About Commtex Solutions Private Limited
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Commtex 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 08 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2005PTC157493. Its GSTIN is 27AACCC7129H3ZM (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sameer Shripad Wagh (Managing Director) and Vinda Sameer Wagh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8/160 Sitaram Bhuvansir Bhalchandra Road Hindu Colony Dadar (E), Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.95 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹16.77 Lakh and EBITDA of -₹16.62 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 22% over five years.
The company is associated with 1 brand: Commtex Solutions.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website poweracademy.in.
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- Website
- Social Media
- Registered Address8/160 Sitaram Bhuvansir Bhalchandra Road Hindu Colony Dadar (E), Mumbai, Maharashtra, India – 400014
- 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
Business Activity of Commtex Solutions Private Limited
The main business activity of Commtex Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Commtex Solutions Private Limited FY 2023 filings available
Commtex Solutions Private Limited reported revenue of ₹2.95 Lakh (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Commtex Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 15% fall in the latest year. EBITDA fell 34% 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 Commtex Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.95 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹16.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.77 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 Commtex Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Commtex 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 Commtex Solutions Private Limited
Commtex 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 |
|---|---|---|---|---|---|---|
| E-Learn Media Private Limited | ₹2.96 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Chennai, Tamil Nadu, India |
| Elton Technologies Private Limited | ₹2.96 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Kochi, Kerala, India |
| Charms Creations Private Limited | ₹2.96 Lakh (FY 2024) | •••• | •••• | -95.0% | •••• | New Delhi, Delhi, India |
| Datahive Labs Private Limited | ₹2.95 Lakh (FY 2024) | •••• | •••• | 205.0% | •••• | Bangalore, Karnataka, India |
| Verisign India Private Limited | ₹2.95 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Commtex Solutions Private Limited this company | ₹2.95 Lakh (FY 2023) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Roosh Interactive Private Limited | ₹2.95 Lakh (FY 2024) | •••• | •••• | -75.0% | •••• | Mumbai, Maharashtra, India |
| Vertex Overseas Private Limited | ₹2.94 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Uttar Pradesh, India |
| KK Software Global IT Services Private Limited | ₹2.94 Lakh (FY 2019) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Samcys Technologies Private Limited | ₹2.93 Lakh (FY 2021) | •••• | •••• | 102.0% | •••• | Chennai, Tamil Nadu, India |
| Apyrn Labs Private Limited | ₹2.92 Lakh (FY 2025) | •••• | •••• | 634.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Commtex 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 Commtex Solutions Private Limited
Commtex Solutions Private Limited is audited by Nilesh Deo and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nilesh Deo and Associates | 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 Commtex Solutions Private Limited
Commtex Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinda Sameer Wagh | Director | 23 Nov 2005 | 20 Years 10 Months | Current |
| Sameer Shripad Wagh | Managing Director | 23 Nov 2005 | 20 Years 10 Months | Current |
Ownership and Shareholding of Commtex 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 Commtex Solutions Private Limited
Commtex Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Commtex Solutions Private Limited
Commtex Solutions operates one associated brand: Commtex Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, services, and products for businesses and individuals. | commtexsolutions.com |
Employees and EPFO Compliance at Commtex Solutions Private Limited
Employment history and EPFO contributions of people linked to Commtex 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 Commtex Solutions Private Limited
Commtex Solutions Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Sameer Shripad Wagh was appointed as Managing Director on 23 Nov 2005.
Credit Ratings, Litigation & Regulatory Alerts for Commtex 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 Commtex 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 Commtex 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 Commtex Solutions Private Limited
Commtex Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC7129H3ZM | Maharashtra | Active | 05 Feb 2021 |
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 Commtex 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 Commtex Solutions Private Limited
Commtex 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 08 November 2005 (21+ years old) and is registered under CIN U72900MH2005PTC157493.
Commtex Solutions reported revenue of ₹2.95 Lakh for FY 2023 (down 15% YoY).
Commtex Solutions has 2 current directors:
- Sameer Shripad Wagh - Managing Director
- Vinda Sameer Wagh - Director
Commtex Solutions reported a net loss of ₹16.77 Lakh and EBITDA of -₹16.62 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Commtex Solutions is 89% over three years and -22% over five years. In the latest year (FY 2023) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Commtex Solutions is 27AACCC7129H3ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Commtex Solutions is U72900MH2005PTC157493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Commtex Solutions was incorporated on 08 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Commtex Solutions by revenue are E-Learn Media Private Limited, Elton Technologies Private Limited, Charms Creations Private Limited, Datahive Labs Private Limited, Verisign India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Sameer Shripad Wagh was appointed as Managing Director on 23 Nov 2005. Vinda Sameer Wagh was appointed as Director on 23 Nov 2005.
Commtex Solutions can be reached through the website poweracademy.in. Its registered office is in Mumbai, Maharashtra, India.