About Acs Technologies Limited
Data last updated:
Acs Technologies Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 June 1980.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1980PLC002703. Its GSTIN is 36AABCA7236N1ZF (Telangana). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹27 Cr and a paid-up capital of ₹26.99 Cr. It was formerly known as Applied Computer Science Organisation Pvt Ltd and Acs Technologies Pvt Limited. It was led by directors including Anitha Alokam (Whole-Time Director) and Srinivasan Neti.
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 was at Level 7 Pardha Picasa Durgam Cheruvu Roard Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2022, the company reported a revenue of ₹67.15 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 1.7%) and EBITDA of ₹5.39 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
The company had about 195 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: ACS Technologies. As per MCA filings, the company had satisfied charges of ₹11.81 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
The last known website on record is acstechnologies.co.in.
Company details
Name history
Acs Technologies has undergone 2 name changes throughout its history. The company was previously known as Applied Computer Science Organisation Pvt Ltd, and Acs Technologies Pvt Limited. The current legal name is Acs Technologies Limited.
| Company Name | Status |
|---|---|
| Acs Technologies Limited | Current |
| Applied Computer Science Organisation Pvt Ltd | Previous |
| Acs Technologies Pvt Limited | Previous |
CIN history
Acs Technologies has one previous CIN (Corporate Identification Number): U72200AP1980PLC002703. The current CIN is U72200TG1980PLC002703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1980PLC002703 | Current |
| U72200AP1980PLC002703 | Previous |
Contact details
Acs Technologies Limited's registered office is in Hyderabad, Telangana. Its website is acstechnologies.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 7 Pardha Picasa Durgam Cheruvu Roard Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services, IT Infrastructure Management & Services
To see the full contact details of Acs Technologies 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
Brands
Acs Technologies operates one associated brand: ACS Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions and services are provided for infrastructure and security. | acstechnologies.co.in |
Business activity
The main business activity of Acs Technologies 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 Acs Technologies Limited, buy the company report.
Financials of Acs Technologies Limited
FY 2022 filings availableAcs Technologies Limited reported revenue of ₹67.15 Cr (up 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 4% growth in the latest year. EBITDA fell 17% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹5.39 Cr | ||||
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| Net Profit (PAT) | ₹1.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Acs Technologies Limited, buy the company report.
Board of directors and KMP of Acs Technologies Limited
Acs Technologies Limited currently reports 4 directors and 2 key managerial personnel. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Neti Also directs: Acs Technologies Limited, Iotiq Innovations Private Limited | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
| Ashok Kumar Buddharaju Also directs: Acs Technologies Limited, Iotiq Innovations Private Limited, Innovistas Innovations Private Limited and 2 more | Ceo | 01 Mar 2019 | 7 Years 7 Months | As last reported |
| Prabhakara Rao Alokam Also directs: GSS Infotech Limited, Bluenine Infra Technologies Private Limited | Cfo | 01 Mar 2019 | 7 Years 7 Months | As last reported |
| Chalagalla Venkata Satyanarayana Murthy Also directs: Acs Technologies Limited | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
| Bhaskarakishore Varma Mantena Also directs: Udgha Management Private Limited | Director | 09 Jun 2022 | 4 Years 4 Months | As last reported |
| Anitha Alokam Also directs: Acs Technologies Limited | Whole-Time Director | 25 Jul 2015 | 11 Years 2 Months | As last reported |
Auditor
Acs Technologies Limited is audited by M M REDDY & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M REDDY & CO. | FY 2022 | 010371S |
Shareholding
The shareholding of Acs Technologies Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acs Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2017 | 100109384 | Axis Bank Limited | ₹6.7 Cr | Satisfied | |
| 22 Nov 2014 | 10533703 | Hdfc Bank Limited | ₹1.2 Cr | Satisfied | |
| 25 Nov 2011 | 10320296 | The Cosmos Co-Operative Bank Ltd | ₹50 Lakh | Satisfied | |
| 20 Apr 2009 | 10161361 | Vijaya Bank | ₹40 Lakh | Satisfied | |
| 22 Aug 2001 | 90128117 | Citi Bank Na; | ₹3 Cr | Satisfied |
To see the full charge records of Acs Technologies Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Acs Technologies Limited has 5 court cases on record: 5 filed by Acs Technologies. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Psar Communication Pvt Ltd and 2 others | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Psar Communication Pvt Ltd and 2 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against State of Telangana and 2 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Assistant Provident Fund Commissioenr (Enforcement), and 1 other | Disposed |
To see the full case history of Acs Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acs Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Acs Technologies has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Iotiq Innovations Private Limited | U72200TG2018PTC126920 |
To see the full group structure of Acs Technologies Limited, buy the company report.
Employees & EPFO
Acs Technologies Limited has a workforce of 195 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Acs Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCA7236N1ZF | Telangana | Active | 01 Jul 2017 |
| 37AABCA7236N1ZD | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acs Technologies Limited, buy the company report.
Recent activity
Acs Technologies Limited has 21 board changes on record since 2010: 6 appointments and 15 cessations. The latest: Venkata Nagarjuna Pavuluri ceased to be Company Secretary on 27 Mar 2023.
24 earlier events are in the company report.
News
Frequently asked questions
Acs Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Acs Technologies was a public limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 04 June 1980 and is registered under CIN U72200TG1980PLC002703. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Acs Technologies was incorporated on 04 June 1980. It is registered with the Registrar of Companies, Hyderabad.
Acs Technologies had 6 directors and KMP:
- Anitha Alokam - Whole-Time Director
- Srinivasan Neti - Director
- Chalagalla Venkata Satyanarayana Murthy - Director
- Bhaskarakishore Varma Mantena - Director
- Ashok Kumar Buddharaju - Ceo
- Prabhakara Rao Alokam - Cfo
The CIN (Corporate Identification Number) of Acs Technologies is U72200TG1980PLC002703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Acs Technologies is at Level 7 Pardha Picasa Durgam Cheruvu Roard Madhapur, Hyderabad, Telangana, India – 500081.
Acs Technologies can be reached through the website acstechnologies.co.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Acs Technologies 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 2015 are in the company report.
The GSTIN of Acs Technologies is 36AABCA7236N1ZF, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AABCA7236N1ZD (Andhra Pradesh).
Acs Technologies operated in the information technology industry, in the IT consulting and support services segment.