MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0000693
Algorithms Software Pvt.Ltd. - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹64.53 Cr
▲ 50% YoY
Net profit · FY 2025
₹1.53 Cr
Net margin 2.4%
EBITDA · FY 2025
₹4.59 Cr
EBITDA margin 7.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.04 Cr
Issued & subscribed
Satisfied charges
₹40 Lakh
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
67
Provident fund records
About Algorithms Software Pvt.Ltd.
Data last updated:
Algorithms Software Pvt.Ltd. 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 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1993PTC072883. Its GSTIN is 27AAACA6846M1ZB (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.04 Cr. It is led by directors including Seema Janak Vakharia and Janak Madhusudan Vakharia.
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 Ballard House Adi Marzbanpath Fort Bombay – 38., Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.53 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Cr (net margin 2.4%) and EBITDA of ₹4.59 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 21% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Algorithms Software and Xpedeon. As per MCA filings, the company has satisfied charges of ₹40 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹60 Cr; the latest was in November 2022. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 2 larger and 1 smaller; the largest is PRM Soft Solution Private Limited with revenue of ₹66.42 Cr.
Algorithms Software Pvt.Ltd. is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000693). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algosoftware.com.
Company details
CIN U72200MH1993PTC072883
Registration Number 072883
Incorporation Date 15 July 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0000693
Key People
Seema Janak Vakharia Director Janak Madhusudan Vakharia Director Madhusudan Brijlal Vakharia Director Recognitions & Rankings of Algorithms Software
Contact details
Algorithms Software Pvt.Ltd.'s registered office is in Mumbai, Maharashtra. Its website is algosoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBallard House Adi Marzbanpath Fort Bombay – 38., Mumbai, Maharashtra, India
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Algorithms Software Pvt.Ltd., buy the company report.
Comprehensive company report
Algorithms Software Pvt.Ltd. - one report that includes everything
- 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
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Brands
Algorithms Software operates two associated brands: Algorithms Software and Xpedeon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a cloud-based ERP solution for the construction industry. | algosoftware.com | |
| SaaS ERP solutions are delivered for engineering and construction sectors. | xpedeon.com |
Business activity
The main business activity of Algorithms Software is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Algorithms Software Pvt.Ltd., buy the company report.
Financials of Algorithms Software Pvt.Ltd.
FY 2025 filings availableAlgorithms Software Pvt.Ltd. reported revenue of ₹64.53 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹64.53 Cr ▲ 50%
Net profit · FY 2025
₹1.53 Cr margin 2.4%
EBITDA · FY 2025
₹4.59 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 30%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 21%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 50% growth in the latest year. EBITDA fell 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.53 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Algorithms Software Pvt.Ltd., buy the company report.
Board of directors of Algorithms Software Pvt.Ltd.
Algorithms Software has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Janak Vakharia | Director | 04 Mar 1995 | 31 Years 8 Months | Current |
| Janak Madhusudan Vakharia Also directs: Pearl Coschem Private Limited, Beeline Impex Private Limited, Vakharia Estate and Investment Pvt Ltd and 3 more | Director | 15 Jul 1993 | 33 Years 3 Months | Current |
| Madhusudan Brijlal Vakharia Also directs: Maxine Estate and Reality LLP, Pearl Coschem Private Limited, Beeline Impex Private Limited and 5 more | Director | 15 Jul 1993 | 33 Years 3 Months | Current |
Peer comparison
Algorithms Software Pvt.Ltd. is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PRM Soft Solution Private Limited | ₹66.42 Cr (FY 2025) | -14.0% | Pune, Maharashtra, India | |||
| Invensys Development Centre India Private Limited | ₹64.95 Cr (FY 2017) | 25.0% | Hyderabad, Telangana, India | |||
| Algorithms Software Pvt.Ltd.this company | ₹64.53 Cr (FY 2025) | ₹1.53 Cr | 2.4% | 50.0% | 67 | Mumbai, Maharashtra, India |
| Igefi Software India Private Limited | ₹64.08 Cr (FY 2017) | 9.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Algorithms Software Pvt.Ltd., buy the company report.
Auditor
Algorithms Software Pvt.Ltd. is audited by KALYANIWALLA & MISTRY LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANIWALLA & MISTRY LLP | FY 2023 | W100166 |
Shareholding
The shareholding of Algorithms Software Pvt.Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Algorithms Software Pvt.Ltd., buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2010 | 10225257 | Syndicate Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Algorithms Software Pvt.Ltd., buy the company report.
Total charge records: 1 View all charges
Deals & funding
Algorithms Software Pvt.Ltd. has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹60 Cr; the latest was in November 2022.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹60 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round · Series A | ₹60 Cr | Investors: Norwest Venture Partners |
| Mar 2001 | Secondary share transfer | Undisclosed | Buyer: J B Marzban & Company Private Limited Seller: Peeyusha Estate and Reality Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Algorithms Software Pvt.Ltd. has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Chetak Enterprises Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Chetak Enterprises Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Algorithms Software Pvt.Ltd., 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 Algorithms Software Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Algorithms Software Pvt.Ltd. has a workforce of 67 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
36.73%
GST
Algorithms Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA6846M1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Algorithms Software Pvt.Ltd., buy the company report.
Recent activity
Algorithms Software Pvt.Ltd. has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Vivek Manohar Sharma ceased to be Director on 15 Nov 2018.
AGM
Algorithms Software Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Algorithms Software Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Vivek Manohar Sharma ceased to be Director.
Ceased
Byram Nanabhoy Jeejeebhoy ceased to be Director.
Charges
A charge registered on 10 Jun 2010 via Charge ID 10225257 with Syndicate Bank was fully satisfied on 02 Jan 2018.
Charges
A charge with Syndicate Bank amounted to Rs. 0.40 Cr with Charge ID 10225257 was registered on 10 Jun 2010.
Appointed
Seema Janak Vakharia was appointed as Director.
Appointed
Janak Madhusudan Vakharia was appointed as Director.
Appointed
Madhusudan Brijlal Vakharia was appointed as Director.
Incorporation
15 Jul 1993
Algorithms Software Pvt.Ltd. was registered on 15 Jul 1993 with Roc Mumbai I & aged 33 years 3 months as per MCA records.
Frequently asked questions
Algorithms Software 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 July 1993 (33+ years old) and is registered under CIN U72200MH1993PTC072883.
Algorithms Software has 3 current directors:
- Seema Janak Vakharia - Director
- Janak Madhusudan Vakharia - Director
- Madhusudan Brijlal Vakharia - Director
The latest financial statements of Algorithms Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Algorithms Software is 27AAACA6846M1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Algorithms Software is U72200MH1993PTC072883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algorithms Software has 3 court cases on record: 3 filed against it.
Algorithms Software was incorporated on 15 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Algorithms Software has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹60 Cr; the latest was in November 2022.
The peers of Algorithms Software by revenue are PRM Soft Solution Private Limited, Invensys Development Centre India Private Limited, Igefi Software India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Vivek Manohar Sharma ceased to be Director on 15 Nov 2018. Byram Nanabhoy Jeejeebhoy ceased to be Director on 15 Oct 2018. Seema Janak Vakharia was appointed as Director on 04 Mar 1995. Algorithms Software has 5 board changes on record in total.
Yes, Algorithms Software is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0000693).
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