- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-09-0000902

About Nikhil IT Solutions Private Limited
Data last updated:
Nikhil IT Solutions Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2016PTC111154. Its GSTIN is 36AAFCN3057Q1ZX (Telangana).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Hari Prasad Challa and Srinivasulu Challa.
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 Secunderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.44 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹20.48 Lakh (net margin 2.8%) and EBITDA of ₹37.75 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
The company is associated with 1 brand: Nikhil IT Solutions. As per MCA filings, the company has open charges of ₹1.95 Cr on record.
Nikhil IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0000902). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikhilitsolutions.com.
Recognitions & Rankings of Nikhil IT Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH.No.1 – 2 – 137 To 154 212 2nd Floor, Minerva Complex Sd Road, Secunderabad, Telangana, India – 500003
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands with Nikhil IT Solutions Private Limited
Nikhil IT Solutions operates one associated brand: Nikhil IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers reliable IT infrastructure solutions for organizations in India. | nikhilitsolutions.com |
Business Activity of Nikhil IT Solutions Private Limited
The main business activity of Nikhil IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Nikhil IT Solutions Private Limited FY 2024 filings available
Nikhil IT Solutions Private Limited reported revenue of ₹7.44 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nikhil IT Solutions Private Limited
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA rose 1% 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 Nikhil IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹37.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.48 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 Nikhil IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Nikhil IT Solutions are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Nikhil IT Solutions Private Limited
Nikhil IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Prasad Challa | Director | 27 Jul 2016 | 10 Years 2 Months | Current |
| Srinivasulu Challa | Director | 27 Jul 2016 | 10 Years 2 Months | Current |
Peer Comparison of Nikhil IT Solutions Private Limited
Nikhil IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uffizio India Software Consultants Private Limited | ₹7.46 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Volon Cyber Security Private Limited | ₹7.45 Cr (FY 2022) | •••• | •••• | 206.0% | •••• | Pune, Maharashtra, India |
| Saivibhuti Consultancy Services Private Limited | ₹7.45 Cr (FY 2021) | •••• | •••• | -57.0% | •••• | Kolkata, West Bengal, India |
| Leaf Casa Enterprises Private Limited | ₹7.44 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Noida, Uttar Pradesh, India |
| Workgen Solutions Private Limited | ₹7.44 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Noida, Uttar Pradesh, India |
| Nikhil IT Solutions Private Limited this company | ₹7.44 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Secunderabad, Telangana, India |
| Rapid Acceleration India Private Limited | ₹7.44 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Constella Intelligence Private Limited | ₹7.43 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Softline Advertising Private Limited | ₹7.43 Cr (FY 2024) | •••• | •••• | 258.0% | •••• | Hyderabad, Telangana, India |
| Sunshine Superfoods Private Limited | ₹7.43 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Jyothinagara, Karnataka, India |
| Simultaneous Geographical Reality Labs Private Limited | ₹7.43 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Nikhil IT Solutions by revenue in the same principal business activity (Other information & communication service activities), 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 Nikhil IT Solutions Private Limited
Nikhil IT Solutions Private Limited is audited by VSMB & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VSMB & ASSOCIATES | 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.
Ownership and Shareholding of Nikhil IT Solutions 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 Nikhil IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2023 | Others | ₹1.8 Cr | Open |
| 25 Apr 2022 | Others | ₹15 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nikhil IT Solutions Private Limited
Nikhil IT Solutions Private Limited has a workforce of 0 employees as of Mar 20, 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 Nikhil IT Solutions Private Limited
Nikhil IT Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Hari Prasad Challa was appointed as Director on 27 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Nikhil IT Solutions 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 Nikhil IT Solutions 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 Nikhil IT Solutions 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 Nikhil IT Solutions Private Limited
Nikhil IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCN3057Q1ZX | Telangana | 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 Nikhil IT Solutions 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 Nikhil IT Solutions Private Limited
Nikhil IT Solutions is an active private limited company based in Secunderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 July 2016 (10+ years old) and is registered under CIN U72900TG2016PTC111154.
Nikhil IT Solutions reported revenue of ₹7.44 Cr for FY 2025 (down 12% YoY).
Nikhil IT Solutions has 2 current directors:
- Hari Prasad Challa - Director
- Srinivasulu Challa - Director
Nikhil IT Solutions reported a net profit of ₹20.48 Lakh (net margin 2.8%) and EBITDA of ₹37.75 Lakh (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nikhil IT Solutions is 44% over three years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nikhil IT Solutions is 36AAFCN3057Q1ZX, registered in Telangana.
The CIN (Corporate Identification Number) of Nikhil IT Solutions is U72900TG2016PTC111154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil IT Solutions was incorporated on 27 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Nikhil IT Solutions by revenue are Uffizio India Software Consultants Private Limited, Volon Cyber Security Private Limited, Saivibhuti Consultancy Services Private Limited, Leaf Casa Enterprises Private Limited, Workgen Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Hari Prasad Challa was appointed as Director on 27 Jul 2016. Srinivasulu Challa was appointed as Director on 27 Jul 2016.
Yes, Nikhil IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0000902).