About Hitachi Digital Services India Private Limited
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Hitachi Digital Services India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Hitachi Consulting Software Services Inc.. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1992PTC014347. Its GSTIN is 36AACCS8350A1ZM (Telangana). The company holds 11 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.98 Cr. It was formerly known as Sierra Optima Limited and Hitachi Consulting Software Services India Limited. It is led by directors including Yogesh Kumar Kandoi and Praveen Kumar Dokania.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,268.39 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹314.48 Cr (net margin 7.4%) and EBITDA of ₹1,177.47 Cr (EBITDA margin 27.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The company has about 2,717 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹14.73 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,344.39 Cr; the latest was in March 2018. Its 5 peer companies in the Information Technology industry (Application Development, Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 1 smaller; the largest is Amd India Private Limited with revenue of ₹4,844.3 Cr. The company has 2 MSME Form 1 returns on record between 2022 and 2024, listing 2 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitachivantara.com.
Company details
Name history
Hitachi Digital Services India has undergone 6 name changes throughout its history. The current legal name is Hitachi Digital Services India Private Limited.
| Company Name | Status |
|---|---|
| Hitachi Digital Services India Private Limited | Current |
| Sierra Optima Limited | Previous |
| Hitachi Consulting Software Services India Limited | Previous |
| Hitachi Consulting Software Services India Private Limited | Previous |
| Sierra Atlantic Software Services Limited | Previous |
| Optima Software Service Pvt Ltd | Previous |
| Hitachi Vantara Software Services India Private Limited | Previous |
CIN history
Hitachi Digital Services India has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG1992PTC014347, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1992PTC014347 | Current |
| U72200AP1992PTC014347 | Previous |
| U72200AP1992PLC014347 | Previous |
| L72200AP1992PLC014347 | Previous |
Contact details
Hitachi Digital Services India Private Limited's registered office is in Hyderabad, Telangana. Its website is hitachivantara.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.9 Survey No.115, Nanakram Guda Village, Hyderabad, Telangana, India – 500019
- IndustryInformation Technology, Software Development & Support Services, Application Development & Software Solutions
To see the full contact details of Hitachi Digital Services India 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 Hitachi Digital Services India 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Hitachi Digital Services India Private Limited, buy the company report.
Financials of Hitachi Digital Services India Private Limited
FY 2024 filings availableHitachi Digital Services India Private Limited reported revenue of ₹4,268.39 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 18% growth in the latest year. EBITDA rose 16% 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 |
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| EBITDA | ₹1,177.47 Cr | ||||
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| Net Profit (PAT) | ₹314.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.6% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hitachi Digital Services India Private Limited, buy the company report.
Board of directors of Hitachi Digital Services India Private Limited
Hitachi Digital Services India has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Kumar Kandoi | Director | 09 Mar 2022 | 4 Years 8 Months | Current |
| Praveen Kumar Dokania | Director | 10 Dec 2021 | 4 Years 10 Months | Current |
| Sivakumar Namasivayam | Director | 07 Feb 2025 | 1 Years 9 Months | Current |
| Mahendra Kumar Nabaria | Director | 16 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Hitachi Digital Services India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development, Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amd India Private Limited | ₹4,844.3 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| Mastercard Technology Private Limited | ₹4,600.07 Cr (FY 2025) | 33.0% | Pune, Maharashtra, India | |||
| Eaton Technologies Private Limited | ₹4,478.45 Cr (FY 2025) | 8.0% | Pune, Maharashtra, India | |||
| Cgi Information Systems and Management Consultants Private Limited | ₹4,282.31 Cr (FY 2024) | 8.0% | Bangalore, Karnataka, India | |||
| Hitachi Digital Services India Private Limitedthis company | ₹4,268.39 Cr (FY 2025) | ₹314.48 Cr | 7.4% | 18.0% | 2,717 | Hyderabad, Telangana, India |
| Hewlett Packard (India) Software Operation Private Limited | ₹4,125.9 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hitachi Digital Services India Private Limited, buy the company report.
Auditor
Hitachi Digital Services India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Hitachi Digital Services India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hitachi Digital Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 1996 | 90140507 | State Bank of India | ₹14.73 Cr | Satisfied |
To see the full charge records of Hitachi Digital Services India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Hitachi Digital Services India Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,344.39 Cr; the latest was in March 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹45.51 Cr | Investors: Hitachi Consulting Software Services Inc. |
| Mar 2017 | Funding round | ₹32.72 Cr | Investors: Hitachi Consulting Software Services Inc. |
| Mar 2016 | Funding round | ₹88.18 Cr | Investors: Hitachi Consulting Software Services Inc. |
| Mar 2014 | Funding round | ₹1,177.99 Cr | Investors: Hitachi Consulting Software Services Inc. |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Hitachi Consulting Software Services Inc. & Hitachi Consulting Uk Limited, Hitachi Consulting Software Services Inc. & Hitachi Consulting Corporation, Hitachi Consulting Software Services Inc. Seller: Sierra Atlantic Inc. & Joga Ryali, Sierra Atlantic Inc. & Reuben Job, Sierra Atlantic Inc. & Sampath Kumar |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hitachi Digital Services India Private Limited has 5 court cases on record: 4 filed by Hitachi Digital Services India, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
| High Court, TELANGANA | Court case (CCCA) | Filed against the company by individuals | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Hitachi Digital Services India 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
Hitachi Digital Services India Private Limited has 2 MSME Form 1 returns on record between 2022 and 2024, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Instant Retail India Limited | |||
| Rac IT Solutions Private Limited |
To see the full MSME payment records of Hitachi Digital Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hitachi Digital Services India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hitachi Payment Services Pvt. Ltd. | U72100TN2005PTC057463 |
To see the full group structure of Hitachi Digital Services India Private Limited, buy the company report.
Employees & EPFO
Hitachi Digital Services India Private Limited has a workforce of 2,717 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Hitachi Digital Services India has 11 GST registrations: 5 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCS8350A1ZM | Telangana | Active | 01 Jul 2017 |
| 36AACCS8350A2ZL | Telangana | Active | 22 Jul 2017 |
| 36AACCS8350A3ZK | Telangana | Active | 01 Sep 2019 |
| 27AACCS8350A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hitachi Digital Services India Private Limited, buy the company report.
Recent activity
Hitachi Digital Services India Private Limited has 26 board changes on record since 2011: 4 appointments and 22 cessations. The latest: Mahendra Kumar Nabaria ceased to be Additional Director on 06 Nov 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Hitachi Digital Services India is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 09 June 1992 (34+ years old) and is registered under CIN U72200TG1992PTC014347.
Hitachi Digital Services India has 4 current directors:
- Yogesh Kumar Kandoi - Director
- Praveen Kumar Dokania - Director
- Sivakumar Namasivayam - Director
- Mahendra Kumar Nabaria - Director
The latest financial statements of Hitachi Digital Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hitachi Digital Services India is 36AACCS8350A1ZM, registered in Telangana. The company has 11 GST registrations in all, of which 5 are active and 6 are cancelled or inactive. Other active GSTINs include 36AACCS8350A2ZL (Telangana), 36AACCS8350A3ZK (Telangana), 27AACCS8350A1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Hitachi Digital Services India is U72200TG1992PTC014347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hitachi Digital Services India has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Hitachi Digital Services India was incorporated on 09 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Hyderabad.
Hitachi Digital Services India has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,344.39 Cr; the latest was in March 2018.
The peers of Hitachi Digital Services India by revenue are Amd India Private Limited, Mastercard Technology Private Limited, Eaton Technologies Private Limited, Cgi Information Systems and Management Consultants Private Limited, Hewlett Packard (India) Software Operation Private Limited, all in the Information Technology industry (Application Development, Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities).
Mahendra Kumar Nabaria ceased to be Additional Director on 06 Nov 2025. Sivakumar Namasivayam ceased to be Additional Director on 06 Nov 2025. Mahendra Kumar Nabaria was appointed as Director on 16 Sep 2025. Hitachi Digital Services India has 26 board changes on record in total.
Hitachi Digital Services India has 2 MSME Form 1 returns on record between 2022 and 2024, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Hitachi Digital Services India can be reached through the website hitachivantara.com. Its registered office is in Hyderabad, Telangana, India.
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