Xinet Technologies Private Limited
About Xinet Technologies Private Limited
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Xinet Technologies Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 31 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2010PTC201497. Its GSTIN is 27AAACX0837F1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Umesh Balasaheb Waychale and Amit Shriram Balde.
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 4th Floor Ultimate Tower Vise Mala College Road, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.33 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹31,520 (net margin 0.8%) and EBITDA of ₹1.31 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 5% over five years.
The company is associated with 2 brands: Synastute and Stack Industry.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address4th Floor Ultimate Tower Vise Mala College Road, Nashik, Maharashtra, India – 422005
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Xinet Technologies Private Limited
The main business activity of Xinet 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 Xinet Technologies Private Limited FY 2024 filings available
Xinet Technologies Private Limited reported revenue of ₹37.33 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Xinet Technologies Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 35% 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 Xinet 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 | ₹1.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31,520 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Xinet Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Xinet Technologies are in the company report.
Financial statements from 2015
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 Xinet Technologies Private Limited
Xinet 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 |
|---|---|---|---|---|---|---|
| Shree Vignesh Construction Networking Private Limited | ₹37.35 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Adyum Software Consultancy Private Limited | ₹37.34 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Nashik, Maharashtra, India |
| Confidoai Business Solutions Private Limited | ₹37.34 Lakh (FY 2025) | •••• | •••• | 263.0% | •••• | Ahmedabad, Gujarat, India |
| Majili Private Limited | ₹37.33 Lakh (FY 2024) | •••• | •••• | 361.0% | •••• | Bangalore, Karnataka, India |
| RND Technologies Private Limited | ₹37.33 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| Xinet Technologies Private Limited this company | ₹37.33 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Nashik, Maharashtra, India |
| Sourceio Technologies Private Limited | ₹37.32 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Pune, Maharashtra, India |
| Soul-Company IT Services Private Limited | ₹37.32 Lakh (FY 2025) | •••• | •••• | 99.0% | •••• | Pune, Maharashtra, India |
| Silmaril Software Private Limited | ₹37.32 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Sakrecharge Point (OPC) Private Limited | ₹37.32 Lakh (FY 2025) | •••• | •••• | 268.0% | •••• | Panipat, Haryana, India |
| Vinayak Computer Cabinets Private Limited | ₹37.3 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Xinet 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 Xinet Technologies Private Limited
Xinet Technologies Private Limited is audited by YOGESH B. TATAR for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YOGESH B. TATAR | 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 Xinet Technologies Private Limited
Xinet Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Balasaheb Waychale | Director | 01 Oct 2017 | 9 Years 0 Months | Current |
| Amit Shriram Balde | Director | 31 Mar 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Xinet 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 Xinet Technologies Private Limited
Xinet Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Xinet Technologies Private Limited
Xinet Technologies operates two associated brands: Synastute and Stack Industry. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT firm providing software development, mobile apps, testing, and staffing services. | synastute.com | |
| It serves as a provides it services suite solutions. | stackindustry.com |
Employees and EPFO Compliance at Xinet Technologies Private Limited
Employment history and EPFO contributions of people linked to Xinet 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 Xinet Technologies Private Limited
Xinet Technologies Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Umesh Balasaheb Waychale was appointed as Director on 01 Oct 2017.
Credit Ratings, Litigation & Regulatory Alerts for Xinet 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 Xinet 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 Xinet 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 Xinet Technologies Private Limited
Xinet Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACX0837F1ZG | Maharashtra | 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 Xinet 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 Xinet Technologies Private Limited
Xinet Technologies is an active private limited company based in Nashik, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 31 March 2010 (16+ years old) and is registered under CIN U72501MH2010PTC201497.
Xinet Technologies reported revenue of ₹37.33 Lakh for FY 2024 (down 8% YoY).
Xinet Technologies has 2 current directors:
- Umesh Balasaheb Waychale - Director
- Amit Shriram Balde - Director
Xinet Technologies reported a net profit of ₹31,520 (net margin 0.8%) and EBITDA of ₹1.31 Lakh (EBITDA margin 3.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Xinet Technologies is 32% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Xinet Technologies is 27AAACX0837F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Xinet Technologies is U72501MH2010PTC201497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xinet Technologies was incorporated on 31 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Xinet Technologies by revenue are Shree Vignesh Construction Networking Private Limited, Adyum Software Consultancy Private Limited, Confidoai Business Solutions Private Limited, Majili Private Limited, RND Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Umesh Balasaheb Waychale was appointed as Director on 01 Oct 2017. Umesh Balasaheb Waychale ceased to be Director on 20 Apr 2016. Pallavi Ravindra Golesar ceased to be Director on 01 Oct 2011. Xinet Technologies has 4 board changes on record in total.
The registered office of Xinet Technologies is at 4th Floor Ultimate Tower Vise Mala College Road, Nashik, Maharashtra, India – 422005.