Vak IT Systems Private Limited
About Vak IT Systems Private Limited
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Vak IT Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 15 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC136077. Its GSTIN is 36AAHCV1321P1Z2 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayalaxmi Bheemanathi and Satya Vooredi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H No – 9 – 9 – 188 Road No – 1/A Reddy Colony Champapet Near Maruthi Hospital, Hyderabad, Telangana, India – 500079.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.53 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹30.6 Lakh (net margin 12.1%) and EBITDA of ₹31.44 Lakh (EBITDA margin 12.4%).
Company details
Contact details
Vak IT Systems Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH No – 9 – 9 – 188 Road No – 1/A Reddy Colony Champapet Near Maruthi Hospital, Hyderabad, Telangana, India – 500079
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Vak IT Systems 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 Vak IT Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Vak IT Systems Private Limited, buy the company report.
Financials of Vak IT Systems Private Limited
FY 2022 filings availableVak IT Systems Private Limited reported revenue of ₹2.53 Cr (up 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 90% in the latest year. EBITDA rose 204% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹31.44 Lakh | ||
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| Net Profit (PAT) | ₹30.6 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||
| EBITDA Margin | 12.4% | ||
| Net Profit Margin | 12.1% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Vak IT Systems Private Limited, buy the company report.
Board of directors of Vak IT Systems Private Limited
Vak IT Systems 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 |
|---|---|---|---|---|
| Jayalaxmi Bheemanathi | Director | 10 Sep 2021 | 5 Years 1 Months | Current |
| Satya Vooredi | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Vak IT Systems Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultimatecal Technologies Private Limited | ₹2.53 Cr (FY 2025) | 0.0% | Ernakulam, Kerala, India | |||
| Quali5care and Consulting Private Limited | ₹2.53 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Vak IT Systems Private Limitedthis company | ₹2.53 Cr (FY 2022) | ₹30.6 Lakh | 12.1% | 90.0% | Hyderabad, Telangana, India | |
| Silveredge Events & Retail Private Limited | ₹2.53 Cr (FY 2024) | 54.0% | Ghaziabad, Uttar Pradesh, India | |||
| Sphere Infratech Consultancy Private Limited | ₹2.53 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Diamatrix Private Limited | ₹2.53 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Siddhartha Synergies India Private Limited | ₹2.53 Cr (FY 2021) | 112.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vak IT Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vak IT Systems 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 Vak IT Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vak IT Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCV1321P1Z2 | Telangana | Active | 26 Nov 2019 |
To see the full GST registrations and return filing status of Vak IT Systems Private Limited, buy the company report.
Recent activity
Vak IT Systems Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Srinivas Vooredi ceased to be Director on 20 Sep 2021.
Frequently asked questions
Vak IT Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 15 October 2019 (7+ years old) and is registered under CIN U72900TG2019PTC136077.
Vak IT Systems has 2 current directors:
- Jayalaxmi Bheemanathi - Director
- Satya Vooredi - Director
The latest financial statements of Vak IT Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Vak IT Systems is 36AAHCV1321P1Z2, registered in Telangana.
The CIN (Corporate Identification Number) of Vak IT Systems is U72900TG2019PTC136077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vak IT Systems was incorporated on 15 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vak IT Systems by revenue are Ultimatecal Technologies Private Limited, Quali5care and Consulting Private Limited, Silveredge Events & Retail Private Limited, Sphere Infratech Consultancy Private Limited, Diamatrix Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Srinivas Vooredi ceased to be Director on 20 Sep 2021. Jayalaxmi Bheemanathi was appointed as Director on 10 Sep 2021. Satya Vooredi was appointed as Director on 15 Oct 2019.
The registered office of Vak IT Systems is at H No – 9 – 9 – 188 Road No – 1A Reddy Colony Champapet Near Maruthi Hospital, Hyderabad, Telangana, India – 500079.
Vak IT Systems operates in the information technology industry, in the other computer related activities segment.
Vak IT Systems can be reached at its registered office: H No – 9 – 9 – 188 Road No – 1A Reddy Colony Champapet Near Maruthi Hospital, Hyderabad, Telangana, India – 500079.
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