About Thumbstack Technologies Private Limited
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Thumbstack Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2017PTC294108. Its GSTIN is 27AAGCT2222G1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Riteshkumar Bhagwan Kedar and Shobha Bhagwan Kedar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F – 114/A 1st Floor Dreams The Mall Lbs Marg Bhandup (W), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2023, the company reported a revenue of ₹99.39 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹2.2 Lakh (net margin -2.2%) and EBITDA of -₹2.09 Lakh (EBITDA margin -2.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 67% over five years.
The company is associated with 1 brand: ThumbStack.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website thumbstack.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 114/A 1st Floor Dreams The Mall Lbs Marg Bhandup (W), Mumbai, Maharashtra, India – 400078
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Thumbstack Technologies Private Limited
The main business activity of Thumbstack Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Thumbstack Technologies Private Limited FY 2023 filings available
Thumbstack Technologies Private Limited reported revenue of ₹99.39 Lakh (up 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Thumbstack Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 48% growth in the latest year. EBITDA fell 139% 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 Thumbstack Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹2.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.2 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 Thumbstack Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 Thumbstack Technologies are in the company report.
Financial statements from FY 2018
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 Thumbstack Technologies Private Limited
Thumbstack Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical 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 |
|---|---|---|---|---|---|---|
| Empowering Assurance Systems Private Limited | ₹99.45 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Ubn Software Solutions Private Limited | ₹99.41 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Bhubaneswar, Odisha, India |
| Dotlink Infra Private Limited | ₹99.4 Lakh (FY 2025) | •••• | •••• | 88.0% | •••• | Rishikesh, Uttarakhand, India |
| Pratyaya Services Private Limited | ₹99.4 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Maxxmann Systems Limited | ₹99.39 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Chandigarh, India |
| Thumbstack Technologies Private Limited this company | ₹99.39 Lakh (FY 2023) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| TCW Renewable Energy (India) Private Limited | ₹99.38 Lakh (FY 2022) | •••• | •••• | 244.0% | •••• | Navi Mumbai, Maharashtra, India |
| Olivo Software Company Private Limited | ₹99.37 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Payyannur, Kerala, India |
| Aziwa Infosystems Private Limited | ₹99.34 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| N-Tek Consulting Private Limited | ₹99.34 Lakh (FY 2025) | •••• | •••• | 195.0% | •••• | Indore, Madhya Pradesh, India |
| Madboys Private Limited | ₹99.33 Lakh (FY 2024) | •••• | •••• | 75.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Thumbstack Technologies by revenue in the same principal business activity (Other professional, scientific and technical 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 Thumbstack Technologies Private Limited
Thumbstack Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riteshkumar Bhagwan Kedar Also directs: SKCM Technologies LLP, Vidahu Infotech Solutions Private Limited | Director | 20 Apr 2017 | 9 Years 5 Months | Current |
| Shobha Bhagwan Kedar | Director | 20 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Thumbstack Technologies 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 Thumbstack Technologies Private Limited
Thumbstack Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Thumbstack Technologies Private Limited
Thumbstack Technologies operates one associated brand: ThumbStack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in custom software application development services. | thumbstack.in |
Employees and EPFO Compliance at Thumbstack Technologies Private Limited
Employment history and EPFO contributions of people linked to Thumbstack Technologies.
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 Thumbstack Technologies Private Limited
Thumbstack Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Riteshkumar Bhagwan Kedar was appointed as Director on 20 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Thumbstack Technologies 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 Thumbstack Technologies 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 Thumbstack Technologies 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 Thumbstack Technologies Private Limited
Thumbstack Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT2222G1ZL | Maharashtra | Active | 26 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 Thumbstack Technologies 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 Thumbstack Technologies Private Limited
Thumbstack Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 April 2017 (9+ years old) and is registered under CIN U72501MH2017PTC294108.
Thumbstack Technologies reported revenue of ₹99.39 Lakh for FY 2023 (up 48% YoY).
Thumbstack Technologies has 2 current directors:
- Riteshkumar Bhagwan Kedar - Director
- Shobha Bhagwan Kedar - Director
Thumbstack Technologies reported a net loss of ₹2.2 Lakh (net margin -2.2%) and EBITDA of -₹2.09 Lakh (EBITDA margin -2.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thumbstack Technologies is 18% over three years and 67% over five years. In the latest year (FY 2023) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thumbstack Technologies is 27AAGCT2222G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thumbstack Technologies is U72501MH2017PTC294108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thumbstack Technologies was incorporated on 20 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Thumbstack Technologies by revenue are Empowering Assurance Systems Private Limited, Ubn Software Solutions Private Limited, Dotlink Infra Private Limited, Pratyaya Services Private Limited, Maxxmann Systems Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Riteshkumar Bhagwan Kedar was appointed as Director on 20 Apr 2017. Shobha Bhagwan Kedar was appointed as Director on 20 Apr 2017.
Yes, Thumbstack Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).