About CTR Technology Solutions Private Limited
Data last updated:
CTR Technology Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 October 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC209398. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors including Ashwin Nandkumar Raghoji and Scott Bradley Scaff.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 301 Simran Plaza 3rd & 4th Road Corner Khar (West), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.15 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹11.35 Lakh (net margin 1.8%) and EBITDA of ₹17.25 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 26% over five years.
The company had about 23 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: CTR World.
The last known website on record is ctrworld.com.
Company details
Contact details
CTR Technology Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is ctrworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301 Simran Plaza 3rd & 4th Road Corner Khar (West), Mumbai, Maharashtra, India – 400052
- IndustryInformation Technology, Software Development & Support Services, IT Consulting & Support Services
To see the full contact details of CTR Technology Solutions 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
CTR Technology Solutions operates one associated brand: CTR World. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ERP cloud services are provided to enterprises from Irvine. | ctrworld.com |
Business activity
The main business activity of CTR Technology Solutions 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 CTR Technology Solutions Private Limited, buy the company report.
Financials of CTR Technology Solutions Private Limited
FY 2023 filings availableCTR Technology Solutions Private Limited reported revenue of ₹6.15 Cr (up 39% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 39% growth in the latest year. EBITDA rose 3% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.15 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.35 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of CTR Technology Solutions Private Limited, buy the company report.
Board of directors of CTR Technology Solutions Private Limited
CTR Technology Solutions has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Nandkumar Raghoji | Director | 30 Dec 2022 | 3 Years 10 Months | As last reported |
| Scott Bradley Scaff | Director | 30 Dec 2022 | 3 Years 10 Months | As last reported |
| Justin Louis Winter | Director | 30 Dec 2022 | 3 Years 10 Months | As last reported |
Peer comparison
CTR Technology Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Compatio India Private Limited | ₹6.19 Cr (FY 2024) | 124.0% | Ernakulam, Kerala, India | |||
| Codefire Technologies Private Limited | ₹6.16 Cr (FY 2024) | 30.0% | Noida, Uttar Pradesh, India | |||
| CTR Technology Solutions Private Limitedthis company | ₹6.15 Cr (FY 2022) | ₹11.35 Lakh | 1.8% | 39.0% | 23 | Mumbai, Maharashtra, India |
| Nexsemi Systems Private Limited | ₹6.14 Cr (FY 2025) | -18.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of CTR Technology Solutions Private Limited, buy the company report.
Auditor
CTR Technology Solutions Private Limited is audited by LADHA SINGHAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LADHA SINGHAL & ASSOCIATES | FY 2022 | 120241W |
Shareholding
The shareholding of CTR Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CTR Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving CTR Technology Solutions 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 CTR Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
CTR Technology Solutions Private Limited has a workforce of 23 employees on its EPFO records as of Mar 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 23 |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of CTR Technology Solutions Private Limited, buy the company report.
GST
CTR Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of CTR Technology Solutions Private Limited, buy the company report.
Recent activity
CTR Technology Solutions Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Aditya Alok Mundra ceased to be Director on 30 Dec 2022.
4 earlier events are in the company report.
Frequently asked questions
CTR Technology Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
CTR Technology Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 25 October 2010 and is registered under CIN U72900MH2010PTC209398. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
CTR Technology Solutions was incorporated on 25 October 2010. It is registered with the Registrar of Companies, Mumbai.
CTR Technology Solutions had 3 directors:
- Ashwin Nandkumar Raghoji - Director
- Scott Bradley Scaff - Director
- Justin Louis Winter - Director
The CIN (Corporate Identification Number) of CTR Technology Solutions is U72900MH2010PTC209398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of CTR Technology Solutions is at 301 Simran Plaza 3rd & 4th Road Corner Khar West, Mumbai, Maharashtra, India – 400052.
CTR Technology Solutions can be reached through the website ctrworld.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of CTR Technology Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. CTR Technology Solutions has 1 GST registration on record and it is cancelled or inactive.
CTR Technology Solutions operated in the information technology industry, in the software development and support services segment.
The peers of CTR Technology Solutions by revenue are Compatio India Private Limited, Codefire Technologies Private Limited, Nexsemi Systems Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
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