%-
PBT growth-48.9%+47.1%+9997.0%
Net income growth-42.2%+71.4%-
Profitability & leverage
Net income margin+4.3%+7.2%+5.1%
Return on capital employed+10.5%+18.3%+13.4%
Return on net worth+13.4%+28.9%+19.7%
Debt / equity1.191.361.57
Long-term debt / equity0.290.260.32
Interest cover59.0638.7882.57
Efficiency & per share
Fixed asset turnover3.924.664.42
Inventory turnover0.000.000.00
Debtors turnover2.382.953.61
EPS (₹)0.971.681.13
Dividend per share (₹)0.000.300.20
Book value per share (₹)7.846.644.98

To see the full year-wise statements and ratios of Fusion CX Limited, buy the company report.

Board of directors of Fusion CX Limited

Fusion CX has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pankaj DhanukaManaging Director25 Feb 200422 Years 8 MonthsCurrent
Kishore SaraogiManaging Director01 Jul 200422 Years 3 MonthsCurrent
Ritesh ChakrabortyDirector08 May 20251 Years 5 MonthsCurrent
Michael Daniel LammDirector01 Mar 20251 Years 7 MonthsCurrent
Bradley Tyler CallDirector08 May 20251 Years 5 MonthsCurrent
Kashi Prasad KhandelwalDirector01 Dec 20241 Years 10 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Fusion CX Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fusion CX Limitedthis company₹1,818.14 Cr (FY 2026)₹168.16 Cr9.2%36.8%Kolkata, West Bengal, India
Conneqt Business Solutions Limited₹1,453.26 Cr (FY 2023)20.0%Bangalore, Karnataka, India
Synchrony International Services Private Limited₹1,327.49 Cr (FY 2025)14.0%Hyderabad, Telangana, India
Ienergizer IT Services Private Limited₹1,267.54 Cr (FY 2025)13.0%New Delhi, Delhi, India

To see the full peer comparison of Fusion CX Limited, buy the company report.

Auditor

Fusion CX Limited is audited by M S K A & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2023105047W

Shareholding

The shareholding of Fusion CX 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fusion CX Limited, buy the company report.

Charges & borrowings

Open charges
₹178.38 Cr
Satisfied charges
₹249.12 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹126.26 Cr
Others₹52.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jun 2026101332956Others₹2.13 CrOpen
18 Jun 2026101353778Hdfc Bank Limited₹14.39 CrOpen
24 Mar 2026101263028Others₹20 CrOpen
28 Aug 2024100982773Others₹30 CrOpen
13 Oct 2023100815068Hdfc Bank Limited₹14.19 LakhOpen

To see the full charge records of Fusion CX Limited, buy the company report.

Total charge records: 26 View all charges

Deals & funding

Fusion CX Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2016.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2016Secondary share transferUndisclosedBuyer: P N S Business Private Limited
Seller: Rasish Consulatants Private Limited
Dec 2010Secondary share transferUndisclosedBuyer: Rasish Consulatants Private Limited, P N S Business Private Limited
Seller: S N R Trading Company Pvt. Ltd.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Fusion CX Limited was last rated by Crisil on 31 Jan 2020.

Rating agencyRated onRating
Crisil31 Jan 2020

To see the full credit ratings and regulatory alerts of Fusion CX Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fusion CX Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Fusion CX has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Competent Synergies Private LimitedU74999CH1995PTC016703

To see the full group structure of Fusion CX Limited, buy the company report.

GST

Fusion CX has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
10
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AAACX0323Q2Z0West BengalActive01 Jul 2017
29AAACX0323Q1Z0KarnatakaActive26 Nov 2019
09AAACX0323Q1Z2Uttar PradeshActive17 Jul 2020
33AAACX0323Q1ZBTamil NaduActive01 Feb 2021

To see the full GST registrations and return filing status of Fusion CX Limited, buy the company report.

Recent activity

Fusion CX Limited has 22 board changes on record since 2004: 8 appointments and 14 cessations. The latest: Bradley Tyler Call was appointed as Director on 08 May 2025.

Charges
A charge with Others amounted to Rs. 2.13 Cr with Charge ID 101332956 was registered on 25 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.39 Cr with Charge ID 101353778 was registered on 18 Jun 2026.
Filing
Fusion Cx Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101263028 was registered on 24 Mar 2026.
Charges
A charge registered on 07 Feb 2018 via Charge ID 100187057 with Hdfc Bank Limited was fully satisfied on 18 Feb 2026.
AGM
Fusion Cx Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 30.00 Cr registered on 28 Aug 2024 with Charge ID 100982773 was modified on 09 Jun 2025.
Appointed
Bradley Tyler Call was appointed as Director.
Ceased
Michael Daniel Lamm ceased to be Additional Director.
Appointed
Ritesh Chakraborty was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 111.72 Cr registered on 22 Nov 2022 with Charge ID 100721665 was modified on 02 May 2025.
Ceased
Ritesh Chakraborty ceased to be Additional Director.

70 earlier events are in the company report.

Frequently asked questions

Fusion CX is an active public limited company based in Kolkata, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 February 2004 (22+ years old) and is registered under CIN U72900WB2004PLC097921. Listed on BSE: 544995 and NSE: FUSIONCX.

Fusion CX reported revenue of ₹1,818.14 Cr for FY 2025-26 (up 36.8% YoY) based on consolidated financials.

Fusion CX has 8 current directors:

The latest financial statements of Fusion CX on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Fusion CX is 19AAACX0323Q2Z0, registered in West Bengal. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACX0323Q1Z0 (Karnataka), 09AAACX0323Q1Z2 (Uttar Pradesh), 33AAACX0323Q1ZB (Tamil Nadu).

The CIN (Corporate Identification Number) of Fusion CX is U72900WB2004PLC097921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Fusion CX is a listed company as per MCA records. Its shares are listed on both BSE (code: 544995) and NSE (symbol: FUSIONCX).

Fusion CX has 13 court cases on record: 7 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.

Fusion CX was incorporated on 25 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.

Fusion CX has 2 deals on record (2 secondary share transfers); the latest was in November 2016.

The peers of Fusion CX by revenue are Conneqt Business Solutions Limited, Synchrony International Services Private Limited, Ienergizer IT Services Private Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.).