About Qsync Software Private Limited
Data last updated:
Qsync Software Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 11 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC099105. Its GSTIN is 29AAACQ4547R1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarojamma and Manchegowda.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 12 Second Floor Ysr Mansion Ambalipura Bellandur, Bengaluru, Karnataka, India – 560103.
As per the financials filed for FY 2023, the company reported a revenue of ₹41.1 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 8.3%) and EBITDA of ₹5.12 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 14% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QSync Software.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qsync.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 12 Second Floor Ysr Mansion Ambalipura Bellandur, Bengaluru, Karnataka, India – 560103
- IndustryInformation Technology, Other Computer Related Activities
- 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
Associated Brands with Qsync Software Private Limited
Qsync Software operates one associated brand: QSync Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting, staffing, development, and training services in Bengaluru. | qsync.in |
Business Activity of Qsync Software Private Limited
The main business activity of Qsync Software 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.
Board of Directors of Qsync Software Private Limited
Qsync Software has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarojamma | Director | 05 Jun 2019 | 7 Years 4 Months | Current |
| Manchegowda | Director | 05 Mar 2021 | 5 Years 7 Months | Current |
Financials of Qsync Software Private Limited FY 2023 filings available
Qsync Software Private Limited reported revenue of ₹41.1 Lakh (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Qsync Software Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 37% growth in the latest year. EBITDA rose 335% 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 Qsync Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹5.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.4 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 Qsync Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| 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 Qsync Software are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Qsync Software 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 Qsync Software Private Limited
Qsync Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qsync Software Private Limited
Qsync Software Private Limited has a workforce of 3 employees as of Mar 28, 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.
GST Compliance of Qsync Software Private Limited
Qsync Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ4547R1ZN | Karnataka | Active | 13 Dec 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.
Credit Ratings, Litigation & Regulatory Alerts for Qsync Software 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 Qsync Software 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 Qsync Software 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.
MCA Filings & Documents of Qsync Software 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.
Recent Activity on Qsync Software Private Limited
Frequently Asked Questions about Qsync Software Private Limited
Qsync Software is an active private limited company based in Bengaluru, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U72900KA2017PTC099105.
Qsync Software reported revenue of ₹41.1 Lakh for FY 2023 (up 37% YoY).
Qsync Software has 2 current directors:
- Sarojamma - Director
- Manchegowda - Director
Qsync Software reported a net profit of ₹3.4 Lakh (net margin 8.3%) and EBITDA of ₹5.12 Lakh (EBITDA margin 12.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qsync Software is 5% over three years and 14% over five years. In the latest year (FY 2023) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Qsync Software is 29AAACQ4547R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Qsync Software is U72900KA2017PTC099105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qsync Software was incorporated on 11 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Qsync Software can be reached through the website qsync.in. Its registered office is in Bengaluru, Karnataka, India.