About Thoughtbees Technologies Private Limited
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Thoughtbees Technologies Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2017PTC029119. Its GSTIN is 33AAGCT3192F1ZF (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Joghee Bheeman Urmila and Abanumay.
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 D No 5A – 4 Meena Estate 3 Udaiyampalayam, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.24 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹7.22 Lakh (net margin -3.2%) and EBITDA of -₹76,491 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 99% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thoughtbees.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thoughtbees.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD No 5A – 4 Meena Estate 3 Udaiyampalayam, Coimbatore, Tamil Nadu, India – 641028
- 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
- One PDF report, delivered after checkout
Business Activity of Thoughtbees Technologies Private Limited
The main business activity of Thoughtbees 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 Thoughtbees Technologies Private Limited FY 2024 filings available
Thoughtbees Technologies Private Limited reported revenue of ₹2.24 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Thoughtbees Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 99% over five years, including 19% growth in the latest year. EBITDA fell 109% 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 Thoughtbees Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹76,491 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.22 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 Thoughtbees Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Thoughtbees 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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| One Eighty Aamoksh Technologies Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Gurugram, Haryana, India |
| 7Th Pillar Info Tech Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Kakkanad, Kerala, India |
| Raksan Consulting Private Limited | ₹2.24 Cr (FY 2016) | •••• | •••• | -49.0% | •••• | Hyderabad, Telangana, India |
| Agdova Technologies Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Faridabad, Haryana, India |
| Sun ITES Consulting Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Thoughtbees Technologies Private Limited this company | ₹2.24 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Coimbatore, Tamil Nadu, India |
| Connectio IT Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Cloudmitra Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Maicha, Uttar Pradesh, India |
| Ortmor Technology Agency Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | 310.0% | •••• | Ernakulam, Kerala, India |
| NK Square Infotech Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Kohima, Nagaland, India |
| Regear Infotech Private Limited | ₹2.24 Cr (FY 2022) | •••• | •••• | -43.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Thoughtbees Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies Private Limited is audited by TRPN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TRPN & 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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joghee Bheeman Urmila | Director | 27 Jun 2017 | 9 Years 3 Months | Current |
| Abanumay | Director | 27 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Thoughtbees 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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Thoughtbees Technologies Private Limited
Thoughtbees Technologies operates one associated brand: Thoughtbees. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web app development, mobile app development, software testing, and digital marketing services. | thoughtbees.com |
Employees and EPFO Compliance at Thoughtbees Technologies Private Limited
Thoughtbees Technologies Private Limited has a workforce of 23 employees as of Apr 08, 2024.
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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Janani Manoharan ceased to be Director on 28 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Thoughtbees 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 Thoughtbees 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 Thoughtbees 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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCT3192F1ZF | Tamil Nadu | Active | 05 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 Thoughtbees 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 Thoughtbees Technologies Private Limited
Thoughtbees Technologies is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 June 2017 (9+ years old) and is registered under CIN U72900TZ2017PTC029119.
Thoughtbees Technologies reported revenue of ₹2.24 Cr for FY 2024 (up 19% YoY).
Thoughtbees Technologies has 2 current directors:
- Joghee Bheeman Urmila - Director
- Abanumay - Director
Thoughtbees Technologies reported a net loss of ₹7.22 Lakh (net margin -3.2%) and EBITDA of -₹76,491 (EBITDA margin -0.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thoughtbees Technologies is 57% over three years and 99% over five years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thoughtbees Technologies is 33AAGCT3192F1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thoughtbees Technologies is U72900TZ2017PTC029119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thoughtbees Technologies was incorporated on 27 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Thoughtbees Technologies by revenue are One Eighty Aamoksh Technologies Private Limited, 7Th Pillar Info Tech Private Limited, Raksan Consulting Private Limited, Agdova Technologies Private Limited, Sun ITES Consulting Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Janani Manoharan ceased to be Director on 28 Mar 2022. Abanumay was appointed as Director on 27 Mar 2022. Joghee Bheeman Urmila was appointed as Director on 27 Jun 2017.
Thoughtbees Technologies can be reached through the website thoughtbees.com. Its registered office is in Coimbatore, Tamil Nadu, India.