About Gemsource IT Consulting Limited
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Gemsource IT Consulting Limited is a public 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 17 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PLC090060. Its GSTIN is 36AAACY6329B1ZH (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹43.3 Lakh. It was formerly known as Yashwanth Informatech India Private Limited. It is led by directors including Raju Rayudu (Managing Director) and Gundimeda Dinesh Kumar.
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 Flat No. 502 Sri Sai Nilayam Street No. 3 Pathrikanagar Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.71 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 7.8%) and EBITDA of ₹4.6 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 23% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GemSource. As per MCA filings, the company has open charges of ₹5.06 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 gemsource.in.
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- Registered AddressFlat No. 502 Sri Sai Nilayam Street No. 3 Pathrikanagar 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
Name History of Gemsource IT Consulting Limited
Gemsource IT Consulting has undergone 2 name changes throughout its history. The company was previously known as Yashwanth Informatech India Private Limited, and Gemsource It Consulting Limited. The current legal name is Gemsource It Consulting Limited.
| Company Name | Status |
|---|---|
| Gemsource IT Consulting Limited | Current |
| Yashwanth Informatech India Private Limited | Previous |
CIN History of Gemsource IT Consulting Limited
Gemsource IT Consulting has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG2013PLC090060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2013PLC090060 | Current |
| U72200AP2013PTC090060 | Previous |
| U72200TG2013PTC090060 | Previous |
Associated Brands with Gemsource IT Consulting Limited
Gemsource IT Consulting operates one associated brand: GemSource. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, software training, BPO training, and payroll management services. | gemsource.in |
Competitors & Alternatives of Gemsource IT Consulting Limited
Brands and companies operating in the same space as Gemsource IT Consulting Limited include Randstad, CIEL HR, Alera Group and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Randstad | HR consulting, recruitment, and outsourcing services are offered worldwide. | Diemen, Netherlands | 1960 |
 CIEL HR | HR management, recruitment, and staffing services are provided. | Bengaluru, India | 2015 |
 Alera Group | HR, insurance, and liability services are provided by Alera Group. | Deerfield, United States | 1995 |
 UKG | Provider of HR and payroll & workforce management solutions | Weston, United States | 1977 |
 Wanted | HR management services are provided by Wanted in South Korea. | Seoul, South Korea | 2015 |
 Bullhorn | Cloud-based ATS and CRM systems are offered for staffing agencies. | Boston, United States | 1999 |
 Gi Group | End-to-end HR services are provided globally by Gi Group. | Milan, Italy | 1998 |
 ADP | Cloud-based HR management solutions are offered for payroll and compliance. | Roseland, United States | 1949 |
 Insperity | HR outsourcing services are provided to businesses by Insperity. | Kingwood, United States | 1986 |
 HR Path | HR and payroll outsourcing plus consulting services are provided. | Nanterre, France | 2001 |
Business Activity of Gemsource IT Consulting Limited
The main business activity of Gemsource IT Consulting 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 | J6 | 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.
Board of Directors and KMP of Gemsource IT Consulting Limited
Gemsource IT Consulting Limited currently reports 5 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gundimeda Dinesh Kumar Also directs: Madhu Veni Organic Products LLP, Tryve Foods and Beverages Private Limited, Gamayaan Projects Private Limited and 5 more | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
| Kavitha Somavarapu Also directs: Sika's Healthy Day Foods LLP | Director | 05 Nov 2024 | 1 Years 11 Months | Current |
| Raju Rayudu | Managing Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Kaka Shobharani Also directs: Hasini Agri Biotech Private Limited | Cfo | 04 Jan 2025 | 1 Years 9 Months | Current |
| Kothamasu Sri Surya Pratap | Director | 04 Jan 2025 | 1 Years 9 Months | Current |
| Sai Venkata Subbarao Kasthuri | Director | 04 Jan 2025 | 1 Years 9 Months | Current |
Financials of Gemsource IT Consulting Limited FY 2024 filings available
Gemsource IT Consulting Limited reported revenue of ₹28.71 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gemsource IT Consulting Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 10% growth in the latest year. EBITDA rose 5% 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 Gemsource IT Consulting Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.24 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Gemsource IT Consulting Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Gemsource IT Consulting 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.
Charges & Borrowings of Gemsource IT Consulting Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | Hdfc Bank Limited | ₹16.37 Lakh | Open |
| 16 Dec 2023 | Others | ₹4.9 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Gemsource IT Consulting Limited
Employment history and EPFO contributions of people linked to Gemsource IT Consulting.
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.
GST Compliance of Gemsource IT Consulting Limited
Gemsource IT Consulting has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACY6329B1ZH | 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.
Credit Ratings, Litigation & Regulatory Alerts for Gemsource IT Consulting 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 Gemsource IT Consulting 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 Gemsource IT Consulting 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.
MCA Filings & Documents of Gemsource IT Consulting 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.
Recent Activity on Gemsource IT Consulting Limited
Frequently Asked Questions about Gemsource IT Consulting Limited
Gemsource IT Consulting is an active public 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 17 September 2013 (13+ years old) and is registered under CIN U72200TG2013PLC090060.
Gemsource IT Consulting reported revenue of ₹28.71 Cr for FY 2024 (up 10% YoY).
Gemsource IT Consulting has 6 current directors and KMP:
- Raju Rayudu - Managing Director
- Gundimeda Dinesh Kumar - Director
- Kavitha Somavarapu - Director
- Kothamasu Sri Surya Pratap - Director
- Sai Venkata Subbarao Kasthuri - Director
- Kaka Shobharani - Cfo
Gemsource IT Consulting reported a net profit of ₹2.24 Cr (net margin 7.8%) and EBITDA of ₹4.6 Cr (EBITDA margin 16%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gemsource IT Consulting is 23% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gemsource IT Consulting is 36AAACY6329B1ZH, 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 Gemsource IT Consulting is U72200TG2013PLC090060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemsource IT Consulting was incorporated on 17 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Gemsource IT Consulting can be reached through the website gemsource.in. Its registered office is in Hyderabad, Telangana, India.