About Techcronus Business Solutions Private Limited
Data last updated:
Techcronus Business Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1992PTC017529. Its GSTIN is 24AAACN5295M1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It was formerly known as Nij Capital Services Pvt Ltd. It is led by directors including Shalin Nitinkumar Shah and Ketul Kalpeshbhai Sheth.
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 C – 821 Stratum At Venus Ground Nr. Jhansi Ki Rani Statue Nehrunagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.47 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹23.74 Lakh (net margin 1.6%) and EBITDA of ₹44.49 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 42% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Techcronus.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techcronus.com.
Company details
Contact details
Techcronus Business Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is techcronus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 821 Stratum At Venus Ground Nr. Jhansi Ki Rani Statue Nehrunagar, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techcronus Business Solutions Private Limited, buy the company report.
- 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
Brands
Techcronus Business Solutions operates one associated brand: Techcronus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in application design and development in India. | techcronus.com |
Business activity
The main business activity of Techcronus Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Techcronus Business Solutions Private Limited, buy the company report.
Financials of Techcronus Business Solutions Private Limited
FY 2025 filings availableTechcronus Business Solutions Private Limited reported revenue of ₹14.47 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 7% growth in the latest year. EBITDA fell 10% 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
| 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.74 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Techcronus Business Solutions Private Limited, buy the company report.
Board of directors of Techcronus Business Solutions Private Limited
Techcronus Business Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalin Nitinkumar Shah | Director | 06 May 2010 | 16 Years 5 Months | Current |
| Ketul Kalpeshbhai Sheth | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
| Nitinkumar Shah Chandulal | Director | 29 Apr 1992 | 34 Years 5 Months | Current |
Peer comparison
Techcronus Business Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diona Technologies India Private Limited | ₹14.51 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Codelogicx Technologies Private Limited | ₹14.5 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| SRM Techsol Private Limited | ₹14.47 Cr (FY 2025) | 37.0% | Uttar Pradesh, India | |||
| Techcronus Business Solutions Private Limitedthis company | ₹14.47 Cr (FY 2025) | ₹23.74 Lakh | 1.6% | 7.0% | 4 | Ahmedabad, Gujarat, India |
| Inventum Technologies Private Limited | ₹14.46 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Techcronus Business Solutions Private Limited, buy the company report.
Auditor
Techcronus Business Solutions Private Limited is audited by KGT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KGT & CO | FY 2023 | 118311 |
Shareholding
The shareholding of Techcronus Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techcronus Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techcronus Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Techcronus Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techcronus Business Solutions Private Limited has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Techcronus Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN5295M1Z3 | Gujarat | Active | 09 Jul 2017 |
To see the full GST registrations and return filing status of Techcronus Business Solutions Private Limited, buy the company report.
Recent activity
Techcronus Business Solutions Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Ketul Kalpeshbhai Sheth was appointed as Director on 01 Dec 2020.
Frequently asked questions
Techcronus Business Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 April 1992 (34+ years old) and is registered under CIN U65910GJ1992PTC017529.
Techcronus Business Solutions has 3 current directors:
- Shalin Nitinkumar Shah - Director
- Ketul Kalpeshbhai Sheth - Director
- Nitinkumar Shah Chandulal - Director
The latest financial statements of Techcronus Business Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Techcronus Business Solutions is 24AAACN5295M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Techcronus Business Solutions is U65910GJ1992PTC017529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techcronus Business Solutions was incorporated on 29 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Techcronus Business Solutions by revenue are Diona Technologies India Private Limited, Codelogicx Technologies Private Limited, SRM Techsol Private Limited, Inventum Technologies Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Ketul Kalpeshbhai Sheth was appointed as Director on 01 Dec 2020. Janak Rameshchandra Patel ceased to be Director on 07 May 2010. Shalin Nitinkumar Shah was appointed as Director on 06 May 2010. Techcronus Business Solutions has 4 board changes on record in total.
Techcronus Business Solutions can be reached through the website techcronus.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Techcronus Business Solutions is at C – 821 Stratum At Venus Ground Nr. Jhansi Ki Rani Statue Nehrunagar, Ahmedabad, Gujarat, India – 380015.
Techcronus Business Solutions operates in the information technology industry, in the IT consulting and support services segment.