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Cannyminds Technology Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.38 Lakh
▼ 49% YoY
Net profit · FY 2024
₹1.94 Lakh
Net margin 5.3%
EBITDA · FY 2024
₹5.07 Lakh
EBITDA margin 13.9%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹10.1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
2
Provident fund records
Directors on board
5
As per MCA filings
About Cannyminds Technology Solutions Private Limited
Data last updated:
Cannyminds Technology Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72901TN2020PTC135074. Its GSTIN is 33AAICC6950G1ZO (Tamil Nadu).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.1 Lakh. It is led by directors including Bhaskaran and Balakrishnan Maheshkumar.
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 No.88 Ramnagar 6th Street Velachery, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.38 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Lakh (net margin 5.3%) and EBITDA of ₹5.07 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CannyMinds.
Cannyminds Technology Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0025909). For more details, the company can be reached via its website cannymindstech.com.
Company Details of Cannyminds Technology Solutions Private Limited
CIN U72901TN2020PTC135074
Registration Number 135074
Incorporation Date 03 April 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0025909
Recognitions & Rankings of Cannyminds Technology Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0025909
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.88 Ramnagar 6th Street Velachery, Chennai, Tamil Nadu, India – 600042
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions operates one associated brand: CannyMinds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT Solution Services |CannyMinds Technology Solution | cannymindstech.com |
Business Activity of Cannyminds Technology Solutions Private Limited
The main business activity of Cannyminds Technology Solutions 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Cannyminds Technology Solutions Private Limited FY 2025 filings available
Cannyminds Technology Solutions Private Limited reported revenue of ₹36.38 Lakh (down 49% YoY) for FY 2024.
Revenue · FY 2024
₹36.38 Lakh ▼ 49%
Net profit · FY 2024
₹1.94 Lakh margin 5.3%
EBITDA · FY 2024
₹5.07 Lakh margin 13.9%
Compounded Annual Growth Rate (CAGR) of Cannyminds Technology Solutions Private Limited
Revenue CAGR growth
1 year
▼ 49%
3 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 46%
Revenue fell 49% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA fell 67% 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 Cannyminds Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹5.07 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.94 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 Cannyminds Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• |
| 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 Cannyminds Technology Solutions are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions has 5 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 |
|---|---|---|---|---|
| Bhaskaran | Director | 21 Feb 2025 | 1 Years 7 Months | Current |
| Balakrishnan Maheshkumar | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Kannappan Parthiban | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Udayakumar Murugan | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Christopher Arulandu Also directs: Cssup Consultancy Services Private Limited | Director | 02 Feb 2022 | 4 Years 8 Months | Current |
Peer Comparison of Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions 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 |
|---|---|---|---|---|---|---|
| Virtual Verity Scale Private Limited | ₹36.39 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Bangalore, Karnataka, India |
| Ank Technologies Private Limited | ₹36.39 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Vadodara, Gujarat, India |
| Wittorz Technologies Private Limited | ₹36.39 Lakh (FY 2024) | •••• | •••• | 58.0% | •••• | Bangalore, Karnataka, India |
| Redbrydge Consulting and Digital Services Private Limited | ₹36.39 Lakh (FY 2024) | •••• | •••• | 225.0% | •••• | Bangalore, Karnataka, India |
| Mahabala Web Logics Private Limited | ₹36.39 Lakh (FY 2025) | •••• | •••• | 73.0% | •••• | Hyderabad, Telangana, India |
| Cannyminds Technology Solutions Private Limited this company | ₹36.38 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Chennai, Tamil Nadu, India |
| Silverbuild Solutions Private Limited | ₹36.38 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Pune, Maharashtra, India |
| Polaris Services India Private Limited | ₹36.38 Lakh (FY 2018) | •••• | •••• | •••• | Udaipur, Rajasthan, India | |
| Elina Technology & Consultancy Private Limited | ₹36.37 Lakh (FY 2024) | •••• | •••• | -10.0% | •••• | Bhopal, Madhya Pradesh, India |
| Gigapros Networks Private Limited | ₹36.35 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Hyva IT Solutions Private Limited | ₹36.35 Lakh (FY 2016) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Cannyminds Technology Solutions 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 Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions Private Limited is audited by N V S R S & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N V S R S & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Cannyminds Technology Solutions Private Limited
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Charges & Borrowings of Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cannyminds Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Cannyminds Technology Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions Private Limited has 7 board changes on record since 2020: 5 appointments and 2 cessations. The latest: Bhaskaran was appointed as Director on 21 Feb 2025.
AGM
Cannyminds Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cannyminds Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Bhaskaran was appointed as Director.
Appointed
Christopher Arulandu was appointed as Director.
Ceased
Sundararaj Kanaga ceased to be Director.
Ceased
Thamburaj Priyadharshini ceased to be Director.
Appointed
Balakrishnan Maheshkumar was appointed as Director.
Appointed
Kannappan Parthiban was appointed as Director.
Appointed
Udayakumar Murugan was appointed as Director.
Incorporation
03 Apr 2020
Cannyminds Technology Solutions Private Limited was registered on 03 Apr 2020 with Roc Chennai & aged 6 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Cannyminds Technology Solutions Private Limited
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MSME Payment Delays by Cannyminds Technology Solutions Private Limited
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Subsidiaries & Group Companies of Cannyminds Technology Solutions Private Limited
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GST Compliance of Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICC6950G1ZO | Tamil Nadu | Active | 20 Jun 2020 |
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MCA Filings & Documents of Cannyminds Technology Solutions Private Limited
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Frequently Asked Questions about Cannyminds Technology Solutions Private Limited
Cannyminds Technology Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 April 2020 (6+ years old) and is registered under CIN U72901TN2020PTC135074.
Cannyminds Technology Solutions reported revenue of ₹36.38 Lakh for FY 2024 (down 49% YoY).
Cannyminds Technology Solutions has 5 current directors:
- Bhaskaran - Director
- Balakrishnan Maheshkumar - Director
- Kannappan Parthiban - Director
- Udayakumar Murugan - Director
- Christopher Arulandu - Director
Cannyminds Technology Solutions reported a net profit of ₹1.94 Lakh (net margin 5.3%) and EBITDA of ₹5.07 Lakh (EBITDA margin 13.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cannyminds Technology Solutions is 58% over three years. In the latest year (FY 2024) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cannyminds Technology Solutions is 33AAICC6950G1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Cannyminds Technology Solutions is U72901TN2020PTC135074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cannyminds Technology Solutions was incorporated on 03 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Cannyminds Technology Solutions by revenue are Virtual Verity Scale Private Limited, Ank Technologies Private Limited, Wittorz Technologies Private Limited, Redbrydge Consulting and Digital Services Private Limited, Mahabala Web Logics Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Bhaskaran was appointed as Director on 21 Feb 2025. Christopher Arulandu was appointed as Director on 02 Feb 2022. Sundararaj Kanaga ceased to be Director on 07 Dec 2020. Cannyminds Technology Solutions has 7 board changes on record in total.
Yes, Cannyminds Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).