About Novitates Technology Solutions Private Limited
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Novitates Technology Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2018PTC123555. Its GSTIN is 36AAQCA7428K1Z4 (Telangana).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.5 Lakh. It was formerly known as Afzaa Technologies Private Limited. It is led by directors Saneethreddy Sarsani and Krishna Kandarpa Mohan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at HUDA Techno Enclave Plot No.C3 Sector – II Cyber Crown Hitech City Main Road Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.42 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹19.74 Lakh (net margin 2.3%) and EBITDA of ₹43.62 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 115% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹50 Lakh on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8 Lakh; the latest was in January 2023. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Directions Media Private Limited with revenue of ₹8.44 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novitatestech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHUDA Techno Enclave Plot No.C3 Sector – II Cyber Crown Hitech City Main Road Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Novitates Technology Solutions Private Limited
The main business activity of Novitates Technology 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 Novitates Technology Solutions Private Limited FY 2025 filings available
Novitates Technology Solutions Private Limited reported revenue of ₹8.42 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Novitates Technology Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 115% over five years, including 34% growth in the latest year. EBITDA fell 23% 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 Novitates Technology 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 | ₹43.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.74 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 Novitates Technology Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Novitates Technology Solutions are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Novitates Technology Solutions Private Limited
Novitates Technology 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 |
|---|---|---|---|---|---|---|
| Directions Media Private Limited | ₹8.44 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Ernakulam, Kerala, India |
| Module MD Healthcare Solutions Private Limited | ₹8.43 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Intelligent Industrial Internet Systems Private Limited | ₹8.43 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Trackonomy Systems India Private Limited | ₹8.42 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Fides IT Services Private Limited | ₹8.42 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Novitates Technology Solutions Private Limited this company | ₹8.42 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Hyderabad, Telangana, India |
| BTB Digital Private Limited | ₹8.41 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| V Plus Technology Private Limited | ₹8.4 Cr (FY 2023) | •••• | •••• | -83.0% | •••• | Bangalore, Karnataka, India |
| Chemiasoft Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Indoswift Consultancy Services Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Ia Accel Private Limited | ₹8.39 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Novitates Technology 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 Novitates Technology Solutions Private Limited
Novitates Technology Solutions Private Limited is audited by V V L & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V V L & 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.
Board of Directors of Novitates Technology Solutions Private Limited
Novitates Technology Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saneethreddy Sarsani | Director | 03 Feb 2022 | 4 Years 8 Months | Current |
| Krishna Kandarpa Mohan | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Novitates Technology 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 Novitates Technology Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2025 | Others | ₹1.5 Cr | Open |
| 07 May 2024 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Novitates Technology Solutions Private Limited
Novitates Technology Solutions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8 Lakh; the latest was in January 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹8 Lakh | Investors: an individual |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Novitates Technology Solutions Private Limited
Novitates Technology Solutions Private Limited has a workforce of 20 employees as of Apr 01, 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 Novitates Technology Solutions Private Limited
Novitates Technology Solutions Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Saneethreddy Sarsani ceased to be Additional Director on 30 Sep 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Novitates Technology 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 Novitates Technology 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 Novitates Technology 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 Novitates Technology Solutions Private Limited
Novitates Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAQCA7428K1Z4 | Telangana | Active | 25 Jun 2018 |
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 Novitates Technology 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 Novitates Technology Solutions Private Limited
Novitates Technology Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U72200TG2018PTC123555.
Novitates Technology Solutions reported revenue of ₹8.42 Cr for FY 2025 (up 34% YoY).
Novitates Technology Solutions has 2 current directors:
- Saneethreddy Sarsani - Director
- Krishna Kandarpa Mohan - Director
Novitates Technology Solutions reported a net profit of ₹19.74 Lakh (net margin 2.3%) and EBITDA of ₹43.62 Lakh (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novitates Technology Solutions is 63% over three years and 115% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novitates Technology Solutions is 36AAQCA7428K1Z4, registered in Telangana.
The CIN (Corporate Identification Number) of Novitates Technology Solutions is U72200TG2018PTC123555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novitates Technology Solutions was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Novitates Technology Solutions has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8 Lakh; the latest was in January 2023.
The peers of Novitates Technology Solutions by revenue are Directions Media Private Limited, Module MD Healthcare Solutions Private Limited, Intelligent Industrial Internet Systems Private Limited, Trackonomy Systems India Private Limited, Fides IT Services Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Saneethreddy Sarsani ceased to be Additional Director on 30 Sep 2022. Saneethreddy Sarsani was appointed as Director on 03 Feb 2022. Geeta ceased to be Additional Director on 28 Dec 2020. Novitates Technology Solutions has 8 board changes on record in total.