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Nextelement Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.77 Cr
▲ 60% YoY
Net profit · FY 2024
₹6.47 Lakh
Net margin 3.7%
EBITDA · FY 2024
₹13.55 Lakh
EBITDA margin 7.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.75 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
14
Provident fund records
Directors on board
4
As per MCA filings
About Nextelement Private Limited
Data last updated:
Nextelement Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC110425. Its GSTIN is 29AAFCN9488B1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.75 Lakh. It is led by directors including Ravi and Ashok Poojari.
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 No.4 1st Cross 1st Main Sameerapurum Kempagowdanagar, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.77 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹6.47 Lakh (net margin 3.7%) and EBITDA of ₹13.55 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 96% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NextElement.
For more details, the company can be reached via its website nextelement.in.
Company details
CIN U74999KA2018PTC110425
Registration Number 110425
Incorporation Date 23 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Nextelement
Contact details
Nextelement Private Limited's registered office is in Bangalore, Karnataka. Its website is nextelement.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.4 1st Cross 1st Main Sameerapurum Kempagowdanagar, Bangalore, Karnataka, India – 560018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nextelement Private Limited, buy the company report.
Comprehensive company report
Nextelement Private Limited - one report that includes everything
- 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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Brands
Nextelement operates one associated brand: NextElement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides ERP solutions, website development, and digital marketing for education sector. | nextelement.in |
Business activity
The main business activity of Nextelement is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Nextelement Private Limited, buy the company report.
Financials of Nextelement Private Limited
FY 2025 filings availableNextelement Private Limited reported revenue of ₹1.77 Cr (up 60% YoY) for FY 2024.
Revenue · FY 2024
₹1.77 Cr ▲ 60%
Net profit · FY 2024
₹6.47 Lakh margin 3.7%
EBITDA · FY 2024
₹13.55 Lakh margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 71%
5 years · compounded
▲ 96%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 304%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 96% over five years, including 60% growth in the latest year. EBITDA rose 26% 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 |
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| EBITDA | ₹13.55 Lakh | ||||
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| Net Profit (PAT) | ₹6.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Nextelement Private Limited, buy the company report.
Board of directors of Nextelement Private Limited
Nextelement has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi | Director | 04 Jan 2023 | 3 Years 9 Months | Current |
| Ashok Poojari Also directs: 42Gears Mobility Systems Private Limited | Director | 13 Nov 2024 | 1 Years 11 Months | Current |
| Honniah Shivamma Mahesh | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
| Manju Kiran Pacchhipulusu | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Nextelement Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Foresoft Technologies Private Limited | ₹1.77 Cr (FY 2021) | -23.0% | Hyderabad, Telangana, India | |||
| Sahari IT Solutions Private Limited | ₹1.77 Cr (FY 2024) | 183.0% | Warangal, Telangana, India | |||
| Kanti Lab Services Private Limited | ₹1.77 Cr (FY 2024) | 112.0% | Bangalore, Karnataka, India | |||
| Nextelement Private Limitedthis company | ₹1.77 Cr (FY 2024) | ₹6.47 Lakh | 3.7% | 60.0% | Bangalore, Karnataka, India | |
| Tris India Private Limited | ₹1.77 Cr (FY 2024) | 10.0% | Manesar, Haryana, India | |||
| Evision Infotech Solution Private Limited | ₹1.77 Cr (FY 2025) | 47.0% | Gandhinagar, Gujarat, India | |||
| Paws Pestaways Private Limited | ₹1.77 Cr (FY 2025) | -35.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Nextelement Private Limited, buy the company report.
Auditor
Nextelement Private Limited is audited by PRANAV MEHTA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV MEHTA ASSOCIATES | FY 2022 | 025225 |
Shareholding
The shareholding of Nextelement Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nextelement Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nextelement Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextelement Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextelement has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN9488B1Z0 | Karnataka | Active | 28 Aug 2018 |
To see the full GST registrations and return filing status of Nextelement Private Limited, buy the company report.
Recent activity
Nextelement Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Ashok Poojari was appointed as Director on 13 Nov 2024.
AGM
Nextelement Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nextelement Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Ashok Poojari was appointed as Director.
Appointed
Ravi was appointed as Director.
Appointed
Honniah Shivamma Mahesh was appointed as Director.
Appointed
Manju Kiran Pacchhipulusu was appointed as Director.
Incorporation
23 Feb 2018
Nextelement Private Limited was registered on 23 Feb 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.
Frequently asked questions
Nextelement 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 23 February 2018 (8+ years old) and is registered under CIN U74999KA2018PTC110425.
Nextelement has 4 current directors:
- Ravi - Director
- Ashok Poojari - Director
- Honniah Shivamma Mahesh - Director
- Manju Kiran Pacchhipulusu - Director
The latest financial statements of Nextelement 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 FY 2018 are in the company report.
The GSTIN of Nextelement is 29AAFCN9488B1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Nextelement is U74999KA2018PTC110425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextelement was incorporated on 23 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nextelement by revenue are Foresoft Technologies Private Limited, Sahari IT Solutions Private Limited, Kanti Lab Services Private Limited, Tris India Private Limited, Evision Infotech Solution Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Ashok Poojari was appointed as Director on 13 Nov 2024. Ravi was appointed as Director on 04 Jan 2023. Honniah Shivamma Mahesh was appointed as Director on 23 Feb 2018. Nextelement has 4 board changes on record in total.
Yes, Nextelement is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Nextelement can be reached through the website nextelement.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nextelement is at No.4 1st Cross 1st Main Sameerapurum Kempagowdanagar, Bangalore, Karnataka, India – 560018.