Webvirinchi IT Solutions Private Limited
About Webvirinchi IT Solutions Private Limited
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Webvirinchi IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 06 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC101571.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karnakar Reddy Banda and Sri Priya Goli.
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 13 – 1 – 67/13/1 3rd Floor Mr Homes Avanthi Nagar, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.94 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹20,174 (net margin 1%) and EBITDA of ₹34,604 (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 34% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Webvirinchi IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address13 – 1 – 67/13/1 3rd Floor Mr Homes Avanthi Nagar, Hyderabad, Telangana, India – 500018
- IndustrySoftware, Software Development, Software Publishing
To see the full contact details of Webvirinchi 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
Business activity
The main business activity of Webvirinchi 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 Webvirinchi IT Solutions Private Limited, buy the company report.
Financials of Webvirinchi IT Solutions Private Limited
FY 2021 filings availableWebvirinchi IT Solutions Private Limited reported revenue of ₹19.94 Lakh (up 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 4% growth in the latest year. EBITDA fell 39% 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
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| EBITDA | ₹34,604 | ||||
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| Net Profit (PAT) | ₹20,174 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Webvirinchi IT Solutions Private Limited, buy the company report.
Board of directors of Webvirinchi IT Solutions Private Limited
Webvirinchi IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karnakar Reddy Banda | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
| Sri Priya Goli | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Webvirinchi IT Solutions Private Limited is compared with the 8 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Chip Logic Technologies Private Limited | ₹19.95 Lakh (FY 2024) | 14.0% | Nagpur, Maharashtra, India | |||
| Uniplay Digital Games Private Limited | ₹19.94 Lakh (FY 2024) | -31.0% | Mumbai, Maharashtra, India | |||
| Recosense Labs India Private Limited | ₹19.94 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Chakra Biztech Solutions Private Limited | ₹19.94 Lakh (FY 2024) | -19.0% | Chennai, Tamil Nadu, India | |||
| Webvirinchi IT Solutions Private Limitedthis company | ₹19.94 Lakh (FY 2021) | ₹20,174 | 1% | 4.0% | Hyderabad, Telangana, India | |
| Bapna House Designs and Lifestyles Private Limited | ₹19.93 Lakh (FY 2025) | 24.0% | Indore, Madhya Pradesh, India | |||
| Uruvi Digital Private Limited | ₹19.93 Lakh (FY 2024) | 785.0% | Delhi, India | |||
| Anaistech Services (OPC) Private Limited | ₹19.93 Lakh (FY 2021) | 86.0% | Udaipur, Rajasthan, India | |||
| NTM Digital Solution Private Limited | ₹19.93 Lakh (FY 2024) | 2.0% | Delhi, India |
To see the full peer comparison of Webvirinchi IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Webvirinchi 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 Webvirinchi IT Solutions 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 Webvirinchi IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Webvirinchi IT Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Karnakar Reddy Banda was appointed as Director on 06 Nov 2015.
Frequently asked questions
Webvirinchi IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in software development, within the software industry. It was incorporated on 06 November 2015 (11+ years old) and is registered under CIN U72200TG2015PTC101571.
Webvirinchi IT Solutions has 2 current directors:
- Karnakar Reddy Banda - Director
- Sri Priya Goli - Director
The latest financial statements of Webvirinchi 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Webvirinchi IT Solutions is U72200TG2015PTC101571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Webvirinchi IT Solutions was incorporated on 06 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Webvirinchi IT Solutions by revenue are Chip Logic Technologies Private Limited, Uniplay Digital Games Private Limited, Recosense Labs India Private Limited, Chakra Biztech Solutions Private Limited, Bapna House Designs and Lifestyles Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Karnakar Reddy Banda was appointed as Director on 06 Nov 2015. Sri Priya Goli was appointed as Director on 06 Nov 2015.
The registered office of Webvirinchi IT Solutions is at 13 – 1 – 67131 3rd Floor Mr Homes Avanthi Nagar, Hyderabad, Telangana, India – 500018.
Webvirinchi IT Solutions operates in the software industry, in the software development segment.
The compliance status of Webvirinchi IT Solutions is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.
Webvirinchi IT Solutions can be reached at its registered office: 13 – 1 – 67131 3rd Floor Mr Homes Avanthi Nagar, Hyderabad, Telangana, India – 500018.