Xyron Technologies Limited
About Xyron Technologies Limited
Data last updated:
Xyron Technologies Limited is a public limited company based in Bhopal, Madhya Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 12 September 1996.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51109MP1996PLC011205. Its GSTIN is 23AAACE8606P2ZE (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.28 Cr. It was formerly known as Extol Marketing Limited. It is led by directors including Divya Saxena and Sudarshna Bhatnagar.
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 Extol – Tower Jahangirabad, Bhopal, Madhya Pradesh, India – 462008.
As per the financials filed for FY 2021, the company reported a revenue of ₹70.48 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹82.31 Lakh (net margin -116.8%) and EBITDA of -₹41.2 Lakh (EBITDA margin -58.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹9.97 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 4 filed against it; 4 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.23 Cr; the latest was in September 2016.
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- Registered AddressExtol – Tower Jahangirabad, Bhopal, Madhya Pradesh, India – 462008
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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 Xyron Technologies Limited
The main business activity of Xyron Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Xyron Technologies Limited FY 2024 filings available
Xyron Technologies Limited reported revenue of ₹70.48 Lakh (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Xyron Technologies Limited
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 82% fall 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 Xyron Technologies Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹70.48 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹41.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹82.31 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 Xyron Technologies Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -58.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -116.8% | •••• | •••• | •••• | •••• |
| 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 Xyron Technologies 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.
Board of Directors of Xyron Technologies Limited
Xyron Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Saxena | Director | 14 Dec 2016 | 9 Years 10 Months | As last reported |
| Sudarshna Bhatnagar Also directs: Extol Financial Services Ltd | Director | 15 Sep 2016 | 10 Years 1 Months | As last reported |
| Aditya Bhatnagar Also directs: Extol Financial Services Ltd | Director | 18 Sep 2015 | 11 Years 1 Months | As last reported |
Auditor Details of Xyron Technologies Limited
Xyron Technologies Limited is audited by V K P M G & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K P M G & CO | 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.
Ownership and Shareholding of Xyron Technologies 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 Xyron Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2016 | Axis Bank Limited | ₹5 Cr | Open |
| 29 Sep 2015 | Bank of Baroda | ₹4.97 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Xyron Technologies Limited
Xyron Technologies Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.23 Cr; the latest was in September 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Xyron Infotech Limited , 2 individuals |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Extol Financial Services Ltd , Xyron Infotech Limited Seller: Extol Wind Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Extol Wind Limited Seller: Extol Financial Services Ltd |
| Nov 2015 | Funding round | ₹2.3 Cr | Investors: Extol Wind Limited , 3 individuals |
| Jul 2015 | Funding round | ₹4.88 Cr | Investors: Extol Financial Services Ltd , 3 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Xyron Technologies Limited
Xyron Technologies Limited has 7 court cases on record: 1 filed by Xyron Technologies, 4 filed against it, 2 where it is another party. 4 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 3 |
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The Bank of Baroda Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Aditya Bhatnagar Shareholder and Erstwhile Management of Xyron Technologies Limited | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCS A) | Company is another party | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Aditya Bhatnagar Shareholder and Erstwhile Management of Xyron Technologies Limited | Disposed |
| High Court of Madhya Pradesh | Writ petition | Company is another party | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Xyron Technologies Limited
Employment history and EPFO contributions of people linked to Xyron 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 Xyron Technologies Limited
Xyron Technologies Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Abhinav Bhatnagar ceased to be Director on 14 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Xyron Technologies 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 Xyron Technologies 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 Xyron Technologies 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 Xyron Technologies Limited
Xyron Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACE8606P2ZE | Madhya Pradesh | Active | 01 Apr 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 Xyron Technologies 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 Xyron Technologies Limited
Xyron Technologies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Xyron Technologies is a company under insolvency, formerly operating as a public limited company based in Bhopal, Madhya Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 12 September 1996 and is registered under CIN U51109MP1996PLC011205. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Xyron Technologies reported revenue of ₹70.48 Lakh for FY 2021 (down 82% YoY).
Xyron Technologies has 3 current directors:
- Divya Saxena - Director
- Sudarshna Bhatnagar - Director
- Aditya Bhatnagar - Director
Xyron Technologies reported a net loss of ₹82.31 Lakh (net margin -116.8%) and EBITDA of -₹41.2 Lakh (EBITDA margin -58.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Xyron Technologies is 36% over three years and -33% over five years. In the latest year (FY 2021) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Xyron Technologies is U51109MP1996PLC011205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xyron Technologies has open charges of ₹9.97 Cr and no satisfied charges on record as per latest MCA filings.
Xyron Technologies has 7 court cases on record: 1 filed by the company and 4 filed against it. 4 are pending. Most are in the nclat.
Xyron Technologies was incorporated on 12 September 1996. It is registered with the Registrar of Companies, Gwalior.