About Altruist Technologies Private Limited
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Altruist Technologies Private Limited is a private limited company based in Shimla, Himachal Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U72200HP2005PTC028970. Its GSTIN is 02AAFCA3725N1ZS (Himachal Pradesh). The company holds 14 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Anuj Aggarwal and Hari Narain Singla.
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 4th Floor 'Altruist Mount' Behind Hotel Firhill Near Tunnel No.103, Shimla, Himachal Pradesh, India – 171004.
As per the financials filed for FY 2025, the company reported a revenue of ₹815.64 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹48.66 Cr (net margin 6%) and EBITDA of ₹143.46 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
The company has about 3,167 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹3.34 Cr and satisfied charges of ₹26.34 Cr on record. Court records list 77 cases involving the company, including 25 filed by the company and 47 filed against it; 9 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.36 Cr; the latest was in July 2023. Its 10 peer companies in the Telecom industry (IT Consulting and Services, Mobile VAS) are compared by revenue, 5 larger and 5 smaller; the largest is Allied Digital Services Limited with revenue of ₹851.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altruistindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4th Floor 'Altruist Mount' Behind Hotel Firhill Near Tunnel No.103, Shimla, Himachal Pradesh, India – 171004
- 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 Altruist Technologies Private Limited
The main business activity of Altruist Technologies 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 | J6 | 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.
Financials of Altruist Technologies Private Limited FY 2024 filings available
Altruist Technologies Private Limited reported revenue of ₹815.64 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Altruist Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 5% growth in the latest year. EBITDA fell 8% 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 Altruist Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹143.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.66 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Altruist Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| 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 Altruist Technologies 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.
Board of Directors of Altruist Technologies Private Limited
Altruist Technologies 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 |
|---|---|---|---|---|
| Hari Narain Singla Also directs: Dependo Logistics Solutions Private Limited, Glow Networks Private Limited, Secova Eservices Private Limited and 1 more | Additional Director | 05 Nov 2012 | 13 Years 11 Months | Current |
| Anuj Aggarwal Also directs: Dna Advisors LLP, Dependo Logistics Solutions Private Limited, Relay Strategy Private Limited and 3 more | Director | 21 Sep 2005 | 21 Years 1 Months | Current |
Peer Comparison of Altruist Technologies Private Limited
Altruist Technologies Private Limited is compared with the companies closest to it by revenue in the Telecom industry (IT Consulting and Services, Mobile VAS). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allied Digital Services Limited Listed | ₹851.67 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Lumen IT India Private Limited | ₹847.95 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Comnet Solutions Private Limited | ₹836.61 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Axa Global Business Services Private Limited | ₹820.44 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Gep Solutions Private Limited | ₹816.02 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Altruist Technologies Private Limited this company | ₹815.64 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Shimla, Himachal Pradesh, India |
| West Pharmaceutical Packaging India Private Limited | ₹814.55 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| Manhattan Associates (India) Development Centre Private Limited | ₹811.9 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| First American (India) Private Limited | ₹807.92 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Carrier Technologies India Limited | ₹798.48 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Blue Cloud Softech Solutions Limited Listed | ₹797.7 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Altruist Technologies by revenue in the Telecom industry (IT Consulting and Services, Mobile VAS), 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 Altruist Technologies Private Limited
Altruist Technologies Private Limited is audited by DATTA SINGLA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DATTA SINGLA & CO. | 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.
Ownership and Shareholding of Altruist Technologies 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 Altruist Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2023 | Others | ₹3.34 Cr | Satisfied |
| 29 Jul 2019 | Hdfc Bank Limited | ₹15 Cr | Satisfied |
| 24 Jan 2018 | Others | ₹8 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Altruist Technologies Private Limited
Altruist Technologies Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.36 Cr; the latest was in July 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Seller: Mobile2Win Cayman Ltd |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Altruist Technologies Private Limited
Altruist Technologies Private Limited has 77 court cases on record: 25 filed by Altruist Technologies, 47 filed against it, 5 where it is another party. 9 cases are pending and 68 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 53 | 38 | 5 |
| District courts | 20 | 5 | 4 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Appeal | Filed against the company by Safeway Systems Private Limited | Pending |
| High Court of Delhi | Appeal | Filed by the company against Pheuture Studio Private Limited | Pending |
| District court, Panchkula, Haryana | Original application | Filed against the company by Safeway Systems Private Limited | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Vistra Itcl (India) Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Vistra Itcl (India) Limited | Disposed |
Full case history
All 77 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Altruist Technologies Private Limited
Altruist Technologies Private Limited has a workforce of 3,167 employees as of Apr 09, 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.
Group Structure of Altruist Technologies Private Limited
Altruist Technologies has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| D S R Developers Private Limited | U45201HR2005PTC035816 | Locked |
| Mobile2win India Private Limited (India) | U51395MH2003PTC142173 | Locked |
| Mobisoft Telesolutions Private Limited (India) | U72200DL1994PTC181176 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Altruist Technologies Private Limited
Altruist Technologies Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Dharam Paul Aggarwal ceased to be Director on 05 Nov 2012.
Credit Ratings, Litigation & Regulatory Alerts for Altruist Technologies 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 Altruist Technologies 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 Altruist Technologies 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 Altruist Technologies Private Limited
Altruist Technologies has 14 GST registrations: 10 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAFCA3725N1ZS | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AAFCA3725N2ZJ | Haryana | Active | 01 Jul 2017 |
| 29AAFCA3725N1ZC | Karnataka | Active | 01 Jan 2020 |
| 27AAFCA3725N1ZG | Maharashtra | Active | 24 Jan 2020 |
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 Altruist Technologies 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.
Related news about Altruist Technologies Private Limited
Frequently Asked Questions about Altruist Technologies Private Limited
Altruist Technologies is an active private limited company based in Shimla, Himachal Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 September 2005 (21+ years old) and is registered under CIN U72200HP2005PTC028970.
Altruist Technologies reported revenue of ₹815.64 Cr for FY 2025 (up 5% YoY).
Altruist Technologies has 2 current directors:
- Hari Narain Singla - Additional Director
- Anuj Aggarwal - Director
Altruist Technologies reported a net profit of ₹48.66 Cr (net margin 6%) and EBITDA of ₹143.46 Cr (EBITDA margin 17.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Altruist Technologies is 3% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Altruist Technologies is 02AAFCA3725N1ZS, registered in Himachal Pradesh. The company has 14 GST registrations in all, of which 10 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAFCA3725N2ZJ (Haryana), 29AAFCA3725N1ZC (Karnataka), 27AAFCA3725N1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Altruist Technologies is U72200HP2005PTC028970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altruist Technologies has 77 court cases on record: 25 filed by the company and 47 filed against it. 9 are pending. Most are in the high courts.
Altruist Technologies was incorporated on 21 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Altruist Technologies has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.36 Cr; the latest was in July 2023.
The peers of Altruist Technologies by revenue are Allied Digital Services Limited, Lumen IT India Private Limited, Comnet Solutions Private Limited, Axa Global Business Services Private Limited, Gep Solutions Private Limited and 5 more, all in the Telecom industry (IT Consulting and Services, Mobile VAS).