About Cbit IT Solutions Private Limited
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Cbit IT Solutions Private Limited is a private limited company based in Medchal, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2012PTC082634. The company has 1 GST registration on record, which is no longer active.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 was formerly known as Zaars It Technologies Private Limited. It is led by directors Khuddus Shaik and Shaik Nabi Saheb.
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 Unit No.1 Plot No.2 3 10&11 Dammamiguda Nagaram Village Keesara Mandal, Medchal, Telangana, India – 500047.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.22 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Lakh (net margin 1.5%) and EBITDA of ₹6.73 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.05 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cbittech.com.
Company details
CIN history
Cbit IT Solutions has one previous CIN (Corporate Identification Number): U72300AP2012PTC082634. The current CIN is U72300TG2012PTC082634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2012PTC082634 | Current |
| U72300AP2012PTC082634 | Previous |
Contact details
Cbit IT Solutions Private Limited's registered office is in Medchal, Telangana. Its website is cbittech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.1 Plot No.2 3 10&11 Dammamiguda Nagaram Village Keesara Mandal, Medchal, Telangana, India – 500047
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Cbit IT Solutions Private Limited, buy the company report.
- 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 Cbit IT Solutions 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 Cbit IT Solutions Private Limited, buy the company report.
Financials of Cbit IT Solutions Private Limited
FY 2024 filings availableCbit IT Solutions Private Limited reported revenue of ₹1.22 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 21% fall in the latest year. EBITDA fell 60% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.73 Lakh | ||||
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| Net Profit (PAT) | ₹1.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Cbit IT Solutions Private Limited, buy the company report.
Board of directors of Cbit IT Solutions Private Limited
Cbit IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khuddus Shaik Also directs: Hyperstorz Network Private Limited | Director | 23 Aug 2012 | 14 Years 2 Months | Current |
| Shaik Nabi Saheb | Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Peer comparison
Cbit IT Solutions Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Ramora Technologies Private Limited | ₹1.22 Cr (FY 2025) | 1.0% | Rajkot, Gujarat, India | |||
| Sura Systems Private Limited | ₹1.22 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Cyberroot Risk Advisory Private Limited | ₹1.22 Cr (FY 2024) | 43.0% | Gurgaon, Haryana, India | |||
| Cbit IT Solutions Private Limitedthis company | ₹1.22 Cr (FY 2024) | ₹1.87 Lakh | 1.5% | -21.0% | 8 | Medchal, Telangana, India |
| Oriensol Systems Private Limited | ₹1.22 Cr (FY 2019) | 56.0% | Cuttack, Odisha, India | |||
| Mub IT Services Private Limited | ₹1.22 Cr (FY 2022) | Hyderabad, Telangana, India | ||||
| Cloudqix Software Private Limited | ₹1.22 Cr (FY 2025) | -21.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Cbit IT Solutions Private Limited, buy the company report.
Auditor
Cbit IT Solutions Private Limited is audited by ESWAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ESWAR & CO | FY 2017 | 001177S |
Shareholding
The shareholding of Cbit IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cbit IT Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2021 | 100519512 | Hdfc Bank Limited | ₹4.05 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Cbit IT Solutions 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 Cbit IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cbit IT Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Cbit IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cbit IT Solutions Private Limited, buy the company report.
Recent activity
Cbit IT Solutions Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Bantumelli Prashanth ceased to be Director on 29 Oct 2024.
Frequently asked questions
Cbit IT Solutions is an active private limited company based in Medchal, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 August 2012 (14+ years old) and is registered under CIN U72300TG2012PTC082634.
Cbit IT Solutions has 2 current directors:
- Khuddus Shaik - Director
- Shaik Nabi Saheb - Director
The latest financial statements of Cbit IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Cbit IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Cbit IT Solutions is U72300TG2012PTC082634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cbit IT Solutions was incorporated on 23 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Cbit IT Solutions by revenue are Ramora Technologies Private Limited, Sura Systems Private Limited, Cyberroot Risk Advisory Private Limited, Oriensol Systems Private Limited, Mub IT Services Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bantumelli Prashanth ceased to be Director on 29 Oct 2024. Shaik Nabi Saheb was appointed as Director on 01 Oct 2024. Shaik Jarina Begam ceased to be Director on 26 Nov 2021. Cbit IT Solutions has 5 board changes on record in total.
Cbit IT Solutions can be reached through the website cbittech.com. Its registered office is in Medchal, Telangana, India.
The registered office of Cbit IT Solutions is at Unit No.1 Plot No.2 3 10&11 Dammamiguda Nagaram Village Keesara Mandal, Medchal, Telangana, India – 500047.
Cbit IT Solutions operates in the information technology industry, in the IT consulting and support services segment.
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