Modulus Research and Analysis Private Limited

Modulus Research and Analysis Private Limited - travel and hospitality in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74999WB2018PTC224796 Incorporated 24 February 2018 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company travel and hospitality Startup India MSME · Small
Data last updated
Revenue · FY 2024
₹34.84 Cr
▲ 2% YoY
Net profit · FY 2024
₹94.62 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹2.84 Cr
EBITDA margin 8.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.11 Cr
Issued & subscribed
Open charges
₹11 Cr
Satisfied ₹6 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
87
Provident fund records

About Modulus Research and Analysis Private Limited

Data last updated:

Modulus Research and Analysis Private Limited is a private limited company based in Kolkata, West Bengal, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 24 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2018PTC224796. Its GSTIN is 19AALCM6381L1ZP (West Bengal). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Debaprabho Bhattacharya and Sandip Bhattacherya.

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 Sanjoy Bhavan 5th Floor Ilta Building 44 Shanti Pally Ps Kasba, Kolkata, West Bengal, India – 700107.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.84 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹94.62 Lakh (net margin 2.7%) and EBITDA of ₹2.84 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 33% over five years.

The company has about 87 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Modulus Research. As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹6 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.

Modulus Research and Analysis Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0009562). For more details, the company can be reached via its website modulus-research.com.

Company details

CIN U74999WB2018PTC224796
Registration Number 224796
Incorporation Date 24 February 2018
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-WB-10-0009562
Key People
Debaprabho Bhattacharya Director Sandip Bhattacherya Director Tilak Choudhury Director

Recognitions & Rankings of Modulus Research and Analysis

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-WB-10-0009562

Contact details

Modulus Research and Analysis Private Limited's registered office is in Kolkata, West Bengal. Its website is modulus-research.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    modulus-research.com
  • Registered Address
    Sanjoy Bhavan 5th Floor Ilta Building 44 Shanti Pally Ps Kasba, Kolkata, West Bengal, India – 700107
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Modulus Research and Analysis Private Limited, buy the company report.

Comprehensive company report
Modulus Research and Analysis 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Modulus Research and Analysis operates one associated brand: Modulus Research. Each brand links to its own profile.

BrandDescriptionWebsite
Modulus Research
Modulus Research provides comprehensive market research and data collection services.modulus-research.com

Business activity

The main business activity of Modulus Research and Analysis is professional, scientific and technical. In detail, this covers advertising and market research.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM6Advertising and market research

To see the full business activity and turnover split of Modulus Research and Analysis Private Limited, buy the company report.

Financials of Modulus Research and Analysis Private Limited

FY 2025 filings available

Modulus Research and Analysis Private Limited reported revenue of ₹34.84 Cr (up 2% YoY) for FY 2024.

Revenue · FY 2024
₹34.84 Cr ▲ 2%
Net profit · FY 2024
₹94.62 Lakh margin 2.7%
EBITDA · FY 2024
₹2.84 Cr margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 15%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 1%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 2% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.84 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹94.62 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.1%
Net Profit Margin2.7%
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 Modulus Research and Analysis Private Limited, buy the company report.

Board of directors of Modulus Research and Analysis Private Limited

Modulus Research and Analysis has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Debaprabho BhattacharyaDirector05 Apr 20188 Years 6 MonthsCurrent
Sandip BhattacheryaDirector10 Apr 20188 Years 6 MonthsCurrent
Tilak ChoudhuryDirector27 Apr 20188 Years 6 MonthsCurrent
Irulappan KannanDirector17 Apr 20188 Years 6 MonthsCurrent
Sankar Mazumder PronabDirector27 Apr 20188 Years 6 MonthsCurrent
View all directors

Auditor

Modulus Research and Analysis Private Limited is audited by D for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DFY 20230332327E

Shareholding

The shareholding of Modulus Research and Analysis Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Modulus Research and Analysis Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹8.00 Cr
Others₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2024100985701Hdfc Bank Limited₹8 CrOpen
10 Jun 2020100389045Others₹2.25 CrOpen
06 Jun 2020100382961Others₹25 LakhOpen
06 Oct 2018100226514Others₹50 LakhOpen
27 Jun 2022100590913Others₹6 CrSatisfied

To see the full charge records of Modulus Research and Analysis Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Modulus Research and Analysis Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Modulus Research and Analysis Private Limited has a workforce of 87 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
87
Active EPFO establishments
1
Employee growth
-1.14%

GST

Modulus Research and Analysis has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
19AALCM6381L1ZPWest BengalActive21 May 2018
07AALCM6381L1ZUDelhiActive02 May 2018
29AALCM6381L1ZOKarnatakaActive26 Jun 2018

To see the full GST registrations and return filing status of Modulus Research and Analysis Private Limited, buy the company report.

Recent activity

Modulus Research and Analysis Private Limited has 7 board changes on record since 2018: 5 appointments and 2 cessations. The latest: Debashis Ghosh ceased to be Director on 31 Jul 2018.

AGM
Modulus Research And Analysis Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Modulus Research And Analysis Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge registered on 27 Jun 2022 via Charge ID 100590913 with Others was fully satisfied on 25 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100985701 was registered on 20 Sep 2024.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100590913 was registered on 27 Jun 2022.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100389045 was registered on 10 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100382961 was registered on 06 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100226514 was registered on 06 Oct 2018.
Ceased
Debashis Ghosh ceased to be Director.
Ceased
Ramasamy Pandian ceased to be Director.
Appointed
Sankar Mazumder Pronab was appointed as Director.
Appointed
Tilak Choudhury was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Modulus Research and Analysis is an active private limited company based in Kolkata, West Bengal, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 24 February 2018 (8+ years old) and is registered under CIN U74999WB2018PTC224796.

Modulus Research and Analysis has 5 current directors:

The latest financial statements of Modulus Research and Analysis 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 2018 are in the company report.

The GSTIN of Modulus Research and Analysis is 19AALCM6381L1ZP, registered in West Bengal. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AALCM6381L1ZU (Delhi), 29AALCM6381L1ZO (Karnataka).

The CIN (Corporate Identification Number) of Modulus Research and Analysis is U74999WB2018PTC224796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Modulus Research and Analysis has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.

Modulus Research and Analysis was incorporated on 24 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.

Debashis Ghosh ceased to be Director on 31 Jul 2018. Ramasamy Pandian ceased to be Director on 31 Jul 2018. Sankar Mazumder Pronab was appointed as Director on 27 Apr 2018. Modulus Research and Analysis has 7 board changes on record in total.

Yes, Modulus Research and Analysis is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Modulus Research and Analysis is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0009562).