Covetit Software Private Limited
About Covetit Software Private Limited
Data last updated:
Covetit Software 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 06 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC140048. Its GSTIN is 36AAICC6957B1ZL (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhavi Sri Muriki and Sravanthi Miryala.
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 Plotno 47/P And 55 Surya Homes 5th Floor Aparna County Access Road Matrusrinagar, Hyderabad, Telangana, India – 500049.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.44 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Lakh (net margin 3.2%) and EBITDA of ₹3.81 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
Company details
Contact details
Covetit Software Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlotno 47/P And 55 Surya Homes 5th Floor Aparna County Access Road Matrusrinagar, Hyderabad, Telangana, India – 500049
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Covetit Software 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 Covetit Software 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 Covetit Software Private Limited, buy the company report.
Financials of Covetit Software Private Limited
FY 2025 filings availableCovetit Software Private Limited reported revenue of ₹97.44 Lakh (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 36% 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 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 | ₹3.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.08 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Covetit Software Private Limited, buy the company report.
Board of directors of Covetit Software Private Limited
Covetit Software 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 |
|---|---|---|---|---|
| Madhavi Sri Muriki | Director | 06 Apr 2020 | 6 Years 6 Months | Current |
| Sravanthi Miryala Also directs: S3vision Software Private Limited | Director | 25 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Covetit Software Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Jag Bros Consultants Private Limited | ₹97.47 Lakh (FY 2021) | -33.0% | Delhi, India | |||
| Envision Computer Training Institute Private Limited | ₹97.46 Lakh (FY 2024) | 95.0% | Pune, Maharashtra, India | |||
| RP Software Technology Private Limited | ₹97.44 Lakh (FY 2025) | -6.0% | Thiruvananthapuram, Kerala, India | |||
| Covetit Software Private Limitedthis company | ₹97.44 Lakh (FY 2025) | ₹3.08 Lakh | 3.2% | -22.0% | 10 | Hyderabad, Telangana, India |
| Practicenext Digital Private Limited | ₹97.4 Lakh (FY 2016) | 151.0% | Mumbai, Maharashtra, India | |||
| Shouto Technologies Private Limited | ₹97.4 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| Allsoft Consulting Private Limited | ₹97.4 Lakh (FY 2024) | 45.0% | Raipur, Chhattisgarh, India | |||
| Transcog AI Private Limited | ₹97.36 Lakh (FY 2025) | 71.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Covetit Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Covetit Software 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 Covetit Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Covetit Software Private Limited has a workforce of 10 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Covetit Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICC6957B1ZL | Telangana | Active | 09 Jul 2021 |
To see the full GST registrations and return filing status of Covetit Software Private Limited, buy the company report.
Recent activity
Covetit Software Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sravanthi Miryala was appointed as Director on 25 Aug 2025.
Frequently asked questions
Covetit Software 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 06 April 2020 (6+ years old) and is registered under CIN U72900TG2020PTC140048.
Covetit Software has 2 current directors:
- Madhavi Sri Muriki - Director
- Sravanthi Miryala - Director
The latest financial statements of Covetit Software 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 FY 2021 are in the company report.
The GSTIN of Covetit Software is 36AAICC6957B1ZL, registered in Telangana.
The CIN (Corporate Identification Number) of Covetit Software is U72900TG2020PTC140048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covetit Software was incorporated on 06 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Covetit Software by revenue are Jag Bros Consultants Private Limited, Envision Computer Training Institute Private Limited, RP Software Technology Private Limited, Practicenext Digital Private Limited, Shouto Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sravanthi Miryala was appointed as Director on 25 Aug 2025. Madhavi Sri Muriki was appointed as Director on 06 Apr 2020. Shakuntala Dodla was appointed as Director on 06 Apr 2020.
The registered office of Covetit Software is at Plotno 47P And 55 Surya Homes 5th Floor Aparna County Access Road Matrusrinagar, Hyderabad, Telangana, India – 500049.
Covetit Software operates in the information technology industry, in the other computer related activities segment.
Covetit Software can be reached at its registered office: Plotno 47P And 55 Surya Homes 5th Floor Aparna County Access Road Matrusrinagar, Hyderabad, Telangana, India – 500049.