Startup India Government of India
Quantumware Technical Services Private Limited - information technology in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹93.04 Lakh
▲ 23% YoY
Net profit · FY 2025
₹9.67 Lakh
Net margin 10.4%
EBITDA · FY 2025
₹12.27 Lakh
EBITDA margin 13.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Quantumware Technical Services Private Limited
Data last updated:
Quantumware Technical Services Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2018PTC029865.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Kumar Kara and Sunanda Kumari.
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 Plot No – B – 34 First Floor Bda Duplex Baramunda, Bhubaneswar, Odisha, India – 751003.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.04 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹9.67 Lakh (net margin 10.4%) and EBITDA of ₹12.27 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years and 43% over five years.
For more details, the company can be reached via its website quantumware.in.
Company Details of Quantumware Technical Services Private Limited
CIN U72900OR2018PTC029865
Registration Number 029865
Incorporation Date 13 November 2018
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Sunil Kumar Kara Director Sunanda Kumari Director Recognitions & Rankings of Quantumware Technical Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No – B – 34 First Floor Bda Duplex Baramunda, Bhubaneswar, Odisha, India – 751003
- IndustryInformation Technology, Application Development & Software Solutions
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Business Activity of Quantumware Technical Services Private Limited
The main business activity of Quantumware Technical Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Quantumware Technical Services Private Limited FY 2025 filings available
Quantumware Technical Services Private Limited reported revenue of ₹93.04 Lakh (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹93.04 Lakh ▲ 23%
Net profit · FY 2025
₹9.67 Lakh margin 10.4%
EBITDA · FY 2025
₹12.27 Lakh margin 13.2%
Compounded Annual Growth Rate (CAGR) of Quantumware Technical Services Private Limited
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 106%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 35%
5 years · compounded
▲ 91%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 23% growth in the latest year. EBITDA rose 54% 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 Quantumware Technical Services Private Limited
| 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 | ₹12.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.67 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 of Quantumware Technical Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• | •••• |
| 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 Quantumware Technical Services are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Quantumware Technical Services Private Limited
Quantumware Technical Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Kara | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Sunanda Kumari Also directs: Varnak E-Commerce Solutions Private Limited | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
Peer Comparison of Quantumware Technical Services Private Limited
Quantumware Technical Services Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recurr Studio Private Limited | ₹93.26 Lakh (FY 2024) | •••• | •••• | 206.0% | •••• | Bengaluru, Karnataka, India |
| Tangerine Creative Lab Private Limited | ₹93.21 Lakh (FY 2025) | •••• | •••• | 6053.0% | •••• | Gurgaon, Haryana, India |
| Kirnani Technologies Private Limited | ₹93.2 Lakh (FY 2025) | •••• | •••• | 194.0% | •••• | Ajmer, Rajasthan, India |
| Viral Vision Private Limited | ₹93.07 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Chandrapur, Maharashtra, India |
| Floor Assist Online Marketing Private Limited | ₹93.07 Lakh (FY 2025) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| Quantumware Technical Services Private Limited this company | ₹93.04 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Bhubaneswar, Odisha, India |
| Ethereal Corporate Network Private Limited | ₹93.03 Lakh (FY 2024) | •••• | •••• | 650.0% | •••• | Durg, Chhattisgarh, India |
| Prime Slots Events Private Limited | ₹92.99 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Panjim, Goa, India |
| Ripple Digital Private Limited | ₹92.97 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Mumbai, Maharashtra, India |
| Vasm Advertising Private Limited | ₹92.83 Lakh (FY 2020) | •••• | •••• | 75.0% | •••• | Lucknow, Uttar Pradesh, India |
| Way Wedesign Private Limited | ₹92.78 Lakh (FY 2024) | •••• | •••• | 61.0% | •••• | Kochi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Quantumware Technical Services by revenue in the Media and Publishing industry (Advertising Agencies), 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 Quantumware Technical Services Private Limited
Quantumware Technical Services Private Limited is audited by R D A & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R D A & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Quantumware Technical Services Private Limited
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Charges & Borrowings of Quantumware Technical Services Private Limited
Quantumware Technical Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Quantumware Technical Services Private Limited
Employment history and EPFO contributions of people linked to Quantumware Technical Services.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Quantumware Technical Services Private Limited
Quantumware Technical Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sunanda Kumari was appointed as Director on 13 Nov 2018.
AGM
Quantumware Technical Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quantumware Technical Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Appointed
Sunanda Kumari was appointed as Director.
Appointed
Sunil Kumar Kara was appointed as Director.
Incorporation
13 Nov 2018
Quantumware Technical Services Private Limited was registered on 13 Nov 2018 with Roc Cuttack & aged 7 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Quantumware Technical Services Private Limited
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MSME Payment Delays by Quantumware Technical Services Private Limited
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Subsidiaries & Group Companies of Quantumware Technical Services Private Limited
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GST Compliance of Quantumware Technical Services Private Limited
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MCA Filings & Documents of Quantumware Technical Services Private Limited
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Frequently Asked Questions about Quantumware Technical Services Private Limited
Quantumware Technical Services is an active private limited company based in Bhubaneswar, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under CIN U72900OR2018PTC029865.
Quantumware Technical Services reported revenue of ₹93.04 Lakh for FY 2025 (up 23% YoY).
Quantumware Technical Services has 2 current directors:
- Sunil Kumar Kara - Director
- Sunanda Kumari - Director
Quantumware Technical Services reported a net profit of ₹9.67 Lakh (net margin 10.4%) and EBITDA of ₹12.27 Lakh (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quantumware Technical Services is 106% over three years and 43% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Quantumware Technical Services is U72900OR2018PTC029865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quantumware Technical Services was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Quantumware Technical Services by revenue are Recurr Studio Private Limited, Tangerine Creative Lab Private Limited, Kirnani Technologies Private Limited, Viral Vision Private Limited, Floor Assist Online Marketing Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Sunanda Kumari was appointed as Director on 13 Nov 2018. Sunil Kumar Kara was appointed as Director on 13 Nov 2018.
Yes, Quantumware Technical Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Quantumware Technical Services can be reached through the website quantumware.in. Its registered office is in Bhubaneswar, Odisha, India.