About Duluth Software Services Private Limited
Data last updated:
Duluth Software Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 25 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U43299TN2013PTC089771. Its GSTIN is 33AAECD5884C1ZS (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.72 Lakh. It is led by directors including Praveen Kumar Karunamurthy and Mark Kershteyn.
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 New No.24 Old No. 38 South West Boag Road C.I.T.Nagar T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹18 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 12.5%) and EBITDA of ₹3.33 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 90% over five years.
The company has about 54 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 sisdss.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNew No.24 Old No. 38 South West Boag Road C.I.T.Nagar T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 Duluth Software Services Private Limited
The main business activity of Duluth Software Services 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 Duluth Software Services Private Limited FY 2025 filings available
Duluth Software Services Private Limited reported revenue of ₹18 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Duluth Software Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 90% over five years, including 35% growth in the latest year. EBITDA rose 102% 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 Duluth Software Services 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 | ₹3.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.24 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Duluth Software Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.5% | •••• | •••• | •••• | •••• |
| 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 Duluth Software Services 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 Duluth Software Services Private Limited
Duluth Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| QSG Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Techintelli Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Technosys Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Volksoft Consulting Private Limited | •••• | •••• | •••• | •••• | 117 | Secunderabad, Telangana, India |
| Ignitiv Technologies Private Limited | •••• | •••• | •••• | •••• | 80 | Pune, Maharashtra, India |
| Duluth Software Services Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Uurmi Systems Private Limited | •••• | •••• | •••• | •••• | 2,021 | Hyderabad, Telangana, India |
| Bharti Soft Tech Private Limited | •••• | •••• | •••• | •••• | 66 | Vadodara, Gujarat, India |
| Upside LMS Hrtech Private Limited | •••• | •••• | •••• | •••• | 69 | Pune City, Maharashtra, India |
| Alrc Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Birthright Games & Entertainment Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Duluth Software Services by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Duluth Software Services Private Limited
Duluth Software Services Private Limited is audited by M.Srinivasan & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.Srinivasan & Associates | 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 Duluth Software Services Private Limited
Duluth Software Services has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Karunamurthy Also directs: Samrat Motor Finance Limited | Director | 06 Mar 2023 | 3 Years 7 Months | Current |
| Mark Kershteyn | Director | 25 Feb 2013 | 13 Years 7 Months | Current |
| Ravi Kannan | Director | 25 Feb 2013 | 13 Years 7 Months | Current |
| Steven James Mulka | Director | 25 Feb 2013 | 13 Years 7 Months | Current |
| Prabhakar Kannan | Director | 01 Jul 2013 | 13 Years 3 Months | Current |
Ownership and Shareholding of Duluth Software Services 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 Duluth Software Services Private Limited
Duluth Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Duluth Software Services Private Limited
Duluth Software Services Private Limited has a workforce of 54 employees as of Mar 28, 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.
CIN History of Duluth Software Services Private Limited
Duluth Software Services has one previous CIN (Corporate Identification Number): U72900TN2013PTC089771. The current CIN is U43299TN2013PTC089771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43299TN2013PTC089771 | Current |
| U72900TN2013PTC089771 | Previous |
Recent Activity on Duluth Software Services Private Limited
Duluth Software Services Private Limited has 7 board changes on record since 2013: 5 appointments and 2 cessations. The latest: Praveen Kumar Karunamurthy ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Duluth Software Services 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 Duluth Software Services 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 Duluth Software Services 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 Duluth Software Services Private Limited
Duluth Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECD5884C1ZS | Tamil Nadu | Active | 09 Jul 2021 |
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 Duluth Software Services 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 Duluth Software Services Private Limited
Duluth Software Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 25 February 2013 (13+ years old) and is registered under CIN U43299TN2013PTC089771.
Duluth Software Services reported revenue of ₹18 Cr for FY 2025 (up 35% YoY).
Duluth Software Services has 5 current directors:
- Praveen Kumar Karunamurthy - Director
- Mark Kershteyn - Director
- Ravi Kannan - Director
- Steven James Mulka - Director
- Prabhakar Kannan - Director
Duluth Software Services reported a net profit of ₹2.24 Cr (net margin 12.5%) and EBITDA of ₹3.33 Cr (EBITDA margin 18.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Duluth Software Services is 43% over three years and 90% over five years. In the latest year (FY 2025) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Duluth Software Services is 33AAECD5884C1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Duluth Software Services is U43299TN2013PTC089771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duluth Software Services was incorporated on 25 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Duluth Software Services by revenue are QSG Technologies Private Limited, Techintelli Solutions Private Limited, Technosys Services Private Limited, Volksoft Consulting Private Limited, Ignitiv Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).
Praveen Kumar Karunamurthy ceased to be Additional Director on 29 Sep 2023. Praveen Kumar Karunamurthy was appointed as Director on 06 Mar 2023. Prabhakar Kannan ceased to be Additional Director on 22 Aug 2014. Duluth Software Services has 7 board changes on record in total.
Duluth Software Services can be reached through the website sisdss.com. Its registered office is in Chennai, Tamil Nadu, India.