Xiar Tech Private Limited - information technology in Chandigarh, India. FY 2026 financials & compliance.
CIN U72900CH2015PTC035679 Incorporated 07 August 2015 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2021
₹1.86 Cr
▼ 19% YoY
Net profit · FY 2021
₹10.25 Lakh
Net margin 5.5%
EBITDA · FY 2021
₹15.12 Lakh
EBITDA margin 8.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
13
Provident fund records
Directors on board
3
As per MCA filings

About Xiar Tech Private Limited

Data last updated:

Xiar Tech Private Limited is a private limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2015PTC035679. Its GSTIN is 09AAACX1831H1ZE (Uttar Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manjit Singh and Bachi Singh Nayal.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No. 76 Sector 16 – A, Chandigarh, India – 160015.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.86 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.25 Lakh (net margin 5.5%) and EBITDA of ₹15.12 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.

The company has about 13 employees on its provident fund (EPFO) records.

Xiar Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0028374). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U72900CH2015PTC035679
Registration Number 035679
Incorporation Date 07 August 2015
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0028374

Recognitions & Rankings of Xiar Tech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0028374

Contact details

Xiar Tech Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address is in the company report.

  • Email
  • Registered Address
    H.No. 76 Sector 16 – A, Chandigarh, India – 160015
  • Industry
    Information Technology, IT Consulting & Support Services

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

Comprehensive company report
Xiar Tech 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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Business activity

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

Financials of Xiar Tech Private Limited

FY 2021 filings available

Xiar Tech Private Limited reported revenue of ₹1.86 Cr (down 19% YoY) for FY 2021.

Revenue · FY 2021
₹1.86 Cr ▼ 19%
Net profit · FY 2021
₹10.25 Lakh margin 5.5%
EBITDA · FY 2021
₹15.12 Lakh margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 234%
3 years · compounded
▲ 51%
5 years · compounded
▲ 50%

Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 234% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹15.12 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.25 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin8.1%
Net Profit Margin5.5%
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 Xiar Tech Private Limited, buy the company report.

Board of directors of Xiar Tech Private Limited

Xiar Tech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manjit SinghDirector02 Apr 20215 Years 6 MonthsCurrent
Bachi Singh NayalDirector30 Apr 20188 Years 6 MonthsCurrent
Karamjit SinghDirector07 Aug 201511 Years 2 MonthsCurrent

Auditor

Xiar Tech Private Limited is audited by DAVINDER S JAAJ & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
DAVINDER S JAAJ & COFY 2020000969N

Shareholding

The shareholding of Xiar Tech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Xiar Tech Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Xiar Tech Private Limited has a workforce of 13 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
44.44%

GST

Xiar Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAACX1831H1ZEUttar PradeshActive01 Jul 2017

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

Recent activity

Xiar Tech Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Balbir Singh ceased to be Additional Director on 27 Apr 2021.

AGM
Xiar Tech Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Balbir Singh ceased to be Additional Director.
Ceased
Krishan Bhardwaj ceased to be Director.
Appointed
Manjit Singh was appointed as Director.
Filing
Xiar Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
Ceased
Bachi Singh Nayal ceased to be Additional Director.
Ceased
Baldev Singh Malhi ceased to be Additional Director.
Appointed
Bachi Singh Nayal was appointed as Director.
Appointed
Karamjit Singh was appointed as Director.
Incorporation
07 Aug 2015
Xiar Tech Private Limited was registered on 07 Aug 2015 with Roc Chandigarh & aged 11 years 2 months as per MCA records.

Frequently asked questions

Xiar Tech is an active private limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 August 2015 (11+ years old) and is registered under CIN U72900CH2015PTC035679.

Xiar Tech has 3 current directors:

The latest financial statements of Xiar Tech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Xiar Tech is 09AAACX1831H1ZE, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Xiar Tech is U72900CH2015PTC035679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Xiar Tech was incorporated on 07 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.

Balbir Singh ceased to be Additional Director on 27 Apr 2021. Krishan Bhardwaj ceased to be Director on 03 Apr 2021. Manjit Singh was appointed as Director on 02 Apr 2021. Xiar Tech has 7 board changes on record in total.

Yes, Xiar Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0028374).

The registered office of Xiar Tech is at H.No. 76 Sector 16 – A, Chandigarh, India – 160015.

Xiar Tech operates in the information technology industry, in the IT consulting and support services segment.