About GTC Process Technology (India) Private Limited
Data last updated:
GTC Process Technology (India) Private Limited was a foreign private limited company based in Shirur, Maharashtra, India, operated as a subsidiary of Sulzer India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 February 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2013FTC200965. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.75 Cr. It was led by directors including Balaji Bakthisaran and Mallik Jambunathan.
Its last annual general meeting (AGM) was held on 25 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Gat No 304 At Kondhapuri, Shirur, Maharashtra, India – 412209.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.78 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹84.81 Lakh (net margin 17.7%) and EBITDA of ₹1.38 Cr (EBITDA margin 28.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company was associated with 1 brand: GTC Technology.
The last known website on record is gtctech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No 304 At Kondhapuri, Shirur, Maharashtra, India – 412209
- IndustryInformation Technology, IT Consulting & Support Services
- 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 GTC Process Technology (India) Private Limited
The main business activity of GTC Process Technology (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 GTC Process Technology (India) Private Limited FY 2023 filings available
GTC Process Technology (India) Private Limited reported revenue of ₹4.78 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of GTC Process Technology (India) Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 23% 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 GTC Process Technology (India) 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 | ₹4.78 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84.81 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 GTC Process Technology (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.7% | •••• | •••• | •••• | •••• |
| 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 GTC Process Technology (India) 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 GTC Process Technology (India) Private Limited
GTC Process Technology (India) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sechorizon Technologies Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Kolam Technical Services Private Limited | ₹4.78 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| HCX Global Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Navi Mumbai, Maharashtra, India |
| Wizikey Software Private Limited | ₹4.78 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Living Aquatic Systemz Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| GTC Process Technology (India) Private Limited this company | ₹4.78 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Shirur, Maharashtra, India |
| Cornerpixel Studios Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Ambuja Hospitals Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Bangalore, Karnataka, India |
| Hilab Equipments Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Vadodara, Gujarat, India |
| Khyati Global Private Limited | ₹4.77 Cr (FY 2025) | •••• | •••• | 175.0% | •••• | New Delhi, Delhi, India |
| Pentagon Network Solutions Private Limited | ₹4.77 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below GTC Process Technology (India) by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 GTC Process Technology (India) Private Limited
GTC Process Technology (India) Private Limited is audited by Virendra Vyas & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Virendra Vyas & 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 GTC Process Technology (India) Private Limited
GTC Process Technology (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Bakthisaran | Director | 11 Feb 2020 | 6 Years 8 Months | As last reported |
| Mallik Jambunathan | Director | 11 Feb 2020 | 6 Years 8 Months | As last reported |
| Alok Kumar Saxena | Director | 16 May 2015 | 11 Years 5 Months | As last reported |
Ownership and Shareholding of GTC Process Technology (India) 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 GTC Process Technology (India) Private Limited
GTC Process Technology (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with GTC Process Technology (India) Private Limited
GTC Process Technology (India) operates one associated brand: GTC Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Halal poultry products and specialized feed are manufactured. | gtctech.com |
Employees and EPFO Compliance at GTC Process Technology (India) Private Limited
Employment history and EPFO contributions of people linked to GTC Process Technology (India).
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.
CIN History of GTC Process Technology (India) Private Limited
GTC Process Technology (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999PN2013FTC200965, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999PN2013FTC200965 | Current |
| U74999HR2013FTC056907 | Previous |
| U74999MH2013FTC240520 | Previous |
Recent Activity on GTC Process Technology (India) Private Limited
GTC Process Technology (India) Private Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Pinti Wang ceased to be Director on 30 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for GTC Process Technology (India) 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 GTC Process Technology (India) 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 GTC Process Technology (India) 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 GTC Process Technology (India) Private Limited
GTC Process Technology (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 GTC Process Technology (India) 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 GTC Process Technology (India) Private Limited
GTC Process Technology (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
GTC Process Technology (India) was a foreign private limited company based in Shirur, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 15 February 2013 and is registered under CIN U74999PN2013FTC200965. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
GTC Process Technology (India) was incorporated on 15 February 2013. It is registered with the Registrar of Companies, Pune.
GTC Process Technology (India) had 3 directors:
- Balaji Bakthisaran - Director
- Mallik Jambunathan - Director
- Alok Kumar Saxena - Director
The CIN (Corporate Identification Number) of GTC Process Technology (India) is U74999PN2013FTC200965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of GTC Process Technology (India) is at Gat No 304 At Kondhapuri, Shirur, Maharashtra, India – 412209.
GTC Process Technology (India) can be reached through the website gtctech.com. Its registered office is in Shirur, Maharashtra, India.
GTC Process Technology (India) reported revenue of ₹4.78 Cr for FY 2023 (down 6% YoY).
GTC Process Technology (India) has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.75 Cr.
GTC Process Technology (India) reported a net profit of ₹84.81 Lakh (net margin 17.7%) and EBITDA of ₹1.38 Cr (EBITDA margin 28.9%) for FY 2023, as per its filed financial statements.
No. GTC Process Technology (India) has 3 GST registrations on record and all of them are cancelled or inactive.