About Adroit Infotech Limited
Data last updated:
Adroit Infotech Limited was a public limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Sphere Global Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software products and publishing segment of the software and technology sector. It was incorporated on 14 December 2000.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2000PLC114224. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Srilatha Reddy Sunkerneni (Whole-Time Director) and Sudhakiran Sunkerneni Reddy.
Its last annual general meeting (AGM) was held on 29 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No. A – 52 Road No. 70 Journalist Colony Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2015, the company reported a revenue of ₹9.58 Cr. For the same year it recorded a net profit of ₹12.85 Lakh (net margin 1.3%) and EBITDA of ₹41.61 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company was associated with 1 brand: Adroit Infotech. As per MCA filings, the company had open charges of ₹90 Lakh and satisfied charges of ₹57 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is adroitinfotech.com.
Company details
CIN history
Adroit Infotech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG2000PLC114224, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2000PLC114224 | Current |
| U72200TG2000PTC114224 | Previous |
| U72200PN2000PTC015633 | Previous |
Contact details
Adroit Infotech Limited's registered office is in Hyderabad, Telangana. Its website is adroitinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. A – 52 Road No. 70 Journalist Colony Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustrySoftware, Software Publishing, Software Development
To see the full contact details of Adroit Infotech 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
Adroit Infotech operates one associated brand: Adroit Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Adroit Infotech is engaged in providing SAP solutions and services. | adroitinfotech.com |
Financials of Adroit Infotech Limited
FY 2017 filings availableAdroit Infotech Limited reported revenue of ₹9.58 Cr for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years. EBITDA fell 3% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹9.58 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹41.61 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹12.85 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.3% |
| Net Profit Margin | 1.3% |
| 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 Adroit Infotech Limited, buy the company report.
Board of directors of Adroit Infotech Limited
Adroit Infotech has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakiran Sunkerneni Reddy | Director | 01 Apr 2015 | 11 Years 6 Months | As last reported |
| Sunitha Kuchakulla | Director | 22 Mar 2016 | 10 Years 7 Months | As last reported |
| Srilatha Reddy Sunkerneni Also directs: Softpoint Technologies Private Limited | Whole-Time Director | 22 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Adroit Infotech Limited is audited by P. S. Upadhye & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. S. Upadhye & Co. | FY 2015 |
Shareholding
The shareholding of Adroit Infotech Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Adroit Infotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2015 | 10598022 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 30 Mar 2012 | 10346755 | Bank of Maharashtra | ₹48 Lakh | Satisfied | |
| 29 Jan 2007 | 10038055 | Bank of Maharashtra | ₹8 Lakh | Satisfied | |
| 11 Feb 2005 | 80025009 | Bank of Maharashtra | ₹1 Lakh | Satisfied |
To see the full charge records of Adroit Infotech Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Adroit Infotech Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by M/S. Sanbrains Era Technologies Private Limited Rep. by Its M.D. Velpula Vishnu Vardhanudu | Disposed |
| District court, Hyderabad Central, Telangana | Court case (COP) | Filed against the company by individuals | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Adroit Infotech 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 Adroit Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adroit Infotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Adroit Infotech Limited, buy the company report.
Recent activity
Adroit Infotech Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Srilatha Reddy Sunkerneni ceased to be Additional Director on 30 Sep 2016.
8 earlier events are in the company report.
News
Frequently asked questions
Adroit Infotech 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.
Adroit Infotech was a public limited company based in Hyderabad, Telangana, India. The company worked in software publishing, within the software industry. It was incorporated on 14 December 2000 and is registered under CIN U72200TG2000PLC114224. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Adroit Infotech was incorporated on 14 December 2000. It is registered with the Registrar of Companies, Hyderabad.
Adroit Infotech had 3 directors:
- Srilatha Reddy Sunkerneni - Whole-Time Director
- Sudhakiran Sunkerneni Reddy - Director
- Sunitha Kuchakulla - Director
The CIN (Corporate Identification Number) of Adroit Infotech is U72200TG2000PLC114224. 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 Adroit Infotech is at Plot No. A – 52 Road No. 70 Journalist Colony Jubilee Hills, Hyderabad, Telangana, India – 500033.
Adroit Infotech can be reached through the website adroitinfotech.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Adroit Infotech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 August 2017. Year-wise statements from 2015 are in the company report.
No. Adroit Infotech has 1 GST registration on record and it is cancelled or inactive.
Adroit Infotech operated in the software industry, in the software publishing segment.