About Formonic Technologies Private Limited
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Formonic Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC131357. Its GSTIN is 36AADCF6798C1ZE (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hanumantha Rao Tagirisha and Nagavardhini Thagirisa.
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 Plot No: 39 Phase – 2 Ananth Info Park Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.11 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Cr (net margin 19.3%) and EBITDA of ₹4.97 Cr (EBITDA margin 30.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
The company has about 208 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website formonictech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No: 39 Phase – 2 Ananth Info Park Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, 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 Formonic Technologies Private Limited
The main business activity of Formonic Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Formonic Technologies Private Limited FY 2025 filings available
Formonic Technologies Private Limited reported revenue of ₹16.11 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Formonic Technologies Private Limited
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 16% 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 Formonic Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.11 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Formonic Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.3% | •••• | •••• | •••• | •••• |
| 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 Formonic Technologies are in the company report.
Financial statements from FY 2019
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 Formonic Technologies Private Limited
Formonic Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Itech India Private Limited | •••• | •••• | •••• | •••• | 311 | Chennai, Tamil Nadu, India |
| Information and Communication Technology Academy of Kerala | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Sunoida Solutions Private Limited | •••• | •••• | •••• | •••• | 91 | Chennai, Tamil Nadu, India |
| Karnex Software Solutions Private Limited | •••• | •••• | •••• | •••• | 92 | Jaipur, Rajasthan, India |
| Datastat Technologies Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Formonic Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Innovation Incubator Advisory Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Nsplus Technology Private Limited | •••• | •••• | •••• | •••• | 107 | Bangalore South, Karnataka, India |
| Intralinks India Solutions Private Limited | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
| Tanla Digital (India) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Omninet Technologies Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Formonic Technologies by revenue in the same principal business activity (Other information & communication service activities), 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 Formonic Technologies Private Limited
Formonic Technologies Private Limited is audited by GATTAMANENI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GATTAMANENI & 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 Formonic Technologies Private Limited
Formonic Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanumantha Rao Tagirisha Also directs: Avast Lithium Battery Private Limited, Ananth Infra Projects Limited, Ananth Technologies Private Limited and 3 more | Director | 19 Mar 2019 | 7 Years 6 Months | Current |
| Nagavardhini Thagirisa Also directs: Ananth Technologies Private Limited | Director | 19 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Formonic Technologies 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 Formonic Technologies Private Limited
Formonic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Formonic Technologies Private Limited
Formonic Technologies Private Limited has a workforce of 208 employees as of Mar 29, 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 Formonic Technologies Private Limited
Formonic Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Hanumantha Rao Tagirisha was appointed as Director on 19 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Formonic Technologies 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 Formonic Technologies 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 Formonic Technologies 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 Formonic Technologies Private Limited
Formonic Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCF6798C1ZE | Telangana | Active | 16 Jul 2019 |
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 Formonic Technologies 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 Formonic Technologies Private Limited
Formonic Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 March 2019 (7+ years old) and is registered under CIN U72900TG2019PTC131357.
Formonic Technologies reported revenue of ₹16.11 Cr for FY 2024 (down 1% YoY).
Formonic Technologies has 2 current directors:
- Hanumantha Rao Tagirisha - Director
- Nagavardhini Thagirisa - Director
Formonic Technologies reported a net profit of ₹3.11 Cr (net margin 19.3%) and EBITDA of ₹4.97 Cr (EBITDA margin 30.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Formonic Technologies is 38% over three years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Formonic Technologies is 36AADCF6798C1ZE, registered in Telangana.
The CIN (Corporate Identification Number) of Formonic Technologies is U72900TG2019PTC131357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formonic Technologies was incorporated on 19 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Formonic Technologies by revenue are Itech India Private Limited, Information and Communication Technology Academy of Kerala, Sunoida Solutions Private Limited, Karnex Software Solutions Private Limited, Datastat Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Hanumantha Rao Tagirisha was appointed as Director on 19 Mar 2019. Nagavardhini Thagirisa was appointed as Director on 19 Mar 2019.
Formonic Technologies can be reached through the website formonictech.com. Its registered office is in Hyderabad, Telangana, India.