About Tics Technologies (India) Private Limited
Data last updated:
Tics Technologies (India) Private Limited is a private limited company based in Gandhinagar, Gujarat, India, a subsidiary of Tics International Ltd.. It operates in the business process outsourcing sector. It was incorporated on 20 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2004PTC044925. Its GSTIN is 24AACCT1160H1ZQ (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Damji M Deolia and Rahul Damji Deolia.
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 Plot No. B – 76 GIDC Electronic Estate Opp. Water Tank Sector – 25, Gandhinagar, Gujarat, India – 382024.
As per the financials filed for FY 2025, the company reported a revenue of ₹89,660, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹3.46 Lakh (net margin -386.1%) and EBITDA of -₹2.49 Lakh (EBITDA margin -277.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tics.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. B – 76 GIDC Electronic Estate Opp. Water Tank Sector – 25, Gandhinagar, Gujarat, India – 382024
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
Financials of Tics Technologies (India) Private Limited FY 2025 filings available
Tics Technologies (India) Private Limited reported revenue of ₹89,660 (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tics Technologies (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 71% fall in the latest year. EBITDA fell 10% 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 Tics Technologies (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.46 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 Tics Technologies (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -277.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -386.1% | •••• | •••• | •••• | •••• |
| 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 Tics Technologies (India) 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 Tics Technologies (India) Private Limited
Tics Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asm IT Solutions Private Limited | ₹90,000 (FY 2025) | •••• | •••• | -83.0% | •••• | Bangalore, Karnataka, India |
| Paravai Aerospace Private Limited | ₹90,000 (FY 2025) | •••• | •••• | 6329.0% | •••• | Goregaon West, Maharashtra, India |
| Eenablers Consultancy Services Private Limited | ₹90,000 (FY 2017) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Finxl Professional Services India Private Limited | ₹90,000 (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Yashworld Products Private Limited | ₹89,920 (FY 2025) | •••• | •••• | -99.0% | •••• | Surat, Gujarat, India |
| Tics Technologies (India) Private Limited this company | ₹89,660 (FY 2025) | •••• | •••• | -71.0% | •••• | Gandhinagar, Gujarat, India |
| Intelytica Business Analytics Private Limited | ₹89,625 (FY 2020) | •••• | •••• | -97.0% | •••• | Hyderabad, Telangana, India |
| Byteblazer Technologies Private Limited | ₹89,587 (FY 2025) | •••• | •••• | 895768.0% | •••• | Ernakulam, Kerala, India |
| Bewgle Technologies Private Limited | ₹89,492 (FY 2025) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Tyrone Systems Private Limited | ₹89,413 (FY 2025) | •••• | •••• | 59.0% | •••• | Ballabgarh, Haryana, India |
| Make My Pic Post Productions Private Limited | ₹89,328 (FY 2025) | •••• | •••• | -96.0% | •••• | East Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Tics Technologies (India) by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and 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 Tics Technologies (India) Private Limited
Tics Technologies (India) Private Limited is audited by NIKHIL SHAH & COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHIL SHAH & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tics Technologies (India) Private Limited
Tics Technologies (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damji M Deolia Also directs: Analytical Electronics Services Private Limited | Director | 20 Oct 2004 | 21 Years 11 Months | Current |
| Rahul Damji Deolia Also directs: Analytical Electronics Services Private Limited | Director | 20 Oct 2004 | 21 Years 11 Months | Current |
| Gautambhai Vrajlal Raval Also directs: Analytical Electronics Services Private Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Tics Technologies (India) 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 Tics Technologies (India) Private Limited
Tics Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tics Technologies (India) Private Limited
Employment history and EPFO contributions of people linked to Tics Technologies (India).
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 Tics Technologies (India) Private Limited
Tics Technologies (India) Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Gautambhai Vrajlal Raval ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Tics Technologies (India) 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 Tics Technologies (India) 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 Tics Technologies (India) 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 Tics Technologies (India) Private Limited
Tics Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT1160H1ZQ | Gujarat | Active | 01 Jul 2017 |
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 Tics Technologies (India) 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 Tics Technologies (India) Private Limited
Tics Technologies (India) is an active private limited company based in Gandhinagar, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 20 October 2004 (22+ years old) and is registered under CIN U72200GJ2004PTC044925.
Tics Technologies (India) reported revenue of ₹89,660 for FY 2025 (down 71% YoY).
Tics Technologies (India) has 3 current directors:
- Damji M Deolia - Director
- Rahul Damji Deolia - Director
- Gautambhai Vrajlal Raval - Director
Tics Technologies (India) reported a net loss of ₹3.46 Lakh (net margin -386.1%) and EBITDA of -₹2.49 Lakh (EBITDA margin -277.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tics Technologies (India) is -42% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tics Technologies (India) is 24AACCT1160H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Tics Technologies (India) is U72200GJ2004PTC044925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tics Technologies (India) was incorporated on 20 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tics Technologies (India) by revenue are Asm IT Solutions Private Limited, Paravai Aerospace Private Limited, Eenablers Consultancy Services Private Limited, Finxl Professional Services India Private Limited, Yashworld Products Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services).
Gautambhai Vrajlal Raval ceased to be Additional Director on 30 Sep 2019. Gautambhai Vrajlal Raval was appointed as Director on 29 Mar 2019. Kamlesh Amarshibhai Chavda ceased to be Director on 03 Sep 2008. Tics Technologies (India) has 5 board changes on record in total.
Tics Technologies (India) can be reached through the website tics.co.in. Its registered office is in Gandhinagar, Gujarat, India.