
About Theory Y Technologies (India) Private Limited
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Theory Y Technologies (India) Private Limited is a foreign private limited company based in Ernakulam, Kerala, India, a subsidiary of Theory Y Technology Incorporated. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2015FTC038786. Its GSTIN is 32AAFCT3993B1ZH (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jerry Williams and Ajay Kumar Mathangi.
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 38/685 – M Adonai Towers 4th Floor S A Road Panampilly Nagar, Ernakulam, Kerala, India – 682016.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.57 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹19.07 Lakh (net margin -12.2%) and EBITDA of -₹17.61 Lakh (EBITDA margin -11.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Theory Y Technologies and Apps and Analytics.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theory-y.com.
Company details
Contact details
Theory Y Technologies (India) Private Limited's registered office is in Ernakulam, Kerala. Its website is theory-y.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address38/685 – M Adonai Towers 4th Floor S A Road Panampilly Nagar, Ernakulam, Kerala, India – 682016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Theory Y Technologies (India) 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
Theory Y Technologies (India) operates two associated brands: Theory Y Technologies and Apps and Analytics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers custom application development services for tailored software solutions. | theory-y.com | |
| Provides comprehensive BI and data analytics services tailored for small and medium enterprises. | appsandanalytics.in |
Financials of Theory Y Technologies (India) Private Limited
FY 2025 filings availableTheory Y Technologies (India) Private Limited reported revenue of ₹1.57 Cr (down 11% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 11% fall 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.57 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹17.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.2% | ||||
| Net Profit Margin | -12.2% | ||||
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To see the full financial statements and ratios of Theory Y Technologies (India) Private Limited, buy the company report.
Board of directors of Theory Y Technologies (India) Private Limited
Theory Y Technologies (India) has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jerry Williams | Director | 02 Jul 2015 | 11 Years 3 Months | Current |
| Ajay Kumar Mathangi Also directs: Axios Eduverse LLP | Director | 01 Aug 2015 | 11 Years 2 Months | Current |
| Ajil Jose Abraham Also directs: Talk Digital Private Limited | Director | 01 Jan 2017 | 9 Years 9 Months | Current |
| Mohan Thomas | Director | 02 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Theory Y Technologies (India) Private Limited is audited by TOM AND JIM for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TOM AND JIM | FY 2018 | 008243S |
Shareholding
The shareholding of Theory Y Technologies (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Theory Y Technologies (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Theory Y Technologies (India) 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 Theory Y Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Theory Y Technologies (India) Private Limited has a workforce of 16 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Theory Y Technologies (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCT3993B1ZH | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Theory Y Technologies (India) Private Limited, buy the company report.
Recent activity
Theory Y Technologies (India) Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Febin Babu Mootheril ceased to be Director on 08 Jun 2019.
Frequently asked questions
Theory Y Technologies (India) is an active foreign private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 July 2015 (11+ years old) and is registered under CIN U74140KL2015FTC038786.
Theory Y Technologies (India) has 4 current directors:
- Jerry Williams - Director
- Ajay Kumar Mathangi - Director
- Ajil Jose Abraham - Director
- Mohan Thomas - Director
The latest financial statements of Theory Y Technologies (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Theory Y Technologies (India) is 32AAFCT3993B1ZH, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Theory Y Technologies (India) is U74140KL2015FTC038786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theory Y Technologies (India) was incorporated on 02 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
Febin Babu Mootheril ceased to be Director on 08 Jun 2019. Ajay Kumar Mathangi ceased to be Additional Director on 30 Sep 2017. Ajil Jose Abraham was appointed as Director on 01 Jan 2017. Theory Y Technologies (India) has 7 board changes on record in total.
Theory Y Technologies (India) can be reached through the website theory-y.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Theory Y Technologies (India) is at 38685 – M Adonai Towers 4th Floor S A Road Panampilly Nagar, Ernakulam, Kerala, India – 682016.
Theory Y Technologies (India) operates in the information technology industry, in the IT consulting and support services segment.

