Canopy Workforce Solutions India Private Limited
About Canopy Workforce Solutions India Private Limited
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Canopy Workforce Solutions India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2021PTC147564.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rama Veera Venkata Satyanarayana Reddy Kovvuri and Gopichand Bhattaram.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 91 Springboard Business Hub Pvt Ltd 2 – 41 /11/6/2 Laxmi Cyber City Kondapur, Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹11.39 Lakh (net margin 9.2%) and EBITDA of ₹15.23 Lakh (EBITDA margin 12.3%).
Company details
Contact details
Canopy Workforce Solutions India Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address91 Springboard Business Hub Pvt Ltd 2 – 41 /11/6/2 Laxmi Cyber City Kondapur, Hyderabad, Telangana, India – 500084
- 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
Business activity
The main business activity of Canopy Workforce Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Canopy Workforce Solutions India Private Limited, buy the company report.
Financials of Canopy Workforce Solutions India Private Limited
FY 2025 filings availableCanopy Workforce Solutions India Private Limited reported revenue of ₹1.23 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA fell 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.23 Lakh | ||||
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| Net Profit (PAT) | ₹11.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Canopy Workforce Solutions India Private Limited, buy the company report.
Board of directors of Canopy Workforce Solutions India Private Limited
Canopy Workforce Solutions India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Veera Venkata Satyanarayana Reddy Kovvuri Also directs: Rolling Arrays Technologies India Private Limited, Eximietas Software Private Limited, Degirum India Private Limited and 5 more | Director | 08 Jan 2021 | 5 Years 9 Months | Current |
| Hitesh Nirmal | Additional Director | 04 Oct 2024 | 2 Years 0 Months | Current |
| Gopichand Bhattaram Also directs: Metier Legal LLP, SSP Cloudguru LLP, Rolling Arrays Technologies India Private Limited and 5 more | Director | 08 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Canopy Workforce Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jinactus Consulting Private Limited | ₹1.24 Cr (FY 2025) | -27.0% | New Delhi, Delhi, India | |||
| Tekyslab Private Limited | ₹1.23 Cr (FY 2023) | -28.0% | Hydrebad, Telangana, India | |||
| Bitstar Technologies Private Limited | ₹1.23 Cr (FY 2024) | -39.0% | Bangalore, Karnataka, India | |||
| Think Ahead Innovations Private Limited | ₹1.23 Cr (FY 2024) | 35.0% | Bangalore, Karnataka, India | |||
| Eightfolds Software Technologies Private Limited | ₹1.23 Cr (FY 2021) | 33.0% | Hyderabad, Telangana, India | |||
| Canopy Workforce Solutions India Private Limitedthis company | ₹1.23 Cr (FY 2025) | ₹11.39 Lakh | 9.2% | -15.0% | Hyderabad, Telangana, India | |
| Bizgen Consultancy Private Limited | ₹1.23 Cr (FY 2019) | 4.0% | Mumbai, Maharashtra, India | |||
| Vanggharamaa BPO Private Limited | ₹1.23 Cr (FY 2024) | 375.0% | Kolkata, West Bengal, India | |||
| Alsum Infotech Private Limited | ₹1.23 Cr (FY 2025) | 43.0% | Chennai, Tamil Nadu, India | |||
| Evnoia Technologies Private Limited | ₹1.23 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Gestalt Technologies Private Limited | ₹1.23 Cr (FY 2025) | -1.0% | K R Puram, Karnataka, India |
To see the full peer comparison of Canopy Workforce Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Canopy Workforce Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Canopy Workforce Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Canopy Workforce Solutions India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Canopy Workforce Solutions India Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Hitesh Nirmal was appointed as Additional Director on 04 Oct 2024.
Frequently asked questions
Canopy Workforce Solutions India is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 January 2021 (5+ years old) and is registered under CIN U72900TG2021PTC147564.
Canopy Workforce Solutions India has 3 current directors:
- Rama Veera Venkata Satyanarayana Reddy Kovvuri - Director
- Hitesh Nirmal - Additional Director
- Gopichand Bhattaram - Director
The latest financial statements of Canopy Workforce Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Canopy Workforce Solutions India is U72900TG2021PTC147564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canopy Workforce Solutions India was incorporated on 08 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Canopy Workforce Solutions India by revenue are Jinactus Consulting Private Limited, Tekyslab Private Limited, Bitstar Technologies Private Limited, Think Ahead Innovations Private Limited, Eightfolds Software Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Hitesh Nirmal was appointed as Additional Director on 04 Oct 2024. Jaleel Khan ceased to be Additional Director on 05 Sep 2022. Gopichand Bhattaram was appointed as Director on 08 Jan 2021. Canopy Workforce Solutions India has 4 board changes on record in total.
The registered office of Canopy Workforce Solutions India is at 91 Springboard Business Hub Pvt Ltd 2 – 41 1162 Laxmi Cyber City Kondapur, Hyderabad, Telangana, India – 500084.
Canopy Workforce Solutions India operates in the information technology industry, in the IT consulting and support services segment.
Canopy Workforce Solutions India can be reached at its registered office: 91 Springboard Business Hub Pvt Ltd 2 – 41 1162 Laxmi Cyber City Kondapur, Hyderabad, Telangana, India – 500084.
Canopy Workforce Solutions India is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.