About L&T Thales Technology Services Private Limited
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L&T Thales Technology Services Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India, a subsidiary of L&T Technology Services Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2006PTC059421. Its GSTIN is 33AACCT4657M1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.05 Cr. It was formerly known as Thales Software India Private Limited. It is led by directors including Rajeev Trilokinath Gupta and Rajkumar Ravindranathan.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rmz One Paramount Campus 10 3rd Floor A1 Wing And Ground Floor No. 110, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹59 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹12.43 Cr (net margin -21.1%) and EBITDA of -₹14.24 Cr (EBITDA margin -24.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.
The company has about 131 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: L&T Technology Services. As per MCA filings, the company has open charges of ₹30.5 Lakh and satisfied charges of ₹71,456 on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹9.28 Cr; the latest was in June 2014. Its 5 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 4 smaller; the largest is Drivestream India Private Limited with revenue of ₹59.34 Cr. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ltts.com.
Company details
Contact details
L&T Thales Technology Services Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is ltts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRmz One Paramount Campus 10 3rd Floor A1 Wing And Ground Floor No. 110, Mount Poonamallee High Road Porur Chennai Tamil Nadu 600116, Sriperumbudur, Tamil Nadu, India – 600116
- IndustryInformation Technology, Application Development & Software Solutions
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- 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
L&T Thales Technology Services operates one associated brand: L&T Technology Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software, AI, cloud, cybersecurity, and engineering consulting services are provided. | ltts.com |
Business activity
The main business activity of L&T Thales Technology Services 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 L&T Thales Technology Services Private Limited, buy the company report.
Financials of L&T Thales Technology Services Private Limited
FY 2025 filings availableL&T Thales Technology Services Private Limited reported revenue of ₹59 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 17% fall in the latest year. EBITDA fell 200% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹14.24 Cr | ||||
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| Net Profit (PAT) | -₹12.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -24.1% | ||||
| Net Profit Margin | -21.1% | ||||
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To see the full financial statements and ratios of L&T Thales Technology Services Private Limited, buy the company report.
Board of directors of L&T Thales Technology Services Private Limited
L&T Thales Technology Services has 5 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Deepak Kanaglekar Also directs: Bel-Thales Systems Limited, Thales Dis CPL India Private Limited, Guavus Network Systems Private Limited and 5 more | Additional Director | 12 Dec 2025 | 0 Years 10 Months | Current |
| Rajeev Trilokinath Gupta | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Alind Saxena | Additional Director | 22 Sep 2025 | 1 Years 1 Months | Current |
| Gilles Antoine Gaston Bono Also directs: Bel-Thales Systems Limited, Thales Dis CPL India Private Limited, Guavus Network Systems Private Limited and 2 more | Additional Director | 27 Dec 2024 | 1 Years 10 Months | Current |
| Rajkumar Ravindranathan | Director | 31 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
L&T Thales Technology Services Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Drivestream India Private Limited | ₹59.34 Cr (FY 2025) | 1.0% | Kanchipuram, Tamil Nadu, India | |||
| L&T Thales Technology Services Private Limitedthis company | ₹59 Cr (FY 2025) | -₹12.43 Cr | -21.1% | -17.0% | 131 | Sriperumbudur, Tamil Nadu, India |
| Leapwork India Private Limited | ₹58.81 Cr (FY 2024) | 49.0% | New Delhi, Delhi, India | |||
| Linde Global Support Services Private Limited | ₹58.8 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Celestial Systems Private Limited | ₹58.68 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| SSJK Exim Private Limited | ₹58.48 Cr (FY 2022) | 1081.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of L&T Thales Technology Services Private Limited, buy the company report.
Auditor
L&T Thales Technology Services Private Limited is audited by SHARP & TANNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN | FY 2023 | 109982W |
Shareholding
The shareholding of L&T Thales Technology Services 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) | |||||
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To see the full shareholding pattern of L&T Thales Technology Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2019 | 100267417 | Others | ₹15 Lakh | Open | |
| 31 May 2018 | 100185055 | Others | ₹4.7 Lakh | Open | |
| 28 Feb 2018 | 100161929 | Others | ₹10.8 Lakh | Open | |
| 27 Jul 2017 | 100120720 | Others | ₹71,456 | Satisfied |
To see the full charge records of L&T Thales Technology Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
L&T Thales Technology Services Private Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹9.28 Cr; the latest was in June 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Acquisition | Undisclosed | Buyer: L&T Technology Services Limited Seller: Thales Services,SAS |
| Mar 2012 | Funding round | ₹7.54 Cr | Investors: Thales Services,SAS |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Thales Services,SAS Seller: 2 individuals |
| Dec 2006 | Funding round | ₹1.74 Cr | Investors: Thales Services,SAS |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
L&T Thales Technology Services Private Limited has 4 court cases on record: 1 filed by L&T Thales Technology Services, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (TCA) | Filed by the company against Commissioner of Income Tax , Corporate Circle 3 | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Ma Foi Globakl Search Services Ltd | Disposed |
To see the full case history of L&T Thales Technology Services Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
L&T Thales Technology Services Private Limited was last rated by Care on 16 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Mar 2020 |
To see the full credit ratings and regulatory alerts of L&T Thales Technology Services Private Limited, buy the company report.
MSME payment delays
L&T Thales Technology Services Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mass Power Controls Chennai Private Limited | |||
| Eorbitor Technologies Pvt Ltd |
To see the full MSME payment records of L&T Thales Technology Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
L&T Thales Technology Services Private Limited has a workforce of 131 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
L&T Thales Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCT4657M1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L&T Thales Technology Services Private Limited, buy the company report.
Recent activity
L&T Thales Technology Services Private Limited has 30 board changes on record since 2008: 5 appointments and 25 cessations. The latest: Ankur Deepak Kanaglekar was appointed as Additional Director on 12 Dec 2025.
26 earlier events are in the company report.
News
Frequently asked questions
L&T Thales Technology Services is an active private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 April 2006 (20+ years old) and is registered under CIN U72200TN2006PTC059421.
L&T Thales Technology Services has 5 current directors:
- Ankur Deepak Kanaglekar - Additional Director
- Rajeev Trilokinath Gupta - Director
- Alind Saxena - Additional Director
- Gilles Antoine Gaston Bono - Additional Director
- Rajkumar Ravindranathan - Director
The latest financial statements of L&T Thales Technology Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T Thales Technology Services is 33AACCT4657M1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of L&T Thales Technology Services is U72200TN2006PTC059421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L&T Thales Technology Services has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
L&T Thales Technology Services was incorporated on 04 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
L&T Thales Technology Services has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹9.28 Cr; the latest was in June 2014.
The peers of L&T Thales Technology Services by revenue are Drivestream India Private Limited, Leapwork India Private Limited, Linde Global Support Services Private Limited, Celestial Systems Private Limited, SSJK Exim Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Ankur Deepak Kanaglekar was appointed as Additional Director on 12 Dec 2025. Ankur Deepak Kanaglekar ceased to be Director on 12 Dec 2025. Alind Saxena was appointed as Additional Director on 22 Sep 2025. L&T Thales Technology Services has 30 board changes on record in total.
L&T Thales Technology Services has 2 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2022.
L&T Thales Technology Services can be reached through the website ltts.com. Its registered office is in Sriperumbudur, Tamil Nadu, India.
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