Need Soft Technologies Private Limited

Need Soft Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72200TG2009PTC064070 Incorporated 19 June 2009 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2022
₹1.54 Cr
▲ 42% YoY
Net profit · FY 2022
₹4.09 Lakh
Net margin 2.7%
EBITDA · FY 2022
₹20.77 Lakh
EBITDA margin 13.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.44 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Need Soft Technologies Private Limited

Data last updated:

Need Soft Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 June 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2009PTC064070. Its GSTIN is 36AADCN4277G2ZB (Telangana). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Suguru Shailaja and Janaki Polepalli.

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 Plot No 58 Road No 1 Snehapuri Colony Saroornagar, Hyderabad, Telangana, India – 500035.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.54 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹4.09 Lakh (net margin 2.7%) and EBITDA of ₹20.77 Lakh (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 13% over five years.

The company is associated with 1 brand: Needsoft Technologies. As per MCA filings, the company has open charges of ₹2.44 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 8 cases are pending.

Need Soft Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0011389). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website needsofttechnologies.com.

Company details

CIN U72200TG2009PTC064070
Registration Number 064070
Incorporation Date 19 June 2009
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0011389

CIN history

Need Soft Technologies has one previous CIN (Corporate Identification Number): U72200AP2009PTC064070. The current CIN is U72200TG2009PTC064070, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TG2009PTC064070Current
U72200AP2009PTC064070Previous

Recognitions & Rankings of Need Soft Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TS-02-0011389

Contact details

Need Soft Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is needsofttechnologies.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No 58 Road No 1 Snehapuri Colony Saroornagar, Hyderabad, Telangana, India – 500035
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Need Soft Technologies Private Limited, buy the company report.

Comprehensive company report
Need Soft Technologies Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Need Soft Technologies operates one associated brand: Needsoft Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Offers software, GPS vehicle tracking, GIS, and drone survey services to businesses.needsofttechnologies.com

Business activity

The main business activity of Need Soft Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Need Soft Technologies Private Limited, buy the company report.

Financials of Need Soft Technologies Private Limited

FY 2022 filings available

Need Soft Technologies Private Limited reported revenue of ₹1.54 Cr (up 42% YoY) for FY 2022.

Revenue · FY 2022
₹1.54 Cr ▲ 42%
Net profit · FY 2022
₹4.09 Lakh margin 2.7%
EBITDA · FY 2022
₹20.77 Lakh margin 13.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 31%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 38%
5 years · compounded
▲ 84%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 42% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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₹20.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.09 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin13.5%
Net Profit Margin2.7%
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

To see the full financial statements and ratios of Need Soft Technologies Private Limited, buy the company report.

Board of directors of Need Soft Technologies Private Limited

Need Soft Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suguru ShailajaDirector01 Jun 201214 Years 4 MonthsCurrent
Janaki PolepalliDirector19 Jun 200917 Years 4 MonthsCurrent
Pranathi GummalaDirector14 Aug 20215 Years 2 MonthsCurrent

Peer comparison

Need Soft Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Supteam Portup Private Limited₹1.54 Cr (FY 2024)Jaipur, Rajasthan, India
SRS Valutech Systems Private Limited₹1.54 Cr (FY 2025)0.0%Indore, Madhya Pradesh, India
Parashuram Packall Private Limited₹1.54 Cr (FY 2017)15.0%Pune, Maharashtra, India
Pushpanjali Digital & Infra Concepts Private Limited₹1.54 Cr (FY 2018)-13.0%Lucknow, Uttar Pradesh, India
Things of India (OPC) Private Limited₹1.54 Cr (FY 2025)254.0%Kota, Rajasthan, India
Need Soft Technologies Private Limitedthis company₹1.54 Cr (FY 2022)₹4.09 Lakh2.7%42.0%Hyderabad, Telangana, India
Deepvue Technologies Private Limited₹1.54 Cr (FY 2025)260.0%New Delhi, Delhi, India
Citrus Ink Studios Private Limited₹1.54 Cr (FY 2025)-79.0%New Delhi, Delhi, India
ZN Tech Solutions Private Limited₹1.54 Cr (FY 2025)-84.0%Bangalore, Karnataka, India
Wordcraft Media Private Limited₹1.54 Cr (FY 2025)-42.0%Kolkata, West Bengal, India
Enable IT Solutions Private Limited₹1.54 Cr (FY 2024)59.0%Nagpur, Maharashtra, India

To see the full peer comparison of Need Soft Technologies Private Limited, buy the company report.

Auditor

Need Soft Technologies Private Limited is audited by B LAVAN & Associates for the financial year 2021.

Auditor firmFinancial yearFirm registration number
B LAVAN & AssociatesFY 2021019289S

Shareholding

The shareholding of Need Soft Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Need Soft Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.44 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2022100693300Others₹2.44 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Need Soft Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Need Soft Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
36AADCN4277G2ZBTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Need Soft Technologies Private Limited, buy the company report.

Recent activity

Need Soft Technologies Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Pranathi Gummala ceased to be Additional Director on 30 Nov 2021.

Charges
A charge with Others amounted to Rs. 244.00 Lakh with Charge ID 100693300 was registered on 30 Nov 2022.
AGM
Need Soft Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Need Soft Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
Ceased
Pranathi Gummala ceased to be Additional Director.
Appointed
Pranathi Gummala was appointed as Director.
Ceased
Raghuvardhan Reddy Kothakota ceased to be Director.
Appointed
Suguru Shailaja was appointed as Director.
Appointed
Janaki Polepalli was appointed as Director.
Incorporation
19 Jun 2009
Need Soft Technologies Private Limited was registered on 19 Jun 2009 with Roc Hyderabad & aged 17 years 4 months as per MCA records.

Frequently asked questions

Need Soft Technologies 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 19 June 2009 (17+ years old) and is registered under CIN U72200TG2009PTC064070.

Need Soft Technologies has 3 current directors:

The latest financial statements of Need Soft Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Need Soft Technologies is 36AADCN4277G2ZB, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Need Soft Technologies is U72200TG2009PTC064070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Need Soft Technologies has 11 court cases on record: 11 filed against it. 8 are pending. Most are in the district courts.

Need Soft Technologies was incorporated on 19 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Need Soft Technologies by revenue are Supteam Portup Private Limited, SRS Valutech Systems Private Limited, Parashuram Packall Private Limited, Pushpanjali Digital & Infra Concepts Private Limited, Things of India (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Pranathi Gummala ceased to be Additional Director on 30 Nov 2021. Pranathi Gummala was appointed as Director on 14 Aug 2021. Raghuvardhan Reddy Kothakota ceased to be Director on 02 Jul 2012. Need Soft Technologies has 5 board changes on record in total.

Yes, Need Soft Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0011389).

Need Soft Technologies can be reached through the website needsofttechnologies.com. Its registered office is in Hyderabad, Telangana, India.