Akredsoft Technologies Private Limited
About Akredsoft Technologies Private Limited
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Akredsoft Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PTC117904. Its GSTIN is 36AAPCA7320M1ZA (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harika Surapaneni and Rajesh Doppalapudi.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2 – 23 – 1/Ls – 1/Rl/67 Shathavahana Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.07 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -1.5%) and EBITDA of -₹1.6 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2 – 23 – 1/Ls – 1/Rl/67 Shathavahana Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support 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 Akredsoft Technologies Private Limited
The main business activity of Akredsoft Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Akredsoft Technologies Private Limited FY 2024 filings available
Akredsoft Technologies Private Limited reported revenue of ₹1.07 Cr (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Akredsoft Technologies Private Limited
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 162% 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 Akredsoft Technologies Private Limited
| 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 | -₹1.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.6 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 Akredsoft Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 Akredsoft Technologies are in the company report.
Financial statements from FY 2018
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 Akredsoft Technologies Private Limited
Akredsoft Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Incubate Consulting and Services Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 435.0% | •••• | Hyderabad, Telangana, India |
| Ideafarm Technology Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| TCP International Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Ernakulam, Kerala, India |
| Augsta Infosystems Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Consendev Services Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Navi Mumbai, Maharashtra, India |
| Akredsoft Technologies Private Limited this company | ₹1.07 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Hyderabad, Telangana, India |
| Megda Technologies Private Limited | ₹1.07 Cr (FY 2024) | •••• | •••• | •••• | Shamshabad, Telangana, India | |
| Dky Infotech Private Limited | ₹1.07 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Gurugram, Haryana, India |
| Campyellow Private Limited | ₹1.07 Cr (FY 2024) | •••• | •••• | 994.0% | •••• | Bangalore, Karnataka, India |
| LKX IT (OPC) Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bhopal, Madhya Pradesh, India |
| Subcontinental Media Group Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 205.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Akredsoft Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akredsoft Technologies Private Limited
Akredsoft Technologies Private Limited is audited by SUNIL BHANDARI & COMPANY for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNIL BHANDARI & COMPANY | 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.
Board of Directors of Akredsoft Technologies Private Limited
Akredsoft Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harika Surapaneni | Director | 23 Jun 2017 | 9 Years 3 Months | Current |
| Rajesh Doppalapudi | Director | 14 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Akredsoft Technologies 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 Akredsoft Technologies Private Limited
Akredsoft Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akredsoft Technologies Private Limited
Employment history and EPFO contributions of people linked to Akredsoft 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 Akredsoft Technologies Private Limited
Akredsoft Technologies Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Rajesh Devineni ceased to be Director on 14 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Akredsoft Technologies 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 Akredsoft Technologies 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 Akredsoft Technologies 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 Akredsoft Technologies Private Limited
Akredsoft Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAPCA7320M1ZA | Telangana | Active | 06 Oct 2017 |
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 Akredsoft Technologies 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 Akredsoft Technologies Private Limited
Akredsoft Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 June 2017 (9+ years old) and is registered under CIN U74999TG2017PTC117904.
Akredsoft Technologies reported revenue of ₹1.07 Cr for FY 2024 (down 50% YoY).
Akredsoft Technologies has 2 current directors:
- Harika Surapaneni - Director
- Rajesh Doppalapudi - Director
Akredsoft Technologies reported a net loss of ₹1.6 Lakh (net margin -1.5%) and EBITDA of -₹1.6 Lakh (EBITDA margin -1.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akredsoft Technologies is 3% over three years and 6% over five years. In the latest year (FY 2024) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akredsoft Technologies is 36AAPCA7320M1ZA, registered in Telangana.
The CIN (Corporate Identification Number) of Akredsoft Technologies is U74999TG2017PTC117904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akredsoft Technologies was incorporated on 23 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Akredsoft Technologies by revenue are Incubate Consulting and Services Private Limited, Ideafarm Technology Private Limited, TCP International Private Limited, Augsta Infosystems Private Limited, Consendev Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Rajesh Devineni ceased to be Director on 14 Nov 2019. Rajesh Doppalapudi was appointed as Director on 14 Nov 2019. Rajesh Doppalapudi ceased to be Director on 15 Sep 2018. Akredsoft Technologies has 4 board changes on record in total.
The registered office of Akredsoft Technologies is at 2 – 23 – 1Ls – 1Rl67 Shathavahana Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072.