About Latent Talent Technologies Private Limited
Data last updated:
Latent Talent Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2010PTC053453. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Latent Talent Executive Search Private Limited. It is led by directors Kulandai Swamy Kulandai Theresa and Sathish Krishnappa.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Chithaary House No. 130 4th Floor 8th Main Road Jp Nagar 3rd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.46 Lakh, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹7.07 Lakh (net margin 11.7%) and EBITDA of ₹10.96 Lakh (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 88% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website latatec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressChithaary House No. 130 4th Floor 8th Main Road Jp Nagar 3rd Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Latent Talent Technologies Private Limited
The business activities of Latent Talent Technologies are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Latent Talent Technologies Private Limited FY 2023 filings available
Latent Talent Technologies Private Limited reported revenue of ₹60.46 Lakh (up 54% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Latent Talent Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 54% growth in the latest year. EBITDA fell 2% 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 Latent Talent Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.07 Lakh | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Latent Talent Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Latent Talent Technologies 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.
Auditor Details of Latent Talent Technologies Private Limited
Latent Talent Technologies Private Limited is audited by DATTATRAYA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DATTATRAYA & 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 Latent Talent Technologies Private Limited
Latent Talent Technologies has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulandai Swamy Kulandai Theresa | Director | 29 Nov 2017 | 8 Years 10 Months | Current |
| Sathish Krishnappa | Director | 29 Nov 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of Latent Talent Technologies 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 Latent Talent Technologies Private Limited
Latent Talent Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Latent Talent Technologies Private Limited
Latent Talent Technologies Private Limited has a workforce of 0 employees as of Apr 01, 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 Latent Talent Technologies Private Limited
Latent Talent Technologies Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Munirathinam Ganeshkumar ceased to be Director on 22 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Latent Talent Technologies 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 Latent Talent Technologies 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 Latent Talent Technologies 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 Latent Talent Technologies Private Limited
Latent Talent Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Latent Talent Technologies 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 Latent Talent Technologies Private Limited
Latent Talent Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 May 2010 (16+ years old) and is registered under CIN U74900KA2010PTC053453.
Latent Talent Technologies reported revenue of ₹60.46 Lakh for FY 2023 (up 54% YoY).
Latent Talent Technologies has 2 current directors:
- Kulandai Swamy Kulandai Theresa - Director
- Sathish Krishnappa - Director
Latent Talent Technologies reported a net profit of ₹7.07 Lakh (net margin 11.7%) and EBITDA of ₹10.96 Lakh (EBITDA margin 18.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Latent Talent Technologies is 20% over three years and 88% over five years. In the latest year (FY 2023) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
No. Latent Talent Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Latent Talent Technologies is U74900KA2010PTC053453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latent Talent Technologies was incorporated on 01 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Munirathinam Ganeshkumar ceased to be Director on 22 Dec 2021. Kulandai Swamy Kulandai Theresa ceased to be Additional Director on 29 Sep 2018. Sathish Krishnappa ceased to be Additional Director on 29 Sep 2018. Latent Talent Technologies has 8 board changes on record in total.
Latent Talent Technologies can be reached through the website latatec.com. Its registered office is in Bangalore, Karnataka, India.