About Photon AI Private Limited
Data last updated:
Photon AI Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2002PTC016903. Its GSTIN is 27AADCP1442M1ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Photon Grafix and Innovations Private Limited. It is led by directors Laxman Dhonduseth Parulekar and Ranjan Laxman Parulekar.
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 A – 9 Amruteshwar Aptspimpri, Pune, Maharashtra, India – 411018.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.36 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹63.85 Lakh (net margin 14.6%) and EBITDA of ₹68.18 Lakh (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 17% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Photon Ai.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website photonai.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 9 Amruteshwar Aptspimpri, Pune, Maharashtra, India – 411018
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance 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 Photon AI Private Limited
The main business activity of Photon AI 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 |
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 Photon AI Private Limited FY 2024 filings available
Photon AI Private Limited reported revenue of ₹4.36 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Photon AI Private Limited
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 324% 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 Photon AI 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 | ₹68.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.85 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 Photon AI Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.6% | •••• | •••• | •••• | •••• |
| 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 Photon AI 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 Photon AI Private Limited
Photon AI Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zorek Education Technologies Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Hyderabad, A.P, Telangana, India |
| Gobelki Industries Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | 139.0% | •••• | Jalgaon, Maharashtra, India |
| Sterling Systems Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Baramati, Maharashtra, India |
| Gerbera Technologies Private Limited | ₹4.37 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Nellore, Andhra Pradesh, India |
| Viamagus Technologies Private Limited | ₹4.37 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Konanakunte, Karnataka, India |
| Photon AI Private Limited this company | ₹4.36 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Unify Systems Private Limited | ₹4.36 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Minerva Technology Solutions Limited | ₹4.35 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Cerafic Information Technologies (India) Private Limited | ₹4.35 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| Totality Media Private Limited | ₹4.34 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| BMV System Integration Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Photon AI by revenue in the Information Technology industry (Application Development, Website Design and Maintenance), 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 Photon AI Private Limited
Photon AI Private Limited is audited by A G A P & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A G A P & CO | 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 Photon AI Private Limited
Photon AI has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxman Dhonduseth Parulekar | Director | 08 Apr 2002 | 24 Years 6 Months | Current |
| Ranjan Laxman Parulekar | Director | 08 Apr 2002 | 24 Years 6 Months | Current |
Ownership and Shareholding of Photon AI 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 Photon AI Private Limited
Photon AI Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Photon AI Private Limited
Photon AI operates one associated brand: Photon Ai. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ICT system integration, managed services, and AI research in technology. | photon.co.in |
Employees and EPFO Compliance at Photon AI Private Limited
Photon AI Private Limited has a workforce of 11 employees as of Apr 10, 2024.
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 Photon AI Private Limited
Photon AI Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Laxman Dhonduseth Parulekar was appointed as Director on 08 Apr 2002.
Credit Ratings, Litigation & Regulatory Alerts for Photon AI 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 Photon AI 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 Photon AI 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 Photon AI Private Limited
Photon AI has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP1442M1ZB | Maharashtra | Active | 01 Jul 2017 |
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 Photon AI 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 Photon AI Private Limited
Photon AI is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 April 2002 (24+ years old) and is registered under CIN U72200PN2002PTC016903.
Photon AI reported revenue of ₹4.36 Cr for FY 2024 (up 18% YoY).
Photon AI has 2 current directors:
- Laxman Dhonduseth Parulekar - Director
- Ranjan Laxman Parulekar - Director
Photon AI reported a net profit of ₹63.85 Lakh (net margin 14.6%) and EBITDA of ₹68.18 Lakh (EBITDA margin 15.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Photon AI is 10% over three years and -17% over five years. In the latest year (FY 2024) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Photon AI is 27AADCP1442M1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Photon AI is U72200PN2002PTC016903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Photon AI was incorporated on 08 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Photon AI by revenue are Zorek Education Technologies Private Limited, Gobelki Industries Limited, Sterling Systems Private Limited, Gerbera Technologies Private Limited, Viamagus Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development, Website Design and Maintenance).
Laxman Dhonduseth Parulekar was appointed as Director on 08 Apr 2002. Ranjan Laxman Parulekar was appointed as Director on 08 Apr 2002.
Photon AI can be reached through the website photonai.in. Its registered office is in Pune, Maharashtra, India.