Northakross Technologies Private Limited

Northakross Technologies Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2015PTC268978 Incorporated 07 October 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹5.47 Cr
▼ 10% YoY
Net loss · FY 2024
₹49.41 Lakh
Net margin -9%
EBITDA · FY 2024
-₹46.62 Lakh
EBITDA margin -8.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Northakross Technologies Private Limited

Data last updated:

Northakross Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 07 October 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC268978. Its GSTIN is 27AAFCN0860P1Z1 (Maharashtra).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Deepa Shah Tapan and Amit Doshi.

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 Unit (12 – B) 3rd Floor Techniplex II Opp.Techniplex 1, S.V.Road Goregaon (W) Mumbai, Maharashtra, India – 400104.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.47 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹49.41 Lakh (net margin -9%) and EBITDA of -₹46.62 Lakh (EBITDA margin -8.5%). Revenue has grown at a compounded annual rate (CAGR) of 212% over three years and 380% over five years.

The company is associated with 1 brand: Northakross. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in January 2022.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website northakross.com.

Company details

CIN U74999MH2015PTC268978
Registration Number 268978
Incorporation Date 07 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Northakross Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is northakross.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Unit (12 – B) 3rd Floor Techniplex II Opp.Techniplex 1, S.V.Road Goregaon (W) Mumbai, Maharashtra, India – 400104
  • Industry
    Financial Services, Digital Payment Solutions

To see the full contact details of Northakross Technologies Private Limited, buy the company report.

Comprehensive company report
Northakross Technologies Private Limited - one report that includes everything
  • 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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Brands

Northakross Technologies operates one associated brand: Northakross. Each brand links to its own profile.

BrandDescriptionWebsite
White-label payment solutions are offered to banks and merchants.northakross.com

Business activity

The main business activity of Northakross Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Northakross Technologies Private Limited, buy the company report.

Financials of Northakross Technologies Private Limited

FY 2024 filings available

Northakross Technologies Private Limited reported revenue of ₹5.47 Cr (down 10% YoY) for FY 2024.

Revenue · FY 2024
₹5.47 Cr ▼ 10%
Net loss · FY 2024
₹49.41 Lakh margin -9%
EBITDA · FY 2024
-₹46.62 Lakh margin -8.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 212%
5 years · compounded
▲ 380%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 1%
5 years · compounded
▼ 6%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 380%. EBITDA fell 77% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹46.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹49.41 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-8.5%
Net Profit Margin-9%
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

To see the full financial statements and ratios of Northakross Technologies Private Limited, buy the company report.

Board of directors of Northakross Technologies Private Limited

Northakross Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepa Shah TapanAdditional Director07 Apr 20251 Years 7 MonthsCurrent
Amit DoshiAdditional Director07 Apr 20251 Years 7 MonthsCurrent
Ranganathan PrabhuAdditional Director11 Apr 20251 Years 6 MonthsCurrent

Auditor

Northakross Technologies Private Limited is audited by MN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MN & COFY 2023130434W

Shareholding

The shareholding of Northakross Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Northakross Technologies Private Limited, buy the company report.

Deals & funding

Northakross Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in January 2022.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Jan 2022Secondary share transferUndisclosedBuyer: Bankim Bhagvatiprasad Joshi, Mahek Bankim Joshi, Neha Bankim Joshi
Seller: Brinda Bankim Joshi
Jun 2018Secondary share transferUndisclosedBuyer: Bankim Bhagvatiprasad Joshi, 2 individuals
Seller: Brinda Bankim Joshi, Bankim Bhagvatiprasad Joshi
Dec 2017Rights issue₹14 LakhInvestors: Brinda Bankim Joshi, Neha Bankim Joshi, Bankim Bhagvatiprasad Joshi, an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Northakross Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Northakross Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCN0860P1Z1MaharashtraActive13 Sep 2017

To see the full GST registrations and return filing status of Northakross Technologies Private Limited, buy the company report.

Recent activity

Northakross Technologies Private Limited has 8 board changes on record since 2015: 5 appointments and 3 cessations. The latest: Bankim Bhagvatiprasad Joshi ceased to be Director on 28 Apr 2025.

Ceased
Bankim Bhagvatiprasad Joshi ceased to be Director.
Ceased
Mita Amit Doshi ceased to be Director.
Ceased
Neha Bankim Joshi ceased to be Director.
Appointed
Ranganathan Prabhu was appointed as Additional Director.
Appointed
Amit Doshi was appointed as Additional Director.
Appointed
Deepa Shah Tapan was appointed as Additional Director.
AGM
Northakross Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Northakross Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Mita Amit Doshi was appointed as Director.
Appointed
Neha Bankim Joshi was appointed as Director.
Incorporation
07 Oct 2015
Northakross Technologies Private Limited was registered on 07 Oct 2015 with Roc Mumbai & aged 11 years 1 month as per MCA records.

Frequently asked questions

Northakross Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 07 October 2015 (11+ years old) and is registered under CIN U74999MH2015PTC268978.

Northakross Technologies has 3 current directors:

The latest financial statements of Northakross Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Northakross Technologies is 27AAFCN0860P1Z1, registered in Maharashtra.

The CIN (Corporate Identification Number) of Northakross Technologies is U74999MH2015PTC268978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Northakross Technologies was incorporated on 07 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Northakross Technologies has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in January 2022.

Bankim Bhagvatiprasad Joshi ceased to be Director on 28 Apr 2025. Mita Amit Doshi ceased to be Director on 28 Apr 2025. Neha Bankim Joshi ceased to be Director on 28 Apr 2025. Northakross Technologies has 8 board changes on record in total.

Northakross Technologies can be reached through the website northakross.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Northakross Technologies is at Unit 12 – B 3rd Floor Techniplex II Opp.Techniplex 1, S.V.Road Goregaon W Mumbai, Maharashtra, India – 400104.