About Neural IT Pvt. Ltd.
Data last updated:
Neural IT Pvt. Ltd. is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 16 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2006PTC164665. Its GSTIN is 27AACCN3673M1Z1 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Vinay Ramdas and Shajan Thomas.
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 Vishal House 1st Floor Plot No. 33 Sector No.19 Off. Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.56 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹28.24 Lakh (net margin -2.2%) and EBITDA of ₹6.2 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.
The company has about 187 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: eHRMS and Neural IT. As per MCA filings, the company has open charges of ₹5.85 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neuralit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVishal House 1st Floor Plot No. 33 Sector No.19 Off. Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 Neural IT Pvt. Ltd.
The main business activity of Neural IT is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Neural IT Pvt. Ltd. FY 2025 filings available
Neural IT Pvt. Ltd. reported revenue of ₹12.56 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neural IT Pvt. Ltd.
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 95% 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 Neural IT Pvt. Ltd.
| 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 | ₹12.56 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28.24 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 Neural IT Pvt. Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 Neural IT 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 Neural IT Pvt. Ltd.
Neural IT Pvt. Ltd. is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oip Robotics Private Limited | ₹12.83 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Hyderabad, Telangana, India |
| KBB Trading and Consultancy Private Limited | ₹12.79 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Gangapur, Maharashtra, India |
| Virtual Building Studio Private Limited | ₹12.78 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ahmedabad, Gujarat, India |
| Cresc Datasoft Private Limited | ₹12.68 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Gowrie Research Private Limited | ₹12.62 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Chhani, Gujarat, India |
| Neural IT Pvt. Ltd. this company | ₹12.56 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ritika Printech Private Limited | ₹12.54 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ranchi, Jharkhand, India |
| Trance Home India Services Private Limited | ₹12.53 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| Divyashakti Fones Private Limited | ₹12.47 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Rajkot, Gujarat, India |
| Srinav Info Systems Private Limited | ₹12.45 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
| Indevia Accounting Private Limited | ₹12.32 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Neural IT by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Neural IT Pvt. Ltd.
Neural IT Pvt. Ltd. is audited by Vimal Ostwal & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vimal Ostwal & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Neural IT Pvt. Ltd.
Neural IT has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Ramdas | Director | 16 Sep 2006 | 20 Years 0 Months | Current |
| Shajan Thomas | Director | 16 Sep 2006 | 20 Years 0 Months | Current |
| Omana Paul Peringatt | Director | 16 Sep 2006 | 20 Years 0 Months | Current |
Ownership and Shareholding of Neural IT Pvt. Ltd.
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 Neural IT Pvt. Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2016 | Hdfc Bank Limited | ₹3 Cr | Open |
| 24 Jan 2008 | Hdfc Bank Limited | ₹38 Lakh | Open |
| 25 Oct 2007 | Hdfc Bank Limited | ₹2.47 Cr | Open |
| 16 Jun 2015 | Tjsb Sahakari Bank Limited | ₹80 Lakh | Satisfied |
| 16 Dec 2014 | Tjsb Sahakari Bank Limited | ₹70 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Neural IT Pvt. Ltd.
Neural IT Pvt. Ltd. has 2 court cases on record: 2 filed by Neural IT. 1 case is pending and 1 is disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Neural IT Pvt. Ltd.
Neural IT operates two associated brands: eHRMS and Neural IT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a cloud-based platform for comprehensive HR management. | ehrmsys.com | |
| Offers medical record reviews, demand letters, and litigation support for law firms. | neuralit.com |
Employees and EPFO Compliance at Neural IT Pvt. Ltd.
Neural IT Pvt. Ltd. has a workforce of 187 employees as of Apr 08, 2024.
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 Neural IT Pvt. Ltd.
Neural IT Pvt. Ltd. has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Paul Joseph Peringatt ceased to be Director on 20 May 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neural IT Pvt. Ltd.
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 Neural IT Pvt. Ltd.
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 Neural IT Pvt. Ltd.
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 Neural IT Pvt. Ltd.
Neural IT has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN3673M1Z1 | Maharashtra | 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 Neural IT Pvt. Ltd.
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 Neural IT Pvt. Ltd.
Neural IT is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 16 September 2006 (20+ years old) and is registered under CIN U72900MH2006PTC164665.
Neural IT reported revenue of ₹12.56 Cr for FY 2024 (up 11% YoY).
Neural IT has 3 current directors:
- Vinay Ramdas - Director
- Shajan Thomas - Director
- Omana Paul Peringatt - Director
Neural IT reported a net loss of ₹28.24 Lakh (net margin -2.2%) and EBITDA of ₹6.2 Lakh (EBITDA margin 0.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neural IT is -2% over three years and -9% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neural IT is 27AACCN3673M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neural IT is U72900MH2006PTC164665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neural IT has 2 court cases on record: 2 filed by the company. 1 is pending.
Neural IT was incorporated on 16 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neural IT by revenue are Oip Robotics Private Limited, KBB Trading and Consultancy Private Limited, Virtual Building Studio Private Limited, Cresc Datasoft Private Limited, Gowrie Research Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Paul Joseph Peringatt ceased to be Director on 20 May 2019. Sailesh Paul Peringatt ceased to be Director on 31 Dec 2015. Omana Paul Peringatt was appointed as Director on 16 Sep 2006. Neural IT has 5 board changes on record in total.