Techlect Business Solutions Private Limited
About Techlect Business Solutions Private Limited
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Techlect Business Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 28 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2011PTC026836. Its GSTIN is 23AAECT0172F1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Kumar and Manoj Kumar.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 203 4th Floor Ankalikar Building Sanvid Nagar Kanadia Road Near – Jain Temple, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2021, the company reported a revenue of ₹28.1 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹7,439 (net margin -0.3%) and EBITDA of ₹2.56 Lakh (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹7 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address203 4th Floor Ankalikar Building Sanvid Nagar Kanadia Road Near – Jain Temple, Indore, Madhya Pradesh, India – 452016
- IndustryInformation Technology, Consultancy, Computer Programming
- 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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Business Activity of Techlect Business Solutions Private Limited
The main business activity of Techlect Business Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Techlect Business Solutions Private Limited FY 2021 filings available
Techlect Business Solutions Private Limited reported revenue of ₹28.1 Lakh (down 33% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Techlect Business Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 33% fall in the latest year. EBITDA rose 20% 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 Techlect Business Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹2.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7,439 | •••• | •••• | •••• | •••• |
| 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 Techlect Business Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 Techlect Business Solutions are in the company report.
Financial statements from 2015
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 Techlect Business Solutions Private Limited
Techlect Business Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service 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 |
|---|---|---|---|---|---|---|
| Celosia Technologies Private Limited | ₹28.11 Lakh (FY 2025) | •••• | •••• | 168.0% | •••• | New Delhi, Delhi, India |
| Anorcap Private Limited | ₹28.1 Lakh (FY 2024) | •••• | •••• | 84.0% | •••• | Bengaluru, Karnataka, India |
| Botrecruits Software Private Limited | ₹28.1 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Frog Tele Private Limited | ₹28.1 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Delhi, India |
| Lakshana Technologies Private Limited | ₹28.1 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Techlect Business Solutions Private Limited this company | ₹28.1 Lakh (FY 2021) | •••• | •••• | -33.0% | •••• | Indore, Madhya Pradesh, India |
| Parallel Team Technologies Private Limited | ₹28.09 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Noida, Uttar Pradesh, India |
| Ranisatidadi Distributors Private Limited | ₹28.09 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Coding Academy (OPC) Private Limited | ₹28.08 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Dehradun, Uttarakhand, India |
| Seclogic Technologies Private Limited | ₹28.07 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Bostonlogix (India) Private Limited | ₹28.05 Lakh (FY 2024) | •••• | •••• | -93.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Techlect Business Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Techlect Business Solutions Private Limited
Techlect Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar | Director | 28 Sep 2011 | 15 Years 0 Months | Current |
| Manoj Kumar | Director | 28 Sep 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of Techlect Business Solutions 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 Techlect Business Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2014 | Corporation Bank | ₹7 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Techlect Business Solutions Private Limited
Employment history and EPFO contributions of people linked to Techlect Business Solutions.
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 Techlect Business Solutions Private Limited
Techlect Business Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Manoj Kumar was appointed as Director on 28 Sep 2011.
Credit Ratings, Litigation & Regulatory Alerts for Techlect Business Solutions 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 Techlect Business Solutions 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 Techlect Business Solutions 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 Techlect Business Solutions Private Limited
Techlect Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECT0172F1ZS | Madhya Pradesh | Active | 17 Jul 2019 |
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 Techlect Business Solutions 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 Techlect Business Solutions Private Limited
Techlect Business Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in consultancy, within the information technology industry. It was incorporated on 28 September 2011 (15+ years old) and is registered under CIN U72200MP2011PTC026836.
Techlect Business Solutions reported revenue of ₹28.1 Lakh for FY 2021 (down 33% YoY).
Techlect Business Solutions has 2 current directors:
- Vijay Kumar - Director
- Manoj Kumar - Director
Techlect Business Solutions reported a net loss of ₹7,439 (net margin -0.3%) and EBITDA of ₹2.56 Lakh (EBITDA margin 9.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Techlect Business Solutions is -1% over three years and -16% over five years. In the latest year (FY 2021) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Techlect Business Solutions is 23AAECT0172F1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Techlect Business Solutions is U72200MP2011PTC026836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techlect Business Solutions was incorporated on 28 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Techlect Business Solutions by revenue are Celosia Technologies Private Limited, Anorcap Private Limited, Botrecruits Software Private Limited, Frog Tele Private Limited, Lakshana Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Manoj Kumar was appointed as Director on 28 Sep 2011. Vijay Kumar was appointed as Director on 28 Sep 2011.
The registered office of Techlect Business Solutions is at 203 4th Floor Ankalikar Building Sanvid Nagar Kanadia Road Near – Jain Temple, Indore, Madhya Pradesh, India – 452016.