
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 βΉ37.40 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
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website megasoft.com
- Social LinkedIn
- Legal Name Megasoft Limited
- 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 Count8
- Investments & Acquisitions
Associated legal entities of Megasoft
Megasoft operates through Sigma Advanced Systems Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sigma Advanced Systems Limited Listed CIN L24100TN1999PLC042730 | Active | 29 Jun 1999 | Chennai, Tamil Nadu | ₹37.4 Cr | 8 | 9 | View details |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Leona Ambuja DIN 07138817 | Director | 31 Mar 2015 | 11 yrs 6 mo | Sigma Advanced Systems Limited |
| Shridhar Thathachary DIN 00720272 | CFO | 11 Aug 2015 | 11 yrs 2 mo | Sigma Advanced Systems Limited |
| Kalyan Vijay Sivalenka DIN 06404449 | Director | 29 Sep 2020 | 6 yrs | Sigma Advanced Systems Limited |
| Sunilkumar Kalidindi DIN 02344343 | Whole-time director | 10 Dec 2021 | 4 yrs 10 mo | Sigma Advanced Systems Limited |
| Suryanarayana Raju Nandyala DIN 01581731 | Director | 24 Dec 2021 | 4 yrs 9 mo | Sigma Advanced Systems Limited |
| Uma Garimella DIN 02847624 | Director | 20 Dec 2024 | 1 yr 9 mo | Sigma Advanced Systems Limited |
| Cheemarla Damodar Reddy DIN 01643638 | Additional Director | 22 Dec 2025 | 9 mo | Sigma Advanced Systems Limited |
| Raju Somashekar Baggavalli DIN 11482140 | Additional Director | 16 Jan 2026 | 8 mo | Sigma 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.
| Name | Role | Group |
|---|---|---|
| Executive Director & CEO | Leadership | |
| CFO | Leadership | |
Mohit Varshni | Head Strategic Business Development | Leadership |
Krishna Yeachuri | Director | Board & advisors |
Ravi Kishan | New Product Development Specialist | Team |
Hari Narayana Konagandla | Finance Manager | Team |
Hari Narayana | AGM Finance | Team |
Complete people profiles for Megasoft
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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
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 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.
Detailed financial statements for Megasoft
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Investments & Acquisitions by Megasoft
Megasoft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Boston Communications Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of wireless telecommunication services | bcgi.net | Bedford, United States | 1997 | Aug 2007 | β’β’β’β’ |
Complete acquisition details for Megasoft
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Timeline of Megasoft
3 dated milestones of Megasoft across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Megasoft is founded.
- IPO Lists on the stock exchange (IPO).
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Megasoft
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Web traffic of Megasoft
The website of Megasoft (megasoft.com) receives about 21K visits a month.
- Monthly visits21K
▼ 8.7% vs previous month
Websites whose visitors overlap most with Megasoft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| xius.com | 100% | 1.4K | #11,672,498 | View details | |
webthreads.com | webthreads.com | 37% | – | – | β |
| megasoftsol.com | 34% | 18.4K | #840,895 | View 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Related news about Megasoft
Complete news archive for Megasoft
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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 βΉ37.40 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.
