
Hitah Systems and Solutions Private Limited
About Hitah Systems and Solutions Private Limited
Data last updated:
Hitah Systems and Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application software segment of the printing and publishing sector. It was incorporated on 09 December 2010.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2010PTC078378. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Srirama Narasimha Rao Majety and Padmavathi Majety.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 10/7 A Lalitha Mahal Annai Sathyanagar Main Road Ramapuram, Chennai, Tamil Nadu, India – 600089.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.89 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹8.65 Lakh (net margin 4.6%) and EBITDA of ₹16.56 Lakh (EBITDA margin 8.8%).
Company details
Contact details
Hitah Systems and Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10/7 A Lalitha Mahal Annai Sathyanagar Main Road Ramapuram, Chennai, Tamil Nadu, India – 600089
- IndustryPrinting & Publishing, Application Software, Games, Publishing, System Software, Software
To see the full contact details of Hitah Systems and Solutions 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 Hitah Systems and Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Hitah Systems and Solutions Private Limited, buy the company report.
Financials of Hitah Systems and Solutions Private Limited
FY 2016 filings availableHitah Systems and Solutions Private Limited reported revenue of ₹1.89 Cr (up 24% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.89 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹16.56 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹8.65 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.8% | |
| Net Profit Margin | 4.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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To see the full financial statements and ratios of Hitah Systems and Solutions Private Limited, buy the company report.
Board of directors of Hitah Systems and Solutions Private Limited
Hitah Systems and Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srirama Narasimha Rao Majety Also directs: Divisys India Private Limited | Director | 29 Jan 2011 | 15 Years 8 Months | As last reported |
| Padmavathi Majety Also directs: Divisys India Private Limited | Director | 17 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Hitah Systems and Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nimbylz Technology Solutions Private Limited | ₹1.9 Cr (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| MWB Technologies India Private Limited | ₹1.89 Cr (FY 2024) | -40.0% | Hubli, Karnataka, India | |||
| Soft Com India Private Limited | ₹1.89 Cr (FY 2024) | -24.0% | Mumbai, Maharashtra, India | |||
| Taggart Continuum India Solutions Private Limited | ₹1.89 Cr (FY 2022) | 382.0% | Nawada, Delhi, India | |||
| Salt River Info Systems Private Limited | ₹1.89 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Hitah Systems and Solutions Private Limitedthis company | ₹1.89 Cr (FY 2016) | ₹8.65 Lakh | 4.6% | 24.0% | Chennai, Tamil Nadu, India | |
| SJTS Services Private Limited | ₹1.89 Cr (FY 2024) | 437.0% | Bhubaneswar, Odisha, India | |||
| Ninjaas Labs Private Limited | ₹1.89 Cr (FY 2025) | 76.0% | Bangalore, Karnataka, India | |||
| Sharepointempower Private Limited | ₹1.89 Cr (FY 2024) | 3.0% | Rajkot, Gujarat, India | |||
| Rsoft Technologies Private Limited | ₹1.89 Cr (FY 2024) | 96.0% | Taramani, Tamil Nadu, India | |||
| Bitrix Infotech Private Limited | ₹1.88 Cr (FY 2025) | 61.0% | Surat, Gujarat, India |
To see the full peer comparison of Hitah Systems and Solutions Private Limited, buy the company report.
Auditor
Hitah Systems and Solutions Private Limited is audited by SRIPADA ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIPADA ASSOCIATES | FY 2016 | 005903S |
Shareholding
The shareholding of Hitah Systems and Solutions Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hitah Systems and Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hitah Systems and Solutions 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 Hitah Systems and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hitah Systems and Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hitah Systems and Solutions Private Limited, buy the company report.
Recent activity
Hitah Systems and Solutions Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Lakshminarasimha Kumar Akella ceased to be Director on 04 Apr 2016.
Frequently asked questions
Hitah Systems and Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hitah Systems and Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application software, within the printing and publishing industry. It was incorporated on 09 December 2010 and is registered under CIN U72900TN2010PTC078378. The company has been struck off by the Registrar of Companies and is no longer operational.
Hitah Systems and Solutions had 2 directors:
- Srirama Narasimha Rao Majety - Director
- Padmavathi Majety - Director
The CIN (Corporate Identification Number) of Hitah Systems and Solutions is U72900TN2010PTC078378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hitah Systems and Solutions is at 107 A Lalitha Mahal Annai Sathyanagar Main Road Ramapuram, Chennai, Tamil Nadu, India – 600089.
Hitah Systems and Solutions was incorporated on 09 December 2010. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Hitah Systems and Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Hitah Systems and Solutions has 1 GST registration on record and it is cancelled or inactive.
Hitah Systems and Solutions operated in the printing and publishing industry, in the application software segment. It worked in this industry before it was struck off.
The peers of Hitah Systems and Solutions by revenue are Nimbylz Technology Solutions Private Limited, MWB Technologies India Private Limited, Soft Com India Private Limited, Taggart Continuum India Solutions Private Limited, Salt River Info Systems Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Lakshminarasimha Kumar Akella ceased to be Director on 04 Apr 2016. Padmavathi Majety ceased to be Additional Director on 30 Sep 2015. Padmavathi Majety was appointed as Director on 17 Aug 2015. Hitah Systems and Solutions has 6 board changes on record in total.