About Parallax Technologies Private Limited
Data last updated:
Parallax Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 June 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2001PTC132541.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 171/C Mittal Tower 210 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.01 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Lakh (net margin 75.2%) and EBITDA of ₹2.67 Lakh (EBITDA margin 88.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The last known website on record is parallax.lk.
Company details
Contact details
Parallax Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is parallax.lk. Its e-mail address is in the company report.
- Email
- Website
- Registered Address171/C Mittal Tower 210 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Parallax Technologies 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
Financials of Parallax Technologies Private Limited
FY 2020 filings availableParallax Technologies Private Limited reported revenue of ₹3.01 Lakh (up 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 5% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.01 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.7% | ||||
| Net Profit Margin | 75.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Parallax Technologies Private Limited, buy the company report.
Board of directors of Parallax Technologies Private Limited
Parallax Technologies has 2 former directors on record and no current directors listed.
Peer comparison
Parallax Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megasat Technologies Private Limited | ₹3.04 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Digishastra Softech Private Limited | ₹3.03 Lakh (FY 2024) | -8.0% | Parbhani, Maharashtra, India | |||
| Information Interface India Private Limited | ₹3.03 Lakh (FY 2021) | -72.0% | Chennai, Tamil Nadu, India | |||
| Desyfer Intelisys Private Limited | ₹3.02 Lakh (FY 2019) | 126943.0% | Bengaluru, Karnataka, India | |||
| Jsoft Solutions Limited | ₹3.02 Lakh (FY 2018) | -98.0% | Bangalore, Karnataka, India | |||
| Parallax Technologies Private Limitedthis company | ₹3.01 Lakh (FY 2020) | ₹2.26 Lakh | 75.2% | 8.0% | Mumbai, Maharashtra, India | |
| Istrat Solutions Private Limited | ₹3.01 Lakh (FY 2023) | -95.0% | Pune, Maharashtra, India | |||
| Mastrolinks Private Limited | ₹3 Lakh (FY 2020) | Panchkula, Haryana, India | ||||
| Brandsek IT Solutions Private Limited | ₹3 Lakh (FY 2023) | Delhi, India | ||||
| V R Sheth Computer Campus Private Limited | ₹3 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Daicenet Solutions Private Limited | ₹3 Lakh (FY 2024) | -64.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Parallax Technologies Private Limited, buy the company report.
Auditor
Parallax Technologies Private Limited is audited by RAMANAND & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANAND & ASSOCIATES | FY 2020 | 117776W |
Shareholding
The shareholding of Parallax Technologies Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Parallax Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Parallax 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 Parallax Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Parallax Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parallax Technologies Private Limited has 2 board changes on record since 2021: 0 appointments and 2 cessations. The latest: Rahul Rajendra Mittal ceased to be Director on 15 Jun 2021.
Frequently asked questions
Parallax Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Parallax Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 28 June 2001 and is registered under CIN U72900MH2001PTC132541. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Parallax Technologies is U72900MH2001PTC132541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parallax Technologies was incorporated on 28 June 2001. It is registered with the Registrar of Companies, Mumbai.
Parallax Technologies can be reached through the website parallax.lk. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Parallax Technologies is at 171C Mittal Tower 210 Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Parallax Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
Parallax Technologies operated in the information technology industry, in the IT consulting and support services segment.
The peers of Parallax Technologies by revenue are Megasat Technologies Private Limited, Digishastra Softech Private Limited, Information Interface India Private Limited, Desyfer Intelisys Private Limited, Jsoft Solutions Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Rahul Rajendra Mittal ceased to be Director on 15 Jun 2021. Rajendra Govindram Mittal ceased to be Director on 15 Jun 2021.
The compliance status of Parallax Technologies is compliant as of 10 August 2026.
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