Farserve Technologies Private Limited
About Farserve Technologies Private Limited
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Farserve Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 17 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2003PTC139190.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Hemraj Gangji Chheda and Maitri Hemraj Chheda.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 102 Ranjit Studio Dada Saheb Phalke Road Dadar (E), Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.38 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 35.3%) and EBITDA of ₹1.6 Lakh (EBITDA margin 47.3%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address102 Ranjit Studio Dada Saheb Phalke Road Dadar (E), Mumbai, Maharashtra, India – 400014
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 of Farserve Technologies Private Limited
The main business activity of Farserve Technologies 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 | J6 | 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.
Financials of Farserve Technologies Private Limited FY 2025 filings available
Farserve Technologies Private Limited reported revenue of ₹3.38 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Farserve Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 76% fall in the latest year. EBITDA rose 198% 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 Farserve Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.19 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Farserve Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 35.3% | •••• | •••• | •••• | •••• |
| 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 Farserve 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 Farserve Technologies Private Limited
Farserve Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teek Wagnis Business Solutions Private Limited. | ₹3.39 Lakh (FY 2016) | •••• | •••• | -64.0% | •••• | Coimbatore, Tamil Nadu, India |
| Mojo Technology Labs Private Limited | ₹3.39 Lakh (FY 2022) | •••• | •••• | 417.0% | •••• | New Delhi, Delhi, India |
| Occudiz Tech Private Limited | ₹3.39 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Taliparamba, Kerala, India |
| Vagartha Private Limited | ₹3.39 Lakh (FY 2025) | •••• | •••• | 79.0% | •••• | Kottayam, Kerala, India |
| Sraj Solutions Private Limited | ₹3.38 Lakh (FY 2021) | •••• | •••• | -22.0% | •••• | Pune, Maharashtra, India |
| Farserve Technologies Private Limited this company | ₹3.38 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Gamp Distillars Private Limited | ₹3.38 Lakh (FY 2020) | •••• | •••• | 20.0% | •••• | Kundli, Haryana, India |
| Hinnts Consultancy Services Private Limited | ₹3.38 Lakh (FY 2024) | •••• | •••• | -81.0% | •••• | Bangalore South, Karnataka, India |
| Codemare Infotech Private Limited | ₹3.38 Lakh (FY 2023) | •••• | •••• | •••• | Kakkanad, Kerala, India | |
| Progreso Multitech (OPC) Private Limited | ₹3.38 Lakh (FY 2025) | •••• | •••• | 223.0% | •••• | Bhavnagar, Gujarat, India |
| Kapreign Private Limited | ₹3.38 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Farserve Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Farserve Technologies Private Limited
Farserve Technologies Private Limited is audited by ROHITMULCHANDSAVLA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROHITMULCHANDSAVLA | 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 Farserve Technologies Private Limited
Farserve Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemraj Gangji Chheda | Director | 17 Feb 2003 | 23 Years 7 Months | Current |
| Maitri Hemraj Chheda | Director | 21 Jan 2009 | 17 Years 8 Months | Current |
| Raghunath Mahadev Salvi | Director | 28 Aug 2006 | 20 Years 1 Months | Current |
Ownership and Shareholding of Farserve 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 Farserve Technologies Private Limited
Farserve Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Farserve Technologies Private Limited
Employment history and EPFO contributions of people linked to Farserve Technologies.
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 Farserve Technologies Private Limited
Farserve Technologies Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Maitri Hemraj Chheda was appointed as Director on 21 Jan 2009.
Credit Ratings, Litigation & Regulatory Alerts for Farserve 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 Farserve 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 Farserve 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 Farserve Technologies Private Limited
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 Farserve 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 Farserve Technologies Private Limited
Farserve Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 17 February 2003 (23+ years old) and is registered under CIN U30007MH2003PTC139190.
Farserve Technologies reported revenue of ₹3.38 Lakh for FY 2025 (down 76% YoY).
Farserve Technologies has 3 current directors:
- Hemraj Gangji Chheda - Director
- Maitri Hemraj Chheda - Director
- Raghunath Mahadev Salvi - Director
Farserve Technologies reported a net profit of ₹1.19 Lakh (net margin 35.3%) and EBITDA of ₹1.6 Lakh (EBITDA margin 47.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Farserve Technologies is -31% over three years and -23% over five years. In the latest year (FY 2025) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Farserve Technologies is U30007MH2003PTC139190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farserve Technologies was incorporated on 17 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Farserve Technologies by revenue are Teek Wagnis Business Solutions Private Limited, Mojo Technology Labs Private Limited, Occudiz Tech Private Limited, Vagartha Private Limited, Sraj Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Maitri Hemraj Chheda was appointed as Director on 21 Jan 2009. Raghunath Mahadev Salvi was appointed as Director on 28 Aug 2006. Hemraj Gangji Chheda was appointed as Director on 17 Feb 2003.
The registered office of Farserve Technologies is at 102 Ranjit Studio Dada Saheb Phalke Road Dadar E, Mumbai, Maharashtra, India – 400014.
Farserve Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh.