Itish Business Solutions Limited

Itish Business Solutions Limited - business outsourcing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U74999TG2018PLC126527 Incorporated 06 September 2018 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Public Limited Company business outsourcing MSME · Small
Data last updated
Revenue · FY 2023
₹27.45 Cr
▼ 4% YoY
Net profit · FY 2023
₹1.13 Cr
Net margin 4.1%
EBITDA · FY 2023
₹2 Cr
EBITDA margin 7.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.69 Cr
Issued & subscribed
Open charges
₹46.69 Lakh
Satisfied ₹46.69 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
69
Provident fund records

About Itish Business Solutions Limited

Data last updated:

Itish Business Solutions Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the business process outsourcing sector. It was incorporated on 06 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PLC126527. Its GSTIN is 36AAECI9795D1Z5 (Telangana).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.69 Cr. It is led by directors including Yashwanth Goud Pappana (Managing Director) and Naveen Bolishetti (Whole-Time Director).

Its last annual general meeting (AGM) was held on 24 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 2023, the company reported a revenue of ₹27.45 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 4.1%) and EBITDA of ₹2 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 184% over three years.

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Itish Business Solutions. As per MCA filings, the company has open charges of ₹46.69 Lakh and satisfied charges of ₹46.69 Lakh on record.

Itish Business Solutions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0068178). For more details, the company can be reached via its website itish.in.

Company details

CIN U74999TG2018PLC126527
Registration Number 126527
Incorporation Date 06 September 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TS-02-0068178

CIN history

Itish Business Solutions has one previous CIN (Corporate Identification Number): U74999TG2018PTC126527. The current CIN is U74999TG2018PLC126527, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999TG2018PLC126527Current
U74999TG2018PTC126527Previous

Recognitions & Rankings of Itish Business Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-TS-02-0068178

Contact details

Itish Business Solutions Limited's registered office is in Hyderabad, Telangana.

  • Social Media
  • Registered Address
    Tower 1 – 2nd Floor Granules Building Survey No 199, Opp Chirec School Kondapur Main Road Laxmi Nagar, Hyderabad, Telangana, India – 500084
  • Industry
    Business Outsourcing, Business Process Outsourcing, Business & IT Consulting
Comprehensive company report
Itish Business Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Itish Business Solutions operates one associated brand: Itish Business Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Offers recruitment, outsourcing, and business solutions to organizations globally.itish.in

Financials of Itish Business Solutions Limited

FY 2024 filings available

Itish Business Solutions Limited reported revenue of ₹27.45 Cr (down 4% YoY) for FY 2023.

Revenue · FY 2023
₹27.45 Cr ▼ 4%
Net profit · FY 2023
₹1.13 Cr margin 4.1%
EBITDA · FY 2023
₹2 Cr margin 7.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 184%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 180%

Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 184%. EBITDA rose 12% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹27.45 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.13 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.3%
Net Profit Margin4.1%
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 Itish Business Solutions Limited, buy the company report.

Board of directors and KMP of Itish Business Solutions Limited

Itish Business Solutions Limited currently reports 6 directors and 1 key managerial person. 9 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Lakshmi Tejaswini KopparapuDirector20 Feb 20206 Years 8 MonthsCurrent
Naveen BolishettiWhole-Time Director03 Aug 20233 Years 3 MonthsCurrent
Kolli Srikanth ReddyDirector02 Jul 20242 Years 4 MonthsCurrent
Venkata Naga Lavanya KandalaDirector12 Oct 20242 Years 0 MonthsCurrent
Yashwanth Goud PappanaManaging Director25 Apr 20242 Years 6 MonthsCurrent
Ravinder Reddy SurukantiDirector12 Oct 20242 Years 0 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Charges & borrowings

Open charges
₹46.69 Lakh
Satisfied charges
₹46.69 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹0.47 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Feb 2022100545908Hdfc Bank Limited₹46.69 LakhSatisfied

To see the full charge records of Itish Business Solutions Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Itish Business Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Itish Business Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAECI9795D1Z5TelanganaActive30 Oct 2018

To see the full GST registrations and return filing status of Itish Business Solutions Limited, buy the company report.

Recent activity

Itish Business Solutions Limited has 16 board changes on record since 2019: 7 appointments and 9 cessations. The latest: Krishna Mohan Reddy Gorantampalli was appointed as Company Secretary on 02 Jun 2025.

Appointed
Krishna Mohan Reddy Gorantampalli was appointed as Company Secretary.
Ceased
Ravinder Reddy Surukanti ceased to be Additional Director.
Ceased
Venkata Naga Lavanya Kandala ceased to be Additional Director.
Appointed
Ravinder Reddy Surukanti was appointed as Director.
Appointed
Venkata Naga Lavanya Kandala was appointed as Director.
AGM
Itish Business Solutions Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
Ceased
Yashwanth Goud Pappana ceased to be Managing Director.
Charges
A charge registered on 03 Feb 2022 via Charge ID 100545908 with Hdfc Bank Limited was fully satisfied on 01 Sep 2024.
Ceased
Kolli Srikanth Reddy ceased to be Additional Director.
Appointed
Kolli Srikanth Reddy was appointed as Director.
Appointed
Yashwanth Goud Pappana was appointed as Managing Director.
Filing
Itish Business Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

9 earlier events are in the company report.

Frequently asked questions

Itish Business Solutions is an active public limited company based in Hyderabad, Telangana, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 06 September 2018 (8+ years old) and is registered under CIN U74999TG2018PLC126527.

Itish Business Solutions has 7 current directors and KMP:

The latest financial statements of Itish Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Itish Business Solutions is 36AAECI9795D1Z5, registered in Telangana.

The CIN (Corporate Identification Number) of Itish Business Solutions is U74999TG2018PLC126527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Itish Business Solutions was incorporated on 06 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.

Krishna Mohan Reddy Gorantampalli was appointed as Company Secretary on 02 Jun 2025. Ravinder Reddy Surukanti ceased to be Additional Director on 17 Mar 2025. Venkata Naga Lavanya Kandala ceased to be Additional Director on 17 Mar 2025. Itish Business Solutions has 16 board changes on record in total.

Yes, Itish Business Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0068178).

Itish Business Solutions can be reached through the website itish.in. Its registered office is in Hyderabad, Telangana, India.

The registered office of Itish Business Solutions is at Tower 1 – 2nd Floor Granules Building Survey No 199, Opp Chirec School Kondapur Main Road Laxmi Nagar, Hyderabad, Telangana, India – 500084.