Technodeed IT Services Private Limited
About Technodeed IT Services Private Limited
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Technodeed IT Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2019PTC134377. Its GSTIN is 36AAHCT4418K1Z2 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Somaiah Vanguru and Dhamodar Vanguri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 4th Floor Unit No.404 Ace Crystal Mohan Nagar Vijayapuri Colony, Hyderabad, Telangana, India – 500035.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.66 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹7.2 Lakh (net margin 2%) and EBITDA of ₹26.52 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years.
The company has about 26 employees on its provident fund (EPFO) records.
Company details
Contact details
Technodeed IT Services Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Unit No.404 Ace Crystal Mohan Nagar Vijayapuri Colony, Hyderabad, Telangana, India – 500035
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Technodeed IT Services 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
Business activity
The main business activity of Technodeed IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Technodeed IT Services Private Limited, buy the company report.
Financials of Technodeed IT Services Private Limited
FY 2023 filings availableTechnodeed IT Services Private Limited reported revenue of ₹3.66 Cr (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 159% over three years, including 27% growth in the latest year. EBITDA rose 75% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.66 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹26.52 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.2 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.2% | |||
| Net Profit Margin | 2% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Technodeed IT Services Private Limited, buy the company report.
Board of directors of Technodeed IT Services Private Limited
Technodeed IT Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somaiah Vanguru Also directs: Rexsoft Solutions Private Limited | Director | 19 Feb 2022 | 4 Years 8 Months | Current |
| Dhamodar Vanguri Also directs: Study Away Private Limited, Rexsoft Solutions Private Limited | Director | 26 Jul 2019 | 7 Years 2 Months | Current |
Auditor
Technodeed IT Services Private Limited is audited by SRIRANG HEDA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIRANG HEDA AND CO | FY 2023 | 016729S |
Shareholding
The shareholding of Technodeed IT Services Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Technodeed IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Technodeed IT Services 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 Technodeed IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Technodeed IT Services Private Limited has a workforce of 26 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Technodeed IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCT4418K1Z2 | Telangana | Active | 01 Feb 2021 |
To see the full GST registrations and return filing status of Technodeed IT Services Private Limited, buy the company report.
Recent activity
Technodeed IT Services Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Sunny Chandi ceased to be Director on 21 Feb 2022.
Frequently asked questions
Technodeed IT Services is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 July 2019 (7+ years old) and is registered under CIN U74999TG2019PTC134377.
Technodeed IT Services has 2 current directors:
- Somaiah Vanguru - Director
- Dhamodar Vanguri - Director
The latest financial statements of Technodeed IT Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Technodeed IT Services is 36AAHCT4418K1Z2, registered in Telangana.
The CIN (Corporate Identification Number) of Technodeed IT Services is U74999TG2019PTC134377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technodeed IT Services was incorporated on 26 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sunny Chandi ceased to be Director on 21 Feb 2022. Somaiah Vanguru was appointed as Director on 19 Feb 2022. Dhamodar Vanguri was appointed as Director on 26 Jul 2019.
The registered office of Technodeed IT Services is at 4th Floor Unit No.404 Ace Crystal Mohan Nagar Vijayapuri Colony, Hyderabad, Telangana, India – 500035.
Technodeed IT Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Technodeed IT Services can be reached at its registered office: 4th Floor Unit No.404 Ace Crystal Mohan Nagar Vijayapuri Colony, Hyderabad, Telangana, India – 500035.