About Appit Software Solutions Private Limited
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Appit Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2016PTC112043. Its GSTIN is 36AAOCA7660D1ZJ (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Venkataramana Gajjela and Aravind Gajjela.
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 Unit 704C 7th Floor Psr Prime Tower Gachibowli Serilingampally, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.01 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹84.77 Lakh (net margin 4.5%) and EBITDA of ₹1.83 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 57% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: APPIT Software Solutions. As per MCA filings, the company has open charges of ₹3.21 Cr on record. Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website appitsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit 704C 7th Floor Psr Prime Tower Gachibowli Serilingampally, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Software Development & 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 Appit Software Solutions Private Limited
The main business activity of Appit Software Solutions 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 Appit Software Solutions Private Limited FY 2024 filings available
Appit Software Solutions Private Limited reported revenue of ₹19.01 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Appit Software Solutions Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 63% 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 Appit Software Solutions 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 | ₹1.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84.77 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Appit Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Appit Software Solutions are in the company report.
Financial statements from FY 2017
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 Appit Software Solutions Private Limited
Appit Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intertrust Technologies India Private Limited | •••• | •••• | •••• | •••• | 47 | Goregaon East, Maharashtra, India |
| Inncircles Technologies Private Limited | •••• | •••• | •••• | •••• | 103 | Hyderabad, Telangana, India |
| Winsar Infosoft Private Limited | •••• | •••• | •••• | •••• | 152 | Chennai, Tamil Nadu, India |
| Zeitview Apac Private Limited | •••• | •••• | •••• | •••• | 235 | Bangalore South, Karnataka, India |
| Zuken India Private Limited | •••• | •••• | •••• | •••• | 15 | Bengaluru, Karnataka, India |
| Appit Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Karanji Infotech Private Limited | •••• | •••• | •••• | •••• | 150 | Mangalore, Karnataka, India |
| Apple Equifin P Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Optisupply Chain Solution Private Limited | •••• | •••• | •••• | •••• | 81 | Thane, Maharashtra, India |
| Adaptive Control Security Global Corporate Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ivistaz Ecom Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Appit Software Solutions by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Appit Software Solutions Private Limited
Appit Software Solutions Private Limited is audited by SNACHIT MODI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SNACHIT MODI & 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 Appit Software Solutions Private Limited
Appit Software Solutions 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 |
|---|---|---|---|---|
| Venkataramana Gajjela Also directs: Gomedsin Pharma Private Limited, Symposyo Events Private Limited | Director | 17 Jan 2024 | 2 Years 8 Months | Current |
| Aravind Gajjela Also directs: Gomedsin Pharma Private Limited, Symposyo Events Private Limited | Director | 19 Sep 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Appit Software Solutions 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 Appit Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2021 | Axis Bank Limited | ₹2.5 Cr | Open |
| 23 Jun 2020 | Axis Bank Limited | ₹60 Lakh | Open |
| 06 May 2019 | Axis Bank Limited | ₹11.47 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Appit Software Solutions Private Limited
Appit Software Solutions Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Company is another party | Pending |
Full case history
All 1 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.
Associated Brands with Appit Software Solutions Private Limited
Appit Software Solutions operates one associated brand: APPIT Software Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, AI solutions, cloud services, and managed IT support. | appitsoftware.com |
Employees and EPFO Compliance at Appit Software Solutions Private Limited
Appit Software Solutions Private Limited has a workforce of 38 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 Appit Software Solutions Private Limited
Appit Software Solutions Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Venkataramana Gajjela was appointed as Director on 17 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Appit Software Solutions 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 Appit Software Solutions 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 Appit Software Solutions 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 Appit Software Solutions Private Limited
Appit Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAOCA7660D1ZJ | Telangana | Active | 01 Jul 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.
MCA Filings & Documents of Appit Software Solutions 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 Appit Software Solutions Private Limited
Appit Software Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 September 2016 (10+ years old) and is registered under CIN U72900TG2016PTC112043.
Appit Software Solutions reported revenue of ₹19.01 Cr for FY 2024 (down 14% YoY).
Appit Software Solutions has 2 current directors:
- Venkataramana Gajjela - Director
- Aravind Gajjela - Director
Appit Software Solutions reported a net profit of ₹84.77 Lakh (net margin 4.5%) and EBITDA of ₹1.83 Cr (EBITDA margin 9.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Appit Software Solutions is 63% over three years and 57% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Appit Software Solutions is 36AAOCA7660D1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Appit Software Solutions is U72900TG2016PTC112043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appit Software Solutions has 1 court case on record. 1 is pending.
Appit Software Solutions was incorporated on 19 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Appit Software Solutions by revenue are Intertrust Technologies India Private Limited, Inncircles Technologies Private Limited, Winsar Infosoft Private Limited, Zeitview Apac Private Limited, Zuken India Private Limited and 5 more, all in the Information Technology industry (Software Services).
Venkataramana Gajjela was appointed as Director on 17 Jan 2024. Samatha Gajjela ceased to be Director on 20 Dec 2023. Aravind Gajjela was appointed as Director on 19 Sep 2016.