About Nescode Technologies Private Limited
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Nescode 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 25 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075062. Its GSTIN is 29AAECN6890N1ZK (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunita Kumari and Sunil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #29 2nd Floor Srivari Nilayam Venketeshwara Layout Kudlu, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹66,603, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹83,969 (net margin -126.1%) and EBITDA of -₹68,279 (EBITDA margin -102.5%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 42% over five years.
The company is associated with 1 brand: Nescode.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nescode.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#29 2nd Floor Srivari Nilayam Venketeshwara Layout Kudlu, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Nescode Technologies Private Limited
The main business activity of Nescode Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Nescode Technologies Private Limited FY 2024 filings available
Nescode Technologies Private Limited reported revenue of ₹66,603 (down 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nescode Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 43% fall in the latest year. EBITDA rose 57% 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 Nescode Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹68,279 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹83,969 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nescode Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -102.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -126.1% | •••• | •••• | •••• | •••• |
| 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 Nescode 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 Nescode Technologies Private Limited
Nescode Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (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 |
|---|---|---|---|---|---|---|
| R2k Software India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| VMT Systems India Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Celcite Management Solutions (India) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Snowflake Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Fundoo Solutions Private Limited | •••• | •••• | •••• | •••• | - | Navimumbai, Maharashtra, India |
| Nescode Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Miraj Infotech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Helios & Matheson IT (Bangalore) Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Adarshpati Cable Communication Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bon Biz IT Services Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Halp Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Nescode Technologies by revenue in the Information Technology industry (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 Nescode Technologies Private Limited
Auditor information for Nescode Technologies Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Nescode Technologies Private Limited
Nescode Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Kumari | Director | 25 Jun 2014 | 12 Years 3 Months | Current |
| Sunil Kumar | Director | 25 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Nescode 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 Nescode Technologies Private Limited
Nescode Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Nescode Technologies Private Limited
Nescode Technologies operates one associated brand: Nescode. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers workflow automation, AI, consulting, and cloud solutions to companies. | nescode.com |
Employees and EPFO Compliance at Nescode Technologies Private Limited
Employment history and EPFO contributions of people linked to Nescode Technologies.
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 Nescode Technologies Private Limited
Nescode Technologies Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Sunil Kumar was appointed as Director on 25 Jun 2014.
Credit Ratings, Litigation & Regulatory Alerts for Nescode 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 Nescode 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 Nescode 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 Nescode Technologies Private Limited
Nescode Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN6890N1ZK | Karnataka | Active | 01 Jul 2017 |
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 Nescode 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 Nescode Technologies Private Limited
Nescode 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 25 June 2014 (12+ years old) and is registered under CIN U72200KA2014PTC075062.
Nescode Technologies reported revenue of ₹66,603 for FY 2024 (down 43% YoY).
Nescode Technologies has 2 current directors:
- Sunita Kumari - Director
- Sunil Kumar - Director
Nescode Technologies reported a net loss of ₹83,969 (net margin -126.1%) and EBITDA of -₹68,279 (EBITDA margin -102.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nescode Technologies is -52% over three years and -42% over five years. In the latest year (FY 2024) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nescode Technologies is 29AAECN6890N1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Nescode Technologies is U72200KA2014PTC075062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nescode Technologies was incorporated on 25 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nescode Technologies by revenue are R2k Software India Private Limited, VMT Systems India Private Limited, Celcite Management Solutions (India) Private Limited, Snowflake Technologies India Private Limited, Fundoo Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Sunil Kumar was appointed as Director on 25 Jun 2014. Sunita Kumari was appointed as Director on 25 Jun 2014.
Nescode Technologies can be reached through the website nescode.com. Its registered office is in Bangalore, Karnataka, India.