Qzolve IT Solutions Private Limited
About Qzolve IT Solutions Private Limited
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Qzolve IT Solutions Private Limited is a private limited company based in Kottayam, Kerala, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 17 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC058029.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹100. It is led by directors Leelamma and Robin Mathai.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Leelamma Paul Chathapuzha House Thidanad Po, Kottayam, Kerala, India – 686123.
As per the financials filed for FY 2023, the company reported a revenue of ₹16,718, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹1,130 (net margin -6.8%) and EBITDA of -₹1,113 (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The company is associated with 1 brand: Qzolve.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O Leelamma Paul Chathapuzha House Thidanad Po, Kottayam, Kerala, India – 686123
- IndustryInformation Technology, Other Computer Related Activities
- 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 Qzolve IT Solutions Private Limited
The main business activity of Qzolve IT Solutions 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 | J6 | 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 Qzolve IT Solutions Private Limited FY 2023 filings available
Qzolve IT Solutions Private Limited reported revenue of ₹16,718 (up 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Qzolve IT Solutions Private Limited
Revenue rose 50% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 55%. EBITDA rose 83% 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 Qzolve IT Solutions Private Limited
| Metrics | 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 | -₹1,113 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,130 | •••• | •••• | •••• |
| 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 Qzolve IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.7% | •••• | •••• | •••• |
| Net Profit Margin | -6.8% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Qzolve IT Solutions are in the company report.
Financial statements from FY 2020
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 Qzolve IT Solutions Private Limited
Qzolve IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lalajaydayal Global Ventures Private Limited | •••• | •••• | •••• | •••• | - | Seondha, Madhya Pradesh, India |
| Botlot Private Limited | •••• | •••• | •••• | •••• | - | Borivlai East, Maharashtra, India |
| Trailblazer Infosoft Services Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Pineapple Labs Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Switch Key Solutions Private Limited | •••• | •••• | •••• | •••• | - | Anand, Gujarat, India |
| Qzolve IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Eskar Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bestawaripeta, Andhra Pradesh, India |
| Entrant Technologies Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Phoniyo Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Payvoy India Private Limited | •••• | •••• | •••• | •••• | - | Georgepeta, Andhra Pradesh, India |
| Vikazana Private Limited | •••• | •••• | •••• | •••• | - | Rangareddy, Telangana, India |
Peers are the five companies nearest above and the five nearest below Qzolve IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Qzolve IT Solutions Private Limited
Qzolve IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Leelamma | Director | 17 May 2019 | 7 Years 4 Months | Current |
| Robin Mathai | Director | 17 May 2019 | 7 Years 4 Months | Current |
Charges & Borrowings of Qzolve IT Solutions Private Limited
Qzolve IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Qzolve IT Solutions Private Limited
Qzolve IT Solutions operates one associated brand: Qzolve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers ERP solutions for logistics, freight forwarding, and supply chain management operations. | qzolve-erp.com |
Employees and EPFO Compliance at Qzolve IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Qzolve IT Solutions.
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 Qzolve IT Solutions Private Limited
Qzolve IT Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Leelamma was appointed as Director on 17 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Qzolve IT Solutions 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 Qzolve IT Solutions 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 Qzolve IT Solutions 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 Qzolve IT Solutions 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 Qzolve IT Solutions 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 Qzolve IT Solutions Private Limited
Qzolve IT Solutions is an active private limited company based in Kottayam, Kerala, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 17 May 2019 (7+ years old) and is registered under CIN U72900KL2019PTC058029.
Qzolve IT Solutions reported revenue of ₹16,718 for FY 2023 (up 50% YoY).
Qzolve IT Solutions has 2 current directors:
- Leelamma - Director
- Robin Mathai - Director
Qzolve IT Solutions reported a net loss of ₹1,130 (net margin -6.8%) and EBITDA of -₹1,113 (EBITDA margin -6.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qzolve IT Solutions is -55% over three years. In the latest year (FY 2023) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Qzolve IT Solutions is U72900KL2019PTC058029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qzolve IT Solutions was incorporated on 17 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Qzolve IT Solutions by revenue are Lalajaydayal Global Ventures Private Limited, Botlot Private Limited, Trailblazer Infosoft Services Private Limited, Pineapple Labs Private Limited, Switch Key Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Leelamma was appointed as Director on 17 May 2019. Robin Mathai was appointed as Director on 17 May 2019.
The registered office of Qzolve IT Solutions is at CO Leelamma Paul Chathapuzha House Thidanad Po, Kottayam, Kerala, India – 686123.
Qzolve IT Solutions has an authorised share capital of ₹10,000 and a paid-up capital of ₹100.