About Absolve IT and HR Private Limited
Data last updated:
Absolve IT and HR Private Limited is a private limited company based in Hyderabad, Telangana, India. It was incorporated on 10 May 2024.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U62090TS2024PTC185342.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sravan Bonasi (Managing Director) and Sushuma Kuncharam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
For more details, the company can be reached via its website absolveit.com.
Company details
Contact details
Absolve IT and HR Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressHno 11 – 12 – 90 Road No 2 Income Tax Colony Rk Puram, Kothapet, Hyderabad, Telangana, India – 500035
- 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
Financials of Absolve IT and HR Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2024-25 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2024-25 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Absolve IT and HR Private Limited, buy the company report.
Board of directors of Absolve IT and HR Private Limited
Absolve IT and HR has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushuma Kuncharam | Whole-Time Director | 10 May 2024 | 2 Years 5 Months | Current |
| Sravan Bonasi | Managing Director | 10 May 2024 | 2 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Absolve IT and HR 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 Absolve IT and HR 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 Absolve IT and HR Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Absolve IT and HR Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Sravan Bonasi was appointed as Managing Director on 10 May 2024.
Frequently asked questions
Absolve IT and HR is an active private limited company based in Hyderabad, Telangana, India. It was incorporated on 10 May 2024 (2+ years old) and is registered under CIN U62090TS2024PTC185342.
Absolve IT and HR has 2 current directors:
- Sravan Bonasi - Managing Director
- Sushuma Kuncharam - Whole-Time Director
The latest financial statements of Absolve IT and HR on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Absolve IT and HR is U62090TS2024PTC185342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absolve IT and HR was incorporated on 10 May 2024, making it 2+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sravan Bonasi was appointed as Managing Director on 10 May 2024. Sushuma Kuncharam was appointed as Whole-Time Director on 10 May 2024.
Absolve IT and HR can be reached through the website absolveit.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Absolve IT and HR is at Hno 11 – 12 – 90 Road No 2 Income Tax Colony Rk Puram, Kothapet, Hyderabad, Telangana, India – 500035.
Absolve IT and HR is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.