Megasoft

Chennai, India Founded: 1994 • Age: 32 yrs Listed
IT services suite solutions are provided to clients worldwide.

About Megasoft

Megasoft is a publicly listed company based in Chennai (India) founded in 1994. It operates as an IT services suite solutions are provided to clients worldwide. The company has 8 employees. Megasoft has completed 1 acquisition, including Boston Communications Group. Its website megasoft.com draws about 21 thousand monthly visits. Its Indian entity Sigma Advanced Systems Limited reported revenue of β‚Ή37.40 Cr. Its focus areas include Business Services, IT Services and Suite. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 4 of its 9 listed similar companies have raised funding.

Company details

Megasoft was established in 1994 and is headquartered in Chennai, India. Operations focus on the information technology sector, where a suite of IT services is delivered, including software development, consulting, and system integration. These services are extended to businesses across various industries, with emphasis on scalable solutions. The companys domain, megasoft.com, supports its global outreach from the Indian base.

  • Headquarters Chennai, India
  • Employees 8
  • Stage Public
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website megasoft.com
  • Social LinkedIn
  • Legal Name Megasoft Limited
Operational Areas
Key Metrics
  • Annual Revenue
    ₹37.40 Cr

    FY 2024 · -15% YoY

  • Net Loss
    -₹12.75 Cr

    FY 2024 · -34% margin

  • EBITDA
    ₹28.47 Cr

    FY 2024 · 76% margin

  • Employee Count
    8
  • Investments & Acquisitions

Board of directors of Sigma Advanced Systems Limited (Megasoft)

Sigma Advanced Systems Limited is the primary company behind Megasoft. The board of Sigma Advanced Systems Limited currently have 8 directors; the longest-serving is Leona Ambuja, appointed in 2015. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Leona Ambuja
DIN 07138817
Director31 Mar 201511 yrs 6 moSigma Advanced Systems Limited
Shridhar Thathachary
DIN 00720272
CFO11 Aug 201511 yrs 2 moSigma Advanced Systems Limited
Kalyan Vijay Sivalenka
DIN 06404449
Director29 Sep 20206 yrsSigma Advanced Systems Limited
Sunilkumar Kalidindi
DIN 02344343
Whole-time director10 Dec 20214 yrs 10 moSigma Advanced Systems Limited
Suryanarayana Raju Nandyala
DIN 01581731
Director24 Dec 20214 yrs 9 moSigma Advanced Systems Limited
Uma Garimella
DIN 02847624
Director20 Dec 20241 yr 9 moSigma Advanced Systems Limited
Cheemarla Damodar Reddy
DIN 01643638
Additional Director22 Dec 20259 moSigma Advanced Systems Limited
Raju Somashekar Baggavalli
DIN 11482140
Additional Director16 Jan 20268 moSigma Advanced Systems Limited

People of Megasoft

7 people are tracked at Megasoft (3 in leadership, 1 in board & advisors, 3 in team); the tracked headcount is 8.

NameRoleGroup
Executive Director & CEOLeadership
CFOLeadership
Mohit Varshni
Head Strategic Business DevelopmentLeadership
Krishna Yeachuri
DirectorBoard & advisors
Ravi Kishan
New Product Development SpecialistTeam
Hari Narayana Konagandla
Finance ManagerTeam
Hari Narayana
AGM FinanceTeam
Premium access

Complete people profiles for Megasoft

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Megasoft

Megasoft is a publicly listed company on the NSE with ticker symbol MEGASOFT in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date19 Jul 2007
  • Listed onNSE: MEGASOFT
  • Listed entityMegasoft Limited
  • Exchange sectorTechnology services
  • ISININE933B01012
  • Share price₹188.95 (+0.79% on the day) · 2026-02-08
  • Market capitalisation₹1,386 Cr
  • Price to earnings10.1
  • EPS (diluted, trailing year)₹18.69
  • Volume (last session)92,756
  • Analyst consensusNo rating

Financials of Megasoft

Figures of Sigma Advanced Systems Limited, the primary company behind Megasoft, for FY 2024. Revenue was ₹37.40 Cr (-15% year on year). Net loss was -₹12.75 Cr (-34% margin). EBITDA was ₹28.47 Cr (76% margin). Revenue has grown at a compounded annual rate of -17% over three years and -12% over five years.

  • ₹37.40 CrRevenue · FY 2024 · -15% YoY
  • -₹12.75 CrNet loss · -34% margin
  • ₹28.47 CrEBITDA · 76% margin
  • ₹73.77 CrPaid-up capital
  • 8Employees (provident fund records)
  • -17%Revenue CAGR, 3 years
  • -12%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025₹492 Cr₹268 Cr₹41.8 Cr
2024₹107 Cr-₹14.0 Cr₹15.7 Cr
2023–-₹12.7 Cr-₹8.8 Cr
2022₹2.0 Cr₹8.8 Cr-₹17.7 Cr
2021₹52.4 Cr₹4.6 Cr-₹16.5 Cr

Balance sheet, profit and loss, cash flow and ratios of Sigma Advanced Systems Limited are on its company page.

Premium access

Detailed financial statements for Megasoft

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Megasoft

Megasoft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Boston Communications Group.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of wireless telecommunication services
bcgi.netBedford, United States1997Aug 2007β€’β€’β€’β€’
Premium access

Complete acquisition details for Megasoft

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Megasoft

3 dated milestones of Megasoft across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Megasoft is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Boston Communications Group.

Similar companies to Megasoft

Megasoft has 9 listed similar companies in our database, 4 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ust.com.tw1998Taiwan––
High-quality office furniture is provided by UST for various needs.
genpact.com1997New York, United States–129,140
Provider of end-to-end business process outsourcing services
ionos.com1988Chesterbrook, United States$19.5M134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
accenture.com1989Dublin, Ireland–29
IT and management consultancy services are provided globally.
nttdata.com1967Koto, Japan–4
Application development, cloud, cybersecurity, and business intelligence services are provided.
mavenir.com2005Richardson, United States$105.36M363
Multi-access edge networking computing platform is provided for mobile services.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
endava.com2000London, United Kingdom–12,063
Endava is engaged in digital transformation and AI-driven solutions.
Premium access

Detailed similar companies of Megasoft

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Megasoft

The website of Megasoft (megasoft.com) receives about 21K visits a month.

  • Monthly visits
    21K

    ▼ 8.7% vs previous month

Similar websites

Websites whose visitors overlap most with Megasoft. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
xius.com
100%
1.4K#11,672,498View details
webthreads.com
webthreads.com
37%
–––
megasoftsol.com
34%
18.4K#840,895View details

Top companies in IT Services & Operations

10 companies that operate in the same segment as Megasoft (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Megasoft

Premium access

Complete news archive for Megasoft

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Megasoft

Megasoft was founded in 1994.

Megasoft is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Megasoft has 8 employees.

The primary company behind Megasoft, Sigma Advanced Systems Limited, reported revenue of β‚Ή37.40 Cr for FY 2024, down 15% year on year.

Megasoft was established in 1994 and is headquartered in Chennai, India. Operations focus on the information technology sector, where a suite of IT services is delivered, including software development, consulting, and system integration. These services are extended to businesses across various industries, with emphasis on scalable solutions. The companys domain, megasoft.com, supports its global outreach from the Indian base.

Megasoft's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Yes, Megasoft is publicly traded on NSE under the ticker symbol MEGASOFT.

Megasoft has made 1 acquisition, including Boston Communications Group.

Megasoft operates through Sigma Advanced Systems Limited.

The legal entities of Megasoft currently have 9 directors, including Leona Ambuja, Sunilkumar Kalidindi, Shridhar Thathachary and others.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available