About Derivatives IT Services Private Limited
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Derivatives IT Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC101897. Its GSTIN is 33AAFCD4276K1ZI (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagarathinam Shanmugasundaram (Managing Director) and Sheik Thanisha Muneer Ahamed.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 27/12 First Floor (Front Portion) Veterinary Hospital Road Fanpet Nandanam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.08 Cr, a growth of 150% compared to the previous year. For the same year it recorded a net loss of ₹19.82 Lakh (net margin -18.3%) and EBITDA of -₹19.66 Lakh (EBITDA margin -18.2%). Revenue has grown at a compounded annual rate (CAGR) of 169% over three years and 9% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website derivativesit.in.
Company details
Contact details
Derivatives IT Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is derivativesit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address27/12 First Floor (Front Portion) Veterinary Hospital Road Fanpet Nandanam, Chennai, Tamil Nadu, India – 600035
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Derivatives IT Services 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 Derivatives IT Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Derivatives IT Services Private Limited, buy the company report.
Financials of Derivatives IT Services Private Limited
FY 2023 filings availableDerivatives IT Services Private Limited reported revenue of ₹1.08 Cr (up 150% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 150% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.08 Cr | ||||
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| EBITDA | -₹19.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.2% | ||||
| Net Profit Margin | -18.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Derivatives IT Services Private Limited, buy the company report.
Board of directors of Derivatives IT Services Private Limited
Derivatives IT Services 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 |
|---|---|---|---|---|
| Nagarathinam Shanmugasundaram | Managing Director | 20 Aug 2015 | 11 Years 2 Months | Current |
| Sheik Thanisha Muneer Ahamed Also directs: Ecocycle Solar LLP, Digital Track Solutions Private Limited | Director | 20 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Derivatives IT Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shamrock Value Private Limited | ₹1.09 Cr (FY 2024) | -51.0% | Naranpura, Gujarat, India | |||
| Sun Renewables WH Private Limited | ₹1.09 Cr (FY 2025) | -70.0% | New Delhi, Delhi, India | |||
| Mycheck Partners Agency Private Limited | ₹1.08 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Os Politechnica Consultancy Private Limited | ₹1.08 Cr (FY 2025) | 91.0% | Thane, Maharashtra, India | |||
| Nuvilant Consultancy Private Limited | ₹1.08 Cr (FY 2024) | 75.0% | Noida, Uttar Pradesh, India | |||
| Derivatives IT Services Private Limitedthis company | ₹1.08 Cr (FY 2023) | -₹19.82 Lakh | -18.3% | 150.0% | 49 | Chennai, Tamil Nadu, India |
| Aquarius Financial Consultants Private Limited | ₹1.08 Cr (FY 2018) | 202.0% | Mumbai, Maharashtra, India | |||
| Neenv HR Solutions Private Limited | ₹1.08 Cr (FY 2023) | 0.0% | Ahmedabad, Gujarat, India | |||
| Agmodel Management Private Limited | ₹1.08 Cr (FY 2025) | 164.0% | Mumbai, Maharashtra, India | |||
| Legalwrax Business Solutions Private Limited | ₹1.08 Cr (FY 2024) | 151.0% | Bangalore, Karnataka, India | |||
| Labhdhi Corporate Services Private Limited | ₹1.08 Cr (FY 2021) | -45.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Derivatives IT Services Private Limited, buy the company report.
Auditor
Derivatives IT Services Private Limited is audited by RCAS AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RCAS AND ASSOCIATES LLP | FY 2023 | S000002 |
Shareholding
The shareholding of Derivatives IT Services 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 Derivatives IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Derivatives IT Services 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 Derivatives IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Derivatives IT Services Private Limited has a workforce of 49 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Derivatives IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCD4276K1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Derivatives IT Services Private Limited, buy the company report.
Recent activity
Derivatives IT Services Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Nagarathinam Shanmugasundaram ceased to be Director on 01 Oct 2016.
Frequently asked questions
Derivatives IT Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 August 2015 (11+ years old) and is registered under CIN U72900TN2015PTC101897.
Derivatives IT Services has 2 current directors:
- Nagarathinam Shanmugasundaram - Managing Director
- Sheik Thanisha Muneer Ahamed - Director
The latest financial statements of Derivatives IT Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Derivatives IT Services is 33AAFCD4276K1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Derivatives IT Services is U72900TN2015PTC101897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Derivatives IT Services was incorporated on 20 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Derivatives IT Services by revenue are Shamrock Value Private Limited, Sun Renewables WH Private Limited, Mycheck Partners Agency Private Limited, Os Politechnica Consultancy Private Limited, Nuvilant Consultancy Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Nagarathinam Shanmugasundaram ceased to be Director on 01 Oct 2016. Nagarathinam Shanmugasundaram was appointed as Managing Director on 20 Aug 2015. Sheik Thanisha Muneer Ahamed was appointed as Director on 20 Aug 2015.
Derivatives IT Services can be reached through the website derivativesit.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Derivatives IT Services is at 2712 First Floor Front Portion Veterinary Hospital Road Fanpet Nandanam, Chennai, Tamil Nadu, India – 600035.
Derivatives IT Services operates in the information technology industry, in the IT consulting and support services segment.