Alter Mote Private Limited
About Alter Mote Private Limited
Data last updated:
Alter Mote Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mahiti Infotech Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2004PTC033811.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shreeya Antoo (Managing Director) and Shiva Prasad Thangalla (Managing Director).
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.19/2A Thimmegowda Layout. Kothanur Dr. Shivaramakaranth Nagar Bangalore Ea, St, Karnataka, India – 560077.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.56 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹19.06 Lakh (net margin -290.7%) and EBITDA of -₹19.05 Lakh (EBITDA margin -290.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 25% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.19/2A Thimmegowda Layout. Kothanur Dr. Shivaramakaranth Nagar Bangalore Ea, St, Karnataka, India – 560077
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Alter Mote Private Limited
The main business activity of Alter Mote is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Financials of Alter Mote Private Limited FY 2024 filings available
Alter Mote Private Limited reported revenue of ₹6.56 Lakh (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Alter Mote Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 47% fall in the latest year. EBITDA fell 27% 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 Alter Mote Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹19.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.06 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 of Alter Mote Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -290.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -290.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Alter Mote are in the company report.
Financial statements from 2015
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.
Peer Comparison of Alter Mote Private Limited
Alter Mote Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishwabharathi Consulting Services and Constructions Private Limited | ₹6.57 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| V & M Professional Advisors Private Limited | ₹6.57 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | West Patel Nagar, Delhi, India |
| Eyone Digital India Private Limited | ₹6.57 Lakh (FY 2019) | •••• | •••• | •••• | Greater Noida West, Uttar Pradesh, India | |
| Try2best India Private Limited | ₹6.57 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | Jaipur, Rajasthan, India |
| Primeaus Visas Pvt Ltd | ₹6.56 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Delhi, India |
| Alter Mote Private Limited this company | ₹6.56 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Zaas Consulting Services Private Limited | ₹6.56 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Hyderabad, Telangana, India |
| Ansk Consulting Private Limited | ₹6.55 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Pune, Maharashtra, India |
| Aayush Advisors Private Limited | ₹6.55 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Surat, Gujarat, India |
| Innovace Advisors Private Limited | ₹6.55 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Kolkata, West Bengal, India |
| International Data Processing Company Limited | ₹6.55 Lakh (FY 2017) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Alter Mote by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Alter Mote Private Limited
Alter Mote Private Limited is audited by MANJUNATH BARGESHAPPA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANJUNATH BARGESHAPPA & 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 Alter Mote Private Limited
Alter Mote has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreeya Antoo | Managing Director | 01 Sep 2024 | 2 Years 1 Months | Current |
| Shiva Prasad Thangalla | Managing Director | 01 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Alter Mote 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 Alter Mote Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2010 | Deutsche Postbank Home Finance Limited | ₹1 Cr | Satisfied |
| 28 Oct 2005 | State Bank of India | ₹80 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Alter Mote Private Limited
Alter Mote Private Limited has a workforce of 4 employees as of Apr 04, 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.
Recent Activity on Alter Mote Private Limited
Alter Mote Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Chethan Elvis Das ceased to be Director on 01 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alter Mote 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 Alter Mote 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 Alter Mote 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.
GST Compliance of Alter Mote Private Limited
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.
MCA Filings & Documents of Alter Mote 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.
Frequently Asked Questions about Alter Mote Private Limited
Alter Mote is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 April 2004 (22+ years old) and is registered under CIN U74140KA2004PTC033811.
Alter Mote reported revenue of ₹6.56 Lakh for FY 2024 (down 47% YoY).
Alter Mote has 2 current directors:
- Shreeya Antoo - Managing Director
- Shiva Prasad Thangalla - Managing Director
Alter Mote reported a net loss of ₹19.06 Lakh (net margin -290.7%) and EBITDA of -₹19.05 Lakh (EBITDA margin -290.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alter Mote is -61% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Alter Mote is U74140KA2004PTC033811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alter Mote was incorporated on 22 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Alter Mote by revenue are Vishwabharathi Consulting Services and Constructions Private Limited, V & M Professional Advisors Private Limited, Eyone Digital India Private Limited, Try2best India Private Limited, Primeaus Visas Pvt Ltd and 5 more, all in the Outsourcing industry (Consulting Services).
Chethan Elvis Das ceased to be Director on 01 Sep 2024. Shiva Prasad Thangalla was appointed as Managing Director on 01 Sep 2024. Shreeya Antoo was appointed as Managing Director on 01 Sep 2024. Alter Mote has 10 board changes on record in total.
The registered office of Alter Mote is at No.192A Thimmegowda Layout. Kothanur Dr. Shivaramakaranth Nagar Bangalore Ea, St, Karnataka, India – 560077.
Alter Mote has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh.