About Neurospeech Technologies Private Limited
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Neurospeech Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC186919. Its GSTIN is 27AACCN8896Q1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akash Chhotalal Kava and Hiraben Chhotalal Kava.
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 402 Hayat Palace Pushpa Park Road No 2 Malad (East), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹17.36 Lakh (net margin 12.6%) and EBITDA of ₹28.29 Lakh (EBITDA margin 20.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company is associated with 1 brand: NeuroSpeech. As per MCA filings, the company has open charges of ₹1.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neurospeech.com.
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- Registered Address402 Hayat Palace Pushpa Park Road No 2 Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryInformation Technology, IT Consulting & Support Services
- 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
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Business Activity of Neurospeech Technologies Private Limited
The main business activity of Neurospeech Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Neurospeech Technologies Private Limited FY 2024 filings available
Neurospeech Technologies Private Limited reported revenue of ₹1.38 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neurospeech Technologies Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 27% 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 Neurospeech 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.36 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Neurospeech Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.6% | •••• | •••• | •••• | •••• |
| 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 Neurospeech 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 Neurospeech Technologies Private Limited
Neurospeech Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Urdhvaege India Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Pacom Pro Lifestyle Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Coimbatore, Tamil Nadu, India |
| KRGB Tech Solutions Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Faridabad, Haryana, India |
| DC Solutions Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 511.0% | •••• | Pune, Maharashtra, India |
| Awacp Technical Services Private Limited | ₹1.38 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | Lucknow, Uttar Pradesh, India |
| Neurospeech Technologies Private Limited this company | ₹1.38 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Uxdlab Software Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Styxtech Systems Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | 245.0% | •••• | Hyderabad, Telangana, India |
| Sunwest Consulting Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | 278.0% | •••• | Ranaga Reddy, Telangana, India |
| Xenixsoft IT Services Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Jaipur, Rajasthan, India |
| Bytespark Digital Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Neurospeech Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Neurospeech Technologies Private Limited
Neurospeech Technologies Private Limited is audited by PRAJAPATI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAJAPATI & 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 Neurospeech Technologies Private Limited
Neurospeech Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiraben Chhotalal Kava | Additional Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Akash Chhotalal Kava | Director | 19 Sep 2008 | 18 Years 0 Months | Current |
Ownership and Shareholding of Neurospeech 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 Neurospeech Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2020 | Others | ₹55 Lakh | Open |
| 16 Nov 2017 | Others | ₹80 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Neurospeech Technologies Private Limited
Neurospeech Technologies operates one associated brand: NeuroSpeech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops open-source-based tools for software developers. | neurospeech.com |
Employees and EPFO Compliance at Neurospeech Technologies Private Limited
Employment history and EPFO contributions of people linked to Neurospeech 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 Neurospeech Technologies Private Limited
Neurospeech Technologies Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Rohan Paresh Tejura ceased to be Director on 31 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Neurospeech 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 Neurospeech 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 Neurospeech 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 Neurospeech Technologies Private Limited
Neurospeech Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN8896Q1ZA | 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 Neurospeech 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 Neurospeech Technologies Private Limited
Neurospeech Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 September 2008 (18+ years old) and is registered under CIN U72900MH2008PTC186919.
Neurospeech Technologies reported revenue of ₹1.38 Cr for FY 2024 (up 2% YoY).
Neurospeech Technologies has 2 current directors:
- Hiraben Chhotalal Kava - Additional Director
- Akash Chhotalal Kava - Director
Neurospeech Technologies reported a net profit of ₹17.36 Lakh (net margin 12.6%) and EBITDA of ₹28.29 Lakh (EBITDA margin 20.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neurospeech Technologies is 2% over three years and -7% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neurospeech Technologies is 27AACCN8896Q1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neurospeech Technologies is U72900MH2008PTC186919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neurospeech Technologies was incorporated on 19 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neurospeech Technologies by revenue are Urdhvaege India Private Limited, Pacom Pro Lifestyle Private Limited, KRGB Tech Solutions Private Limited, DC Solutions Private Limited, Awacp Technical Services Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Rohan Paresh Tejura ceased to be Director on 31 Mar 2011. Hiraben Chhotalal Kava was appointed as Additional Director on 30 Mar 2011. Akash Chhotalal Kava was appointed as Director on 19 Sep 2008.
Neurospeech Technologies can be reached through the website neurospeech.com. Its registered office is in Mumbai, Maharashtra, India.