About Derek Technology Solutions Private Limited
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Derek Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 16 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51505KA2008PTC047787. Its GSTIN is 29AACCD9903E1ZN (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anoop Balaraman and Sunoop Balaraman.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.1237/1 23rd Cross 30th Main Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.74 Lakh (net margin -169.8%) and EBITDA of -₹5.59 Lakh (EBITDA margin -165.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 38% over five years.
The company is associated with 1 brand: Derek Technology Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dereksolutions.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.1237/1 23rd Cross 30th Main Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryEducation, EdTech Solutions
- 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
Associated Brands with Derek Technology Solutions Private Limited
Derek Technology Solutions operates one associated brand: Derek Technology Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers display and customer engagement solutions for businesses. | dereksolutions.co.in |
Financials of Derek Technology Solutions Private Limited FY 2019 filings available
Derek Technology Solutions Private Limited reported revenue of ₹3.38 Lakh (up 154% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Derek Technology Solutions Private Limited
Revenue rose 154% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. 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 Derek Technology Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.38 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.74 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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Financial Ratios of Derek Technology Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -165.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -169.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| 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 Derek Technology Solutions 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.
Board of Directors of Derek Technology Solutions Private Limited
Derek Technology Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Balaraman | Director | 16 Sep 2008 | 18 Years 1 Months | Current |
| Sunoop Balaraman | Director | 16 Mar 2014 | 12 Years 7 Months | Current |
Auditor Details of Derek Technology Solutions Private Limited
Derek Technology Solutions Private Limited is audited by T V S BHAT & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T V S BHAT & 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.
Ownership and Shareholding of Derek Technology Solutions 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 Derek Technology Solutions Private Limited
Derek Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Derek Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Derek Technology Solutions.
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 Derek Technology Solutions Private Limited
Derek Technology Solutions Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Cavale Arun Kumar ceased to be Director on 30 Apr 2014.
Credit Ratings, Litigation & Regulatory Alerts for Derek Technology Solutions 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 Derek Technology Solutions 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 Derek Technology Solutions 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 Derek Technology Solutions Private Limited
Derek Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCD9903E1ZN | Karnataka | Active | 01 Jul 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 Derek Technology Solutions 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 Derek Technology Solutions Private Limited
Derek Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 16 September 2008 (18+ years old) and is registered under CIN U51505KA2008PTC047787.
Derek Technology Solutions reported revenue of ₹3.38 Lakh for FY 2019 (up 154% YoY).
Derek Technology Solutions has 2 current directors:
- Anoop Balaraman - Director
- Sunoop Balaraman - Director
Derek Technology Solutions reported a net loss of ₹5.74 Lakh (net margin -169.8%) and EBITDA of -₹5.59 Lakh (EBITDA margin -165.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Derek Technology Solutions is -41% over three years and -38% over five years. In the latest year (FY 2019) revenue rose 154%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Derek Technology Solutions is 29AACCD9903E1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Derek Technology Solutions is U51505KA2008PTC047787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Derek Technology Solutions was incorporated on 16 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Cavale Arun Kumar ceased to be Director on 30 Apr 2014. Sunoop Balaraman was appointed as Director on 16 Mar 2014. Anoop Balaraman was appointed as Director on 16 Sep 2008.
Derek Technology Solutions can be reached through the website dereksolutions.co.in. Its registered office is in Bangalore, Karnataka, India.