About Photon Infotech Private Limited
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Photon Infotech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN1999PTC042735. Its GSTIN is 33AABCP9405E1ZQ (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.97 Cr. It is led by directors including Mukund Balasubramanian (Whole-Time Director) and Srinivas Balasubramanian (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 7 VII Cross Street Sastri Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.39 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹9.15 Cr (net margin 13%) and EBITDA of ₹13.46 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹45 Cr on record. Court records list 98 cases involving the company, including 53 filed by the company and 45 filed against it; 24 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website photon.in.
Company details
Contact details
Photon Infotech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is photon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 7 VII Cross Street Sastri Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Photon Infotech 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
Business activity
The main business activity of Photon Infotech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Photon Infotech Private Limited, buy the company report.
Financials of Photon Infotech Private Limited
FY 2024 filings availablePhoton Infotech Private Limited reported revenue of ₹70.39 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 20% growth in the latest year. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.46 Cr | ||||
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| Net Profit (PAT) | ₹9.15 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Photon Infotech Private Limited, buy the company report.
Board of directors of Photon Infotech Private Limited
Photon Infotech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Latha Balasubramanian | Director | 30 Nov 2000 | 25 Years 10 Months | Current |
| Mukund Balasubramanian | Whole-Time Director | 01 Jul 1999 | 27 Years 3 Months | Current |
| Srinivas Balasubramanian | Whole-Time Director | 30 Sep 2003 | 23 Years 0 Months | Current |
Auditor
Photon Infotech Private Limited is audited by K.S.JAGANATHAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.JAGANATHAN & CO | FY 2023 | 001207S |
Shareholding
The shareholding of Photon Infotech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Photon Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2013 | 10431005 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Satisfied | |
| 20 Sep 2011 | 10315643 | Indusind Bank Ltd. | ₹25 Cr | Satisfied |
To see the full charge records of Photon Infotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Photon Infotech Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2011 | Secondary share transfer | Undisclosed | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Photon Infotech Private Limited has 98 court cases on record: 53 filed by Photon Infotech, 45 filed against it. 24 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 24 | 17 |
| District courts | 13 | 8 | 1 |
| NCLAT | 9 | 8 | 6 |
| NCLT | 5 | 5 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed against the company by M/S. Mathi Leathers Pvt Ltd | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Mathileathersprivatelimited | Disposed |
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed against the company by M/S. Mathi Leathers Pvt Ltd | Disposed |
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed against the company by M/S. Mathi Leathers Pvt Ltd | Disposed |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed by the company against Photon Interactive Pvt. Ltd. Block No. 5, Floor No. 2, DLF IT Park, Shivaji Park, Adyar , District: Chennai ,Chennai , Tamil Nadu and 5 others | Disposed |
To see the full case history of Photon Infotech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Photon Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Photon Infotech has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP9405E1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 33AABCP9405E2ZP | Tamil Nadu | Active | 14 Mar 2025 |
| 24AABCP9405E1ZP | Gujarat | Active | 16 Jan 2018 |
To see the full GST registrations and return filing status of Photon Infotech Private Limited, buy the company report.
Recent activity
Photon Infotech Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Srinivas Balasubramanian was appointed as Whole-Time Director on 30 Sep 2003.
News
Frequently asked questions
Photon Infotech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 30 June 1999 (27+ years old) and is registered under CIN U72200TN1999PTC042735.
Photon Infotech has 3 current directors:
- Mukund Balasubramanian - Whole-Time Director
- Srinivas Balasubramanian - Whole-Time Director
- Latha Balasubramanian - Director
The latest financial statements of Photon Infotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Photon Infotech is 33AABCP9405E1ZQ, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCP9405E2ZP (Tamil Nadu), 24AABCP9405E1ZP (Gujarat).
The CIN (Corporate Identification Number) of Photon Infotech is U72200TN1999PTC042735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Photon Infotech has 98 court cases on record: 53 filed by the company and 45 filed against it. 24 are pending. Most are in the high courts.
Photon Infotech was incorporated on 30 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Photon Infotech has 1 deal on record (1 secondary share transfer); the latest was in November 2011.
Srinivas Balasubramanian was appointed as Whole-Time Director on 30 Sep 2003. Latha Balasubramanian was appointed as Director on 30 Nov 2000. Mukund Balasubramanian was appointed as Whole-Time Director on 01 Jul 1999.
Photon Infotech can be reached through the website photon.in. Its registered office is in Chennai, Tamil Nadu, India.