Globowave ITES Private Limited
About Globowave ITES Private Limited
Data last updated:
Globowave ITES 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 14 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC124440.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sriram Cherukuvada (Managing Director) and Ravi Adabala.
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 Door No. 16 – 1 – 484/4/5 To12 Flat No. 105 Maruti Vaishnavi Nilayam Saidabad, Hyderabad, Telangana, India – 500059.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.63 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹5.82 Lakh (net margin 11.5%) and EBITDA of ₹8.8 Lakh (EBITDA margin 17.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 4% over five years.
Company details
Contact details
Globowave ITES Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No. 16 – 1 – 484/4/5 To12 Flat No. 105 Maruti Vaishnavi Nilayam Saidabad, Hyderabad, Telangana, India – 500059
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Globowave ITES 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
Business activity
The main business activity of Globowave ITES is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Globowave ITES Private Limited, buy the company report.
Financials of Globowave ITES Private Limited
FY 2025 filings availableGlobowave ITES Private Limited reported revenue of ₹50.63 Lakh (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 148% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.82 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 11.5% | ||||
| 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 Globowave ITES Private Limited, buy the company report.
Board of directors of Globowave ITES Private Limited
Globowave ITES has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Adabala | Director | 14 May 2018 | 8 Years 5 Months | Current |
| Sriram Cherukuvada | Managing Director | 01 Mar 2025 | 1 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Globowave ITES Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globowave ITES Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Globowave ITES Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Globowave ITES Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Sriram Cherukuvada was appointed as Managing Director on 01 Mar 2025.
Frequently asked questions
Globowave ITES 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 14 May 2018 (8+ years old) and is registered under CIN U72900TG2018PTC124440.
Globowave ITES has 2 current directors:
- Sriram Cherukuvada - Managing Director
- Ravi Adabala - Director
The latest financial statements of Globowave ITES on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Globowave ITES is U72900TG2018PTC124440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globowave ITES was incorporated on 14 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sriram Cherukuvada was appointed as Managing Director on 01 Mar 2025. Indira Cherukuvada ceased to be Director on 21 Oct 2024. Indira Cherukuvada was appointed as Managing Director on 21 Oct 2024. Globowave ITES has 5 board changes on record in total.
The registered office of Globowave ITES is at Door No. 16 – 1 – 48445 To12 Flat No. 105 Maruti Vaishnavi Nilayam Saidabad, Hyderabad, Telangana, India – 500059.
Globowave ITES operates in the information technology industry, in the application development and software solutions segment.
Globowave ITES can be reached at its registered office: Door No. 16 – 1 – 48445 To12 Flat No. 105 Maruti Vaishnavi Nilayam Saidabad, Hyderabad, Telangana, India – 500059.
Globowave ITES is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.