About Codecimal Software Developers Private Limited
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Codecimal Software Developers Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021FTC126166. Its GSTIN is 24AAJCC8172B1ZU (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mayurkumar Gunvantbhai Patel and Siona Santos Delaney.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 1211 Shivalik Shilp Iscon Cross Road S.G. Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.2 Cr, a growth of 141% compared to the previous year. For the same year it recorded a net profit of ₹11.36 Lakh (net margin 9.5%) and EBITDA of ₹17.8 Lakh (EBITDA margin 14.9%).
The company has about 4 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website codecimal.io.
Company details
Contact details
Codecimal Software Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is codecimal.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1211 Shivalik Shilp Iscon Cross Road S.G. Highway, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Codecimal Software Developers 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
Business activity
The main business activity of Codecimal Software Developers 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 Codecimal Software Developers Private Limited, buy the company report.
Financials of Codecimal Software Developers Private Limited
FY 2023 filings availableCodecimal Software Developers Private Limited reported revenue of ₹1.2 Cr (up 141% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 141% in the latest year. EBITDA rose 134% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.2 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹17.8 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹11.36 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 | ||
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| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.9% | |
| Net Profit Margin | 9.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Codecimal Software Developers Private Limited, buy the company report.
Board of directors of Codecimal Software Developers Private Limited
Codecimal Software Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayurkumar Gunvantbhai Patel Also directs: Codecimal LLP, Logicalstreet Technology Private Limited | Director | 06 Oct 2021 | 5 Years 1 Months | Current |
| Siona Santos Delaney | Director | 06 Oct 2021 | 5 Years 1 Months | Current |
| Sean Joseph Delaney Also directs: Codecimal LLP | Director | 06 Oct 2021 | 5 Years 1 Months | Current |
Peer comparison
Codecimal Software Developers Private Limited is compared with the 5 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Force Power Infotech Private Limited | ₹1.2 Cr (FY 2024) | -12.0% | Kolkata, West Bengal, India | |||
| Odiware Technologies Private Limited | ₹1.2 Cr (FY 2024) | -55.0% | Bangalore, Karnataka, India | |||
| Codecimal Software Developers Private Limitedthis company | ₹1.2 Cr (FY 2023) | ₹11.36 Lakh | 9.5% | 141.0% | 4 | Ahmedabad, Gujarat, India |
| Aruna Saas Private Limited | ₹1.2 Cr (FY 2024) | 197.0% | Agra, Uttar Pradesh, India | |||
| Akshara Engineering Innovations Private Limited | ₹1.19 Cr (FY 2023) | -29.0% | Hyderabad, Telangana, India | |||
| Innoart Technologies Private Limited | ₹1.19 Cr (FY 2023) | -13.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Codecimal Software Developers Private Limited, buy the company report.
Auditor
Codecimal Software Developers Private Limited is audited by K R PAREKH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R PAREKH & ASSOCIATES | FY 2023 | 131721W |
Shareholding
The shareholding of Codecimal Software Developers Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Codecimal Software Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Codecimal Software Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Codecimal Software Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Codecimal Software Developers Private Limited has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Codecimal Software Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCC8172B1ZU | Gujarat | Active | 12 Jan 2022 |
To see the full GST registrations and return filing status of Codecimal Software Developers Private Limited, buy the company report.
Recent activity
Codecimal Software Developers Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Mayurkumar Gunvantbhai Patel was appointed as Director on 06 Oct 2021.
Frequently asked questions
Codecimal Software Developers is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 October 2021 (5+ years old) and is registered under CIN U72900GJ2021FTC126166.
Codecimal Software Developers has 3 current directors:
- Mayurkumar Gunvantbhai Patel - Director
- Siona Santos Delaney - Director
- Sean Joseph Delaney - Director
The latest financial statements of Codecimal Software Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Codecimal Software Developers is 24AAJCC8172B1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Codecimal Software Developers is U72900GJ2021FTC126166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codecimal Software Developers was incorporated on 06 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Codecimal Software Developers by revenue are Force Power Infotech Private Limited, Odiware Technologies Private Limited, Aruna Saas Private Limited, Akshara Engineering Innovations Private Limited, Innoart Technologies Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Mayurkumar Gunvantbhai Patel was appointed as Director on 06 Oct 2021. Sean Joseph Delaney was appointed as Director on 06 Oct 2021. Siona Santos Delaney was appointed as Director on 06 Oct 2021.
Codecimal Software Developers can be reached through the website codecimal.io. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Codecimal Software Developers is at 1211 Shivalik Shilp Iscon Cross Road S.G. Highway, Ahmedabad, Gujarat, India – 380015.
Codecimal Software Developers operates in the information technology industry, in the application development and software solutions segment.
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