- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0008213

Cyano IT Services Private Limited
About Cyano IT Services Private Limited
Data last updated:
Cyano IT Services Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2016PTC035343.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dstrokes Interactive Communication Services Private Limited and Different Strokes It Services Private Limited. It is led by directors including Nupur Shah and Romil Shah.
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 Nulabs 12/B Pologround, Indore, Madhya Pradesh, India – 452015.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.43 Lakh (net margin 60%) and EBITDA of ₹14.77 Lakh (EBITDA margin 71.3%).
Cyano IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0008213). The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Cyano IT Services Private Limited
Cyano IT Services has undergone 2 name changes throughout its history. The company was previously known as Dstrokes Interactive Communication Services Private Limited, and Different Strokes It Services Private Limited. The current legal name is Cyano It Services Private Limited.
| Company Name | Status |
|---|---|
| Cyano IT Services Private Limited | Current |
| Dstrokes Interactive Communication Services Private Limited | Previous |
| Different Strokes It Services Private Limited | Previous |
Recognitions & Rankings of Cyano IT Services
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNulabs 12/B Pologround, Indore, Madhya Pradesh, India – 452015
- 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 Cyano IT Services Private Limited
The main business activity of Cyano IT Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical 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 Cyano IT Services Private Limited FY 2025 filings available
Cyano IT Services Private Limited reported revenue of ₹20.71 Lakh (up 370% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cyano IT Services Private Limited
Revenue rose 370% in the latest year. EBITDA rose 425% 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 Cyano IT Services 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 | ₹14.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.43 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 Cyano IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 60% | •••• | •••• | •••• | •••• |
| 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 Cyano IT Services are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Cyano IT Services Private Limited
Cyano IT Services has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nupur Shah Also directs: Mppmo Analytical and Research Centre Private Limited | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
| Romil Shah | Director | 13 Jan 2024 | 2 Years 9 Months | Current |
| Smitesh Shah Also directs: Sedate Mercantile Private Limited, Biofil Chemicals and Pharmaceuticals Limited, Antsy Trading Company Private Limited and 3 more | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
Peer Comparison of Cyano IT Services Private Limited
Cyano IT Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical 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 |
|---|---|---|---|---|---|---|
| Ny Global Services Private Limited | ₹20.72 Lakh (FY 2021) | •••• | •••• | 490.0% | •••• | Delhi, India |
| Daphne Systems Private Limited | ₹20.72 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Tekgrove Technologies Private Limited | ₹20.72 Lakh (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| SKG Family Office Private Limited | ₹20.71 Lakh (FY 2024) | •••• | •••• | 165.0% | •••• | New Delhi, Delhi, India |
| Krips Consultants Private Limited | ₹20.71 Lakh (FY 2024) | •••• | •••• | 590.0% | •••• | New Delhi, Delhi, India |
| Cyano IT Services Private Limited this company | ₹20.71 Lakh (FY 2025) | •••• | •••• | 370.0% | •••• | Indore, Madhya Pradesh, India |
| K.U.M. India Private Limited | ₹20.7 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Chennai, Tamil Nadu, India |
| Hisab Systems Private Limited | ₹20.7 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | West Bengal, India |
| Techydata Solutions Private Limited | ₹20.69 Lakh (FY 2023) | •••• | •••• | 259.0% | •••• | Hyderabad, Telangana, India |
| Nxtgenix Solutions Private Limited | ₹20.69 Lakh (FY 2024) | •••• | •••• | 1632.0% | •••• | Thiruvananthapuram, Kerala, India |
| Metavlsi Technologies Private Limited | ₹20.69 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Cyano IT Services by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cyano IT Services Private Limited
Cyano IT Services Private Limited is audited by Manish Kadwane & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manish Kadwane & Company | 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.
Ownership and Shareholding of Cyano IT Services 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 Cyano IT Services Private Limited
Cyano IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cyano IT Services Private Limited
Employment history and EPFO contributions of people linked to Cyano IT Services.
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 Cyano IT Services Private Limited
Cyano IT Services Private Limited has 11 board changes on record since 2019: 3 appointments and 8 cessations. The latest: Ramesh Shah ceased to be Director on 11 Mar 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cyano IT Services 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 Cyano IT Services 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 Cyano IT Services 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 Cyano IT Services Private Limited
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 Cyano IT Services 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 Cyano IT Services Private Limited
Cyano IT Services is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 February 2016 (10+ years old) and is registered under CIN U72900MP2016PTC035343.
Cyano IT Services reported revenue of ₹20.71 Lakh for FY 2025 (up 370% YoY).
Cyano IT Services has 3 current directors:
- Nupur Shah - Director
- Romil Shah - Director
- Smitesh Shah - Director
Cyano IT Services reported a net profit of ₹12.43 Lakh (net margin 60%) and EBITDA of ₹14.77 Lakh (EBITDA margin 71.3%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Cyano IT Services is U72900MP2016PTC035343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyano IT Services was incorporated on 08 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Cyano IT Services by revenue are Ny Global Services Private Limited, Daphne Systems Private Limited, Tekgrove Technologies Private Limited, SKG Family Office Private Limited, Krips Consultants Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Ramesh Shah ceased to be Director on 11 Mar 2025. Romil Shah ceased to be Additional Director on 29 Sep 2024. Romil Shah was appointed as Director on 13 Jan 2024. Cyano IT Services has 11 board changes on record in total.
Yes, Cyano IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0008213).
The registered office of Cyano IT Services is at Nulabs 12B Pologround, Indore, Madhya Pradesh, India – 452015.
Cyano IT Services has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh.