MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-02-0063922
Ncrypts Innovations Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹3.11 Cr
▲ 223% YoY
Net profit · FY 2021
₹21.66 Lakh
Net margin 7%
EBITDA · FY 2021
₹43.83 Lakh
EBITDA margin 14.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
12
Provident fund records
Directors on board
2
As per MCA filings
About Ncrypts Innovations Private Limited
Data last updated:
Ncrypts Innovations Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC133470. Its GSTIN is 36AAGCN5730P1ZY (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sai Abhishek Rayarao (Managing Director) and Chakradhar Bandla.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.66 Lakh (net margin 7%) and EBITDA of ₹43.83 Lakh (EBITDA margin 14.1%).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Encrypts.
Ncrypts Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0063922). For more details, the company can be reached via its website theencrypts.com.
Company Details of Ncrypts Innovations Private Limited
CIN U72900TG2019PTC133470
Registration Number 133470
Incorporation Date 17 June 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0063922
Recognitions & Rankings of Ncrypts Innovations
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 16 – 11 – 405/77 & 78 Saimithara Arcade Sbi Officers Colony Moosarambagh Amber, Pet, Hyderabad, Telangana, India – 500036
- IndustryInformation Technology, Application Development & Software Solutions
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Associated Brands with Ncrypts Innovations Private Limited
Ncrypts Innovations operates one associated brand: The Encrypts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and digital marketing services to support business strategies. | theencrypts.com |
Business Activity of Ncrypts Innovations Private Limited
The main business activity of Ncrypts Innovations 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 |
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Turnover share and past changes in activity are in the company report.
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Financials of Ncrypts Innovations Private Limited FY 2021 filings available
Ncrypts Innovations Private Limited reported revenue of ₹3.11 Cr (up 223% YoY) for FY 2021.
Revenue · FY 2021
₹3.11 Cr ▲ 223%
Net profit · FY 2021
₹21.66 Lakh margin 7%
EBITDA · FY 2021
₹43.83 Lakh margin 14.1%
Compounded Annual Growth Rate (CAGR) of Ncrypts Innovations Private Limited
Revenue CAGR growth
1 year
▲ 223%
Revenue rose 223% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ncrypts Innovations Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.11 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹43.83 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹21.66 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 Ncrypts Innovations Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.1% | •••• |
| Net Profit Margin | 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 Ncrypts Innovations are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Ncrypts Innovations Private Limited
Ncrypts Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chakradhar Bandla Also directs: Goofyturtle India Private Limited | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
| Sai Abhishek Rayarao Also directs: Investpad LLP, Starfish Growth Partners LLP, Sridha Foods and Beverages Private Limited and 5 more | Managing Director | 17 Jun 2019 | 7 Years 4 Months | Current |
Peer Comparison of Ncrypts Innovations Private Limited
Ncrypts Innovations 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 |
|---|---|---|---|---|---|---|
| Btwo Solutions Private Limited | ₹3.12 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Jamshedpur, Jharkhand, India |
| Digital Walls Consulting Private Limited | ₹3.12 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Bangalore, Karnataka, India |
| Pixdig Marketing Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Nerul, Maharashtra, India |
| Skybox Security India Private Limited | ₹3.11 Cr (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Bcool Enterprises Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ncrypts Innovations Private Limited this company | ₹3.11 Cr (FY 2021) | •••• | •••• | 223.0% | •••• | Hyderabad, Telangana, India |
| Shree Pathology Laboratory Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Thane, Maharashtra, India |
| Delta Tau Data Systems India Private Limited | ₹3.11 Cr (FY 2017) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Noble Quality Evaluation Private Limited | ₹3.11 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Salvus Facility Management Solutions Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 627.0% | •••• | Gurgaon, Haryana, India |
| Rel-Invest Services Private Limited | ₹3.11 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ncrypts Innovations 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 Ncrypts Innovations Private Limited
Ncrypts Innovations Private Limited is audited by HIREMATH & RATHI for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HIREMATH & RATHI | Locked | Locked | Locked |
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Ownership and Shareholding of Ncrypts Innovations Private Limited
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Charges & Borrowings of Ncrypts Innovations Private Limited
Ncrypts Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ncrypts Innovations Private Limited
Ncrypts Innovations Private Limited has a workforce of 12 employees as of Mar 30, 2024.
Employee count
12
Active EPFO establishments
1
Employee growth
-50%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ncrypts Innovations Private Limited
Ncrypts Innovations Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Ragavendra Prasad Vattam ceased to be Director on 13 Aug 2020.
AGM
Ncrypts Innovations Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Ncrypts Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Ragavendra Prasad Vattam ceased to be Director.
Appointed
Chakradhar Bandla was appointed as Director.
Appointed
Sai Abhishek Rayarao was appointed as Managing Director.
Incorporation
17 Jun 2019
Ncrypts Innovations Private Limited was registered on 17 Jun 2019 with Roc Hyderabad & aged 7 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ncrypts Innovations Private Limited
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MSME Payment Delays by Ncrypts Innovations Private Limited
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Subsidiaries & Group Companies of Ncrypts Innovations Private Limited
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GST Compliance of Ncrypts Innovations Private Limited
Ncrypts Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCN5730P1ZY | Telangana | Active | 20 Jul 2019 |
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MCA Filings & Documents of Ncrypts Innovations Private Limited
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Frequently Asked Questions about Ncrypts Innovations Private Limited
Ncrypts Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 June 2019 (7+ years old) and is registered under CIN U72900TG2019PTC133470.
Ncrypts Innovations reported revenue of ₹3.11 Cr for FY 2021 (up 223% YoY).
Ncrypts Innovations has 2 current directors:
- Sai Abhishek Rayarao - Managing Director
- Chakradhar Bandla - Director
Ncrypts Innovations reported a net profit of ₹21.66 Lakh (net margin 7%) and EBITDA of ₹43.83 Lakh (EBITDA margin 14.1%) for FY 2021, as per its filed financial statements.
The GSTIN of Ncrypts Innovations is 36AAGCN5730P1ZY, registered in Telangana.
The CIN (Corporate Identification Number) of Ncrypts Innovations is U72900TG2019PTC133470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ncrypts Innovations was incorporated on 17 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ncrypts Innovations by revenue are Btwo Solutions Private Limited, Digital Walls Consulting Private Limited, Pixdig Marketing Private Limited, Skybox Security India Private Limited, Bcool Enterprises Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Ragavendra Prasad Vattam ceased to be Director on 13 Aug 2020. Chakradhar Bandla was appointed as Director on 17 Jun 2019. Sai Abhishek Rayarao was appointed as Managing Director on 17 Jun 2019.
Yes, Ncrypts Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0063922).
Ncrypts Innovations can be reached through the website theencrypts.com. Its registered office is in Hyderabad, Telangana, India.