Qualitest Infotech Private Limited

Qualitest Infotech Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2020PTC374204 Incorporated 07 December 2020 ROC Delhi HQ Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹200.04 Cr
▼ 17% YoY
Net profit · FY 2025
₹10.3 Cr
Net margin 5.1%
EBITDA · FY 2025
₹82 Cr
EBITDA margin 41%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹2.59 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
958
Provident fund records
Directors on board
4
As per MCA filings

About Qualitest Infotech Private Limited

Data last updated:

Qualitest Infotech Private Limited is a private limited company based in Delhi, India, a subsidiary of Quantum Holding Uk Bidco Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 December 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC374204. Its GSTIN is 07AAACQ7095G1Z7 (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹2.59 Cr. It is led by directors including Mathai Mathew and Pankaj Madan.

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 H – 26A 2nd Floor Kalkaji, Delhi, India – 110019.

As per the financials filed for FY 2025, the company reported a revenue of ₹200.04 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.3 Cr (net margin 5.1%) and EBITDA of ₹82 Cr (EBITDA margin 41%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.

The company has about 958 employees on its provident fund (EPFO) records.

Court records list 4 cases involving the company, including 4 filed by the company. The company has 4 deals on record (2 debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹636.22 Cr; the latest was in July 2022. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Impelsys Private Limited with revenue of ₹200.83 Cr. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 12 overdue payments to 4 micro and small suppliers.

For more details, the company can be reached via its website qualitestgroup.com.

Company details

CIN U72900DL2020PTC374204
Registration Number 374204
Incorporation Date 07 December 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Quantum Holding Uk Bidco Limited

Contact details

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

  • Email
  • Telephone
  • Social Media
  • Registered Address
    H – 26A 2nd Floor Kalkaji, Delhi, India – 110019
  • Industry
    Information Technology, Application Development & Software Solutions

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

Comprehensive company report
Qualitest Infotech 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 Infotech 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 Infotech Private Limited, buy the company report.

Financials of Qualitest Infotech Private Limited

FY 2025 filings available

Qualitest Infotech Private Limited reported revenue of ₹200.04 Cr (down 17% YoY) for FY 2025.

Revenue · FY 2025
₹200.04 Cr ▼ 17%
Net profit · FY 2025
₹10.3 Cr margin 5.1%
EBITDA · FY 2025
₹82 Cr margin 41%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 182%
3 years · compounded
▼ 13%

Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 17% fall in the latest year. EBITDA rose 182% 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₹82 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.3 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 Margin41%
Net Profit Margin5.1%
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 Infotech Private Limited, buy the company report.

Board of directors of Qualitest Infotech Private Limited

Qualitest Infotech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mathai MathewDirector07 Dec 20205 Years 10 MonthsCurrent
Pankaj MadanDirector01 Nov 20223 Years 11 MonthsCurrent
James Benjamin FellerAdditional Director08 Jan 20260 Years 9 MonthsCurrent
Palaniselvan SababathyDirector30 Sep 20242 Years 0 MonthsCurrent

Peer comparison

Qualitest Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Impelsys Private Limited₹200.83 Cr (FY 2024)15.0%Bangalore, Karnataka, India
Agiliad Technologies Private Limited₹200.68 Cr (FY 2025)-1.0%Pune, Maharashtra, India
CSM Technologies Limited₹200.63 Cr (FY 2025)1.0%Bhubaneswar, Odisha, India
Excelsoft Technologies Limited₹200.55 Cr (FY 2024)1.0%Mysore, Karnataka, India
Shopsense Retail Technologies Limited₹200.24 Cr (FY 2025)70.0%Mumbai, Maharashtra, India
Qualitest Infotech Private Limitedthis company₹200.04 Cr (FY 2025)₹10.3 Cr5.1%-17.0%958Delhi, India
Nitor Infotech Private Limited₹199.81 Cr (FY 2025)25.0%Pune, Maharashtra, India
Innova Solutions Private Limited₹199.79 Cr (FY 2024)-21.0%Kanchipuram, Tamil Nadu, India
Kochar Infotech Limited₹199.67 Cr (FY 2025)20.0%Punjab, India
Birdeye Software India Private Limited₹198.74 Cr (FY 2025)29.0%New Delhi, Delhi, India
Payu Digital Labs Private Limited₹198.44 Cr (FY 2025)-9.0%Bangalore, Karnataka, India

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

Auditor

Qualitest Infotech Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co LLPFY 2022001076N

Shareholding

The shareholding of Qualitest Infotech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

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

Deals & funding

Qualitest Infotech Private Limited has 4 deals on record (2 debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹636.22 Cr; the latest was in July 2022.

Total deals
4
Debt financings
2
Funding round
1
Rights issue
1
Disclosed funding
₹636.22 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2022Debt financing₹64 CrInvestors: Quantum Holding Uk Bidco Limited
Jun 2022Rights issue₹46 CrInvestors: Quantum Holding Uk Bidco Limited
Feb 2021Debt financing₹470 CrInvestors: Quantum Holding Uk Bidco Limited
Feb 2021Funding round₹102.22 CrInvestors: Quantum Holding Uk Bidco Limited

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

MSME payment delays

Qualitest Infotech Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 12 overdue payments to 4 micro and small suppliers. 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 (4 of 4)

SupplierAmount dueDue sinceReported on
Skillsoft Software Services India Private Limited
4846 Narendra Singhania & Co
Login Infotech Private Limited
Round the Clock Technologies Private Limited

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

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Qualitest Infotech has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Qualitest Infotech Private Limited has a workforce of 958 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
958
Active EPFO establishments
1
Employee growth
177.68%

GST

Qualitest Infotech has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AAACQ7095G1Z7DelhiActive13 Feb 2021
09AAACQ7095G1Z3Uttar PradeshActive06 Nov 2022

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

Recent activity

Qualitest Infotech Private Limited has 10 board changes on record since 2020: 7 appointments and 3 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 Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Wilmot Christopher John ceased to be Director.
Filing
Qualitest Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Rajesh Subramony ceased to be Director.
Appointed
Palaniselvan Sababathy was appointed as Director.
Ceased
Nitin Ashok Dharamshi ceased to be Director.
Appointed
Pankaj Madan was appointed as Director.
Appointed
Rajesh Subramony was appointed as Director.
Appointed
Wilmot Christopher John was appointed as Director.
Appointed
Mathai Mathew was appointed as Director.
Appointed
Nitin Ashok Dharamshi was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Qualitest Infotech is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 December 2020 (6+ years old) and is registered under CIN U72900DL2020PTC374204.

Qualitest Infotech has 4 current directors:

The latest financial statements of Qualitest Infotech 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 2021 are in the company report.

The GSTIN of Qualitest Infotech is 07AAACQ7095G1Z7, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAACQ7095G1Z3 (Uttar Pradesh).

The CIN (Corporate Identification Number) of Qualitest Infotech is U72900DL2020PTC374204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qualitest Infotech has 4 court cases on record: 4 filed by the company. Most are in the district courts.

Qualitest Infotech was incorporated on 07 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.

Qualitest Infotech has 4 deals on record (2 debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹636.22 Cr; the latest was in July 2022.

The peers of Qualitest Infotech by revenue are Impelsys Private Limited, Agiliad Technologies Private Limited, CSM Technologies Limited, Excelsoft Technologies Limited, Shopsense Retail Technologies Limited and 5 more, all in 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 31 Jan 2025. Qualitest Infotech has 10 board changes on record in total.

Qualitest Infotech has 5 MSME Form 1 returns on record between 2023 and 2024, listing 12 overdue payments to 4 micro and small suppliers. The latest return was filed on 23 Apr 2024.

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