About Crmit Solutions Private Limited
Data last updated:
Crmit Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC032570. Its GSTIN is 29AABCI1483K1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹53.03 Lakh. It was formerly known as Infact Infotech India Private Limited. It is led by directors including Vinod Narapareddy (Managing Director) and Shalini Narapa Reddy.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fortune Summit Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.54 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹8.52 Cr (net margin 10%) and EBITDA of ₹13.66 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 24% over five years.
The company has about 201 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CRMIT. As per MCA filings, the company has open charges of ₹2.64 Cr and satisfied charges of ₹6.49 Cr on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.29 Cr; the latest was in November 2021. Its 10 peer companies in the Information Technology industry (Application Development, IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Applied Cloud Computing Private Limited with revenue of ₹86.07 Cr. The company has 13 MSME Form 1 returns on record between 2018 and 2023, listing 27 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crmit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFortune Summit Business Park No 244 6th Floor Hosur Main Road Central Silk Board Junc, Tion, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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 Crmit Solutions Private Limited
The main business activity of Crmit Solutions 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 Crmit Solutions Private Limited FY 2025 filings available
Crmit Solutions Private Limited reported revenue of ₹85.54 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Crmit Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 21% growth in the latest year. EBITDA rose 25% 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 Crmit Solutions 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 | ₹13.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.52 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 Crmit Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 Crmit Solutions are in the company report.
Financial statements from 2015
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 Crmit Solutions Private Limited
Crmit Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Applied Cloud Computing Private Limited | ₹86.07 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Thane, Maharashtra, India |
| Artek Enterprises Private Ltd. | ₹85.68 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| BC Management Services Private Limited | ₹85.64 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Dadri, Uttar Pradesh, India |
| Intelligencenode Consulting Private Limited | ₹85.6 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Twinstar Industries Limited Listed | ₹85.55 Cr (FY 2019) | •••• | •••• | -54.0% | •••• | Mumbai, Maharashtra, India |
| Crmit Solutions Private Limited this company | ₹85.54 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Bharat IT Services Limited | ₹85.48 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Betterbot Tech Services Private Limited | ₹85.23 Cr (FY 2025) | •••• | •••• | 287.0% | •••• | Noida, Uttar Pradesh, India |
| Poshmark India Private Limited | ₹85.04 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Mphatek Systems Private Limited | ₹84.91 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune City, Maharashtra, India |
| IT Convergence Professional Services Private Limited | ₹84.89 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Crmit Solutions by revenue in the Information Technology industry (Application Development, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Crmit Solutions Private Limited
Crmit Solutions Private Limited is audited by A N Chaluvaiya & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A N Chaluvaiya & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Crmit Solutions Private Limited
Crmit Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Narapareddy Also directs: Quantrock LLP, Quantrock Private Limited | Managing Director | 16 Jun 2004 | 22 Years 3 Months | Current |
| Shalini Narapa Reddy Also directs: Quantrock LLP, Quantrock Private Limited | Director | 09 Aug 2010 | 16 Years 1 Months | Current |
| Vishal Narapareddy | Director | 07 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Crmit Solutions 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 Crmit Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2024 | Others | ₹2.64 Cr | Open |
| 30 Mar 2023 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
| 18 Feb 2019 | Citi Bank N.A. | ₹1.5 Cr | Satisfied |
| 29 Jan 2018 | Hdfc Bank Limited | ₹99 Lakh | Satisfied |
| 27 Aug 2015 | Icici Bank Limited | ₹2.5 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Crmit Solutions Private Limited
Crmit Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.29 Cr; the latest was in November 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round | ₹1.23 Cr | Investors: Quantrock Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Nov 2006 | Funding round | ₹5.7 Lakh | Investors: 4 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Crmit Solutions Private Limited
Crmit Solutions Private Limited has 13 MSME Form 1 returns on record between 2018 and 2023, listing 27 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Quality Matrix Test Solutions Private Limited | •••• | •••• | •••• |
| CRM Landing Software Private Limited | •••• | •••• | •••• |
| Silicon Secure Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Crmit Solutions Private Limited
Crmit Solutions Private Limited has a workforce of 201 employees as of Apr 09, 2024.
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 Crmit Solutions Private Limited
Crmit Solutions Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Vishal Narapareddy was appointed as Director on 07 Aug 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Crmit Solutions 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.
Subsidiaries & Group Companies of Crmit Solutions 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 Crmit Solutions Private Limited
Crmit Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI1483K1ZB | Karnataka | Active | 01 Jul 2017 |
| 08AABCI1483K1ZF | Rajasthan | Active | 01 Oct 2024 |
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 Crmit Solutions 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 Crmit Solutions Private Limited
Crmit Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 September 2003 (23+ years old) and is registered under CIN U72900KA2003PTC032570.
Crmit Solutions reported revenue of ₹85.54 Cr for FY 2025 (up 21% YoY).
Crmit Solutions has 3 current directors:
- Vinod Narapareddy - Managing Director
- Shalini Narapa Reddy - Director
- Vishal Narapareddy - Director
Crmit Solutions reported a net profit of ₹8.52 Cr (net margin 10%) and EBITDA of ₹13.66 Cr (EBITDA margin 16%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Crmit Solutions is 9% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Crmit Solutions is 29AABCI1483K1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AABCI1483K1ZF (Rajasthan).
The CIN (Corporate Identification Number) of Crmit Solutions is U72900KA2003PTC032570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crmit Solutions was incorporated on 16 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Crmit Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.29 Cr; the latest was in November 2021.
The peers of Crmit Solutions by revenue are Applied Cloud Computing Private Limited, Artek Enterprises Private Ltd, BC Management Services Private Limited, Intelligencenode Consulting Private Limited, Twinstar Industries Limited and 5 more, all in the Information Technology industry (Application Development, IT Consulting and Services).
Vishal Narapareddy was appointed as Director on 07 Aug 2024. Shalini Narapa Reddy ceased to be Additional Director on 15 Sep 2010. Chokkanathan Nagasubramanian ceased to be Director on 09 Aug 2010. Crmit Solutions has 5 board changes on record in total.
Crmit Solutions has 13 MSME Form 1 returns on record between 2018 and 2023, listing 27 overdue payments to 9 micro and small suppliers. The latest return was filed on 19 Dec 2023.