About Nxaark Technologies Private Limited
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Nxaark Technologies 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 26 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073815. Its GSTIN is 29AADCI4928F1ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.66 Cr. It was formerly known as Incode Derivative Infotech Private Limited. It is led by directors Dakshinamoorthy Satyamoorthy (Managing Director) and Dakshinamoorthy Jagadish.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.08 'A' Wing 15th Cross 6th Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2021, the company reported a revenue of ₹84.07 Lakh. For the same year it recorded a net profit of ₹41.72 Lakh (net margin 49.6%) and EBITDA of ₹70.88 Lakh (EBITDA margin 84.3%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 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 nxaark.com.
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- TelephoneLocked
- Website
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- Registered AddressNo.08 'A' Wing 15th Cross 6th Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- 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
Business Activity of Nxaark Technologies Private Limited
The main business activity of Nxaark Technologies 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 Nxaark Technologies Private Limited
Nxaark Technologies Private Limited is audited by N NAVEENN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N NAVEENN & 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 Nxaark Technologies Private Limited
Nxaark Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshinamoorthy Satyamoorthy | Managing Director | 08 May 2016 | 10 Years 4 Months | Current |
| Dakshinamoorthy Jagadish Also directs: Syllogik Labs LLP | Director | 26 Feb 2014 | 12 Years 7 Months | Current |
Financials of Nxaark Technologies Private Limited FY 2021 filings available
Nxaark Technologies Private Limited reported revenue of ₹84.07 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR) of Nxaark Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years. EBITDA rose 808% 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 Nxaark Technologies 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 | ₹84.07 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹70.88 Lakh | •••• | •••• | •••• | •••• |
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| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.72 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Nxaark Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 49.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
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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 Nxaark 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.
Ownership and Shareholding of Nxaark 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 Nxaark Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2017 | Canara Bank | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Nxaark Technologies Private Limited
Nxaark Technologies Private Limited has a workforce of 5 employees as of Apr 03, 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 Nxaark Technologies Private Limited
Nxaark Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI4928F1ZG | 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.
Credit Ratings, Litigation & Regulatory Alerts for Nxaark 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 Nxaark 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
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Subsidiaries & Group Companies of Nxaark 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.
MCA Filings & Documents of Nxaark 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.
Recent Activity on Nxaark Technologies Private Limited
Frequently Asked Questions about Nxaark Technologies Private Limited
Nxaark Technologies 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 26 February 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073815.
Nxaark Technologies reported revenue of ₹84.07 Lakh for FY 2021.
Nxaark Technologies has 2 current directors:
- Dakshinamoorthy Satyamoorthy - Managing Director
- Dakshinamoorthy Jagadish - Director
Nxaark Technologies reported a net profit of ₹41.72 Lakh (net margin 49.6%) and EBITDA of ₹70.88 Lakh (EBITDA margin 84.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nxaark Technologies is 40% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nxaark Technologies is 29AADCI4928F1ZG, registered in Karnataka. 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 Nxaark Technologies is U72200KA2014PTC073815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nxaark Technologies was incorporated on 26 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Nxaark Technologies can be reached through the website nxaark.com. Its registered office is in Bangalore, Karnataka, India.