About Coderythm Technology Private Limited
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Coderythm Technology Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC076934. Its GSTIN is 29AAFCC8359Q1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Riyas Cheerangan Muhammed (Managing Director) and Amjid Backer.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #560 3rd Floor 1st Main Yeshwanthpur, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.52 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹6.9 Lakh (net margin -33.6%) and EBITDA of -₹5.16 Lakh (EBITDA margin -25.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 16% over five years.
The company is associated with 1 brand: CodeRythm.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coderythm.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#560 3rd Floor 1st Main Yeshwanthpur, Bangalore, Karnataka, India – 560022
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support 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 Coderythm Technology Private Limited
The main business activity of Coderythm Technology 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 |
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 Coderythm Technology Private Limited FY 2022 filings available
Coderythm Technology Private Limited reported revenue of ₹20.52 Lakh (down 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Coderythm Technology Private Limited
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 158% 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 Coderythm Technology Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20.52 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.9 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Coderythm Technology Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -33.6% | •••• | •••• | •••• | •••• |
| 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 Coderythm Technology are in the company report.
Financial statements from 2015
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 Coderythm Technology Private Limited
Coderythm Technology 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.). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Optura Soft Private Limited | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Growthbox Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Tech Atlantis Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Purplematics Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| PSL Systems Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Coderythm Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Comfsa Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Greencarrots Marketing Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Antsyz Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Binix Software Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Rolls Network Private Limited | •••• | •••• | •••• | •••• | - | North Twenty Four Pargana, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Coderythm Technology 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. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Coderythm Technology Private Limited
Coderythm Technology Private Limited is audited by JAREESH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAREESH & CO | 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 Coderythm Technology Private Limited
Coderythm Technology has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riyas Cheerangan Muhammed | Managing Director | 17 Apr 2017 | 9 Years 5 Months | Current |
| Amjid Backer | Director | 27 Oct 2014 | 11 Years 11 Months | Current |
| Ammar Mansoor | Director | 27 Oct 2014 | 11 Years 11 Months | Current |
| Azam Haris Also directs: Arenco Hotels and Caterers Private Limited | Director | 17 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Coderythm Technology 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 Coderythm Technology Private Limited
Coderythm Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Coderythm Technology Private Limited
Coderythm Technology operates one associated brand: CodeRythm. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web development, mobile apps, AI, and e-commerce solutions to global clients. | coderythm.com |
Employees and EPFO Compliance at Coderythm Technology Private Limited
Employment history and EPFO contributions of people linked to Coderythm Technology.
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 Coderythm Technology Private Limited
Coderythm Technology Private Limited has 5 board changes on record since 2014: 4 appointments and 1 cessation. The latest: Riyas Cheerangan Muhammed ceased to be Director on 20 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Coderythm Technology 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 Coderythm Technology 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 Coderythm Technology 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 Coderythm Technology Private Limited
Coderythm Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC8359Q1ZO | Karnataka | Active | 01 Jul 2017 |
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 Coderythm Technology 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 Coderythm Technology Private Limited
Coderythm Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 October 2014 (12+ years old) and is registered under CIN U72200KA2014PTC076934.
Coderythm Technology reported revenue of ₹20.52 Lakh for FY 2022 (down 43% YoY).
Coderythm Technology has 4 current directors:
- Riyas Cheerangan Muhammed - Managing Director
- Amjid Backer - Director
- Ammar Mansoor - Director
- Azam Haris - Director
Coderythm Technology reported a net loss of ₹6.9 Lakh (net margin -33.6%) and EBITDA of -₹5.16 Lakh (EBITDA margin -25.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coderythm Technology is -9% over three years and 16% over five years. In the latest year (FY 2022) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Coderythm Technology is 29AAFCC8359Q1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Coderythm Technology is U72200KA2014PTC076934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coderythm Technology was incorporated on 27 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Coderythm Technology by revenue are Optura Soft Private Limited, Growthbox Technologies Private Limited, Tech Atlantis Solutions Private Limited, Purplematics Technologies (OPC) Private Limited, PSL Systems Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Riyas Cheerangan Muhammed ceased to be Director on 20 Aug 2020. Azam Haris was appointed as Director on 17 Apr 2017. Riyas Cheerangan Muhammed was appointed as Managing Director on 17 Apr 2017. Coderythm Technology has 5 board changes on record in total.
Coderythm Technology can be reached through the website coderythm.com. Its registered office is in Bangalore, Karnataka, India.