About Algebra Technologies Private Limited
Data last updated:
Algebra Technologies Private Limited is a private limited company based in Vasai West, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016PTC272220. Its GSTIN is 27AAOCA0784C1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajiv Kumar and Arti Pankaj Kanhaiya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 212 Veena Velocity Ph. II Sun City 100 Feet Road, Vasai West, Maharashtra, India – 401202.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.67 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹76,925 (net margin 8.9%) and EBITDA of ₹91,144 (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 35% over five years.
The company is associated with 1 brand: Algebra 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 techalgebra.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 212 Veena Velocity Ph. II Sun City 100 Feet Road, Vasai West, Maharashtra, India – 401202
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & 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
- One PDF report, delivered after checkout
Associated Brands with Algebra Technologies Private Limited
Algebra Technologies operates one associated brand: Algebra Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and business intelligence services. | techalgebra.com |
Competitors & Alternatives of Algebra Technologies Private Limited
Brands and companies operating in the same space as Algebra Technologies Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Brightspot | CMS solutions for digital publishers are provided and managed. | Reston, United States | 2008 |
Business Activity of Algebra Technologies Private Limited
The main business activity of Algebra 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.
Auditor Details of Algebra Technologies Private Limited
Algebra Technologies Private Limited is audited by H R J & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H R J & 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 Algebra Technologies Private Limited
Algebra 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 |
|---|---|---|---|---|
| Rajiv Kumar | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Arti Pankaj Kanhaiya | Director | 19 Jan 2016 | 10 Years 8 Months | Current |
Financials of Algebra Technologies Private Limited FY 2023 filings available
Algebra Technologies Private Limited reported revenue of ₹8.67 Lakh (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Algebra Technologies Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 40% 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 Algebra Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹91,144 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76,925 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Algebra Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| 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 Algebra Technologies are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Algebra 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 Algebra Technologies Private Limited
Algebra Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Algebra Technologies Private Limited
Employment history and EPFO contributions of people linked to Algebra 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.
GST Compliance of Algebra Technologies Private Limited
Algebra Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCA0784C1ZP | 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.
Credit Ratings, Litigation & Regulatory Alerts for Algebra 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 Algebra 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 Algebra 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.
MCA Filings & Documents of Algebra 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.
Recent Activity on Algebra Technologies Private Limited
Frequently Asked Questions about Algebra Technologies Private Limited
Algebra Technologies is an active private limited company based in Vasai West, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 January 2016 (10+ years old) and is registered under CIN U74120MH2016PTC272220.
Algebra Technologies reported revenue of ₹8.67 Lakh for FY 2023 (down 16% YoY).
Algebra Technologies has 2 current directors:
- Rajiv Kumar - Director
- Arti Pankaj Kanhaiya - Director
Algebra Technologies reported a net profit of ₹76,925 (net margin 8.9%) and EBITDA of ₹91,144 (EBITDA margin 10.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Algebra Technologies is 47% over three years and 35% over five years. In the latest year (FY 2023) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Algebra Technologies is 27AAOCA0784C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Algebra Technologies is U74120MH2016PTC272220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algebra Technologies was incorporated on 19 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Algebra Technologies can be reached through the website techalgebra.com. Its registered office is in Vasai West, Maharashtra, India.