About ITShastra
ITShastra is a Business Services company based in Mumbai (India) founded in 2001. Application development, web design, and IT consultancy services are provided. It operates on a Professional Services and Managed Services model in Business Services and Technology sectors. Its Indian entity Itshastra (India) Private Limited reported revenue of ₹1.71 Cr. ITShastra offers products and services including Application Development, Web Design & Development, and Mobile Application Development. Its focus areas include Software Development, Custom Software Solutions, IT Services and IT Consultancy. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
ITShastra is engaged in delivering software development, web design, and mobile application solutions. Services are provided across various sectors including mortgage, healthcare, e-commerce, banking, retail, media, and life sciences. Innovative and cost-effective solutions are architected with a focus on client needs. Secure and future-ready IT solutions are offered to businesses globally. Consultancy, testing, and quality assurance are also included in the service portfolio.
- Headquarters Mumbai, India
- SectorsBusiness ServicesTechnology
- Phone•••• ••••
- Website itshastra.com
- Social LinkedIn X Facebook
- Legal Name It Shastra (India) Pvt. Ltd.
- Date of Incorporation 05 Dec, 2000
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹1.71 Cr
FY 2025 · -71% YoY
- Net Loss-₹1.61 Cr
FY 2025 · -94% margin
- EBITDA-₹1.41 Cr
FY 2025 · -82% margin
Associated legal entities of ITShastra
ITShastra operates through Itshastra (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Itshastra (India) Private Limited CIN U72900MH2000PTC129868 | Active | 05 Dec 2000 | Thane, Maharashtra | ₹1.7 Cr | 8 | View details |
Products & Services of ITShastra
ITShastra offers a comprehensive portfolio of products and services, including Application Development, Web Design & Development, and Mobile Application Development.
Custom applications are developed for diverse business needs.
Websites are designed to meet specific business goals.
Mobile apps are created for real-time user access.
Board of directors of Itshastra (India) Private Limited (ITShastra)
Itshastra (India) Private Limited is the primary company behind ITShastra. The board of Itshastra (India) Private Limited currently have 6 directors; the longest-serving is Swapna Hitendra Dahiwadkar, appointed in 2000. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swapna Hitendra Dahiwadkar DIN 01200370 | Director | 05 Dec 2000 | 25 yrs 10 mo | Itshastra (India) Private Limited |
| Hitendra Vinayak Dahiwadkar DIN 01200307 | Director | 05 Dec 2000 | 25 yrs 10 mo | Itshastra (India) Private Limited |
| Sanjeevkumar Vinayak Dahiwadkar DIN 01159666 | Director | 19 Dec 2000 | 25 yrs 10 mo | Itshastra (India) Private Limited |
| Yogini Sanjeev Dahiwadkar DIN 03268090 | Director | 11 Dec 2001 | 24 yrs 10 mo | Itshastra (India) Private Limited |
| Avinash Kulkarni DIN 08671983 | Director | 21 Jan 2020 | 6 yrs 9 mo | Itshastra (India) Private Limited |
| Rajendra Hansraj Patil DIN 09171989 | Director | 18 Aug 2021 | 5 yrs 2 mo | Itshastra (India) Private Limited |
Financials of ITShastra
Figures of Itshastra (India) Private Limited, the primary company behind ITShastra, for FY 2025. Revenue was ₹1.71 Cr (-71% year on year). Net loss was -₹1.61 Cr (-94% margin). EBITDA was -₹1.41 Cr (-82% margin). Revenue has grown at a compounded annual rate of -37% over three years and -26% over five years.
- ₹1.71 CrRevenue · FY 2025 · -71% YoY
- -₹1.61 CrNet loss · -94% margin
- -₹1.41 CrEBITDA · -82% margin
- ₹15.37 CrPaid-up capital
- -37%Revenue CAGR, 3 years
- -26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Itshastra (India) Private Limited are on its company page.
Detailed financial statements for ITShastra
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Competitors of ITShastra
ITShastra has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of ITShastra
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Top companies in Marketing & Outreach Platforms
2 companies that operate in the same segment as ITShastra (Marketing & Outreach Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | USD 19.08 B | 323,580 | ||
Provider of influencer marketing services | 2009 | Mumbai, Maharashtra, India | USD 16.48 M | USD 31.68 M | 434 |
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Related news about Itshastra
Complete news archive for ITShastra
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Frequently Asked Questions about ITShastra
ITShastra was founded in 2001.
ITShastra is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind ITShastra, Itshastra (India) Private Limited, reported revenue of ₹1.71 Cr for FY 2025, down 71% year on year.
ITShastra is engaged in delivering software development, web design, and mobile application solutions. Services are provided across various sectors including mortgage, healthcare, e-commerce, banking, retail, media, and life sciences. Innovative and cost-effective solutions are architected with a focus on client needs. Secure and future-ready IT solutions are offered to businesses globally. Consultancy, testing, and quality assurance are also included in the service portfolio.
ITShastra's top competitors include Happiest Minds and Datamatics.
ITShastra offers Application Development, Web Design & Development, and Mobile Application Development.
ITShastra operates through Itshastra (India) Private Limited.
The legal entities of ITShastra currently have 8 directors, including Rajendra Hansraj Patil, Avinash Kulkarni, Tillaksha Madhukar Lute and others.