About Etrix Technologies Private Limited
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Etrix Technologies Private Limited is a private limited company based in Bhubaneswar, Orissa, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2016PTC019994. Its GSTIN is 21AAECE2145D1ZE (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harshwardhan Kumar and Nitin Kumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at E – 51 Infocity, Bhubaneswar, Orissa, India – 751024.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.39 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹23,460 (net margin 2.8%) and EBITDA of ₹1.03 Lakh (EBITDA margin 12.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 22% over five years.
The company is associated with 1 brand: Etrix Tech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website etrixtech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 51 Infocity, Bhubaneswar, Orissa, India – 751024
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
- 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 Etrix Technologies Private Limited
Etrix Technologies operates one associated brand: Etrix Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of application development services | etrixtech.com |
Competitors & Alternatives of Etrix Technologies Private Limited
Brands and companies operating in the same space as Etrix Technologies 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 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 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 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 QX Global Group | Digital transformation and business process management services are provided. | Skipton, United Kingdom | 2003 |
 Brightspot | CMS solutions for digital publishers are provided and managed. | Reston, United States | 2008 |
Business Activity of Etrix Technologies Private Limited
The main business activity of Etrix Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Etrix Technologies Private Limited
Etrix Technologies Private Limited is audited by HARICHANDAN KARAN & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARICHANDAN KARAN & ASSOCIATES | 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 Etrix Technologies Private Limited
Etrix Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshwardhan Kumar | Director | 03 Mar 2016 | 10 Years 7 Months | Current |
| Nitin Kumar | Director | 03 Mar 2016 | 10 Years 7 Months | Current |
| Satish Kumar Singh | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
Financials of Etrix Technologies Private Limited FY 2022 filings available
Etrix Technologies Private Limited reported revenue of ₹8.39 Lakh (down 32% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Etrix Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 32% fall in the latest year. EBITDA fell 34% 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 Etrix Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23,460 | •••• | •••• | •••• | •••• |
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Financial Ratios of Etrix Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Etrix Technologies 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.
Ownership and Shareholding of Etrix 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 Etrix Technologies Private Limited
Etrix Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Etrix Technologies Private Limited
Etrix Technologies Private Limited has a workforce of 0 employees as of Mar 28, 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.
GST Compliance of Etrix Technologies Private Limited
Etrix Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECE2145D1ZE | Odisha | Active | 02 Dec 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.
Credit Ratings, Litigation & Regulatory Alerts for Etrix 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 Etrix 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 Etrix 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.
MCA Filings & Documents of Etrix 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.
Recent Activity on Etrix Technologies Private Limited
Frequently Asked Questions about Etrix Technologies Private Limited
Etrix Technologies is an active private limited company based in Bhubaneswar, Orissa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 March 2016 (10+ years old) and is registered under CIN U72200OR2016PTC019994.
Etrix Technologies reported revenue of ₹8.39 Lakh for FY 2022 (down 32% YoY).
Etrix Technologies has 3 current directors:
- Harshwardhan Kumar - Director
- Nitin Kumar - Director
- Satish Kumar Singh - Director
Etrix Technologies reported a net profit of ₹23,460 (net margin 2.8%) and EBITDA of ₹1.03 Lakh (EBITDA margin 12.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Etrix Technologies is -43% over three years and -22% over five years. In the latest year (FY 2022) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Etrix Technologies is 21AAECE2145D1ZE, registered in Odisha.
The CIN (Corporate Identification Number) of Etrix Technologies is U72200OR2016PTC019994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etrix Technologies was incorporated on 03 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
Yes, Etrix Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).