About Belfrics Cryptex Private Limited
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Belfrics Cryptex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the payment gateway segment of the financial services sector. It was incorporated on 08 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC268237.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Puthan Purayil Kannamgatt Vazeem Jadeer and Praveenkumar Vijayakumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B/16 Grace Plaza S.V.Road Jogeshwari West, Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2022, the company reported a revenue of ₹63.37 Lakh. For the same year it recorded a net loss of ₹14.92 Lakh (net margin -23.5%) and EBITDA of -₹7.63 Lakh (EBITDA margin -12%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 6% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website belfrics.com.
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- Website
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- Registered AddressB/16 Grace Plaza S.V.Road Jogeshwari West, Mumbai, Maharashtra, India – 400102
- IndustryFinancial Services, Payment Gateway
- 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 Belfrics Cryptex Private Limited
The main business activity of Belfrics Cryptex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Belfrics Cryptex Private Limited FY 2022 filings available
Belfrics Cryptex Private Limited reported revenue of ₹63.37 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR) of Belfrics Cryptex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA fell 303% 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 Belfrics Cryptex Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹7.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.92 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 Belfrics Cryptex Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.5% | •••• | •••• | •••• | •••• |
| 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 Belfrics Cryptex are in the company report.
Financial statements from FY 2016
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 Belfrics Cryptex Private Limited
Belfrics Cryptex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puthan Purayil Kannamgatt Vazeem Jadeer Also directs: Belfrics BT Private Limited | Director | 27 Jul 2020 | 6 Years 2 Months | Current |
| Praveenkumar Vijayakumar | Additional Director | 08 Dec 2021 | 4 Years 10 Months | Current |
Peer Comparison of Belfrics Cryptex Private Limited
Belfrics Cryptex Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chinar Industrial Investment and Finance Limited | ₹63.84 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Ulka Finance and Investments Private Limited | ₹63.8 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Mili Securities and Finance Private Limited | ₹63.76 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Navi Mumbai, Maharashtra, India |
| Skindia Finance Pvt Ltd | ₹63.48 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| S P Finance and Trading Limited | ₹63.41 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Belfrics Cryptex Private Limited this company | ₹63.37 Lakh (FY 2022) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Kandoi Finance Pvt Ltd | ₹63.07 Lakh (FY 2024) | •••• | •••• | 69.0% | •••• | Cuttack, Odisha, India |
| Jaibalaji Worldwide Venture Finance Limited | ₹63.01 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Flipkart Finance Private Limited | ₹62.99 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| SHRS Vision Private Limited | ₹62.9 Lakh (FY 2023) | •••• | •••• | 91.0% | •••• | Malda, West Bengal, India |
| Dashami Finance Private Limited | ₹62.87 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Belfrics Cryptex by revenue in the Ecommerce and Internet industry (Finance), 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 Belfrics Cryptex Private Limited
Auditor information for Belfrics Cryptex Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Belfrics Cryptex 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 Belfrics Cryptex Private Limited
Belfrics Cryptex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Belfrics Cryptex Private Limited
Employment history and EPFO contributions of people linked to Belfrics Cryptex.
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 Belfrics Cryptex Private Limited
Belfrics Cryptex Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Jabeer Kannankattu Mangalatu ceased to be Director on 15 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Belfrics Cryptex 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 Belfrics Cryptex 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Belfrics Cryptex 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 Belfrics Cryptex 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 Belfrics Cryptex 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 Belfrics Cryptex Private Limited
Frequently Asked Questions about Belfrics Cryptex Private Limited
Belfrics Cryptex is an active private limited company based in Mumbai, Maharashtra, India. The company works in payment gateway, within the financial services industry. It was incorporated on 08 September 2015 (11+ years old) and is registered under CIN U74120MH2015PTC268237.
Belfrics Cryptex reported revenue of ₹63.37 Lakh for FY 2022.
Belfrics Cryptex has 2 current directors:
- Puthan Purayil Kannamgatt Vazeem Jadeer - Director
- Praveenkumar Vijayakumar - Additional Director
Belfrics Cryptex reported a net loss of ₹14.92 Lakh (net margin -23.5%) and EBITDA of -₹7.63 Lakh (EBITDA margin -12%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Belfrics Cryptex is -33% over three years and -6% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Belfrics Cryptex is U74120MH2015PTC268237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Belfrics Cryptex was incorporated on 08 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Belfrics Cryptex by revenue are Chinar Industrial Investment and Finance Limited, Ulka Finance and Investments Private Limited, Mili Securities and Finance Private Limited, Skindia Finance Pvt Ltd, S P Finance and Trading Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Jabeer Kannankattu Mangalatu ceased to be Director on 15 Oct 2022. Praveenkumar Vijayakumar was appointed as Additional Director on 08 Dec 2021. Puthan Purayil Kannamgatt Vazeem Jadeer ceased to be Additional Director on 31 Dec 2020. Belfrics Cryptex has 7 board changes on record in total.
Belfrics Cryptex can be reached through the website belfrics.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Belfrics Cryptex is at B16 Grace Plaza S.V.Road Jogeshwari West, Mumbai, Maharashtra, India – 400102.