Qfine Technologies Private Limited
About Qfine Technologies Private Limited
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Qfine Technologies Private Limited is a private limited company based in Perinthalmanna, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2018PTC054664. Its GSTIN is 32AAACQ5587H1ZB (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shaheel Karuvattil (Managing Director) and Mohammed Shibili Karuvattil.
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 32/1112(4) Above Alpha Eng Company Calicut Road, Perinthalmanna, Kerala, India – 679322.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.62 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹42,791 (net margin 26.4%) and EBITDA of ₹1.23 Lakh (EBITDA margin 76.2%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 56% over five years.
Company details
Contact details
Qfine Technologies Private Limited's registered office is in Perinthalmanna, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32/1112(4) Above Alpha Eng Company Calicut Road, Perinthalmanna, Kerala, India – 679322
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Qfine Technologies 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 Qfine Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Qfine Technologies Private Limited, buy the company report.
Financials of Qfine Technologies Private Limited
FY 2024 filings availableQfine Technologies Private Limited reported revenue of ₹1.62 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 98% fall in the latest year. EBITDA fell 54% 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
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| EBITDA | ₹1.23 Lakh | ||||
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| Net Profit (PAT) | ₹42,791 | ||||
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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 | 76.2% | ||||
| Net Profit Margin | 26.4% | ||||
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To see the full financial statements and ratios of Qfine Technologies Private Limited, buy the company report.
Board of directors of Qfine Technologies Private Limited
Qfine Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Shibili Karuvattil | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Shaheel Karuvattil | Managing Director | 17 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Qfine Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Layagie Softwares Private Limited | ₹1.62 Lakh (FY 2019) | Tirupur, Tamil Nadu, India | ||||
| Nouveau Horizon Systems Private Limited | ₹1.62 Lakh (FY 2019) | -12.0% | Delhi, India | |||
| Aideas Tech Solutions Private Limited | ₹1.62 Lakh (FY 2025) | 575.0% | Hyderabad, Telangana, India | |||
| Sri Vaishnava Softtech Private Limited | ₹1.62 Lakh (FY 2018) | 4.0% | Secunderabad, Telangana, India | |||
| Qfine Technologies Private Limitedthis company | ₹1.62 Lakh (FY 2024) | ₹42,791 | 26.4% | -98.0% | Perinthalmanna, Kerala, India | |
| Expleo Engineering India Private Limited | ₹1.62 Lakh (FY 2022) | 24.0% | Bangalore, Karnataka, India | |||
| Numerah Global Technologies Private Limited | ₹1.62 Lakh (FY 2024) | 522.0% | Rajkot, Gujarat, India | |||
| Ansu Infotech Private Limited | ₹1.62 Lakh (FY 2020) | -8.0% | New Delhi, Delhi, India | |||
| Tech Phygital Private Limited | ₹1.62 Lakh (FY 2023) | -89.0% | Mumbai, Maharashtra, India | |||
| Hackersfood Private Limited | ₹1.62 Lakh (FY 2025) | -62.0% | Budaun, Uttar Pradesh, India |
To see the full peer comparison of Qfine Technologies Private Limited, buy the company report.
Auditor
Qfine Technologies Private Limited is audited by NASEEF & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NASEEF & ASSOCIATES | FY 2019 | 016554S |
Shareholding
The shareholding of Qfine Technologies Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Qfine Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qfine Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qfine Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qfine Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACQ5587H1ZB | Kerala | Active | 20 Oct 2018 |
To see the full GST registrations and return filing status of Qfine Technologies Private Limited, buy the company report.
Recent activity
Qfine Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohammed Shibili Karuvattil was appointed as Director on 17 Sep 2018.
Frequently asked questions
Qfine Technologies is an active private limited company based in Perinthalmanna, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 September 2018 (8+ years old) and is registered under CIN U72900KL2018PTC054664.
Qfine Technologies has 2 current directors:
- Shaheel Karuvattil - Managing Director
- Mohammed Shibili Karuvattil - Director
The latest financial statements of Qfine Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Qfine Technologies is 32AAACQ5587H1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Qfine Technologies is U72900KL2018PTC054664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qfine Technologies was incorporated on 17 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Qfine Technologies by revenue are Layagie Softwares Private Limited, Nouveau Horizon Systems Private Limited, Aideas Tech Solutions Private Limited, Sri Vaishnava Softtech Private Limited, Expleo Engineering India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mohammed Shibili Karuvattil was appointed as Director on 17 Sep 2018. Shaheel Karuvattil was appointed as Managing Director on 17 Sep 2018.
The registered office of Qfine Technologies is at 3211124 Above Alpha Eng Company Calicut Road, Perinthalmanna, Kerala, India – 679322.
Qfine Technologies operates in the information technology industry, in the IT consulting and support services segment.
Qfine Technologies can be reached at its registered office: 3211124 Above Alpha Eng Company Calicut Road, Perinthalmanna, Kerala, India – 679322.