About Squadron Technology Private Limited
Data last updated:
Squadron Technology Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 14 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC116512. Its GSTIN is 24ABECS4475P1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Khushali Maheshkumar Patel and Naranbhai Hargovandas Patel.
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 Nf 909 910 911 Pehel Lakeview, Khoraj Gandhinagar, Gujarat, India – 382421.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.05 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹6.09 Lakh (net margin 3%) and EBITDA of ₹22.89 Lakh (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company is associated with 1 brand: Squadron Technology.
For more details, the company can be reached via its website squadrontechnology.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNf 909 910 911 Pehel Lakeview, Khoraj Gandhinagar, Gujarat, India – 382421
- IndustryInformation Technology, Cloud Computing & Cloud Services
- 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 Squadron Technology Private Limited
The main business activity of Squadron Technology 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
Verified entity values are shown only after access is granted.
Financials of Squadron Technology Private Limited FY 2025 filings available
Squadron Technology Private Limited reported revenue of ₹2.05 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Squadron Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 21% growth in the latest year. EBITDA fell 5% 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 Squadron Technology 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 | ₹22.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.09 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 Squadron Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| 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 Squadron Technology are in the company report.
Financial statements from FY 2021
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 Squadron Technology Private Limited
Squadron Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Cloud Computing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abilytics Consulting Private Limited | •••• | •••• | •••• | •••• | 19 | Ernakulam, Kerala, India |
| Vitelglobal Communications Private Limited | •••• | •••• | •••• | •••• | 12 | Hyderabad, Telangana, India |
| Cloudgeneric Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Kiosk Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Gridage Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
| Squadron Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Nextorbit Platforms and Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Sangyan Software Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Dcirrus Cloud Computing Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Webveer Automation and Service Private Limited | •••• | •••• | •••• | •••• | - | Washim, Maharashtra, India |
| Relay2 India Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Squadron Technology by revenue in the Information Technology industry (Cloud Computing), 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 Squadron Technology Private Limited
Squadron Technology Private Limited is audited by Harshit D. Shah for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Harshit D. Shah | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Squadron Technology Private Limited
Squadron Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushali Maheshkumar Patel Also directs: Neuropx Private Limited | Director | 14 Sep 2020 | 6 Years 0 Months | Current |
| Naranbhai Hargovandas Patel | Director | 14 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Squadron Technology 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 Squadron Technology Private Limited
Squadron Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Squadron Technology Private Limited
Squadron Technology operates one associated brand: Squadron Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides cloud enablement, data analytics, and digital product development services. | squadrontechnology.com |
Employees and EPFO Compliance at Squadron Technology Private Limited
Squadron Technology Private Limited has a workforce of 0 employees as of Mar 28, 2024.
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 Squadron Technology Private Limited
Squadron Technology Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Khushali Maheshkumar Patel was appointed as Director on 14 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Squadron Technology 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 Squadron Technology 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 Squadron Technology 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 Squadron Technology Private Limited
Squadron Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABECS4475P1ZQ | Gujarat | Active | 29 Dec 2020 |
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 Squadron Technology 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 Squadron Technology Private Limited
Squadron Technology is an active private limited company based in Gandhinagar, Gujarat, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 14 September 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC116512.
Squadron Technology reported revenue of ₹2.05 Cr for FY 2025 (up 21% YoY).
Squadron Technology has 2 current directors:
- Khushali Maheshkumar Patel - Director
- Naranbhai Hargovandas Patel - Director
Squadron Technology reported a net profit of ₹6.09 Lakh (net margin 3%) and EBITDA of ₹22.89 Lakh (EBITDA margin 11.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Squadron Technology is 46% over three years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Squadron Technology is 24ABECS4475P1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Squadron Technology is U72900GJ2020PTC116512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Squadron Technology was incorporated on 14 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Squadron Technology by revenue are Abilytics Consulting Private Limited, Vitelglobal Communications Private Limited, Cloudgeneric Private Limited, Kiosk Technologies Private Limited, Gridage Technologies Private Limited and 5 more, all in the Information Technology industry (Cloud Computing).
Khushali Maheshkumar Patel was appointed as Director on 14 Sep 2020. Naranbhai Hargovandas Patel was appointed as Director on 14 Sep 2020.
Yes, Squadron Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).