About QT India Technology Private Limited
Data last updated:
QT India Technology Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Qt Company Oy. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC124986. Its GSTIN is 29AAACQ6160G1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Thilak Kumar Ramanna and Mika Tapio Palsi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.77 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 9.8%) and EBITDA of ₹2.05 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Qt Group.
For more details, the company can be reached via its website qt.io.
Company details
Contact details
QT India Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is qt.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1592 7 Cross Mcechs Layout Phase 2, Dr. Shivaram Karanth Nagar, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of QT India Technology Private Limited, buy the company report.
- 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
Business activity
The main business activity of QT India Technology is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of QT India Technology Private Limited, buy the company report.
Financials of QT India Technology Private Limited
FY 2025 filings availableQT India Technology Private Limited reported revenue of ₹14.77 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over three years, including 33% growth in the latest year. EBITDA rose 33% 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
| 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 | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.44 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 9.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of QT India Technology Private Limited, buy the company report.
Board of directors of QT India Technology Private Limited
QT India Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thilak Kumar Ramanna | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
| Mika Tapio Palsi | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
QT India Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| ZR Renewable Energy Limited | ₹15.06 Cr (FY 2024) | 17.0% | Hyderabad, Telangana, India | |||
| SKH Management Services Private Limited | ₹14.94 Cr (FY 2024) | -67.0% | Gurgaon, Haryana, India | |||
| Katalyst Advisors Private Limited | ₹14.93 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Masters India IT Solutions Private Limited | ₹14.87 Cr (FY 2025) | 23.0% | Delhi, India | |||
| Vishvapradhan Commercial Private Limited | ₹14.8 Cr (FY 2025) | -84.0% | Gurgaon, Haryana, India | |||
| QT India Technology Private Limitedthis company | ₹14.77 Cr (FY 2025) | ₹1.44 Cr | 9.8% | 33.0% | 19 | Bangalore, Karnataka, India |
| Grubbrr Systems (India) Private Limited | ₹14.74 Cr (FY 2025) | 7.0% | Andheri, Mumbai, Maharashtra, India | |||
| Schuck India Private Limited | ₹14.72 Cr (FY 2025) | -31.0% | Hyderabad, Telangana, India | |||
| Remote Community Private Limited | ₹14.71 Cr (FY 2024) | 93.0% | Bangalore, Karnataka, India | |||
| Idam Infrastructure Advisory Private Limited | ₹14.56 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Innoterra India Private Limited | ₹14.52 Cr (FY 2024) | -22.0% | Thane, Maharashtra, India |
To see the full peer comparison of QT India Technology Private Limited, buy the company report.
Auditor
QT India Technology Private Limited is audited by VISHNU DAYA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU DAYA & CO LLP | FY 2023 | 008456S |
Shareholding
The shareholding of QT India Technology Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of QT India Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving QT India Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for QT India Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
QT India Technology Private Limited has a workforce of 19 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
QT India Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ6160G1ZD | Karnataka | Active | 10 Nov 2020 |
To see the full GST registrations and return filing status of QT India Technology Private Limited, buy the company report.
Recent activity
QT India Technology Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mika Tapio Palsi was appointed as Director on 06 Jun 2019.
News
Frequently asked questions
QT India Technology is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U72900KA2019FTC124986.
QT India Technology has 2 current directors:
- Thilak Kumar Ramanna - Director
- Mika Tapio Palsi - Director
The latest financial statements of QT India Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of QT India Technology is 29AAACQ6160G1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of QT India Technology is U72900KA2019FTC124986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
QT India Technology was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of QT India Technology by revenue are ZR Renewable Energy Limited, SKH Management Services Private Limited, Katalyst Advisors Private Limited, Masters India IT Solutions Private Limited, Vishvapradhan Commercial Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Mika Tapio Palsi was appointed as Director on 06 Jun 2019. Thilak Kumar Ramanna was appointed as Director on 06 Jun 2019.
QT India Technology can be reached through the website qt.io. Its registered office is in Bangalore, Karnataka, India.
The registered office of QT India Technology is at 1592 7 Cross Mcechs Layout Phase 2, Dr. Shivaram Karanth Nagar, Bangalore, Karnataka, India – 560064.
QT India Technology operates in the information technology industry, in the application development and software solutions segment.