Algofin Technology Services Private Limited
About Algofin Technology Services Private Limited
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Algofin Technology Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 November 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2022PTC136753.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Jigneshbhai Nareshbhai Vaghasiya and Tusharbhai Amratbhai Chhabhaiya.
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 B – 1003 Ganesh Glory 11 Near Bsnl Office Jagatpur, Ahmedabad, Gujarat, India – 382481.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹10.05 Lakh (net margin 8.7%) and EBITDA of ₹42.56 Lakh (EBITDA margin 36.8%).
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- Registered AddressB – 1003 Ganesh Glory 11 Near Bsnl Office Jagatpur, Ahmedabad, Gujarat, India – 382481
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Financials of Algofin Technology Services Private Limited FY 2025 filings available
Algofin Technology Services Private Limited reported revenue of ₹1.16 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Algofin Technology Services Private Limited
Revenue rose 66% in the latest year. EBITDA rose 77% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Algofin Technology Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹42.56 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.05 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 of Algofin Technology Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 36.8% | •••• | •••• |
| Net Profit Margin | 8.7% | •••• | •••• |
| 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 Algofin Technology Services are in the company report.
Financial statements from FY 2023
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.
Board of Directors of Algofin Technology Services Private Limited
Algofin Technology Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigneshbhai Nareshbhai Vaghasiya Also directs: Algofin Technologies LLP, Silent Infotech Private Limited | Director | 16 Nov 2022 | 3 Years 10 Months | Current |
| Tusharbhai Amratbhai Chhabhaiya Also directs: Algofin Technologies LLP, Silent Infotech Private Limited | Director | 16 Nov 2022 | 3 Years 10 Months | Current |
| Rajesh Hirjibhai Rabadia Also directs: Algofin Technologies LLP, Silent Infotech Private Limited | Director | 16 Nov 2022 | 3 Years 10 Months | Current |
Charges & Borrowings of Algofin Technology Services Private Limited
Algofin Technology Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Algofin Technology Services Private Limited
Employment history and EPFO contributions of people linked to Algofin Technology Services.
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
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Recent Activity on Algofin Technology Services Private Limited
Algofin Technology Services Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Jigneshbhai Nareshbhai Vaghasiya was appointed as Director on 16 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Algofin Technology Services 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 Algofin Technology Services 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
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Subsidiaries & Group Companies of Algofin Technology Services 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
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GST Compliance of Algofin Technology Services 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 Algofin Technology Services 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 Algofin Technology Services Private Limited
Algofin Technology Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 November 2022 (4+ years old) and is registered under CIN U72900GJ2022PTC136753.
Algofin Technology Services reported revenue of ₹1.16 Cr for FY 2025 (up 66% YoY).
Algofin Technology Services has 3 current directors:
- Jigneshbhai Nareshbhai Vaghasiya - Director
- Tusharbhai Amratbhai Chhabhaiya - Director
- Rajesh Hirjibhai Rabadia - Director
Algofin Technology Services reported a net profit of ₹10.05 Lakh (net margin 8.7%) and EBITDA of ₹42.56 Lakh (EBITDA margin 36.8%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Algofin Technology Services is U72900GJ2022PTC136753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algofin Technology Services was incorporated on 16 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jigneshbhai Nareshbhai Vaghasiya was appointed as Director on 16 Nov 2022. Rajesh Hirjibhai Rabadia was appointed as Director on 16 Nov 2022. Tusharbhai Amratbhai Chhabhaiya was appointed as Director on 16 Nov 2022.
The registered office of Algofin Technology Services is at B – 1003 Ganesh Glory 11 Near Bsnl Office Jagatpur, Ahmedabad, Gujarat, India – 382481.
Algofin Technology Services has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.5 Lakh.
Algofin Technology Services operates in the information technology industry, in the application development and software solutions segment.