About Altec Isys Private Limited
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Altec Isys Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1998PTC029453.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.4 Cr. It is led by directors including Mohammed Abdul Hafeez (Managing Director) and Abdul Aleem Mohammed.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 6 – 1 – 1059/1/9 Habeeb Mansion Khairatabad, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2016, the company reported a revenue of ₹7.31 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹10.01 Lakh (net margin 1.4%) and EBITDA of ₹1.29 Cr (EBITDA margin 17.7%).
The company is associated with 1 brand: ALTECiSyS. As per MCA filings, the company has open charges of ₹18.71 Cr and satisfied charges of ₹30 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website altecisys.com.
Company details
CIN history
Altec Isys has one previous CIN (Corporate Identification Number): U72200AP1998PTC029453. The current CIN is U72200TG1998PTC029453, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1998PTC029453 | Current |
| U72200AP1998PTC029453 | Previous |
Contact details
Altec Isys Private Limited's registered office is in Hyderabad, Telangana. Its website is altecisys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 – 1 – 1059/1/9 Habeeb Mansion Khairatabad, Hyderabad, Telangana, India – 500004
- IndustryInformation Technology, Application Development & Software Solutions, Database Management & Solutions
To see the full contact details of Altec Isys 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
Brands
Altec Isys operates one associated brand: ALTECiSyS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT services and solutions to meet business needs. | altecisys.com |
Business activity
The main business activities of Altec Isys are support service to organizations and professional, scientific and technical. In detail, this covers other support services to organizations and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Altec Isys Private Limited, buy the company report.
Financials of Altec Isys Private Limited
FY 2016 filings availableAltec Isys Private Limited reported revenue of ₹7.31 Cr (up 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA rose 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹7.31 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.29 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10.01 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.7% | |
| Net Profit Margin | 1.4% | |
| 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 Altec Isys Private Limited, buy the company report.
Board of directors of Altec Isys Private Limited
Altec Isys has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Abdul Hafeez | Managing Director | 22 May 1998 | 28 Years 5 Months | Current |
| Abdul Aleem Mohammed | Director | 22 May 1999 | 27 Years 5 Months | Current |
| Abdul Salam Mohammed | Director | 25 May 1998 | 28 Years 5 Months | Current |
Shareholding
The shareholding of Altec Isys Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Altec Isys Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2011 | 10321683 | Others | ₹9.31 Cr | Open | |
| 07 Feb 2011 | 10276765 | Others | ₹9.31 Cr | Open | |
| 16 Jun 1998 | 90118810 | Central Bank of India | ₹10 Lakh | Open | |
| 02 Jun 2006 | 10144482 | Corporation Bank | ₹30 Lakh | Satisfied | |
| 16 Jun 1998 | 90117360 | Central Bank of India | ₹- | Satisfied |
To see the full charge records of Altec Isys Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Altec Isys Private Limited has 3 court cases on record: 2 filed by Altec Isys, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against M/S. Bombay Mercantile Co-Operative Bank Ltd, and 2 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against M/S. Bombay Mercantile Co-Operative Bank Limited, | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (T.R.CRLMP) | Filed against the company by M/S Bombay Mercantile Co-Op Bank Ltd., | Disposed |
To see the full case history of Altec Isys Private 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 Altec Isys 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 Altec Isys Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Altec Isys Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Abdul Aleem Mohammed was appointed as Director on 22 May 1999.
4 earlier events are in the company report.
Frequently asked questions
Altec Isys is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 May 1998 (28+ years old) and is registered under CIN U72200TG1998PTC029453.
Altec Isys has 3 current directors:
- Mohammed Abdul Hafeez - Managing Director
- Abdul Aleem Mohammed - Director
- Abdul Salam Mohammed - Director
The latest financial statements of Altec Isys on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Altec Isys is U72200TG1998PTC029453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altec Isys has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Altec Isys was incorporated on 22 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
Abdul Aleem Mohammed was appointed as Director on 22 May 1999. Abdul Salam Mohammed was appointed as Director on 25 May 1998. Mohammed Abdul Hafeez was appointed as Managing Director on 22 May 1998.
Altec Isys can be reached through the website altecisys.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Altec Isys is at 6 – 1 – 105919 Habeeb Mansion Khairatabad, Hyderabad, Telangana, India – 500004.
Altec Isys operates in the information technology industry, in the application development and software solutions segment.
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