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Reflion Tech Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹97.22 Lakh
▲ 92% YoY
Net loss · FY 2025
₹21.04 Lakh
Net margin -21.6%
EBITDA · FY 2025
-₹17.96 Lakh
EBITDA margin -18.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
7
Provident fund records
Directors on board
3
As per MCA filings
About Reflion Tech Private Limited
Data last updated:
Reflion Tech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC164656. Its GSTIN is 27AAICR9652C1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravi Rajnikant Vyas (Whole-Time Director) and Vikram Kirit Parekh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1302 Karmyog Heights S. V. Desai Marg, Navrangpura Ahmedabad Gujarat, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.22 Lakh, a growth of 92% compared to the previous year. For the same year it recorded a net loss of ₹21.04 Lakh (net margin -21.6%) and EBITDA of -₹17.96 Lakh (EBITDA margin -18.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 144% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Multplyr.
Reflion Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0069812). For more details, the company can be reached via its website multplyr.com.
Company Details of Reflion Tech Private Limited
CIN U74999GJ2018PTC164656
Registration Number 164656
Incorporation Date 23 May 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0069812
CIN History of Reflion Tech Private Limited
Reflion Tech has one previous CIN (Corporate Identification Number): U74999MH2018PTC309798. The current CIN is U74999GJ2018PTC164656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2018PTC164656 | Current |
| U74999MH2018PTC309798 | Previous |
Key People
Ravi Rajnikant Vyas Whole-Time Director Vikram Kirit Parekh Whole-Time Director Kaushali Vikram Parekh Director Recognitions & Rankings of Reflion Tech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0069812
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressB – 1302 Karmyog Heights S. V. Desai Marg, Navrangpura Ahmedabad Gujarat, Gujarat, India – 380009
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
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Associated Brands with Reflion Tech Private Limited
Reflion Tech operates one associated brand: Multplyr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialized agency for hiring data professionals in tech sectors globally. | multplyr.com |
Business Activity of Reflion Tech Private Limited
The main business activity of Reflion Tech is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
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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 Reflion Tech Private Limited FY 2025 filings available
Reflion Tech Private Limited reported revenue of ₹97.22 Lakh (up 92% YoY) for FY 2025.
Revenue · FY 2025
₹97.22 Lakh ▲ 92%
Net loss · FY 2025
₹21.04 Lakh margin -21.6%
EBITDA · FY 2025
-₹17.96 Lakh margin -18.5%
Compounded Annual Growth Rate (CAGR) of Reflion Tech Private Limited
Revenue CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 53%
5 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▼ 62%
5 years · compounded
▼ 20%
Revenue has grown at a compounded annual rate (CAGR) of 144% over five years, including 92% growth in the latest year. EBITDA rose 55% 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 Reflion Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹17.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.04 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 Reflion Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -21.6% | •••• | •••• | •••• | •••• |
| 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 Reflion Tech are in the company report.
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Financial statements from FY 2019
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.
Board of Directors of Reflion Tech Private Limited
Reflion Tech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Rajnikant Vyas Also directs: Lru Management Services Private Limited | Whole-Time Director | 22 Oct 2019 | 6 Years 11 Months | Current |
| Vikram Kirit Parekh | Whole-Time Director | 23 May 2018 | 8 Years 4 Months | Current |
| Kaushali Vikram Parekh | Director | 23 May 2018 | 8 Years 4 Months | Current |
Peer Comparison of Reflion Tech Private Limited
Reflion Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Placement agencies and HR management services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supreme FMS India Private Limited | ₹97.67 Lakh (FY 2022) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Xwarriors Security and Allied Services Private Limited | ₹97.64 Lakh (FY 2025) | •••• | •••• | 600.0% | •••• | Delhi, India |
| Parfait Staff IT Sol Private Limited | ₹97.62 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Mohali, Punjab, India |
| JM Human Resources Private Limited | ₹97.53 Lakh (FY 2019) | •••• | •••• | 473.0% | •••• | Madurai, Tamil Nadu, India |
| Glocons Consulting Private Limited | ₹97.23 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Reflion Tech Private Limited this company | ₹97.22 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Ahmedabad, Gujarat, India |
| Energeate Business Solutions Private Limited | ₹97.09 Lakh (FY 2025) | •••• | •••• | •••• | Kancheepuram, Tamil Nadu, India | |
| New Hindustan Man Power Private Limited | ₹96.84 Lakh (FY 2021) | •••• | •••• | -18.0% | •••• | Aurangabad, Maharashtra, India |
| LSR Global Solution Private Limited | ₹96.79 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Hisar, Haryana, India |
| Marsco Solutions Private Limited | ₹96.7 Lakh (FY 2024) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Bytish IT Services Private Limited | ₹96.59 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Reflion Tech by revenue in the same principal business activity (Placement agencies and HR management services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Reflion Tech Private Limited
Reflion Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Reflion Tech Private Limited
Reflion Tech Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
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- Period-by-period history
Verified entity values are shown only after access is granted.
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 at Reflion Tech Private Limited
Employment history and EPFO contributions of people linked to Reflion Tech.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Reflion Tech Private Limited
Reflion Tech Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Ravi Rajnikant Vyas was appointed as Whole-Time Director on 22 Oct 2019.
AGM
Reflion Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Reflion Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ravi Rajnikant Vyas was appointed as Whole-Time Director.
Ceased
Ravi Rajnikant Vyas ceased to be Whole-Time Director.
Ceased
Vikram Kirit Parekh ceased to be Director.
Appointed
Kaushali Vikram Parekh was appointed as Director.
Appointed
Vikram Kirit Parekh was appointed as Whole-Time Director.
Incorporation
23 May 2018
Reflion Tech Private Limited was registered on 23 May 2018 with Roc Ahmedabad & aged 8 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Reflion Tech Private Limited
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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.
Subsidiaries & Group Companies of Reflion Tech Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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Verified entity values are shown only after access is granted.
GST Compliance of Reflion Tech Private Limited
Reflion Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR9652C1Z5 | Maharashtra | Active | 12 Jun 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Reflion Tech Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Reflion Tech Private Limited
Reflion Tech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 May 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC164656.
Reflion Tech reported revenue of ₹97.22 Lakh for FY 2025 (up 92% YoY).
Reflion Tech has 3 current directors:
- Ravi Rajnikant Vyas - Whole-Time Director
- Vikram Kirit Parekh - Whole-Time Director
- Kaushali Vikram Parekh - Director
Reflion Tech reported a net loss of ₹21.04 Lakh (net margin -21.6%) and EBITDA of -₹17.96 Lakh (EBITDA margin -18.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reflion Tech is 53% over three years and 144% over five years. In the latest year (FY 2025) revenue rose 92%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Reflion Tech is 27AAICR9652C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reflion Tech is U74999GJ2018PTC164656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reflion Tech was incorporated on 23 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Reflion Tech by revenue are Supreme FMS India Private Limited, Xwarriors Security and Allied Services Private Limited, Parfait Staff IT Sol Private Limited, JM Human Resources Private Limited, Glocons Consulting Private Limited and 5 more, all in the same principal business activity (Placement agencies and HR management services).
Ravi Rajnikant Vyas was appointed as Whole-Time Director on 22 Oct 2019. Ravi Rajnikant Vyas ceased to be Whole-Time Director on 21 Oct 2019. Vikram Kirit Parekh ceased to be Director on 23 May 2019. Reflion Tech has 5 board changes on record in total.
Yes, Reflion Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Reflion Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0069812).