DPIIT recognised startup Government of India
Startup India
Pearlex Tech Private Limited
Pearlex Tech Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹6.16 Lakh
▼ 36% YoY
Net profit · FY 2024
₹26,426
Net margin 4.3%
EBITDA · FY 2024
₹35,315
EBITDA margin 5.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Pearlex Tech Private Limited
Data last updated:
Pearlex Tech Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 08 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021PTC141890.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Muthumanigandan Duraibabu (Managing Director) and Padmavathy Kolur Thulasi Varadarajan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15/29 Thambu Chetty Street Nr. Royapuram Bridge, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.16 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹26,426 (net margin 4.3%) and EBITDA of ₹35,315 (EBITDA margin 5.7%).
Company Details of Pearlex Tech Private Limited
CIN U72900TN2021PTC141890
Registration Number 141890
Incorporation Date 08 March 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Muthumanigandan Duraibabu Managing Director Padmavathy Kolur Thulasi Varadarajan Director Sivaramakrishnan Duraibabu Director Recognitions & Rankings of Pearlex Tech
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address15/29 Thambu Chetty Street Nr. Royapuram Bridge, Chennai, Tamil Nadu, India – 600001
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Pearlex Tech 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Pearlex Tech Private Limited
The main business activity of Pearlex Tech is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Premium access
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 Pearlex Tech Private Limited FY 2024 filings available
Pearlex Tech Private Limited reported revenue of ₹6.16 Lakh (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹6.16 Lakh ▼ 36%
Net profit · FY 2024
₹26,426 margin 4.3%
EBITDA · FY 2024
₹35,315 margin 5.7%
Compounded Annual Growth Rate (CAGR) of Pearlex Tech Private Limited
Revenue CAGR growth
1 year
▼ 36%
EBITDA CAGR growth
1 year
▼ 30%
Revenue fell 36% in the latest year. EBITDA fell 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Pearlex Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹35,315 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26,426 | •••• | •••• | •••• |
| 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 Pearlex Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• |
| 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 Pearlex Tech are in the company report.
Premium access
Financial statements from FY 2021
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.
Board of Directors of Pearlex Tech Private Limited
Pearlex Tech has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthumanigandan Duraibabu Also directs: Orzu Tech LLP, Khiyaraa Insurance Broking Services LLP | Managing Director | 08 Mar 2021 | 5 Years 7 Months | Current |
| Padmavathy Kolur Thulasi Varadarajan Also directs: Orzu Tech LLP, Khiyaraa Insurance Broking Services LLP | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
| Sivaramakrishnan Duraibabu Also directs: Orzu Tech LLP, Khiyaraa Insurance Broking Services LLP | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
Peer Comparison of Pearlex Tech Private Limited
Pearlex Tech Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trivy Technologies Private Limited | ₹6.4 Lakh (FY 2024) | •••• | •••• | 255.0% | •••• | Andheri West Mumbai, Maharashtra, India |
| Eesipay Fortitude Private Limited | ₹6.37 Lakh (FY 2022) | •••• | •••• | •••• | Chengalpattu, Tamil Nadu, India | |
| Pointspe Paisa Private Limited | ₹6.29 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Bmamba Technologies Private Limited | ₹6.29 Lakh (FY 2025) | •••• | •••• | •••• | Patna, Bihar, India | |
| Shepays Financial Services Private Limited | ₹6.16 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Gurgaon, Haryana, India |
| Pearlex Tech Private Limited this company | ₹6.16 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Chennai, Tamil Nadu, India |
| Unipay Digital Private Limited | ₹6 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Jaipur, Rajasthan, India |
| Devdut Digital Payments and E Services Private Limited | ₹5.99 Lakh (FY 2020) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Payzorr India Technologies Private Limited | ₹5.76 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Lucknow, Uttar Pradesh, India |
| Xpay Life Private Limited | ₹5.61 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Samatha Digital Solutions Private Limited | ₹5.47 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Mysore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Pearlex Tech by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Pearlex Tech Private Limited
Pearlex Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pearlex Tech Private Limited
Employment history and EPFO contributions of people linked to Pearlex Tech.
Premium access
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 Pearlex Tech Private Limited
Pearlex Tech Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Muthumanigandan Duraibabu was appointed as Managing Director on 08 Mar 2021.
AGM
Pearlex Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pearlex Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Muthumanigandan Duraibabu was appointed as Managing Director.
Appointed
Padmavathy Kolur Thulasi Varadarajan was appointed as Director.
Appointed
Sivaramakrishnan Duraibabu was appointed as Director.
Incorporation
08 Mar 2021
Pearlex Tech Private Limited was registered on 08 Mar 2021 with Roc Chennai & aged 5 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Pearlex Tech Private Limited
Premium access
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 Pearlex Tech Private Limited
Premium access
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 Pearlex Tech Private Limited
Premium access
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 Pearlex Tech Private Limited
Premium access
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 Pearlex Tech Private Limited
Premium access
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 Pearlex Tech Private Limited
Pearlex Tech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 08 March 2021 (5+ years old) and is registered under CIN U72900TN2021PTC141890.
Pearlex Tech reported revenue of ₹6.16 Lakh for FY 2024 (down 36% YoY).
Pearlex Tech has 3 current directors:
- Muthumanigandan Duraibabu - Managing Director
- Padmavathy Kolur Thulasi Varadarajan - Director
- Sivaramakrishnan Duraibabu - Director
Pearlex Tech reported a net profit of ₹26,426 (net margin 4.3%) and EBITDA of ₹35,315 (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Pearlex Tech is U72900TN2021PTC141890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pearlex Tech was incorporated on 08 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Pearlex Tech by revenue are Trivy Technologies Private Limited, Eesipay Fortitude Private Limited, Pointspe Paisa Private Limited, Bmamba Technologies Private Limited, Shepays Financial Services Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Muthumanigandan Duraibabu was appointed as Managing Director on 08 Mar 2021. Padmavathy Kolur Thulasi Varadarajan was appointed as Director on 08 Mar 2021. Sivaramakrishnan Duraibabu was appointed as Director on 08 Mar 2021.
Yes, Pearlex Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Pearlex Tech is at 1529 Thambu Chetty Street Nr. Royapuram Bridge, Chennai, Tamil Nadu, India – 600001.
Pearlex Tech has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh.