About Pyramid Technovate Private Limited
Data last updated:
Pyramid Technovate Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 24 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29306MH2017PTC294209. Its GSTIN is 27AAYCS5580N1Z6 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.01 Cr. It is led by directors Prasant Yadav and Subhash Chandra Jangid.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.94 Lakh (net margin 3%) and EBITDA of ₹10.18 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 679% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparkletengineers.com.
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- Website
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- Registered AddressUnit – 1021 Ground Floor The Summit Business Bay, Andheri Kurla Road Prakash Wadi Andheri Chakala Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryEngineering, Engineering Components Retail & Distribution
- 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 Pyramid Technovate Private Limited
The main business activity of Pyramid Technovate is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Pyramid Technovate Private Limited FY 2023 filings available
Pyramid Technovate Private Limited reported revenue of ₹2.31 Cr (up 274% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Pyramid Technovate Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 679% over three years, including 274% growth in the latest year. EBITDA rose 50% 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 Pyramid Technovate Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹10.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.94 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 Pyramid Technovate Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Pyramid Technovate are in the company report.
Financial statements from FY 2018
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 Pyramid Technovate Private Limited
Pyramid Technovate Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Components Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ind Auto Moto Turnings Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Vibes Marketing and Services Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| HRR Engineers & Consultants Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Arconic of India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| H N Mukherjee and Associates Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Pyramid Technovate Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Harsha Millhard Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Seagear Marine Supplies Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Resonance Integrated Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Tirth Prakash Private Limited | •••• | •••• | •••• | •••• | - | Vasai, Maharashtra, India |
| Tuskar Manufacturing Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pyramid Technovate by revenue in the Engineering industry (Components Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Pyramid Technovate Private Limited
Auditor information for Pyramid Technovate Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Pyramid Technovate Private Limited
Pyramid Technovate has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasant Yadav | Director | 21 Dec 2022 | 3 Years 9 Months | Current |
| Subhash Chandra Jangid Also directs: Dealmark Capital Advisors Private Limited | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Pyramid Technovate 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 Pyramid Technovate Private Limited
Pyramid Technovate Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pyramid Technovate Private Limited
Employment history and EPFO contributions of people linked to Pyramid Technovate.
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 Pyramid Technovate Private Limited
Pyramid Technovate Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Prasant Yadav ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Pyramid Technovate 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 Pyramid Technovate 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 Pyramid Technovate 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 Pyramid Technovate Private Limited
Pyramid Technovate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS5580N1Z6 | Maharashtra | Active | 29 Oct 2018 |
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 Pyramid Technovate 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 Pyramid Technovate Private Limited
Pyramid Technovate is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 24 April 2017 (9+ years old) and is registered under CIN U29306MH2017PTC294209.
Pyramid Technovate reported revenue of ₹2.31 Cr for FY 2023 (up 274% YoY).
Pyramid Technovate has 2 current directors:
- Prasant Yadav - Director
- Subhash Chandra Jangid - Director
Pyramid Technovate reported a net profit of ₹6.94 Lakh (net margin 3%) and EBITDA of ₹10.18 Lakh (EBITDA margin 4.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pyramid Technovate is 679% over three years. In the latest year (FY 2023) revenue rose 274%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pyramid Technovate is 27AAYCS5580N1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pyramid Technovate is U29306MH2017PTC294209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pyramid Technovate was incorporated on 24 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pyramid Technovate by revenue are Ind Auto Moto Turnings Private Limited, Vibes Marketing and Services Private Limited, HRR Engineers & Consultants Private Limited, Arconic of India Private Limited, H N Mukherjee and Associates Pvt Ltd and 5 more, all in the Engineering industry (Components Retail and Distribution).
Prasant Yadav ceased to be Additional Director on 29 Sep 2023. Natraj Velaydham Shetty ceased to be Director on 27 Dec 2022. Prasant Yadav was appointed as Director on 21 Dec 2022. Pyramid Technovate has 9 board changes on record in total.
Pyramid Technovate can be reached through the website sparkletengineers.com. Its registered office is in Mumbai, Maharashtra, India.