About Tocode Technologies Private Limited
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Tocode Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Promantus India Private Limited and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC110739. Its GSTIN is 33AAFCT7861A1ZI (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Jagannathan Srinivasan and Krishnan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.17 Vembuliammankoil Street Saivenkat – D Block Gowriwakkam, Chennai, Tamil Nadu, India – 600073.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.76 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -118.6%) and EBITDA of -₹90.18 Lakh (EBITDA margin -101.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 175% over five years.
The company is associated with 1 brand: toCode Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tocode.ai.
- EmailLocked
- TelephoneLocked
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- Registered AddressNo.17 Vembuliammankoil Street Saivenkat – D Block Gowriwakkam, Chennai, Tamil Nadu, India – 600073
- IndustryInformation Technology, IT Consulting & Support Services, Software Development & Support Services
- 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 Tocode Technologies Private Limited
The main business activity of Tocode Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Tocode Technologies Private Limited FY 2024 filings available
Tocode Technologies Private Limited reported revenue of ₹88.76 Lakh (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tocode Technologies Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 175%. EBITDA rose 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 of Tocode 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹90.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.05 Cr | •••• | •••• | •••• | •••• |
| 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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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Tocode Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -118.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Tocode Technologies are in the company report.
Financial statements from FY 2017
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 Tocode Technologies Private Limited
Tocode Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software 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 |
|---|---|---|---|---|---|---|
| Nitashi Solution Private Limited | ₹89.62 Lakh (FY 2025) | •••• | •••• | 118.0% | •••• | Meerut, Uttar Pradesh, India |
| Avantika Innovations Private Limited | ₹89.05 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Guwahati, Assam, India |
| Blue Sky Innovations India Private Limited | ₹89.03 Lakh (FY 2024) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
| Syslatech Private Limited | ₹88.96 Lakh (FY 2025) | •••• | •••• | 96.0% | •••• | Bangalore, Karnataka, India |
| Socialpe ITES Private Limited | ₹88.93 Lakh (FY 2025) | •••• | •••• | 51691.0% | •••• | Ghonda, Delhi, India |
| Tocode Technologies Private Limited this company | ₹88.76 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Chennai, Tamil Nadu, India |
| Mint Bird Technologies Private Limited | ₹88.69 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Logicamatrix Technologies Private Limited | ₹88.66 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Ridl Soft Private Limited | ₹88.63 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Pune, Maharashtra, India |
| Srimax Software System Private Limited | ₹88.59 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Sivakasi, Tamil Nadu, India |
| Yell Technologies Private Limited | ₹88.58 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Tocode Technologies by revenue in the Information Technology industry (Software 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 Tocode Technologies Private Limited
Tocode Technologies Private Limited is audited by K.S.G.SUBRAMANYAM & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.S.G.SUBRAMANYAM & 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 Tocode Technologies Private Limited
Tocode Technologies has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagannathan Srinivasan | Director | 18 Feb 2021 | 5 Years 7 Months | Current |
| Krishnan | Additional Director | 08 Jul 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of Tocode 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 Tocode Technologies Private Limited
Tocode Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Tocode Technologies Private Limited
Tocode Technologies operates one associated brand: toCode Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers AI-based platform for digital onboarding and identity verification services. | tocode.ai |
Employees and EPFO Compliance at Tocode Technologies Private Limited
Employment history and EPFO contributions of people linked to Tocode 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 Tocode Technologies Private Limited
Tocode Technologies Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Krishnan was appointed as Additional Director on 08 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Tocode 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 Tocode 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 Tocode 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 Tocode Technologies Private Limited
Tocode Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCT7861A1ZI | Tamil Nadu | 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 Tocode 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.
Related news about Tocode Technologies Private Limited
Frequently Asked Questions about Tocode Technologies Private Limited
Tocode Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 June 2016 (10+ years old) and is registered under CIN U72900TN2016PTC110739.
Tocode Technologies reported revenue of ₹88.76 Lakh for FY 2024 (down 36% YoY).
Tocode Technologies has 2 current directors:
- Jagannathan Srinivasan - Director
- Krishnan - Additional Director
Tocode Technologies reported a net loss of ₹1.05 Cr (net margin -118.6%) and EBITDA of -₹90.18 Lakh (EBITDA margin -101.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tocode Technologies is -24% over three years and 175% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tocode Technologies is 33AAFCT7861A1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Tocode Technologies is U72900TN2016PTC110739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tocode Technologies was incorporated on 02 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tocode Technologies by revenue are Nitashi Solution Private Limited, Avantika Innovations Private Limited, Blue Sky Innovations India Private Limited, Syslatech Private Limited, Socialpe ITES Private Limited and 5 more, all in the Information Technology industry (Software Services).
Krishnan was appointed as Additional Director on 08 Jul 2024. Jenny Prabhu Sahaya ceased to be Director on 31 Mar 2024. Hemalatha ceased to be Director on 18 Feb 2021. Tocode Technologies has 9 board changes on record in total.
Yes, Tocode Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).