About Nextech Services Private Limited
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Nextech Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC165566. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashant Jaysing Raskar and Ravindra Sakharam Naikwade.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Fl No.A – 303 Sai Aamrai S No.02 Behind Ashok Leyla, Pune, Maharashtra, India – 411046.
As per the financials filed for FY 2022, the company reported a revenue of ₹48,000, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹9,810 (net margin -20.4%) and EBITDA of -₹7,320 (EBITDA margin -15.2%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextechservices.in.
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- Website
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- Registered AddressFl No.A – 303 Sai Aamrai S No.02 Behind Ashok Leyla, Pune, Maharashtra, India – 411046
- 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
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Business Activity of Nextech Services Private Limited
The main business activity of Nextech Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Nextech Services Private Limited FY 2022 filings available
Nextech Services Private Limited reported revenue of ₹48,000 (down 96% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Nextech Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 96% fall in the latest year. EBITDA fell 102% 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 Nextech Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹48,000 | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7,320 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9,810 | •••• | •••• | •••• | •••• |
| 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 Nextech Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.4% | •••• | •••• | •••• | •••• |
| 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 Nextech Services are in the company report.
Financial statements from FY 2017
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 Nextech Services Private Limited
Nextech Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| JNP Technologies Private Limited | ₹48,278 (FY 2020) | •••• | •••• | •••• | Patna, Bihar, India | |
| Popbox Private Limited | ₹48,273 (FY 2022) | •••• | •••• | 770.0% | •••• | Delhi, India |
| Myalgolabs Tech Private Limited | ₹48,210 (FY 2025) | •••• | •••• | -96.0% | •••• | Mysore, Karnataka, India |
| Ap Infoarts Private Limited | ₹48,050 (FY 2025) | •••• | •••• | 12.0% | •••• | Rourkela, Odisha, India |
| Nextech Services Private Limited this company | ₹48,000 (FY 2022) | •••• | •••• | -96.0% | •••• | Pune, Maharashtra, India |
| Facisol Infotech Private Limited | ₹48,000 (FY 2022) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Wavai Surveillance Private Limited | ₹48,000 (FY 2025) | •••• | •••• | 300.0% | •••• | New Delhi, Delhi, India |
| Livbig Technologies Private Limited | ₹48,000 (FY 2025) | •••• | •••• | -58.0% | •••• | Chennai, Tamil Nadu, India |
| DZN Mechotecho Private Limited | ₹48,000 (FY 2021) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Collaboration Systems Private Limited | ₹48,000 (FY 2025) | •••• | •••• | -70.0% | •••• | Bhubaneswar, Odisha, India |
| Globaltnc Software and Consulting Private Limited | ₹48,000 (FY 2023) | •••• | •••• | -95.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Nextech Services by revenue in the same principal business activity (Computer programming, consultancy and related 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 Nextech Services Private Limited
Nextech Services Private Limited is audited by S P A K & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P A K & 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 Nextech Services Private Limited
Nextech Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Jaysing Raskar | Director | 18 Jul 2016 | 10 Years 2 Months | Current |
| Ravindra Sakharam Naikwade | Director | 18 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Nextech Services 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 Nextech Services Private Limited
Nextech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nextech Services Private Limited
Employment history and EPFO contributions of people linked to Nextech Services.
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 Nextech Services Private Limited
Nextech Services Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Prashant Jaysing Raskar was appointed as Director on 18 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Nextech Services 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 Nextech Services 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 Nextech Services 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 Nextech Services Private Limited
Nextech Services has 1 GST registration on record, and it has been cancelled or is 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 Nextech Services 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 Nextech Services Private Limited
Nextech Services is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 July 2016 (10+ years old) and is registered under CIN U72900PN2016PTC165566.
Nextech Services reported revenue of ₹48,000 for FY 2022 (down 96% YoY).
Nextech Services has 2 current directors:
- Prashant Jaysing Raskar - Director
- Ravindra Sakharam Naikwade - Director
Nextech Services reported a net loss of ₹9,810 (net margin -20.4%) and EBITDA of -₹7,320 (EBITDA margin -15.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nextech Services is -58% over three years and -36% over five years. In the latest year (FY 2022) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
No. Nextech Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nextech Services is U72900PN2016PTC165566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextech Services was incorporated on 18 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Nextech Services by revenue are JNP Technologies Private Limited, Popbox Private Limited, Myalgolabs Tech Private Limited, Ap Infoarts Private Limited, Facisol Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Prashant Jaysing Raskar was appointed as Director on 18 Jul 2016. Ravindra Sakharam Naikwade was appointed as Director on 18 Jul 2016.
Nextech Services can be reached through the website nextechservices.in. Its registered office is in Pune, Maharashtra, India.