About Numerator India Private Limited
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Numerator India Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Market Track Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72209GJ2004PTC044805. Its GSTIN is 24AAECA9145K1ZJ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Apima Consulting Private Limited. It is led by directors including Regan Leigh Garrett and Manish Virat.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.52 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹19.72 Cr (net margin 16.1%) and EBITDA of ₹29.36 Cr (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 28% over five years.
The company has about 1,580 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Numerator.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website numerator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNumeratornuhouse L&Tcircle Viproad Karelib, Aug, Vadodara, Gujarat, India – 390018
- 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
- One PDF report, delivered after checkout
Associated Brands with Numerator India Private Limited
Numerator India operates one associated brand: Numerator. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer purchasing behavior is analyzed via market research and insights. | numerator.com |
Competitors & Alternatives of Numerator India Private Limited
Brands and companies operating in the same space as Numerator India Private Limited include Zeotap, Wiser, Crisp and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Zeotap | An AI-based customer data intelligence platform is offered for businesses. | Berlin, Germany | 2014 |
 Wiser | Price intelligence and optimization software is provided for e-commerce retailers. | San Mateo, United States | 2012 |
 Crisp | Business analytics software is provided for CPG retailers and suppliers. | New York, United States | 2016 |
 SPINS | Retail consumer analytics services are provided for natural products sector. | Chicago, United States | 1995 |
 RetailNext | In-store customer behavior is tracked and analyzed in real-time. | San Jose, United States | 2007 |
 Suzy | Customer targeting and feedback management platform is utilized for insights. | New York, United States | 2009 |
 Streetbees | AI-based marketing intelligence is collected via crowdsourced mobile workforce. | London, United Kingdom | 2014 |
 Circana | Customer analytics solutions are provided for brands and retailers. | Chicago, United States | 1979 |
 Realeyes | AI-powered attention measurement and identity verification solutions are provided. | London, United Kingdom | 2007 |
Business Activity of Numerator India Private Limited
The main business activity of Numerator India 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.
Auditor Details of Numerator India Private Limited
Numerator India Private Limited is audited by SS Kothari Mehta & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SS Kothari Mehta & Company | 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 Numerator India Private Limited
Numerator India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Regan Leigh Garrett | Director | 18 May 2022 | 4 Years 4 Months | Current |
| Manish Virat | Director | 22 Mar 2022 | 4 Years 6 Months | Current |
| Shagun | Director | 04 Nov 2020 | 5 Years 11 Months | Current |
| Sai Santosh Mhaskar | Director | 22 Mar 2022 | 4 Years 6 Months | Current |
Financials of Numerator India Private Limited FY 2025 filings available
Numerator India Private Limited reported revenue of ₹122.52 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Numerator India Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 51% 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 Numerator India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹29.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.72 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Numerator India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Numerator India 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.
Ownership and Shareholding of Numerator India 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 Numerator India Private Limited
Numerator India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Numerator India Private Limited
Numerator India Private Limited has a workforce of 1,580 employees as of Mar 26, 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.
GST Compliance of Numerator India Private Limited
Numerator India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA9145K1ZJ | Gujarat | 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.
Credit Ratings, Litigation & Regulatory Alerts for Numerator India 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 Numerator India 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 Numerator India 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.
MCA Filings & Documents of Numerator India 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.
Recent Activity on Numerator India Private Limited
Frequently Asked Questions about Numerator India Private Limited
Numerator India is an active private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 September 2004 (22+ years old) and is registered under CIN U72209GJ2004PTC044805.
Numerator India reported revenue of ₹122.52 Cr for FY 2025 (down 12% YoY).
Numerator India has 4 current directors:
- Regan Leigh Garrett - Director
- Manish Virat - Director
- Shagun - Director
- Sai Santosh Mhaskar - Director
Numerator India reported a net profit of ₹19.72 Cr (net margin 16.1%) and EBITDA of ₹29.36 Cr (EBITDA margin 24%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Numerator India is 3% over three years and 28% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Numerator India is 24AAECA9145K1ZJ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Numerator India is U72209GJ2004PTC044805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Numerator India was incorporated on 24 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Numerator India can be reached through the website numerator.com. Its registered office is in Vadodara, Gujarat, India.