Hurun India Rich List 2026 edition · 1 director
- #519 Y.Muralidhar ₹6,700 Cr
Revenue · FY 2025
₹74.39 Cr
▲ 29% YoY
Net profit · FY 2025
₹2.61 Cr
Net margin 3.5%
EBITDA · FY 2025
₹4.6 Cr
EBITDA margin 6.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
674
Provident fund records
Directors on board
4
As per MCA filings
About Ovation Services Private Limited
Data last updated:
Ovation Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 18 March 2015 and has been in existence for over 11 years.
Its director Y.Muralidhar is #519 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC098104. Its GSTIN is 36AACCO1247L1ZD (Telangana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anand Yadama and Yadama Kirthi Krishna.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.39 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 3.5%) and EBITDA of ₹4.6 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.
The company has about 674 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in July 2018. Its 10 peer companies in the Engineering industry (Engineering Design) are compared by revenue, 5 larger and 5 smaller; the largest is VK Design and Projects Private Limited with revenue of ₹76.89 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 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 4ovation.com.
Company Details of Ovation Services Private Limited
CIN U72200TG2015PTC098104
Registration Number 098104
Incorporation Date 18 March 2015
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Ovation Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 30/C (Sy. No. 83/1) Orbit Building 7th Floor Unit 0701, Tower 1 Knowledge City Tsiic Raidurg Ranga Reddy Dist., Hyderabad, Telangana, India – 500081
- IndustryEngineering, Engineering Design & Consultancy
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Business Activity of Ovation Services Private Limited
The main business activity of Ovation Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ovation Services Private Limited FY 2025 filings available
Ovation Services Private Limited reported revenue of ₹74.39 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹74.39 Cr ▲ 29%
Net profit · FY 2025
₹2.61 Cr margin 3.5%
EBITDA · FY 2025
₹4.6 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR) of Ovation Services Private Limited
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 22%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 136%
3 years · compounded
▲ 29%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 29% growth in the latest year. EBITDA rose 136% 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 Ovation Services 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 | ₹4.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.61 Cr | •••• | •••• | •••• | •••• |
| 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 Ovation Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Ovation Services are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ovation Services Private Limited
Ovation Services has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Yadama Also directs: Technet Engineering Services Private Limited | Director | 18 Mar 2015 | 11 Years 7 Months | Current |
| Yadama Kirthi Krishna Also directs: Myk Arment India Private Limited, Myk Fuma Private Limited, Myk Industries Private Limited and 5 more | Director | 26 Feb 2016 | 10 Years 7 Months | Current |
| Theodore George Hulsman | Director | 26 Feb 2016 | 10 Years 7 Months | Current |
| Yadama Muralidhar Also directs: 3F Oil Palm Private Limited, Myk Arment India Private Limited, Myk Fuma Private Limited and 5 more | Director | 18 Mar 2015 | 11 Years 7 Months | Current |
Peer Comparison of Ovation Services Private Limited
Ovation Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VK Design and Projects Private Limited | ₹76.89 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Mccoy Architectural Systems Private Limited | ₹75.92 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Assystem India Limited | ₹75.9 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Thane, Maharashtra, India |
| Sphinx Worldbiz Limited | ₹75.82 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| India Impex Logistics Private Limited | ₹74.53 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Chennai, Tamil Nadu, India |
| Ovation Services Private Limited this company | ₹74.39 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Hyderabad, Telangana, India |
| Phinity Developers Private Limited | ₹74.39 Cr (FY 2025) | •••• | •••• | 2328.0% | •••• | Pune, Maharashtra, India |
| Autoform Engineering India Private Limited | ₹73.91 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Ilensys Technologies Private Limited | ₹73.7 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Sikraft Infotech Private Limited | ₹73.66 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Amadeus Design Studio Private Limited | ₹72.67 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ovation Services by revenue in the Engineering industry (Engineering Design), 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 Ovation Services Private Limited
Ovation Services Private Limited is audited by C.RAMACHANDRAM & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.RAMACHANDRAM & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ovation Services Private Limited
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Charges & Borrowings of Ovation Services Private Limited
Ovation Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Ovation Services Private Limited
Ovation Services Private Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2018.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ovation Services Private Limited
Ovation Services Private Limited has 4 court cases on record: 4 filed by Ovation Services. 3 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
4
Filed by the company
4
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Nagsa Business Centre Private Limited | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Disposed |
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Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
MSME Payment Delays by Ovation Services Private Limited
Ovation Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 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 |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Acr Comfort Systems Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ovation Services Private Limited
Ovation Services Private Limited has a workforce of 674 employees as of Jan 02, 2026.
Employee count
674
Active EPFO establishments
1
Employee growth
11.4%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ovation Services Private Limited
Ovation Services Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Theodore George Hulsman was appointed as Director on 26 Feb 2016.
AGM
Ovation Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ovation Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Theodore George Hulsman was appointed as Director.
Appointed
Yadama Kirthi Krishna was appointed as Director.
Appointed
Anand Yadama was appointed as Director.
Appointed
Yadama Muralidhar was appointed as Director.
Incorporation
18 Mar 2015
Ovation Services Private Limited was registered on 18 Mar 2015 with Roc Hyderabad & aged 11 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ovation Services Private Limited
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Subsidiaries & Group Companies of Ovation Services Private Limited
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GST Compliance of Ovation Services Private Limited
Ovation Services has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCO1247L1ZD | Telangana | Active | 01 Jul 2017 |
| 33AACCO1247L1ZJ | Tamil Nadu | Active | 18 Jul 2017 |
| 37AACCO1247L1ZB | Andhra Pradesh | Active | 02 Sep 2017 |
| 27AACCO1247L1ZC | Maharashtra | Active | 12 Feb 2024 |
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GST registrations and filing compliance
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MCA Filings & Documents of Ovation Services Private Limited
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Frequently Asked Questions about Ovation Services Private Limited
Ovation Services is an active private limited company based in Hyderabad, Telangana, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 18 March 2015 (11+ years old) and is registered under CIN U72200TG2015PTC098104.
Ovation Services reported revenue of ₹74.39 Cr for FY 2025 (up 29% YoY).
Ovation Services has 4 current directors:
- Anand Yadama - Director
- Yadama Kirthi Krishna - Director
- Theodore George Hulsman - Director
- Yadama Muralidhar - Director
Ovation Services reported a net profit of ₹2.61 Cr (net margin 3.5%) and EBITDA of ₹4.6 Cr (EBITDA margin 6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ovation Services is 22% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ovation Services is 36AACCO1247L1ZD, registered in Telangana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AACCO1247L1ZJ (Tamil Nadu), 37AACCO1247L1ZB (Andhra Pradesh), 27AACCO1247L1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Ovation Services is U72200TG2015PTC098104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ovation Services has 4 court cases on record: 4 filed by the company. 3 are pending.
Ovation Services was incorporated on 18 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ovation Services has 1 deal on record (1 secondary share transfer); the latest was in July 2018.
The peers of Ovation Services by revenue are VK Design and Projects Private Limited, Mccoy Architectural Systems Private Limited, Assystem India Limited, Sphinx Worldbiz Limited, India Impex Logistics Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Theodore George Hulsman was appointed as Director on 26 Feb 2016. Yadama Kirthi Krishna was appointed as Director on 26 Feb 2016. Anand Yadama was appointed as Director on 18 Mar 2015. Ovation Services has 4 board changes on record in total.