MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0099228
Codiant Software Technologies Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.49 Cr
▼ 1% YoY
Net profit · FY 2025
₹20.05 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹2.19 Cr
EBITDA margin 12.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
106
Provident fund records
Directors on board
2
As per MCA filings
About Codiant Software Technologies Private Limited
Data last updated:
Codiant Software Technologies Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Yash Technologies Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2011PTC025640. Its GSTIN is 23AADCN8093N1ZY (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Neuron It Solutions Private Limited. It is led by directors Vikrant Jain and Balakrishna Venkata Navuluri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Bansi Trade Centre 581/5 M.G.Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.49 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹20.05 Lakh (net margin 1.1%) and EBITDA of ₹2.19 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Codiant. The company has 1 deal on record (1 acquisition); the latest was in October 2017. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is Claimpower India Private Limited with revenue of ₹17.53 Cr.
Codiant Software Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0099228). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website codiant.com.
Company details
CIN U72200MP2011PTC025640
Registration Number 025640
Incorporation Date 22 March 2011
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Yash Technologies Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0099228
Recognitions & Rankings of Codiant Software Technologies
Contact details
Codiant Software Technologies Private Limited's registered office is in Indore, Madhya Pradesh. Its website is codiant.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address101 Bansi Trade Centre 581/5 M.G.Road, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Codiant Software Technologies Private Limited, buy the company report.
Comprehensive company report
Codiant Software Technologies Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Codiant Software Technologies operates one associated brand: Codiant. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application development services are provided to clients across industries. | codiant.com |
Business activity
The main business activity of Codiant Software 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 Codiant Software Technologies Private Limited, buy the company report.
Financials of Codiant Software Technologies Private Limited
FY 2024 filings availableCodiant Software Technologies Private Limited reported revenue of ₹17.49 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹17.49 Cr ▼ 1%
Net profit · FY 2025
₹20.05 Lakh margin 1.1%
EBITDA · FY 2025
₹2.19 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 13%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 1%
5 years · compounded
▲ 6%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 7% 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 | ₹2.19 Cr | ||||
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| Net Profit (PAT) | ₹20.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Codiant Software Technologies Private Limited, buy the company report.
Board of directors of Codiant Software Technologies Private Limited
Codiant Software Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Jain | Director | 21 Nov 2013 | 12 Years 11 Months | Current |
| Balakrishna Venkata Navuluri Also directs: Flipchip Electronics Private Limited, Yash Infraestate India Private Limited, Yash Technologies Private Limited and 4 more | Director | 05 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Codiant Software Technologies Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Claimpower India Private Limited | ₹17.53 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Itam Advisory Services Private Limited | ₹17.53 Cr (FY 2024) | 157.0% | Mumbai, Maharashtra, India | |||
| Suffescom Solutions Private Limited | ₹17.51 Cr (FY 2024) | 25.0% | Mohali, Punjab, India | |||
| Inxite-Out Private Limited | ₹17.49 Cr (FY 2025) | 55.0% | Kolkata, West Bengal, India | |||
| Codiant Software Technologies Private Limitedthis company | ₹17.49 Cr (FY 2025) | ₹20.05 Lakh | 1.1% | -1.0% | 106 | Indore, Madhya Pradesh, India |
| Mozilor Technologies Private Limited | ₹17.48 Cr (FY 2025) | 37.0% | Kozhikode, Kerala, India | |||
| Idcol Software Limited | ₹17.48 Cr (FY 2022) | 40.0% | Bhubaneswar, Odisha, India | |||
| Ityx India Private Limited | ₹17.48 Cr (FY 2024) | 17.0% | Pune, Maharashtra, India | |||
| Tekiq Software Solutions Private Limited | ₹17.47 Cr (FY 2024) | Hyderabad, Telangana, India |
To see the full peer comparison of Codiant Software Technologies Private Limited, buy the company report.
Auditor
Codiant Software Technologies Private Limited is audited by ABHISHEK GANG AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK GANG AND COMPANY | FY 2023 | 009491C |
Shareholding
The shareholding of Codiant Software 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Codiant Software Technologies Private Limited, buy the company report.
Deals & funding
Codiant Software Technologies Private Limited has 1 deal on record (1 acquisition); the latest was in October 2017.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Acquisition | Undisclosed | Buyer: Yash Technologies Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Codiant Software Technologies 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 Codiant Software Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Codiant Software Technologies Private Limited has a workforce of 106 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
43.24%
GST
Codiant Software Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCN8093N1ZY | Madhya Pradesh | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Codiant Software Technologies Private Limited, buy the company report.
Recent activity
Codiant Software Technologies Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Balakrishna Venkata Navuluri ceased to be Additional Director on 29 Sep 2018.
AGM
Codiant Software Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Codiant Software Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Balakrishna Venkata Navuluri ceased to be Additional Director.
Appointed
Balakrishna Venkata Navuluri was appointed as Director.
Ceased
Nirmala Jain ceased to be Director.
Ceased
Shilpa Ashutosh Sharma ceased to be Director.
Appointed
Vikrant Jain was appointed as Director.
Incorporation
22 Mar 2011
Codiant Software Technologies Private Limited was registered on 22 Mar 2011 with Roc Gwalior & aged 15 years 7 months as per MCA records.
News
Frequently asked questions
Codiant Software Technologies is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 March 2011 (15+ years old) and is registered under CIN U72200MP2011PTC025640.
Codiant Software Technologies has 2 current directors:
- Vikrant Jain - Director
- Balakrishna Venkata Navuluri - Director
The latest financial statements of Codiant Software Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Codiant Software Technologies is 23AADCN8093N1ZY, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Codiant Software Technologies is U72200MP2011PTC025640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codiant Software Technologies was incorporated on 22 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Codiant Software Technologies has 1 deal on record (1 acquisition); the latest was in October 2017.
The peers of Codiant Software Technologies by revenue are Claimpower India Private Limited, Itam Advisory Services Private Limited, Suffescom Solutions Private Limited, Inxite-Out Private Limited, Mozilor Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Balakrishna Venkata Navuluri ceased to be Additional Director on 29 Sep 2018. Balakrishna Venkata Navuluri was appointed as Director on 05 Dec 2017. Nirmala Jain ceased to be Director on 05 Dec 2017. Codiant Software Technologies has 5 board changes on record in total.
Yes, Codiant Software Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0099228).
Codiant Software Technologies can be reached through the website codiant.com. Its registered office is in Indore, Madhya Pradesh, India.