About Kanchi Technologies Private Limited
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Kanchi Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC051505. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors including Sunil Kanchi and Seenaiah Kanchi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Rk 303 Purva Riviera Varathur Main Road Marathahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.4 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹36,127 (net margin 10.6%) and EBITDA of ₹75,325 (EBITDA margin 22.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 39% over five years.
The company is associated with 1 brand: Kanchi Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanchitechnologies.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRk 303 Purva Riviera Varathur Main Road Marathahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
Business Activity of Kanchi Technologies Private Limited
The main business activity of Kanchi 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 Kanchi Technologies Private Limited FY 2021 filings available
Kanchi Technologies Private Limited reported revenue of ₹3.4 Lakh (down 41% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Kanchi Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 41% fall in the latest year. EBITDA fell 84% 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 Kanchi Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹75,325 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36,127 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kanchi Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.6% | •••• | •••• | •••• | •••• |
| 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 Kanchi 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 Kanchi Technologies Private Limited
Kanchi Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Xsquads Tech Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Pipli Technologies Private Limited | •••• | •••• | •••• | •••• | 23 | Mumbai, Maharashtra, India |
| Naitec Infosolutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Arise Softech Private Limited | •••• | •••• | •••• | •••• | - | South Delhi, Delhi, India |
| Least2max Payroll Solutions Private Limited | •••• | •••• | •••• | •••• | - | Krishnagiri, Tamil Nadu, India |
| Kanchi Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Quatrro Business Support Services Private Limited | •••• | •••• | •••• | •••• | 744 | Gurgaon, Haryana, India |
| Pagaria Consultancy Services Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sankhyaa Info Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Vagartha Private Limited | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Sunlight Softech Private Limited. | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Kanchi Technologies by revenue in the Information Technology industry (Application Development, IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Kanchi Technologies Private Limited
Kanchi Technologies Private Limited is audited by T VELU PILLAI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T VELU PILLAI & CO | 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 Kanchi Technologies Private Limited
Kanchi Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanchi Neetha | Additional Director | 01 Nov 2010 | 15 Years 11 Months | Current |
| Sunil Kanchi Also directs: Kt2i Tech LLP | Director | 13 Nov 2009 | 16 Years 10 Months | Current |
| Seenaiah Kanchi | Director | 13 Nov 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Kanchi 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 Kanchi Technologies Private Limited
Kanchi Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Kanchi Technologies Private Limited
Kanchi Technologies operates one associated brand: Kanchi Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | kanchitechnologies.com |
Employees and EPFO Compliance at Kanchi Technologies Private Limited
Kanchi Technologies Private Limited has a workforce of 0 employees as of Apr 04, 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.
Recent Activity on Kanchi Technologies Private Limited
Kanchi Technologies Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Anil Padmanabhan ceased to be Additional Director on 24 Apr 2014.
Credit Ratings, Litigation & Regulatory Alerts for Kanchi 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 Kanchi 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 Kanchi 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 Kanchi Technologies Private Limited
Kanchi Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Kanchi 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 Kanchi Technologies Private Limited
Kanchi Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 November 2009 (17+ years old) and is registered under CIN U72200KA2009PTC051505.
Kanchi Technologies reported revenue of ₹3.4 Lakh for FY 2021 (down 41% YoY).
Kanchi Technologies has 3 current directors:
- Kanchi Neetha - Additional Director
- Sunil Kanchi - Director
- Seenaiah Kanchi - Director
Kanchi Technologies reported a net profit of ₹36,127 (net margin 10.6%) and EBITDA of ₹75,325 (EBITDA margin 22.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kanchi Technologies is -15% over three years and -39% over five years. In the latest year (FY 2021) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
No. Kanchi Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kanchi Technologies is U72200KA2009PTC051505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanchi Technologies was incorporated on 13 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kanchi Technologies by revenue are Xsquads Tech Private Limited, Pipli Technologies Private Limited, Naitec Infosolutions Private Limited, Arise Softech Private Limited, Least2max Payroll Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development, IT Consulting and Services).
Anil Padmanabhan ceased to be Additional Director on 24 Apr 2014. Jaismon Emmanuel ceased to be Additional Director on 24 Apr 2014. Kanchi Neetha was appointed as Additional Director on 01 Nov 2010. Kanchi Technologies has 5 board changes on record in total.
Kanchi Technologies can be reached through the website kanchitechnologies.com. Its registered office is in Bangalore, Karnataka, India.