About Bsit Software Services Private Limited
Data last updated:
Bsit Software Services Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC115037. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharada Nainavath and Bhanu Chandar Garigela.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.7 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹10,709 (net margin -0.6%) and EBITDA of ₹87,326 (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BSIT Software Services. Court records list 9 cases involving the company, including 2 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bsitsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSy. No: 18 2nd Floor Block A & B Vyshanvis Cynosure Telecom Nagar Extn, Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Web Design & Maintenance Services
- 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
- One PDF report, delivered after checkout
Business Activity of Bsit Software Services Private Limited
The main business activity of Bsit Software Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bsit Software Services Private Limited FY 2024 filings available
Bsit Software Services Private Limited reported revenue of ₹17.7 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bsit Software Services Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 41% 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 of Bsit Software Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹87,326 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10,709 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bsit Software Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bsit Software Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bsit Software Services Private Limited
Bsit Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services, Website Design and Maintenance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suvarchala Solutionzs Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Alfyi Designs Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Level Next Vision Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| NZ Technologies Private Limited | •••• | •••• | •••• | •••• | - | Himachal Pradesh, India |
| Solter Vision Private Limited | •••• | •••• | •••• | •••• | - | Udaipur, Rajasthan, India |
| Bsit Software Services Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Litrus Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Web Creations Technologies Private Limited | •••• | •••• | •••• | •••• | - | Shahdara, Delhi, India |
| Designbit Software Private Limited | •••• | •••• | •••• | •••• | - | Hisar, Haryana, India |
| Edgesof Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ovid Technologies Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bsit Software Services by revenue in the Information Technology industry (Software Services, Website Design and Maintenance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bsit Software Services Private Limited
Bsit Software Services Private Limited is audited by RMRK & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RMRK & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bsit Software Services Private Limited
Bsit Software Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharada Nainavath | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Bhanu Chandar Garigela | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Bsit Software Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bsit Software Services Private Limited
Bsit Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Bsit Software Services Private Limited
Bsit Software Services Private Limited has 9 court cases on record: 2 filed by Bsit Software Services, 5 filed against it, 2 where it is another party. 4 cases are pending and 5 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 2 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
| High Court for State of Telangana | Court case (CRLP) | Company is another party | Pending |
| District court, Medchal Malkajgiri, Telangana | Court case (CC.NI) | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Court case (CC.NI) | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Court case (CRLRP) | Filed against the company by an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Bsit Software Services Private Limited
Bsit Software Services operates one associated brand: BSIT Software Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software, mobile app, web development, and digital marketing solutions. | bsitsoftware.com |
Employees and EPFO Compliance at Bsit Software Services Private Limited
Bsit Software Services Private Limited has a workforce of 16 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bsit Software Services Private Limited
Bsit Software Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Bhanu Chandar Garigela was appointed as Director on 07 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Bsit Software Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bsit Software Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bsit Software Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bsit Software Services Private Limited
Bsit Software Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bsit Software Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bsit Software Services Private Limited
Bsit Software Services is an active private limited company based in Hyderabad, Telangana, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U72900TG2017PTC115037.
Bsit Software Services reported revenue of ₹17.7 Lakh for FY 2024 (up 2% YoY).
Bsit Software Services has 2 current directors:
- Sharada Nainavath - Director
- Bhanu Chandar Garigela - Director
Bsit Software Services reported a net loss of ₹10,709 (net margin -0.6%) and EBITDA of ₹87,326 (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bsit Software Services is -4% over three years and -2% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
No. Bsit Software Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bsit Software Services is U72900TG2017PTC115037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bsit Software Services has 9 court cases on record: 2 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Bsit Software Services was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bsit Software Services by revenue are Suvarchala Solutionzs Private Limited, Alfyi Designs Private Limited, Level Next Vision Private Limited, NZ Technologies Private Limited, Solter Vision Private Limited and 5 more, all in the Information Technology industry (Software Services, Website Design and Maintenance).
Bhanu Chandar Garigela was appointed as Director on 07 Feb 2017. Sharada Nainavath was appointed as Director on 07 Feb 2017.