Astute Software Private Limited
About Astute Software Private Limited
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Astute Software Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 August 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2004PTC148080.
The company had an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Ganesh Bhuvan Ranade Building Bh Brahmin Society Thane, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.4 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 73.1%) and EBITDA of ₹3.38 Lakh (EBITDA margin 76.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 23% over five years.
As per MCA filings, the company has satisfied charges of ₹14 Lakh on record.
Company details
Contact details
Astute Software Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGanesh Bhuvan Ranade Building Bh Brahmin Society Thane, Mumbai, Maharashtra, India – 400099
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Astute Software 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
Business activity
The main business activity of Astute Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Astute Software Private Limited, buy the company report.
Financials of Astute Software Private Limited
FY 2020 filings availableAstute Software Private Limited reported revenue of ₹4.4 Lakh (down 56% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.4 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.9% | ||||
| Net Profit Margin | 73.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Astute Software Private Limited, buy the company report.
Board of directors of Astute Software Private Limited
Astute Software has 4 former directors on record and no current directors listed.
Peer comparison
Astute Software Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Micro Solutions (India) Pvt Ltd | ₹4.46 Lakh (FY 2023) | 39.0% | Mumbai, Maharashtra, India | |||
| Vithupro Infotech Private Limited | ₹4.41 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| Astute Software Private Limitedthis company | ₹4.4 Lakh (FY 2020) | ₹3.22 Lakh | 73.1% | -56.0% | Mumbai, Maharashtra, India | |
| Ekaart Digital Systems Private Limited | ₹4.39 Lakh (FY 2018) | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Astute Software Private Limited, buy the company report.
Auditor
Astute Software Private Limited is audited by C V CHITALE & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C V CHITALE & ASSOCIATES | FY 2020 | 128351W |
Shareholding
The shareholding of Astute Software Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Astute Software Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2010 | 10197560 | Cosmos Co-Operative Banl Ltd. (Paud Road Branch) | ₹14 Lakh | Satisfied |
To see the full charge records of Astute Software Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Astute Software Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astute Software 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 Astute Software Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Astute Software Private Limited has 4 board changes on record since 2019: 0 appointments and 4 cessations. The latest: Madhura Rajendra Jog ceased to be Director on 05 Feb 2021.
Frequently asked questions
Astute Software has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Astute Software was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 18 August 2004 and is registered under CIN U72200MH2004PTC148080. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Astute Software is U72200MH2004PTC148080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astute Software was incorporated on 18 August 2004. It is registered with the Registrar of Companies, Mumbai.
The registered office of Astute Software is at Ganesh Bhuvan Ranade Building Bh Brahmin Society Thane, Mumbai, Maharashtra, India – 400099.
The latest financial statements of Astute Software on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 September 2020. Year-wise statements from 2015 are in the company report.
Astute Software operated in the information technology industry, in the IT consulting and support services segment.
The peers of Astute Software by revenue are Micro Solutions (India) Pvt Ltd, Vithupro Infotech Private Limited, Ekaart Digital Systems Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Madhura Rajendra Jog ceased to be Director on 05 Feb 2021. Pournima Rajendra Ranade ceased to be Director on 05 Feb 2021. Vaishali Jog Rajendra ceased to be Director on 05 Feb 2021. Astute Software has 4 board changes on record in total.
Astute Software has no open charges and satisfied charges of ₹14 Lakh as per latest MCA filings.
The compliance status of Astute Software is compliant as of 25 September 2026.
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