Neocortex Networks Private Limited

Neocortex Networks Private Limited - telecom in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC109081 Incorporated 29 December 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company telecom
Data last updated
Revenue · FY 2023
₹13.51 Lakh
▼ 69% YoY
Net profit · FY 2023
₹1.04 Lakh
Net margin 7.7%
EBITDA · FY 2023
₹1.47 Lakh
EBITDA margin 10.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Neocortex Networks Private Limited

Data last updated:

Neocortex Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC109081. Its GSTIN is 29AAFCN8898P1Z3 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chitra Vijai Simha and Ruchith Vijai Simha.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 45/3 1st Floor Gopalakrishna Complex Off Residency Road, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2023, the company reported a revenue of ₹13.51 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Lakh (net margin 7.7%) and EBITDA of ₹1.47 Lakh (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 4% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Neocortex Networks Private Limited
CIN U74999KA2017PTC109081
Registration Number 109081
Incorporation Date 29 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Key People
Chitra Vijai Simha Director Ruchith Vijai Simha Additional Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    No. 45/3 1st Floor Gopalakrishna Complex Off Residency Road, Bangalore, Karnataka, India – 560025
  • Industry
    Telecom, Telecom Service Providers
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Financials, compliance, directors, charges, ownership and filings for Neocortex Networks Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Neocortex Networks Private Limited

The main business activity of Neocortex Networks is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Board of Directors of Neocortex Networks Private Limited

Neocortex Networks has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chitra Vijai SimhaDirector02 Jan 20206 Years 9 MonthsCurrent
Ruchith Vijai SimhaAdditional Director02 Sep 20224 Years 1 MonthsCurrent
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Financials of Neocortex Networks Private Limited FY 2023 filings available

Neocortex Networks Private Limited reported revenue of ₹13.51 Lakh (down 69% YoY) for FY 2023.

Revenue · FY 2023
₹13.51 Lakh ▼ 69%
Net profit · FY 2023
₹1.04 Lakh margin 7.7%
EBITDA · FY 2023
₹1.47 Lakh margin 10.9%

Compounded Annual Growth Rate (CAGR) of Neocortex Networks Private Limited

Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 22%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 20%
5 years · compounded
▲ 31%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 69% fall in the latest year. EBITDA fell 93% 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 Neocortex Networks Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.47 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.04 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 of Neocortex Networks Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin10.9%••••••••••••••••
Net Profit Margin7.7%••••••••••••••••
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••••••••••••••••••••

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 Neocortex Networks are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Neocortex Networks Private Limited

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Charges & Borrowings of Neocortex Networks Private Limited

Neocortex Networks Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Neocortex Networks Private Limited

Employment history and EPFO contributions of people linked to Neocortex Networks.

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GST Compliance of Neocortex Networks Private Limited

Neocortex Networks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCN8898P1Z3KarnatakaActive07 May 2018
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Credit Ratings, Litigation & Regulatory Alerts for Neocortex Networks Private Limited

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MSME Payment Delays by Neocortex Networks Private Limited

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Subsidiaries & Group Companies of Neocortex Networks Private Limited

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MCA Filings & Documents of Neocortex Networks Private Limited

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Recent Activity on Neocortex Networks Private Limited

Activity
30 Sep 2023
Neocortex Networks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Activity
31 Mar 2023
Neocortex Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Directors
02 Sep 2022
Ruchith Vijai Simha was appointed as a Additional Director on 02 Sep 2022 & has been associated with this company since 4 years 1 month.
Directors
02 Jan 2020
Chitra Vijai Simha was appointed as a Director on 02 Jan 2020 & has been associated with this company since 6 years 9 months.
Activity
29 Dec 2017
Neocortex Networks Private Limited was registered on 29 Dec 2017 with Roc Bangalore & aged 8 years 9 months as per MCA records.

Frequently Asked Questions about Neocortex Networks Private Limited

Neocortex Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U74999KA2017PTC109081.

Neocortex Networks reported revenue of ₹13.51 Lakh for FY 2023 (down 69% YoY).

Neocortex Networks has 2 current directors:

Neocortex Networks reported a net profit of ₹1.04 Lakh (net margin 7.7%) and EBITDA of ₹1.47 Lakh (EBITDA margin 10.9%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Neocortex Networks is -22% over three years and -4% over five years. In the latest year (FY 2023) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Neocortex Networks is 29AAFCN8898P1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Neocortex Networks is U74999KA2017PTC109081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neocortex Networks was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The registered office of Neocortex Networks is at No. 453 1st Floor Gopalakrishna Complex Off Residency Road, Bangalore, Karnataka, India – 560025.

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