About Epam Systems India Private Limited
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Epam Systems India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Alliance Global Services Inc., Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74140TG1997PTC028582. Its GSTIN is 36AAACW2012R1Z6 (Telangana). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.72 Cr. It was formerly known as Alliance Global Services It India Private Limited and Alliance It Consulting India Private Limited. It is led by directors Srinivas Mummareddy (Managing Director) and Sandeep Joshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,577.71 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹357.69 Cr (net margin 10%) and EBITDA of ₹553.32 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 57% over five years.
The company has about 7,226 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Epam. As per MCA filings, the company has satisfied charges of ₹4.26 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epam.com.
Company details
Name history
Epam Systems India has undergone 2 name changes throughout its history. The company was previously known as Alliance Global Services It India Private Limited, and Alliance It Consulting India Private Limited. The current legal name is Epam Systems India Private Limited.
| Company Name | Status |
|---|---|
| Epam Systems India Private Limited | Current |
| Alliance Global Services It India Private Limited | Previous |
| Alliance It Consulting India Private Limited | Previous |
CIN history
Epam Systems India has one previous CIN (Corporate Identification Number): U74140AP1997PTC028582. The current CIN is U74140TG1997PTC028582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TG1997PTC028582 | Current |
| U74140AP1997PTC028582 | Previous |
Contact details
Epam Systems India Private Limited's registered office is in Hyderabad, Telangana. Its website is epam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSalarpuria Sattva Knowledge City Sy.83/1 Plot.No 2 10 11 12 Floors Phase.1 Unit 2 & 3 Raidu, Rg Village, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Epam Systems India 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 Epam Systems India 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 Epam Systems India Private Limited, buy the company report.
Financials of Epam Systems India Private Limited
FY 2024 filings availableEpam Systems India Private Limited reported revenue of ₹3,577.71 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 43% growth in the latest year. EBITDA rose 43% 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 |
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| EBITDA | ₹553.32 Cr | ||||
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| Net Profit (PAT) | ₹357.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Epam Systems India Private Limited, buy the company report.
Board of directors of Epam Systems India Private Limited
Epam Systems India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Joshi Also directs: Emakina (India) Private Limited | Director | 07 May 2018 | 8 Years 5 Months | Current |
| Srinivas Mummareddy Also directs: Emakina (India) Private Limited | Managing Director | 01 Sep 2007 | 19 Years 1 Months | Current |
Peer comparison
Epam Systems India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with 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 |
|---|---|---|---|---|---|---|
| Tata Elxsi Limited | ₹3,908.36 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Societe Generale Global Solution Centre Private Limited | ₹3,681.25 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Epam Systems India Private Limitedthis company | ₹3,577.71 Cr (FY 2025) | ₹357.69 Cr | 10% | 43.0% | 7,226 | Hyderabad, Telangana, India |
| Bny Mellon Technology Private Limited | ₹2,981.35 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Epam Systems India Private Limited, buy the company report.
Auditor
Epam Systems India Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Epam Systems India 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 Epam Systems India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2006 | 10012958 | Union Bank of India | ₹5.85 Lakh | Satisfied | |
| 16 Mar 2004 | 90130429 | Union Bank of India | ₹3.9 Cr | Satisfied | |
| 30 Oct 2000 | 90129889 | Union Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Epam Systems India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Epam Systems India Private Limited has 7 court cases on record: 4 filed by Epam Systems India, 3 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Orix Leasing and Financial Services India Ltd.(Olfs) Through Its Director Mr. Ajay Maurya | Disposed |
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against The State of Telangana and 1 other | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Assistant Commissioner and 5 others | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against Union of India and 3 Others | Disposed |
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by The PR. Commissioner of Income Tax-2 | Disposed |
To see the full case history of Epam Systems India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Epam Systems India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 355 overdue payments to 63 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 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Neptune Enterprises | |||
| Thanawala Consultancy Services | |||
| Bottle Lab Technologies Private Limited | |||
| Saltmarch Media (India) Private Limited | |||
| Metapoint Technologies Private Limited |
To see the full MSME payment records of Epam Systems India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Epam Systems India Private Limited has a workforce of 7,226 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Epam Systems India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACW2012R1Z6 | Telangana | Active | 01 Jul 2017 |
| 27AAACW2012R2Z4 | Maharashtra | Active | 01 Jul 2017 |
| 29AAACW2012R1Z1 | Karnataka | Active | 28 Feb 2019 |
| 06AAACW2012R1Z9 | Haryana | Active | 28 Apr 2021 |
To see the full GST registrations and return filing status of Epam Systems India Private Limited, buy the company report.
Recent activity
Epam Systems India Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Solman Syed Rahman ceased to be Director on 31 Mar 2020.
9 earlier events are in the company report.
News
Frequently asked questions
Epam Systems India is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 1997 (29+ years old) and is registered under CIN U74140TG1997PTC028582.
Epam Systems India has 2 current directors:
- Srinivas Mummareddy - Managing Director
- Sandeep Joshi - Director
The latest financial statements of Epam Systems India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Epam Systems India is 36AAACW2012R1Z6, registered in Telangana. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACW2012R2Z4 (Maharashtra), 29AAACW2012R1Z1 (Karnataka), 06AAACW2012R1Z9 (Haryana).
The CIN (Corporate Identification Number) of Epam Systems India is U74140TG1997PTC028582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epam Systems India has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Epam Systems India was incorporated on 19 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Epam Systems India by revenue are Tata Elxsi Limited, Societe Generale Global Solution Centre Private Limited, Bny Mellon Technology Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Solman Syed Rahman ceased to be Director on 31 Mar 2020. Sandeep Joshi was appointed as Director on 07 May 2018. Anthony Joseph Conte ceased to be Director on 03 Aug 2017. Epam Systems India has 12 board changes on record in total.
Epam Systems India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 355 overdue payments to 63 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Epam Systems India can be reached through the website epam.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Epam Systems India is at Salarpuria Sattva Knowledge City Sy.831 Plot.No 2 10 11 12 Floors Phase.1 Unit 2 & 3 Raidu, Rg Village, Hyderabad, Telangana, India – 500081.