About Paladion Networks Private Limited
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Paladion Networks Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 24 May 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2000PTC045018. Its GSTIN is 33AACCP0500B1ZH (Tamil Nadu). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.62 Lakh. It was led by directors including Binu Mathew Thomas and Vasudevan Vinod.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Desk – 41 Level – 2 Agnitio Tech Park 141 Kandanchavadi Near Perungudi Omr, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2018, the company reported a revenue of ₹194.3 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹21.75 Cr (net margin -11.2%) and EBITDA of -₹9.15 Cr (EBITDA margin -4.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company was associated with 1 brand: Paladion. As per MCA filings, the company had satisfied charges of ₹27.8 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is paladion.net.
Company details
Contact details
Paladion Networks Private Limited's registered office is in Chennai, Tamil Nadu. Its website is paladion.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressDesk – 41 Level – 2 Agnitio Tech Park 141 Kandanchavadi Near Perungudi Omr, Chennai, Tamil Nadu, India – 600096
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Paladion Networks Private Limited, buy the company report.
- 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
Brands
Paladion Networks operates one associated brand: Paladion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of managed cyber security services | paladion.netlify.app |
Business activity
The main business activities of Paladion Networks are information and communication and professional, scientific and technical. In detail, this covers other information & communication service activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Paladion Networks Private Limited, buy the company report.
Financials of Paladion Networks Private Limited
FY 2018 filings availablePaladion Networks Private Limited reported revenue of ₹194.3 Cr (up 26% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 26% growth in the latest year. EBITDA rose 57% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹194.3 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹9.15 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21.75 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.7% | |||
| Net Profit Margin | -11.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Paladion Networks Private Limited, buy the company report.
Board of directors of Paladion Networks Private Limited
Paladion Networks has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binu Mathew Thomas Also directs: Gricaura LLP, Osfiron AI Private Limited | Director | 29 Nov 2000 | 25 Years 10 Months | As last reported |
| Vasudevan Vinod Also directs: Ackuity Security India Private Limited | Director | 24 May 2000 | 26 Years 5 Months | As last reported |
| Jose Varghese | Director | 29 Nov 2000 | 25 Years 10 Months | As last reported |
| Rajat Mohanty Also directs: Ackuity Security India Private Limited | Director | 24 May 2000 | 26 Years 5 Months | As last reported |
Auditor
Paladion Networks Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2018 | 008072S |
Shareholding
The shareholding of Paladion Networks Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Paladion Networks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2012 | 10331559 | Icici Bank Limited | ₹17 Cr | Satisfied | |
| 19 Nov 2009 | 10187899 | 3I Infotech Trusteeship Services Limited | ₹10.8 Cr | Satisfied |
To see the full charge records of Paladion Networks Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Paladion Networks Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Paladion Networks Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paladion Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paladion Networks has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCP0500B1ZH | Tamil Nadu | Active | 01 Sep 2017 |
| 27AACCP0500B1ZA | Maharashtra | Active | 01 Jul 2017 |
| 29AACCP0500B1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paladion Networks Private Limited, buy the company report.
Recent activity
Paladion Networks Private Limited has 10 board changes on record since 2000: 4 appointments and 6 cessations. The latest: Sreeraj Gopinathan Nair ceased to be Director on 31 Mar 2019.
7 earlier events are in the company report.
Frequently asked questions
Paladion Networks has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Paladion Networks was a private limited company based in Chennai, Tamil Nadu, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 24 May 2000 and is registered under CIN U72200TN2000PTC045018. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Paladion Networks was incorporated on 24 May 2000. It is registered with the Registrar of Companies, Chennai.
Paladion Networks had 4 directors:
- Binu Mathew Thomas - Director
- Vasudevan Vinod - Director
- Jose Varghese - Director
- Rajat Mohanty - Director
The CIN (Corporate Identification Number) of Paladion Networks is U72200TN2000PTC045018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paladion Networks is at Desk – 41 Level – 2 Agnitio Tech Park 141 Kandanchavadi Near Perungudi Omr, Chennai, Tamil Nadu, India – 600096.
Paladion Networks can be reached through the website paladion.net. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Paladion Networks on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Paladion Networks is 33AACCP0500B1ZH, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCP0500B1ZA (Maharashtra), 29AACCP0500B1Z6 (Karnataka).
Paladion Networks operated in the travel and hospitality industry, in the consumer professional services segment.