MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-02-0040821
Ray Business Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.05 Cr
▲ 21% YoY
Net profit · FY 2024
₹4.96 Cr
Net margin 8.7%
EBITDA · FY 2024
₹7.27 Cr
EBITDA margin 12.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹45 Lakh
Satisfied ₹1.37 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
136
Provident fund records
About Ray Business Technologies Private Limited
Data last updated:
Ray Business Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2009PTC065423. Its GSTIN is 36AAECR4963J1ZZ (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Ray Business Technologies Limited. It is led by directors including Rachana Ray and Ajaykumar Ray Harihar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.204 Block B Kavuri Hills Next To Ignou Madhapur, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.05 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.96 Cr (net margin 8.7%) and EBITDA of ₹7.27 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 26% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ray Business Technologies. As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹1.37 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.3 Lakh; the latest was in March 2019. Its 5 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Axcend Automation and Software Solutions Private Limited with revenue of ₹57.42 Cr.
Ray Business Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0040821). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raybiztech.com.
Company details
CIN U72200TG2009PTC065423
Registration Number 065423
Incorporation Date 12 October 2009
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0040821
Name history
Ray Business Technologies has undergone 2 name changes throughout its history. The company was previously known as Ray Business Technologies Limited, and Ray Business Technologies Private Limited. The current legal name is Ray Business Technologies Private Limited.
| Company Name | Status |
|---|---|
| Ray Business Technologies Private Limited | Current |
| Ray Business Technologies Limited | Previous |
CIN history
Ray Business Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG2009PTC065423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2009PTC065423 | Current |
| U72200AP2009PTC065423 | Previous |
| U72200TG2009PLC065423 | Previous |
Recognitions & Rankings of Ray Business Technologies
Contact details
Ray Business Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is raybiztech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.204 Block B Kavuri Hills Next To Ignou Madhapur, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ray Business Technologies Private Limited, buy the company report.
Comprehensive company report
Ray Business Technologies 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
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Secure checkout · GST invoice included
Brands
Ray Business Technologies operates one associated brand: Ray Business Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end IT services are delivered to businesses across multiple sectors. | raybiztech.com |
Business activity
The main business activity of Ray Business 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 Ray Business Technologies Private Limited, buy the company report.
Financials of Ray Business Technologies Private Limited
FY 2024 filings availableRay Business Technologies Private Limited reported revenue of ₹57.05 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹57.05 Cr ▲ 21%
Net profit · FY 2024
₹4.96 Cr margin 8.7%
EBITDA · FY 2024
₹7.27 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 34%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 36%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 21% growth in the latest year. EBITDA rose 18% 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 | ₹7.27 Cr | ||||
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| Net Profit (PAT) | ₹4.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of Ray Business Technologies Private Limited, buy the company report.
Board of directors of Ray Business Technologies Private Limited
Ray Business Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Ray Also directs: Adequatech Digital Private Limited | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Ajaykumar Ray Harihar | Director | 12 Oct 2009 | 17 Years 0 Months | Current |
| Ajay Kumar Gupta Also directs: Innovaiteml Solutions Private Limited, Aibridge ML Private Limited | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Ray Business Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with 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 |
|---|---|---|---|---|---|---|
| Axcend Automation and Software Solutions Private Limited | ₹57.42 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Itsource Technologies Limited | ₹57.23 Cr (FY 2022) | -10.0% | Mumbai, Maharashtra, India | |||
| Covalense Technologies Private Limited | ₹57.1 Cr (FY 2025) | -14.0% | Hyderabad, Telangana, India | |||
| Ray Business Technologies Private Limitedthis company | ₹57.05 Cr (FY 2024) | ₹4.96 Cr | 8.7% | 21.0% | 136 | Hyderabad, Telangana, India |
| RJT Compusolutions Private Limited | ₹57 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Capstech Network Private Limited | ₹56.27 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ray Business Technologies Private Limited, buy the company report.
Auditor
Ray Business Technologies Private Limited is audited by S K H & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K H & Associates | FY 2023 | 021801S |
Shareholding
The shareholding of Ray Business Technologies 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 Ray Business Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Lakh
Satisfied charges
₹1.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2024 | 100878135 | State Bank of India | ₹45 Lakh | Open | |
| 07 May 2021 | 100447003 | State Bank of India | ₹16.5 Lakh | Satisfied | |
| 16 Aug 2017 | 100149194 | Others | ₹1.2 Cr | Satisfied |
To see the full charge records of Ray Business Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ray Business Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.3 Lakh; the latest was in March 2019.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹36.3 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2014 | Funding round | ₹3.3 Lakh | Investors: 3 individuals |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Matrix Online Solutions Pvt Ltd |
| Dec 2009 | Funding round | ₹33 Lakh | Investors: Matrix Online Solutions Pvt Ltd , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ray Business Technologies Private Limited has 2 court cases on record: 1 filed by Ray Business Technologies, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Court case (CRLP) | Filed against the company | Disposed |
To see the full case history of Ray Business Technologies 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 Ray Business Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ray Business Technologies Private Limited has a workforce of 136 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
136
Active EPFO establishments
1
Employee growth
-8.11%
GST
Ray Business Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECR4963J1ZZ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ray Business Technologies Private Limited, buy the company report.
Recent activity
Ray Business Technologies Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Rachana Ray was appointed as Director on 08 Jul 2024.
AGM
Ray Business Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Rachana Ray was appointed as Director.
Filing
Ray Business Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with State Bank Of India amounted to Rs. 0.45 Cr with Charge ID 100878135 was registered on 02 Mar 2024.
Charges
A charge registered on 07 May 2021 via Charge ID 100447003 with State Bank Of India was fully satisfied on 01 Mar 2024.
Ceased
Rachana Ray ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.17 Cr with Charge ID 100447003 was registered on 07 May 2021.
Ceased
Srinivasa Chaitanya Mudunuri ceased to be Director.
Ceased
Anil Kumar Boosa ceased to be Director.
Charges
A charge registered on 16 Aug 2017 via Charge ID 100149194 with Others was fully satisfied on 15 Oct 2018.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100149194 was registered on 16 Aug 2017.
Ceased
Ajay Kumar Gupta ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Ray Business Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 October 2009 (17+ years old) and is registered under CIN U72200TG2009PTC065423.
Ray Business Technologies has 3 current directors:
- Rachana Ray - Director
- Ajaykumar Ray Harihar - Director
- Ajay Kumar Gupta - Director
The latest financial statements of Ray Business Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ray Business Technologies is 36AAECR4963J1ZZ, registered in Telangana. 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 Ray Business Technologies is U72200TG2009PTC065423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Business Technologies has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Ray Business Technologies was incorporated on 12 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ray Business Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.3 Lakh; the latest was in March 2019.
The peers of Ray Business Technologies by revenue are Axcend Automation and Software Solutions Private Limited, Itsource Technologies Limited, Covalense Technologies Private Limited, RJT Compusolutions Private Limited, Capstech Network Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Rachana Ray was appointed as Director on 08 Jul 2024. Rachana Ray ceased to be Director on 30 Jul 2021. Srinivasa Chaitanya Mudunuri ceased to be Director on 27 Mar 2019. Ray Business Technologies has 7 board changes on record in total.
Yes, Ray Business Technologies is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0040821).