Furtherance Technotree Private Limited
About Furtherance Technotree Private Limited
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Furtherance Technotree Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2016PTC041680. Its GSTIN is 23AACCF9503E1Z1 (Madhya Pradesh).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹23 Lakh. It is led by directors Aparna Jain and Nikhil Siroliya.
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 Office No 402 Fourth Floor Silver Mall Plot No 8 – A Rnt Marg, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.33 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.86 Lakh (net margin 2.1%) and EBITDA of ₹13.69 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹1.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Furtherance Technotree Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No 402 Fourth Floor Silver Mall Plot No 8 – A Rnt Marg, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Furtherance Technotree 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
Business activity
The main business activity of Furtherance Technotree is information and communication. In detail, this covers computer programming, consultancy and related activities and information service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | |
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Furtherance Technotree Private Limited, buy the company report.
Financials of Furtherance Technotree Private Limited
FY 2025 filings availableFurtherance Technotree Private Limited reported revenue of ₹1.33 Cr (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 446% 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 | ₹13.69 Lakh | ||||
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| Net Profit (PAT) | ₹2.86 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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| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Furtherance Technotree Private Limited, buy the company report.
Board of directors of Furtherance Technotree Private Limited
Furtherance Technotree has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aparna Jain | Director | 09 Nov 2019 | 6 Years 11 Months | Current |
| Nikhil Siroliya | Director | 17 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Furtherance Technotree Private Limited is audited by ARIF JAIN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARIF JAIN & ASSOCIATES | FY 2019 | 017628C |
Shareholding
The shareholding of Furtherance Technotree Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Furtherance Technotree Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2024 | 100997137 | Others | ₹50.5 Lakh | Open | |
| 08 Jul 2021 | 100456994 | Others | ₹54.32 Lakh | Open |
To see the full charge records of Furtherance Technotree Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Furtherance Technotree 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 Furtherance Technotree Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Furtherance Technotree has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCF9503E1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Furtherance Technotree Private Limited, buy the company report.
Recent activity
Furtherance Technotree Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Aparna Jain ceased to be Additional Director on 30 Dec 2020.
Frequently asked questions
Furtherance Technotree is an active 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 17 October 2016 (10+ years old) and is registered under CIN U72900MP2016PTC041680.
Furtherance Technotree has 2 current directors:
- Aparna Jain - Director
- Nikhil Siroliya - Director
The latest financial statements of Furtherance Technotree 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 Furtherance Technotree is 23AACCF9503E1Z1, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Furtherance Technotree is U72900MP2016PTC041680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Furtherance Technotree was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
Aparna Jain ceased to be Additional Director on 30 Dec 2020. Chetan Dubey ceased to be Director on 15 Nov 2019. Himanshu Pathak ceased to be Director on 15 Nov 2019. Furtherance Technotree has 5 board changes on record in total.
The registered office of Furtherance Technotree is at Office No 402 Fourth Floor Silver Mall Plot No 8 – A Rnt Marg, Indore, Madhya Pradesh, India – 452001.
Furtherance Technotree operates in the information technology industry, in the IT consulting and support services segment.
Furtherance Technotree has open charges of ₹1.05 Cr and no satisfied charges on record as per latest MCA filings.
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