About Clarion Technologies Private Limited
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Clarion Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2000PTC014901. Its GSTIN is 27AABCC8321Q1ZA (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹75,000. It is led by directors including Ambarish Ashok Vaidya and Siddharth Ranjan Motiwale.
Its last annual general meeting (AGM) was held on 29 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹123.03 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹16.53 Cr (net margin 13.4%) and EBITDA of ₹24.86 Cr (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 480 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Sacumen and Clarion. As per MCA filings, the company has open charges of ₹5 Lakh and satisfied charges of ₹5 Lakh on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 4 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2024. Its 6 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 4 smaller; the largest is Softeon India Private Limited with revenue of ₹124.41 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clariontech.com.
Company details
Contact details
Clarion Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is clariontech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 100 – 101/1 Part Of Tps Raja, Bahadur Motilal Road Sangamwadi, Pune, Maharashtra, India – 411001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Clarion Technologies Private Limited, buy the company report.
- 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
Brands
Clarion Technologies operates two associated brands: Sacumen and Clarion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security consulting and product engineering services are delivered by Sacumen. | sacumen.com | |
| Clarion Technologies is engaged in custom software and AI development. | clariontech.com |
Business activity
The main business activity of Clarion Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Clarion Technologies Private Limited, buy the company report.
Financials of Clarion Technologies Private Limited
FY 2024 filings availableClarion Technologies Private Limited reported revenue of ₹123.03 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 46% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.86 Cr | ||||
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| Net Profit (PAT) | ₹16.53 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 13.4% | ||||
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To see the full financial statements and ratios of Clarion Technologies Private Limited, buy the company report.
Board of directors of Clarion Technologies Private Limited
Clarion Technologies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambarish Ashok Vaidya | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Siddharth Ranjan Motiwale | Director | 26 Oct 2023 | 2 Years 11 Months | Current |
| Swati Agrawal | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Ankur Santosh Agarwal | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Clarion Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Softeon India Private Limited | ₹124.41 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Logic Information Systems (India) Private Limited | ₹123.11 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Clarion Technologies Private Limitedthis company | ₹123.03 Cr (FY 2025) | ₹16.53 Cr | 13.4% | -16.0% | 480 | Pune, Maharashtra, India |
| Numerator India Private Limited | ₹122.52 Cr (FY 2025) | -12.0% | Vadodara, Gujarat, India | |||
| Esi Software (India) Private Limited | ₹122.35 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Draftspotting Technologies Private Limited | ₹121.39 Cr (FY 2025) | 92.0% | Gurugram, Haryana, India | |||
| Verto Infosolutions India Private Limited | ₹121.38 Cr (FY 2022) | 72601.0% | Dabra, Madhya Pradesh, India |
To see the full peer comparison of Clarion Technologies Private Limited, buy the company report.
Auditor
Clarion Technologies Private Limited is audited by MGM and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGM and Co | FY 2023 | 117963W |
Shareholding
The shareholding of Clarion Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Clarion Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2015 | 10595421 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Clarion Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Clarion Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clarion Technologies Private Limited has 7 court cases on record: 4 filed by Clarion Technologies, 3 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 3 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 1 Pune | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 Pune | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Tax appeal | Filed by the company against The Dy.Commissioner of Income Tax Circle-1(1) | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 Pune | Disposed |
To see the full case history of Clarion Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clarion Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clarion Technologies Private Limited has a workforce of 480 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Clarion Technologies has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC8321Q1ZA | Maharashtra | Active | 01 Jul 2017 |
| 24AABCC8321Q2ZF | Gujarat | Active | 28 Nov 2019 |
| 29AABCC8321Q3Z4 | Karnataka | Active | 30 Aug 2022 |
To see the full GST registrations and return filing status of Clarion Technologies Private Limited, buy the company report.
Recent activity
Clarion Technologies Private Limited has 11 board changes on record since 2004: 4 appointments and 7 cessations. The latest: Ambarish Ashok Vaidya ceased to be Additional Director on 28 Aug 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Clarion Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 May 2000 (26+ years old) and is registered under CIN U72200PN2000PTC014901.
Clarion Technologies has 4 current directors:
- Ambarish Ashok Vaidya - Director
- Siddharth Ranjan Motiwale - Director
- Swati Agrawal - Director
- Ankur Santosh Agarwal - Director
The latest financial statements of Clarion Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Clarion Technologies is 27AABCC8321Q1ZA, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCC8321Q2ZF (Gujarat), 29AABCC8321Q3Z4 (Karnataka).
The CIN (Corporate Identification Number) of Clarion Technologies is U72200PN2000PTC014901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clarion Technologies has 7 court cases on record: 4 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.
Clarion Technologies was incorporated on 17 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Clarion Technologies has 1 deal on record (1 secondary share transfer); the latest was in March 2024.
The peers of Clarion Technologies by revenue are Softeon India Private Limited, Logic Information Systems (India) Private Limited, Numerator India Private Limited, Esi Software (India) Private Limited, Draftspotting Technologies Private Limited and 1 more, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Ambarish Ashok Vaidya ceased to be Additional Director on 28 Aug 2024. Siddharth Ranjan Motiwale ceased to be Additional Director on 28 Aug 2024. Ambarish Ashok Vaidya was appointed as Director on 01 Jun 2024. Clarion Technologies has 11 board changes on record in total.
Clarion Technologies can be reached through the website clariontech.com. Its registered office is in Pune, Maharashtra, India.