About QSG Technologies Private Limited
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QSG Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 12 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2005PTC037919. Its GSTIN is 29AAACQ1321M1ZF (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Prathibha Prakash and Prakash Nayak.
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 Unit No: S – 505 World Trade Centre Dr. Rajkumar Road Malleshwaram West, Bengaluru, Karnataka, India – 560055.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.28 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 9.2%) and EBITDA of ₹2.55 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹78 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qsgsoft.com.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No: S – 505 World Trade Centre Dr. Rajkumar Road Malleshwaram West, Bengaluru, Karnataka, India – 560055
- IndustryInformation Technology, Software Development & 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
Business Activity of QSG Technologies Private Limited
The main business activity of QSG Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 QSG Technologies Private Limited FY 2024 filings available
QSG Technologies Private Limited reported revenue of ₹18.28 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of QSG Technologies Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 38% 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 QSG Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.68 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 QSG Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.2% | •••• | •••• | •••• | •••• |
| 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 QSG Technologies are in the company report.
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.
Peer Comparison of QSG Technologies Private Limited
QSG Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Honestattva IT Solutions Private Limited | ₹18.49 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | City Ahmedabad, Gujarat, India |
| Zapare Technologies Private Limited | ₹18.35 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Thrissur, Kerala, India |
| Vero India Software Private Limited | ₹18.34 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Pune, Maharashtra, India |
| Eficens Software Services Private Limited | ₹18.29 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Rangareddy, Telangana, India |
| Objectone Information Systems Limited Listed | ₹18.29 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| QSG Technologies Private Limited this company | ₹18.28 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Bengaluru, Karnataka, India |
| Techintelli Solutions Private Limited | ₹18.28 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Technosys Services Private Limited | ₹18.11 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Volksoft Consulting Private Limited | ₹18.11 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Secunderabad, Telangana, India |
| Ignitiv Technologies Private Limited | ₹18.11 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Pune, Maharashtra, India |
| Duluth Software Services Private Limited | ₹18 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below QSG Technologies by revenue in the Information Technology industry (Software Services), 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 QSG Technologies Private Limited
QSG Technologies Private Limited is audited by MANNAM & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANNAM & 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 QSG Technologies Private Limited
QSG Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prathibha Prakash | Director | 12 Dec 2005 | 20 Years 9 Months | Current |
| Prakash Nayak Also directs: QSG Techlabs Private Limited | Director | 12 Dec 2005 | 20 Years 9 Months | Current |
Ownership and Shareholding of QSG Technologies 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 QSG Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2013 | Allahabad Bank | ₹25 Lakh | Satisfied |
| 27 Mar 2007 | Allahabad Bank Tuskartown Branch | ₹53 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at QSG Technologies Private Limited
Employment history and EPFO contributions of people linked to QSG Technologies.
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 QSG Technologies Private Limited
QSG Technologies Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Prakash Nayak was appointed as Director on 12 Dec 2005.
Credit Ratings, Litigation & Regulatory Alerts for QSG Technologies 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 QSG Technologies 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 QSG Technologies 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 QSG Technologies Private Limited
QSG Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ1321M1ZF | Karnataka | 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 QSG Technologies 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 QSG Technologies Private Limited
QSG Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 12 December 2005 (21+ years old) and is registered under CIN U72300KA2005PTC037919.
QSG Technologies reported revenue of ₹18.28 Cr for FY 2024 (down 2% YoY).
QSG Technologies has 2 current directors:
- Prathibha Prakash - Director
- Prakash Nayak - Director
QSG Technologies reported a net profit of ₹1.68 Cr (net margin 9.2%) and EBITDA of ₹2.55 Cr (EBITDA margin 14%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of QSG Technologies is 10% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of QSG Technologies is 29AAACQ1321M1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of QSG Technologies is U72300KA2005PTC037919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
QSG Technologies was incorporated on 12 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of QSG Technologies by revenue are Honestattva IT Solutions Private Limited, Zapare Technologies Private Limited, Vero India Software Private Limited, Eficens Software Services Private Limited, Objectone Information Systems Limited and 5 more, all in the Information Technology industry (Software Services).
Prakash Nayak was appointed as Director on 12 Dec 2005. Prathibha Prakash was appointed as Director on 12 Dec 2005.
QSG Technologies can be reached through the website qsgsoft.com. Its registered office is in Bengaluru, Karnataka, India.