About Delex Technologies Private Limited
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Delex Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 18 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2008PTC068879. Its GSTIN is 33AAFCM6820J1ZH (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Maje Management Solutionz Private Limited. It is led by directors Lakshmi Raveendranath and Gopinath Raveendranath.
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 New No. 20 Old No. 151 Mangala Nagar 6th Cross Street Porur, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.77 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹33.87 Lakh (net margin 4.4%) and EBITDA of ₹66.67 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years and 100% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DelEx Technologies. As per MCA filings, the company has open charges of ₹1.22 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website delextech.com.
- EmailLocked
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- Website
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- Registered AddressNew No. 20 Old No. 151 Mangala Nagar 6th Cross Street Porur, Chennai, Tamil Nadu, India – 600116
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Delex Technologies Private Limited
The main business activity of Delex Technologies is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | 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 Delex Technologies Private Limited FY 2024 filings available
Delex Technologies Private Limited reported revenue of ₹7.77 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Delex Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 100% over five years, including 24% growth in the latest year. EBITDA fell 44% 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 Delex Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹66.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.87 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Delex Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Delex Technologies are in the company report.
Financial statements from 2015
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.
Peer Comparison of Delex Technologies Private Limited
Delex Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bangalore Strategic Solutions Private Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
| Davis Chandy Consult and Services Private Limited | ₹7.81 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Shuchi Manpower Services Private Limited | ₹7.8 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Kedar Security Services Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Siwan, Bihar, India |
| Dalvi Management Consultants Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Delex Technologies Private Limited this company | ₹7.77 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| K.S.S Multifacilities Private Limited | ₹7.76 Cr (FY 2024) | •••• | •••• | 4749.0% | •••• | Mumbai, Maharashtra, India |
| Ultimate HR Corporate Services Private Limited | ₹7.75 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Thane, Maharashtra, India |
| Nihon Corporate Solutions Private Limited | ₹7.74 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rewari, Haryana, India |
| Kapaleshwar Services Private Limited | ₹7.73 Cr (FY 2025) | •••• | •••• | 203.0% | •••• | Nashik, Maharashtra, India |
| Moxieit Digital Private Limited | ₹7.73 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Vijayawada, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Delex Technologies by revenue in the Outsourcing industry (HR Outsourcing), 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 Delex Technologies Private Limited
Delex Technologies Private Limited is audited by S SUBRAMANYAM & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S SUBRAMANYAM & CO | 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.
Board of Directors of Delex Technologies Private Limited
Delex Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Raveendranath Also directs: Delex Consulting Private Limited, Ppraksha Foundation | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Gopinath Raveendranath Also directs: Delex Consulting Private Limited, Ppraksha Foundation | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Delex Technologies 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 Delex Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2022 | Others | ₹1.22 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Delex Technologies Private Limited
Delex Technologies operates one associated brand: DelEx Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recruitment and staffing solutions across multiple sectors including IT and healthcare. | delextech.com |
Employees and EPFO Compliance at Delex Technologies Private Limited
Delex Technologies Private Limited has a workforce of 23 employees as of Apr 07, 2024.
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 Delex Technologies Private Limited
Delex Technologies Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Gopinath Raveendranath ceased to be Additional Director on 29 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Delex Technologies 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 Delex Technologies 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 Delex Technologies 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 Delex Technologies Private Limited
Delex Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM6820J1ZH | Tamil Nadu | Active | 07 Sep 2017 |
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 Delex Technologies 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 Delex Technologies Private Limited
Delex Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 18 August 2008 (18+ years old) and is registered under CIN U72900TN2008PTC068879.
Delex Technologies reported revenue of ₹7.77 Cr for FY 2024 (up 24% YoY).
Delex Technologies has 2 current directors:
- Lakshmi Raveendranath - Director
- Gopinath Raveendranath - Director
Delex Technologies reported a net profit of ₹33.87 Lakh (net margin 4.4%) and EBITDA of ₹66.67 Lakh (EBITDA margin 8.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Delex Technologies is 101% over three years and 100% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Delex Technologies is 33AAFCM6820J1ZH, registered in Tamil Nadu. 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 Delex Technologies is U72900TN2008PTC068879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Delex Technologies was incorporated on 18 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Delex Technologies by revenue are Bangalore Strategic Solutions Private Limited, Davis Chandy Consult and Services Private Limited, Shuchi Manpower Services Private Limited, Kedar Security Services Private Limited, Dalvi Management Consultants Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Gopinath Raveendranath ceased to be Additional Director on 29 Apr 2017. Lakshmi Raveendranath ceased to be Additional Director on 29 Apr 2017. Natarajan Sridharan ceased to be Director on 24 Aug 2016. Delex Technologies has 6 board changes on record in total.
Delex Technologies can be reached through the website delextech.com. Its registered office is in Chennai, Tamil Nadu, India.