MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0019343
Clove Technologies Private Limited - engineering in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹46.24 Cr
▲ 18% YoY
Net profit · FY 2024
₹3.63 Cr
Net margin 7.9%
EBITDA · FY 2024
₹9.82 Cr
EBITDA margin 21.2%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹55.56 Lakh
Issued & subscribed
Open charges
₹13.87 Cr
Satisfied ₹31.93 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
447
Provident fund records
About Clove Technologies Private Limited
Data last updated:
Clove Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 25 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2004PTC042728. Its GSTIN is 36AACCC3809Q1ZB (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹55.56 Lakh. It was formerly known as Anytime Technologies Pvt Ltd. It is led by directors including Narasimha Raju Kalidindi Kumara Venkata (Managing Director) and Padma Nadimpalli (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vvg Park, Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.24 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 7.9%) and EBITDA of ₹9.82 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 11% over five years.
The company has about 447 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand: Clove Technologies. As per MCA filings, the company has open charges of ₹13.87 Cr and satisfied charges of ₹31.93 Cr on record.
Clove Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0019343). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clovetech.com.
Company details
CIN U72200TG2004PTC042728
Registration Number 042728
Incorporation Date 25 February 2004
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0019343
CIN history
Clove Technologies has one previous CIN (Corporate Identification Number): U72200AP2004PTC042728. The current CIN is U72200TG2004PTC042728, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2004PTC042728 | Current |
| U72200AP2004PTC042728 | Previous |
Key People
Narasimha Raju Kalidindi Kumara Venkata Managing Director Padma Nadimpalli Whole-Time Director Subramanya Varma Tirumalaraju Whole-Time Director Recognitions & Rankings of Clove Technologies
Contact details
Clove Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is clovetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVvg Parkview Pt No. 50 Hno: 1 – 63/50 Kavuri Hills Guttala Begumpet Village Serilingampally, Mandal, Hyderabad, Telangana, India – 500033
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Clove Technologies Private Limited, buy the company report.
Comprehensive company report
Clove Technologies Private Limited - one report that includes everything
- 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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Brands
Clove Technologies operates one associated brand: Clove Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web & mobile application development service | clovetech.com |
Business activity
The main business activity of Clove Technologies 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 Clove Technologies Private Limited, buy the company report.
Financials of Clove Technologies Private Limited
FY 2025 filings availableClove Technologies Private Limited reported revenue of ₹46.24 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹46.24 Cr ▲ 18%
Net profit · FY 2024
₹3.63 Cr margin 7.9%
EBITDA · FY 2024
₹9.82 Cr margin 21.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 38%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 130%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 18% growth in the latest year. EBITDA rose 47% 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 | ₹9.82 Cr | ||||
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| Net Profit (PAT) | ₹3.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Clove Technologies Private Limited, buy the company report.
Board of directors of Clove Technologies Private Limited
Clove Technologies has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kumar Penmetsa Also directs: Clove Innovent LLP, Clove Properties Private Limited, Clove Ventures Private Limited and 3 more | Director | 02 May 2006 | 20 Years 5 Months | Current |
| Narasimha Raju Kalidindi Kumara Venkata Also directs: Aquadata Informatics LLP, Clove Innovent LLP, Clove Properties Private Limited and 1 more | Managing Director | 25 Feb 2004 | 22 Years 8 Months | Current |
| Padma Nadimpalli | Whole-Time Director | 01 Oct 2011 | 15 Years 0 Months | Current |
| Sri Kumari Valli Achyuta Kalidindi | Director | 25 Feb 2004 | 22 Years 8 Months | Current |
| Subramanya Varma Tirumalaraju | Whole-Time Director | 01 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Clove Technologies Private Limited is audited by NARVEN ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARVEN ASSOCIATES | FY 2023 | 005905S |
Shareholding
The shareholding of Clove Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clove Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.87 Cr
Satisfied charges
₹31.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2023 | 100725339 | Others | ₹1.1 Cr | Open | |
| 16 Nov 2022 | 100649583 | Others | ₹12.77 Cr | Open | |
| 30 Apr 2019 | 100271439 | Others | ₹14.53 Cr | Satisfied | |
| 31 Jan 2015 | 10548243 | Hdfc Bank Limited | ₹14.6 Cr | Satisfied | |
| 01 Oct 2009 | 10177011 | State Bank of India | ₹2.8 Cr | Satisfied |
To see the full charge records of Clove Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Clove Technologies 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 Clove Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Clove Technologies has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Clove IT Solutions Private Limited | U72200TG2015PTC101728 |
To see the full group structure of Clove Technologies Private Limited, buy the company report.
Employees & EPFO
Clove Technologies Private Limited has a workforce of 447 employees on its EPFO records as of Sep 12, 2024, across 1 active EPFO establishment.
Employee count
447
Active EPFO establishments
1
Employee growth
2.05%
GST
Clove Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCC3809Q1ZB | Telangana | Active | 01 Jul 2017 |
| 37AACCC3809Q1Z9 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clove Technologies Private Limited, buy the company report.
Recent activity
Clove Technologies Private Limited has 5 board changes on record since 2004: 5 appointments. The latest: Padma Nadimpalli was appointed as Whole-Time Director on 01 Oct 2011.
AGM
Clove Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 1,276.81 Lakh registered on 16 Nov 2022 with Charge ID 100649583 was modified on 31 Jul 2025.
Filing
Clove Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others of Rs. 110.00 Lakh registered on 29 Apr 2023 with Charge ID 100725339 was modified on 18 May 2024.
Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 100725339 was registered on 29 Apr 2023.
Charges
A charge with Others amounted to Rs. 1,276.81 Lakh with Charge ID 100649583 was registered on 16 Nov 2022.
Charges
A charge registered on 30 Apr 2019 via Charge ID 100271439 with Others was fully satisfied on 02 Jul 2022.
Charges
A charge with Others of Rs. 1,452.95 Lakh registered on 30 Apr 2019 with Charge ID 100271439 was modified on 29 Jun 2020.
Charges
A charge registered on 31 Jan 2015 via Charge ID 10548243 with Hdfc Bank Limited was fully satisfied on 17 Jul 2019.
Charges
A charge with Others amounted to Rs. 1,452.95 Lakh with Charge ID 100271439 was registered on 30 Apr 2019.
Charges
A charge with Hdfc Bank Limited of Rs. 1,460.00 Lakh registered on 31 Jan 2015 with Charge ID 10548243 was modified on 28 Mar 2018.
Charges
A charge registered on 01 Oct 2009 via Charge ID 10177011 with State Bank Of India was fully satisfied on 11 Feb 2015.
9 earlier events are in the company report.
Frequently asked questions
Clove Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 25 February 2004 (22+ years old) and is registered under CIN U72200TG2004PTC042728.
Clove Technologies has 5 current directors:
- Narasimha Raju Kalidindi Kumara Venkata - Managing Director
- Padma Nadimpalli - Whole-Time Director
- Subramanya Varma Tirumalaraju - Whole-Time Director
- Vinay Kumar Penmetsa - Director
- Sri Kumari Valli Achyuta Kalidindi - Director
The latest financial statements of Clove Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clove Technologies is 36AACCC3809Q1ZB, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AACCC3809Q1Z9 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Clove Technologies is U72200TG2004PTC042728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clove Technologies was incorporated on 25 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Padma Nadimpalli was appointed as Whole-Time Director on 01 Oct 2011. Subramanya Varma Tirumalaraju was appointed as Whole-Time Director on 01 Oct 2011. Vinay Kumar Penmetsa was appointed as Director on 02 May 2006. Clove Technologies has 5 board changes on record in total.
Yes, Clove Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0019343).
Clove Technologies can be reached through the website clovetech.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Clove Technologies is at Vvg Parkview Pt No. 50 Hno: 1 – 6350 Kavuri Hills Guttala Begumpet Village Serilingampally, Mandal, Hyderabad, Telangana, India – 500033.