About Canit Solutions Private Limited
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Canit Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Thinkcomm Marketing And Media Services Private Limited and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC138342. Its GSTIN is 33AAJCC0115C1ZI (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.75 Lakh. It is led by directors Ghantasala Satyaprasad Rajbharat and Nickyjain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹99,534 (net margin 0.7%) and EBITDA of ₹4.17 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: CANIT. As per MCA filings, the company has open charges of ₹10 Lakh on record.
For more details, the company can be reached via its website canit-solutions-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social Media
- Registered AddressTcr Niveras Plaza 3rd Floor 205/325 Poonamallee High Road Aminjikar, Ai, Chennai, Tamil Nadu, India – 600029
- IndustryInformation Technology, IT Consulting & Support 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 Canit Solutions Private Limited
The main business activity of Canit Solutions 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 Canit Solutions Private Limited FY 2025 filings available
Canit Solutions Private Limited reported revenue of ₹1.43 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Canit Solutions Private Limited
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 21%. 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 Canit Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹99,534 | •••• | •••• | •••• | •••• |
| 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 Canit Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Canit Solutions are in the company report.
Financial statements from FY 2021
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 Canit Solutions Private Limited
Canit Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SST Telecom Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Caplib Infotainment Private Limited | ₹1.43 Cr (FY 2024) | •••• | •••• | 351.0% | •••• | New Delhi, Delhi, India |
| Aivantage Analytics Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 428.0% | •••• | Ahmedabad, Gujarat, India |
| Welspun Global Services Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Vapi, Gujarat, India |
| Cookpad India Technologies Private Limited | ₹1.43 Cr (FY 2023) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Canit Solutions Private Limited this company | ₹1.43 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Chennai, Tamil Nadu, India |
| Qbell Technologies Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Chennai, Tamil Nadu, India |
| Dex IT Consulting Private Limited | ₹1.43 Cr (FY 2021) | •••• | •••• | 151.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Maxlink IT Solutions Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| Canlitek Solutions Private Limited | ₹1.42 Cr (FY 2020) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Benhive Technologies Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Canit Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Canit Solutions Private Limited
Canit Solutions Private Limited is audited by PANNIKODEGOPINATHSADGURUDAS for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANNIKODEGOPINATHSADGURUDAS | 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 Canit Solutions Private Limited
Canit Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghantasala Satyaprasad Rajbharat | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Nickyjain | Director | 19 Jun 2023 | 3 Years 3 Months | Current |
Ownership and Shareholding of Canit Solutions 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 Canit Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2022 | Indian Overseas Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Canit Solutions Private Limited
Canit Solutions Private Limited has a workforce of 0 employees as of Mar 31, 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 Canit Solutions Private Limited
Canit Solutions Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Seshu Karthick Tanveer ceased to be Director on 06 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Canit Solutions 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 Canit Solutions 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 Canit Solutions 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 Canit Solutions Private Limited
Canit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCC0115C1ZI | Tamil Nadu | Active | 07 Nov 2020 |
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 Canit Solutions 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 Canit Solutions Private Limited
Canit Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 October 2020 (6+ years old) and is registered under CIN U72900TN2020PTC138342.
Canit Solutions reported revenue of ₹1.43 Cr for FY 2025 (down 16% YoY).
Canit Solutions has 2 current directors:
- Ghantasala Satyaprasad Rajbharat - Director
- Nickyjain - Director
Canit Solutions reported a net profit of ₹99,534 (net margin 0.7%) and EBITDA of ₹4.17 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Canit Solutions is 21% over three years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Canit Solutions is 33AAJCC0115C1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Canit Solutions is U72900TN2020PTC138342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canit Solutions was incorporated on 01 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Canit Solutions by revenue are SST Telecom Private Limited, Caplib Infotainment Private Limited, Aivantage Analytics Private Limited, Welspun Global Services Limited, Cookpad India Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Seshu Karthick Tanveer ceased to be Director on 06 Aug 2025. Ghantasala Satyaprasad Rajbharat was appointed as Director on 29 Mar 2024. Ghantasala Devi Annapurna ceased to be Director on 30 Aug 2023. Canit Solutions has 6 board changes on record in total.
Yes, Canit Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).