Joy Techno Services Private Limited
About Joy Techno Services Private Limited
Data last updated:
Joy Techno Services Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC057105. Its GSTIN is 29AACCJ5820C1ZT (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Irayya Hiremath (Managing Director) and Varalakshmi Naga Satya Purna Bhaskara Gullapalli.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sayyad Building Bhai Galli Opp: Laxmi Talkies Dharwad, Karnataka, India – 580001.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.2 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹31.81 Lakh (net margin 4.4%) and EBITDA of ₹32.14 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 59% over five years.
The company has about 436 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
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- Registered AddressSayyad Building Bhai Galli Opp: Laxmi Talkies Dharwad, Karnataka, India – 580001
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Joy Techno Services Private Limited
The main business activity of Joy Techno Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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 Joy Techno Services Private Limited FY 2022 filings available
Joy Techno Services Private Limited reported revenue of ₹7.2 Cr (up 54% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Joy Techno Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 54% growth in the latest year. EBITDA rose 167% 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 of Joy Techno Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹32.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.81 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 Joy Techno Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Joy Techno Services are in the company report.
Financial statements from 2015
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 Joy Techno Services Private Limited
Joy Techno Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manfriday Integrated Services Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| Kraftwood Decor Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Cortex Consulting Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Bizfix Business Solution Private Limited | ₹7.2 Cr (FY 2024) | •••• | •••• | 477.0% | •••• | Nagpur, Maharashtra, India |
| Ravi Security Service Private Limited | ₹7.2 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | Bhopal, Madhya Pradesh, India |
| Joy Techno Services Private Limited this company | ₹7.2 Cr (FY 2022) | •••• | •••• | 54.0% | •••• | Dharwad, Karnataka, India |
| Coolkaru Private Limited | ₹7.2 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
| Turbohire Technologies Private Limited | ₹7.19 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Shree Ghodemukh Infra Projects Private Limited | ₹7.19 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Civo India Private Limited | ₹7.18 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Bangalore, Karnataka, India |
| Shyam Sunder Management Service Private Limited | ₹7.18 Cr (FY 2025) | •••• | •••• | 13241.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Joy Techno Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Joy Techno Services Private Limited
Joy Techno Services Private Limited is audited by M V BASIDONI & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V BASIDONI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Joy Techno Services Private Limited
Joy Techno Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varalakshmi Naga Satya Purna Bhaskara Gullapalli | Director | 14 Feb 2011 | 15 Years 8 Months | Current |
| Irayya Hiremath | Managing Director | 14 Feb 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Joy Techno Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Joy Techno Services Private Limited
Joy Techno Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Joy Techno Services Private Limited
Joy Techno Services Private Limited has 4 court cases on record: 2 filed by Joy Techno Services, 2 filed against it. All cases are pending. Status as checked between 29 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Pending |
| District court, DHARWAD, Karnataka | Court case (ESI 75 Application) | Filed by the company against an individual | Pending |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Joy Techno Services Private Limited
Joy Techno Services Private Limited has a workforce of 436 employees as of Apr 05, 2024.
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 Joy Techno Services Private Limited
Joy Techno Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Irayya Hiremath was appointed as Managing Director on 14 Feb 2011.
Credit Ratings, Litigation & Regulatory Alerts for Joy Techno Services 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 Joy Techno Services 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 Joy Techno Services 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 Joy Techno Services Private Limited
Joy Techno Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCJ5820C1ZT | Karnataka | Active | 01 Jul 2017 |
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 Joy Techno Services 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 Joy Techno Services Private Limited
Joy Techno Services is an active private limited company based in Dharwad, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 February 2011 (15+ years old) and is registered under CIN U72200KA2011PTC057105.
Joy Techno Services reported revenue of ₹7.2 Cr for FY 2022 (up 54% YoY).
Joy Techno Services has 2 current directors:
- Irayya Hiremath - Managing Director
- Varalakshmi Naga Satya Purna Bhaskara Gullapalli - Director
Joy Techno Services reported a net profit of ₹31.81 Lakh (net margin 4.4%) and EBITDA of ₹32.14 Lakh (EBITDA margin 4.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Joy Techno Services is 50% over three years and 59% over five years. In the latest year (FY 2022) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Joy Techno Services is 29AACCJ5820C1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Joy Techno Services is U72200KA2011PTC057105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy Techno Services has 4 court cases on record: 2 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Joy Techno Services was incorporated on 14 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Joy Techno Services by revenue are Manfriday Integrated Services Private Limited, Kraftwood Decor Private Limited, Cortex Consulting Private Limited, Bizfix Business Solution Private Limited, Ravi Security Service Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Irayya Hiremath was appointed as Managing Director on 14 Feb 2011. Varalakshmi Naga Satya Purna Bhaskara Gullapalli was appointed as Director on 14 Feb 2011.