About Troposphere Solutions Private Limited
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Troposphere Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC138934.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mithila Venkatesh Murthy and Sharath Madhuranath.
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 # Tf 20/6 11th Cross Raghavendra Lyt Bask II Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹4.76 Lakh (net margin 2.6%) and EBITDA of ₹8.05 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 174% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website tropospheresolutions.io.
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- Website
- Social Media
- Registered Address# Tf 20/6 11th Cross Raghavendra Lyt Bask II Stage, Bangalore, Karnataka, India – 560070
- 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 Troposphere Solutions Private Limited
The main business activity of Troposphere Solutions 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 | 62 | 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 Troposphere Solutions Private Limited FY 2024 filings available
Troposphere Solutions Private Limited reported revenue of ₹1.8 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Troposphere Solutions Private Limited
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 174%. EBITDA rose 198% 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 Troposphere Solutions Private Limited
| Metrics | FY 2024-25 | 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 | ₹8.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.76 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 Troposphere Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Troposphere Solutions are in the company report.
Financial statements from FY 2021
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 Troposphere Solutions Private Limited
Troposphere Solutions 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 |
|---|---|---|---|---|
| Mithila Venkatesh Murthy | Director | 30 Jun 2022 | 4 Years 3 Months | Current |
| Sharath Madhuranath Also directs: Magnasphere Private Limited | Director | 23 Sep 2020 | 6 Years 0 Months | Current |
Peer Comparison of Troposphere Solutions Private Limited
Troposphere Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Id Softsource India Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Coimbatore, Tamil Nadu, India |
| Bsa Technology Private Limited | ₹1.81 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Zanec Soft Tech Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | 2251.0% | •••• | Chennai, Tamil Nadu, India |
| Styava Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Livingpoint Sales Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Delhi, India |
| Troposphere Solutions Private Limited this company | ₹1.8 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
| Aidrone Private Limited | ₹1.8 Cr (FY 2022) | •••• | •••• | 2131.0% | •••• | Pathanamthitta, Kerala, India |
| Zenscale Technologies Private Limited | ₹1.8 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Ludhiana, Punjab, India |
| Penta IT Solutions Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mohali, Punjab, India |
| Vaaas Global Solutions India Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Infoclade Solution Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Troposphere Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Troposphere Solutions Private Limited
Troposphere Solutions Private Limited is audited by MANISH DALMIA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANISH DALMIA & 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 Troposphere 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 Troposphere Solutions Private Limited
Troposphere Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Troposphere Solutions Private Limited
Troposphere Solutions Private Limited has a workforce of 19 employees as of Apr 05, 2024.
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.
Recent Activity on Troposphere Solutions Private Limited
Troposphere Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Mithila Venkatesh Murthy ceased to be Additional Director on 29 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Troposphere 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 Troposphere 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 Troposphere 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 Troposphere Solutions Private Limited
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 Troposphere 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 Troposphere Solutions Private Limited
Troposphere Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 September 2020 (6+ years old) and is registered under CIN U72900KA2020PTC138934.
Troposphere Solutions reported revenue of ₹1.8 Cr for FY 2025 (down 40% YoY).
Troposphere Solutions has 2 current directors:
- Mithila Venkatesh Murthy - Director
- Sharath Madhuranath - Director
Troposphere Solutions reported a net profit of ₹4.76 Lakh (net margin 2.6%) and EBITDA of ₹8.05 Lakh (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Troposphere Solutions is 174% over three years. In the latest year (FY 2025) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Troposphere Solutions is U72900KA2020PTC138934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Troposphere Solutions was incorporated on 23 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Troposphere Solutions by revenue are Id Softsource India Private Limited, Bsa Technology Private Limited, Zanec Soft Tech Private Limited, Styava Private Limited, Livingpoint Sales Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Mithila Venkatesh Murthy ceased to be Additional Director on 29 Sep 2022. Anita Prabhakar Kulkarni ceased to be Director on 01 Jul 2022. Mithila Venkatesh Murthy was appointed as Director on 30 Jun 2022. Troposphere Solutions has 4 board changes on record in total.
Troposphere Solutions can be reached through the website tropospheresolutions.io. Its registered office is in Bangalore, Karnataka, India.
The registered office of Troposphere Solutions is at # Tf 206 11th Cross Raghavendra Lyt Bask II Stage, Bangalore, Karnataka, India – 560070.