Algoexpress Enterprises Private Limited
About Algoexpress Enterprises Private Limited
Data last updated:
Algoexpress Enterprises Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72502MH2012PTC234014.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harish Parasram Dayaramani and Kanchan Harish Dayaramani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 13 Three Brothers Handloom House Kamptee Road Gaddigodam Nagpur – 440001, Maharashtra, India – 440001.
As per the financials filed for FY 2024, the company reported a revenue of ₹15,000, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹5,068 (net margin -33.8%) and EBITDA of -₹4,200 (EBITDA margin -28%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 13 Three Brothers Handloom House Kamptee Road Gaddigodam Nagpur – 440001, Maharashtra, India – 440001
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
Business Activity of Algoexpress Enterprises Private Limited
The main business activity of Algoexpress Enterprises is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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 Algoexpress Enterprises Private Limited FY 2025 filings available
Algoexpress Enterprises Private Limited reported revenue of ₹15,000 (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Algoexpress Enterprises Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA rose 55% 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 Algoexpress Enterprises 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 | -₹4,200 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,068 | •••• | •••• | •••• | •••• |
| 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 of Algoexpress Enterprises Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -33.8% | •••• | •••• | •••• | •••• |
| 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 Algoexpress Enterprises 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 Algoexpress Enterprises Private Limited
Algoexpress Enterprises Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sampriti Vincom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Avant Electronics & Computers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sksy 16 Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Algoexpress Enterprises Private Limited this company | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Adman Technologies Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Az Medscript Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Capsvx Private Limited | •••• | •••• | •••• | •••• | - | Mankapur, Nagpur, Maharashtra, India |
| Christophu Hod Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vimarhsh Avenue Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| U C Systems India Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Hdigital Lifestyle Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Algoexpress Enterprises by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Algoexpress Enterprises Private Limited
Algoexpress Enterprises Private Limited is audited by H. H. Chimthanawala & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. H. Chimthanawala & 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 Algoexpress Enterprises Private Limited
Algoexpress Enterprises has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Parasram Dayaramani | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Kanchan Harish Dayaramani | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Roshan Harish Dayaramani | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
Ownership and Shareholding of Algoexpress Enterprises 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 Algoexpress Enterprises Private Limited
Algoexpress Enterprises Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Algoexpress Enterprises Private Limited
Employment history and EPFO contributions of people linked to Algoexpress Enterprises.
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 Algoexpress Enterprises Private Limited
Algoexpress Enterprises Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Harish Parasram Dayaramani was appointed as Director on 01 Aug 2012.
Credit Ratings, Litigation & Regulatory Alerts for Algoexpress Enterprises 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 Algoexpress Enterprises 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 Algoexpress Enterprises 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 Algoexpress Enterprises Private Limited
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 Algoexpress Enterprises 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 Algoexpress Enterprises Private Limited
Algoexpress Enterprises is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U72502MH2012PTC234014.
Algoexpress Enterprises reported revenue of ₹15,000 for FY 2024 (up 7% YoY).
Algoexpress Enterprises has 3 current directors:
- Harish Parasram Dayaramani - Director
- Kanchan Harish Dayaramani - Director
- Roshan Harish Dayaramani - Director
Algoexpress Enterprises reported a net loss of ₹5,068 (net margin -33.8%) and EBITDA of -₹4,200 (EBITDA margin -28%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Algoexpress Enterprises is 8% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Algoexpress Enterprises is U72502MH2012PTC234014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algoexpress Enterprises was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Algoexpress Enterprises by revenue are Sampriti Vincom Private Limited, Avant Electronics & Computers Private Limited, Sksy 16 Solutions Private Limited, Adman Technologies Pvt Ltd, Az Medscript Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Harish Parasram Dayaramani was appointed as Director on 01 Aug 2012. Kanchan Harish Dayaramani was appointed as Director on 01 Aug 2012. Roshan Harish Dayaramani was appointed as Director on 01 Aug 2012.
The registered office of Algoexpress Enterprises is at Shop No. 13 Three Brothers Handloom House Kamptee Road Gaddigodam Nagpur – 440001, Maharashtra, India – 440001.
Algoexpress Enterprises has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.