About Palpx Technologies Private Limited
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Palpx Technologies Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2006PTC019492. Its GSTIN is 32AACCN4959Q1ZV (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Coresys Infotech Private Limited and New Steth Diagnostic Solutions Private Limited. It is led by directors Sreejith (Managing Director) and Vinoth Viswanathapillai Vijayarani.
Its last annual general meeting (AGM) was held on 04 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.46/149/A1 Kollappillil Building Vennala P O, Kochi, Kerala, India – 682028.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.51 Lakh (net margin 2.4%) and EBITDA of ₹13.31 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 30% over five years.
The company is associated with 1 brand: Palpx.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palpx.com.
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- Website
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- Registered AddressNo.46/149/A1 Kollappillil Building Vennala P O, Kochi, Kerala, India – 682028
- 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
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Business Activity of Palpx Technologies Private Limited
The main business activity of Palpx Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Palpx Technologies Private Limited FY 2025 filings available
Palpx Technologies Private Limited reported revenue of ₹1.03 Cr (up 265% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Palpx Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 265% growth in the latest year. EBITDA rose 156% 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 Palpx Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹13.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.51 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 Palpx Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Palpx 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.
Peer Comparison of Palpx Technologies Private Limited
Palpx Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acumna Consulting Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Drawout Technologies India Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ernakulam, Kerala, India |
| Sella Synergy India Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Eclat Infocom Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Mediatel Communications International Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Palpx Technologies Private Limited this company | ₹1.03 Cr (FY 2024) | •••• | •••• | 265.0% | •••• | Kochi, Kerala, India |
| IT Intellect Micro Solutions Private Limited | ₹1.03 Cr (FY 2019) | •••• | •••• | -34.0% | •••• | Pune, Maharashtra, India |
| Ariston Tek Solutions Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Hyderabad, Telangana, India |
| Shinam Infotech Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Station-E -Info Services Private Limited | ₹1.02 Cr (FY 2021) | •••• | •••• | -45.0% | •••• | Rajkot, Gujarat, India |
| Siliconedge Tech Solutions Private Limited | ₹1.02 Cr (FY 2019) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Palpx Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Palpx Technologies Private Limited
Palpx Technologies Private Limited is audited by J V R & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J V R & 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 Palpx Technologies Private Limited
Palpx Technologies has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinoth Viswanathapillai Vijayarani Also directs: Ojo AI Private Limited, Mark R&D Private Limited, Palpx Legal Private Limited and 2 more | Director | 10 Oct 2018 | 7 Years 11 Months | Current |
| Sreejith Also directs: Ojo AI Private Limited, Mark R&D Private Limited, Palpx Legal Private Limited and 1 more | Managing Director | 01 Sep 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Palpx 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 Palpx Technologies Private Limited
Palpx Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palpx Technologies Private Limited
Employment history and EPFO contributions of people linked to Palpx 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.
Name History of Palpx Technologies Private Limited
Palpx Technologies has undergone 2 name changes throughout its history. The company was previously known as Coresys Infotech Private Limited, and New Steth Diagnostic Solutions Private Limited. The current legal name is Palpx Technologies Private Limited.
| Company Name | Status |
|---|---|
| Palpx Technologies Private Limited | Current |
| Coresys Infotech Private Limited | Previous |
| New Steth Diagnostic Solutions Private Limited | Previous |
Recent Activity on Palpx Technologies Private Limited
Palpx Technologies Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Baji Joseph ceased to be Additional Director on 29 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Palpx 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 Palpx 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 Palpx 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 Palpx Technologies Private Limited
Palpx Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCN4959Q1ZV | Kerala | Active | 31 Oct 2018 |
| 29AACCN4959Q1ZI | Karnataka | Active | 28 Feb 2020 |
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 Palpx 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 Palpx Technologies Private Limited
Palpx Technologies is an active private limited company based in Kochi, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 June 2006 (20+ years old) and is registered under CIN U72200KL2006PTC019492.
Palpx Technologies reported revenue of ₹1.03 Cr for FY 2024 (up 265% YoY).
Palpx Technologies has 2 current directors:
- Sreejith - Managing Director
- Vinoth Viswanathapillai Vijayarani - Director
Palpx Technologies reported a net profit of ₹2.51 Lakh (net margin 2.4%) and EBITDA of ₹13.31 Lakh (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palpx Technologies is -3% over three years and 30% over five years. In the latest year (FY 2024) revenue rose 265%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palpx Technologies is 32AACCN4959Q1ZV, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCN4959Q1ZI (Karnataka).
The CIN (Corporate Identification Number) of Palpx Technologies is U72200KL2006PTC019492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palpx Technologies was incorporated on 02 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Palpx Technologies by revenue are Acumna Consulting Private Limited, Drawout Technologies India Private Limited, Sella Synergy India Private Limited, Eclat Infocom Private Limited, Mediatel Communications International Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Baji Joseph ceased to be Additional Director on 29 Mar 2024. Subhash Kunnath ceased to be Additional Director on 30 Nov 2022. Sreejith ceased to be Additional Director on 27 Feb 2020. Palpx Technologies has 9 board changes on record in total.
Palpx Technologies can be reached through the website palpx.com. Its registered office is in Kochi, Kerala, India.