Tax Tech India Private Limited

Tax Tech India Private Limited - information technology in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2003PTC042564 Incorporated 02 July 2003 ROC Ahmedabad HQ Gandhinagar, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹29.22 Cr
▲ 1% YoY
Net profit · FY 2025
₹2.28 Cr
Net margin 7.8%
EBITDA · FY 2025
₹3.64 Cr
EBITDA margin 12.4%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.4 Cr
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
376
Provident fund records
Directors on board
3
As per MCA filings

About Tax Tech India Private Limited

Data last updated:

Tax Tech India Private Limited is a private limited company based in Gandhinagar, Gujarat, India, a subsidiary of Tax Technologies Inc., Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 July 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2003PTC042564. Its GSTIN is 24AABCT8854B1ZG (Gujarat).

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.4 Cr. It is led by directors including Naren Patel and Jae Duk Choi.

Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gandhinagar, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹29.22 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 7.8%) and EBITDA of ₹3.64 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.

The company has about 376 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Tax Technologies. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.

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

Company details

CIN U72200GJ2003PTC042564
Registration Number 042564
Incorporation Date 02 July 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Tax Technologies Inc., Usa
Compliance Status Active Compliant

Contact details

Tax Tech India Private Limited's registered office is in Gandhinagar, Gujarat. Its website is taxtechnologies.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kh – 0 North Star Building Sargasan Cross Road On S.G. Highway Sar, Gasan, Gandhinagar, Gujarat, India – 382421
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Tax Tech India Private Limited, buy the company report.

Comprehensive company report
Tax Tech India 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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Secure checkout · GST invoice included

Brands

Tax Tech India operates one associated brand: Tax Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Offers a SaaS platform for efficient corporate tax management.taxtechnologies.com

Business activity

The main business activity of Tax Tech India 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 Tax Tech India Private Limited, buy the company report.

Financials of Tax Tech India Private Limited

FY 2024 filings available

Tax Tech India Private Limited reported revenue of ₹29.22 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹29.22 Cr ▲ 1%
Net profit · FY 2025
₹2.28 Cr margin 7.8%
EBITDA · FY 2025
₹3.64 Cr margin 12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 16%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 1% growth in the latest year. EBITDA rose 19% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3.64 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.28 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.4%
Net Profit Margin7.8%
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

To see the full financial statements and ratios of Tax Tech India Private Limited, buy the company report.

Board of directors of Tax Tech India Private Limited

Tax Tech India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naren PatelDirector02 Jul 200323 Years 4 MonthsCurrent
Jae Duk ChoiDirector02 Jul 200323 Years 4 MonthsCurrent
Biren Naren PatelDirector02 Jul 200323 Years 4 MonthsCurrent

Peer comparison

Tax Tech India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prevalent AI India Private Limited₹29.41 Cr (FY 2024)6.0%Kunnathunad, Kerala, India
Apporchid India Private Limited₹29.25 Cr (FY 2024)-1.0%Hyderabad, Telangana, India
Tax Tech India Private Limitedthis company₹29.22 Cr (FY 2025)₹2.28 Cr7.8%1.0%376Gandhinagar, Gujarat, India
Orosoft Solutions Private Limited₹29.17 Cr (FY 2024)53.0%Mumbai, Maharashtra, India

To see the full peer comparison of Tax Tech India Private Limited, buy the company report.

Auditor

Tax Tech India Private Limited is audited by RSVA & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
RSVA & Co.FY 2022110504W

Shareholding

The shareholding of Tax Tech India 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 Tax Tech India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Tax Tech India Private Limited has a workforce of 376 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
376
Active EPFO establishments
1
Employee growth
3.87%

GST

Tax Tech India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCT8854B1ZGGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Tax Tech India Private Limited, buy the company report.

Recent activity

Tax Tech India Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Jeffrey Scott Wenger ceased to be Director on 25 Oct 2012.

AGM
Tax Tech India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Tax Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Jeffrey Scott Wenger ceased to be Director.
Appointed
Biren Naren Patel was appointed as Director.
Appointed
Jae Duk Choi was appointed as Director.
Appointed
Naren Patel was appointed as Director.
Incorporation
02 Jul 2003
Tax Tech India Private Limited was registered on 02 Jul 2003 with Roc Ahmedabad & aged 23 years 4 months as per MCA records.

Frequently asked questions

Tax Tech India is an active private limited company based in Gandhinagar, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 July 2003 (23+ years old) and is registered under CIN U72200GJ2003PTC042564.

Tax Tech India has 3 current directors:

The latest financial statements of Tax Tech India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Tax Tech India is 24AABCT8854B1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Tax Tech India is U72200GJ2003PTC042564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tax Tech India has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the high courts.

Tax Tech India was incorporated on 02 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Tax Tech India by revenue are Prevalent AI India Private Limited, Apporchid India Private Limited, Orosoft Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).

Jeffrey Scott Wenger ceased to be Director on 25 Oct 2012. Biren Naren Patel was appointed as Director on 02 Jul 2003. Jae Duk Choi was appointed as Director on 02 Jul 2003. Tax Tech India has 4 board changes on record in total.

Tax Tech India can be reached through the website taxtechnologies.com. Its registered office is in Gandhinagar, Gujarat, India.

The registered office of Tax Tech India is at Kh – 0 North Star Building Sargasan Cross Road On S.G. Highway Sar, Gasan, Gandhinagar, Gujarat, India – 382421.