About Statwig Technology Services Private Limited
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Statwig Technology Services Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC111090. Its GSTIN is 36AAXCS3759C1ZU (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sri Harsha Kethineni and Siddhartha Chakravarthy.
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 ₹2.27 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹12.11 Lakh (net margin 5.3%) and EBITDA of ₹19.34 Lakh (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over five years.
The company is associated with 1 brand: StaTwig.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website statwig.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No. 330/1 And 331/1 And 2 Fiat No 302 E.Block, Aparna One Apartments Old Mumbai Highway Shaikpet, Hyderabad, Telangana, India – 500008
- IndustryInformation Technology, Software Development & 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 Statwig Technology Services Private Limited
The main business activity of Statwig Technology Services 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 Statwig Technology Services Private Limited FY 2025 filings available
Statwig Technology Services Private Limited reported revenue of ₹2.27 Cr (up 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Statwig Technology Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 89% growth in the latest year. EBITDA rose 73% 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 Statwig Technology Services 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 | ₹19.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.11 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 Statwig Technology Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 Statwig Technology Services are in the company report.
Financial statements from FY 2017
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 Statwig Technology Services Private Limited
Statwig Technology Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software 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 |
|---|---|---|---|---|---|---|
| Tatvaset Sainergy Consulting Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Secunderabad, Telangana, India |
| Ankai India Private Limited | ₹2.29 Cr (FY 2022) | •••• | •••• | 967.0% | •••• | Gurgaon, Haryana, India |
| Teqsar Private Limited | ₹2.28 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Hyderabad, Telangana, India |
| Creatif Technologies Private Limited | ₹2.28 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Mahape Navi Mumbai, Maharashtra, India |
| Mistral Technologies Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Statwig Technology Services Private Limited this company | ₹2.27 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | Hyderabad, Telangana, India |
| Bened Software Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Dgraph Labs India Private Limited | ₹2.27 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Lionorbit Tech Solutions Private Limited | ₹2.27 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Vectorform Software Private Limited | ₹2.26 Cr (FY 2019) | •••• | •••• | -38.0% | •••• | Hyderabad, Telangana, India |
| Cubictree Technology Solutions Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Statwig Technology Services by revenue in the Information Technology industry (Software 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 Statwig Technology Services Private Limited
Statwig Technology Services Private Limited is audited by NVSR & Associates LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NVSR & Associates LLP | 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 Statwig Technology Services Private Limited
Statwig Technology Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sri Harsha Kethineni Also directs: R K Brunda Universal Private Limited, RK Universal Private Limited, RK Advanced Manufacturing Solutions Private Limited and 1 more | Director | 24 May 2022 | 4 Years 4 Months | Current |
| Siddhartha Chakravarthy Also directs: Dayli Health Tech Solutions LLP | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
| Kuram Dhruthi Also directs: Dayli Health Tech Solutions LLP | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Statwig Technology Services 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 Statwig Technology Services Private Limited
Statwig Technology Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Statwig Technology Services Private Limited
Statwig Technology Services operates one associated brand: StaTwig. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| StaTwig is focused on blockchain-powered supply chain transparency solutions. | statwig.com |
Employees and EPFO Compliance at Statwig Technology Services Private Limited
Employment history and EPFO contributions of people linked to Statwig Technology Services.
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.
News related to Statwig Technology Services Private Limited
Recent Activity on Statwig Technology Services Private Limited
Statwig Technology Services Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Sri Harsha Kethineni was appointed as Director on 24 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Statwig Technology Services 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 Statwig Technology Services 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 Statwig Technology Services 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 Statwig Technology Services Private Limited
Statwig Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAXCS3759C1ZU | Telangana | Active | 02 Nov 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 Statwig Technology Services 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 Statwig Technology Services Private Limited
Statwig Technology Services 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 25 July 2016 (10+ years old) and is registered under CIN U74999TG2016PTC111090.
Statwig Technology Services reported revenue of ₹2.27 Cr for FY 2024 (up 89% YoY).
Statwig Technology Services has 3 current directors:
- Sri Harsha Kethineni - Director
- Siddhartha Chakravarthy - Director
- Kuram Dhruthi - Director
Statwig Technology Services reported a net profit of ₹12.11 Lakh (net margin 5.3%) and EBITDA of ₹19.34 Lakh (EBITDA margin 8.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Statwig Technology Services is 30% over five years. In the latest year (FY 2024) revenue rose 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Statwig Technology Services is 36AAXCS3759C1ZU, registered in Telangana.
The CIN (Corporate Identification Number) of Statwig Technology Services is U74999TG2016PTC111090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Statwig Technology Services was incorporated on 25 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Statwig Technology Services by revenue are Tatvaset Sainergy Consulting Private Limited, Ankai India Private Limited, Teqsar Private Limited, Creatif Technologies Private Limited, Mistral Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).
Sri Harsha Kethineni was appointed as Director on 24 May 2022. Kuram Dhruthi was appointed as Director on 25 Jul 2016. Siddhartha Chakravarthy was appointed as Director on 25 Jul 2016.
Yes, Statwig Technology Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).