About Comsol Multiphysics Private Limited
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Comsol Multiphysics Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 23 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008FTC048088. Its GSTIN is 29AADCC5011B1ZA (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.71 Lakh. It is led by directors including Farhad Saeidi and Svante Gustaf Littmarck.
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 Phoenix Pinnacle 3rd Floor No. 46 Ulsoor Road Ward No. 81, Bengaluru, Karnataka, India – 560042.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.11 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.71 Cr (net margin 14.7%) and EBITDA of ₹6.58 Cr (EBITDA margin 20.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 14% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Comsol.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comsol.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPhoenix Pinnacle 3rd Floor No. 46 Ulsoor Road Ward No. 81, Bengaluru, Karnataka, India – 560042
- IndustryInformation Technology, Software Development & 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 Comsol Multiphysics Private Limited
The main business activity of Comsol Multiphysics 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 Comsol Multiphysics Private Limited FY 2024 filings available
Comsol Multiphysics Private Limited reported revenue of ₹32.11 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Comsol Multiphysics Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 28% 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 Comsol Multiphysics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.71 Cr | •••• | •••• | •••• | •••• |
| 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 Comsol Multiphysics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.7% | •••• | •••• | •••• | •••• |
| 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 Comsol Multiphysics 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 Comsol Multiphysics Private Limited
Comsol Multiphysics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exor India Private Limited | •••• | •••• | •••• | •••• | 32 | Mumbai, Maharashtra, India |
| Zentek Export Engineering Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Eazy Erp Technologies Private Limited | •••• | •••• | •••• | •••• | 268 | Bhiwadi, Rajasthan, India |
| Exyte Solutions Private Limited | •••• | •••• | •••• | •••• | 48 | New Delhi, Delhi, India |
| Geidea Infotech Private Limited | •••• | •••• | •••• | •••• | 123 | Bangalore North, Karnataka, India |
| Comsol Multiphysics Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Smart Software Testing Solutions India Private Limited | •••• | •••• | •••• | •••• | 370 | Delhi, India |
| Zakapps Software Private Limited | •••• | •••• | •••• | •••• | 138 | Chennai, Tamil Nadu, India |
| Infogix International Private Limited | •••• | •••• | •••• | •••• | 80 | New Delhi, Delhi, India |
| Kalpita Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Prospecta Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Comsol Multiphysics by revenue in the Information Technology industry (Software Services), 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 Comsol Multiphysics Private Limited
Comsol Multiphysics Private Limited is audited by SHANKERN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHANKERN & ASSOCIATES | 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 Comsol Multiphysics Private Limited
Comsol Multiphysics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farhad Saeidi | Director | 23 Oct 2008 | 17 Years 11 Months | Current |
| Svante Gustaf Littmarck | Director | 23 Oct 2008 | 17 Years 11 Months | Current |
| Pawan Soami | Director | 10 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Comsol Multiphysics 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 Comsol Multiphysics Private Limited
Comsol Multiphysics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Comsol Multiphysics Private Limited
Comsol Multiphysics operates one associated brand: COMSOL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development services are provided by COMSOL to clients. | comsol.com |
Employees and EPFO Compliance at Comsol Multiphysics Private Limited
Comsol Multiphysics Private Limited has a workforce of 43 employees as of Apr 06, 2024.
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 Comsol Multiphysics Private Limited
Comsol Multiphysics Private Limited has 7 board changes on record since 2008: 5 appointments and 2 cessations. The latest: Vineet Dravid ceased to be Managing Director on 09 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Comsol Multiphysics 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 Comsol Multiphysics 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 Comsol Multiphysics 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 Comsol Multiphysics Private Limited
Comsol Multiphysics has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC5011B1ZA | 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 Comsol Multiphysics 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 Comsol Multiphysics Private Limited
Comsol Multiphysics is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 23 October 2008 (18+ years old) and is registered under CIN U72200KA2008FTC048088.
Comsol Multiphysics reported revenue of ₹32.11 Cr for FY 2024 (down 1% YoY).
Comsol Multiphysics has 3 current directors:
- Farhad Saeidi - Director
- Svante Gustaf Littmarck - Director
- Pawan Soami - Director
Comsol Multiphysics reported a net profit of ₹4.71 Cr (net margin 14.7%) and EBITDA of ₹6.58 Cr (EBITDA margin 20.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Comsol Multiphysics is 28% over three years and 14% over five years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Comsol Multiphysics is 29AADCC5011B1ZA, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Comsol Multiphysics is U72200KA2008FTC048088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comsol Multiphysics was incorporated on 23 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Comsol Multiphysics by revenue are Exor India Private Limited, Zentek Export Engineering Private Limited, Eazy Erp Technologies Private Limited, Exyte Solutions Private Limited, Geidea Infotech Private Limited and 5 more, all in the Information Technology industry (Software Services).
Vineet Dravid ceased to be Managing Director on 09 Mar 2022. Pawan Soami was appointed as Director on 10 Feb 2022. Tarvo Jukka Matti Tapio ceased to be Director on 29 Jul 2011. Comsol Multiphysics has 7 board changes on record in total.
Comsol Multiphysics can be reached through the website comsol.com. Its registered office is in Bengaluru, Karnataka, India.