Coreits Technologies Private Limited
About Coreits Technologies Private Limited
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Coreits Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 18 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2021PTC148805.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naresh Ekkurti and Ajay Babu Vadlamudi.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.2 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹60,971 (net margin 1.5%) and EBITDA of ₹85,612 (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
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- Registered AddressH.No.8 – 3 – 219/1 5th Floor Bandi Towers Srinivas Colony Beside Saradhi Studios, Ameerpet, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Coreits Technologies Private Limited
The main business activity of Coreits Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Coreits Technologies Private Limited FY 2025 filings available
Coreits Technologies Private Limited reported revenue of ₹41.2 Lakh (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Coreits Technologies Private Limited
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 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 Coreits Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹85,612 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60,971 | •••• | •••• | •••• | •••• |
| 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 Coreits Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Coreits Technologies are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Coreits Technologies Private Limited
Coreits Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iaccessible India Private Limited | ₹41.21 Lakh (FY 2024) | •••• | •••• | 229.0% | •••• | New Delhi, Delhi, India |
| Cloud Sloka Solutions Private Limited | ₹41.21 Lakh (FY 2023) | •••• | •••• | 75.0% | •••• | Hyderabad, Telangana, India |
| Ascensys Solutions Private Limited | ₹41.21 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Nizampet, Telangana, India |
| Sainnovate Tech Labs Private Limited | ₹41.2 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Pune, Maharashtra, India |
| Zrubix Solutions Private Limited | ₹41.2 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Salem, Tamil Nadu, India |
| Coreits Technologies Private Limited this company | ₹41.2 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Hyderabad, Telangana, India |
| Afia Consultancy Services Private Limited | ₹41.19 Lakh (FY 2018) | •••• | •••• | -24.0% | •••• | Patna, Bihar, India |
| Excellone Technologies and Solutions Private Limited | ₹41.19 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Kochi, Kerala, India |
| Knowledge Learning Infotech (OPC) Private Limited | ₹41.18 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Kopera Software Private Limited | ₹41.17 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Optinfocom Private Limited | ₹41.17 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Coreits Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Coreits Technologies Private Limited
Coreits Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Ekkurti | Director | 18 Feb 2021 | 5 Years 7 Months | Current |
| Ajay Babu Vadlamudi | Additional Director | 09 Aug 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Coreits Technologies 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 Coreits Technologies Private Limited
Coreits Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Coreits Technologies Private Limited
Employment history and EPFO contributions of people linked to Coreits Technologies.
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 Coreits Technologies Private Limited
Coreits Technologies Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Ajay Babu Vadlamudi was appointed as Additional Director on 09 Aug 2021.
Credit Ratings, Litigation & Regulatory Alerts for Coreits Technologies 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 Coreits Technologies 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 Coreits Technologies 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 Coreits Technologies Private Limited
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 Coreits Technologies 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 Coreits Technologies Private Limited
Coreits Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 18 February 2021 (5+ years old) and is registered under CIN U72900TG2021PTC148805.
Coreits Technologies reported revenue of ₹41.2 Lakh for FY 2025 (down 62% YoY).
Coreits Technologies has 2 current directors:
- Naresh Ekkurti - Director
- Ajay Babu Vadlamudi - Additional Director
Coreits Technologies reported a net profit of ₹60,971 (net margin 1.5%) and EBITDA of ₹85,612 (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coreits Technologies is 28% over three years. In the latest year (FY 2025) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Coreits Technologies is U72900TG2021PTC148805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coreits Technologies was incorporated on 18 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Coreits Technologies by revenue are Iaccessible India Private Limited, Cloud Sloka Solutions Private Limited, Ascensys Solutions Private Limited, Sainnovate Tech Labs Private Limited, Zrubix Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ajay Babu Vadlamudi was appointed as Additional Director on 09 Aug 2021. Durga Prasad Vemulapalli ceased to be Director on 09 Aug 2021. Naresh Ekkurti was appointed as Director on 18 Feb 2021.
The registered office of Coreits Technologies is at H.No.8 – 3 – 2191 5th Floor Bandi Towers Srinivas Colony Beside Saradhi Studios, Ameerpet, Hyderabad, Telangana, India – 500016.
Coreits Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.