MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0381938
Explicate Technologies Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.46 Lakh
▼ 38% YoY
Net loss · FY 2024
₹1.76 Lakh
Net margin -4.7%
EBITDA · FY 2024
-₹1.64 Lakh
EBITDA margin -4.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Explicate Technologies Private Limited
Data last updated:
Explicate Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2014PTC151433. Its GSTIN is 27AADCE6898E2Z8 (Maharashtra). 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 is led by directors including Mahesh Marotrao Bhople and Santosh Tukaram Badal.
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 S.No. 22/1 Thite Wasti Nr. Kamble Workshop, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.46 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Lakh (net margin -4.7%) and EBITDA of -₹1.64 Lakh (EBITDA margin -4.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 9% over five years.
Explicate Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0381938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website explicate.in.
Company details
CIN U72200PN2014PTC151433
Registration Number 151433
Incorporation Date 12 June 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0381938
Key People
Mahesh Marotrao Bhople Director Santosh Tukaram Badal Director Kailas Ajinath Adling Director Recognitions & Rankings of Explicate Technologies
Contact details
Explicate Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is explicate.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.No. 22/1 Thite Wasti Nr. Kamble Workshop, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Explicate Technologies Private Limited, buy the company report.
Comprehensive company report
Explicate Technologies 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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Business activity
The main business activity of Explicate Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Explicate Technologies Private Limited, buy the company report.
Financials of Explicate Technologies Private Limited
FY 2025 filings availableExplicate Technologies Private Limited reported revenue of ₹37.46 Lakh (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹37.46 Lakh ▼ 38%
Net loss · FY 2024
₹1.76 Lakh margin -4.7%
EBITDA · FY 2024
-₹1.64 Lakh margin -4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 17%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 119%
3 years · compounded
▼ 94%
5 years · compounded
▼ 20%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 119% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.64 Lakh | ||||
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| Net Profit (PAT) | -₹1.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -4.4% | ||||
| Net Profit Margin | -4.7% | ||||
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To see the full financial statements and ratios of Explicate Technologies Private Limited, buy the company report.
Board of directors of Explicate Technologies Private Limited
Explicate Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Marotrao Bhople | Director | 12 Jun 2014 | 12 Years 4 Months | Current |
| Santosh Tukaram Badal Also directs: Oneshelter Private Limited, Unichronic Systems Private Limited | Director | 28 Mar 2023 | 3 Years 6 Months | Current |
| Kailas Ajinath Adling Also directs: Oneshelter Private Limited, Unichronic Systems Private Limited | Director | 28 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Explicate Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gabbit Trans Systems Private Limited | ₹37.49 Lakh (FY 2025) | -28.0% | New Delhi, Delhi, India | |||
| Invatu Technologies Private Limited | ₹37.49 Lakh (FY 2025) | 216.0% | Delhi, India | |||
| Cognitica AI Private Limited | ₹37.48 Lakh (FY 2024) | 29.0% | Coimbatore, Tamil Nadu, India | |||
| Eanvo Technologies Private Limited | ₹37.47 Lakh (FY 2021) | -67.0% | Pune, Maharashtra, India | |||
| Explicate Technologies Private Limitedthis company | ₹37.46 Lakh (FY 2024) | -₹1.76 Lakh | -4.7% | -38.0% | Pune, Maharashtra, India | |
| Stylabs Technologies Private Limited | ₹37.46 Lakh (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Gaze IT Solutions Private Limited | ₹37.45 Lakh (FY 2021) | -54.0% | Pune, Maharashtra, India | |||
| Enaar Infotech Private Limited | ₹37.45 Lakh (FY 2019) | 24.0% | Patna, Bihar, India | |||
| Kyros IT Services Private Limited | ₹37.41 Lakh (FY 2025) | -50.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Explicate Technologies Private Limited, buy the company report.
Auditor
Explicate Technologies Private Limited is audited by V J KULKARNI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V J KULKARNI & ASSOCIATES | FY 2021 | 105448W |
Shareholding
The shareholding of Explicate Technologies Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Explicate Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Explicate Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Explicate Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Explicate Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE6898E2Z8 | Maharashtra | Active | 25 Oct 2018 |
To see the full GST registrations and return filing status of Explicate Technologies Private Limited, buy the company report.
Recent activity
Explicate Technologies Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Amin Mehndi Budhwani ceased to be Director Appointed In Casual Vacancy on 30 Mar 2023.
AGM
Explicate Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Explicate Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Amin Mehndi Budhwani ceased to be Director Appointed In Casual Vacancy.
Appointed
Kailas Ajinath Adling was appointed as Director.
Appointed
Santosh Tukaram Badal was appointed as Director.
Ceased
Pooja Hanmanlu Yalmalwar ceased to be Director.
Ceased
Prashant Subhash Gadewad ceased to be Director.
Appointed
Mahesh Marotrao Bhople was appointed as Director.
Incorporation
12 Jun 2014
Explicate Technologies Private Limited was registered on 12 Jun 2014 with Roc Pune & aged 12 years 4 months as per MCA records.
Frequently asked questions
Explicate Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 June 2014 (12+ years old) and is registered under CIN U72200PN2014PTC151433.
Explicate Technologies has 3 current directors:
- Mahesh Marotrao Bhople - Director
- Santosh Tukaram Badal - Director
- Kailas Ajinath Adling - Director
The latest financial statements of Explicate Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Explicate Technologies is 27AADCE6898E2Z8, registered in Maharashtra. 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 Explicate Technologies is U72200PN2014PTC151433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explicate Technologies was incorporated on 12 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Explicate Technologies by revenue are Gabbit Trans Systems Private Limited, Invatu Technologies Private Limited, Cognitica AI Private Limited, Eanvo Technologies Private Limited, Stylabs Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Amin Mehndi Budhwani ceased to be Director Appointed In Casual Vacancy on 30 Mar 2023. Kailas Ajinath Adling was appointed as Director on 28 Mar 2023. Santosh Tukaram Badal was appointed as Director on 28 Mar 2023. Explicate Technologies has 6 board changes on record in total.
Yes, Explicate Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0381938).
Explicate Technologies can be reached through the website explicate.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Explicate Technologies is at S.No. 221 Thite Wasti Nr. Kamble Workshop, Pune, Maharashtra, India – 411014.