Algo Solutions Private Limited
About Algo Solutions Private Limited
Data last updated:
Algo Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC177341.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dharamraj Kautik Mahale and Meena Surendrakumar Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 545 Panchratna Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.28 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.18 Lakh (net margin 66.4%) and EBITDA of ₹3.02 Lakh (EBITDA margin 92.2%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address545 Panchratna Opera House, Mumbai, Maharashtra, India – 400004
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Financials of Algo Solutions Private Limited FY 2018 filings available
Algo Solutions Private Limited reported revenue of ₹3.28 Lakh (up 314% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Algo Solutions Private Limited
Revenue rose 314% in the latest year. EBITDA rose 503% 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 Algo Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.28 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.02 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.18 Lakh | •••• | •••• | •••• |
| 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 Algo Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 92.2% | •••• | •••• | •••• |
| Net Profit Margin | 66.4% | •••• | •••• | •••• |
| 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 Algo Solutions are in the company report.
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.
Peer Comparison of Algo Solutions Private Limited
Algo Solutions 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 |
|---|---|---|---|---|---|---|
| Etaya Innovations Private Limited | ₹3.33 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Great East Creations Technology Private Limited | ₹3.33 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Manaparai, Tamil Nadu, India |
| Raxon Technologies Private Limited | ₹3.32 Lakh (FY 2022) | •••• | •••• | -50.0% | •••• | Delhi, India |
| Audio Compass (India) Private Limited | ₹3.32 Lakh (FY 2025) | •••• | •••• | 784.0% | •••• | Mumbai, Maharashtra, India |
| Pixelkare Solutions Private Limited | ₹3.31 Lakh (FY 2022) | •••• | •••• | -59.0% | •••• | Bhubaneswar, Odisha, India |
| Algo Solutions Private Limited this company | ₹3.28 Lakh (FY 2018) | •••• | •••• | 314.0% | •••• | Mumbai, Maharashtra, India |
| Scwebs Info Solutions Private Limited | ₹3.27 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Bangalore, Karnataka, India |
| MCS Hotel and Resorts Private Limited | ₹3.27 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Patna, Bihar, India |
| Tellatale Foods Private Limited | ₹3.27 Lakh (FY 2024) | •••• | •••• | 160.0% | •••• | Bangalore, Karnataka, India |
| Buddyaan Services Private Limited | ₹3.25 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Thane, Maharashtra, India |
| Ansh Systems Private Limited | ₹3.25 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Algo Solutions 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 Algo Solutions Private Limited
Algo Solutions Private Limited is audited by J N J & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J N J & CO | Locked | Locked | Locked |
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.
Board of Directors of Algo Solutions Private Limited
Algo Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharamraj Kautik Mahale | Director | 04 Jan 2008 | 18 Years 9 Months | Current |
| Meena Surendrakumar Agarwal Also directs: Navyuvan Properties LLP, Devki Builders Private Limited, Excellent Enclave Private Limited and 2 more | Director | 03 Apr 2008 | 18 Years 6 Months | Current |
| Rajendra Dharamraj Mahale | Director | 04 Jan 2008 | 18 Years 9 Months | Current |
| Surendrakumar Balkishandas Agarwal | Director | 03 Apr 2008 | 18 Years 6 Months | Current |
Ownership and Shareholding of Algo Solutions Private Limited
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 Algo Solutions Private Limited
Algo Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Algo Solutions Private Limited
Employment history and EPFO contributions of people linked to Algo Solutions.
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 Algo Solutions Private Limited
Algo Solutions Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Meena Surendrakumar Agarwal ceased to be Director on 11 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Algo Solutions Private Limited
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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Algo Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Algo Solutions Private Limited
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 Algo Solutions Private Limited
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Algo Solutions Private Limited
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
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Algo Solutions Private Limited
Algo Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 January 2008 (18+ years old) and is registered under CIN U72900MH2008PTC177341.
Algo Solutions reported revenue of ₹3.28 Lakh for FY 2018 (up 314% YoY).
Algo Solutions has 4 current directors:
- Dharamraj Kautik Mahale - Director
- Meena Surendrakumar Agarwal - Director
- Rajendra Dharamraj Mahale - Director
- Surendrakumar Balkishandas Agarwal - Director
Algo Solutions reported a net profit of ₹2.18 Lakh (net margin 66.4%) and EBITDA of ₹3.02 Lakh (EBITDA margin 92.2%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of Algo Solutions is U72900MH2008PTC177341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algo Solutions was incorporated on 04 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Algo Solutions by revenue are Etaya Innovations Private Limited, Great East Creations Technology Private Limited, Raxon Technologies Private Limited, Audio Compass (India) Private Limited, Pixelkare Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Meena Surendrakumar Agarwal ceased to be Director on 11 Mar 2019. Surendrakumar Balkishandas Agarwal ceased to be Director on 11 Mar 2019. Meena Surendrakumar Agarwal was appointed as Director on 03 Apr 2008. Algo Solutions has 6 board changes on record in total.
The registered office of Algo Solutions is at 545 Panchratna Opera House, Mumbai, Maharashtra, India – 400004.
Algo Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Algo Solutions operates in the information technology industry, in the application development and software solutions segment.