Tricom Infotech Solutions Limited
About Tricom Infotech Solutions Limited
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Tricom Infotech Solutions Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tricom India Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2003PLC139413. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹21.92 Cr. It was formerly known as Godrej Global Solutions Limited. It is led by directors including Chandrakant Vasudev Joshi (Managing Director) and Gajanan Posti Vasudev.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net loss of ₹47,000 (net margin -46.1%) and EBITDA of -₹1.48 Lakh (EBITDA margin -145.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹32.96 Cr and satisfied charges of ₹12 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Tricom Infotech Solutions has one previous CIN (Corporate Identification Number): U74999MH2003PTC139413. The current CIN is U74999MH2003PLC139413, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2003PLC139413 | Current |
| U74999MH2003PTC139413 | Previous |
Contact details
Tricom Infotech Solutions Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 1st Floor Gurunanak Industrial Estate Safed Pool Andheri Kurla Road Andheri, (E), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Tricom Infotech Solutions 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
Financials of Tricom Infotech Solutions Limited
FY 2024 filings availableTricom Infotech Solutions Limited reported revenue of ₹1.02 Lakh (up 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 73% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.02 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47,000 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -145.1% | ||||
| Net Profit Margin | -46.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Tricom Infotech Solutions Limited, buy the company report.
Board of directors and KMP of Tricom Infotech Solutions Limited
Tricom Infotech Solutions Limited currently reports 3 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Vasudev Joshi Also directs: Rids Textiles Private Limited, Dinesh Patadia Financial and Investment Private Limited, Adilnath Finance Private Limited and 2 more | Managing Director | 26 Mar 2019 | 7 Years 7 Months | Current |
| Gajanan Posti Vasudev Also directs: Rids Textiles Private Limited, Dinesh Patadia Financial and Investment Private Limited, Adilnath Finance Private Limited and 1 more | Director | 26 Mar 2019 | 7 Years 7 Months | Current |
| Sandeep Dagdu Sutar Also directs: Rids Textiles Private Limited, Edata Processing Private Limited | Director | 26 Mar 2019 | 7 Years 7 Months | Current |
| Paresh Vishnuprasad Pathak | Cfo | 26 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Tricom Infotech Solutions Limited is audited by Jain Anil & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Anil & Associates | FY 2024 | 115987W |
Shareholding
The shareholding of Tricom Infotech Solutions Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tricom Infotech Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2011 | 10276412 | Export-Import Bank of India | ₹23 Cr | Open | |
| 10 Feb 2010 | 10201014 | Idbi Bank Limited | ₹9.96 Cr | Open | |
| 04 Dec 2005 | 90349426 | Axis Bank Limited | ₹4.5 Cr | Satisfied | |
| 06 Jun 2005 | 90350906 | Uti Bank Lt.D | ₹7.5 Cr | Satisfied |
To see the full charge records of Tricom Infotech Solutions Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Tricom Infotech Solutions Limited has 6 court cases on record: 5 filed by Tricom Infotech Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Godrej Global Solutions Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against -Godrej Global Solutions Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Tricom Infotech Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Tricom Infotech Solutions Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Tricom Infotech Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tricom Infotech Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tricom Infotech Solutions Limited, buy the company report.
Recent activity
Tricom Infotech Solutions Limited has 22 board changes on record since 2008: 4 appointments and 18 cessations. The latest: Chandrakant Vasudev Joshi ceased to be Director on 30 Sep 2019.
21 earlier events are in the company report.
Frequently asked questions
Tricom Infotech Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 February 2003 (23+ years old) and is registered under CIN U74999MH2003PLC139413.
Tricom Infotech Solutions has 4 current directors and KMP:
- Chandrakant Vasudev Joshi - Managing Director
- Gajanan Posti Vasudev - Director
- Sandeep Dagdu Sutar - Director
- Paresh Vishnuprasad Pathak - Cfo
The latest financial statements of Tricom Infotech Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Tricom Infotech Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Tricom Infotech Solutions is U74999MH2003PLC139413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tricom Infotech Solutions has 6 court cases on record: 5 filed by the company and 2 filed against it.
Tricom Infotech Solutions was incorporated on 28 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandrakant Vasudev Joshi ceased to be Director on 30 Sep 2019. Gajanan Posti Vasudev ceased to be Additional Director on 30 Sep 2019. Sandeep Dagdu Sutar ceased to be Additional Director on 30 Sep 2019. Tricom Infotech Solutions has 22 board changes on record in total.
Tricom Infotech Solutions has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 20 Apr 2024.
The registered office of Tricom Infotech Solutions is at 101 1st Floor Gurunanak Industrial Estate Safed Pool Andheri Kurla Road Andheri, E, Mumbai, Maharashtra, India – 400072.
Tricom Infotech Solutions operates in the information technology industry, in the IT consulting and support services segment.
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