About Snippets IT Solutions Private Limited
Data last updated:
Snippets IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PTC088730. Its GSTIN is 36AATCS4582M1ZE (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Kulpreet Kaur (Whole-Time Director) and Sandhya Sree Kodali.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.18 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Lakh (net margin 0.7%) and EBITDA of ₹7.44 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website snippettechnologies.com.
CIN History of Snippets IT Solutions Private Limited
Snippets IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2013PTC088730. The current CIN is U72200TG2013PTC088730, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2013PTC088730 | Current |
| U72200AP2013PTC088730 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSmartpace The Platina Building, Suite B – 1003 Level – 10, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, 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
- One PDF report, delivered after checkout
Business Activity of Snippets IT Solutions Private Limited
The main business activity of Snippets IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Snippets IT Solutions Private Limited FY 2021 filings available
Snippets IT Solutions Private Limited reported revenue of ₹2.18 Cr (up 37% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Snippets IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 37% growth in the latest year. EBITDA fell 17% 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 Snippets IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹7.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.43 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 Snippets IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Snippets IT Solutions 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.
Board of Directors of Snippets IT Solutions Private Limited
Snippets IT Solutions 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 |
|---|---|---|---|---|
| Kulpreet Kaur | Whole-Time Director | 01 Jul 2013 | 13 Years 3 Months | Current |
| Sandhya Sree Kodali | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
Peer Comparison of Snippets IT Solutions Private Limited
Snippets IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wintronix Solutions (OPC) Private Limited | ₹2.18 Cr (FY 2020) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Iquest Solutions Private Limited | ₹2.18 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
| Vriba Technologies Private Limited | ₹2.18 Cr (FY 2025) | •••• | •••• | 472.0% | •••• | Pune, Maharashtra, India |
| Aleeva Retail Solutions LLP | ₹2.18 Cr (FY 2019) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Arka Information Systems Private Limited | ₹2.18 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Hyderabad, Telangana, India |
| Snippets IT Solutions Private Limited this company | ₹2.18 Cr (FY 2021) | •••• | •••• | 37.0% | •••• | Hyderabad, Telangana, India |
| Glarus Technologies Private Limited | ₹2.18 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Group Fio (India) Private Limited | ₹2.17 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| Netqom Software Private Limited | ₹2.17 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Chandigarh, India |
| Aplomb Tech Solutions Private Limited | ₹2.17 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Neurapses Technologies Private Limited | ₹2.17 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Snippets IT Solutions by revenue in the Information Technology industry (IT Consulting and Services), 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 Snippets IT Solutions Private Limited
Snippets IT Solutions Private Limited is audited by ADUKIA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ADUKIA & 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.
Ownership and Shareholding of Snippets IT Solutions 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 Snippets IT Solutions Private Limited
Snippets IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Snippets IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Snippets IT Solutions.
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.
Group Structure of Snippets IT Solutions Private Limited
Snippets IT Solutions has 2 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Recent Activity on Snippets IT Solutions Private Limited
Snippets IT Solutions Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Sandhya Sree Kodali was appointed as Director on 27 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Snippets IT Solutions 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 Snippets IT Solutions 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 Snippets IT Solutions 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 Snippets IT Solutions Private Limited
Snippets IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AATCS4582M1ZE | 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 Snippets IT Solutions 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 Snippets IT Solutions Private Limited
Snippets IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 July 2013 (13+ years old) and is registered under CIN U72200TG2013PTC088730.
Snippets IT Solutions reported revenue of ₹2.18 Cr for FY 2021 (up 37% YoY).
Snippets IT Solutions has 2 current directors:
- Kulpreet Kaur - Whole-Time Director
- Sandhya Sree Kodali - Director
Snippets IT Solutions reported a net profit of ₹1.43 Lakh (net margin 0.7%) and EBITDA of ₹7.44 Lakh (EBITDA margin 3.4%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Snippets IT Solutions is 38% over three years and 12% over five years. In the latest year (FY 2021) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Snippets IT Solutions is 36AATCS4582M1ZE, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Snippets IT Solutions is U72200TG2013PTC088730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snippets IT Solutions was incorporated on 01 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Snippets IT Solutions by revenue are Wintronix Solutions (OPC) Private Limited, Iquest Solutions Private Limited, Vriba Technologies Private Limited, Aleeva Retail Solutions LLP, Arka Information Systems Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Sandhya Sree Kodali was appointed as Director on 27 Nov 2018. Suresh Kumar Chiralapu ceased to be Director on 27 Nov 2018. Kulpreet Kaur ceased to be Director on 01 Jan 2014. Snippets IT Solutions has 4 board changes on record in total.
Snippets IT Solutions can be reached through the website snippettechnologies.com. Its registered office is in Hyderabad, Telangana, India.