MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-02-0037908
Pennant Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹153.03 Cr
▲ 49% YoY
Net profit · FY 2025
₹47.48 Cr
Net margin 31%
EBITDA · FY 2025
₹54.99 Cr
EBITDA margin 35.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.89 Cr
Issued & subscribed
Open charges
₹12.2 Cr
Satisfied ₹12.2 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
401
Provident fund records
About Pennant Technologies Private Limited
Data last updated:
Pennant 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 21 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U68200TG2005PTC048119. Its GSTIN is 36AADCP9525F2ZA (Telangana). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.89 Cr. It is led by directors including Venkata Satya Pradeep Kumar Varma Penmetsa (Managing Director) and Ramakrishna Raju Eepuri.
Its last annual general meeting (AGM) was held on 04 July 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 ₹153.03 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹47.48 Cr (net margin 31%) and EBITDA of ₹54.99 Cr (EBITDA margin 35.9%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 28% over five years.
The company has about 401 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pennant Technologies. As per MCA filings, the company has open charges of ₹12.2 Cr and satisfied charges of ₹12.2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹153.76 Cr; the latest was in March 2024. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Bankai Infotech Limited with revenue of ₹158.68 Cr.
Pennant Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0037908). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pennanttech.com.
Company Details of Pennant Technologies Private Limited
CIN U68200TG2005PTC048119
Registration Number 048119
Incorporation Date 21 November 2005
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0037908
CIN History of Pennant Technologies Private Limited
Pennant Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68200TG2005PTC048119, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200TG2005PTC048119 | Current |
| U72200TG2005PTC048119 | Previous |
| U72200AP2005PTC048119 | Previous |
Key People
Venkata Satya Pradeep Kumar Varma Penmetsa Managing Director Ramakrishna Raju Eepuri Director Anurag Krishan Chottani Nominee Director Recognitions & Rankings of Pennant Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCyber Gateway Block B Level 1 Wing 2 L&T Infocity Hitec City, Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Pennant 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Pennant Technologies Private Limited
Pennant Technologies operates one associated brand: Pennant Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cloud-based lending platform is provided for financial institutions. | pennanttech.com |
Business Activity of Pennant Technologies Private Limited
The main business activities of Pennant Technologies are information and communication and real estate. In detail, this covers other information & communication service activities and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| 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 |
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Premium access
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 Pennant Technologies Private Limited FY 2025 filings available
Pennant Technologies Private Limited reported revenue of ₹153.03 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹153.03 Cr ▲ 49%
Net profit · FY 2025
₹47.48 Cr margin 31%
EBITDA · FY 2025
₹54.99 Cr margin 35.9%
Compounded Annual Growth Rate (CAGR) of Pennant Technologies Private Limited
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 43%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 54%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 49% growth in the latest year. EBITDA rose 81% 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 Pennant Technologies 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 | ₹153.03 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹54.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.48 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 Pennant Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31% | •••• | •••• | •••• | •••• |
| 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 Pennant Technologies are in the company report.
Premium access
Financial statements from 2015
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 Pennant Technologies Private Limited
Pennant Technologies has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Raju Eepuri Also directs: Pennant Projects LLP, Pennant Ventures Private Limited | Director | 21 Nov 2005 | 20 Years 11 Months | Current |
| Venkata Satya Pradeep Kumar Varma Penmetsa Also directs: Pennant Ventures Private Limited | Managing Director | 21 Nov 2005 | 20 Years 11 Months | Current |
| Anurag Krishan Chottani Also directs: Bajaj Finserv Direct Limited, Snapwork Technologies Private Limited, Snapwork Technologies Private Limited and 1 more | Nominee Director | 30 Mar 2024 | 2 Years 6 Months | Current |
| Mudit Mehrish | Nominee Director | 30 Mar 2024 | 2 Years 6 Months | Current |
| Patnaik Sireesh | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
Peer Comparison of Pennant Technologies Private Limited
Pennant Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bankai Infotech Limited | ₹158.68 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Moneymitra IT Solutions Private Limited | ₹158.22 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Gurugram, Haryana, India |
| Indian Institute of Banking and Finance | ₹157.11 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Sugmya Finance Private Limited | ₹155.04 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| SRG Housing Finance Limited Listed | ₹154.55 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Udaipur, Rajasthan, India |
| Pennant Technologies Private Limited this company | ₹153.03 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Hyderabad, Telangana, India |
| Rupeek Fintech Private Limited | ₹151.92 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| One Sigma Technologies Private Limited | ₹149.76 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| Sri Harihareshwara Finance and Investments Private Limited | ₹148.64 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| India Factoring and Finance Solutions Private Limited | ₹147.78 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Ikf Home Finance Limited | ₹147.73 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Vijayawada, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Pennant Technologies by revenue in the Ecommerce and Internet industry (Finance), 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 Pennant Technologies Private Limited
Pennant Technologies Private Limited is audited by Jayant & Sadashiv for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jayant & Sadashiv | Locked | Locked | Locked |
Premium access
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 Pennant Technologies Private Limited
Premium access
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 Pennant Technologies Private Limited
Open charges
₹12.2 Cr
Satisfied charges
₹12.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2022 | Others | ₹12.2 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Pennant Technologies Private Limited
Pennant Technologies Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹153.76 Cr; the latest was in March 2024.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹153.76 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Bajaj Finance Limited Seller: 4 individuals |
| Jan 2024 | Funding round | ₹153.72 Cr | Investors: Bajaj Finance Limited |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Premium access
Full deal history
All 7 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.
Legal Cases of Pennant Technologies Private Limited
Pennant Technologies Private Limited has 1 court case on record: 1 filed by Pennant Technologies. All case is disposed. Status as checked on 02 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against Keetech Software Solutions Private Limited | Disposed |
Premium access
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pennant Technologies Private Limited
Pennant Technologies Private Limited has a workforce of 401 employees as of Oct 08, 2025.
Employee count
401
Active EPFO establishments
2
Employee growth
27.3%
Premium access
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 Pennant Technologies Private Limited
Pennant Technologies Private Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Anurag Krishan Chottani was appointed as Nominee Director on 30 Mar 2024.
AGM
Pennant Technologies Private Limited last Annual general meeting of members was held on 04 Jul 2025 as per latest MCA records.
Filing
Pennant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge registered on 20 Jan 2022 via Charge ID 100531368 with Others was fully satisfied on 25 Feb 2025.
Appointed
Anurag Krishan Chottani was appointed as Nominee Director.
Appointed
Mudit Mehrish was appointed as Nominee Director.
Appointed
Patnaik Sireesh was appointed as Director.
Ceased
Venkata Satya Pradeep Kumar Varma Penmetsa ceased to be Director.
Charges
A charge with Others amounted to Rs. 12.20 Cr with Charge ID 100531368 was registered on 20 Jan 2022.
Appointed
Ramakrishna Raju Eepuri was appointed as Director.
Appointed
Venkata Satya Pradeep Kumar Varma Penmetsa was appointed as Managing Director.
Incorporation
21 Nov 2005
Pennant Technologies Private Limited was registered on 21 Nov 2005 with Roc Hyderabad & aged 20 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Pennant Technologies Private Limited
Premium access
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 Pennant Technologies Private Limited
Premium access
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 Pennant Technologies Private Limited
Premium access
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 Pennant Technologies Private Limited
Pennant Technologies has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCP9525F2ZA | Telangana | Active | 01 Jul 2017 |
| 36AADCP9525F3Z9 | Telangana | Active | 01 Aug 2017 |
| 36AADCP9525F4Z8 | Telangana | Active | 01 Nov 2025 |
| 37AADCP9525F1Z9 | Andhra Pradesh | Active | 16 May 2019 |
Premium access
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 Pennant Technologies Private Limited
Premium access
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.
Related news about Pennant Technologies Private Limited
Frequently Asked Questions about Pennant Technologies Private Limited
Pennant 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 21 November 2005 (21+ years old) and is registered under CIN U68200TG2005PTC048119.
Pennant Technologies reported revenue of ₹153.03 Cr for FY 2025 (up 49% YoY).
Pennant Technologies has 5 current directors:
- Venkata Satya Pradeep Kumar Varma Penmetsa - Managing Director
- Ramakrishna Raju Eepuri - Director
- Anurag Krishan Chottani - Nominee Director
- Mudit Mehrish - Nominee Director
- Patnaik Sireesh - Director
Pennant Technologies reported a net profit of ₹47.48 Cr (net margin 31%) and EBITDA of ₹54.99 Cr (EBITDA margin 35.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pennant Technologies is 43% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pennant Technologies is 36AADCP9525F2ZA, registered in Telangana. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 36AADCP9525F3Z9 (Telangana), 36AADCP9525F4Z8 (Telangana), 37AADCP9525F1Z9 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Pennant Technologies is U68200TG2005PTC048119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pennant Technologies has 1 court case on record: 1 filed by the company.
Pennant Technologies was incorporated on 21 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Pennant Technologies has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹153.76 Cr; the latest was in March 2024.
The peers of Pennant Technologies by revenue are Bankai Infotech Limited, Moneymitra IT Solutions Private Limited, Indian Institute of Banking and Finance, Sugmya Finance Private Limited, SRG Housing Finance Limited and 5 more, all in the Ecommerce and Internet industry (Finance).