About Gorantla Systems India Private Limited
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Gorantla Systems India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2015PTC021537. Its GSTIN is 33AAFCT4144G1ZK (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Tango Systems India Private Limited. It is led by directors Gorantla Nirmala Devi and Gorantla.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at New No.25 Lakshmipuram 4th Street Peelamedu, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.24 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Lakh (net margin 0.6%) and EBITDA of ₹3.22 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tangosystems.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNew No.25 Lakshmipuram 4th Street Peelamedu, Coimbatore, Tamil Nadu, India – 641004
- 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 Gorantla Systems India Private Limited
The main business activity of Gorantla Systems India 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.
Financials of Gorantla Systems India Private Limited FY 2020 filings available
Gorantla Systems India Private Limited reported revenue of ₹2.24 Cr (up 31% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Gorantla Systems India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 31% growth 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 Gorantla Systems India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.24 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.43 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 Gorantla Systems India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Gorantla Systems India are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Gorantla Systems India Private Limited
Gorantla Systems India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorantla | Additional Director | 19 Jun 2020 | 6 Years 4 Months | Current |
| Gorantla Nirmala Devi Also directs: Tangopvd LLP | Director | 30 Jun 2015 | 11 Years 3 Months | Current |
Peer Comparison of Gorantla Systems India Private Limited
Gorantla Systems India 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 |
|---|---|---|---|---|---|---|
| Whiz Software Solutions Private Limited | ₹2.25 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
| Nirant Technologies Private Limited | ₹2.25 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Hyderabad, Telangana, India |
| Sim Palm Tech India Private Limited | ₹2.25 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Meerut, Uttar Pradesh, India |
| Fusioni Technologies Private Limited | ₹2.25 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Jai Infoway Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Ranchi, Jharkhand, India |
| Gorantla Systems India Private Limited this company | ₹2.24 Cr (FY 2020) | •••• | •••• | 31.0% | •••• | Coimbatore, Tamil Nadu, India |
| Agdova Technologies Private Limited | ₹2.24 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Faridabad, Haryana, India |
| Landangen Software Private Limited | ₹2.24 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Bangalore, Karnataka, India |
| Futurenet Private Limited | ₹2.24 Cr (FY 2017) | •••• | •••• | -37.0% | •••• | Ahmedabad, Gujarat, India |
| Exim Infotek (India) Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Jaipur, Rajasthan, India |
| Saxo India Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Gorantla Systems India 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 Gorantla Systems India Private Limited
Gorantla Systems India Private Limited is audited by M.SENTHILKUMAR AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.SENTHILKUMAR AND ASSOCIATES | 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.
Ownership and Shareholding of Gorantla Systems India 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 Gorantla Systems India Private Limited
Gorantla Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gorantla Systems India Private Limited
Employment history and EPFO contributions of people linked to Gorantla Systems India.
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.
Recent Activity on Gorantla Systems India Private Limited
Gorantla Systems India Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Asokan Naresh Kumar ceased to be Director on 20 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Gorantla Systems India 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 Gorantla Systems India 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 Gorantla Systems India 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 Gorantla Systems India Private Limited
Gorantla Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCT4144G1ZK | Tamil Nadu | 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 Gorantla Systems India 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 Gorantla Systems India Private Limited
Gorantla Systems India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 June 2015 (11+ years old) and is registered under CIN U72200TZ2015PTC021537.
Gorantla Systems India reported revenue of ₹2.24 Cr for FY 2020 (up 31% YoY).
Gorantla Systems India has 2 current directors:
- Gorantla - Additional Director
- Gorantla Nirmala Devi - Director
Gorantla Systems India reported a net profit of ₹1.43 Lakh (net margin 0.6%) and EBITDA of ₹3.22 Lakh (EBITDA margin 1.4%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gorantla Systems India is 13% over three years. In the latest year (FY 2020) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gorantla Systems India is 33AAFCT4144G1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Gorantla Systems India is U72200TZ2015PTC021537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gorantla Systems India was incorporated on 30 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Gorantla Systems India by revenue are Whiz Software Solutions Private Limited, Nirant Technologies Private Limited, Sim Palm Tech India Private Limited, Fusioni Technologies Private Limited, Jai Infoway Private Limited and 5 more, all in the Information Technology industry (Application Development).
Asokan Naresh Kumar ceased to be Director on 20 Jun 2020. Gorantla was appointed as Additional Director on 19 Jun 2020. Padmaja Mullapudi ceased to be Director on 14 Oct 2016. Gorantla Systems India has 5 board changes on record in total.
Gorantla Systems India can be reached through the website tangosystems.com. Its registered office is in Coimbatore, Tamil Nadu, India.