Continuserve Softech India Private Limited

Continuserve Softech India Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2003PTC033122 Incorporated 30 December 2003 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹94.29 Cr
▲ 37% YoY
Net profit · FY 2024
₹10.91 Cr
Net margin 11.6%
EBITDA · FY 2024
₹15.38 Cr
EBITDA margin 16.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
607
Provident fund records
Directors on board
4
As per MCA filings

About Continuserve Softech India Private Limited

Data last updated:

Continuserve Softech India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Continuserve Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 December 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC033122. Its GSTIN is 29AACCC8342A1ZX (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Muthukrishnan Neelmanikandan Konar and Pradeep Khurana.

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 Prathik Tech Park, Bengaluru, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹94.29 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹10.91 Cr (net margin 11.6%) and EBITDA of ₹15.38 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.

The company has about 607 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ContinuServe.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website continuserve.com.

Company Details of Continuserve Softech India Private Limited
CIN U72200KA2003PTC033122
Registration Number 033122
Incorporation Date 30 December 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Continuserve Llc
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Prathik Tech Park 2nd & 3rd Floor 93/1 Veerasandra Village Hosur Road Electronic City Pha, Se – 1, Bengaluru, Karnataka, India – 560100
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Continuserve Softech India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Continuserve Softech India Private Limited

Continuserve Softech India operates one associated brand: ContinuServe. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive BPO, IT management, and strategy services for businesses.continuserve.com

Competitors & Alternatives of Continuserve Softech India Private Limited

Brands and companies operating in the same space as Continuserve Softech India Private Limited include 1&1 IONOS, Genpact, NTT DATA and 5 more.

CompetitorDescriptionLocationFounded
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS.Chesterbrook, United States1988
Genpact Genpact Provider of end-to-end business process outsourcing servicesNew York, United States1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided.Koto City, Japan1967
Accenture Accenture IT and management consultancy services are provided globally.Dublin, Ireland1989
Breed Reply Breed Reply AI, cloud, and blockchain services are provided globally.Turin, Italy1996
Globant Globant IT and digital transformation services are delivered to various industries.Buenos Aires, Argentina2003
KPMG KPMG Audit, tax, accounting, strategy, and financial advisory services are provided.London, United Kingdom1987
UST UST High-quality office furniture is provided by UST for various needs.Taiwan1998

Business Activity of Continuserve Softech India Private Limited

The main business activity of Continuserve Softech India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Continuserve Softech India Private Limited

Continuserve Softech India Private Limited is audited by GMG ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
GMG ASSOCIATESLockedLockedLocked
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Board of Directors of Continuserve Softech India Private Limited

Continuserve Softech India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Muthukrishnan Neelmanikandan KonarDirector01 Sep 20233 Years 1 MonthsCurrent
Pradeep KhuranaDirector30 Dec 200322 Years 9 MonthsCurrent
Yogesh Sohanlal KothariDirector01 Sep 20233 Years 1 MonthsCurrent
Nitin Kamalaksha PaiDirector10 Oct 20169 Years 11 MonthsCurrent

Financials of Continuserve Softech India Private Limited FY 2024 filings available

Continuserve Softech India Private Limited reported revenue of ₹94.29 Cr (up 37% YoY) for FY 2024.

Revenue · FY 2024
₹94.29 Cr ▲ 37%
Net profit · FY 2024
₹10.91 Cr margin 11.6%
EBITDA · FY 2024
₹15.38 Cr margin 16.3%

Compounded Annual Growth Rate (CAGR) of Continuserve Softech India Private Limited

Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 34%
5 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 37% growth in the latest year. EBITDA rose 20% 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 Continuserve Softech India Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹15.38 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹10.91 Cr••••••••••••••••
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 Continuserve Softech India Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.3%••••••••••••••••
Net Profit Margin11.6%••••••••••••••••
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 Continuserve Softech India are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Continuserve Softech India Private Limited

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Charges & Borrowings of Continuserve Softech India Private Limited

Continuserve Softech India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Continuserve Softech India Private Limited

Continuserve Softech India Private Limited has a workforce of 607 employees as of Apr 05, 2024.

Employee count
607
Active EPFO establishments
1
Employee growth
23.88%
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Continuserve Softech India Private Limited

Continuserve Softech India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCC8342A1ZXKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Continuserve Softech India Private Limited

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MSME Payment Delays by Continuserve Softech India Private Limited

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Subsidiaries & Group Companies of Continuserve Softech India Private Limited

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MCA Filings & Documents of Continuserve Softech India Private Limited

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Recent Activity on Continuserve Softech India Private Limited

Activity
30 Sep 2024
Continuserve Softech India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Continuserve Softech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Directors
01 Sep 2023
Muthukrishnan Neelmanikandan Konar was appointed as a Director on 01 Sep 2023 & has been associated with this company since 3 years 1 month.
Directors
01 Sep 2023
Yogesh Sohanlal Kothari was appointed as a Director on 01 Sep 2023 & has been associated with this company since 3 years 1 month.
Directors
10 Oct 2016
Nitin Kamalaksha Pai was appointed as a Director on 10 Oct 2016 & has been associated with this company since 9 years 11 months.
Directors
30 Dec 2003
Pradeep Khurana was appointed as a Director on 30 Dec 2003 & has been associated with this company since 22 years 9 months.

Frequently Asked Questions about Continuserve Softech India Private Limited

Continuserve Softech India is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 December 2003 (23+ years old) and is registered under CIN U72200KA2003PTC033122.

Continuserve Softech India reported revenue of ₹94.29 Cr for FY 2024 (up 37% YoY).

Continuserve Softech India has 4 current directors:

Continuserve Softech India reported a net profit of ₹10.91 Cr (net margin 11.6%) and EBITDA of ₹15.38 Cr (EBITDA margin 16.3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Continuserve Softech India is 28% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Continuserve Softech India is 29AACCC8342A1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Continuserve Softech India is U72200KA2003PTC033122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Continuserve Softech India was incorporated on 30 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Continuserve Softech India can be reached through the website continuserve.com. Its registered office is in Bengaluru, Karnataka, India.

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