About Design Thinking Technologies India Private Limited
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Design Thinking Technologies India Private Limited is a foreign private limited company based in Indore, Madhya Pradesh, India, a subsidiary of The Algorithm Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2019FTC050507. Its GSTIN is 23AAHCD5921B1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahendra Nandedkar and Suchita Nandedkar.
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 14 – Df Scheme No. 74 – C Vijay Nagar, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.96 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹17.4 Lakh (net margin 8.9%) and EBITDA of ₹23.28 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 283% over five years.
The company is associated with 1 brand: The Algorithm.
For more details, the company can be reached via its website the-algo.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address14 – Df Scheme No. 74 – C Vijay Nagar, Indore, Madhya Pradesh, India – 452010
- 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
Associated Brands with Design Thinking Technologies India Private Limited
Design Thinking Technologies India operates one associated brand: The Algorithm. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom software, cloud infrastructure, cybersecurity, and IT support services. | the-algo.com |
Competitors & Alternatives of Design Thinking Technologies India Private Limited
Brands and companies operating in the same space as Design Thinking Technologies India Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Guidde | Cloud-based video tools for knowledge sharing and management are provided. | Belmont, United States | 2020 |
 QX Global Group | Digital transformation and business process management services are provided. | Skipton, United Kingdom | 2003 |
 Smile | Smile is recognized as a leader in open digital technology solutions. | - | 1991 |
Business Activity of Design Thinking Technologies India Private Limited
The main business activity of Design Thinking Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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.
Auditor Details of Design Thinking Technologies India Private Limited
Design Thinking Technologies India Private Limited is audited by HARISH KARKAL & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARISH KARKAL & 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 Design Thinking Technologies India Private Limited
Design Thinking Technologies India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Nandedkar | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Suchita Nandedkar | Director | 02 Nov 2020 | 5 Years 11 Months | Current |
Financials of Design Thinking Technologies India Private Limited FY 2025 filings available
Design Thinking Technologies India Private Limited reported revenue of ₹1.96 Cr (up 12% YoY) for FY 2025.
Growth of Design Thinking Technologies India Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▲ 12% | ▲ 5% | ▲ 283% |
| Net profit | ▲ 2% | ▲ 6% | ▲ 111% |
| EBITDA | ▲ 2% | ▲ 6% | ▲ 124% |
Revenue has grown at a compounded annual rate (CAGR) of 283% over five years, including 12% growth 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 Design Thinking Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹23.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.4 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Design Thinking Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Design Thinking Technologies India are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Design Thinking Technologies India 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 Design Thinking Technologies India Private Limited
Design Thinking Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Design Thinking Technologies India Private Limited
Employment history and EPFO contributions of people linked to Design Thinking Technologies India.
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.
GST Compliance of Design Thinking Technologies India Private Limited
Design Thinking Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCD5921B1Z6 | Madhya Pradesh | Active | 06 Nov 2020 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Design Thinking Technologies India 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 Design Thinking Technologies India 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 Design Thinking Technologies India 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.
MCA Filings & Documents of Design Thinking Technologies India 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.
Recent Activity on Design Thinking Technologies India Private Limited
Frequently Asked Questions about Design Thinking Technologies India Private Limited
Design Thinking Technologies India is an active foreign 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 31 December 2019 (7+ years old) and is registered under CIN U72900MP2019FTC050507.
Design Thinking Technologies India reported revenue of ₹1.96 Cr for FY 2025 (up 12% YoY).
Design Thinking Technologies India has 2 current directors:
- Mahendra Nandedkar - Director
- Suchita Nandedkar - Director
Design Thinking Technologies India reported a net profit of ₹17.4 Lakh (net margin 8.9%) and EBITDA of ₹23.28 Lakh (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Design Thinking Technologies India is 5% over three years and 283% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Design Thinking Technologies India is 23AAHCD5921B1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Design Thinking Technologies India is U72900MP2019FTC050507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Design Thinking Technologies India was incorporated on 31 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
Design Thinking Technologies India can be reached through the website the-algo.com. Its registered office is in Indore, Madhya Pradesh, India.