Codrain Technolabs Private Limited
About Codrain Technolabs Private Limited
Data last updated:
Codrain Technolabs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2018PTC104311. Its GSTIN is 24AAHCC7798P1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yagnesh Chandubhai Ponkiya and Piyush Vinubhai Sutariya.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.76 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹97,877 (net margin 1.5%) and EBITDA of ₹2.02 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4th Floor – 410 Arved Transcube Plaza, 132 Ft. Ring Road Opp. Ranip Brts Ranip, Ahmedabad, Gujarat, India – 382480
- 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
- One PDF report, delivered after checkout
Business Activity of Codrain Technolabs Private Limited
The main business activity of Codrain Technolabs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Codrain Technolabs Private Limited FY 2025 filings available
Codrain Technolabs Private Limited reported revenue of ₹63.76 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Codrain Technolabs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth in the latest year. EBITDA fell 5% 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 Codrain Technolabs 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 | ₹2.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹97,877 | •••• | •••• | •••• | •••• |
| 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 Codrain Technolabs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Codrain Technolabs are in the company report.
Financial statements from FY 2019
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 Codrain Technolabs Private Limited
Codrain Technolabs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ifuture Globistic IT Services Private Limited | ₹63.79 Lakh (FY 2023) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Codeoid Technologies Private Limited (OPC) | ₹63.78 Lakh (FY 2025) | •••• | •••• | 271.0% | •••• | Thane, Maharashtra, India |
| Vdna India Private Limited | ₹63.77 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Techwagger Solutions Private Limited | ₹63.76 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Lucknow, Uttar Pradesh, India |
| Debots Technologies Private Limited | ₹63.76 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Codrain Technolabs Private Limited this company | ₹63.76 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Gradhut India Private Limited | ₹63.76 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Pune, Maharashtra, India |
| Kreate Konnect E- Solutions Private Limited | ₹63.74 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Vadodara, Gujarat, India |
| Cubexsoft Tools Private Limited | ₹63.72 Lakh (FY 2024) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
| Ibhar Technologies Private Limited | ₹63.72 Lakh (FY 2023) | •••• | •••• | 114.0% | •••• | Chennai, Tamil Nadu, India |
| Uddatta Systems Private Limited | ₹63.7 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Codrain Technolabs by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Codrain Technolabs Private Limited
Codrain Technolabs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yagnesh Chandubhai Ponkiya | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Piyush Vinubhai Sutariya | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Codrain Technolabs 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 Codrain Technolabs Private Limited
Codrain Technolabs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Codrain Technolabs Private Limited
Employment history and EPFO contributions of people linked to Codrain Technolabs.
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 Codrain Technolabs Private Limited
Codrain Technolabs Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Piyush Vinubhai Sutariya was appointed as Director on 20 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Codrain Technolabs 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 Codrain Technolabs 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 Codrain Technolabs 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 Codrain Technolabs Private Limited
Codrain Technolabs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCC7798P1ZP | Gujarat | Active | 08 Jan 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 Codrain Technolabs 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 Codrain Technolabs Private Limited
Codrain Technolabs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U72200GJ2018PTC104311.
Codrain Technolabs reported revenue of ₹63.76 Lakh for FY 2025 (up 1% YoY).
Codrain Technolabs has 2 current directors:
- Yagnesh Chandubhai Ponkiya - Director
- Piyush Vinubhai Sutariya - Director
Codrain Technolabs reported a net profit of ₹97,877 (net margin 1.5%) and EBITDA of ₹2.02 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codrain Technolabs is 19% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codrain Technolabs is 24AAHCC7798P1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Codrain Technolabs is U72200GJ2018PTC104311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codrain Technolabs was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Codrain Technolabs by revenue are Ifuture Globistic IT Services Private Limited, Codeoid Technologies Private Limited (OPC), Vdna India Private Limited, Techwagger Solutions Private Limited, Debots Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Piyush Vinubhai Sutariya was appointed as Director on 20 Sep 2018. Yagnesh Chandubhai Ponkiya was appointed as Director on 20 Sep 2018.
The registered office of Codrain Technolabs is at 4th Floor – 410 Arved Transcube Plaza, 132 Ft. Ring Road Opp. Ranip Brts Ranip, Ahmedabad, Gujarat, India – 382480.