Cipher Research Private Limited
About Cipher Research Private Limited
Data last updated:
Cipher Research Private Limited is a private limited company based in Dlf Qe, Haryana, India, a subsidiary of Cipher Group Technologies Inc.. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2017PTC125404. Its GSTIN is 06AAHCC3552B1Z4 (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harish Daiya and Shirish Daiya.
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 DLF Qe, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.15 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.36 Cr (net margin 8%) and EBITDA of ₹2.15 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 76% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFirst Floor Orchid Centre, Golf Course Road Sector – 53, DLF Qe, Haryana, India – 122002
- IndustryTravel and Hospitality, Consumer Professional 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
- One PDF report, delivered after checkout
CIN History of Cipher Research Private Limited
Cipher Research has one previous CIN (Corporate Identification Number): U72900WB2017PTC224089. The current CIN is U72900HR2017PTC125404, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900HR2017PTC125404 | Current |
| U72900WB2017PTC224089 | Previous |
Business Activity of Cipher Research Private Limited
The main business activity of Cipher Research is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Board of Directors of Cipher Research Private Limited
Cipher Research has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Daiya Also directs: Digi Metrix Media Private Limited | Director | 28 Jun 2019 | 7 Years 3 Months | Current |
| Shirish Daiya Also directs: Zespiral Technologies Private Limited | Director | 17 Apr 2018 | 8 Years 5 Months | Current |
| Patrick Noel Waddington Turner | Nominee Director | 24 Feb 2025 | 1 Years 7 Months | Current |
| Michael Lewis Gebhardt | Nominee Director | 24 Feb 2025 | 1 Years 7 Months | Current |
Financials of Cipher Research Private Limited FY 2025 filings available
Cipher Research Private Limited reported revenue of ₹17.15 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cipher Research Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 21% growth in the latest year. EBITDA rose 8% 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 Cipher Research 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 | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.36 Cr | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cipher Research Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 Cipher Research are in the company report.
Financial statements from FY 2018
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.
Charges & Borrowings of Cipher Research Private Limited
Cipher Research Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cipher Research Private Limited
Employment history and EPFO contributions of people linked to Cipher Research.
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.
GST Compliance of Cipher Research Private Limited
Cipher Research has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCC3552B1Z4 | Haryana | Active | 20 Aug 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.
Credit Ratings, Litigation & Regulatory Alerts for Cipher Research 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 Cipher Research 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 Cipher Research 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.
MCA Filings & Documents of Cipher Research 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.
Recent Activity on Cipher Research Private Limited
Frequently Asked Questions about Cipher Research Private Limited
Cipher Research is an active private limited company based in Dlf Qe, Haryana, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U72900HR2017PTC125404.
Cipher Research reported revenue of ₹17.15 Cr for FY 2024 (up 21% YoY).
Cipher Research has 4 current directors:
- Harish Daiya - Director
- Shirish Daiya - Director
- Patrick Noel Waddington Turner - Nominee Director
- Michael Lewis Gebhardt - Nominee Director
Cipher Research reported a net profit of ₹1.36 Cr (net margin 8%) and EBITDA of ₹2.15 Cr (EBITDA margin 12.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cipher Research is 47% over three years and 76% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cipher Research is 06AAHCC3552B1Z4, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cipher Research is U72900HR2017PTC125404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cipher Research was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The registered office of Cipher Research is at First Floor Orchid Centre, Golf Course Road Sector – 53, DLF Qe, Haryana, India – 122002.