
Qenit Solutions Private Limited
About Qenit Solutions Private Limited
Data last updated:
Qenit Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC151715. Its GSTIN is 29AAACQ7695Q1ZA (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Boda Pravallika and Sumana Pati.
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 Third 93/9 Novel Msr Park Marathahalli Bridge Varthur Mainroad Munnekolalu, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.96 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹5.95 Lakh (net margin 1%) and EBITDA of ₹18.57 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 198% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cloudvice.
Company details
Contact details
Qenit Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressThird 93/9 Novel Msr Park Marathahalli Bridge Varthur Mainroad Munnekolalu, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Qenit 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
Qenit Solutions operates one associated brand: CLOUDVICE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive cloud and consulting services. | cloudvice.com |
Business activity
The main business activity of Qenit Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Qenit Solutions Private Limited, buy the company report.
Financials of Qenit Solutions Private Limited
FY 2025 filings availableQenit Solutions Private Limited reported revenue of ₹5.96 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 198% over three years, including 9% growth in the latest year. EBITDA fell 12% 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 |
|---|---|---|---|---|
| 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 | ₹18.57 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.95 Lakh | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.1% | |||
| Net Profit Margin | 1% | |||
| 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 Qenit Solutions Private Limited, buy the company report.
Board of directors of Qenit Solutions Private Limited
Qenit Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boda Pravallika | Director | 12 Sep 2021 | 5 Years 1 Months | Current |
| Sumana Pati | Director | 29 Feb 2024 | 2 Years 7 Months | Current |
| Veera Venkata Satyanarayana Pichika | Director | 10 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Qenit Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| EE India AI Foods Private Limited | ₹5.97 Cr (FY 2024) | -45.0% | Delhi, India | |||
| Creshya Technologies Private Limited | ₹5.97 Cr (FY 2022) | 119.0% | Bengaluru, Karnataka, India | |||
| Fist of Success Private Limited | ₹5.97 Cr (FY 2025) | 48.0% | Secunderabad, Telangana, India | |||
| Azosis Technologies Private Limited | ₹5.97 Cr (FY 2024) | 1144.0% | Bangalore, Karnataka, India | |||
| Safee Peee India Private Limited | ₹5.96 Cr (FY 2024) | 1667.0% | Greater Noida, Uttar Pradesh, India | |||
| Qenit Solutions Private Limitedthis company | ₹5.96 Cr (FY 2025) | ₹5.95 Lakh | 1% | 9.0% | 28 | Bangalore, Karnataka, India |
| Mindcrew Technologies Private Limited | ₹5.96 Cr (FY 2024) | 16.0% | Indore, Madhya Pradesh, India | |||
| Codewits Solutions Private Limited | ₹5.96 Cr (FY 2024) | 18.0% | Pune, Maharashtra, India | |||
| United Telecoms E-Services Private Limited | ₹5.96 Cr (FY 2018) | -27.0% | Bangalore, Karnataka, India | |||
| Colloqi Consulting (OPC) Private Limited | ₹5.96 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Yro Systems Private Limited | ₹5.96 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Qenit Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qenit 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 Qenit Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Qenit Solutions Private Limited has a workforce of 28 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Qenit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ7695Q1ZA | Karnataka | Active | 05 Oct 2021 |
To see the full GST registrations and return filing status of Qenit Solutions Private Limited, buy the company report.
Recent activity
Qenit Solutions Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Sumana Pati ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Qenit Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 September 2021 (5+ years old) and is registered under CIN U72900KA2021PTC151715.
Qenit Solutions has 3 current directors:
- Boda Pravallika - Director
- Sumana Pati - Director
- Veera Venkata Satyanarayana Pichika - Director
The latest financial statements of Qenit Solutions 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 FY 2022 are in the company report.
The GSTIN of Qenit Solutions is 29AAACQ7695Q1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Qenit Solutions is U72900KA2021PTC151715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qenit Solutions was incorporated on 12 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Qenit Solutions by revenue are EE India AI Foods Private Limited, Creshya Technologies Private Limited, Fist of Success Private Limited, Azosis Technologies Private Limited, Safee Peee India Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sumana Pati ceased to be Additional Director on 29 Sep 2024. Sumana Pati was appointed as Director on 29 Feb 2024. Balasubramanian Jeevika ceased to be Director on 12 Oct 2022. Qenit Solutions has 5 board changes on record in total.
The registered office of Qenit Solutions is at Third 939 Novel Msr Park Marathahalli Bridge Varthur Mainroad Munnekolalu, Bangalore, Karnataka, India – 560037.
Qenit Solutions operates in the information technology industry, in the IT consulting and support services segment.
Qenit Solutions has 1 associated brand: Cloudvice.