About Codexial Technologies Private Limited
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Codexial Technologies Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC109378. Its GSTIN is 24AAICC3102G1Z9 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ajaykumar Arvindbhai Baldha and Sandeep Nagajibhai Rangani.
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 Shop No. 416 4th Floor Royal Square Utran, Surat, Gujarat, India – 394105.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.32 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.53 Lakh (net margin 4.2%) and EBITDA of ₹6.66 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 12% over five years.
For more details, the company can be reached via its website codexial.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No. 416 4th Floor Royal Square Utran, Surat, Gujarat, India – 394105
- IndustryInformation Technology, 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
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Business Activity of Codexial Technologies Private Limited
The main business activity of Codexial 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 |
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 Codexial Technologies Private Limited FY 2025 filings available
Codexial Technologies Private Limited reported revenue of ₹1.32 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Codexial Technologies Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 107% 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 Codexial 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 | ₹6.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.53 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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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Codexial Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Codexial Technologies are in the company report.
Financial statements from FY 2020
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 Codexial Technologies Private Limited
Codexial 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 |
|---|---|---|---|---|---|---|
| Specter and Bond Private Limited | ₹1.32 Cr (FY 2023) | •••• | •••• | 95.0% | •••• | Hyderabad, Telangana, India |
| Svastanibhanda Medical Technologies Private Limited | ₹1.32 Cr (FY 2024) | •••• | •••• | 147.0% | •••• | Coimbatore, Tamil Nadu, India |
| Lensmatic Solutions Private Limited | ₹1.32 Cr (FY 2024) | •••• | •••• | 250.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Declone Labs Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Surat, Gujarat, India |
| Opendash Technologies Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Jalandhar, Punjab, India |
| Codexial Technologies Private Limited this company | ₹1.32 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Surat, Gujarat, India |
| Inn4smart Solutions Private Limited | ₹1.32 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Gurgaon, Haryana, India |
| Samvi E-Commerce Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Gurgaon, Haryana, India |
| Scrrum Labs Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Delhi, India |
| Inbox Infotech Private Limited | ₹1.32 Cr (FY 2021) | •••• | •••• | 81.0% | •••• | Vadodara, Gujarat, India |
| Code2stay Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Codexial 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 Codexial Technologies Private Limited
Codexial Technologies Private Limited is audited by K B N G & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K B N G & 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 Codexial Technologies Private Limited
Codexial Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Arvindbhai Baldha Also directs: Ibl Finance Limited, Upward Brands Private Limited | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Sandeep Nagajibhai Rangani Also directs: Upward Brands Private Limited | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Codexial Technologies 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 Codexial Technologies Private Limited
Codexial Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Codexial Technologies Private Limited
Employment history and EPFO contributions of people linked to Codexial Technologies.
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 Codexial Technologies Private Limited
Codexial Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ajaykumar Arvindbhai Baldha was appointed as Director on 02 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Codexial Technologies 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 Codexial Technologies 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 Codexial Technologies 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 Codexial Technologies Private Limited
Codexial Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICC3102G1Z9 | Gujarat | Active | 25 Sep 2019 |
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 Codexial Technologies 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 Codexial Technologies Private Limited
Codexial Technologies is an active private limited company based in Surat, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 August 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC109378.
Codexial Technologies reported revenue of ₹1.32 Cr for FY 2025 (down 4% YoY).
Codexial Technologies has 2 current directors:
- Ajaykumar Arvindbhai Baldha - Director
- Sandeep Nagajibhai Rangani - Director
Codexial Technologies reported a net profit of ₹5.53 Lakh (net margin 4.2%) and EBITDA of ₹6.66 Lakh (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codexial Technologies is -32% over three years and 12% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codexial Technologies is 24AAICC3102G1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Codexial Technologies is U72900GJ2019PTC109378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codexial Technologies was incorporated on 02 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Codexial Technologies by revenue are Specter and Bond Private Limited, Svastanibhanda Medical Technologies Private Limited, Lensmatic Solutions Private Limited, Declone Labs Private Limited, Opendash Technologies Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Ajaykumar Arvindbhai Baldha was appointed as Director on 02 Aug 2019. Sandeep Nagajibhai Rangani was appointed as Director on 02 Aug 2019.
Codexial Technologies can be reached through the website codexial.in. Its registered office is in Surat, Gujarat, India.