Nutec Infotech

Ahmedabad, India Founded: 1991 • Age: 35 yrs
Provides comprehensive IT solutions in mobile application development, data analytics, and consulting services.

About Nutec Infotech

Nutec Infotech is a Technology company based in Ahmedabad (India) founded in 1991. It provides comprehensive IT solutions in mobile application development, data analytics, and consulting services. It operates on a B2B model. The company has 23 employees. Its Indian entity Nutec Infotech Private Limited reported revenue of β‚Ή3.20 Cr. Its focus areas include Information Technology, Software Services and Mobile Development and Analytics. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Nutec Infotech operates with a B2B model, focusing on leveraging cutting-edge technology, information technology, software services, and mobile development and analytics. Provides comprehensive IT solutions in mobile application development, data analytics, and consulting services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹3.20 Cr

    FY 2024 · +2% YoY

  • Net Loss
    -₹38 Lakh

    FY 2024 · -12% margin

  • EBITDA
    ₹26.1 Lakh

    FY 2024 · 8% margin

  • Employee Count
    23

Board of directors of Nutec Infotech Private Limited (Nutec Infotech)

Nutec Infotech Private Limited is the primary company behind Nutec Infotech. The board of Nutec Infotech Private Limited currently have 2 directors; the longest-serving is Heena Hetal Shah, appointed in 2005.

DirectorDesignationAppointedTenureEntity
Heena Hetal Shah
DIN 00368090
Director07 Jun 200521 yrs 4 moNutec Infotech Private Limited
Hetal Harshad Bhai Shah
DIN 00281210
Director07 Jun 200521 yrs 4 moNutec Infotech Private Limited

Financials of Nutec Infotech

Figures of Nutec Infotech Private Limited, the primary company behind Nutec Infotech, for FY 2024. Revenue was ₹3.20 Cr (+2% year on year). Net loss was -₹38 Lakh (-12% margin). EBITDA was ₹26.1 Lakh (8% margin). Revenue has grown at a compounded annual rate of +2% over three years and +3% over five years.

  • ₹3.20 CrRevenue · FY 2024 · +2% YoY
  • -₹38 LakhNet loss · -12% margin
  • ₹26.1 LakhEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • 23Employees (provident fund records)
  • +2%Revenue CAGR, 3 years
  • +3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Nutec Infotech Private Limited are on its company page.

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Detailed financial statements for Nutec Infotech

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Competitors of Nutec Infotech

Nutec Infotech has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Nutec Infotech

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Top companies in Mobile Application Ecosystem

2 companies that operate in the same segment as Nutec Infotech (Mobile Application Ecosystem) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Delivers a comprehensive super-app for multi-category products and services.
2019Mumbai, Maharashtra, India
Mobile apps are traded via an AI-powered bidding marketplace.
2017Delhi, Delhi, IndiaUSD 4 MUSD 1.38 M
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Frequently Asked Questions about Nutec Infotech

Nutec Infotech was founded in 1991.

Nutec Infotech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Nutec Infotech has 23 employees.

The primary company behind Nutec Infotech, Nutec Infotech Private Limited, reported revenue of β‚Ή3.20 Cr for FY 2024, up 2% year on year.

Nutec Infotech operates with a B2B model, focusing on leveraging cutting-edge technology, information technology, software services, and mobile development and analytics. Provides comprehensive IT solutions in mobile application development, data analytics, and consulting services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Nutec Infotech's top competitors include Happiest Minds and Datamatics.

Nutec Infotech operates through Nutec Infotech Private Limited.

The legal entities of Nutec Infotech currently have 2 directors, including Heena Hetal Shah, Hetal Harshad Bhai Shah.

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