About Blackstraw Technologies Private Limited
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Blackstraw Technologies Private Limited is a private limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999CH2018PTC041992. Its GSTIN is 33ABACS2791N1Z0 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Smartstraw India Private Limited. It is led by directors including Sanjay Mehta and Ravi Kumar.
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 H.No. – 41 Sector – 15A Chandigarh, Chandigarh, India – 160015.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.69 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.53 Cr (net margin 6.9%) and EBITDA of ₹3.81 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 54% over five years.
The company has about 198 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BlackStraw.
For more details, the company can be reached via its website blackstraw.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH.No. – 41 Sector – 15A Chandigarh, Chandigarh, India – 160015
- 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
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Business Activity of Blackstraw Technologies Private Limited
The main business activity of Blackstraw Technologies 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 Blackstraw Technologies Private Limited FY 2024 filings available
Blackstraw Technologies Private Limited reported revenue of ₹36.69 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Blackstraw Technologies Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 16% 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 Blackstraw Technologies 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.53 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Blackstraw Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.9% | •••• | •••• | •••• | •••• |
| 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 Blackstraw Technologies are in the company report.
Financial statements from FY 2019
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 Blackstraw Technologies Private Limited
Blackstraw Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mangoapps India Private Limited | ₹36.81 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Maventic Innovative Solutions Private Limited | ₹36.76 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Twenty Twenty Media Private Limited | ₹36.73 Cr (FY 2022) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Cloudwerx Solutions India Private Limited | ₹36.72 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
| Knovos India Private Limited | ₹36.71 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Koba, Gujarat, India |
| Blackstraw Technologies Private Limited this company | ₹36.69 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Chandigarh, India |
| Tagglabs Experiential Private Limited | ₹36.61 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Delhi, India |
| Works Applications (India) Private Limited | ₹36.61 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Lifesignals India Private Limited | ₹36.61 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Qed42 Engineering Private Limited | ₹36.53 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Deloitte Special Projects India Private Limited | ₹36.5 Cr (FY 2025) | •••• | •••• | -75.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Blackstraw Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Blackstraw Technologies Private Limited
Blackstraw Technologies Private Limited is audited by AMRK & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMRK & 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 Blackstraw Technologies Private Limited
Blackstraw Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Mehta | Director | 15 Jan 2021 | 5 Years 8 Months | Current |
| Ravi Kumar | Director | 08 May 2018 | 8 Years 5 Months | Current |
| Atul Arya | Director | 08 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Blackstraw Technologies 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 Blackstraw Technologies Private Limited
Blackstraw Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Blackstraw Technologies Private Limited
Blackstraw Technologies operates one associated brand: BlackStraw. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI platform providing cognitive automation and decision insights for enterprises. | blackstraw.ai |
Employees and EPFO Compliance at Blackstraw Technologies Private Limited
Blackstraw Technologies Private Limited has a workforce of 198 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.
Recent Activity on Blackstraw Technologies Private Limited
Blackstraw Technologies Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Sanjay Mehta ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Blackstraw Technologies 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 Blackstraw Technologies 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 Blackstraw Technologies 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 Blackstraw Technologies Private Limited
Blackstraw Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABACS2791N1Z0 | Tamil Nadu | Active | 04 Jun 2018 |
| 27ABACS2791N1ZT | Maharashtra | Active | 14 Mar 2019 |
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 Blackstraw Technologies 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.
Frequently Asked Questions about Blackstraw Technologies Private Limited
Blackstraw Technologies is an active private limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 May 2018 (8+ years old) and is registered under CIN U74999CH2018PTC041992.
Blackstraw Technologies reported revenue of ₹36.69 Cr for FY 2024 (down 6% YoY).
Blackstraw Technologies has 3 current directors:
- Sanjay Mehta - Director
- Ravi Kumar - Director
- Atul Arya - Director
Blackstraw Technologies reported a net profit of ₹2.53 Cr (net margin 6.9%) and EBITDA of ₹3.81 Cr (EBITDA margin 10.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blackstraw Technologies is 29% over three years and 54% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Blackstraw Technologies is 33ABACS2791N1Z0, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27ABACS2791N1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Blackstraw Technologies is U74999CH2018PTC041992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blackstraw Technologies was incorporated on 08 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Blackstraw Technologies by revenue are Mangoapps India Private Limited, Maventic Innovative Solutions Private Limited, Twenty Twenty Media Private Limited, Cloudwerx Solutions India Private Limited, Knovos India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Sanjay Mehta ceased to be Additional Director on 30 Nov 2021. Sanjay Mehta was appointed as Director on 15 Jan 2021. Rajan Krishna Arjun ceased to be Director on 25 Feb 2020. Blackstraw Technologies has 5 board changes on record in total.
Blackstraw Technologies can be reached through the website blackstraw.ai. Its registered office is in Chandigarh, India.