Effcode Technologies Private Limited

Effcode Technologies Private Limited - information technology in Thergaon, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300PN2016PTC158967 Incorporated 23 March 2016 ROC Pune HQ Thergaon, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Revenue · FY 2023
₹18.82 Lakh
▲ 27% YoY
Net loss · FY 2023
₹9.05 Lakh
Net margin -48.1%
EBITDA · FY 2023
-₹9.05 Lakh
EBITDA margin -48.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Effcode Technologies Private Limited

Data last updated:

Effcode Technologies Private Limited is a private limited company based in Thergaon, Maharashtra, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 23 March 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72300PN2016PTC158967.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Codeef Technologies Private Limited and Nirmal It Solutions & Consultants Private Limited. It is led by directors Sagar Ghantode and Amit Jaivant Chavan.

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 S No 15/3/1 Santosh Nagar Near Akshay Park, Thergaon, Maharashtra, India – 411033.

As per the financials filed for FY 2023, the company reported a revenue of ₹18.82 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹9.05 Lakh (net margin -48.1%) and EBITDA of -₹9.05 Lakh (EBITDA margin -48.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.

Effcode Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0124799). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website effcode.in.

Company details

CIN U72300PN2016PTC158967
Registration Number 158967
Incorporation Date 23 March 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0124799

Name history

Effcode Technologies has undergone 2 name changes throughout its history. The company was previously known as Codeef Technologies Private Limited, and Nirmal It Solutions & Consultants Private Limited. The current legal name is Effcode Technologies Private Limited.

Company NameStatus
Effcode Technologies Private LimitedCurrent
Codeef Technologies Private LimitedPrevious
Nirmal It Solutions & Consultants Private LimitedPrevious

Recognitions & Rankings of Effcode Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0124799

Contact details

Effcode Technologies Private Limited's registered office is in Thergaon, Maharashtra. Its website is effcode.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    S No 15/3/1 Santosh Nagar Near Akshay Park, Thergaon, Maharashtra, India – 411033
  • Industry
    Information Technology, Consultancy, Computer Programming

To see the full contact details of Effcode Technologies Private Limited, buy the company report.

Comprehensive company report
Effcode Technologies Private 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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Business activity

The main business activity of Effcode Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Effcode Technologies Private Limited, buy the company report.

Financials of Effcode Technologies Private Limited

FY 2023 filings available

Effcode Technologies Private Limited reported revenue of ₹18.82 Lakh (up 27% YoY) for FY 2023.

Revenue · FY 2023
₹18.82 Lakh ▲ 27%
Net loss · FY 2023
₹9.05 Lakh margin -48.1%
EBITDA · FY 2023
-₹9.05 Lakh margin -48.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 3%
5 years · compounded
▼ 22%

Revenue has grown at a compounded annual rate (CAGR) of 38% over three years, including 27% growth in the latest year. EBITDA fell 74% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹9.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.05 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-48.1%
Net Profit Margin-48.1%
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 Effcode Technologies Private Limited, buy the company report.

Board of directors of Effcode Technologies Private Limited

Effcode Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sagar GhantodeDirector17 Mar 20188 Years 7 MonthsCurrent
Amit Jaivant ChavanDirector17 Mar 20188 Years 7 MonthsCurrent

Peer comparison

Effcode Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Parishudh Services Private Limited₹18.87 Lakh (FY 2025)23.0%Bangalore, Karnataka, India
J and D Communications Private Limited₹18.86 Lakh (FY 2025)32.0%Bhusawal, Maharashtra, India
Coda Payments India Private Limited₹18.85 Lakh (FY 2025)-79.0%Chennai, Tamil Nadu, India
Leeway Roots India Private Limited₹18.85 Lakh (FY 2019)134.0%Lucknow, Uttar Pradesh, India
Europeandmc Private Limited₹18.85 Lakh (FY 2022)99297.0%New Delhi, Delhi, India
Effcode Technologies Private Limitedthis company₹18.82 Lakh (FY 2023)-₹9.05 Lakh-48.1%27.0%Thergaon, Maharashtra, India
Myyshopp Ecommerce Technologies Private Limited₹18.82 Lakh (FY 2023)-43.0%Pune, Maharashtra, India
Cynna India Private Limited₹18.82 Lakh (FY 2018)29.0%New Delhi, Delhi, India
Anmey Marriagewale Services Private Limited₹18.82 Lakh (FY 2024)12.0%Kolhapur, Maharashtra, India
Infotura Technologies Private Limited₹18.82 Lakh (FY 2023)-4.0%Ernakulam, Kerala, India
Rangan Biotech (OPC) Private Limited₹18.82 Lakh (FY 2025)44.0%Howrah, West Bengal, India

To see the full peer comparison of Effcode Technologies Private Limited, buy the company report.

Auditor

Effcode Technologies Private Limited is audited by R. S BUTALA AND CO. CHARTERED ACCOUNTANTS for the financial year 2017.

Auditor firmFinancial yearFirm registration number
R. S BUTALA AND CO. CHARTERED ACCOUNTANTSFY 2017144219W

Shareholding

The shareholding of Effcode Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Effcode Technologies Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Effcode Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Effcode Technologies Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Umesh Maruti Nesari ceased to be Director on 30 Mar 2022.

AGM
Effcode Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Effcode Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Umesh Maruti Nesari ceased to be Director.
Ceased
Nikhil Shivputra Sakhare ceased to be Director.
Appointed
Amit Jaivant Chavan was appointed as Director.
Appointed
Sagar Ghantode was appointed as Director.
Incorporation
23 Mar 2016
Effcode Technologies Private Limited was registered on 23 Mar 2016 with Roc Pune & aged 10 years 7 months as per MCA records.

Frequently asked questions

Effcode Technologies is an active private limited company based in Thergaon, Maharashtra, India. The company works in consultancy, within the information technology industry. It was incorporated on 23 March 2016 (10+ years old) and is registered under CIN U72300PN2016PTC158967.

Effcode Technologies has 2 current directors:

The latest financial statements of Effcode Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.

The CIN (Corporate Identification Number) of Effcode Technologies is U72300PN2016PTC158967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Effcode Technologies was incorporated on 23 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Effcode Technologies by revenue are Parishudh Services Private Limited, J and D Communications Private Limited, Coda Payments India Private Limited, Leeway Roots India Private Limited, Europeandmc Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Umesh Maruti Nesari ceased to be Director on 30 Mar 2022. Nikhil Shivputra Sakhare ceased to be Director on 25 Jul 2018. Amit Jaivant Chavan was appointed as Director on 17 Mar 2018. Effcode Technologies has 4 board changes on record in total.

Yes, Effcode Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0124799).

Effcode Technologies can be reached through the website effcode.in. Its registered office is in Thergaon, Maharashtra, India.

The registered office of Effcode Technologies is at S No 1531 Santosh Nagar Near Akshay Park, Thergaon, Maharashtra, India – 411033.

Effcode Technologies operates in the information technology industry, in the consultancy segment.