Daffodil Software Private Limited

Daffodil Software Private Limited - information technology in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U74899HR1999PTC066889 Incorporated 16 September 1999 ROC Delhi HQ Gurgaon, Haryana, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹119.92 Cr
▲ 5% YoY
Net profit · FY 2025
₹13.67 Cr
Net margin 11.4%
EBITDA · FY 2025
₹18.49 Cr
EBITDA margin 15.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.36 Cr
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹67.65 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
192
Provident fund records

About Daffodil Software Private Limited

Data last updated:

Daffodil Software Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 September 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1999PTC066889. Its GSTIN is 06AABCD2630B1ZG (Haryana). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.36 Cr. It was formerly known as Daffodil Software Limited. It is led by directors including Yogesh Kumar Agarwal (Managing Director) and Apoorva Kumar.

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 9th Floor Tower B – 1 DLF Silokhera SEZ Sector – 30, Gurgaon, Haryana, India – 122001.

As per the financials filed for FY 2025, the company reported a revenue of ₹119.92 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Cr (net margin 11.4%) and EBITDA of ₹18.49 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.

The company has about 192 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 2 brands: OkHire and Daffodil Software. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹67.65 Cr on record. Court records list 106 cases involving the company, including 88 filed by the company and 18 filed against it; 13 cases are pending. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹54 Lakh; the latest was in September 2017. Its 5 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Esi Software (India) Private Limited with revenue of ₹122.35 Cr. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 42 overdue payments to 21 micro and small suppliers.

Daffodil Software Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-HR-05-0014252). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daffodilsw.com.

Company details

CIN U74899HR1999PTC066889
Registration Number 066889
Incorporation Date 16 September 1999
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-HR-05-0014252

CIN history

Daffodil Software has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899HR1999PTC066889, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74899HR1999PTC066889Current
U74899HR1999PLC066889Previous
U74899DL1999PLC101583Previous

Recognitions & Rankings of Daffodil Software

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-HR-05-0014252

Contact details

Daffodil Software Private Limited's registered office is in Gurgaon, Haryana. Its website is daffodilsw.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    9th Floor Tower B – 1 DLF Silokhera SEZ Sector – 30, Gurgaon, Haryana, India – 122001
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Daffodil Software Private Limited, buy the company report.

Comprehensive company report
Daffodil Software Private Limited - one report that includes everything
  • 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
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Brands

Daffodil Software operates two associated brands: OkHire and Daffodil Software. Each brand links to its own profile.

BrandDescriptionWebsite
Provides employee background checks and verification services.okhire.co
A range of IT services is provided by Daffodil Software.daffodilsw.com

Business activity

The main business activity of Daffodil Software is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Daffodil Software Private Limited, buy the company report.

Financials of Daffodil Software Private Limited

FY 2024 filings available

Daffodil Software Private Limited reported revenue of ₹119.92 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹119.92 Cr ▲ 5%
Net profit · FY 2025
₹13.67 Cr margin 11.4%
EBITDA · FY 2025
₹18.49 Cr margin 15.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 8%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 5% growth in the latest year. EBITDA rose 39% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹18.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.67 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.4%
Net Profit Margin11.4%
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

To see the full financial statements and ratios of Daffodil Software Private Limited, buy the company report.

Board of directors of Daffodil Software Private Limited

Daffodil Software has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Apoorva KumarDirector20 Sep 20242 Years 1 MonthsCurrent
Yogesh Kumar AgarwalManaging Director01 Oct 200620 Years 0 MonthsCurrent
Krishan Kumar AgarwalDirector01 Oct 200125 Years 0 MonthsCurrent

Peer comparison

Daffodil Software Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Esi Software (India) Private Limited₹122.35 Cr (FY 2025)29.0%Bangalore, Karnataka, India
Draftspotting Technologies Private Limited₹121.39 Cr (FY 2025)92.0%Gurugram, Haryana, India
Verto Infosolutions India Private Limited₹121.38 Cr (FY 2022)72601.0%Dabra, Madhya Pradesh, India
Daffodil Software Private Limitedthis company₹119.92 Cr (FY 2025)₹13.67 Cr11.4%5.0%192Gurgaon, Haryana, India
Kanini Software Solutions India Private Limited₹119.42 Cr (FY 2025)-10.0%Chennai, Tamil Nadu, India
Clinisys (India) Private Limited₹116.46 Cr (FY 2025)54.0%Kolkata, West Bengal, India

To see the full peer comparison of Daffodil Software Private Limited, buy the company report.

Auditor

Daffodil Software Private Limited is audited by Sahni Bansal & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Sahni Bansal & AssociatesFY 2024514470C

Shareholding

The shareholding of Daffodil Software Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Daffodil Software Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
₹67.65 Cr
Breakdown by lending institutions
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2021100527436Others₹10 CrOpen
21 Feb 2022100548493Others₹50 CrSatisfied
15 Feb 2022100538037Others₹3 CrSatisfied
28 Feb 2019100254508Citi Bank N.A.₹10 CrSatisfied
10 Sep 2018100205302Others₹5 LakhSatisfied

To see the full charge records of Daffodil Software Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Daffodil Software Private Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹54 Lakh; the latest was in September 2017.

Total deals
10
Secondary share transfers
9
Funding round
1
Disclosed funding
₹54 Lakh

Deals on record (5 of 10)

WhenDealAmountParties
Sep 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2012Secondary share transferUndisclosedBuyer: an individual
Seller: Asm India Investments Pvt Ltd , Gargo Investments Pvt Ltd , Roshan Lal Agarwal & Sons Huf, an individual
Oct 2008Funding round₹54 LakhInvestors: Gargo Investments Pvt Ltd , Asm India Investments Pvt Ltd
Sep 2008Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2008Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Tek Chand Agarwal Huf, 2 individuals

To see the full deal history of Daffodil Software Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Daffodil Software Private Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 42 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 21)

SupplierAmount dueDue sinceReported on
Amrg & Associates
Khurana and Khurana Advocates and Ip Attorneys
Unthinkable Solutions LLP- V
an individual supplier
Aone Copier Services Private Limited

To see the full MSME payment records of Daffodil Software Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Daffodil Software has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Different Earth Spaces Real Estate Private LimitedU70109HR2018PTC076371
Daffodil Software Services LimitedU72300HR2008PLC038555

To see the full group structure of Daffodil Software Private Limited, buy the company report.

Employees & EPFO

Daffodil Software Private Limited has a workforce of 192 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
192
Active EPFO establishments
1
Employee growth
-8.13%

GST

Daffodil Software has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
06AABCD2630B1ZGHaryanaActive01 Jul 2017
06AABCD2630B2ZFHaryanaActive26 Jul 2017

To see the full GST registrations and return filing status of Daffodil Software Private Limited, buy the company report.

Recent activity

Daffodil Software Private Limited has 19 board changes on record since 2001: 3 appointments and 16 cessations. The latest: Apoorva Kumar ceased to be Additional Director on 29 Sep 2024.

Charges
A charge registered on 10 Sep 2018 via Charge ID 100205302 with Others was fully satisfied on 19 Aug 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 30 Dec 2021 with Charge ID 100527436 was modified on 03 Feb 2025.
Charges
A charge registered on 15 Feb 2022 via Charge ID 100538037 with Others was fully satisfied on 08 Oct 2024.
AGM
Daffodil Software Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Apoorva Kumar ceased to be Additional Director.
Appointed
Apoorva Kumar was appointed as Director.
Ceased
Sachin Garg ceased to be Whole-Time Director.
Filing
Daffodil Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Amandeep ceased to be Director.
Charges
A charge registered on 21 Feb 2018 via Charge ID 100166088 with Axis Bank Limited was fully satisfied on 16 Jul 2022.
Charges
A charge with Others of Rs. 3.00 Cr registered on 15 Feb 2022 with Charge ID 100538037 was modified on 14 Jul 2022.
Charges
A charge registered on 21 Feb 2022 via Charge ID 100548493 with Others was fully satisfied on 27 May 2022.

26 earlier events are in the company report.

Frequently asked questions

Daffodil Software is an active private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 September 1999 (27+ years old) and is registered under CIN U74899HR1999PTC066889.

Daffodil Software has 3 current directors:

The latest financial statements of Daffodil Software 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 2015 are in the company report.

The GSTIN of Daffodil Software is 06AABCD2630B1ZG, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCD2630B2ZF (Haryana).

The CIN (Corporate Identification Number) of Daffodil Software is U74899HR1999PTC066889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Daffodil Software has 106 court cases on record: 88 filed by the company and 18 filed against it. 13 are pending. Most are in the district courts.

Daffodil Software was incorporated on 16 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.

Daffodil Software has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹54 Lakh; the latest was in September 2017.

The peers of Daffodil Software by revenue are Esi Software (India) Private Limited, Draftspotting Technologies Private Limited, Verto Infosolutions India Private Limited, Kanini Software Solutions India Private Limited, Clinisys (India) Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).

Apoorva Kumar ceased to be Additional Director on 29 Sep 2024. Apoorva Kumar was appointed as Director on 20 Sep 2024. Sachin Garg ceased to be Whole-Time Director on 31 Jul 2024. Daffodil Software has 19 board changes on record in total.

Yes, Daffodil Software is registered as an MSME under Udyam registration (number: UDYAM-HR-05-0014252).

Daffodil Software has 11 MSME Form 1 returns on record between 2020 and 2024, listing 42 overdue payments to 21 micro and small suppliers. The latest return was filed on 30 Apr 2024.