Qsol Softwares Private Limited

Qsol Softwares Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U72200MP2012PTC029110 Incorporated 30 August 2012 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.91 Cr
▲ 13% YoY
Net profit · FY 2024
₹1.42 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹21.52 Lakh
EBITDA margin 4.4%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Open charges
₹2.29 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Qsol Softwares Private Limited

Data last updated:

Qsol Softwares Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 30 August 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2012PTC029110. Its GSTIN is 23AAACQ2906L1ZK (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Mukesh Songirkar and Harleen Sethi Singh.

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 Indore, Madhya Pradesh.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.91 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Lakh (net margin 0.3%) and EBITDA of ₹21.52 Lakh (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.

The company is associated with 1 brand: Qsol Software. As per MCA filings, the company has open charges of ₹2.29 Cr on record. Court records list 1 case involving the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qsolsoft.com.

Company Details of Qsol Softwares Private Limited
CIN U72200MP2012PTC029110
Registration Number 029110
Incorporation Date 30 August 2012
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    109 Pu 3 Sapphire Twins Above Uttam Bhag, 1st Floor Ab Road Opp C 21 Mall, Indore, Madhya Pradesh, India – 452010
  • Industry
    Information Technology, IT Infrastructure Management & Services
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Financials, compliance, directors, charges, ownership and filings for Qsol Softwares Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Qsol Softwares Private Limited

The main business activity of Qsol Softwares is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Qsol Softwares Private Limited FY 2024 filings available

Qsol Softwares Private Limited reported revenue of ₹4.91 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹4.91 Cr ▲ 13%
Net profit · FY 2024
₹1.42 Lakh margin 0.3%
EBITDA · FY 2024
₹21.52 Lakh margin 4.4%

Compounded Annual Growth Rate (CAGR) of Qsol Softwares Private Limited

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 3%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 3%
5 years · compounded
▲ 10%

Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 11% 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 Qsol Softwares Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹21.52 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.42 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 Qsol Softwares Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.4%••••••••••••••••
Net Profit Margin0.3%••••••••••••••••
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 Qsol Softwares 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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Peer Comparison of Qsol Softwares Private Limited

Qsol Softwares Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
P2p Networks Private Limited₹5.07 Cr (FY 2025)••••••••717.0%••••Gurgaon, Haryana, India
Forecom Infratech Systems Private Limited₹5.04 Cr (FY 2025)••••••••43.0%••••Ernakulam, Kerala, India
Datasol Infovision Private Limited₹5.02 Cr (FY 2025)••••••••38.0%••••Panvel, Maharashtra, India
Netspace Infosolutions Private Limited₹5 Cr (FY 2024)••••••••6.0%••••Pune, Maharashtra, India
Fibernet Infrastructure Private Limited₹4.93 Cr (FY 2025)••••••••123.0%••••Patna, Bihar, India
Qsol Softwares Private Limited this company₹4.91 Cr (FY 2024)••••••••13.0%••••Indore, Madhya Pradesh, India
Loopmatrix India Private Limited₹4.9 Cr (FY 2024)••••••••67.0%••••New Delhi, Delhi, India
Zavasi Technologies Private Limited₹4.86 Cr (FY 2024)••••••••-5.0%••••Bangalore, Karnataka, India
Samay Infosolutions Private Limited₹4.83 Cr (FY 2025)••••••••55.0%••••Mumbai, Maharashtra, India
Cymune Cyber Security Services Private Limited₹4.83 Cr (FY 2025)••••••••57.0%••••Hyderabad, Telangana, India
Calibre Network Solutions Private Limited₹4.82 Cr (FY 2025)••••••••14.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Qsol Softwares by revenue in the Information Technology industry (Infrastructure Management), 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 Qsol Softwares Private Limited

Qsol Softwares Private Limited is audited by Mahesh C. Solanki & Co. for the financial year 2021.

NameStatusAppointment DateCessation Date
Mahesh C. Solanki & Co.LockedLockedLocked
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Board of Directors of Qsol Softwares Private Limited

Qsol Softwares has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh SongirkarDirector30 Aug 201214 Years 1 MonthsCurrent
Harleen Sethi SinghDirector30 Aug 201214 Years 1 MonthsCurrent

Ownership and Shareholding of Qsol Softwares Private Limited

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Charges & Borrowings of Qsol Softwares Private Limited

Open charges
₹2.29 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.29 Cr
Hdfc Bank Limited₹1.00 Cr
Latest charge details
DateLenderAmountStatus
23 Jun 2025Others₹1 CrOpen
24 Jun 2022Others₹28.56 LakhOpen
08 Oct 2020Hdfc Bank Limited₹1 CrOpen

Total charge records: 3 View all charges

Associated Brands with Qsol Softwares Private Limited

Qsol Softwares operates one associated brand: Qsol Software. Each brand links to its own profile.

BrandDescriptionWebsite
Offers comprehensive cloud computing, storage, networking, and related services.qsolsoft.com

Employees and EPFO Compliance at Qsol Softwares Private Limited

Employment history and EPFO contributions of people linked to Qsol Softwares.

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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 Qsol Softwares Private Limited

Qsol Softwares Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Harleen Sethi Singh was appointed as Director on 30 Aug 2012.

Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101124052 was registered on 23 Jun 2025.
AGM
Qsol Softwares Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 100.28 Lakh registered on 08 Oct 2020 with Charge ID 100386224 was modified on 09 Aug 2024.
Filing
Qsol Softwares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 28.56 Lakh with Charge ID 100605035 was registered on 24 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.28 Lakh with Charge ID 100386224 was registered on 08 Oct 2020.
Appointed
Harleen Sethi Singh was appointed as Director.
Appointed
Mukesh Songirkar was appointed as Director.
Incorporation
30 Aug 2012
Qsol Softwares Private Limited was registered on 30 Aug 2012 with Roc Gwalior & aged 14 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Qsol Softwares Private Limited

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MSME Payment Delays by Qsol Softwares Private Limited

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Subsidiaries & Group Companies of Qsol Softwares Private Limited

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GST Compliance of Qsol Softwares Private Limited

Qsol Softwares has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
23AAACQ2906L1ZKMadhya PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Qsol Softwares Private Limited

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Frequently Asked Questions about Qsol Softwares Private Limited

Qsol Softwares is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 30 August 2012 (14+ years old) and is registered under CIN U72200MP2012PTC029110.

Qsol Softwares reported revenue of ₹4.91 Cr for FY 2024 (up 13% YoY).

Qsol Softwares has 2 current directors:

Qsol Softwares reported a net profit of ₹1.42 Lakh (net margin 0.3%) and EBITDA of ₹21.52 Lakh (EBITDA margin 4.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Qsol Softwares is 3% over three years and -8% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Qsol Softwares is 23AAACQ2906L1ZK, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Qsol Softwares is U72200MP2012PTC029110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qsol Softwares has 1 court case on record.

Qsol Softwares was incorporated on 30 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Qsol Softwares by revenue are P2p Networks Private Limited, Forecom Infratech Systems Private Limited, Datasol Infovision Private Limited, Netspace Infosolutions Private Limited, Fibernet Infrastructure Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).

Harleen Sethi Singh was appointed as Director on 30 Aug 2012. Mukesh Songirkar was appointed as Director on 30 Aug 2012.

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