
Flexinet Technologies Private Limited
About Flexinet Technologies Private Limited
Data last updated:
Flexinet Technologies Private Limited is a private limited company based in Shimla, Himachal Pradesh, India. It operates in the IT services segment of the services sector. It was incorporated on 29 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U74999HP2016PTC006330. Its GSTIN is 02AACCF9115G1Z1 (Himachal Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gaurav Sood and Bharat Sharma Bhushan.
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 3 Rdfloor Hallno.303 304 308 Stpi Incubation Center Block No 24 Sda Complex Kasumpti, Shimla, Himachal Pradesh, India – 171009.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.91 Lakh (net margin 4.1%) and EBITDA of ₹11.54 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 55% over five years.
The company is associated with 2 brands: Planet Custodian and Flexinet.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Flexinet Technologies Private Limited's registered office is in Shimla, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address3 Rdfloor Hallno.303 304 308 Stpi Incubation Center Block No 24 Sda Complex Kasumpti, Shimla, Himachal Pradesh, India – 171009
- IndustryService, Information Technology Services
To see the full contact details of Flexinet Technologies Private Limited, buy the company report.
- 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
Brands
Flexinet Technologies operates two associated brands: Planet Custodian and Flexinet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advertising, content, SEO, SMM, and web development services are offered. | flexinet.in | |
| Environmental news, sustainability reporting, and conservation resources are offered in India. | planetcustodian.com |
Business activity
The main business activity of Flexinet Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Flexinet Technologies Private Limited, buy the company report.
Financials of Flexinet Technologies Private Limited
FY 2025 filings availableFlexinet Technologies Private Limited reported revenue of ₹1.45 Cr (up 167% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 167% growth in the latest year. EBITDA rose 362% 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 |
|---|---|---|---|---|---|
| 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 | ₹11.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.91 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 4.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Flexinet Technologies Private Limited, buy the company report.
Board of directors of Flexinet Technologies Private Limited
Flexinet Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Sood | Director | 29 Aug 2016 | 10 Years 2 Months | Current |
| Bharat Sharma Bhushan | Director | 29 Aug 2016 | 10 Years 2 Months | Current |
| Yash Pal | Director | 29 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Flexinet Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aashritha Technology Private Limited | ₹1.45 Cr (FY 2024) | 70.0% | Chennai, Tamil Nadu, India | |||
| Tridz Technologies Private Limited | ₹1.45 Cr (FY 2024) | -14.0% | Bangalore, Karnataka, India | |||
| Hypertext Communications Private Limited | ₹1.45 Cr (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| Datacontrol Technologies Private Limited | ₹1.45 Cr (FY 2018) | 32.0% | Mumbai, Maharashtra, India | |||
| Iatika Technologies Private Limited | ₹1.45 Cr (FY 2025) | 98.0% | Gurgaon, Haryana, India | |||
| Flexinet Technologies Private Limitedthis company | ₹1.45 Cr (FY 2024) | ₹5.91 Lakh | 4.1% | 167.0% | Shimla, Himachal Pradesh, India | |
| Productize IT (OPC) Private Limited | ₹1.44 Cr (FY 2024) | -35.0% | Pune, Maharashtra, India | |||
| Clamp India Technology Private Limited | ₹1.44 Cr (FY 2024) | 21.0% | Chennai, Tamil Nadu, India | |||
| Ocularity Analytics Private Limited | ₹1.44 Cr (FY 2024) | 31.0% | Gurgaon, Haryana, India | |||
| Webiedge Internet Technologies Private Limited | ₹1.44 Cr (FY 2016) | Jaipur, Rajasthan, India | ||||
| Equalarcs Technologies Private Limited | ₹1.44 Cr (FY 2018) | 15.0% | Visakhapatnam, Andhra Pradesh, India |
To see the full peer comparison of Flexinet Technologies Private Limited, buy the company report.
Auditor
Flexinet Technologies Private Limited is audited by Anil K Sood & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil K Sood & Co | FY 2017 | 511025 |
Shareholding
The shareholding of Flexinet Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Flexinet Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Flexinet 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 Flexinet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flexinet Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AACCF9115G1Z1 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flexinet Technologies Private Limited, buy the company report.
Recent activity
Flexinet Technologies Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Bharat Sharma Bhushan was appointed as Director on 29 Aug 2016.
Frequently asked questions
Flexinet Technologies is an active private limited company based in Shimla, Himachal Pradesh, India. The company works in information technology services, within the service industry. It was incorporated on 29 August 2016 (10+ years old) and is registered under CIN U74999HP2016PTC006330.
Flexinet Technologies has 3 current directors:
- Gaurav Sood - Director
- Bharat Sharma Bhushan - Director
- Yash Pal - Director
The latest financial statements of Flexinet 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 FY 2017 are in the company report.
The GSTIN of Flexinet Technologies is 02AACCF9115G1Z1, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Flexinet Technologies is U74999HP2016PTC006330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexinet Technologies was incorporated on 29 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Flexinet Technologies by revenue are Aashritha Technology Private Limited, Tridz Technologies Private Limited, Hypertext Communications Private Limited, Datacontrol Technologies Private Limited, Iatika Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bharat Sharma Bhushan was appointed as Director on 29 Aug 2016. Gaurav Sood was appointed as Director on 29 Aug 2016. Yash Pal was appointed as Director on 29 Aug 2016.
The registered office of Flexinet Technologies is at 3 Rdfloor Hallno.303 304 308 Stpi Incubation Center Block No 24 Sda Complex Kasumpti, Shimla, Himachal Pradesh, India – 171009.
Flexinet Technologies operates in the service industry, in the information technology services segment.
The compliance status of Flexinet Technologies is compliant as of 25 July 2026. The company is actively filing with the Registrar of Companies.

