Startup India Government of India
Vtechfamily Solution India Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.09 Cr
▼ 9% YoY
Net profit · FY 2024
₹2.36 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹59.13 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.79 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
102
Provident fund records
About Vtechfamily Solution India Private Limited
Data last updated:
Vtechfamily Solution India Private Limited is a foreign private limited company based in Vadodara, Gujarat, India, a subsidiary of Vtech Solution Inc and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017FTC099957. Its GSTIN is 24AAGCV2042Q1Z2 (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 Jivanbhai Vataliya and Chimanbhai Popatbhai Rafalia.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.09 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.36 Lakh (net margin 0.2%) and EBITDA of ₹59.13 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 35% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.79 Cr on record.
Vtechfamily Solution India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0049100). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vtechsoln.in.
Company details
CIN U74999GJ2017FTC099957
Registration Number 099957
Incorporation Date 29 November 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vtech Solution Inc
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-24-0049100
Key People
Hareshbhai Jivanbhai Vataliya Director Chimanbhai Popatbhai Rafalia Director Jivanbhai Ranchodbhai Vataliya Director Recognitions & Rankings of Vtechfamily Solution India
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-24-0049100
Contact details
Vtechfamily Solution India Private Limited's registered office is in Vadodara, Gujarat. Its website is vtechsoln.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No B/Fof 01 To 04 And Open Terrace 4th Floor B Block Signet Plaza Krunal Cross Road, Gotri, Vadodara, Gujarat, India – 390023
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vtechfamily Solution India Private Limited, buy the company report.
Comprehensive company report
Vtechfamily Solution India Private Limited - one report that includes everything
- 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
The main business activity of Vtechfamily Solution India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Vtechfamily Solution India Private Limited, buy the company report.
Financials of Vtechfamily Solution India Private Limited
FY 2025 filings availableVtechfamily Solution India Private Limited reported revenue of ₹14.09 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹14.09 Cr ▼ 9%
Net profit · FY 2024
₹2.36 Lakh margin 0.2%
EBITDA · FY 2024
₹59.13 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 19%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 20%
5 years · compounded
▲ 30%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA rose 12% 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹59.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.36 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Vtechfamily Solution India Private Limited, buy the company report.
Board of directors of Vtechfamily Solution India Private Limited
Vtechfamily Solution India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hareshbhai Jivanbhai Vataliya | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Chimanbhai Popatbhai Rafalia Also directs: Jay Jalaram Extrusion LLP, Raj Varni Enterprise LLP, Meticulous Traders LLP and 4 more | Director | 07 Sep 2019 | 7 Years 2 Months | Current |
| Jivanbhai Ranchodbhai Vataliya Also directs: Turabit Solutions Private Limited | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Jigneshkumar Ramjibhai Patel | Director | 04 Apr 2019 | 7 Years 7 Months | Current |
Peer comparison
Vtechfamily Solution India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gameopedia Data Solutions Private Limited | ₹14.25 Cr (FY 2025) | 62.0% | Hyderabad, Telangana, India | |||
| Exa Infrastructure India Private Limited | ₹14.18 Cr (FY 2025) | 193.0% | Pune, Maharashtra, India | |||
| PKF Proserv Private Limited | ₹14.15 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Triad Technologies Private Limited | ₹14.11 Cr (FY 2024) | 665.0% | New Delhi, Delhi, India | |||
| Vtechfamily Solution India Private Limitedthis company | ₹14.09 Cr (FY 2024) | ₹2.36 Lakh | 0.2% | -9.0% | 102 | Vadodara, Gujarat, India |
| Cubiclogics India Private Limited | ₹14.01 Cr (FY 2025) | 42.0% | Bangalore, Karnataka, India | |||
| Bravvura Digital Private Limited | ₹13.94 Cr (FY 2019) | 71.0% | Bangalore, Karnataka, India | |||
| Commodity Online (India)Limited | ₹13.94 Cr (FY 2019) | -41.0% | Kochi, Kerala, India | |||
| Gocoop Solutions and Services Private Limited | ₹13.93 Cr (FY 2023) | 9.0% | Bangalore, Karnataka, India | |||
| Envigo Marketing Private Limited | ₹13.88 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vtechfamily Solution India Private Limited, buy the company report.
Auditor
Vtechfamily Solution India Private Limited is audited by MAYUR B VEKAREEYA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYUR B VEKAREEYA & ASSOCIATES | FY 2022 | 143614W |
Shareholding
The shareholding of Vtechfamily Solution India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vtechfamily Solution India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2022 | 100577227 | Others | ₹1.79 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vtechfamily Solution 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 Vtechfamily Solution India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vtechfamily Solution India Private Limited has a workforce of 102 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
-17.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 102 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Vtechfamily Solution India Private Limited, buy the company report.
GST
Vtechfamily Solution India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV2042Q1Z2 | Gujarat | Active | 23 Apr 2018 |
To see the full GST registrations and return filing status of Vtechfamily Solution India Private Limited, buy the company report.
Recent activity
Vtechfamily Solution India Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Chimanbhai Popatbhai Rafalia ceased to be Additional Director on 30 Sep 2019.
AGM
Vtechfamily Solution India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vtechfamily Solution India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 179.00 Lakh with Charge ID 100577227 was registered on 25 May 2022.
Ceased
Chimanbhai Popatbhai Rafalia ceased to be Additional Director.
Ceased
Jigneshkumar Ramjibhai Patel ceased to be Additional Director.
Appointed
Chimanbhai Popatbhai Rafalia was appointed as Director.
Appointed
Jigneshkumar Ramjibhai Patel was appointed as Director.
Appointed
Hareshbhai Jivanbhai Vataliya was appointed as Director.
Appointed
Jivanbhai Ranchodbhai Vataliya was appointed as Director.
Incorporation
29 Nov 2017
Vtechfamily Solution India Private Limited was registered on 29 Nov 2017 with Roc Ahmedabad & aged 8 years 11 months as per MCA records.
Frequently asked questions
Vtechfamily Solution India is an active foreign private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 November 2017 (9+ years old) and is registered under CIN U74999GJ2017FTC099957.
Vtechfamily Solution India has 4 current directors:
- Hareshbhai Jivanbhai Vataliya - Director
- Chimanbhai Popatbhai Rafalia - Director
- Jivanbhai Ranchodbhai Vataliya - Director
- Jigneshkumar Ramjibhai Patel - Director
The latest financial statements of Vtechfamily Solution 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 2018 are in the company report.
The GSTIN of Vtechfamily Solution India is 24AAGCV2042Q1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Vtechfamily Solution India is U74999GJ2017FTC099957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vtechfamily Solution India was incorporated on 29 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vtechfamily Solution India by revenue are Gameopedia Data Solutions Private Limited, Exa Infrastructure India Private Limited, PKF Proserv Private Limited, Triad Technologies Private Limited, Cubiclogics India Private Limited and 4 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Chimanbhai Popatbhai Rafalia ceased to be Additional Director on 30 Sep 2019. Jigneshkumar Ramjibhai Patel ceased to be Additional Director on 30 Sep 2019. Chimanbhai Popatbhai Rafalia was appointed as Director on 07 Sep 2019. Vtechfamily Solution India has 6 board changes on record in total.
Yes, Vtechfamily Solution India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vtechfamily Solution India is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0049100).
Vtechfamily Solution India can be reached through the website vtechsoln.in. Its registered office is in Vadodara, Gujarat, India.
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