Qenit Solutions Private Limited

Qenit Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2021PTC151715 Incorporated 12 September 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹5.96 Cr
▲ 9% YoY
Net profit · FY 2025
₹5.95 Lakh
Net margin 1%
EBITDA · FY 2025
₹18.57 Lakh
EBITDA margin 3.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
28
Provident fund records
Directors on board
3
As per MCA filings

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

CIN U72900KA2021PTC151715
Registration Number 151715
Incorporation Date 12 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Qenit Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Third 93/9 Novel Msr Park Marathahalli Bridge Varthur Mainroad Munnekolalu, Bangalore, Karnataka, India – 560037
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Qenit Solutions Private Limited, buy the company report.

Comprehensive company report
Qenit Solutions Private Limited - one report that includes everything
  • 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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Brands

Qenit Solutions operates one associated brand: CLOUDVICE. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Qenit Solutions Private Limited reported revenue of ₹5.96 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹5.96 Cr ▲ 9%
Net profit · FY 2025
₹5.95 Lakh margin 1%
EBITDA · FY 2025
₹18.57 Lakh margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 198%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 93%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin3.1%
Net Profit Margin1%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Boda PravallikaDirector12 Sep 20215 Years 1 MonthsCurrent
Sumana PatiDirector29 Feb 20242 Years 7 MonthsCurrent
Veera Venkata Satyanarayana PichikaDirector10 Oct 20224 Years 0 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh1%9.0%28Bangalore, 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.

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.

Employee count
28
Active EPFO establishments
1
Employee growth
133.33%

GST

Qenit Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACQ7695Q1ZAKarnatakaActive05 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.

AGM
Qenit Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Qenit Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sumana Pati ceased to be Additional Director.
Appointed
Sumana Pati was appointed as Director.
Ceased
Balasubramanian Jeevika ceased to be Director.
Appointed
Veera Venkata Satyanarayana Pichika was appointed as Director.
Appointed
Boda Pravallika was appointed as Director.
Incorporation
12 Sep 2021
Qenit Solutions Private Limited was registered on 12 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.

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:

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.