Hytes IT Software Private Limited
About Hytes IT Software Private Limited
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Hytes IT Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 28 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC156039.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balamurugan Gnanakumar and Nithya Thangavelu.
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 K 102 Shriram Adithya Apartments 8 & 10 IV Cross Naidu Layout Arehalli, Bangalore, Karnataka, India – 560061.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.21 Lakh (net margin 3.3%) and EBITDA of ₹8.86 Lakh (EBITDA margin 5.6%).
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- Registered AddressK 102 Shriram Adithya Apartments 8 & 10 IV Cross Naidu Layout Arehalli, Bangalore, Karnataka, India – 560061
- IndustryInformation Technology, Other Computer Related Activities
- 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 Hytes IT Software Private Limited
The main business activity of Hytes IT Software 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 Hytes IT Software Private Limited FY 2025 filings available
Hytes IT Software Private Limited reported revenue of ₹1.58 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hytes IT Software Private Limited
Revenue rose 12% in the latest year. EBITDA fell 63% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Hytes IT Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹8.86 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.21 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 Hytes IT Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.6% | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• |
| 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 Hytes IT Software are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of Hytes IT Software Private Limited
Hytes IT Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polymator Interactive Private Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Aiunika Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Vraj Protech Private Limited | •••• | •••• | •••• | •••• | - | Navimumbai, Maharashtra, India |
| Aneka Labs Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sail Boat Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Hytes IT Software Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Axonator Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Reservoir Digital Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Proaxion Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Vrai Labs Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Live Oak Engineering Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hytes IT Software by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Hytes IT Software Private Limited
Hytes IT Software has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balamurugan Gnanakumar Also directs: Mooshika Vahan Travels Private Limited | Director | 22 Mar 2024 | 2 Years 6 Months | Current |
| Nithya Thangavelu Also directs: Magnetors IT Consulting Private Limited | Director | 28 Dec 2021 | 4 Years 9 Months | Current |
Charges & Borrowings of Hytes IT Software Private Limited
Hytes IT Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hytes IT Software Private Limited
Employment history and EPFO contributions of people linked to Hytes IT Software.
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 Hytes IT Software Private Limited
Hytes IT Software Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Arunkumar Virinjipuram Sreedharan ceased to be Director on 26 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Hytes IT Software 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 Hytes IT Software 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 Hytes IT Software 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 Hytes IT Software Private Limited
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 Hytes IT Software 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 Hytes IT Software Private Limited
Hytes IT Software is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 28 December 2021 (5+ years old) and is registered under CIN U72900KA2021PTC156039.
Hytes IT Software reported revenue of ₹1.58 Cr for FY 2024 (up 12% YoY).
Hytes IT Software has 2 current directors:
- Balamurugan Gnanakumar - Director
- Nithya Thangavelu - Director
Hytes IT Software reported a net profit of ₹5.21 Lakh (net margin 3.3%) and EBITDA of ₹8.86 Lakh (EBITDA margin 5.6%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Hytes IT Software is U72900KA2021PTC156039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hytes IT Software was incorporated on 28 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hytes IT Software by revenue are Polymator Interactive Private Limited, Aiunika Technologies Private Limited, Vraj Protech Private Limited, Aneka Labs Private Limited, Sail Boat Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Arunkumar Virinjipuram Sreedharan ceased to be Director on 26 Mar 2024. Balamurugan Gnanakumar was appointed as Director on 22 Mar 2024. Nithya Thangavelu was appointed as Director on 28 Dec 2021.
The registered office of Hytes IT Software is at K 102 Shriram Adithya Apartments 8 & 10 IV Cross Naidu Layout Arehalli, Bangalore, Karnataka, India – 560061.
Hytes IT Software has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Hytes IT Software operates in the information technology industry, in the other computer related activities segment.