Techglance Innovation Private Limited
About Techglance Innovation Private Limited
Data last updated:
Techglance Innovation Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 01 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC141282.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srinivasarao Palakurthy and Nidiganti Venkata Lakshmamma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.68 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹10,534 (net margin 1.9%) and EBITDA of ₹10,534 (EBITDA margin 1.9%).
Company details
Contact details
Techglance Innovation Private Limited's registered office is in Secunderabad, Telangana.
- Registered AddressEstate Builders Moghal Hotels, 1 – 8 – 382 Lg/C Ground Floor Queens Plaza Patigadda Begumpet, Secunderabad, Telangana, India – 500003
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Techglance Innovation is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Techglance Innovation Private Limited, buy the company report.
Financials of Techglance Innovation Private Limited
FY 2024 filings availableTechglance Innovation Private Limited reported revenue of ₹5.68 Lakh (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year. EBITDA rose 111% 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 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 | ₹10,534 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10,534 | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.9% | |||
| Net Profit Margin | 1.9% | |||
| 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 Techglance Innovation Private Limited, buy the company report.
Board of directors of Techglance Innovation Private Limited
Techglance Innovation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasarao Palakurthy | Additional Director | 05 Aug 2025 | 1 Years 2 Months | Current |
| Nidiganti Venkata Lakshmamma Also directs: Arv Software Solutions Private Limited | Additional Director | 05 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Techglance Innovation Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zippydev Software Solutions Private Limited | ₹5.71 Lakh (FY 2019) | -85.0% | Hyderabad, Telangana, India | |||
| Attribution Private Limited | ₹5.71 Lakh (FY 2024) | -21.0% | Raipur, Chhattisgarh, India | |||
| Arnou Solitary (OPC) Private Limited | ₹5.71 Lakh (FY 2025) | -71.0% | Udaipur, Rajasthan, India | |||
| Concise Consultancy Services Private Limited | ₹5.69 Lakh (FY 2016) | Virugambakkam, Chennai-92., Tamil Nadu, India | ||||
| Xlabz Technologies Private Limited | ₹5.68 Lakh (FY 2024) | -34.0% | Puducherry, India | |||
| Techglance Innovation Private Limitedthis company | ₹5.68 Lakh (FY 2024) | ₹10,534 | 1.9% | 30.0% | Secunderabad, Telangana, India | |
| Humble Innovations Private Limited | ₹5.67 Lakh (FY 2023) | 5176.0% | Ernakulam, Kerala, India | |||
| Retro Hap Private Limited | ₹5.67 Lakh (FY 2018) | Bhubaneswar, Odisha, India | ||||
| Locus Technologies Private Limited | ₹5.67 Lakh (FY 2024) | -2.0% | Chennai, Tamil Nadu, India | |||
| Cinkal Tech Solutions Private Limited | ₹5.67 Lakh (FY 2023) | 258.0% | Chandigarh, India | |||
| Aprikiwi Solutions Private Limited | ₹5.66 Lakh (FY 2023) | Adambakkam, Tamil Nadu, India |
To see the full peer comparison of Techglance Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techglance Innovation 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 Techglance Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Techglance Innovation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Techglance Innovation Private Limited has 4 board changes on record since 2025: 2 appointments and 2 cessations. The latest: Krishnaveni Grandhi ceased to be Director on 11 Aug 2025.
Frequently asked questions
Techglance Innovation is an active private limited company based in Secunderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 01 July 2020 (6+ years old) and is registered under CIN U72900TG2020PTC141282.
Techglance Innovation has 2 current directors:
- Srinivasarao Palakurthy - Additional Director
- Nidiganti Venkata Lakshmamma - Additional Director
The latest financial statements of Techglance Innovation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Techglance Innovation is U72900TG2020PTC141282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techglance Innovation was incorporated on 01 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Techglance Innovation by revenue are Zippydev Software Solutions Private Limited, Attribution Private Limited, Arnou Solitary (OPC) Private Limited, Concise Consultancy Services Private Limited, Xlabz Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Krishnaveni Grandhi ceased to be Director on 11 Aug 2025. Mahesh Grandhi ceased to be Director on 11 Aug 2025. Nidiganti Venkata Lakshmamma was appointed as Additional Director on 05 Aug 2025. Techglance Innovation has 4 board changes on record in total.
The registered office of Techglance Innovation is at Estate Builders Moghal Hotels, 1 – 8 – 382 LgC Ground Floor Queens Plaza Patigadda Begumpet, Secunderabad, Telangana, India – 500003.
Techglance Innovation operates in the information technology industry, in the other computer related activities segment.
Techglance Innovation can be reached at its registered office: Estate Builders Moghal Hotels, 1 – 8 – 382 LgC Ground Floor Queens Plaza Patigadda Begumpet, Secunderabad, Telangana, India – 500003.
Techglance Innovation is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.