Novarigel Technologies Private Limited
About Novarigel Technologies Private Limited
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Novarigel Technologies Private Limited is a private limited company based in Bangaloare, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 22 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075451. Its GSTIN is 29AAECN7019H1ZA (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinayak Dattatraya Kudtarkar and Neeta Vinayak Kudtarkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 359 15th A Cross 2nd Stage 2nd Phase Mahalakshmipuram, Bangaloare, Karnataka, India – 560086.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.07 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.74 Lakh (net margin 8.8%) and EBITDA of ₹6.94 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 34% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 359 15th A Cross 2nd Stage 2nd Phase Mahalakshmipuram, Bangaloare, Karnataka, India – 560086
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Novarigel Technologies Private Limited
The main business activity of Novarigel Technologies 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 | 62 | 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 Novarigel Technologies Private Limited FY 2025 filings available
Novarigel Technologies Private Limited reported revenue of ₹54.07 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Novarigel Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 4% growth in the latest year. EBITDA rose 33% 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 Novarigel Technologies 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 | ₹6.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.74 Lakh | •••• | •••• | •••• | •••• |
| 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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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Novarigel Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.8% | •••• | •••• | •••• | •••• |
| 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 Novarigel Technologies 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 Novarigel Technologies Private Limited
Novarigel Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adg Solutions and Hospitality Private Limited | ₹54.18 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Manda, Titwala East, Maharashtra, India |
| Grid Design Solutions Private Limited | ₹54.14 Lakh (FY 2022) | •••• | •••• | -2.0% | •••• | Trivandrum, Kerala, India |
| Upkesama Private Limited | ₹54.13 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Rukanpura, Patna, Bihar, India |
| Mentor Technologies Private Limited | ₹54.11 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| S10 Technologies Private Limited | ₹54.08 Lakh (FY 2024) | •••• | •••• | 117.0% | •••• | Chennai, Tamil Nadu, India |
| Novarigel Technologies Private Limited this company | ₹54.07 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Bangaloare, Karnataka, India |
| Sky Shield Security & Services India Private Limited | ₹54.06 Lakh (FY 2023) | •••• | •••• | 55.0% | •••• | New Delhi, Delhi, India |
| Actionabl Infotech Private Limited | ₹54.06 Lakh (FY 2024) | •••• | •••• | 213.0% | •••• | Mumbai, Maharashtra, India |
| Vbsoft (India) Limited | ₹54.05 Lakh (FY 2022) | •••• | •••• | -57.0% | •••• | Ahmedabad, Gujarat, India |
| Erudite Reqroots Private Limited | ₹54.01 Lakh (FY 2024) | •••• | •••• | 58.0% | •••• | Coimbatore, Tamil Nadu, India |
| K. K. Facility Services Private Limited | ₹54 Lakh (FY 2020) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Novarigel Technologies by revenue in the Outsourcing industry (HR Outsourcing, IT Consulting and Services), 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 Novarigel Technologies Private Limited
Novarigel Technologies Private Limited is audited by SUDARSHAN ABILESH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDARSHAN ABILESH & 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 Novarigel Technologies Private Limited
Novarigel Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Dattatraya Kudtarkar | Director | 17 Jun 2019 | 7 Years 3 Months | Current |
| Neeta Vinayak Kudtarkar | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Novarigel Technologies 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 Novarigel Technologies Private Limited
Novarigel Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novarigel Technologies Private Limited
Employment history and EPFO contributions of people linked to Novarigel Technologies.
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 Novarigel Technologies Private Limited
Novarigel Technologies Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Sunil Kumar Makhija ceased to be Director on 31 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Novarigel Technologies 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 Novarigel Technologies 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
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Subsidiaries & Group Companies of Novarigel Technologies 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 Novarigel Technologies Private Limited
Novarigel Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN7019H1ZA | Karnataka | 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 Novarigel Technologies 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 Novarigel Technologies Private Limited
Novarigel Technologies is an active private limited company based in Bangaloare, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 22 July 2014 (12+ years old) and is registered under CIN U72200KA2014PTC075451.
Novarigel Technologies reported revenue of ₹54.07 Lakh for FY 2025 (up 4% YoY).
Novarigel Technologies has 2 current directors:
- Vinayak Dattatraya Kudtarkar - Director
- Neeta Vinayak Kudtarkar - Director
Novarigel Technologies reported a net profit of ₹4.74 Lakh (net margin 8.8%) and EBITDA of ₹6.94 Lakh (EBITDA margin 12.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novarigel Technologies is 30% over three years and 34% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novarigel Technologies is 29AAECN7019H1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Novarigel Technologies is U72200KA2014PTC075451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novarigel Technologies was incorporated on 22 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Novarigel Technologies by revenue are Adg Solutions and Hospitality Private Limited, Grid Design Solutions Private Limited, Upkesama Private Limited, Mentor Technologies Private Limited, S10 Technologies Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, IT Consulting and Services).
Sunil Kumar Makhija ceased to be Director on 31 Dec 2021. Neeta Vinayak Kudtarkar was appointed as Director on 07 Dec 2021. Kavita Makhija ceased to be Director on 17 Jun 2019. Novarigel Technologies has 4 board changes on record in total.
The registered office of Novarigel Technologies is at No 359 15th A Cross 2nd Stage 2nd Phase Mahalakshmipuram, Bangaloare, Karnataka, India – 560086.