About Dave IT Solutions Private Limited
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Dave IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2008PTC060185. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijayender Rao Miryala and Sharmila Rao Miryala.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 – 2 – 334 6th Floor Aditya Court Road No.5 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2020, the company reported a revenue of ₹43.79 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Lakh (net margin -5.6%) and EBITDA of -₹37,092 (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dharmasolutions.com.
Company details
CIN history
Dave IT Solutions has one previous CIN (Corporate Identification Number): U72900AP2008PTC060185. The current CIN is U72900TG2008PTC060185, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2008PTC060185 | Current |
| U72900AP2008PTC060185 | Previous |
Contact details
Dave IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is dharmasolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address8 – 2 – 334 6th Floor Aditya Court Road No.5 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Dave IT Solutions 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
Financials of Dave IT Solutions Private Limited
FY 2025 filings availableDave IT Solutions Private Limited reported revenue of ₹43.79 Lakh (down 35% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 35% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹43.79 Lakh | ||||
| Other Income | |||||
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| EBITDA | -₹37,092 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Dave IT Solutions Private Limited, buy the company report.
Board of directors of Dave IT Solutions Private Limited
Dave IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayender Rao Miryala Also directs: Dharma IT Solutions Private Limited | Director | 17 Jul 2008 | 18 Years 3 Months | Current |
| Sharmila Rao Miryala Also directs: Dharma IT Solutions Private Limited | Director | 17 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Dave IT Solutions Private Limited is audited by DHANUNJAYA & HARANATH for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANUNJAYA & HARANATH | FY 2019 | 014288S |
Shareholding
The shareholding of Dave IT Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dave IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dave IT Solutions 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 Dave IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dave IT Solutions has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dave IT Solutions Private Limited, buy the company report.
Recent activity
Dave IT Solutions Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Sharmila Rao Miryala was appointed as Director on 17 Jul 2008.
Frequently asked questions
Dave IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 July 2008 (18+ years old) and is registered under CIN U72900TG2008PTC060185.
Dave IT Solutions has 2 current directors:
- Vijayender Rao Miryala - Director
- Sharmila Rao Miryala - Director
The latest financial statements of Dave IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Dave IT Solutions has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Dave IT Solutions is U72900TG2008PTC060185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dave IT Solutions was incorporated on 17 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sharmila Rao Miryala was appointed as Director on 17 Jul 2008. Vijayender Rao Miryala was appointed as Director on 17 Jul 2008.
Dave IT Solutions can be reached through the website dharmasolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Dave IT Solutions is at 8 – 2 – 334 6th Floor Aditya Court Road No.5 Banjara Hills, Hyderabad, Telangana, India – 500034.
Dave IT Solutions operates in the information technology industry, in the IT consulting and support services segment.
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