About Radixbit Technologies Private Limited
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Radixbit Technologies 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 21 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2017PTC171072. Its GSTIN is 27AAICR3682A1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshal Dinkarrao Patil and Sachin Dnyanoba Gutte.
Its last annual general meeting (AGM) was held on 13 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Fl No K – 505 S No. 4/2 Madhukosh Apartments Ph III, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.29 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net profit of ₹24.97 Lakh (net margin 19.4%) and EBITDA of ₹33.75 Lakh (EBITDA margin 26.2%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three 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 radixbit.com.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressFl No K – 505 S No. 4/2 Madhukosh Apartments Ph III, Pune, Maharashtra, India – 411041
- 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 Radixbit Technologies Private Limited
The main business activity of Radixbit 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 | 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 Radixbit Technologies Private Limited FY 2022 filings available
Radixbit Technologies Private Limited reported revenue of ₹1.29 Cr (up 115% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Radixbit Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 178% over three years, including 115% growth in the latest year. EBITDA rose 514% 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 Radixbit Technologies 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.29 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.97 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 Radixbit Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.4% | •••• | •••• | •••• | •••• |
| 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 Radixbit Technologies are in the company report.
Financial statements from FY 2018
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 Radixbit Technologies Private Limited
Radixbit Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rao Information Technology Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Rajkot, Gujarat, India |
| Wenso Creative Solutions Private Limited | ₹1.29 Cr (FY 2021) | •••• | •••• | -18.0% | •••• | Hyderabad, Telangana, India |
| Dextrosoft Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Kolkata, West Bengal, India |
| Cloud Pencils Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 381.0% | •••• | Chennai, Tamil Nadu, India |
| Nine-Oh-Nine Technologies Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | •••• | Haryana, India | |
| Radixbit Technologies Private Limited this company | ₹1.29 Cr (FY 2022) | •••• | •••• | 115.0% | •••• | Pune, Maharashtra, India |
| Inavan India Technologies Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ernakulam, Kerala, India |
| Netensity Information Systems India Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Juntrax Solutions Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Fountain Hill Systems Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Thane, Maharashtra, India |
| Cursory Technologies Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Radixbit Technologies by revenue in the Information Technology industry (Application Development), 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 Radixbit Technologies Private Limited
Radixbit Technologies Private Limited is audited by Akash R Mantri & Associates for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Akash R Mantri & Associates | 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 Radixbit Technologies Private Limited
Radixbit Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshal Dinkarrao Patil | Director | 21 Jun 2017 | 9 Years 3 Months | Current |
| Sachin Dnyanoba Gutte Also directs: Sysweave Technocraft Private Limited | Director | 21 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Radixbit 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 Radixbit Technologies Private Limited
Radixbit Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Radixbit Technologies Private Limited
Employment history and EPFO contributions of people linked to Radixbit 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 Radixbit Technologies Private Limited
Radixbit Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Harshal Dinkarrao Patil was appointed as Director on 21 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Radixbit 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 Radixbit 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Radixbit 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 Radixbit Technologies Private Limited
Radixbit Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR3682A1ZF | Maharashtra | Active | 31 Aug 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 Radixbit 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 Radixbit Technologies Private Limited
Radixbit Technologies 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 21 June 2017 (9+ years old) and is registered under CIN U72200PN2017PTC171072.
Radixbit Technologies reported revenue of ₹1.29 Cr for FY 2022 (up 115% YoY).
Radixbit Technologies has 2 current directors:
- Harshal Dinkarrao Patil - Director
- Sachin Dnyanoba Gutte - Director
Radixbit Technologies reported a net profit of ₹24.97 Lakh (net margin 19.4%) and EBITDA of ₹33.75 Lakh (EBITDA margin 26.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Radixbit Technologies is 178% over three years. In the latest year (FY 2022) revenue rose 115%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Radixbit Technologies is 27AAICR3682A1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Radixbit Technologies is U72200PN2017PTC171072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radixbit Technologies was incorporated on 21 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Radixbit Technologies by revenue are Rao Information Technology Private Limited, Wenso Creative Solutions Private Limited, Dextrosoft Private Limited, Cloud Pencils Private Limited, Nine-Oh-Nine Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Harshal Dinkarrao Patil was appointed as Director on 21 Jun 2017. Sachin Dnyanoba Gutte was appointed as Director on 21 Jun 2017.
Radixbit Technologies can be reached through the website radixbit.com. Its registered office is in Pune, Maharashtra, India.