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Itilite Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹17.74 Cr
▲ 36% YoY
Net loss · FY 2026
₹27.45 Cr
Net margin -154.8%
EBITDA · FY 2026
-₹27.41 Cr
EBITDA margin -154.5%
Authorised capital
₹68 Lakh
Registered with MCA
Paid-up capital
₹59.61 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
216
Provident fund records
About Itilite Technologies Private Limited
Data last updated:
Itilite Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 02 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72502KA2017PTC099586. Its GSTIN is 29AAECI3595D1ZE (Karnataka). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹68 Lakh and a paid-up capital of ₹59.61 Lakh. It is led by directors Mayank Kukreja and Anish Khadiya.
Its last annual general meeting (AGM) was held on 01 November 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹17.74 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹27.45 Cr (net margin -154.8%) and EBITDA of -₹27.41 Cr (EBITDA margin -154.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company has about 216 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Itilite. As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹355.01 Cr; the latest was in April 2022.
Itilite Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0067465). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itilite.com.
Company details
CIN U72502KA2017PTC099586
Registration Number 099586
Incorporation Date 02 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 November 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0067465
Key People
Mayank Kukreja Director Anish Khadiya Director Recognitions & Rankings of Itilite Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0067465
Contact details
Itilite Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is itilite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo 15 4th Floor Balaji Nilaya 1st Cross, 4th Main Venkatappa Layout Sanjaynagar, Bangalore, Karnataka, India – 560094
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Itilite Technologies Private Limited, buy the company report.
Comprehensive company report
Itilite Technologies Private Limited - one report that includes everything
- 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
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Brands
Itilite Technologies operates one associated brand: Itilite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Travel and expense management is facilitated via a SaaS platform. | itilite.com |
Business activity
The main business activity of Itilite Technologies 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 Itilite Technologies Private Limited, buy the company report.
Financials of Itilite Technologies Private Limited
FY 2026 filings availableItilite Technologies Private Limited reported revenue of ₹17.74 Cr (up 36% YoY) for FY 2026.
Revenue · FY 2026
₹17.74 Cr ▲ 36%
Net loss · FY 2026
₹27.45 Cr margin -154.8%
EBITDA · FY 2026
-₹27.41 Cr margin -154.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 36% growth in the latest year. EBITDA rose 15% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.45 Cr | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -154.5% | ||||
| Net Profit Margin | -154.8% | ||||
| 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 Itilite Technologies Private Limited, buy the company report.
Board of directors of Itilite Technologies Private Limited
Itilite Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Kukreja | Director | 02 Feb 2017 | 9 Years 9 Months | Current |
| Anish Khadiya | Director | 02 Feb 2017 | 9 Years 9 Months | Current |
Auditor
Itilite Technologies Private Limited is audited by B S R and Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Co | FY 2026 | 128510W |
Shareholding
The shareholding of Itilite Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Itilite Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2020 | 100382408 | Others | ₹5 Lakh | Open | |
| 17 Apr 2020 | 100336484 | Others | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Itilite Technologies Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹355.01 Cr; the latest was in April 2022.
Total deals
4
Funding rounds
4
Disclosed funding
₹355.01 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Funding round · Series B | ₹99.09 Cr | Investors: Greenoaks Capital, VY Capital, Z47 (Matrix Partners India) |
| Oct 2018 | Funding round · Series A | ₹29.83 Cr | Investors: Z47 (Matrix Partners India), VY Capital, 2 individuals |
| Mar 2017 | Funding round · Seed | ₹4 Cr | Investors: Z47 (Matrix Partners India), VY Capital, 2 individuals |
To see the full deal history of Itilite Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Itilite Technologies Private Limited has 2 court cases on record: 1 filed by Itilite Technologies, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Make My Trip Pvt Ltd | Disposed |
| NCLT, Bengaluru | Company petition | Filed by the company against Registrar of Companies | Disposed |
To see the full case history of Itilite Technologies 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
No delayed payments to MSME suppliers are on our record for Itilite Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Itilite Technologies Private Limited has a workforce of 216 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
216
Active EPFO establishments
1
Employee growth
-40.5%
GST
Itilite Technologies has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI3595D1ZE | Karnataka | Active | 01 Jul 2017 |
| 27AAECI3595D1ZI | Maharashtra | Active | 04 Jan 2020 |
| 06AAECI3595D1ZM | Haryana | Active | 07 Jan 2020 |
| 02AAECI3595D1ZU | Himachal Pradesh | Active | 08 Jun 2021 |
To see the full GST registrations and return filing status of Itilite Technologies Private Limited, buy the company report.
Recent activity
Itilite Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Gourav Bhattacharya ceased to be Nominee Director on 30 Sep 2020.
Filing
Itilite Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Itilite Technologies Private Limited last Annual general meeting of members was held on 01 Nov 2025 as per latest MCA records.
Ceased
Gourav Bhattacharya ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100382408 was registered on 10 Sep 2020.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100336484 was registered on 17 Apr 2020.
Appointed
Anish Khadiya was appointed as Director.
Appointed
Mayank Kukreja was appointed as Director.
Incorporation
02 Feb 2017
Itilite Technologies Private Limited was registered on 02 Feb 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
News
Frequently asked questions
Itilite Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 02 February 2017 (9+ years old) and is registered under CIN U72502KA2017PTC099586.
Itilite Technologies has 2 current directors:
- Mayank Kukreja - Director
- Anish Khadiya - Director
The latest financial statements of Itilite Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 November 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Itilite Technologies is 29AAECI3595D1ZE, registered in Karnataka. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECI3595D1ZI (Maharashtra), 06AAECI3595D1ZM (Haryana), 02AAECI3595D1ZU (Himachal Pradesh).
The CIN (Corporate Identification Number) of Itilite Technologies is U72502KA2017PTC099586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itilite Technologies has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Itilite Technologies was incorporated on 02 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Itilite Technologies has 4 deals on record (4 funding rounds), with disclosed funding of ₹355.01 Cr; the latest was in April 2022.
Gourav Bhattacharya ceased to be Nominee Director on 30 Sep 2020. Anish Khadiya was appointed as Director on 02 Feb 2017. Mayank Kukreja was appointed as Director on 02 Feb 2017.
Yes, Itilite Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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