About IT Keysource Solutions Private Limited
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IT Keysource Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2011PTC074703. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Narayanappa Surapaneni and Surapuneni Venkatalaxmi.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.57 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.6 Lakh (net margin 1%) and EBITDA of ₹7.76 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 43% over five years.
The company is associated with 1 brand: IT KeySource.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itkeysource.com.
Company details
CIN history
IT Keysource Solutions has one previous CIN (Corporate Identification Number): U72300AP2011PTC074703. The current CIN is U72300TG2011PTC074703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2011PTC074703 | Current |
| U72300AP2011PTC074703 | Previous |
Contact details
IT Keysource Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is itkeysource.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGs Chambers Left Wing;Pt No 75 Sree Ngarjuna Co – Operative Society Ltd Nagarjunahills, Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of IT Keysource 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
Brands
IT Keysource Solutions operates one associated brand: IT KeySource. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services including data analytics and staff augmentation. | itkeysource.com |
Business activity
The main business activity of IT Keysource Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of IT Keysource Solutions Private Limited, buy the company report.
Financials of IT Keysource Solutions Private Limited
FY 2024 filings availableIT Keysource Solutions Private Limited reported revenue of ₹4.57 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA rose 15% 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 |
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| EBITDA | ₹7.76 Lakh | ||||
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| Net Profit (PAT) | ₹4.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of IT Keysource Solutions Private Limited, buy the company report.
Board of directors of IT Keysource Solutions Private Limited
IT Keysource Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanappa Surapaneni | Director | 23 Oct 2015 | 11 Years 0 Months | Current |
| Surapuneni Venkatalaxmi | Director | 28 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
IT Keysource Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Freedom Manpower Service Private Limited | ₹4.6 Cr (FY 2024) | 86.0% | Lucknow, Uttar Pradesh, India | |||
| Ample Enterprise Technologies Private Limited | ₹4.6 Cr (FY 2024) | -19.0% | Bangalore, Karnataka, India | |||
| Paul HR Solutions Private Limited | ₹4.59 Cr (FY 2020) | -9.0% | Toranagallu, Karnataka, India | |||
| Vui Systems Private Limited | ₹4.59 Cr (FY 2025) | 12.0% | Delhi, India | |||
| IT Keysource Solutions Private Limitedthis company | ₹4.57 Cr (FY 2024) | ₹4.6 Lakh | 1% | -4.0% | Hyderabad, Telangana, India |
To see the full peer comparison of IT Keysource Solutions Private Limited, buy the company report.
Auditor
IT Keysource Solutions Private Limited is audited by SRIKALYAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIKALYAN & ASSOCIATES | FY 2020 | 013497S |
Shareholding
The shareholding of IT Keysource Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of IT Keysource Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving IT Keysource 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 IT Keysource Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
IT Keysource Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of IT Keysource Solutions Private Limited, buy the company report.
Recent activity
IT Keysource Solutions Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Padamati Panduranga Reddy ceased to be Director on 28 Oct 2025.
Frequently asked questions
IT Keysource Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 May 2011 (15+ years old) and is registered under CIN U72300TG2011PTC074703.
IT Keysource Solutions has 2 current directors:
- Narayanappa Surapaneni - Director
- Surapuneni Venkatalaxmi - Director
The latest financial statements of IT Keysource Solutions 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 2015 are in the company report.
No. IT Keysource Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of IT Keysource Solutions is U72300TG2011PTC074703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IT Keysource Solutions was incorporated on 27 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of IT Keysource Solutions by revenue are Freedom Manpower Service Private Limited, Ample Enterprise Technologies Private Limited, Paul HR Solutions Private Limited, Vui Systems Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Padamati Panduranga Reddy ceased to be Director on 28 Oct 2025. Surapuneni Venkatalaxmi was appointed as Director on 28 Oct 2025. Yelamanchili Venkata Sainath ceased to be Director on 02 Nov 2015. IT Keysource Solutions has 5 board changes on record in total.
IT Keysource Solutions can be reached through the website itkeysource.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of IT Keysource Solutions is at Gs Chambers Left Wing;Pt No 75 Sree Ngarjuna Co – Operative Society Ltd Nagarjunahills, Punjagutta, Hyderabad, Telangana, India – 500082.
IT Keysource Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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