About Agile Financial Technologies Private Limited
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Agile Financial Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC200402. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kalpesh Pankaj Desai and Sumir Govind Nagar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 513 Corporate Avenue Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2017, the company reported a revenue of ₹51.49 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹93.84 Lakh (net margin -182.3%) and EBITDA of -₹93.19 Lakh (EBITDA margin -181%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Agile Financial Technologies. Court records list 10 cases involving the company, including 10 filed against it; 4 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in June 2008. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Techplain Private Limited with revenue of ₹51.55 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website agile-ft.com.
Company details
CIN history
Agile Financial Technologies has one previous CIN (Corporate Identification Number): U72900TN2008PTC066466. The current CIN is U72900MH2008PTC200402, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2008PTC200402 | Current |
| U72900TN2008PTC066466 | Previous |
Contact details
Agile Financial Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is agile-ft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address513 Corporate Avenue Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Agile Financial Technologies 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
Agile Financial Technologies operates one associated brand: Agile Financial Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management solutions are provided for financial and banking sectors. | agile-ft.com |
Business activity
The main business activity of Agile Financial Technologies 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 Agile Financial Technologies Private Limited, buy the company report.
Financials of Agile Financial Technologies Private Limited
FY 2017 filings availableAgile Financial Technologies Private Limited reported revenue of ₹51.49 Lakh (down 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 26% fall in the latest year. EBITDA rose 62% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹51.49 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹93.19 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹93.84 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -181% | ||
| Net Profit Margin | -182.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Agile Financial Technologies Private Limited, buy the company report.
Board of directors of Agile Financial Technologies Private Limited
Agile Financial Technologies has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Pankaj Desai | Director | 12 Feb 2009 | 17 Years 8 Months | Current |
| Satyaprasad Madhav Bhat | Additional Director | 27 Sep 2019 | 7 Years 1 Months | Current |
| Sumir Govind Nagar | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Agile Financial Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), 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 |
|---|---|---|---|---|---|---|
| Techplain Private Limited | ₹51.55 Lakh (FY 2023) | 73.0% | Bangalore, Karnataka, India | |||
| Amadili Labs Private Limited | ₹51.54 Lakh (FY 2021) | 237.0% | Bangalore, Karnataka, India | |||
| Agile Financial Technologies Private Limitedthis company | ₹51.49 Lakh (FY 2017) | -₹93.84 Lakh | -182.3% | -26.0% | 30 | Mumbai, Maharashtra, India |
| Derive Systems Private Limited | ₹51.47 Lakh (FY 2025) | 6.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Agile Financial Technologies Private Limited, buy the company report.
Auditor
Agile Financial Technologies Private Limited is audited by PKF Sridhar & Santhanam for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam | FY 2017 | 003990S |
Shareholding
The shareholding of Agile Financial Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Agile Financial Technologies Private Limited, buy the company report.
Deals & funding
Agile Financial Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in June 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: Agile Financial Technologies Singapore Pte Limited, an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Agile Financial Technologies Private Limited has 10 court cases on record: 10 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Tuni Textile Mills Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Brindawan Silk Mills Pvt Ltd Th Mr S Dhanuka | Pending |
| Bombay High Court | Company petition | Filed against the company by Wealthtree Advisors Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Hari Textiles Th Mr Sunilkumar H Agarwal | Pending |
To see the full case history of Agile Financial Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agile Financial Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Agile Financial Technologies Private Limited has a workforce of 30 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Agile Financial Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Agile Financial Technologies Private Limited, buy the company report.
Recent activity
Agile Financial Technologies Private Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Satyaprasad Madhav Bhat was appointed as Additional Director on 27 Sep 2019.
6 earlier events are in the company report.
News
Frequently asked questions
Agile Financial Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 February 2008 (18+ years old) and is registered under CIN U72900MH2008PTC200402.
Agile Financial Technologies has 3 current directors:
- Kalpesh Pankaj Desai - Director
- Satyaprasad Madhav Bhat - Additional Director
- Sumir Govind Nagar - Director
The latest financial statements of Agile Financial Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Agile Financial Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Agile Financial Technologies is U72900MH2008PTC200402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agile Financial Technologies has 10 court cases on record: 10 filed against it. 4 are pending. Most are in the district courts.
Agile Financial Technologies was incorporated on 15 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Agile Financial Technologies has 1 deal on record (1 secondary share transfer); the latest was in June 2008.
The peers of Agile Financial Technologies by revenue are Techplain Private Limited, Amadili Labs Private Limited, Derive Systems Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Satyaprasad Madhav Bhat was appointed as Additional Director on 27 Sep 2019. Kalpesh Pankaj Desai ceased to be Additional Director on 08 Sep 2018. Pankaj Gupta ceased to be Additional Director on 27 Apr 2017. Agile Financial Technologies has 15 board changes on record in total.
Agile Financial Technologies can be reached through the website agile-ft.com. Its registered office is in Mumbai, Maharashtra, India.