About Futureswift Technologies Private Limited
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Futureswift Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 29 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC128653. Its GSTIN is 36AADCF5762G1ZK (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jagapathi Vemula and Vemula Venkata Vinay Babu.
Its last annual general meeting (AGM) was held on 30 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 10 – 2 – 289/92 Siddhartha Aparajitha Mahavir Hospital Opp Road Shanti Nagar, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12,277 (net margin -11.5%) and EBITDA of -₹1,338 (EBITDA margin -1.3%).
For more details, the company can be reached via its website thefutureswift.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered Address10 – 2 – 289/92 Siddhartha Aparajitha Mahavir Hospital Opp Road Shanti Nagar, Hyderabad, Telangana, India – 500028
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Futureswift Technologies Private Limited
The main business activity of Futureswift 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 Futureswift Technologies Private Limited FY 2022 filings available
Futureswift Technologies Private Limited reported revenue of ₹1.07 Lakh (up 2579% YoY) for FY 2022.
Financial Statement Summary of Futureswift Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.07 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹1,338 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12,277 | •••• | •••• | •••• |
| 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 Futureswift Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• |
| Net Profit Margin | -11.5% | •••• | •••• | •••• |
| 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 Futureswift Technologies are in the company report.
Financial statements from FY 2019
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 Futureswift Technologies Private Limited
Futureswift 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 |
|---|---|---|---|---|---|---|
| Laabhum Private Limited | ₹1.07 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Flinthin Private Limited | ₹1.07 Lakh (FY 2025) | •••• | •••• | 99.0% | •••• | Vilavancode, Tamil Nadu, India |
| Psfive Technologies Private Limited | ₹1.07 Lakh (FY 2020) | •••• | •••• | 21315.0% | •••• | Pune, Maharashtra, India |
| Amseltrack Technologies Private Limited | ₹1.07 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Kazhakuttom, Kerala, India |
| Pavja Private Limited | ₹1.07 Lakh (FY 2021) | •••• | •••• | -85.0% | •••• | Bangalore, Karnataka, India |
| Futureswift Technologies Private Limited this company | ₹1.07 Lakh (FY 2022) | •••• | •••• | 2579.0% | •••• | Hyderabad, Telangana, India |
| Exqual Software (OPC) Private Limited | ₹1.07 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Glancework Private Limited | ₹1.07 Lakh (FY 2024) | •••• | •••• | -79.0% | •••• | Pune, Maharashtra, India |
| Roskill Solutions Private Limited | ₹1.07 Lakh (FY 2024) | •••• | •••• | 109.0% | •••• | Mansa, Punjab, India |
| Terranoah Ecom Ventures (OPC) Private Limited | ₹1.07 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Salasar Ji Infosoft Private Limited | ₹1.07 Lakh (FY 2016) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Futureswift 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.
Board of Directors of Futureswift Technologies Private Limited
Futureswift Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagapathi Vemula Also directs: Sublime Intelligence Solutions Private Limited | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
| Vemula Venkata Vinay Babu Also directs: Sublime Intelligence Solutions Private Limited | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Futureswift 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 Futureswift Technologies Private Limited
Futureswift Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Futureswift Technologies Private Limited
Employment history and EPFO contributions of people linked to Futureswift 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 Futureswift Technologies Private Limited
Futureswift Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jagapathi Vemula was appointed as Director on 29 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Futureswift 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 Futureswift 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 Futureswift 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 Futureswift Technologies Private Limited
Futureswift Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCF5762G1ZK | Telangana | Active | 03 Jul 2020 |
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 Futureswift 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 Futureswift Technologies Private Limited
Futureswift Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 29 November 2018 (8+ years old) and is registered under CIN U72900TG2018PTC128653.
Futureswift Technologies reported revenue of ₹1.07 Lakh for FY 2022 (up 2579% YoY).
Futureswift Technologies has 2 current directors:
- Jagapathi Vemula - Director
- Vemula Venkata Vinay Babu - Director
Futureswift Technologies reported a net loss of ₹12,277 (net margin -11.5%) and EBITDA of -₹1,338 (EBITDA margin -1.3%) for FY 2022, as per its filed financial statements.
The GSTIN of Futureswift Technologies is 36AADCF5762G1ZK, registered in Telangana.
The CIN (Corporate Identification Number) of Futureswift Technologies is U72900TG2018PTC128653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Futureswift Technologies was incorporated on 29 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Futureswift Technologies by revenue are Laabhum Private Limited, Flinthin Private Limited, Psfive Technologies Private Limited, Amseltrack Technologies Private Limited, Pavja Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jagapathi Vemula was appointed as Director on 29 Nov 2018. Vemula Venkata Vinay Babu was appointed as Director on 29 Nov 2018.
Futureswift Technologies can be reached through the website thefutureswift.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Futureswift Technologies is at 10 – 2 – 28992 Siddhartha Aparajitha Mahavir Hospital Opp Road Shanti Nagar, Hyderabad, Telangana, India – 500028.