Octal Optimum Technologies Private Limited
About Octal Optimum Technologies Private Limited
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Octal Optimum Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 11 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC094875.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhipsa Sahoo and Shishir Shivram Bhatkal.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 75/11 Ashirwad Towers 2nd Floor 2nd Main Road Vyalikava Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.57 Lakh, a growth of 87% compared to the previous year. For the same year it recorded a net loss of ₹2.06 Lakh (net margin -17.8%) and EBITDA of -₹1.89 Lakh (EBITDA margin -16.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 75/11 Ashirwad Towers 2nd Floor 2nd Main Road Vyalikava Bangalore, Karnataka, India – 560003
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Octal Optimum Technologies Private Limited
The main business activity of Octal Optimum Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Octal Optimum Technologies Private Limited FY 2020 filings available
Octal Optimum Technologies Private Limited reported revenue of ₹11.57 Lakh (up 87% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Octal Optimum Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 61% over three years, including 87% growth in the latest year. EBITDA rose 41% 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 Octal Optimum Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.89 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.06 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 Octal Optimum Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -16.4% | •••• | •••• | •••• |
| Net Profit Margin | -17.8% | •••• | •••• | •••• |
| 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 Octal Optimum Technologies 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 Octal Optimum Technologies Private Limited
Octal Optimum Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other support services to organizations). Its own revenue is ₹11.57 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uvedic Care Private Limited | ₹11.6 Lakh | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Alstitch Packaging Private Limited | ₹11.59 Lakh | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Bs-Ifms Private Limited | ₹11.58 Lakh | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Pal Ittech Private Limited | ₹11.58 Lakh | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Iiis Security Private Limited | ₹11.58 Lakh | •••• | •••• | •••• | - | Gautam Budh Nagar, Uttar Pradesh, India |
| Octal Optimum Technologies Private Limited this company | ₹11.57 Lakh | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kasa Wealth Management Private Limited | ₹11.57 Lakh | •••• | •••• | •••• | - | Dehradun, Uttarakhand, India |
| Upglorious Brand Solution Private Limited | ₹11.55 Lakh | •••• | •••• | •••• | - | Delhi, India |
| Elevate Media (India) Private Limited | ₹11.54 Lakh | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| We and Our Work Foundation | ₹11.54 Lakh | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Packiya Energy Private Limited | ₹11.54 Lakh | •••• | •••• | •••• | - | Kanyakumari District, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Octal Optimum Technologies by revenue in the same principal business activity (Other support services to organizations), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Octal Optimum Technologies Private Limited
Octal Optimum Technologies Private Limited is audited by RAKESH & KISHORE for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH & KISHORE | 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 Octal Optimum Technologies Private Limited
Octal Optimum Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhipsa Sahoo | Director | 11 Jul 2016 | 10 Years 2 Months | Current |
| Shishir Shivram Bhatkal | Director | 11 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Octal Optimum 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 Octal Optimum Technologies Private Limited
Octal Optimum Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Octal Optimum Technologies Private Limited
Employment history and EPFO contributions of people linked to Octal Optimum 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 Octal Optimum Technologies Private Limited
Octal Optimum Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Abhipsa Sahoo was appointed as Director on 11 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Octal Optimum 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 Octal Optimum 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 Octal Optimum 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 Octal Optimum Technologies Private Limited
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 Octal Optimum 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 Octal Optimum Technologies Private Limited
Octal Optimum Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 11 July 2016 (10+ years old) and is registered under CIN U72900KA2016PTC094875.
Octal Optimum Technologies reported revenue of ₹11.57 Lakh for FY 2020 (up 87% YoY).
Octal Optimum Technologies has 2 current directors:
- Abhipsa Sahoo - Director
- Shishir Shivram Bhatkal - Director
Octal Optimum Technologies reported a net loss of ₹2.06 Lakh (net margin -17.8%) and EBITDA of -₹1.89 Lakh (EBITDA margin -16.4%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Octal Optimum Technologies is 61% over three years. In the latest year (FY 2020) revenue rose 87%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Octal Optimum Technologies is U72900KA2016PTC094875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Octal Optimum Technologies was incorporated on 11 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Octal Optimum Technologies by revenue are Uvedic Care Private Limited, Alstitch Packaging Private Limited, Bs-Ifms Private Limited, Pal Ittech Private Limited, Iiis Security Private Limited and 5 more, all in the same principal business activity (Other support services to organizations).
Abhipsa Sahoo was appointed as Director on 11 Jul 2016. Shishir Shivram Bhatkal was appointed as Director on 11 Jul 2016.
The registered office of Octal Optimum Technologies is at No 7511 Ashirwad Towers 2nd Floor 2nd Main Road Vyalikava Bangalore, Karnataka, India – 560003.
Octal Optimum Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.