Adroitech Systems Private Limited
About Adroitech Systems Private Limited
Data last updated:
Adroitech Systems Private Limited is a private limited company based in Vishakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72501AP2017PTC106907. Its GSTIN is 37AAQCA1669J1Z5 (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹10,000. It is led by directors Suryakantham Yerramsetti and Sridevi Yerramsetti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 47 – 11 – 27 Dwaraka Nagar 1st Line Revenue Ward 15 Visakhapatnam Andhra Pradesh, Vishakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.87 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹2.98 Cr (net margin -103.6%) and EBITDA of -₹2.79 Cr (EBITDA margin -97.2%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 32% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.32 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address47 – 11 – 27 Dwaraka Nagar 1st Line Revenue Ward 15 Visakhapatnam Andhra Pradesh, Vishakhapatnam, Andhra Pradesh, India – 530016
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Adroitech Systems Private Limited
The main business activity of Adroitech Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Adroitech Systems Private Limited
Adroitech Systems Private Limited is audited by NEMMADI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NEMMADI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Adroitech Systems Private Limited
Adroitech 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 |
|---|---|---|---|---|
| Suryakantham Yerramsetti | Director | 25 Oct 2017 | 8 Years 11 Months | Current |
| Sridevi Yerramsetti | Director | 25 Oct 2017 | 8 Years 11 Months | Current |
Financials of Adroitech Systems Private Limited FY 2024 filings available
Adroitech Systems Private Limited reported revenue of ₹2.87 Cr (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Adroitech Systems Private Limited
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 650% 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 of Adroitech Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| EBITDA | -₹2.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.98 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Adroitech Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -97.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -103.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adroitech Systems are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Adroitech Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Adroitech Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2024 | State Bank of India | ₹1 Cr | Open |
| 28 Mar 2024 | Hdfc Bank Limited | ₹32.48 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Adroitech Systems Private Limited
Adroitech Systems Private Limited has a workforce of 42 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Adroitech Systems Private Limited
Adroitech Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAQCA1669J1Z5 | Andhra Pradesh | Active | 29 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Adroitech Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Adroitech Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adroitech Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adroitech Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Adroitech Systems Private Limited
Frequently Asked Questions about Adroitech Systems Private Limited
Adroitech Systems is an active private limited company based in Vishakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 October 2017 (9+ years old) and is registered under CIN U72501AP2017PTC106907.
Adroitech Systems reported revenue of ₹2.87 Cr for FY 2024 (down 41% YoY).
Adroitech Systems has 2 current directors:
- Suryakantham Yerramsetti - Director
- Sridevi Yerramsetti - Director
Adroitech Systems reported a net loss of ₹2.98 Cr (net margin -103.6%) and EBITDA of -₹2.79 Cr (EBITDA margin -97.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adroitech Systems is 65% over three years and 32% over five years. In the latest year (FY 2024) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adroitech Systems is 37AAQCA1669J1Z5, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Adroitech Systems is U72501AP2017PTC106907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adroitech Systems was incorporated on 25 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The registered office of Adroitech Systems is at 47 – 11 – 27 Dwaraka Nagar 1st Line Revenue Ward 15 Visakhapatnam Andhra Pradesh, Vishakhapatnam, Andhra Pradesh, India – 530016.