About Stravis IT Solutions Private Limited
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Stravis IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Stravis It Solutions Inc.,. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC067006. Its GSTIN is 36AANCS8663D1ZX (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Serampally Vijaya Reddy and Kaki Ravinder Reddy.
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 P.No.1000&1001 Mjr Arcade 4 Floor Ayappa Layout Gurukul Society Khannamet (V) Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.76 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Cr (net margin 20.4%) and EBITDA of ₹1.94 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: StraVis. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.94 Cr; the latest was in March 2019. Its 3 peer companies in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is B2b Software Technologies Limited with revenue of ₹21.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stravissolutions.com.
Company details
CIN history
Stravis IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2010PTC067006. The current CIN is U72200TG2010PTC067006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2010PTC067006 | Current |
| U72200AP2010PTC067006 | Previous |
Contact details
Stravis IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is stravissolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressP.No.1000&1001 Mjr Arcade 4 Floor Ayappa Layout Gurukul Society Khannamet (V) Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Stravis IT 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
Stravis IT Solutions operates one associated brand: StraVis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides ERP development services to streamline business operations and management. | stravissolutions.com |
Business activity
The main business activity of Stravis IT 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 Stravis IT Solutions Private Limited, buy the company report.
Financials of Stravis IT Solutions Private Limited
FY 2021 filings availableStravis IT Solutions Private Limited reported revenue of ₹18.76 Cr (down 11% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 248% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹18.76 Cr | ||||
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| EBITDA | ₹1.94 Cr | ||||
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| Net Profit (PAT) | ₹3.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 20.4% | ||||
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To see the full financial statements and ratios of Stravis IT Solutions Private Limited, buy the company report.
Board of directors of Stravis IT Solutions Private Limited
Stravis IT Solutions has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Serampally Vijaya Reddy Also directs: Mareddi Consulting LLP, Ebutor Distribution Private Limited, CRSV Properties Private Limited and 2 more | Director | 13 May 2021 | 5 Years 5 Months | Current |
| Kaki Ravinder Reddy Also directs: Sunera Technologies Private Limited, Storemate Mobile Solutions Private Limited, Sunera Eseal India Private Limited and 2 more | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
| Sudheer Reddy Mareddi | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Stravis IT Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning), with 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 |
|---|---|---|---|---|---|---|
| B2b Software Technologies Limited | ₹21.66 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Expound Technivo Private Limited | ₹20.67 Cr (FY 2024) | 84.0% | Mumbai, Maharashtra, India | |||
| Stravis IT Solutions Private Limitedthis company | ₹18.76 Cr (FY 2020) | ₹3.83 Cr | 20.4% | -11.0% | 73 | Hyderabad, Telangana, India |
| Delta Sys-Tech (India) Pvt Ltd | ₹18.72 Cr (FY 2025) | 75.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Stravis IT Solutions Private Limited, buy the company report.
Auditor
Stravis IT Solutions Private Limited is audited by JAYANT & SADASHIV for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANT & SADASHIV | FY 2020 | 001297S |
Shareholding
The shareholding of Stravis IT Solutions Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stravis IT Solutions Private Limited, buy the company report.
Deals & funding
Stravis IT Solutions Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.94 Cr; the latest was in March 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Stravis IT Solutions Inc, an individual Seller: 4 individuals |
| Jun 2012 | Funding round | ₹1 Cr | Investors: an individual |
To see the full deal history of Stravis IT Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Stravis IT 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 Stravis IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stravis IT Solutions Private Limited has a workforce of 73 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Stravis IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANCS8663D1ZX | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stravis IT Solutions Private Limited, buy the company report.
Recent activity
Stravis IT Solutions Private Limited has 24 board changes on record since 2010: 4 appointments and 20 cessations. The latest: Serampally Vijaya Reddy ceased to be Additional Director on 30 Nov 2021.
15 earlier events are in the company report.
Frequently asked questions
Stravis IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN U72200TG2010PTC067006.
Stravis IT Solutions has 3 current directors:
- Serampally Vijaya Reddy - Director
- Kaki Ravinder Reddy - Director
- Sudheer Reddy Mareddi - Director
The latest financial statements of Stravis IT Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Stravis IT Solutions is 36AANCS8663D1ZX, 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 Stravis IT Solutions is U72200TG2010PTC067006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stravis IT Solutions was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Stravis IT Solutions has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹7.94 Cr; the latest was in March 2019.
The peers of Stravis IT Solutions by revenue are B2b Software Technologies Limited, Expound Technivo Private Limited, Delta Sys-Tech (India) Pvt Ltd, all in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities).
Serampally Vijaya Reddy ceased to be Additional Director on 30 Nov 2021. Serampally Vijaya Reddy was appointed as Director on 13 May 2021. Sudarsan Thyagarajan ceased to be Director on 28 Apr 2021. Stravis IT Solutions has 24 board changes on record in total.
Stravis IT Solutions can be reached through the website stravissolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Stravis IT Solutions is at P.No.1000&1001 Mjr Arcade 4 Floor Ayappa Layout Gurukul Society Khannamet V Madhapur, Hyderabad, Telangana, India – 500081.