About Itworks Infotech Private Limited
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Itworks Infotech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC164596. Its GSTIN is 27AAECI1426P1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Rohini Nitesh Thacker (Whole-Time Director) and Nitesh Thacker (Whole-Time Director).
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 Plot No 49 & 50A S.No. 210/3/4 Pratham Wakad Mulshi, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.89 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Cr (net margin 21.3%) and EBITDA of ₹3.9 Cr (EBITDA margin 30.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 35% over five years.
The company is associated with 1 brand: ITWorks Infotech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website infotech.works.
Company details
Contact details
Itworks Infotech Private Limited's registered office is in Pune, Maharashtra. Its website is infotech.works. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 49 & 50A S.No. 210/3/4 Pratham Wakad Mulshi, Pune, Maharashtra, India – 411027
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Itworks Infotech 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
Brands
Itworks Infotech operates one associated brand: ITWorks Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops web and mobile apps for finance, IoT, and machine learning technologies. | infotech.works |
Business activity
The main business activity of Itworks Infotech 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 Itworks Infotech Private Limited, buy the company report.
Financials of Itworks Infotech Private Limited
FY 2025 filings availableItworks Infotech Private Limited reported revenue of ₹12.89 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 18% growth in the latest year. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.9 Cr | ||||
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| Net Profit (PAT) | ₹2.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 30.3% | ||||
| Net Profit Margin | 21.3% | ||||
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To see the full financial statements and ratios of Itworks Infotech Private Limited, buy the company report.
Board of directors of Itworks Infotech Private Limited
Itworks Infotech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohini Nitesh Thacker | Whole-Time Director | 20 May 2016 | 10 Years 5 Months | Current |
| Nitesh Thacker | Whole-Time Director | 29 Mar 2018 | 8 Years 6 Months | Current |
Peer comparison
Itworks Infotech Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Application Development), 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 |
|---|---|---|---|---|---|---|
| Clarisity Solutions Private Limited | ₹12.96 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Hotwax Systems Private Limited | ₹12.96 Cr (FY 2025) | 2.0% | Indore, Madhya Pradesh, India | |||
| TK Interactive Private Limited | ₹12.95 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Itworks Infotech Private Limitedthis company | ₹12.89 Cr (FY 2024) | ₹2.74 Cr | 21.3% | 18.0% | Pune, Maharashtra, India | |
| Global Outlook Private Limited | ₹12.89 Cr (FY 2024) | 1.0% | Hyderabad, Telangana, India | |||
| 2Base Technologies Private Limited | ₹12.78 Cr (FY 2024) | 18.0% | Kunnathunad, Kerala, India | |||
| Dreams Technologies Hub Private Limited | ₹12.75 Cr (FY 2023) | 50.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Itworks Infotech Private Limited, buy the company report.
Auditor
Itworks Infotech Private Limited is audited by A. N. GAWADE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. N. GAWADE & CO. | FY 2023 | 122158W |
Shareholding
The shareholding of Itworks Infotech 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 Itworks Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Itworks Infotech 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 Itworks Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Itworks Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI1426P1ZB | Maharashtra | Active | 02 Aug 2017 |
To see the full GST registrations and return filing status of Itworks Infotech Private Limited, buy the company report.
Recent activity
Itworks Infotech Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Nitesh Thacker ceased to be Director on 19 Oct 2024.
Frequently asked questions
Itworks Infotech is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under CIN U72900PN2016PTC164596.
Itworks Infotech has 2 current directors:
- Rohini Nitesh Thacker - Whole-Time Director
- Nitesh Thacker - Whole-Time Director
The latest financial statements of Itworks Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Itworks Infotech is 27AAECI1426P1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Itworks Infotech is U72900PN2016PTC164596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itworks Infotech was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Itworks Infotech by revenue are Clarisity Solutions Private Limited, Hotwax Systems Private Limited, TK Interactive Private Limited, Global Outlook Private Limited, 2Base Technologies Private Limited and 1 more, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Nitesh Thacker ceased to be Director on 19 Oct 2024. Rohini Nitesh Thacker ceased to be Director on 19 Oct 2024. Nitesh Thacker was appointed as Whole-Time Director on 29 Mar 2018. Itworks Infotech has 5 board changes on record in total.
Itworks Infotech can be reached through the website infotech.works. Its registered office is in Pune, Maharashtra, India.
The registered office of Itworks Infotech is at Plot No 49 & 50A S.No. 21034 Pratham Wakad Mulshi, Pune, Maharashtra, India – 411027.
Itworks Infotech operates in the information technology industry, in the application development and software solutions segment.