About Nividous Software Solutions Private Limited
Data last updated:
Nividous Software Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2011PTC220249. Its GSTIN is 27AADCN6917D1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹90 Lakh. It is led by directors Kaushal Arunkumar Mashruwala and Shvetal Desai Tushar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office 101 Balarama Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.04 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹9.81 Cr (net margin 10.8%) and EBITDA of ₹14.96 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 27% over five years.
The company has about 251 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nividous.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nividous.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice 101 Balarama Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- 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 Nividous Software Solutions Private Limited
The main business activity of Nividous Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Nividous Software Solutions Private Limited FY 2024 filings available
Nividous Software Solutions Private Limited reported revenue of ₹91.04 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nividous Software Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 18% growth in the latest year. EBITDA rose 38% 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 Nividous Software Solutions 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.81 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nividous Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.8% | •••• | •••• | •••• | •••• |
| 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 Nividous Software Solutions 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 Nividous Software Solutions Private Limited
Nividous Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wormwoods Technologies Private Limited | ₹93.07 Cr (FY 2016) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Deltatech Gaming Limited | ₹92.93 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| TP Vision India Private Limited | ₹92.87 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Frontdoor India Private Limited | ₹92.47 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Motive India Private Limited | ₹92.35 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Bangalore, Karnataka, India |
| Nividous Software Solutions Private Limited this company | ₹91.04 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| 4I Apps Solutions Private Limited | ₹90.91 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| CRG Solutions Private Limited | ₹89.91 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Palred Technologies Limited Listed | ₹89.77 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
| Multicoreware India Private Limited | ₹89.73 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Kinsfolk Technology Private Limited | ₹89.41 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nividous Software Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Nividous Software Solutions Private Limited
Nividous Software Solutions Private Limited is audited by U. C. Shah & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| U. C. Shah & 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 Nividous Software Solutions Private Limited
Nividous Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Arunkumar Mashruwala | Director | 27 Jul 2011 | 15 Years 2 Months | Current |
| Shvetal Desai Tushar | Director | 27 Jul 2011 | 15 Years 2 Months | Current |
Ownership and Shareholding of Nividous Software Solutions 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 Nividous Software Solutions Private Limited
Nividous Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Nividous Software Solutions Private Limited
Nividous Software Solutions operates one associated brand: Nividous. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers RPA, AI, and low-code solutions for automating business processes across industries. | nividous.com |
Employees and EPFO Compliance at Nividous Software Solutions Private Limited
Nividous Software Solutions Private Limited has a workforce of 251 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.
News related to Nividous Software Solutions Private Limited
Recent Activity on Nividous Software Solutions Private Limited
Nividous Software Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Kaushal Arunkumar Mashruwala was appointed as Director on 27 Jul 2011.
Credit Ratings, Litigation & Regulatory Alerts for Nividous Software Solutions 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 Nividous Software Solutions 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 Nividous Software Solutions 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 Nividous Software Solutions Private Limited
Nividous Software Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN6917D1ZI | Maharashtra | Active | 01 Jul 2017 |
| 24AADCN6917D1ZO | Gujarat | Active | 01 Jul 2017 |
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 Nividous Software Solutions 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 Nividous Software Solutions Private Limited
Nividous Software Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 July 2011 (15+ years old) and is registered under CIN U72900MH2011PTC220249.
Nividous Software Solutions reported revenue of ₹91.04 Cr for FY 2025 (up 18% YoY).
Nividous Software Solutions has 2 current directors:
- Kaushal Arunkumar Mashruwala - Director
- Shvetal Desai Tushar - Director
Nividous Software Solutions reported a net profit of ₹9.81 Cr (net margin 10.8%) and EBITDA of ₹14.96 Cr (EBITDA margin 16.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nividous Software Solutions is 10% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nividous Software Solutions is 27AADCN6917D1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCN6917D1ZO (Gujarat).
The CIN (Corporate Identification Number) of Nividous Software Solutions is U72900MH2011PTC220249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nividous Software Solutions was incorporated on 27 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nividous Software Solutions by revenue are Wormwoods Technologies Private Limited, Deltatech Gaming Limited, TP Vision India Private Limited, Frontdoor India Private Limited, Motive India Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Kaushal Arunkumar Mashruwala was appointed as Director on 27 Jul 2011. Shvetal Desai Tushar was appointed as Director on 27 Jul 2011.
Nividous Software Solutions can be reached through the website nividous.com. Its registered office is in Mumbai, Maharashtra, India.