About Codal Systems Private Limited
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Codal Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Codal Holdings Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2014PTC079556. Its GSTIN is 24AAFCC6684C1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dattatrey Kumar Narharilal Goyal and Mamtabahen Dattatreykumar Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.99 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹65.82 Lakh (net margin 3.1%) and EBITDA of ₹2.41 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 34% over five years.
The company has about 85 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website codal.com.
Company details
Contact details
Codal Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is codal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 202 Sarjan – 1 New C G Road Near Sakar School Chandkh, Eda, Ahmedabad, Gujarat, India – 382424
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Codal Systems 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
Business activity
The main business activity of Codal Systems 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 Codal Systems Private Limited, buy the company report.
Financials of Codal Systems Private Limited
FY 2025 filings availableCodal Systems Private Limited reported revenue of ₹20.99 Cr (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 48% growth in the latest year. EBITDA rose 92% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.41 Cr | ||||
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| Net Profit (PAT) | ₹65.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Codal Systems Private Limited, buy the company report.
Board of directors of Codal Systems Private Limited
Codal Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dattatrey Kumar Narharilal Goyal | Director | 19 May 2014 | 12 Years 5 Months | Current |
| Mamtabahen Dattatreykumar Goyal | Director | 19 May 2014 | 12 Years 5 Months | Current |
Peer comparison
Codal Systems Private Limited is compared with the 8 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Frans Global Infotech Private Limited | ₹21.03 Cr (FY 2024) | 13.0% | Jodhpur, Rajasthan, India | |||
| Thinkproject India Private Limited | ₹21.01 Cr (FY 2024) | 25.0% | Bangalore, Karnataka, India | |||
| Freeflow Ventures Private Limited | ₹21 Cr (FY 2025) | 231.0% | Kolkata, West Bengal, India | |||
| Onpassive Technologies Private Limited | ₹21 Cr (FY 2022) | Hyderabad, Telangana, India | ||||
| Codal Systems Private Limitedthis company | ₹20.99 Cr (FY 2024) | ₹65.82 Lakh | 3.1% | 48.0% | 85 | Ahmedabad, Gujarat, India |
| Qualitia Software Private Limited | ₹20.95 Cr (FY 2025) | 36.0% | Pune, Maharashtra, India | |||
| Baton-Ubixi Systems India Private Limited | ₹20.9 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Vivideas Solutions Private Limited | ₹20.9 Cr (FY 2025) | 56.0% | Ahmedabad, Gujarat, India | |||
| Ntrust Infotech Private Limited | ₹20.88 Cr (FY 2021) | -81.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Codal Systems Private Limited, buy the company report.
Auditor
Codal Systems Private Limited is audited by SANDIP P MEHTA AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDIP P MEHTA AND CO. | FY 2023 | 128991W |
Shareholding
The shareholding of Codal Systems 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 Codal Systems Private Limited, buy the company report.
Legal cases
Codal Systems Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Codal Systems 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 Codal Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Codal Systems Private Limited has a workforce of 85 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Codal Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCC6684C1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Codal Systems Private Limited, buy the company report.
Recent activity
Codal Systems Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Dattatrey Kumar Narharilal Goyal was appointed as Director on 19 May 2014.
News
Frequently asked questions
Codal Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 May 2014 (12+ years old) and is registered under CIN U72200GJ2014PTC079556.
Codal Systems has 2 current directors:
- Dattatrey Kumar Narharilal Goyal - Director
- Mamtabahen Dattatreykumar Goyal - Director
The latest financial statements of Codal Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Codal Systems is 24AAFCC6684C1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Codal Systems is U72200GJ2014PTC079556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codal Systems has 1 court case on record: 1 filed against it.
Codal Systems was incorporated on 19 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Codal Systems by revenue are Frans Global Infotech Private Limited, Thinkproject India Private Limited, Freeflow Ventures Private Limited, Onpassive Technologies Private Limited, Qualitia Software Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dattatrey Kumar Narharilal Goyal was appointed as Director on 19 May 2014. Mamtabahen Dattatreykumar Goyal was appointed as Director on 19 May 2014.
Codal Systems can be reached through the website codal.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Codal Systems is at A – 202 Sarjan – 1 New C G Road Near Sakar School Chandkh, Eda, Ahmedabad, Gujarat, India – 382424.
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