Nextgen Technology Services Private Limited
About Nextgen Technology Services Private Limited
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Nextgen Technology Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093956. Its GSTIN is 29AAFCN3179H1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shivamurti and Roopasuresh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 37 Rainbow Residency Near Wipro Head Quarters Junnasandra Off Sarjapur Road, Bangalore, Karnataka, India – 560035.
As per the financials filed for FY 2021, the company reported a revenue of ₹40 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹2.91 Lakh (net margin -7.3%) and EBITDA of -₹48,880 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address37 Rainbow Residency Near Wipro Head Quarters Junnasandra Off Sarjapur Road, Bangalore, Karnataka, India – 560035
- 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 Nextgen Technology Services Private Limited
The main business activity of Nextgen Technology Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Nextgen Technology Services Private Limited FY 2021 filings available
Nextgen Technology Services Private Limited reported revenue of ₹40 Lakh (down 25% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Nextgen Technology Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 25% fall in the latest year. EBITDA fell 111% 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 Nextgen Technology Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹40 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹48,880 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.91 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 Nextgen Technology Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• | •••• |
| 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 Nextgen Technology Services are in the company report.
Financial statements from FY 2017
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 Nextgen Technology Services Private Limited
Nextgen Technology Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Its own revenue is ₹40 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Technocracy India Private Limited | ₹40.02 Lakh | ₹2.53 Lakh | 6% | -76% | Bhubaneswar, Orissa, India | |
| Aptrue Technologies Private Limited | ₹40 Lakh | ₹1.07 Lakh | 3% | +1304% | Jaipur, Rajasthan, India | |
| Teksyntax IT Consultancy Private Limited | ₹40 Lakh | ₹2.09 Lakh | -5% | -21% | Kolkata, West Bengal, India | |
| Missionpoint Solutions Private Limited | ₹40 Lakh | ₹3 Lakh | -8% | +14% | Hosur, Tamil Nadu, India | |
| Igrid Energy Solutions Private Limited | ₹40 Lakh | ₹6.4 Lakh | 16% | -56% | 2 | Bangalore, Karnataka, India |
| Nextgen Technology Services Private Limited this company | ₹40 Lakh | ₹2.91 Lakh | -7.3% | Bangalore, Karnataka, India | ||
| Skyblue E Business Private Limited | ₹39.99 Lakh | ₹8,722 | 0% | Nellore, Andhra Pradesh, India | ||
| Devop Solution India Private Limited | ₹39.99 Lakh | ₹16,088 | 0% | +18% | Hyderabad, Telangana, India | |
| Pagematics India Private Limited | ₹39.98 Lakh | ₹30 | 0% | -3% | Cherthala, Kerala, India | |
| Maahabh Private Limited | ₹39.97 Lakh | ₹50,012 | -1% | -27% | Hyderabad, Telangana, India | |
| Yoways IT Solutions Private Limited | ₹39.96 Lakh | ₹59,875 | -1% | +224% | Tirurangadi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Nextgen Technology Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Nextgen Technology Services Private Limited
Auditor information for Nextgen Technology Services 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 Nextgen Technology Services Private Limited
Nextgen Technology Services 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 |
|---|---|---|---|---|
| Shivamurti Also directs: Tesscorn Technologies Private Limited | Director | 08 Jun 2016 | 10 Years 3 Months | Current |
| Roopasuresh Also directs: Daphna Manufacturing and Automation Private Limited | Director | 08 Jun 2016 | 10 Years 3 Months | Current |
| Aparna Tomar | Director | 03 Jan 2018 | 8 Years 9 Months | Current |
Ownership and Shareholding of Nextgen Technology Services 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 Nextgen Technology Services Private Limited
Nextgen Technology Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nextgen Technology Services Private Limited
Employment history and EPFO contributions of people linked to Nextgen Technology Services.
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 Nextgen Technology Services Private Limited
Nextgen Technology Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Aparna Tomar was appointed as Director on 03 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Nextgen Technology Services 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 Nextgen Technology Services 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 Nextgen Technology Services 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 Nextgen Technology Services Private Limited
Nextgen Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN3179H1Z4 | 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 Nextgen Technology Services 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 Nextgen Technology Services Private Limited
Nextgen Technology Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 2016 (10+ years old) and is registered under CIN U74999KA2016PTC093956.
Nextgen Technology Services reported revenue of ₹40 Lakh for FY 2021 (down 25% YoY).
Nextgen Technology Services has 3 current directors:
- Shivamurti - Director
- Roopasuresh - Director
- Aparna Tomar - Director
Nextgen Technology Services reported a net loss of ₹2.91 Lakh (net margin -7.3%) and EBITDA of -₹48,880 (EBITDA margin -1.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nextgen Technology Services is -22% over three years. In the latest year (FY 2021) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nextgen Technology Services is 29AAFCN3179H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Nextgen Technology Services is U74999KA2016PTC093956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextgen Technology Services was incorporated on 08 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nextgen Technology Services by revenue are Technocracy India Private Limited, Aptrue Technologies Private Limited, Teksyntax IT Consultancy Private Limited, Missionpoint Solutions Private Limited, Igrid Energy Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Aparna Tomar was appointed as Director on 03 Jan 2018. Navin Dhaka ceased to be Director on 03 Jan 2018. Roopasuresh was appointed as Director on 08 Jun 2016. Nextgen Technology Services has 4 board changes on record in total.
The registered office of Nextgen Technology Services is at 37 Rainbow Residency Near Wipro Head Quarters Junnasandra Off Sarjapur Road, Bangalore, Karnataka, India – 560035.