About Redblack Technologies Private Limited
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Redblack Technologies Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Redblack Software Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2005PTC018924. Its GSTIN is 32AADCP7562L1Z5 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.1 Lakh. It was formerly known as Procedian Technologies Private Limited and Redblack Software Private Limited. It is led by directors including Roel Vlemmings (Managing Director) and Varghese Mathew Thanelimalil.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1002 10th Floor Lulu Cyber Tower 2 Infopark, Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.95 Cr (net margin 11.1%) and EBITDA of ₹21.91 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 58% over five years.
The company has about 119 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RedBlack Software. As per MCA filings, the company has satisfied charges of ₹45 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website redblacksoftware.com.
Name History
Redblack Technologies has undergone 3 name changes throughout its history. The company was previously known as Procedian Technologies Private Limited, Redblack Software Private Limited, and Redblack Technologies Private Limited. The current legal name is Redblack Technologies Private Limited.
| Company Name | Status |
|---|---|
| Redblack Technologies Private Limited | Current |
| Procedian Technologies Private Limited | Previous |
| Redblack Software Private Limited | Previous |
CIN History
Redblack Technologies has one previous CIN (Corporate Identification Number): U72200KL2005PLC018924. The current CIN is U72200KL2005PTC018924, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KL2005PTC018924 | Current |
| U72200KL2005PLC018924 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 1002 10th Floor Lulu Cyber Tower 2 Infopark Special Economic Zone Kakkanad, Kochi, Ernakulam, Kerala, India – 682042
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands
Redblack Technologies operates one associated brand: RedBlack Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rebalancing and trading software for investment advisors is provided. | redblacksoftware.com |
Business Activity
The main business activity of Redblack Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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
Financials of Redblack Technologies Private Limited
FY 2025 filings availableRedblack Technologies Private Limited reported revenue of ₹116.29 Cr (up 156% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 156% growth in the latest year. EBITDA rose 112% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹21.91 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹12.95 Cr | |
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 18.8% | |
| Net Profit Margin | 11.1% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Redblack Technologies are in the company report.
: available in the company report
Board of Directors of Redblack Technologies Private Limited
Redblack Technologies has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roel Vlemmings | Managing Director | 13 Dec 2005 | 20 Years 10 Months | Current |
| Varghese Mathew Thanelimalil Also directs: North Star IT Services LLP | Additional Director | 23 Sep 2025 | 1 Years 0 Months | Current |
| Bryan Patrick Perryman | Additional Director | 21 Nov 2025 | 0 Years 11 Months | Current |
Peer Comparison
Redblack Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanini Software Solutions India Private Limited | ₹119.42 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
| Clinisys (India) Private Limited | ₹116.46 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Kolkata, West Bengal, India |
| Redblack Technologies Private Limited this company | ₹116.29 Cr (FY 2025) | •••• | •••• | 156.0% | •••• | Ernakulam, Kerala, India |
| Ixia Technologies Private Limited | ₹114.27 Cr (FY 2018) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Purpletalk India Private Limited | ₹113.89 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Hyderabad, Telangana, India |
| Proarch IT Solutions Private Limited | ₹113.57 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
Peers are the companies nearest to Redblack Technologies by revenue, above and below it, in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Redblack Technologies Private Limited is audited by G JOSEPH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G JOSEPH & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2016 | Hdfc Bank Limited | ₹45 Lakh | Satisfied |
Total charge records: 1 View all charges
MSME Payment Delays
Redblack Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 17 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Redblack Technologies Private Limited | •••• | •••• | •••• |
| Truworth Health Technologies Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Redblack Technologies Private Limited has a workforce of 119 employees as of Apr 04, 2024.
: available in the company report
Recent Activity
Redblack Technologies Private Limited has 12 board changes on record since 2005: 5 appointments and 7 cessations. The latest: Bryan Patrick Perryman was appointed as Additional Director on 21 Nov 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Redblack Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCP7562L1Z5 | Kerala | Active | 12 Sep 2017 |
| 32AADCP7562L2Z4 | Kerala | Active | 10 Feb 2022 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Redblack Technologies is an active private limited company based in Ernakulam, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 December 2005 (21+ years old) and is registered under CIN U72200KL2005PTC018924.
Redblack Technologies has 3 current directors:
- Roel Vlemmings - Managing Director
- Varghese Mathew Thanelimalil - Additional Director
- Bryan Patrick Perryman - Additional Director
The latest financial statements of Redblack Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Redblack Technologies is 32AADCP7562L1Z5, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AADCP7562L2Z4 (Kerala).
The CIN (Corporate Identification Number) of Redblack Technologies is U72200KL2005PTC018924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redblack Technologies was incorporated on 13 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Redblack Technologies by revenue are Kanini Software Solutions India Private Limited, Clinisys (India) Private Limited, Ixia Technologies Private Limited, Purpletalk India Private Limited, Proarch IT Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Bryan Patrick Perryman was appointed as Additional Director on 21 Nov 2025. Varghese Mathew Thanelimalil was appointed as Additional Director on 23 Sep 2025. Donie Vinood Lochan ceased to be Director on 02 Dec 2024. Redblack Technologies has 12 board changes on record in total.
Redblack Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 17 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Redblack Technologies can be reached through the website redblacksoftware.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Redblack Technologies is at No. 1002 10th Floor Lulu Cyber Tower 2 Infopark Special Economic Zone Kakkanad, Kochi, Ernakulam, Kerala, India – 682042.
Redblack Technologies operates in the information technology industry, in the application development and software solutions segment.