About Futurethoughts Software Solutions Private Limited
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Futurethoughts Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2003PTC041201. Its GSTIN is 36AAECA9791R1ZO (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.95 Cr. It was formerly known as Apps Associates Private Limited. It is led by directors including Suseela Bogelli and Buchaiah Bogelli.
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 H.No.4 – 9 – 3 Hmt Nagar Nacharam, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.67 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net profit of ₹93.15 Lakh (net margin 55.9%) and EBITDA of ₹96.35 Lakh (EBITDA margin 57.8%). Revenue has declined at a compounded annual rate (CAGR) of 169% over three years and 50% over five years.
The company has about 552 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5.54 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website appsassociates.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH.No.4 – 9 – 3 Hmt Nagar Nacharam, Hyderabad, Telangana, India – 500076
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Futurethoughts Software Solutions Private Limited
The main business activity of Futurethoughts Software Solutions 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 | 62 | 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 Futurethoughts Software Solutions Private Limited FY 2024 filings available
Futurethoughts Software Solutions Private Limited reported revenue of ₹1.67 Cr (up 146% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Futurethoughts Software Solutions Private Limited
Revenue rose 146% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 181% 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 Futurethoughts Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹96.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹93.15 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Futurethoughts Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 55.9% | •••• | •••• | •••• | •••• |
| 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 Futurethoughts Software Solutions 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 Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accelerant Software Solutions Private Limited | ₹1.67 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Coelho Systems Private Limited | ₹1.67 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Chennai, Tamil Nadu, India |
| Machtig Solutions Private Limited | ₹1.67 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Inplenion Consulting Services Private Limited | ₹1.67 Cr (FY 2024) | •••• | •••• | 141.0% | •••• | Hyderabad, Telangana, India |
| Growthwave Software Solutions Private Limited | ₹1.67 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Futurethoughts Software Solutions Private Limited this company | ₹1.67 Cr (FY 2023) | •••• | •••• | 146.0% | •••• | Hyderabad, Telangana, India |
| Krishnas Digital Technologies and Softlabs Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 95.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Shree Tripada Infomedia India Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Ahmedabad, Gujarat, India |
| Ifw Techno Creations Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Udaipur, Rajasthan, India |
| Sigilo Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Kolkata, West Bengal, India |
| Mystery Monks Entertainment Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Futurethoughts Software Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions Private Limited is audited by KALYANA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KALYANA & 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 Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suseela Bogelli | Director | 20 Jun 2003 | 23 Years 3 Months | Current |
| Buchaiah Bogelli Also directs: Shipconsole Private Limited | Director | 20 Jun 2003 | 23 Years 3 Months | Current |
| Bogelli Sridhar Also directs: Shipconsole Private Limited | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
Ownership and Shareholding of Futurethoughts Software Solutions 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 Futurethoughts Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2014 | Icici Bank | ₹3.4 Cr | Satisfied |
| 30 Aug 2010 | Hdfc Bank Limited | ₹2.14 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Futurethoughts Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Futurethoughts Software Solutions.
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 Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions has one previous CIN (Corporate Identification Number): U72200AP2003PTC041201. The current CIN is U72200TG2003PTC041201, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2003PTC041201 | Current |
| U72200AP2003PTC041201 | Previous |
Recent Activity on Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Bogelli Sridhar was appointed as Director on 27 Sep 2004.
Credit Ratings, Litigation & Regulatory Alerts for Futurethoughts Software Solutions 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 Futurethoughts Software Solutions 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 Futurethoughts Software Solutions 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 Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECA9791R1ZO | Telangana | Active | 01 Jul 2017 |
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 Futurethoughts Software Solutions 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
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Related news about Futurethoughts Software Solutions Private Limited
Frequently Asked Questions about Futurethoughts Software Solutions Private Limited
Futurethoughts Software Solutions 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 20 June 2003 (23+ years old) and is registered under CIN U72200TG2003PTC041201.
Futurethoughts Software Solutions reported revenue of ₹1.67 Cr for FY 2023 (up 146% YoY).
Futurethoughts Software Solutions has 3 current directors:
- Suseela Bogelli - Director
- Buchaiah Bogelli - Director
- Bogelli Sridhar - Director
Futurethoughts Software Solutions reported a net profit of ₹93.15 Lakh (net margin 55.9%) and EBITDA of ₹96.35 Lakh (EBITDA margin 57.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Futurethoughts Software Solutions is 169% over three years and -50% over five years. In the latest year (FY 2023) revenue rose 146%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Futurethoughts Software Solutions is 36AAECA9791R1ZO, registered in Telangana. 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 Futurethoughts Software Solutions is U72200TG2003PTC041201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Futurethoughts Software Solutions was incorporated on 20 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Futurethoughts Software Solutions by revenue are Accelerant Software Solutions Private Limited, Coelho Systems Private Limited, Machtig Solutions Private Limited, Inplenion Consulting Services Private Limited, Growthwave Software Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Bogelli Sridhar was appointed as Director on 27 Sep 2004. Buchaiah Bogelli was appointed as Director on 20 Jun 2003. Suseela Bogelli was appointed as Director on 20 Jun 2003.
Futurethoughts Software Solutions can be reached through the website appsassociates.com. Its registered office is in Hyderabad, Telangana, India.