Parallel Cloud Private Limited
About Parallel Cloud Private Limited
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Parallel Cloud Private Limited is a private limited company based in Pathanamthitta, Kerala, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 10 May 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2022PTC075454.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rexy Sara Raju and Kunjumary Muthalakuzhiyil Varkey.
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 Pathanamthitta, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.08 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹4.21 Lakh (net margin -16.8%) and EBITDA of -₹3.55 Lakh (EBITDA margin -14.2%).
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- Registered AddressNo. 405A Thamarasseril Nellikkala P.O. Elanthoo, R, Pathanamthitta, Kerala, India – 689643
- IndustryInformation Technology, Cloud Computing & Cloud 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
- One PDF report, delivered after checkout
Business Activity of Parallel Cloud Private Limited
The main business activity of Parallel Cloud is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Parallel Cloud Private Limited FY 2025 filings available
Parallel Cloud Private Limited reported revenue of ₹25.08 Lakh (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parallel Cloud Private Limited
Revenue fell 54% in the latest year. EBITDA fell 250% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Parallel Cloud Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹3.55 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.21 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 Parallel Cloud Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -14.2% | •••• | •••• |
| Net Profit Margin | -16.8% | •••• | •••• |
| 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 Parallel Cloud are in the company report.
Financial statements from FY 2023
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 Parallel Cloud Private Limited
Parallel Cloud Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Cloud Computing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloudlytics Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Lockn Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Kreya IT Consulting Private Limited | •••• | •••• | •••• | •••• | - | Greater Noida, Uttar Pradesh, India |
| Boxfile Web Services Private Limited | •••• | •••• | •••• | •••• | - | Tirchy, Tamil Nadu, India |
| Ekodemy India Private Limited | •••• | •••• | •••• | •••• | - | Greater Noida, Uttar Pradesh, India |
| Parallel Cloud Private Limited this company | •••• | •••• | •••• | •••• | - | Pathanamthitta, Kerala, India |
| Mannya Techno Solutions (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Cloudsup Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Cloudverse Systems Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Smaragdine Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Movico Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Parallel Cloud by revenue in the Information Technology industry (Cloud Computing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Parallel Cloud Private Limited
Parallel Cloud has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rexy Sara Raju | Director | 10 May 2022 | 4 Years 4 Months | Current |
| Kunjumary Muthalakuzhiyil Varkey | Director | 10 May 2022 | 4 Years 4 Months | Current |
Charges & Borrowings of Parallel Cloud Private Limited
Parallel Cloud Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parallel Cloud Private Limited
Employment history and EPFO contributions of people linked to Parallel Cloud.
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 Parallel Cloud Private Limited
Parallel Cloud Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kunjumary Muthalakuzhiyil Varkey was appointed as Director on 10 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Parallel Cloud 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 Parallel Cloud 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 Parallel Cloud 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 Parallel Cloud 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 Parallel Cloud 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 Parallel Cloud Private Limited
Parallel Cloud is an active private limited company based in Pathanamthitta, Kerala, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 10 May 2022 (4+ years old) and is registered under CIN U72900KL2022PTC075454.
Parallel Cloud reported revenue of ₹25.08 Lakh for FY 2025 (down 54% YoY).
Parallel Cloud has 2 current directors:
- Rexy Sara Raju - Director
- Kunjumary Muthalakuzhiyil Varkey - Director
Parallel Cloud reported a net loss of ₹4.21 Lakh (net margin -16.8%) and EBITDA of -₹3.55 Lakh (EBITDA margin -14.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Parallel Cloud is U72900KL2022PTC075454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parallel Cloud was incorporated on 10 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Parallel Cloud by revenue are Cloudlytics Technologies Private Limited, Lockn Technologies Private Limited, Kreya IT Consulting Private Limited, Boxfile Web Services Private Limited, Ekodemy India Private Limited and 5 more, all in the Information Technology industry (Cloud Computing).
Kunjumary Muthalakuzhiyil Varkey was appointed as Director on 10 May 2022. Rexy Sara Raju was appointed as Director on 10 May 2022.
The registered office of Parallel Cloud is at No. 405A Thamarasseril Nellikkala P.O. Elanthoo, R, Pathanamthitta, Kerala, India – 689643.
Parallel Cloud has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Parallel Cloud operates in the information technology industry, in the cloud computing and cloud services segment.