About Algorhythm Tech Private Limited
Data last updated:
Algorhythm Tech Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Delhivery Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN1999PTC014095. Its GSTIN is 27AAACF6737G1ZL (Maharashtra).
The company has an authorised share capital of ₹41.66 Lakh and a paid-up capital of ₹32.59 Lakh. It was formerly known as Care for Parents Private Limited. It is led by directors including Nikhil Vij and Kavya Shetty.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No. 180/1 193/1 193/2 193/3 & 193/4, Village Sudhwadi Taluka Maval Distt. Pune, Maharashtra, India – 412109.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.06 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -134.7%) and EBITDA of -₹68 Lakh (EBITDA margin -63.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 30% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: AppliFire and Algorhythm Tech. As per MCA filings, the company has satisfied charges of ₹1 Cr on record. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.72 Cr; the latest was in January 2023. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Zanshinsoft Private Limited with revenue of ₹1.07 Cr. The company has 12 MSME Form 1 returns on record between 2015 and 2024, listing 23 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algorhythm.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No. 180/1 193/1 193/2 193/3 & 193/4, Village Sudhwadi Taluka Maval Distt. Pune, Maharashtra, India – 412109
- IndustryInformation Technology, 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
Business Activity of Algorhythm Tech Private Limited
The main business activity of Algorhythm Tech 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 Algorhythm Tech Private Limited FY 2025 filings available
Algorhythm Tech Private Limited reported revenue of ₹1.06 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Algorhythm Tech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 69% fall in the latest year. EBITDA rose 81% 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 Algorhythm Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.43 Cr | •••• | •••• | •••• | •••• |
| 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 Algorhythm Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -134.7% | •••• | •••• | •••• | •••• |
| 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 Algorhythm Tech 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 Algorhythm Tech Private Limited
Algorhythm Tech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zanshinsoft Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Meerut, Uttar Pradesh, India |
| Ten20 Infomedia Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Hyderabad, Telangana, India |
| Cadryche Automation and Office Solutions Private Limited | ₹1.07 Cr (FY 2023) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Vpursue Technologies Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Sumago Infotech Private Limited | ₹1.06 Cr (FY 2024) | •••• | •••• | 222.0% | •••• | Nashik, Maharashtra, India |
| Algorhythm Tech Private Limited this company | ₹1.06 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Pune, Maharashtra, India |
| Triquetro Infotech Private Limited | ₹1.06 Cr (FY 2019) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Irisk Assurance Consultancy Services Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Chennai, Tamil Nadu, India |
| Droom Tech Logistic Private Limited | ₹1.06 Cr (FY 2024) | •••• | •••• | 754.0% | •••• | New Delhi, Delhi, India |
| Questionpro Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | -96.0% | •••• | Pune, Maharashtra, India |
| Azure Software Pvt Ltd | ₹1.06 Cr (FY 2024) | •••• | •••• | 140.0% | •••• | Nadia, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Algorhythm Tech by revenue in the Information Technology industry (IT Consulting and Services), 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 Algorhythm Tech Private Limited
Algorhythm Tech Private Limited is audited by Jain Adesh & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Adesh & 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 Algorhythm Tech Private Limited
Algorhythm Tech has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Saharan | Additional Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Nikhil Vij | Director | 20 Apr 2023 | 3 Years 5 Months | Current |
| Kavya Shetty | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Algorhythm Tech 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 Algorhythm Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2014 | Dena Bank | ₹1 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Algorhythm Tech Private Limited
Algorhythm Tech Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.72 Cr; the latest was in January 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Delhivery Limited , Delhivery Limited & Sahil Barua Seller: 4 individuals |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Acg Associated Capsules Private Limited , 3 individuals Seller: 4 individuals |
| Oct 2016 | Funding round | ₹22.2 Lakh | Investors: 4 individuals |
| Oct 2016 | Rights issue | ₹1 Cr | Investors: 4 individuals |
| Aug 2010 | Funding round | ₹2 Cr | Investors: Acg Associated Capsules Private Limited , 3 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Algorhythm Tech Private Limited
Algorhythm Tech Private Limited has 12 MSME Form 1 returns on record between 2015 and 2024, listing 23 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Sneh Services | •••• | •••• | •••• |
| SJP and Associates | •••• | •••• | •••• |
| Syscraft Technologies LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Algorhythm Tech Private Limited
Algorhythm Tech operates two associated brands: AppliFire and Algorhythm Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a low-code platform for rapid development of web and mobile applications. | applifire.com | |
| Provider of MES and visibility solutions for multi-industry | algorhythmtech.com |
Employees and EPFO Compliance at Algorhythm Tech Private Limited
Algorhythm Tech Private Limited has a workforce of 31 employees as of Apr 07, 2024.
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 Algorhythm Tech Private Limited
Algorhythm Tech Private Limited has 14 board changes on record since 2015: 3 appointments and 11 cessations. The latest: Suraj Saharan was appointed as Additional Director on 17 Oct 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Algorhythm Tech 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.
Subsidiaries & Group Companies of Algorhythm Tech 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 Algorhythm Tech Private Limited
Algorhythm Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF6737G1ZL | 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 Algorhythm Tech 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.
Related news about Algorhythm Tech Private Limited
Frequently Asked Questions about Algorhythm Tech Private Limited
Algorhythm Tech is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 October 1999 (27+ years old) and is registered under CIN U74999PN1999PTC014095.
Algorhythm Tech reported revenue of ₹1.06 Cr for FY 2025 (down 69% YoY).
Algorhythm Tech has 3 current directors:
- Suraj Saharan - Additional Director
- Nikhil Vij - Director
- Kavya Shetty - Director
Algorhythm Tech reported a net loss of ₹1.43 Cr (net margin -134.7%) and EBITDA of -₹68 Lakh (EBITDA margin -63.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Algorhythm Tech is -29% over three years and -30% over five years. In the latest year (FY 2025) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Algorhythm Tech is 27AAACF6737G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Algorhythm Tech is U74999PN1999PTC014095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algorhythm Tech was incorporated on 20 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Pune.
Algorhythm Tech has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.72 Cr; the latest was in January 2023.
The peers of Algorhythm Tech by revenue are Zanshinsoft Private Limited, Ten20 Infomedia Private Limited, Cadryche Automation and Office Solutions Private Limited, Vpursue Technologies Private Limited, Sumago Infotech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Suraj Saharan was appointed as Additional Director on 17 Oct 2024. Kavya Shetty ceased to be Additional Director on 26 Sep 2024. Kavya Shetty was appointed as Director on 01 Aug 2024. Algorhythm Tech has 14 board changes on record in total.
Algorhythm Tech has 12 MSME Form 1 returns on record between 2015 and 2024, listing 23 overdue payments to 8 micro and small suppliers. The latest return was filed on 26 Apr 2024.