Techno Economic Services Pvt Ltd

Techno Economic Services Pvt Ltd - business outsourcing in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74999MH1979PTC021036 Incorporated 21 February 1979 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company business outsourcing
Data last updated
Revenue · FY 2020
₹79.65 Cr
▼ 7% YoY
Net profit · FY 2020
₹8.39 Cr
Net margin 10.5%
EBITDA · FY 2020
₹15.5 Cr
EBITDA margin 19.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Satisfied charges
₹37.85 Lakh
No open charges
Company age
47 yrs
Est. 1979
Employees · EPFO
4
Provident fund records

About Techno Economic Services Pvt Ltd

Data last updated:

Techno Economic Services Pvt Ltd was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 February 1979.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1979PTC021036. Its GSTIN is 27AAACT1958R1ZN (Maharashtra).

The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8 Lakh.

Its last annual general meeting (AGM) was held on 22 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Flat – 8 Savani Apartments M G Road Rajawadi Naka Ghatkopar (East), Mumbai, Maharashtra, India – 400077.

As per the financials filed for FY 2020, the company reported a revenue of ₹79.65 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹8.39 Cr (net margin 10.5%) and EBITDA of ₹15.5 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.

The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has satisfied charges of ₹37.85 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Company Details of Techno Economic Services Pvt Ltd
CIN U74999MH1979PTC021036
Registration Number 021036
Incorporation Date 21 February 1979
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 22 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Flat – 8 Savani Apartments M G Road Rajawadi Naka Ghatkopar (East), Mumbai, Maharashtra, India – 400077
  • Industry
    Business Outsourcing, Business & IT Consulting
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Financials, compliance, directors, charges, ownership and filings for Techno Economic Services Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Techno Economic Services Pvt Ltd

The main business activity of Techno Economic Services is professional, scientific and technical. In detail, this covers management consultancy activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM3Management consultancy activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
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Financials of Techno Economic Services Pvt Ltd FY 2020 filings available

Techno Economic Services Pvt Ltd reported revenue of ₹79.65 Cr (down 7% YoY) for FY 2020.

Revenue · FY 2020
₹79.65 Cr ▼ 7%
Net profit · FY 2020
₹8.39 Cr margin 10.5%
EBITDA · FY 2020
₹15.5 Cr margin 19.5%

Compounded Annual Growth Rate (CAGR) of Techno Economic Services Pvt Ltd

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 27%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 177%
3 years · compounded
▲ 62%
5 years · compounded
▲ 28%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 177% 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 Techno Economic Services Pvt Ltd

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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₹15.5 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹8.39 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 of Techno Economic Services Pvt Ltd

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin19.5%••••••••••••••••
Net Profit Margin10.5%••••••••••••••••
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 Techno Economic Services are in the company report.

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Financial statements from 2015

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Peer Comparison of Techno Economic Services Pvt Ltd

Techno Economic Services Pvt Ltd is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
3S Touch Service Solutions Private Limited₹80.51 Cr (FY 2024)••••••••-14.0%••••Bangalore, Karnataka, India
Business Match Services (India) Private Limited₹80.26 Cr (FY 2024)••••••••77.0%••••Mumbai, Maharashtra, India
Nitcon Limited₹80.18 Cr (FY 2025)••••••••47.0%••••Chandigarh, India
Open Dhi Private Limited₹79.95 Cr (FY 2024)••••••••-6.0%••••Mumbai, Maharashtra, India
Slsuresh Silverware Private Limited₹79.86 Cr (FY 2025)••••••••15.0%••••Chennai, Tamil Nadu, India
Techno Economic Services Pvt Ltd this company₹79.65 Cr (FY 2020)••••••••-7.0%••••Mumbai, Maharashtra, India
Protons Corporate Services Private Limited₹79.61 Cr (FY 2025)••••••••263.0%••••Pardi, Gujarat, India
Infollion Research Services Limited₹79.54 Cr (FY 2025)••••••••49.0%••••Gurgaon, Haryana, India
Almondz Global Securities Limited Listed₹79.53 Cr (FY 2023)••••••••10.0%••••Mumbai, Maharashtra, India
Upventures Private Limited₹79.46 Cr (FY 2025)••••••••30.0%••••Indore, Madhya Pradesh, India
RSB Arch Project Consultants Private Limited₹79.29 Cr (FY 2025)••••••••243.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Techno Economic Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Techno Economic Services Pvt Ltd

Techno Economic Services Pvt Ltd is audited by P. C. GHADIALI AND CO. LLP for the financial year 2020.

NameStatusAppointment DateCessation Date
P. C. GHADIALI AND CO. LLPLockedLockedLocked
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Board of Directors of Techno Economic Services Pvt Ltd

Techno Economic Services has 4 former directors on record and no current directors listed.

Ownership and Shareholding of Techno Economic Services Pvt Ltd

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Charges & Borrowings of Techno Economic Services Pvt Ltd

Open charges
None
Satisfied charges
₹37.85 Lakh
Breakdown by lending institutions
The Maharashtra State Financial Corpporation₹0.32 Cr
Canara Bank₹0.06 Cr
Latest charge details
DateLenderAmountStatus
28 Jul 1988The Maharashtra State Financial Corpporation₹25 LakhSatisfied
16 May 1983Canara Bank₹3 LakhSatisfied
26 Feb 1982Canara Bank₹3 LakhSatisfied
05 Nov 1981The Maharashtra State Financial Corpporation₹6.85 LakhSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Techno Economic Services Pvt Ltd

Employment history and EPFO contributions of people linked to Techno Economic Services.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Techno Economic Services Pvt Ltd

Techno Economic Services has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Prashi Pharma Private LimitedU24234MH1998PTC117590Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Techno Economic Services Pvt Ltd

Techno Economic Services Pvt Ltd has 4 board changes on record since 2018: 0 appointments and 4 cessations. The latest: Heena Desai Sunil ceased to be Director on 29 Jan 2021.

Ceased
Heena Desai Sunil ceased to be Director.
Ceased
Manthan Sunil Desai ceased to be Director.
Ceased
Sunil Desai ceased to be Director.
AGM
Techno Economic Services Pvt Ltd last Annual general meeting of members was held on 22 Dec 2020 as per latest MCA records.
Filing
Techno Economic Services Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Ceased
Khushalchand Shamalji Desai ceased to be Director.
Charges
A charge registered on 28 Jul 1988 via Charge ID 90236816 with The Maharashtra State Financial Corpporation was fully satisfied on 22 Jul 1993.
Charges
A charge registered on 05 Nov 1981 via Charge ID 90236631 with The Maharashtra State Financial Corpporation was fully satisfied on 01 Nov 1989.
Charges
A charge with The Maharashtra State Financial Corpporation amounted to Rs. 25.00 Lakh with Charge ID 90236816 was registered on 28 Jul 1988.
Charges
A charge registered on 16 May 1983 via Charge ID 90236668 with Canara Bank was fully satisfied on 02 Dec 1987.
Charges
A charge registered on 26 Feb 1982 via Charge ID 90236633 with Canara Bank was fully satisfied on 22 Jan 1986.
Charges
A charge with Canara Bank amounted to Rs. 3.00 Lakh with Charge ID 90236668 was registered on 16 May 1983.

3 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Techno Economic Services Pvt Ltd

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MSME Payment Delays by Techno Economic Services Pvt Ltd

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Subsidiaries & Group Companies of Techno Economic Services Pvt Ltd

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GST Compliance of Techno Economic Services Pvt Ltd

Techno Economic Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACT1958R1ZNMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Techno Economic Services Pvt Ltd

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Frequently Asked Questions about Techno Economic Services Pvt Ltd

Techno Economic Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Techno Economic Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 February 1979 and is registered under CIN U74999MH1979PTC021036. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Techno Economic Services is U74999MH1979PTC021036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Techno Economic Services was incorporated on 21 February 1979. It is registered with the Registrar of Companies, Mumbai.

The registered office of Techno Economic Services is at Flat – 8 Savani Apartments M G Road Rajawadi Naka Ghatkopar East, Mumbai, Maharashtra, India – 400077.

Techno Economic Services reported revenue of ₹79.65 Cr for FY 2020 (down 7% YoY).

Techno Economic Services has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8 Lakh.

Techno Economic Services reported a net profit of ₹8.39 Cr (net margin 10.5%) and EBITDA of ₹15.5 Cr (EBITDA margin 19.5%) for FY 2020, as per its filed financial statements.

The GSTIN of Techno Economic Services is 27AAACT1958R1ZN, registered in Maharashtra.

Techno Economic Services operated in the business outsourcing industry, in the business and IT consulting segment.

The compounded annual growth rate (CAGR) of the revenue of Techno Economic Services is 27% over three years and 17% over five years. In the latest year (FY 2020) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.

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