Lorvensoft Technology Private Limited

Lorvensoft Technology Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72400TG2009PTC063190 Incorporated 26 March 2009 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹56.07 Lakh
▼ 43% YoY
Net profit · FY 2024
₹7.06 Lakh
Net margin 12.6%
EBITDA · FY 2024
₹12.27 Lakh
EBITDA margin 21.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Lorvensoft Technology Private Limited

Data last updated:

Lorvensoft Technology Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Bgt Issuer Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 March 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72400TG2009PTC063190. Its GSTIN is 36AABCL7967M1ZS (Telangana).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors Avinash Pitti and Varsha Pitti.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 – 6 – 118 Rambagh Attapur, Hyderabad, Telangana, India – 500048.

As per the financials filed for FY 2024, the company reported a revenue of ₹56.07 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹7.06 Lakh (net margin 12.6%) and EBITDA of ₹12.27 Lakh (EBITDA margin 21.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.

The company is associated with 1 brand: Lorven Softtech.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lorvensofttech.com.

Company Details of Lorvensoft Technology Private Limited
CIN U72400TG2009PTC063190
Registration Number 063190
Incorporation Date 26 March 2009
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Bgt Issuer Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    4 – 6 – 118 Rambagh Attapur, Hyderabad, Telangana, India – 500048
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Lorvensoft Technology Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

CIN History of Lorvensoft Technology Private Limited

Lorvensoft Technology has one previous CIN (Corporate Identification Number): U72400AP2009PTC063190. The current CIN is U72400TG2009PTC063190, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72400TG2009PTC063190Current
U72400AP2009PTC063190Previous

Associated Brands with Lorvensoft Technology Private Limited

Lorvensoft Technology operates one associated brand: Lorven Softtech. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive technology services to meet diverse business needs.lorvensofttech.com

Competitors & Alternatives of Lorvensoft Technology Private Limited

Brands and companies operating in the same space as Lorvensoft Technology Private Limited include Standard Bank, Hedgehog lab, AlmavivA and 4 more.

CompetitorDescriptionLocationFounded
Standard Bank Standard Bank Commercial banking services are provided across 20 African countries.Johannesburg, South Africa1862
Hedgehog lab Hedgehog lab Mobile application development and UX design services are provided.Newcastle Upon Tyne, United Kingdom2007
AlmavivA AlmavivA IT services suite solutions are provided globally by AlmavivA.Rome, Italy2005
AKQA AKQA Integrated digital marketing campaigns are developed and executed across channels.Riyadh, Saudi Arabia1994
Wrench Group Wrench Group Web application that enables tradesmen to create customized preventive maintenance programsDallas, United States2016
Hancom Hancom Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.Seongnam-si, South Korea1990
Catalyte Catalyte Contract talent is discovered, developed, and deployed via AI platform.Baltimore, United States2000

Business Activity of Lorvensoft Technology Private Limited

The main business activity of Lorvensoft Technology is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Lorvensoft Technology Private Limited

Lorvensoft Technology Private Limited is audited by P K BAJAJ & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
P K BAJAJ & COLockedLockedLocked
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Board of Directors of Lorvensoft Technology Private Limited

Lorvensoft Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Avinash PittiDirector26 Mar 200917 Years 6 MonthsCurrent
Varsha PittiDirector26 Mar 200917 Years 6 MonthsCurrent

Financials of Lorvensoft Technology Private Limited FY 2024 filings available

Lorvensoft Technology Private Limited reported revenue of ₹56.07 Lakh (down 43% YoY) for FY 2024.

Revenue · FY 2024
₹56.07 Lakh ▼ 43%
Net profit · FY 2024
₹7.06 Lakh margin 12.6%
EBITDA · FY 2024
₹12.27 Lakh margin 21.9%

Compounded Annual Growth Rate (CAGR) of Lorvensoft Technology Private Limited

Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 37%

Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 43% fall in the latest year. EBITDA rose 10% 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 Lorvensoft Technology Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹12.27 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹7.06 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 Lorvensoft Technology Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin21.9%••••••••••••••••
Net Profit Margin12.6%••••••••••••••••
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 Lorvensoft Technology are in the company report.

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Ownership and Shareholding of Lorvensoft Technology Private Limited

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Charges & Borrowings of Lorvensoft Technology Private Limited

Lorvensoft Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Lorvensoft Technology Private Limited

Employment history and EPFO contributions of people linked to Lorvensoft Technology.

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GST Compliance of Lorvensoft Technology Private Limited

Lorvensoft Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AABCL7967M1ZSTelanganaActive08 Feb 2019
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Credit Ratings, Litigation & Regulatory Alerts for Lorvensoft Technology Private Limited

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MSME Payment Delays by Lorvensoft Technology Private Limited

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Subsidiaries & Group Companies of Lorvensoft Technology Private Limited

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MCA Filings & Documents of Lorvensoft Technology Private Limited

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Recent Activity on Lorvensoft Technology Private Limited

Activity
30 Sep 2024
Lorvensoft Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Lorvensoft Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Directors
26 Mar 2009
Avinash Pitti was appointed as a Director on 26 Mar 2009 & has been associated with this company since 17 years 6 months.
Directors
26 Mar 2009
Varsha Pitti was appointed as a Director on 26 Mar 2009 & has been associated with this company since 17 years 6 months.
Activity
26 Mar 2009
Lorvensoft Technology Private Limited was registered on 26 Mar 2009 with Roc Hyderabad & aged 17 years 6 months as per MCA records.

Frequently Asked Questions about Lorvensoft Technology Private Limited

Lorvensoft Technology is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 March 2009 (17+ years old) and is registered under CIN U72400TG2009PTC063190.

Lorvensoft Technology reported revenue of ₹56.07 Lakh for FY 2024 (down 43% YoY).

Lorvensoft Technology has 2 current directors:

Lorvensoft Technology reported a net profit of ₹7.06 Lakh (net margin 12.6%) and EBITDA of ₹12.27 Lakh (EBITDA margin 21.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Lorvensoft Technology is -27% over three years. In the latest year (FY 2024) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Lorvensoft Technology is 36AABCL7967M1ZS, registered in Telangana.

The CIN (Corporate Identification Number) of Lorvensoft Technology is U72400TG2009PTC063190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lorvensoft Technology was incorporated on 26 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.

Lorvensoft Technology can be reached through the website lorvensofttech.com. Its registered office is in Hyderabad, Telangana, India.

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