- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0085275

About Zestbrains Private Limited
Data last updated:
Zestbrains Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC099760. Its GSTIN is 24AABCZ1430F1ZS (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harsh Hitendrabhai Doshi and Renishkumar Lalajibhai Savsani.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.44 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹6.82 Lakh (net margin 2%) and EBITDA of ₹13.58 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 43% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Zestbrains Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0085275). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zestbrains.com.
Company details
Recognitions & Rankings of Zestbrains
Contact details
Zestbrains Private Limited's registered office is in Ahmedabad, Gujarat. Its website is zestbrains.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No E – 820 Ganesh Glory 11, Nr. Bsnl Office, Ahmedabad, Gujarat, India – 382470
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Zestbrains Private 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
Business activity
The main business activity of Zestbrains is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Zestbrains Private Limited, buy the company report.
Financials of Zestbrains Private Limited
FY 2024 filings availableZestbrains Private Limited reported revenue of ₹3.44 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 43% growth in the latest year. EBITDA rose 64% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.82 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2% | ||||
| 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 Zestbrains Private Limited, buy the company report.
Board of directors of Zestbrains Private Limited
Zestbrains has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Hitendrabhai Doshi | Director | 10 Nov 2017 | 8 Years 11 Months | Current |
| Renishkumar Lalajibhai Savsani | Director | 10 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Zestbrains Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Senra Tech Private Limited | ₹3.45 Cr (FY 2025) | 228.0% | New Delhi, Delhi, India | |||
| Applaud Web Media Private Limited | ₹3.45 Cr (FY 2025) | 553.0% | Dehradun, Uttarakhand, India | |||
| Chaneph Business Solution Private Limited | ₹3.44 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Volks Resources India Private Limited | ₹3.44 Cr (FY 2024) | 49.0% | Bangalore, Karnataka, India | |||
| Inventive Business Solutions Private Limited | ₹3.44 Cr (FY 2025) | -3.0% | Pune, Maharashtra, India | |||
| Zestbrains Private Limitedthis company | ₹3.44 Cr (FY 2024) | ₹6.82 Lakh | 2% | 43.0% | Ahmedabad, Gujarat, India | |
| Selli Technologies Private Limited | ₹3.44 Cr (FY 2024) | 21.0% | Krishnagiri, Tamil Nadu, India | |||
| Arhaa Infotech Private Limited | ₹3.44 Cr (FY 2022) | 1.0% | Vijayawada, Andhra Pradesh, India | |||
| Sithafal Technologies Private Limited | ₹3.44 Cr (FY 2025) | 33.0% | Renigunta, Andhra Pradesh, India | |||
| Yoco Labs Private Limited | ₹3.44 Cr (FY 2024) | 61.0% | Chennai, Tamil Nadu, India | |||
| Innofied Solution Private Limited | ₹3.44 Cr (FY 2025) | 22.0% | Parganas North, West Bengal, India |
To see the full peer comparison of Zestbrains Private Limited, buy the company report.
Auditor
Zestbrains Private Limited is audited by C B S & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C B S & CO | FY 2023 | AAUFB5994Q |
Shareholding
The shareholding of Zestbrains Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zestbrains Private Limited, buy the company report.
Legal cases
Zestbrains Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
To see the full case history of Zestbrains Private 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
No delayed payments to MSME suppliers are on our record for Zestbrains Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zestbrains has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCZ1430F1ZS | Gujarat | Active | 06 Dec 2018 |
To see the full GST registrations and return filing status of Zestbrains Private Limited, buy the company report.
Recent activity
Zestbrains Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Mohit Chimanlal Pansuriya ceased to be Director on 23 Mar 2022.
Frequently asked questions
Zestbrains is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 November 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC099760.
Zestbrains has 2 current directors:
- Harsh Hitendrabhai Doshi - Director
- Renishkumar Lalajibhai Savsani - Director
The latest financial statements of Zestbrains 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 FY 2018 are in the company report.
The GSTIN of Zestbrains is 24AABCZ1430F1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Zestbrains is U72900GJ2017PTC099760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zestbrains has 1 court case on record: 1 filed against it.
Zestbrains was incorporated on 10 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Zestbrains by revenue are Senra Tech Private Limited, Applaud Web Media Private Limited, Chaneph Business Solution Private Limited, Volks Resources India Private Limited, Inventive Business Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Mohit Chimanlal Pansuriya ceased to be Director on 23 Mar 2022. Harsh Hitendrabhai Doshi was appointed as Director on 10 Nov 2017. Renishkumar Lalajibhai Savsani was appointed as Director on 10 Nov 2017.
Yes, Zestbrains is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0085275).
Zestbrains can be reached through the website zestbrains.com. Its registered office is in Ahmedabad, Gujarat, India.