Cr2 Technologies Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2007PLC049741 Incorporated 09 January 2007 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company information technology
Data last updated
Revenue · FY 2020
₹1.37 Cr
▲ 389% YoY
Net profit · FY 2020
₹37.4 Lakh
Net margin 27.2%
EBITDA · FY 2020
₹50.96 Lakh
EBITDA margin 37.1%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

About Cr2 Technologies Limited

Data last updated:

Cr2 Technologies Limited is a public 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 09 January 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2007PLC049741. Its GSTIN is 24AADCC0044Q1ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Sarojini Shrirambhai Khemka and Vihar Niranjanbhai Shah.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 5th /F2 Iscon Elegance Circle P Sg Highway Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹37.4 Lakh (net margin 27.2%) and EBITDA of ₹50.96 Lakh (EBITDA margin 37.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 25% over five years.

Its group structure includes 1 subsidiary.

The company is associated with 3 brands: AwA, Library Automation and CR2 Technologies. Court records list 6 cases involving the company, including 6 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cr2.in.

Company Details of Cr2 Technologies Limited
CIN U72900GJ2007PLC049741
Registration Number 049741
Incorporation Date 09 January 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    5th /F2 Iscon Elegance Circle P Sg Highway Ahmedabad, Gujarat, India – 380015
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Cr2 Technologies Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Cr2 Technologies Limited

Cr2 Technologies operates multiple associated brands including AwA, Library Automation, and CR2 Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Provides a platform for efficient attendance management.awaweb.in
Develops advanced library automation software for schools, colleges, and institutions worldwide.librarysoftware.in
Library automation solutions are offered for education and healthcare sectors.cr2.in

Competitors & Alternatives of Cr2 Technologies Limited

Brands and companies operating in the same space as Cr2 Technologies Limited include Workday, Visma, PowerSchool and 7 more.

CompetitorDescriptionLocationFounded
Workday Workday Cloud-based HR and financial software is delivered to enterprises.Pleasanton, United States2005
Visma Visma Cloud-based ERP software is provided for business management across segments.Oslo, Norway1996
PowerSchool PowerSchool Cloud-based software for K-12 education is provided.Folsom, United States1997
Deltek Deltek Cloud-based ERP software is provided for project-driven organizations.Herndon, United States1983
Infor Infor Cloud-based ERP software is offered for multiple industries.New York, United States2002
Brightwheel Brightwheel Online platform for preschool management and parent updates is offered.San Francisco, United States2014
NetSuite NetSuite Cloud-based ERP software is delivered for multiple industries.Redwood City, United States1998
Oracle Oracle Hybrid cloud infrastructure solutions are delivered for business management.Austin, United States1977
SAP SAP Cloud and AI-based ERP software is offered for enterprises.Walldorf, Germany1972
TOTVS TOTVS ERP solutions are provided for managing operations across industries.Sao Paulo, Brazil1983

Business Activity of Cr2 Technologies Limited

The main business activity of Cr2 Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Auditor Details of Cr2 Technologies Limited

Cr2 Technologies Limited is audited by O R MALOO & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
O R MALOO & COLockedLockedLocked
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Board of Directors of Cr2 Technologies Limited

Cr2 Technologies has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sarojini Shrirambhai KhemkaDirector18 Jun 20206 Years 3 MonthsCurrent
Vihar Niranjanbhai ShahAdditional Director02 Dec 20205 Years 10 MonthsCurrent
Mitesh Mehta MadhusudanAdditional Director30 Aug 20197 Years 1 MonthsCurrent

Financials of Cr2 Technologies Limited FY 2020 filings available

Cr2 Technologies Limited reported revenue of ₹1.37 Cr (up 389% YoY) for FY 2020.

Revenue · FY 2020
₹1.37 Cr ▲ 389%
Net profit · FY 2020
₹37.4 Lakh margin 27.2%
EBITDA · FY 2020
₹50.96 Lakh margin 37.1%

Compounded Annual Growth Rate (CAGR) of Cr2 Technologies Limited

Revenue CAGR growth
1 year
▲ 389%
3 years · compounded
▲ 29%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 172%
3 years · compounded
▲ 32%
5 years · compounded
▼ 13%

Revenue rose 389% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 172% 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 Cr2 Technologies Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.37 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹50.96 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹37.4 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••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Cr2 Technologies Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin37.1%••••••••••••••••
Net Profit Margin27.2%••••••••••••••••
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 Cr2 Technologies are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Cr2 Technologies Limited

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Group Structure of Cr2 Technologies Limited

Cr2 Technologies has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
B2c Digital Private LimitedU72900GJ2015PTC083098Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Cr2 Technologies Limited

Cr2 Technologies Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Cr2 Technologies Limited

Employment history and EPFO contributions of people linked to Cr2 Technologies.

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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Cr2 Technologies Limited

Cr2 Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AADCC0044Q1ZQGujaratActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Cr2 Technologies Limited

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MSME Payment Delays by Cr2 Technologies Limited

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Subsidiaries & Group Companies of Cr2 Technologies Limited

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MCA Filings & Documents of Cr2 Technologies Limited

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Recent Activity on Cr2 Technologies Limited

Activity
31 Dec 2020
Cr2 Technologies Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Directors
02 Dec 2020
Vihar Niranjanbhai Shah was appointed as a Additional Director on 02 Dec 2020 & has been associated with this company since 5 years 10 months.
Directors
18 Jun 2020
Sarojini Shrirambhai Khemka was appointed as a Director on 18 Jun 2020 & has been associated with this company since 6 years 3 months.
Activity
31 Mar 2020
Cr2 Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
Directors
30 Aug 2019
Mitesh Mehta Madhusudan was appointed as a Additional Director on 30 Aug 2019 & has been associated with this company since 7 years 1 month.
Activity
09 Jan 2007
Cr2 Technologies Limited was registered on 09 Jan 2007 with Roc Ahmedabad & aged 19 years 8 months as per MCA records.

Recent News on Cr2 Technologies Limited

Frequently Asked Questions about Cr2 Technologies Limited

Cr2 Technologies is an active public 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 09 January 2007 (19+ years old) and is registered under CIN U72900GJ2007PLC049741.

Cr2 Technologies reported revenue of ₹1.37 Cr for FY 2020 (up 389% YoY).

Cr2 Technologies has 3 current directors:

Cr2 Technologies reported a net profit of ₹37.4 Lakh (net margin 27.2%) and EBITDA of ₹50.96 Lakh (EBITDA margin 37.1%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Cr2 Technologies is 29% over three years and -25% over five years. In the latest year (FY 2020) revenue rose 389%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Cr2 Technologies is 24AADCC0044Q1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Cr2 Technologies is U72900GJ2007PLC049741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cr2 Technologies has 6 court cases on record: 6 filed by the company.

Cr2 Technologies was incorporated on 09 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

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