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Palmiro Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.1 Cr
▲ 46% YoY
Net profit · FY 2025
₹2.06 Cr
Net margin 5.9%
EBITDA · FY 2025
₹3.16 Cr
EBITDA margin 9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Palmiro Technologies Private Limited
Data last updated:
Palmiro Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 24 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC330927. Its GSTIN is 27AAKCP7874Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sanmeet Manohar Prabhu and Jarrar Jardar Khan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.1 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Cr (net margin 5.9%) and EBITDA of ₹3.16 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 73% over five years.
As per MCA filings, the company has open charges of ₹3.5 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹8 Lakh; the latest was in August 2020. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Asha Automine Private Limited with revenue of ₹35.11 Cr.
Palmiro Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0087355). For more details, the company can be reached via its website palmiro.in.
Company details
CIN U72900MH2019PTC330927
Registration Number 330927
Incorporation Date 24 September 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0087355
Recognitions & Rankings of Palmiro Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0087355
Contact details
Palmiro Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is palmiro.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 308 Corporate Annexe, Sonawala Road Goregaon – East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Palmiro Technologies Private Limited, buy the company report.
Comprehensive company report
Palmiro Technologies Private Limited - one report that includes everything
- 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
The main business activity of Palmiro Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Palmiro Technologies Private Limited, buy the company report.
Financials of Palmiro Technologies Private Limited
FY 2025 filings availablePalmiro Technologies Private Limited reported revenue of ₹35.1 Cr (up 46% YoY) for FY 2025.
Revenue · FY 2025
₹35.1 Cr ▲ 46%
Net profit · FY 2025
₹2.06 Cr margin 5.9%
EBITDA · FY 2025
₹3.16 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 54%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 413%
3 years · compounded
▲ 71%
5 years · compounded
▲ 89%
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 46% growth in the latest year. EBITDA rose 413% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.06 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Palmiro Technologies Private Limited, buy the company report.
Board of directors of Palmiro Technologies Private Limited
Palmiro Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanmeet Manohar Prabhu | Director | 24 Sep 2019 | 7 Years 1 Months | Current |
| Jarrar Jardar Khan | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Palmiro Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asha Automine Private Limited | ₹35.11 Cr (FY 2019) | 3.0% | Hyderabad, Telangana, India | |||
| Dynamic Hatcheries Private Limited | ₹35.11 Cr (FY 2018) | 34.0% | Kolkata, West Bengal, India | |||
| Shaktimaan Consumer Products Limited | ₹35.1 Cr (FY 2024) | 9.0% | Jamnagar, Gujarat, India | |||
| High Growth Exports Pvt Ltd | ₹35.1 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Thamar Fresh India Private Limited | ₹35.1 Cr (FY 2025) | -20.0% | Navi Mumbai, Maharashtra, India | |||
| Palmiro Technologies Private Limitedthis company | ₹35.1 Cr (FY 2025) | ₹2.06 Cr | 5.9% | 46.0% | Mumbai, Maharashtra, India | |
| Surabhi Innovation Private Limited | ₹35.1 Cr (FY 2024) | -27.0% | Kochi, Kerala, India | |||
| Sanify Healthcare Private Limited | ₹35.1 Cr (FY 2024) | 9.0% | Zirakpur, Punjab, India | |||
| Luscious Impex Private Limited | ₹35.09 Cr (FY 2018) | Mumbai, Maharashtra, India | ||||
| Purshottamdas Cotton Seeds Industries Pvt Ltd | ₹35.09 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Ligero Industries Private Limited | ₹35.09 Cr (FY 2023) | 368.0% | Surat, Gujarat, India |
To see the full peer comparison of Palmiro Technologies Private Limited, buy the company report.
Auditor
Palmiro Technologies Private Limited is audited by R V JHA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V JHA & COMPANY | FY 2023 | 146173W |
Shareholding
The shareholding of Palmiro Technologies Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Palmiro Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101193767 | Others | ₹3 Cr | Open | |
| 28 Dec 2020 | 100399985 | State Bank of India | ₹49.5 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Palmiro Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹8 Lakh; the latest was in August 2020.
Total deals
1
Funding round
1
Disclosed funding
₹8 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Funding round | ₹8 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Palmiro Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palmiro Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Palmiro Technologies has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Palmiro Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP7874Q1Z8 | Maharashtra | Active | 26 Sep 2019 |
To see the full GST registrations and return filing status of Palmiro Technologies Private Limited, buy the company report.
Recent activity
Palmiro Technologies Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Saba Khan ceased to be Director on 23 Jul 2025.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 101193767 was registered on 25 Nov 2025.
AGM
Palmiro Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Saba Khan ceased to be Director.
Appointed
Jarrar Jardar Khan was appointed as Director.
Filing
Palmiro Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with State Bank Of India amounted to Rs. 49.50 Lakh with Charge ID 100399985 was registered on 28 Dec 2020.
Appointed
Saba Khan was appointed as Director.
Appointed
Sanmeet Manohar Prabhu was appointed as Director.
Incorporation
24 Sep 2019
Palmiro Technologies Private Limited was registered on 24 Sep 2019 with Roc Mumbai I & aged 7 years 1 month as per MCA records.
Frequently asked questions
Palmiro Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 24 September 2019 (7+ years old) and is registered under CIN U72900MH2019PTC330927.
Palmiro Technologies has 2 current directors:
- Sanmeet Manohar Prabhu - Director
- Jarrar Jardar Khan - Director
The latest financial statements of Palmiro Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Palmiro Technologies is 27AAKCP7874Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palmiro Technologies is U72900MH2019PTC330927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palmiro Technologies was incorporated on 24 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Palmiro Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹8 Lakh; the latest was in August 2020.
The peers of Palmiro Technologies by revenue are Asha Automine Private Limited, Dynamic Hatcheries Private Limited, Shaktimaan Consumer Products Limited, High Growth Exports Pvt Ltd, Thamar Fresh India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Saba Khan ceased to be Director on 23 Jul 2025. Jarrar Jardar Khan was appointed as Director on 01 Jun 2025. Saba Khan was appointed as Director on 24 Sep 2019. Palmiro Technologies has 4 board changes on record in total.
Yes, Palmiro Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Palmiro Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0087355).