- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0010612

About Artzsource Technology Services Private Limited
Data last updated:
Artzsource Technology Services Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 11 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2009PTC024996. Its GSTIN is 32AAICA0493Q2ZC (Kerala). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aneesh Kumar (Managing Director) and Reshma Balachandran Pillai.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 2nd Floor Ds & Sons Complex Vytilla Tripunithura Road, Kochi, Kerala, India – 682019.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.23 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹14.41 Lakh (net margin 2.8%) and EBITDA of ₹49.18 Lakh (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending.
Artzsource Technology Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0010612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website artzsource.com.
Company details
Recognitions & Rankings of Artzsource Technology Services
Contact details
Artzsource Technology Services Private Limited's registered office is in Kochi, Kerala. Its website is artzsource.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address2nd Floor Ds & Sons Complex Vytilla Tripunithura Road, Kochi, Kerala, India – 682019
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Artzsource Technology Services 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 Artzsource Technology Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Artzsource Technology Services Private Limited, buy the company report.
Financials of Artzsource Technology Services Private Limited
FY 2020 filings availableArtzsource Technology Services Private Limited reported revenue of ₹5.23 Cr (down 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA rose 52% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.23 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.41 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Artzsource Technology Services Private Limited, buy the company report.
Board of directors of Artzsource Technology Services Private Limited
Artzsource Technology Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aneesh Kumar Also directs: Artzsource Exports LLP | Managing Director | 15 Oct 2012 | 14 Years 0 Months | Current |
| Reshma Balachandran Pillai | Director | 29 Nov 2017 | 8 Years 10 Months | Current |
Auditor
Artzsource Technology Services Private Limited is audited by P K VIVEK & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K VIVEK & CO | FY 2018 | 014875S |
Shareholding
The shareholding of Artzsource Technology Services Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Artzsource Technology Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2019 | 100281115 | Idbi Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Artzsource Technology Services Private Limited has 7 court cases on record: 1 filed by Artzsource Technology Services, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| NCLT | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Nexg Platforms Pvt Ltd | Pending |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by Ms Bharti Airtel Ltd | Disposed |
| NCLT, Kochi | Insolvency matter | Filed against the company by V-Con Integrated Solutions Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| NCLT, Kochi | Insolvency matter | Filed against the company by V-Con Integrated Solutions Private Limited | Disposed |
To see the full case history of Artzsource Technology Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Artzsource Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Artzsource Technology Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICA0493Q2ZC | Kerala | Active | 21 Jul 2017 |
| 34AAICA0493Q1Z9 | Puducherry | Active | 14 Nov 2017 |
To see the full GST registrations and return filing status of Artzsource Technology Services Private Limited, buy the company report.
Recent activity
Artzsource Technology Services Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Reshma Balachandran Pillai ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Artzsource Technology Services is an active private limited company based in Kochi, Kerala, India. The company works in software development and support services, within the information technology industry. It was incorporated on 11 November 2009 (17+ years old) and is registered under CIN U72200KL2009PTC024996.
Artzsource Technology Services has 2 current directors:
- Aneesh Kumar - Managing Director
- Reshma Balachandran Pillai - Director
The latest financial statements of Artzsource Technology Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Artzsource Technology Services is 32AAICA0493Q2ZC, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 34AAICA0493Q1Z9 (Puducherry).
The CIN (Corporate Identification Number) of Artzsource Technology Services is U72200KL2009PTC024996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Artzsource Technology Services has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Artzsource Technology Services was incorporated on 11 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ernakulam.
Reshma Balachandran Pillai ceased to be Additional Director on 29 Sep 2018. Myna Girija Raj ceased to be Director on 29 Nov 2017. Reshma Balachandran Pillai was appointed as Director on 29 Nov 2017. Artzsource Technology Services has 8 board changes on record in total.
Yes, Artzsource Technology Services is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0010612).
Artzsource Technology Services can be reached through the website artzsource.com. Its registered office is in Kochi, Kerala, India.