
Qualquest Consulting Private Limited
About Qualquest Consulting Private Limited
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Qualquest Consulting Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 13 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72200MH2019PTC321120. Its GSTIN is 27AAACQ5939M1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shymala Mahendra Bharsakle and Adarssh Mahindra Bharssakle.
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 No 36 P85 Jaihind Soc Bh Rudrashakti Encl Shyam Ng, Nagpur, Maharashtra, India – 440015.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.02 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1,600 (net margin 0%) and EBITDA of ₹1.01 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 292% over three years.
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- Registered AddressH No 36 P85 Jaihind Soc Bh Rudrashakti Encl Shyam Ng, Nagpur, Maharashtra, India – 440015
- IndustrySoftware, Software Development, Software Publishing
- 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 Qualquest Consulting Private Limited
The main business activity of Qualquest Consulting 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 | 62 | 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.
Financials of Qualquest Consulting Private Limited FY 2025 filings available
Qualquest Consulting Private Limited reported revenue of ₹54.02 Lakh (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Qualquest Consulting Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 292% over three years, including 30% growth in the latest year. EBITDA rose 286% 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 Qualquest Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,600 | •••• | •••• | •••• | •••• |
| 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 Qualquest Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Qualquest Consulting are in the company report.
Financial statements from FY 2019
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 Qualquest Consulting Private Limited
Qualquest Consulting Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syne India Private Limited | ₹54.05 Lakh (FY 2025) | •••• | •••• | 128185.0% | •••• | Muvattupuzha, Kerala, India |
| Algonomiqs Technologies Private Limited | ₹54.04 Lakh (FY 2025) | •••• | •••• | 204.0% | •••• | Bangalore, Karnataka, India |
| At Technologies Private Limited | ₹54.03 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Pune, Maharashtra, India |
| Decision Science Research Labs Private Limited | ₹54.03 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Bengaluru, Karnataka, India |
| Tesseract Technolabs Private Limited | ₹54.02 Lakh (FY 2024) | •••• | •••• | 551.0% | •••• | Ahmedabad, Gujarat, India |
| Qualquest Consulting Private Limited this company | ₹54.02 Lakh (FY 2024) | •••• | •••• | 30.0% | •••• | Nagpur, Maharashtra, India |
| Softmedia Erp (OPC) Private Limited | ₹54.01 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Scutoid Technologies Private Limited | ₹54 Lakh (FY 2025) | •••• | •••• | 209.0% | •••• | Hyderabad, Telangana, India |
| Circle Edges Private Limited | ₹54 Lakh (FY 2022) | •••• | •••• | 191.0% | •••• | Coimbatore, Tamil Nadu, India |
| Vymase IT Private Limited | ₹53.98 Lakh (FY 2024) | •••• | •••• | 93.0% | •••• | Hyderabad, Telangana, India |
| Teknismart Solutions Private Limited | ₹53.97 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Qualquest Consulting by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Qualquest Consulting Private Limited
Qualquest Consulting has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shymala Mahendra Bharsakle Also directs: Clinicorp Insights Private Limited | Director | 19 Jun 2019 | 7 Years 3 Months | Current |
| Adarssh Mahindra Bharssakle Also directs: Clinicorp Insights Private Limited | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Qualquest Consulting 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 Qualquest Consulting Private Limited
Qualquest Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qualquest Consulting Private Limited
Employment history and EPFO contributions of people linked to Qualquest Consulting.
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.
Recent Activity on Qualquest Consulting Private Limited
Qualquest Consulting Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Kartik Mohan Vijaywargi ceased to be Director on 19 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Qualquest Consulting 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 Qualquest Consulting 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 Qualquest Consulting 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 Qualquest Consulting Private Limited
Qualquest Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ5939M1ZV | Maharashtra | Active | 31 Oct 2022 |
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 Qualquest Consulting 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 Qualquest Consulting Private Limited
Qualquest Consulting is an active private limited company based in Nagpur, Maharashtra, India. The company works in software development, within the software industry. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U72200MH2019PTC321120.
Qualquest Consulting reported revenue of ₹54.02 Lakh for FY 2024 (up 30% YoY).
Qualquest Consulting has 2 current directors:
- Shymala Mahendra Bharsakle - Director
- Adarssh Mahindra Bharssakle - Director
Qualquest Consulting reported a net profit of ₹1,600 (net margin 0%) and EBITDA of ₹1.01 Lakh (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qualquest Consulting is 292% over three years. In the latest year (FY 2024) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Qualquest Consulting is 27AAACQ5939M1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Qualquest Consulting is U72200MH2019PTC321120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qualquest Consulting was incorporated on 13 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Qualquest Consulting by revenue are Syne India Private Limited, Algonomiqs Technologies Private Limited, At Technologies Private Limited, Decision Science Research Labs Private Limited, Tesseract Technolabs Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kartik Mohan Vijaywargi ceased to be Director on 19 Jun 2019. Shymala Mahendra Bharsakle was appointed as Director on 19 Jun 2019. Adarssh Mahindra Bharssakle was appointed as Director on 13 Feb 2019.
The registered office of Qualquest Consulting is at H No 36 P85 Jaihind Soc Bh Rudrashakti Encl Shyam Ng, Nagpur, Maharashtra, India – 440015.