About Crossasyst Infotech Private Limited
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Crossasyst Infotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC334036. Its GSTIN is 27AAICC5086F2ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Anthony Lonappan Nangini and Abel Suguna Rajan.
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 D – 104 10th Floor Symphony Chs Nahar Amrit Shakti Road Andheri East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.2 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹15.46 Cr (net margin 36.6%) and EBITDA of ₹14.72 Cr (EBITDA margin 34.9%).
The company has about 139 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Crossasyst Infotech and CrossAsyst. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
For more details, the company can be reached via its website crossasyst.com.
Company details
Contact details
Crossasyst Infotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is crossasyst.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 104 10th Floor Symphony Chs Nahar Amrit Shakti Road Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Crossasyst Infotech Private Limited, buy the company report.
- 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
Brands
Crossasyst Infotech operates two associated brands: Crossasyst Infotech and CrossAsyst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers custom software, QA testing, mobile apps, cloud engineering, and DevOps services. | crossasyst.com | |
| Custom software development services focused on technology solutions for healthcare, pharma, and fintech. | xasyst.com |
Financials of Crossasyst Infotech Private Limited
FY 2024 filings availableCrossasyst Infotech Private Limited reported revenue of ₹42.2 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA rose 76% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹42.2 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹14.72 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹15.46 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 34.9% | |||
| Net Profit Margin | 36.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Crossasyst Infotech Private Limited, buy the company report.
Board of directors of Crossasyst Infotech Private Limited
Crossasyst Infotech has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anthony Lonappan Nangini | Director | 05 Dec 2019 | 6 Years 10 Months | Current |
| Abel Suguna Rajan | Director | 05 Dec 2019 | 6 Years 10 Months | Current |
| Joseph Anthony | Director | 05 Dec 2019 | 6 Years 10 Months | Current |
| Jennifer Isaac Also directs: Fidele Multiventures Private Limited, Crossasyst Technologies Private Limited, Four Prints Services LLP and 4 more | Director | 05 Dec 2019 | 6 Years 10 Months | Current |
| Isaac Soundrapandian Nadar Also directs: Fidele Multiventures Private Limited | Director | 20 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Crossasyst Infotech Private Limited is audited by Kumar Shah & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumar Shah & Co | FY 2023 | 131277W |
Shareholding
The shareholding of Crossasyst Infotech Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Crossasyst Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2020 | 100332350 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Crossasyst Infotech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Crossasyst Infotech 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 Crossasyst Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Crossasyst Infotech Private Limited has a workforce of 139 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Crossasyst Infotech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC5086F2ZH | Maharashtra | Active | 27 Feb 2020 |
To see the full GST registrations and return filing status of Crossasyst Infotech Private Limited, buy the company report.
Recent activity
Crossasyst Infotech Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Isaac Soundrapandian Nadar ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Crossasyst Infotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 December 2019 (7+ years old) and is registered under CIN U72900MH2019PTC334036.
Crossasyst Infotech has 5 current directors:
- Anthony Lonappan Nangini - Director
- Abel Suguna Rajan - Director
- Joseph Anthony - Director
- Jennifer Isaac - Director
- Isaac Soundrapandian Nadar - Director
The latest financial statements of Crossasyst Infotech 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 FY 2020 are in the company report.
The GSTIN of Crossasyst Infotech is 27AAICC5086F2ZH, registered in Maharashtra. 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 Crossasyst Infotech is U72900MH2019PTC334036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crossasyst Infotech was incorporated on 05 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Isaac Soundrapandian Nadar ceased to be Additional Director on 29 Sep 2023. Isaac Soundrapandian Nadar was appointed as Director on 20 Aug 2020. Abel Suguna Rajan was appointed as Director on 05 Dec 2019. Crossasyst Infotech has 6 board changes on record in total.
Crossasyst Infotech can be reached through the website crossasyst.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Crossasyst Infotech is at D – 104 10th Floor Symphony Chs Nahar Amrit Shakti Road Andheri East, Mumbai, Maharashtra, India – 400072.
Crossasyst Infotech operates in the information technology industry, in the application development and software solutions segment.