About Appfire Technologies (India) Private Limited
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Appfire Technologies (India) Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Appfire International Holdings Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2012FTC078437. Its GSTIN is 36AAKCA1168J1ZJ (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Venkatesh Goud Durgam and Edward Alexander Triplett.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.48 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹4.28 Cr (net margin 10.8%) and EBITDA of ₹5.8 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 27% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Appfire.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website appfire.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressThe Executive Center Level 12 Tower 30, Rmz Nexity Inorbit Mall Road Raidurg Village Hitech City, Hyderabad, Telangana, India – 500081
- 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
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Business Activity of Appfire Technologies (India) Private Limited
The main business activity of Appfire Technologies (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Appfire Technologies (India) Private Limited FY 2024 filings available
Appfire Technologies (India) Private Limited reported revenue of ₹39.48 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Appfire Technologies (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 35% growth in the latest year. EBITDA rose 92% 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 Appfire Technologies (India) 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 | ₹5.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.28 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Appfire Technologies (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.8% | •••• | •••• | •••• | •••• |
| 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 Appfire Technologies (India) 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 Appfire Technologies (India) Private Limited
Appfire Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amity Software Limited | ₹39.75 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Turningpoint Software Solutions Private Limited | ₹39.65 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Span Technology Services Private Limited | ₹39.64 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| Senas Net Private Limited | ₹39.61 Cr (FY 2025) | •••• | •••• | 11307.0% | •••• | Coimbatore, Tamil Nadu, India |
| Softude Infotech Private Limited | ₹39.59 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Indore, Madhya Pradesh, India |
| Appfire Technologies (India) Private Limited this company | ₹39.48 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Hyderabad, Telangana, India |
| Nexg Iot Solutions Private Limited | ₹39.29 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Xsilica Software Solutions Private Limited | ₹39.22 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Logixal Solutions Private Limited | ₹39.2 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Beo Software Private Limited | ₹39.19 Cr (FY 2023) | •••• | •••• | 32.0% | •••• | Kochi, Kerala, India |
| Dssi Solutions (India) Private Limited | ₹39.13 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Appfire Technologies (India) by revenue in the Information Technology industry (Application Development), 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 Appfire Technologies (India) Private Limited
Appfire Technologies (India) Private Limited is audited by RAMESH ATHASNIYA & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMESH ATHASNIYA & COMPANY | 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 Appfire Technologies (India) Private Limited
Appfire Technologies (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Goud Durgam | Director | 08 Apr 2024 | 2 Years 6 Months | Current |
| Edward Alexander Triplett | Director | 16 Apr 2024 | 2 Years 6 Months | Current |
| Alpers Christine Diane | Director | 06 Mar 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Appfire Technologies (India) 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 Appfire Technologies (India) Private Limited
Appfire Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Appfire Technologies (India) Private Limited
Appfire Technologies (India) operates one associated brand: Appfire. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile app development services are offered by Appfire. | appfire.com |
Employees and EPFO Compliance at Appfire Technologies (India) Private Limited
Appfire Technologies (India) Private Limited has a workforce of 102 employees as of Apr 06, 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.
CIN History of Appfire Technologies (India) Private Limited
Appfire Technologies (India) has one previous CIN (Corporate Identification Number): U72300AP2012FTC078437. The current CIN is U72300TG2012FTC078437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2012FTC078437 | Current |
| U72300AP2012FTC078437 | Previous |
Recent Activity on Appfire Technologies (India) Private Limited
Appfire Technologies (India) Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Edward Alexander Triplett ceased to be Director on 15 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Appfire Technologies (India) 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 Appfire Technologies (India) 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 Appfire Technologies (India) 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 Appfire Technologies (India) Private Limited
Appfire Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCA1168J1ZJ | Telangana | 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
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MCA Filings & Documents of Appfire Technologies (India) 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
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Related news about Appfire Technologies (India) Private Limited
Frequently Asked Questions about Appfire Technologies (India) Private Limited
Appfire Technologies (India) is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 January 2012 (14+ years old) and is registered under CIN U72300TG2012FTC078437.
Appfire Technologies (India) reported revenue of ₹39.48 Cr for FY 2024 (up 35% YoY).
Appfire Technologies (India) has 3 current directors:
- Venkatesh Goud Durgam - Director
- Edward Alexander Triplett - Director
- Alpers Christine Diane - Director
Appfire Technologies (India) reported a net profit of ₹4.28 Cr (net margin 10.8%) and EBITDA of ₹5.8 Cr (EBITDA margin 14.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Appfire Technologies (India) is 16% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Appfire Technologies (India) is 36AAKCA1168J1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Appfire Technologies (India) is U72300TG2012FTC078437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appfire Technologies (India) was incorporated on 06 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Appfire Technologies (India) by revenue are Amity Software Limited, Turningpoint Software Solutions Private Limited, Span Technology Services Private Limited, Senas Net Private Limited, Softude Infotech Private Limited and 5 more, all in the Information Technology industry (Application Development).
Edward Alexander Triplett ceased to be Director on 15 May 2025. Pankaj Kumar Goel ceased to be Director on 22 Apr 2024. Edward Alexander Triplett was appointed as Director on 16 Apr 2024. Appfire Technologies (India) has 7 board changes on record in total.
Appfire Technologies (India) can be reached through the website appfire.com. Its registered office is in Hyderabad, Telangana, India.