MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0099945
Codearray Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.07 Cr
▼ 33% YoY
Net profit · FY 2025
₹3.7 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹9.42 Lakh
EBITDA margin 4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Codearray Technologies Private Limited
Data last updated:
Codearray Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15549MH2014PTC251862. Its GSTIN is 27AAGCC3780J1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Connectaid Products Private Limited and Grail Enterprise Private Limited. It is led by directors Amit Arvind Gaonkar and Manoj Kumar Karthikeyan.
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 Office No. 813 8th Floor Damji Shamji Business Galleria Lbs Marg Kanjurmarg (West), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.07 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹3.7 Lakh (net margin 1.8%) and EBITDA of ₹9.42 Lakh (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
Codearray Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0099945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website codearray.tech.
Company Details of Codearray Technologies Private Limited
CIN U15549MH2014PTC251862
Registration Number 251862
Incorporation Date 08 January 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0099945
Name History of Codearray Technologies Private Limited
Codearray Technologies has undergone 2 name changes throughout its history. The company was previously known as Connectaid Products Private Limited, and Grail Enterprise Private Limited. The current legal name is Codearray Technologies Private Limited.
| Company Name | Status |
|---|---|
| Codearray Technologies Private Limited | Current |
| Connectaid Products Private Limited | Previous |
| Grail Enterprise Private Limited | Previous |
Recognitions & Rankings of Codearray Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 813 8th Floor Damji Shamji Business Galleria Lbs Marg Kanjurmarg (West), Mumbai, Maharashtra, India – 400078
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Codearray Technologies Private Limited
The main business activity of Codearray Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Codearray Technologies Private Limited FY 2025 filings available
Codearray Technologies Private Limited reported revenue of ₹2.07 Cr (down 33% YoY) for FY 2025.
Revenue · FY 2025
₹2.07 Cr ▼ 33%
Net profit · FY 2025
₹3.7 Lakh margin 1.8%
EBITDA · FY 2025
₹9.42 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR) of Codearray Technologies Private Limited
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 13%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 153%
3 years · compounded
▲ 53%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 33% fall in the latest year. EBITDA rose 153% 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 Codearray Technologies 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 | ₹9.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.7 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 Codearray Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Codearray Technologies are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Codearray Technologies Private Limited
Codearray Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Arvind Gaonkar Also directs: Healthsome Foods LLP, Earthon Products Private Limited, Retailigence Solutions Private Limited and 1 more | Director | 08 Jan 2014 | 12 Years 9 Months | Current |
| Manoj Kumar Karthikeyan Also directs: Healthsome Foods LLP, Earthon Products Private Limited | Director | 08 Jan 2014 | 12 Years 9 Months | Current |
Peer Comparison of Codearray Technologies Private Limited
Codearray Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vlinder Labs Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Sassy Infotech Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Surat, Gujarat, India |
| CSB Data Consulting Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Rohini, Delhi, India |
| Ecore-Agile Security Services Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Spiceblue Online Services Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Codearray Technologies Private Limited this company | ₹2.07 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Mumbai, Maharashtra, India |
| Privacy Pillar India Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Vadodara, Gujarat, India |
| Elula Tech Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Devanahalli, Karnataka, India |
| Jsimple Technosoft Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| Amahop Technologies Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Taliparamba, Kerala, India |
| Akkomplish Consulting Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Codearray Technologies by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Codearray Technologies Private Limited
Codearray Technologies Private Limited is audited by MANISH SHUKLA AND COMPANY for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANISH SHUKLA AND COMPANY | 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 Codearray Technologies Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Codearray Technologies Private Limited
Codearray Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Codearray Technologies Private Limited
Employment history and EPFO contributions of people linked to Codearray Technologies.
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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 Codearray Technologies Private Limited
Codearray Technologies Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Amit Arvind Gaonkar was appointed as Director on 08 Jan 2014.
AGM
Codearray Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Codearray Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Amit Arvind Gaonkar was appointed as Director.
Appointed
Manoj Kumar Karthikeyan was appointed as Director.
Incorporation
08 Jan 2014
Codearray Technologies Private Limited was registered on 08 Jan 2014 with Roc Mumbai I & aged 12 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Codearray Technologies Private Limited
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MSME Payment Delays by Codearray Technologies Private Limited
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Subsidiaries & Group Companies of Codearray Technologies Private Limited
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GST Compliance of Codearray Technologies Private Limited
Codearray Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC3780J1ZE | Maharashtra | Active | 24 Oct 2017 |
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MCA Filings & Documents of Codearray Technologies Private Limited
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Frequently Asked Questions about Codearray Technologies Private Limited
Codearray Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 January 2014 (12+ years old) and is registered under CIN U15549MH2014PTC251862.
Codearray Technologies reported revenue of ₹2.07 Cr for FY 2025 (down 33% YoY).
Codearray Technologies has 2 current directors:
- Amit Arvind Gaonkar - Director
- Manoj Kumar Karthikeyan - Director
Codearray Technologies reported a net profit of ₹3.7 Lakh (net margin 1.8%) and EBITDA of ₹9.42 Lakh (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codearray Technologies is -13% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codearray Technologies is 27AAGCC3780J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Codearray Technologies is U15549MH2014PTC251862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codearray Technologies was incorporated on 08 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Codearray Technologies by revenue are Vlinder Labs Private Limited, Sassy Infotech Private Limited, CSB Data Consulting Private Limited, Ecore-Agile Security Services Private Limited, Spiceblue Online Services Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Amit Arvind Gaonkar was appointed as Director on 08 Jan 2014. Manoj Kumar Karthikeyan was appointed as Director on 08 Jan 2014.
Yes, Codearray Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0099945).