About Cipherhut Software India Private Limited
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Cipherhut Software India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 20 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2018PTC180934. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shrikant Dilip Bhalerao and Dilip Bhalerao.
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 307 World Trade Centre Tech Park 1, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.51 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹2.38 Cr and EBITDA of -₹2.36 Cr. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 57% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website cipherhut.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address307 World Trade Centre Tech Park 1, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, Web Design & Maintenance 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
Business Activity of Cipherhut Software India Private Limited
The main business activity of Cipherhut Software India 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 | 62 | 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 Cipherhut Software India Private Limited FY 2024 filings available
Cipherhut Software India Private Limited reported revenue of ₹3.51 Lakh (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cipherhut Software India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 63% fall in the latest year. EBITDA rose 33% 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 Cipherhut Software India Private Limited
| Metrics | FY 2024-25 | 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 | -₹2.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.38 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cipherhut Software India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Cipherhut Software India 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 Cipherhut Software India Private Limited
Cipherhut Software India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gleantech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Life-Up Software Park Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Accustra Internet Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Opendev Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Shruvmi Digitech Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cipherhut Software India Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Aask Edutech Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Ramkae Tech Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Consolebit Technologies Private Limited | •••• | •••• | •••• | •••• | - | Alwar, Rajasthan, India |
| Ramayad Media Tech Edu Consultant (OPC) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pirsquare Digital Solutions Private Limited | •••• | •••• | •••• | •••• | - | Buldhana, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cipherhut Software India by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Cipherhut Software India Private Limited
Cipherhut Software India Private Limited is audited by Rabindra Sahu & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rabindra Sahu & 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 Cipherhut Software India Private Limited
Cipherhut Software India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Dilip Bhalerao Also directs: Blustone Legal LLP, Western Fintrade Pvt Ltd | Director | 20 Dec 2018 | 7 Years 9 Months | Current |
| Dilip Bhalerao | Director | 20 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Cipherhut Software India 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 Cipherhut Software India Private Limited
Cipherhut Software India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cipherhut Software India Private Limited
Cipherhut Software India Private Limited has a workforce of 42 employees as of Apr 08, 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 Cipherhut Software India Private Limited
Cipherhut Software India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dilip Bhalerao was appointed as Director on 20 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Cipherhut Software India 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 Cipherhut Software India 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 Cipherhut Software India 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 Cipherhut Software India Private Limited
Cipherhut Software India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Cipherhut Software India 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 Cipherhut Software India Private Limited
Cipherhut Software India is an active private limited company based in Pune, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 20 December 2018 (8+ years old) and is registered under CIN U72900PN2018PTC180934.
Cipherhut Software India reported revenue of ₹3.51 Lakh for FY 2025 (down 63% YoY).
Cipherhut Software India has 2 current directors:
- Shrikant Dilip Bhalerao - Director
- Dilip Bhalerao - Director
Cipherhut Software India reported a net loss of ₹2.38 Cr and EBITDA of -₹2.36 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cipherhut Software India is -80% over three years and -57% over five years. In the latest year (FY 2025) revenue fell 63%. CAGR is the steady yearly rate that links the first and the last year.
No. Cipherhut Software India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Cipherhut Software India is U72900PN2018PTC180934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cipherhut Software India was incorporated on 20 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Cipherhut Software India by revenue are Gleantech Solutions Private Limited, Life-Up Software Park Private Limited, Accustra Internet Private Limited, Opendev Technologies Private Limited, Shruvmi Digitech Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Dilip Bhalerao was appointed as Director on 20 Dec 2018. Shrikant Dilip Bhalerao was appointed as Director on 20 Dec 2018.
Cipherhut Software India can be reached through the website cipherhut.com. Its registered office is in Pune, Maharashtra, India.