About Canopyone IT Solutions India Private Limited
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Canopyone IT Solutions India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PTC076325. Its GSTIN is 36AAECC5466F1ZN (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ganga Thukuntla Bhavani and Gopal Reddy Bethi.
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 4th Floor Plot No.7/1 Survey No.64 Hitech City Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.63 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹49.11 Lakh (net margin 4.2%) and EBITDA of ₹95.22 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Canopy One Solutions Inc.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website canopyone.com.
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- Website
- Social Media
- Registered Address4th Floor Plot No.7/1 Survey No.64 Hitech City Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
- 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
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Financials of Canopyone IT Solutions India Private Limited FY 2024 filings available
Canopyone IT Solutions India Private Limited reported revenue of ₹11.63 Cr (up 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Canopyone IT Solutions India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 21% growth in the latest year. EBITDA fell 10% 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 Canopyone IT Solutions India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.63 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹95.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.11 Lakh | •••• | •••• | •••• | •••• |
| 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 Canopyone IT Solutions India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Canopyone IT Solutions India are in the company report.
Financial statements from 2015
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.
Auditor Details of Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India Private Limited is audited by A.V.RAGHUNADHA RAO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.V.RAGHUNADHA RAO | 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 Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganga Thukuntla Bhavani | Director | 06 Sep 2011 | 15 Years 1 Months | Current |
| Gopal Reddy Bethi | Director | 06 Sep 2011 | 15 Years 1 Months | Current |
| Kiran Kumar Thuraga | Director | 06 Sep 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Canopyone IT Solutions India 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 Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India operates one associated brand: Canopy One Solutions Inc. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides expert consulting services in data and AI to support business innovation. | canopyone.com |
Employees and EPFO Compliance at Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India Private Limited has a workforce of 69 employees as of Apr 05, 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 Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Ganga Thukuntla Bhavani was appointed as Director on 06 Sep 2011.
Credit Ratings, Litigation & Regulatory Alerts for Canopyone IT Solutions India 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 Canopyone IT Solutions India 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 Canopyone IT Solutions India 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 Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECC5466F1ZN | Telangana | Active | 24 Apr 2018 |
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 Canopyone IT Solutions India 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 Canopyone IT Solutions India Private Limited
Canopyone IT Solutions India is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 September 2011 (15+ years old) and is registered under CIN U72200TG2011PTC076325.
Canopyone IT Solutions India reported revenue of ₹11.63 Cr for FY 2023 (up 21% YoY).
Canopyone IT Solutions India has 3 current directors:
- Ganga Thukuntla Bhavani - Director
- Gopal Reddy Bethi - Director
- Kiran Kumar Thuraga - Director
Canopyone IT Solutions India reported a net profit of ₹49.11 Lakh (net margin 4.2%) and EBITDA of ₹95.22 Lakh (EBITDA margin 8.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Canopyone IT Solutions India is 23% over three years. In the latest year (FY 2023) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Canopyone IT Solutions India is 36AAECC5466F1ZN, registered in Telangana.
The CIN (Corporate Identification Number) of Canopyone IT Solutions India is U72200TG2011PTC076325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canopyone IT Solutions India was incorporated on 06 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ganga Thukuntla Bhavani was appointed as Director on 06 Sep 2011. Gopal Reddy Bethi was appointed as Director on 06 Sep 2011. Kiran Kumar Thuraga was appointed as Director on 06 Sep 2011.
Canopyone IT Solutions India can be reached through the website canopyone.com. Its registered office is in Hyderabad, Telangana, India.