Unify Netsol Private Limited
About Unify Netsol Private Limited
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Unify Netsol Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC102056. Its GSTIN is 24AACCU2402M1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hareshbhai Bhikhabhai Patel and Parth Ramnikbhai Donga.
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 B/308 Sunrise Commercial Center Lajamani Chowk Mota Varachha, Surat, Gujarat, India – 394101.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.97 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹8.04 Lakh (net margin -62%) and EBITDA of -₹7.69 Lakh (EBITDA margin -59.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
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- Registered AddressB/308 Sunrise Commercial Center Lajamani Chowk Mota Varachha, Surat, Gujarat, India – 394101
- IndustryInformation Technology, Other Computer Related Activities
- 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
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Business Activity of Unify Netsol Private Limited
The main business activity of Unify Netsol is information and communication. In detail, this covers broadcasting and programming activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming 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 Unify Netsol Private Limited FY 2023 filings available
Unify Netsol Private Limited reported revenue of ₹12.97 Lakh (down 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Unify Netsol Private Limited
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 273% 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 Unify Netsol 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 | -₹7.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.04 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 Unify Netsol Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -59.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -62% | •••• | •••• | •••• | •••• |
| 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 Unify Netsol are in the company report.
Financial statements from FY 2019
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 Unify Netsol Private Limited
Unify Netsol Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Broadcasting and programming 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 |
|---|---|---|---|---|---|---|
| Rythym Broadband Private Limited | ₹13.23 Lakh (FY 2023) | •••• | •••• | -71.0% | •••• | Delhi, India |
| Trikut Films Private Limited | ₹13.21 Lakh (FY 2017) | •••• | •••• | 140.0% | •••• | Mumbai, Maharashtra, India |
| Talence Services Private Limited | ₹13.14 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Gurgaon, Haryana, India |
| J K Media Ground Networking Private Limited | ₹13.1 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Jammu, Jammu and Kashmir, India |
| Clariont Software Solutions Private Limited | ₹13.08 Lakh (FY 2020) | •••• | •••• | 123.0% | •••• | Hyderabad, Telangana, India |
| Unify Netsol Private Limited this company | ₹12.97 Lakh (FY 2023) | •••• | •••• | -21.0% | •••• | Surat, Gujarat, India |
| Den Faction Communication System Limited | ₹12.96 Lakh (FY 2021) | •••• | •••• | -84.0% | •••• | New Delhi, Delhi, India |
| Digiflix Media Private Limited | ₹12.88 Lakh (FY 2022) | •••• | •••• | 4169.0% | •••• | Mumbai, Maharashtra, India |
| Gujarat Digi Com Private Limited | ₹12.86 Lakh (FY 2017) | •••• | •••• | -72.0% | •••• | Gandhinagar, Gujarat, India |
| Cauvery Power Trading Chennai Private Limited | ₹12.83 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Wind Stream Network Private Limited | ₹12.62 Lakh (FY 2023) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Unify Netsol by revenue in the same principal business activity (Broadcasting and programming 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 Unify Netsol Private Limited
Unify Netsol has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hareshbhai Bhikhabhai Patel | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
| Parth Ramnikbhai Donga | Director | 12 Jul 2019 | 7 Years 2 Months | Current |
| Rajeshkumar Bhikhabhai Patel Also directs: Gomatti Global LLP, Cuberse Intelligence Private Limited | Director | 26 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Unify Netsol 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 Unify Netsol Private Limited
Unify Netsol Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Unify Netsol Private Limited
Employment history and EPFO contributions of people linked to Unify Netsol.
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 Unify Netsol Private Limited
Unify Netsol Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Hareshbhai Bhikhabhai Patel ceased to be Additional Director on 30 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Unify Netsol 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 Unify Netsol 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 Unify Netsol 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 Unify Netsol Private Limited
Unify Netsol has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCU2402M1ZJ | Gujarat | Active | 24 Jul 2018 |
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 Unify Netsol 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 Unify Netsol Private Limited
Unify Netsol is an active private limited company based in Surat, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 April 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC102056.
Unify Netsol reported revenue of ₹12.97 Lakh for FY 2023 (down 21% YoY).
Unify Netsol has 3 current directors:
- Hareshbhai Bhikhabhai Patel - Director
- Parth Ramnikbhai Donga - Director
- Rajeshkumar Bhikhabhai Patel - Director
Unify Netsol reported a net loss of ₹8.04 Lakh (net margin -62%) and EBITDA of -₹7.69 Lakh (EBITDA margin -59.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Unify Netsol is 3% over three years. In the latest year (FY 2023) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Unify Netsol is 24AACCU2402M1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Unify Netsol is U72900GJ2018PTC102056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unify Netsol was incorporated on 26 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Unify Netsol by revenue are Rythym Broadband Private Limited, Trikut Films Private Limited, Talence Services Private Limited, J K Media Ground Networking Private Limited, Clariont Software Solutions Private Limited and 5 more, all in the same principal business activity (Broadcasting and programming activities).
Hareshbhai Bhikhabhai Patel ceased to be Additional Director on 30 Dec 2019. Parth Ramnikbhai Donga ceased to be Additional Director on 30 Dec 2019. Mitesh Gobarbhai Savaliya ceased to be Additional Director on 11 Dec 2019. Unify Netsol has 8 board changes on record in total.
The registered office of Unify Netsol is at B308 Sunrise Commercial Center Lajamani Chowk Mota Varachha, Surat, Gujarat, India – 394101.