About Nichebit Softech Private Limited
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Nichebit Softech Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 12 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2012PTC081407. Its GSTIN is 36AAECN0207F1ZZ (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Nageswara Rao Padachala (Managing Director) and Venakta Padachala Suneetharani (Whole-Time Director).
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.79 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 13.3%) and EBITDA of ₹3.34 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nichebit.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nichebit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address11th Floor 1101A Manjeera Trinity Corporate Jntu – Hitech City Road Kphb Kukatpall, Y, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Software Development & Support Services, 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 Nichebit Softech Private Limited
The main business activity of Nichebit Softech 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 Nichebit Softech Private Limited FY 2025 filings available
Nichebit Softech Private Limited reported revenue of ₹15.79 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nichebit Softech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 20% growth in the latest year. EBITDA rose 32% 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 Nichebit Softech 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 | ₹3.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.1 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 of Nichebit Softech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nichebit Softech are in the company report.
Financial statements from 2015
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 Nichebit Softech Private Limited
Nichebit Softech 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 |
|---|---|---|---|---|---|---|
| Butterfly Innovations Private Limited | ₹15.84 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Gurgaon, Haryana, India |
| Inventyv Software Services Private Limited | ₹15.82 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| Heuristics Informatics Private Limited | ₹15.82 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| K G Information Systems Private Limited | ₹15.82 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Coimbatore, Tamil Nadu, India |
| Megashots Internet Private Limited | ₹15.8 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Bangalore, Karnataka, India |
| Nichebit Softech Private Limited this company | ₹15.79 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| RF Software Labs Private Limited | ₹15.78 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Vadodara, Gujarat, India |
| Technobubble Innovation Lab Private Limited | ₹15.78 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
| Abhaya Kalpa Technologies Private Limited | ₹15.78 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Altrocks Tech Private Limited | ₹15.77 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Tirunelveli, Tamil Nadu, India |
| X9 Cyber Security & IT Services Private Limited | ₹15.76 Cr (FY 2025) | •••• | •••• | 14729.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nichebit Softech 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 Nichebit Softech Private Limited
Nichebit Softech Private Limited is audited by S K N V & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K N V & ASSOCIATES | 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 Nichebit Softech Private Limited
Nichebit Softech 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 |
|---|---|---|---|---|
| Nageswara Rao Padachala Also directs: Recap Associates LLP, Florenties Technologies Private Limited | Managing Director | 12 Jun 2012 | 14 Years 4 Months | Current |
| Venakta Padachala Suneetharani Also directs: Nile Life Sciences Private Limited | Whole-Time Director | 08 Oct 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Nichebit Softech 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 Nichebit Softech Private Limited
Nichebit Softech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Nichebit Softech Private Limited
Nichebit Softech operates one associated brand: Nichebit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides technology services for enterprise integration and business management. | nichebit.com |
Employees and EPFO Compliance at Nichebit Softech Private Limited
Nichebit Softech Private Limited has a workforce of 96 employees as of Apr 07, 2024.
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.
CIN History of Nichebit Softech Private Limited
Nichebit Softech has one previous CIN (Corporate Identification Number): U72900AP2012PTC081407. The current CIN is U72900TG2012PTC081407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2012PTC081407 | Current |
| U72900AP2012PTC081407 | Previous |
Recent Activity on Nichebit Softech Private Limited
Nichebit Softech Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Nageswara Rao Padachala ceased to be Director on 30 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Nichebit Softech 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 Nichebit Softech 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 Nichebit Softech 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 Nichebit Softech Private Limited
Nichebit Softech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECN0207F1ZZ | Telangana | Active | 01 Jul 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 Nichebit Softech 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 Nichebit Softech Private Limited
Nichebit Softech is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 12 June 2012 (14+ years old) and is registered under CIN U72900TG2012PTC081407.
Nichebit Softech reported revenue of ₹15.79 Cr for FY 2024 (up 20% YoY).
Nichebit Softech has 2 current directors:
- Nageswara Rao Padachala - Managing Director
- Venakta Padachala Suneetharani - Whole-Time Director
Nichebit Softech reported a net profit of ₹2.1 Cr (net margin 13.3%) and EBITDA of ₹3.34 Cr (EBITDA margin 21.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nichebit Softech is 34% over three years and 22% over five years. In the latest year (FY 2024) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nichebit Softech is 36AAECN0207F1ZZ, registered in Telangana.
The CIN (Corporate Identification Number) of Nichebit Softech is U72900TG2012PTC081407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nichebit Softech was incorporated on 12 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Nichebit Softech by revenue are Butterfly Innovations Private Limited, Inventyv Software Services Private Limited, Heuristics Informatics Private Limited, K G Information Systems Private Limited, Megashots Internet Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Nageswara Rao Padachala ceased to be Director on 30 Sep 2014. Venakta Padachala Suneetharani ceased to be Director on 30 Sep 2014. Srinivasa Kalyan Varma Pinnammaraju ceased to be Director on 10 Oct 2012. Nichebit Softech has 5 board changes on record in total.
Nichebit Softech can be reached through the website nichebit.com. Its registered office is in Hyderabad, Telangana, India.