Qualitest India Private Limited

Qualitest India Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2008PTC047411 Incorporated 12 August 2008 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹315.92 Cr
▲ 7% YoY
Net profit · FY 2025
₹25.98 Cr
Net margin 8.2%
EBITDA · FY 2025
₹39.14 Cr
EBITDA margin 12.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.87 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
1,707
Provident fund records
Directors on board
3
As per MCA filings

About Qualitest India Private Limited

Data last updated:

Qualitest India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Quantum Holding Uk Bidco Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 August 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2008PTC047411. Its GSTIN is 29AADCT0008K1ZF (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.87 Lakh. It was formerly known as Tcl Software Testing India Private Limited. It is led by directors including Mathai Mathew and Palaniselvan Sababathy.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12th Floor B Wing M2 Block Manyata Embassy Business Park, Bengaluru, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹315.92 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹25.98 Cr (net margin 8.2%) and EBITDA of ₹39.14 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 25% over five years.

The company has about 1,707 employees on its provident fund (EPFO) records.

Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹67.67 Cr; the latest was in February 2021. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 2 smaller; the largest is Dish Network Technologies India Private Limited with revenue of ₹323.36 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.

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

Company details

CIN U72900KA2008PTC047411
Registration Number 047411
Incorporation Date 12 August 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Quantum Holding Uk Bidco Limited
Compliance Status Active Compliant

Contact details

Qualitest India Private Limited's registered office is in Bengaluru, Karnataka. Its website is qualitestgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    12th Floor B Wing M2 Block Manyata Embassy Business Park Hebbal Outer Ring Road N, Agawara, Bengaluru, Karnataka, India – 560045
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Qualitest India Private Limited, buy the company report.

Comprehensive company report
Qualitest India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Qualitest India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Qualitest India Private Limited, buy the company report.

Financials of Qualitest India Private Limited

FY 2025 filings available

Qualitest India Private Limited reported revenue of ₹315.92 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹315.92 Cr ▲ 7%
Net profit · FY 2025
₹25.98 Cr margin 8.2%
EBITDA · FY 2025
₹39.14 Cr margin 12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 23%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 20%
5 years · compounded
▲ 23%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 7% growth in the latest year. EBITDA rose 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹39.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.98 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.4%
Net Profit Margin8.2%
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

To see the full financial statements and ratios of Qualitest India Private Limited, buy the company report.

Board of directors of Qualitest India Private Limited

Qualitest India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mathai MathewDirector15 Mar 20215 Years 7 MonthsCurrent
James Benjamin FellerAdditional Director08 Jan 20260 Years 9 MonthsCurrent
Palaniselvan SababathyDirector19 Nov 20241 Years 11 MonthsCurrent

Peer comparison

Qualitest India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dish Network Technologies India Private Limited₹323.36 Cr (FY 2025)1.0%Bengaluru, Karnataka, India
Qualitest India Private Limitedthis company₹315.92 Cr (FY 2025)₹25.98 Cr8.2%7.0%1,707Bengaluru, Karnataka, India
Bridgenext India Private Limited₹314.63 Cr (FY 2025)15.0%Pune, Maharashtra, India
Algonomy Software Private Limited₹310.23 Cr (FY 2025)-10.0%Bangalore, Karnataka, India

To see the full peer comparison of Qualitest India Private Limited, buy the company report.

Auditor

Qualitest India Private Limited is audited by H N S Rao & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H N S Rao & CoFY 2023003129S

Shareholding

The shareholding of Qualitest India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Qualitest India Private Limited, buy the company report.

Deals & funding

Qualitest India Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹67.67 Cr; the latest was in February 2021.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹67.67 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Feb 2021Funding round₹67.67 CrInvestors: Quantum Holding Uk Bidco Limited
Aug 2017Secondary share transferUndisclosedBuyer: Jupiter Holdco Limited UK
Seller: an individual
Sep 2016Secondary share transferUndisclosedBuyer: Jupiter Holdco Limited UK
Seller: an individual
Oct 2009Secondary share transferUndisclosedBuyer: TCL Group Limited, an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Qualitest India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Primus Global Technologies Private Limited

To see the full MSME payment records of Qualitest India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Qualitest India Private Limited has a workforce of 1,707 employees on its EPFO records as of Oct 08, 2024, across 1 active EPFO establishment.

Employee count
1,707
Active EPFO establishments
1
Employee growth
7.9%

GST

Qualitest India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AADCT0008K1ZFKarnatakaActive01 Jul 2017
29AADCT0008K2ZEKarnatakaActive01 Jul 2017
33AADCT0008K1ZQTamil NaduActive08 Aug 2022

To see the full GST registrations and return filing status of Qualitest India Private Limited, buy the company report.

Recent activity

Qualitest India Private Limited has 33 board changes on record since 2008: 18 appointments and 15 cessations. The latest: James Benjamin Feller was appointed as Additional Director on 08 Jan 2026.

Appointed
James Benjamin Feller was appointed as Additional Director.
AGM
Qualitest India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Wilmot Christopher John ceased to be Director.
Filing
Qualitest India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Rajesh Subramony ceased to be Director.
Appointed
Palaniselvan Sababathy was appointed as Director.
Ceased
Siddapura Krishnappa Dayasagar ceased to be Director.
Appointed
Rajesh Subramony was appointed as Director.
Ceased
Sharada Nandakumar ceased to be Managing Director.
Appointed
Mathai Mathew was appointed as Director.
Ceased
Vinayak Bhat ceased to be Additional Director.
Appointed
Sharada Nandakumar was appointed as Managing Director.

24 earlier events are in the company report.

Frequently asked questions

Qualitest India is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 August 2008 (18+ years old) and is registered under CIN U72900KA2008PTC047411.

Qualitest India has 3 current directors:

The latest financial statements of Qualitest India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Qualitest India is 29AADCT0008K1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AADCT0008K2ZE (Karnataka), 33AADCT0008K1ZQ (Tamil Nadu).

The CIN (Corporate Identification Number) of Qualitest India is U72900KA2008PTC047411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qualitest India has 4 court cases on record: 4 filed against it. 2 are pending.

Qualitest India was incorporated on 12 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Qualitest India has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹67.67 Cr; the latest was in February 2021.

The peers of Qualitest India by revenue are Dish Network Technologies India Private Limited, Bridgenext India Private Limited, Algonomy Software Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

James Benjamin Feller was appointed as Additional Director on 08 Jan 2026. Wilmot Christopher John ceased to be Director on 18 Jul 2025. Rajesh Subramony ceased to be Director on 10 Feb 2025. Qualitest India has 33 board changes on record in total.

Qualitest India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 10 Jun 2019.

Qualitest India can be reached through the website qualitestgroup.com. Its registered office is in Bengaluru, Karnataka, India.