About Fourtek IT Solutions Private Limited
Data last updated:
Fourtek IT Solutions Private Limited is a private limited company based in Delhi, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 12 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2011PTC213916. Its GSTIN is 09AABCF6919P1ZZ (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Himanshu Sharma and Nakul Kundra.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 31A Gali No.2 Jagatpuri, Delhi, India – 110051.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.94 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.97 Lakh (net margin 2.6%) and EBITDA of ₹6.98 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The company is associated with 2 brands: Fourtek and Devnagri. Court records list 14 cases involving the company, including 14 filed by the company; 1 case is 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 devnagri.com.
Company details
Contact details
Fourtek IT Solutions Private Limited's registered office is in Delhi, Delhi. Its website is devnagri.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 31A Gali No.2 Jagatpuri, Delhi, India – 110051
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Fourtek IT Solutions 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
Brands
Fourtek IT Solutions operates two associated brands: Fourtek and Devnagri. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a full suite of IT services including support, maintenance, and security. | fourtek.com | |
| An AI-powered platform for enterprise human translations is provided. | devnagri.com |
Business activity
The main business activity of Fourtek IT Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Fourtek IT Solutions Private Limited, buy the company report.
Financials of Fourtek IT Solutions Private Limited
FY 2021 filings availableFourtek IT Solutions Private Limited reported revenue of ₹1.94 Cr (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 46% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹6.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.97 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Fourtek IT Solutions Private Limited, buy the company report.
Board of directors of Fourtek IT Solutions Private Limited
Fourtek IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Sharma Also directs: Devnagri AI Private Limited | Director | 12 Feb 2011 | 15 Years 8 Months | Current |
| Nakul Kundra Also directs: Devnagri AI Private Limited | Director | 12 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Fourtek IT Solutions Private Limited is audited by P BHANU & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P BHANU & ASSOCIATES | FY 2020 | 033808N |
Shareholding
The shareholding of Fourtek IT Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fourtek IT Solutions Private Limited, buy the company report.
Legal cases
Fourtek IT Solutions Private Limited has 14 court cases on record: 14 filed by Fourtek IT Solutions. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 1 |
Cases on record (4 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Criminal case | Filed by the company against K.S. Holidays Pvt. Ltd. and 1 other | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against Ms K.S. Holidays Pvt Ltd Anr. | Disposed |
| District court, Shahdara, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Fourtek IT Solutions 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
No delayed payments to MSME suppliers are on our record for Fourtek IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fourtek IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCF6919P1ZZ | Uttar Pradesh | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Fourtek IT Solutions Private Limited, buy the company report.
Recent activity
Fourtek IT Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Himanshu Sharma was appointed as Director on 12 Feb 2011.
Frequently asked questions
Fourtek IT Solutions is an active private limited company based in Delhi, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 12 February 2011 (15+ years old) and is registered under CIN U72200DL2011PTC213916.
Fourtek IT Solutions has 2 current directors:
- Himanshu Sharma - Director
- Nakul Kundra - Director
The latest financial statements of Fourtek IT Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Fourtek IT Solutions is 09AABCF6919P1ZZ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fourtek IT Solutions is U72200DL2011PTC213916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fourtek IT Solutions has 14 court cases on record: 14 filed by the company. 1 is pending.
Fourtek IT Solutions was incorporated on 12 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Himanshu Sharma was appointed as Director on 12 Feb 2011. Nakul Kundra was appointed as Director on 12 Feb 2011.
Fourtek IT Solutions can be reached through the website devnagri.com. Its registered office is in Delhi, India.
The registered office of Fourtek IT Solutions is at B – 31A Gali No.2 Jagatpuri, Delhi, India – 110051.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
