About Netgains Technologies Private Limited
Data last updated:
Netgains Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC201160. Its GSTIN is 27AADCN2265N1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hyma Laxman Ariyakandi and Tushar Mohan Nidambur.
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 318 3rd Floor Hari Om Plaza M.G. Road Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.87 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹35.07 Lakh (net margin 9.1%) and EBITDA of ₹61.48 Lakh (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NetGains Technologies. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netgainstechnologies.com.
Company details
Contact details
Netgains Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is netgainstechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address318 3rd Floor Hari Om Plaza M.G. Road Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Netgains Technologies 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
Brands
Netgains Technologies operates one associated brand: NetGains Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services like business intelligence, penetration testing, and managed hosting solutions. | netgainstechnologies.com |
Business activity
The main business activity of Netgains Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Netgains Technologies Private Limited, buy the company report.
Financials of Netgains Technologies Private Limited
FY 2025 filings availableNetgains Technologies Private Limited reported revenue of ₹3.87 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 27% growth in the latest year. EBITDA rose 17% 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 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 | ₹61.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.07 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 9.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Netgains Technologies Private Limited, buy the company report.
Board of directors of Netgains Technologies Private Limited
Netgains Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hyma Laxman Ariyakandi | Director | 23 Sep 2023 | 3 Years 1 Months | Current |
| Tushar Mohan Nidambur | Director | 23 Mar 2010 | 16 Years 7 Months | Current |
| Rishikesh Mahadeo Somshetti | Director | 23 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Netgains Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zye Technologies Private Limited | ₹3.87 Cr (FY 2017) | -48.0% | New Delhi, Delhi, India | |||
| Pentamedia Graphics Limited | ₹3.87 Cr (FY 2019) | 19.0% | Chennai, Tamil Nadu, India | |||
| Studio Sleevesup Private Limited | ₹3.87 Cr (FY 2025) | -53.0% | Bangalore, Karnataka, India | |||
| Decipher Software Solutions Private Limited | ₹3.87 Cr (FY 2024) | 9.0% | Hyderabad, Telangana, India | |||
| Aplite Infosolution Private Limited | ₹3.87 Cr (FY 2025) | -11.0% | Ujjain, Madhya Pradesh, India | |||
| Netgains Technologies Private Limitedthis company | ₹3.87 Cr (FY 2024) | ₹35.07 Lakh | 9.1% | 27.0% | 2 | Mumbai, Maharashtra, India |
| Jive Solutions Private Limited | ₹3.87 Cr (FY 2025) | 12.0% | Peekankaranai, Chennai, Tamil Nadu, India | |||
| Siplink Communications Private Limited | ₹3.87 Cr (FY 2024) | 34.0% | Chennai, Tamil Nadu, India | |||
| Geckolyst Solutions Private Limited | ₹3.86 Cr (FY 2024) | -10.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Netgains Technologies Private Limited, buy the company report.
Auditor
Netgains Technologies Private Limited is audited by MAHESHWARI KANTHALIA RANA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI KANTHALIA RANA & CO. | FY 2023 | 127513W |
Shareholding
The shareholding of Netgains Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Netgains Technologies Private Limited, buy the company report.
Legal cases
Netgains Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Muncipal Corporation P-South Ward, Mumbai | Disposed |
To see the full case history of Netgains Technologies 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 Netgains Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Netgains Technologies Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Netgains Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN2265N1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Netgains Technologies Private Limited, buy the company report.
Recent activity
Netgains Technologies Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Hyma Laxman Ariyakandi ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Netgains Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 March 2010 (16+ years old) and is registered under CIN U72900MH2010PTC201160.
Netgains Technologies has 3 current directors:
- Hyma Laxman Ariyakandi - Director
- Tushar Mohan Nidambur - Director
- Rishikesh Mahadeo Somshetti - Director
The latest financial statements of Netgains Technologies 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 2015 are in the company report.
The GSTIN of Netgains Technologies is 27AADCN2265N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Netgains Technologies is U72900MH2010PTC201160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netgains Technologies has 1 court case on record: 1 filed against it.
Netgains Technologies was incorporated on 23 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Netgains Technologies by revenue are Zye Technologies Private Limited, Pentamedia Graphics Limited, Studio Sleevesup Private Limited, Decipher Software Solutions Private Limited, Aplite Infosolution Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Hyma Laxman Ariyakandi ceased to be Additional Director on 29 Sep 2023. Hyma Laxman Ariyakandi was appointed as Director on 23 Sep 2023. Rishikesh Mahadeo Somshetti was appointed as Director on 23 Mar 2010. Netgains Technologies has 4 board changes on record in total.
Netgains Technologies can be reached through the website netgainstechnologies.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Netgains Technologies is at 318 3rd Floor Hari Om Plaza M.G. Road Borivali East, Mumbai, Maharashtra, India – 400066.