Flash Theory Private Limited
About Flash Theory Private Limited
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Flash Theory Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72900MH2021PTC353716. Its GSTIN is 27AAECF4076C1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aniket Anand Ghate and Arjun Girish Dewani.
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 H.No.2251/A/28 Near By Automotive Showrom Kalamna, Nagpur, Maharashtra, India – 440026.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.01 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Lakh (net margin 8.8%) and EBITDA of ₹1.42 Lakh (EBITDA margin 8.8%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
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- Registered AddressH.No.2251/A/28 Near By Automotive Showrom Kalamna, Nagpur, Maharashtra, India – 440026
- 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 Flash Theory Private Limited
The main business activity of Flash Theory is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | 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 Flash Theory Private Limited FY 2025 filings available
Flash Theory Private Limited reported revenue of ₹16.01 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flash Theory Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 28% fall in the latest year. EBITDA rose 267% 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 Flash Theory Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.4 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 Flash Theory Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.8% | •••• | •••• | •••• | •••• |
| 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 Flash Theory are in the company report.
Financial statements from FY 2021
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 Flash Theory Private Limited
Flash Theory Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sparkline Mercantile Company Private Limited | ₹16.11 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Mumbai, Maharashtra, India |
| Stone Water Leather Exports India Private Limited | ₹16.11 Lakh (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Vivy Trading and Services Private Limited | ₹16.07 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Bangalore, Karnataka, India |
| Novetra Laboratories Private Limited | ₹16.04 Lakh (FY 2025) | •••• | •••• | 6460.0% | •••• | Thane, Maharashtra, India |
| Marna Export Private Limited | ₹16.03 Lakh (FY 2025) | •••• | •••• | 114.0% | •••• | Siolim, Goa, India |
| Flash Theory Private Limited this company | ₹16.01 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Nagpur, Maharashtra, India |
| Deltaspharrma Private Limited | ₹16 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Thane, Maharashtra, India |
| Medhansh Win-Sys Private Limited | ₹16 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Skaish International Private Limited | ₹16 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Kolhapur, Maharashtra, India |
| Healthx Enterprises Private Limited | ₹15.98 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | Mangalore, Karnataka, India |
| Global Prestige Doors and Windows Private Limited | ₹15.86 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Flash Theory by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles), 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 Flash Theory Private Limited
Flash Theory Private Limited is audited by VINOD VISHAL & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD VISHAL & 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 Flash Theory Private Limited
Flash Theory has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniket Anand Ghate | Director | 25 Mar 2023 | 3 Years 6 Months | Current |
| Arjun Girish Dewani Also directs: Premier Cash & Carry Private Limited, Wine King Private Limited | Director | 15 Feb 2026 | 0 Years 7 Months | Current |
Ownership and Shareholding of Flash Theory 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 Flash Theory Private Limited
Flash Theory Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flash Theory Private Limited
Flash Theory Private Limited has a workforce of 0 employees as of Apr 06, 2024.
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 Flash Theory Private Limited
Flash Theory Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Arjun Girish Dewani was appointed as Director on 15 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Flash Theory 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 Flash Theory 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 Flash Theory 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 Flash Theory Private Limited
Flash Theory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF4076C1ZT | Maharashtra | Active | 15 Mar 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 Flash Theory 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 Flash Theory Private Limited
Flash Theory is an active private limited company based in Nagpur, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 January 2021 (5+ years old) and is registered under CIN U72900MH2021PTC353716.
Flash Theory reported revenue of ₹16.01 Lakh for FY 2025 (down 28% YoY).
Flash Theory has 2 current directors:
- Aniket Anand Ghate - Director
- Arjun Girish Dewani - Director
Flash Theory reported a net profit of ₹1.4 Lakh (net margin 8.8%) and EBITDA of ₹1.42 Lakh (EBITDA margin 8.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flash Theory is -21% over three years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flash Theory is 27AAECF4076C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flash Theory is U72900MH2021PTC353716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flash Theory was incorporated on 19 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Flash Theory by revenue are Sparkline Mercantile Company Private Limited, Stone Water Leather Exports India Private Limited, Vivy Trading and Services Private Limited, Novetra Laboratories Private Limited, Marna Export Private Limited and 5 more, all in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles).
Arjun Girish Dewani was appointed as Director on 15 Feb 2026. Akshay Umesh Zadgaonkar ceased to be Director on 25 Mar 2023. Aniket Anand Ghate was appointed as Director on 25 Mar 2023. Flash Theory has 4 board changes on record in total.
The registered office of Flash Theory is at H.No.2251A28 Near By Automotive Showrom Kalamna, Nagpur, Maharashtra, India – 440026.