About Fortuneplus IT Networks Private Limited
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Fortuneplus IT Networks Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2011PTC078055. Its GSTIN is 36AAFCR5904E1ZI (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Rosw It Networks Private Limited. It is led by directors Sandeep Kalvakuntla and Manohari Kalvakuntla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 – 8 – 450/1/B/87 1st Floor Indian Airlines Colony Begumpet Secunderabad, Hyderabad, Telangana, India – 500003.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.98 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹36.39 Lakh (net margin 3%) and EBITDA of ₹67.58 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹1.19 Cr and satisfied charges of ₹40 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneplus.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1 – 8 – 450/1/B/87 1st Floor Indian Airlines Colony Begumpet Secunderabad, Hyderabad, Telangana, India – 500003
- IndustryInformation Technology, IT Infrastructure Management & Services, 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 Fortuneplus IT Networks Private Limited
The main business activity of Fortuneplus IT Networks 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 Fortuneplus IT Networks Private Limited FY 2024 filings available
Fortuneplus IT Networks Private Limited reported revenue of ₹11.98 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fortuneplus IT Networks Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 33% 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 Fortuneplus IT Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹67.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36.39 Lakh | •••• | •••• | •••• | •••• |
| 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 Fortuneplus IT Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Fortuneplus IT Networks 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 Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Procain Consulting & Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aanchal Computers Limited | •••• | •••• | •••• | •••• | 33 | New Delhi, Delhi, India |
| Tis Labs Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ifusion Netlogics Private Limited | •••• | •••• | •••• | •••• | - | Hooghly, West Bengal, India |
| Vihan Informatics Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Fortuneplus IT Networks Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Ceedeeyes Software Technology Park Private Limited | •••• | •••• | •••• | •••• | - | Chennai-20, Tamil Nadu, India |
| Alacrity Infra Solutions and Services Private Limited | •••• | •••• | •••• | •••• | - | Cochin, Kerala, India |
| Proxinet Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Next Generation Simple Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ameerpet, Telangana, India |
| Aster Networks Private Limited | •••• | •••• | •••• | •••• | 10 | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Fortuneplus IT Networks by revenue in the Information Technology industry (Infrastructure Management), 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 Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks Private Limited is audited by SUNNY JAIN & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNNY JAIN & COMPANY | 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 Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kalvakuntla | Director | 05 Nov 2013 | 12 Years 11 Months | Current |
| Manohari Kalvakuntla | Director | 18 Feb 2016 | 10 Years 7 Months | Current |
Ownership and Shareholding of Fortuneplus IT Networks 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 Fortuneplus IT Networks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2025 | Hdfc Bank Limited | ₹10.59 Lakh | Open |
| 03 Aug 2024 | Hdfc Bank Limited | ₹27.64 Lakh | Open |
| 19 Oct 2022 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 13 Aug 2021 | Hdfc Bank Limited | ₹12.99 Lakh | Open |
| 02 Apr 2016 | Others | ₹57.5 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks Private Limited has 5 court cases on record: 2 filed by Fortuneplus IT Networks, 3 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Compuage Infocom Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against SPS HR Consulting Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Digilife Distribution and Marketing Services | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Fortune Infosystems Ltd | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against State of Telangana | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Fortuneplus IT Networks Private Limited
Employment history and EPFO contributions of people linked to Fortuneplus IT Networks.
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 Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks has one previous CIN (Corporate Identification Number): U72300AP2011PTC078055. The current CIN is U72300TG2011PTC078055, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2011PTC078055 | Current |
| U72300AP2011PTC078055 | Previous |
Recent Activity on Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Manohari Kalvakuntla was appointed as Director on 18 Feb 2016.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fortuneplus IT Networks 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 Fortuneplus IT Networks 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 Fortuneplus IT Networks 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 Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCR5904E1ZI | Telangana | Active | 01 Jul 2017 |
| 37AAFCR5904E2ZF | Andhra Pradesh | Active | 29 Apr 2023 |
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 Fortuneplus IT Networks 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 Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks is an active private limited company based in Hyderabad, Telangana, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U72300TG2011PTC078055.
Fortuneplus IT Networks reported revenue of ₹11.98 Cr for FY 2024 (down 30% YoY).
Fortuneplus IT Networks has 2 current directors:
- Sandeep Kalvakuntla - Director
- Manohari Kalvakuntla - Director
Fortuneplus IT Networks reported a net profit of ₹36.39 Lakh (net margin 3%) and EBITDA of ₹67.58 Lakh (EBITDA margin 5.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortuneplus IT Networks is 48% over three years and 54% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fortuneplus IT Networks is 36AAFCR5904E1ZI, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAFCR5904E2ZF (Andhra Pradesh).
The CIN (Corporate Identification Number) of Fortuneplus IT Networks is U72300TG2011PTC078055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortuneplus IT Networks has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Fortuneplus IT Networks was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Fortuneplus IT Networks by revenue are Procain Consulting & Services Private Limited, Aanchal Computers Limited, Tis Labs Private Limited, Ifusion Netlogics Private Limited, Vihan Informatics Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).
Manohari Kalvakuntla was appointed as Director on 18 Feb 2016. Surya Teja Buddammolla ceased to be Director on 18 Feb 2016. Manthena Raju Jayarama ceased to be Director on 15 Feb 2016. Fortuneplus IT Networks has 7 board changes on record in total.