About Tallyx Labs Private Limited
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Tallyx Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Tallyx Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC111920. Its GSTIN is 29AAGCT7050G1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veerendrakumar Mallikarjuna and Bangalore Nagappa Narayana.
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 134 11th B Cross Virupakshapura Kodigehalli, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.79 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹26.83 Lakh (net margin 9.6%) and EBITDA of ₹47.65 Lakh (EBITDA margin 17.1%).
The company is associated with 1 brand: Tallyx.
For more details, the company can be reached via its website tallyx.com.
Company details
Contact details
Tallyx Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is tallyx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address134 11th B Cross Virupakshapura Kodigehalli, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Tallyx Labs 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
Brands
Tallyx Labs operates one associated brand: TALLYX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital currency focused on payment | tallyx.com |
Financials of Tallyx Labs Private Limited
FY 2024 filings availableTallyx Labs Private Limited reported revenue of ₹2.79 Cr (down 39% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year. EBITDA fell 31% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.79 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹47.65 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26.83 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 17.1% | ||
| Net Profit Margin | 9.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Tallyx Labs Private Limited, buy the company report.
Board of directors of Tallyx Labs Private Limited
Tallyx Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerendrakumar Mallikarjuna | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
| Bangalore Nagappa Narayana | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Tallyx Labs Private Limited is audited by RAJENDRA RAO & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA RAO & ASSOCIATES | FY 2021 | 003460S |
Shareholding
The shareholding of Tallyx Labs Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Tallyx Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tallyx Labs 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 Tallyx Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tallyx Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT7050G1Z5 | Karnataka | Active | 30 Apr 2018 |
To see the full GST registrations and return filing status of Tallyx Labs Private Limited, buy the company report.
Recent activity
Tallyx Labs Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bangalore Nagappa Narayana was appointed as Director on 04 Apr 2018.
Frequently asked questions
Tallyx Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U72900KA2018PTC111920.
Tallyx Labs has 2 current directors:
- Veerendrakumar Mallikarjuna - Director
- Bangalore Nagappa Narayana - Director
The latest financial statements of Tallyx Labs 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 Tallyx Labs is 29AAGCT7050G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Tallyx Labs is U72900KA2018PTC111920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tallyx Labs was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Bangalore Nagappa Narayana was appointed as Director on 04 Apr 2018. Veerendrakumar Mallikarjuna was appointed as Director on 04 Apr 2018.
Tallyx Labs can be reached through the website tallyx.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Tallyx Labs is at 134 11th B Cross Virupakshapura Kodigehalli, Bangalore, Karnataka, India – 560097.
Tallyx Labs operates in the information technology industry, in the application development and software solutions segment.