Itc Satellite Solutions India Private Limited
About Itc Satellite Solutions India Private Limited
Data last updated:
Itc Satellite Solutions India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Itc Global Inc.. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 24 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH2015FTC261332. Its GSTIN is 27AADCI7454G1ZF (Maharashtra).
The company has an authorised share capital of ₹1.05 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajeev Parashar and Vartika Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.56 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 9.3%) and EBITDA of ₹2.02 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 41% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Itc Satellite Solutions India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 Sheetal Enclave, Mindspace, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Itc Satellite Solutions India 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 Itc Satellite Solutions India is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Itc Satellite Solutions India Private Limited, buy the company report.
Financials of Itc Satellite Solutions India Private Limited
FY 2025 filings availableItc Satellite Solutions India Private Limited reported revenue of ₹13.56 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 3% growth in the latest year. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.26 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 9.3% | ||||
| 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 Itc Satellite Solutions India Private Limited, buy the company report.
Board of directors of Itc Satellite Solutions India Private Limited
Itc Satellite Solutions India has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Parashar | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Vartika Malhotra | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Itc Satellite Solutions India Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Equipment and Technology), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Consort Digital Private Limited | ₹14.57 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| RTNS Technology Private Limited | ₹13.67 Cr (FY 2025) | 64.0% | New Delhi, Delhi, India | |||
| Itc Satellite Solutions India Private Limitedthis company | ₹13.56 Cr (FY 2025) | ₹1.26 Cr | 9.3% | 3.0% | Mumbai, Maharashtra, India | |
| Audiocodes India Private Limited | ₹12.9 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Itc Satellite Solutions India Private Limited, buy the company report.
Auditor
Itc Satellite Solutions India Private Limited is audited by Mantri & Aggarwal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mantri & Aggarwal | FY 2023 | 0126592W |
Shareholding
The shareholding of Itc Satellite Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Itc Satellite Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Itc Satellite Solutions India 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
Itc Satellite Solutions India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 26 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| RSM Astute Consulting Private Limited |
To see the full MSME payment records of Itc Satellite Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Itc Satellite Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI7454G1ZF | Maharashtra | Active | 30 Jan 2019 |
To see the full GST registrations and return filing status of Itc Satellite Solutions India Private Limited, buy the company report.
Recent activity
Itc Satellite Solutions India Private Limited has 14 board changes on record since 2016: 3 appointments and 11 cessations. The latest: Herve Charles Marcel Nays ceased to be Additional Director on 26 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Itc Satellite Solutions India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 24 January 2015 (11+ years old) and is registered under CIN U32200MH2015FTC261332.
Itc Satellite Solutions India has 2 current directors:
- Rajeev Parashar - Director
- Vartika Malhotra - Director
The latest financial statements of Itc Satellite Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Itc Satellite Solutions India is 27AADCI7454G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Itc Satellite Solutions India is U32200MH2015FTC261332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itc Satellite Solutions India was incorporated on 24 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Itc Satellite Solutions India by revenue are Consort Digital Private Limited, RTNS Technology Private Limited, Audiocodes India Private Limited, all in the Telecom industry (Telecom Equipment and Technology), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Herve Charles Marcel Nays ceased to be Additional Director on 26 Sep 2025. Herve Charles Marcel Nays was appointed as Additional Director on 05 Dec 2024. Rajeev Parashar ceased to be Additional Director on 29 Sep 2024. Itc Satellite Solutions India has 14 board changes on record in total.
Itc Satellite Solutions India has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 26 overdue payments to 1 micro and small supplier. The latest return was filed on 05 Nov 2023.
The registered office of Itc Satellite Solutions India is at 501 Sheetal Enclave, Mindspace, Mumbai, Maharashtra, India – 400064.
Itc Satellite Solutions India operates in the information technology industry, in the electronic components and equipment manufacturing segment.
The compliance status of Itc Satellite Solutions India is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.