About Innovation Communications Systems
Innovation Communications Systems is a Technology company based in Hyderabad (India) founded in 1989. It delivers comprehensive IT suite services for communication needs. It operates on a B2B model. The company has 84 employees. Its Indian entity Stuam Technologies Limited reported revenue of ₹6.88 Cr. Its focus areas include IT Services, Communications Systems and Suite Services. Similar companies include Kaynes Technology, Advantech and Dixon Technologies; 2 of its 3 listed similar companies have raised funding.
Company details
Innovation Communications Systems, based in Hyderabad, focuses on leveraging cutting-edge technology, providing IT services, communications systems, and suite services. Delivers comprehensive IT suite services for communication needs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- Employees 84
- SectorsTechnology
- Email••••••••
- Website icsglobal.biz
- Social LinkedIn
- Legal Name Stuam Technologies Limited
- Date of Incorporation 10 Nov, 1988
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹6.88 Cr
FY 2023 · +22% YoY
- Net Profit₹14.8 Lakh
FY 2023 · 2% margin
- EBITDA₹41.9 Lakh
FY 2023 · 6% margin
- Employee Count84
Associated legal entities of Innovation Communications Systems
Innovation Communications Systems operates through Stuam Technologies Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stuam Technologies Limited CIN U72900TG1988PLC009248 | Active | 10 Nov 1988 | Hyderabad, Telangana | ₹6.9 Cr | 84 | 3 | View details |
Board of directors of Stuam Technologies Limited (Innovation Communications Systems)
Stuam Technologies Limited is the primary company behind Innovation Communications Systems. The board of Stuam Technologies Limited currently have 3 directors; the longest-serving is Praveen Kumar Balumuri, appointed in 2021. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Praveen Kumar Balumuri DIN 09043812 | Director | 27 Jan 2021 | 5 yrs 8 mo | Stuam Technologies Limited |
| Sathi Savithri Devi Sriramineni DIN 08362746 | Additional Director | 03 Mar 2025 | 1 yr 7 mo | Stuam Technologies Limited |
| Venkatachalam Vankina DIN 07647507 | Additional Director | 27 Jun 2025 | 1 yr 3 mo | Stuam Technologies Limited |
Financials of Innovation Communications Systems
Figures of Stuam Technologies Limited, the primary company behind Innovation Communications Systems, for FY 2023. Revenue was ₹6.88 Cr (+22% year on year). Net profit was ₹14.8 Lakh (2% margin). EBITDA was ₹41.9 Lakh (6% margin). Revenue has grown at a compounded annual rate of -5% over three years and +97% over five years.
- ₹6.88 CrRevenue · FY 2023 · +22% YoY
- ₹14.8 LakhNet profit · 2% margin
- ₹41.9 LakhEBITDA · 6% margin
- ₹2.57 CrPaid-up capital
- 84Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- +97%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Stuam Technologies Limited are on its company page.
Detailed financial statements for Innovation Communications Systems
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Similar companies to Innovation Communications Systems
Innovation Communications Systems has 3 listed similar companies in our database, 2 of them funded. They include Kaynes Technology, Advantech and Dixon Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kaynestechnology.co.in | 2008 | Mysuru, India | $22.44M | 587 | Integrated electronics manufacturing and IoT solutions are delivered across industries. | |
| advantech.com | 1983 | Bengaluru, India | 70 | Network equipment, automation, and embedded computing solutions are provided. | ||
| dixoninfo.com | 1993 | Noida, India | $9.32M | 1,565 | Electronics manufacturing services are provided for consumer and home products. |
Detailed similar companies of Innovation Communications Systems
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Frequently Asked Questions about Innovation Communications Systems
Innovation Communications Systems was founded in 1989.
Innovation Communications Systems is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Innovation Communications Systems has 84 employees.
The primary company behind Innovation Communications Systems, Stuam Technologies Limited, reported revenue of ₹6.88 Cr for FY 2023, up 22% year on year.
Innovation Communications Systems, based in Hyderabad, focuses on leveraging cutting-edge technology, providing IT services, communications systems, and suite services. Delivers comprehensive IT suite services for communication needs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Innovation Communications Systems's top competitors include Kaynes Technology, Dixon Technologies and Advantech.
Innovation Communications Systems operates through Stuam Technologies Limited.
The legal entities of Innovation Communications Systems currently have 3 directors, including Praveen Kumar Balumuri, Sathi Savithri Devi Sriramineni, Venkatachalam Vankina.