About Qtech Software Private Limited
Data last updated:
Qtech Software Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions 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), Mumbai, under CIN U72200MH2005PTC157988.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors Paresh Kantilal Parihar and Vandana Paresh Parihar.
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 402 Atlanta Centre Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.2 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹76.26 Lakh (net margin 3.4%) and EBITDA of ₹1.39 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 9% over five years.
The company has about 114 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Qtech Software and rePUSHTI. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹5.33 Cr 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 qtechsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address402 Atlanta Centre Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Qtech Software Private Limited
The main business activity of Qtech Software is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Qtech Software Private Limited FY 2024 filings available
Qtech Software Private Limited reported revenue of ₹22.2 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Qtech Software Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 57% 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 Qtech Software 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76.26 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 Qtech Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 Qtech Software 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 Qtech Software Private Limited
Qtech Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sodel Software Solutions Private Limited | •••• | •••• | •••• | •••• | 87 | Navi Mumbai, Maharashtra, India |
| Tetra Soft (India) Private Limited | •••• | •••• | •••• | •••• | 55 | Shaikpet, Telangana, India |
| Riverstone Infotech Private Limited | •••• | •••• | •••• | •••• | - | Chennai-50., Tamil Nadu, India |
| Sakri IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Wonderbiz Technologies Private Limited | •••• | •••• | •••• | •••• | 87 | Thane, Maharashtra, India |
| Qtech Software Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dataguise India Private Limited | •••• | •••• | •••• | •••• | 56 | New Delhi, Delhi, India |
| Trundl Labs Private Limited | •••• | •••• | •••• | •••• | 33 | Hyderabad, Telangana, India |
| Logical Solutions Ltd | •••• | •••• | •••• | •••• | 33 | Secunderabad, Telangana, India |
| Inexture Solutions Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Prototech Solutions and Services Private Limited | •••• | •••• | •••• | •••• | 113 | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Qtech Software by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Qtech Software Private Limited
Qtech Software Private Limited is audited by VINODKUMAR M JAIN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINODKUMAR M JAIN | 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 Qtech Software Private Limited
Qtech Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Kantilal Parihar | Director | 12 Dec 2005 | 20 Years 9 Months | Current |
| Vandana Paresh Parihar | Director | 12 Dec 2005 | 20 Years 9 Months | Current |
Ownership and Shareholding of Qtech 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 Qtech Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2022 | Others | ₹2 Cr | Open |
| 10 Sep 2015 | Icici Bank Limited | ₹2.57 Cr | Satisfied |
| 18 Feb 2013 | Icici Bank Limited | ₹50 Lakh | Satisfied |
| 26 Apr 2011 | Icici Bank Limited | ₹2.26 Cr | Satisfied |
Total charge records: 4 View all charges
Associated Brands with Qtech Software Private Limited
Qtech Software operates two associated brands: Qtech Software and rePUSHTI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops travel ERP software, API integrations, and custom solutions for travel businesses. | qtechsoftware.com | |
| Travel booking verification platform using AI and automation for accuracy in the travel sector. | repushti.com |
Employees and EPFO Compliance at Qtech Software Private Limited
Qtech Software Private Limited has a workforce of 114 employees as of Apr 07, 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.
News related to Qtech Software Private Limited
Recent Activity on Qtech Software Private Limited
Qtech Software Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Paresh Kantilal Parihar was appointed as Director on 12 Dec 2005.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Qtech 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 Qtech 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 Qtech 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.
GST Compliance of Qtech Software Private Limited
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 Qtech 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.
Frequently Asked Questions about Qtech Software Private Limited
Qtech Software is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 December 2005 (21+ years old) and is registered under CIN U72200MH2005PTC157988.
Qtech Software reported revenue of ₹22.2 Cr for FY 2025 (down 10% YoY).
Qtech Software has 2 current directors:
- Paresh Kantilal Parihar - Director
- Vandana Paresh Parihar - Director
Qtech Software reported a net profit of ₹76.26 Lakh (net margin 3.4%) and EBITDA of ₹1.39 Cr (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qtech Software is 23% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Qtech Software is U72200MH2005PTC157988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qtech Software was incorporated on 12 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Qtech Software by revenue are Sodel Software Solutions Private Limited, Tetra Soft (India) Private Limited, Riverstone Infotech Private Limited, Sakri IT Solutions Private Limited, Wonderbiz Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Paresh Kantilal Parihar was appointed as Director on 12 Dec 2005. Vandana Paresh Parihar was appointed as Director on 12 Dec 2005.
Qtech Software can be reached through the website qtechsoftware.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Qtech Software is at 402 Atlanta Centre Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063.