About Niksath Technologies Private Limited
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Niksath Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 13 September 2022.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2022PTC166612.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Basavala Bhanuprasad and Savithri Nallaballa.
Its last annual general meeting (AGM) was held on 28 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.66 Lakh. For the same year it recorded a net loss of ₹28,375 (net margin -3.3%) and EBITDA of -₹28,257 (EBITDA margin -3.3%).
For more details, the company can be reached via its website niksath.com.
Company details
Contact details
Niksath Technologies Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address8 – 1 – 293/A – 8 Pvr Complex 4th Floor Dwaraka Nagar Shaikpet Road Above Apollo Pharma Dargh, A, Hyderabad, Telangana, India – 500081
- IndustrySoftware, Software Development, Software Publishing
- 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
Business activity
The main business activity of Niksath Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Niksath Technologies Private Limited, buy the company report.
Financials of Niksath Technologies Private Limited
FY 2023 filings availableNiksath Technologies Private Limited reported revenue of ₹8.66 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
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| Other Income | |
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| Total Expenses | |
| EBITDA | -₹28,257 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹28,375 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
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Financial Ratios
| Metrics | FY 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | -3.3% |
| Net Profit Margin | -3.3% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
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To see the full financial statements and ratios of Niksath Technologies Private Limited, buy the company report.
Board of directors of Niksath Technologies Private Limited
Niksath Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavala Bhanuprasad Also directs: Svid Entertainment Private Limited | Director | 13 Sep 2022 | 4 Years 1 Months | Current |
| Savithri Nallaballa Also directs: Ridheex Ownmoney Ardhanlyst LLP | Director | 13 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Niksath Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M&D System Solutions Private Limited | ₹8.67 Lakh (FY 2016) | -17.0% | Madikeri, Karnataka, India | |||
| Algebra Technologies Private Limited | ₹8.67 Lakh (FY 2023) | -16.0% | Vasai West, Maharashtra, India | |||
| Kainoversion ITES Private Limited | ₹8.67 Lakh (FY 2025) | 94.0% | Aundh Pune, Maharashtra, India | |||
| Eben Software Private Limited | ₹8.66 Lakh (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Vaagisha Enterprises Private Limited | ₹8.66 Lakh (FY 2024) | 51.0% | Nizampet Village, Telangana, India | |||
| Niksath Technologies Private Limitedthis company | ₹8.66 Lakh (FY 2023) | -₹28,375 | -3.3% | Hyderabad, Telangana, India | ||
| Arine Power Controllers Private Limited | ₹8.66 Lakh (FY 2018) | -32.0% | Bhubaneswar, Odisha, India | |||
| Athlete Supps Private Limited | ₹8.66 Lakh (FY 2024) | -67.0% | Delhi, India | |||
| Rennervate Solutions Private Limited | ₹8.66 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Navak Technologies (OPC) Private Limited | ₹8.65 Lakh (FY 2021) | 178.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Niksath Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Niksath Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Niksath Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Niksath Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Niksath Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Basavala Bhanuprasad was appointed as Director on 13 Sep 2022.
Frequently asked questions
Niksath Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in software development, within the software industry. It was incorporated on 13 September 2022 (4+ years old) and is registered under CIN U72200TG2022PTC166612.
Niksath Technologies has 2 current directors:
- Basavala Bhanuprasad - Director
- Savithri Nallaballa - Director
The latest financial statements of Niksath Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 December 2023. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Niksath Technologies is U72200TG2022PTC166612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niksath Technologies was incorporated on 13 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Niksath Technologies by revenue are M&D System Solutions Private Limited, Algebra Technologies Private Limited, Kainoversion ITES Private Limited, Eben Software Private Limited, Vaagisha Enterprises Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Basavala Bhanuprasad was appointed as Director on 13 Sep 2022. Savithri Nallaballa was appointed as Director on 13 Sep 2022.
Niksath Technologies can be reached through the website niksath.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Niksath Technologies is at 8 – 1 – 293A – 8 Pvr Complex 4th Floor Dwaraka Nagar Shaikpet Road Above Apollo Pharma Dargh, A, Hyderabad, Telangana, India – 500081.
Niksath Technologies operates in the software industry, in the software development segment.
Niksath Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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