
About Scuti Tech Labs Private Limited
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Scuti Tech Labs Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 25 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC116777. Its GSTIN is 36AAYCS5708G1ZS (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹18.46 Lakh. It is led by directors including Rameswar Hari Basavanjaneya Mandali (Managing Director) and Satya Narayana Vaddi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No 705 4th Floor Sanvi Towers Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.99 Lakh, a growth of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr and EBITDA of -₹1.39 Cr. Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
The company is associated with 2 brands: Scuti Tech Labs and Skill Monks. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 4 deals on record (4 rights issues); the latest was in September 2019.
Scuti Tech Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0023322). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scuti.co.in.
Company details
Recognitions & Rankings of Scuti Tech Labs
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0023322
Contact details
Scuti Tech Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is scuti.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 705 4th Floor Sanvi Towers Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Scuti Tech Labs Private Limited, buy the company report.
- 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
Brands
Scuti Tech Labs operates two associated brands: Scuti Tech Labs and SKILL MONKS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides outsourcing for software development and staff augmentation, specializing in education. | scuti.co.in | |
| IT-related courses are delivered via an online learning platform. | skillmonks.com |
Business activity
The main business activity of Scuti Tech Labs is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Scuti Tech Labs Private Limited, buy the company report.
Financials of Scuti Tech Labs Private Limited
FY 2021 filings availableScuti Tech Labs Private Limited reported revenue of ₹25.99 Lakh (up 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over three years, including 99% growth in the latest year. EBITDA rose 3% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹25.99 Lakh | |||
| 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) | -₹1.42 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Scuti Tech Labs Private Limited, buy the company report.
Board of directors of Scuti Tech Labs Private Limited
Scuti Tech Labs has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Narayana Vaddi | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Yasasvi Malka Also directs: Urvija Projects LLP, Urvija Bio-Sciences Private Limited, Ghatkesar Infra and Ventures Limited and 5 more | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Rameswar Hari Basavanjaneya Mandali Also directs: Digitage Software Labs Private Limited, Edze Soft Private Limited | Managing Director | 01 Jun 2017 | 9 Years 4 Months | Current |
| Sai Ramana Ramanjana | Director | 25 Apr 2017 | 9 Years 5 Months | Current |
| Siddhartha Kumar Chinthapally | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Scuti Tech Labs Private Limited is audited by D A Y & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A Y & ASSOCIATES | FY 2021 | 011455S |
Shareholding
The shareholding of Scuti Tech Labs Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Scuti Tech Labs Private Limited, buy the company report.
Deals & funding
Scuti Tech Labs Private Limited has 4 deals on record (4 rights issues); the latest was in September 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Rights issue | ₹2 Cr | Investors: Venkateshwara Edusupport Limited , 2 individuals |
| May 2019 | Rights issue | ₹34.9 Lakh | Investors: 2 individuals |
| Jun 2017 | Rights issue | ₹16 Lakh | Investors: 2 individuals |
| Jun 2017 | Rights issue | ₹4 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Scuti Tech Labs Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by G7 CR Technologies India Private Limied | Pending |
To see the full case history of Scuti Tech Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Scuti Tech Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Scuti Tech Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAYCS5708G1ZS | Telangana | Active | 17 Sep 2019 |
| 36AAYCS5708G1C3 | Telangana | Active | 01 May 2021 |
To see the full GST registrations and return filing status of Scuti Tech Labs Private Limited, buy the company report.
Recent activity
Scuti Tech Labs Private Limited has 10 board changes on record since 2017: 5 appointments and 5 cessations. The latest: Rameswar Hari Basavanjaneya Mandali ceased to be Director on 21 Jun 2021.
1 earlier event is in the company report.
Frequently asked questions
Scuti Tech Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 25 April 2017 (9+ years old) and is registered under CIN U72900TG2017PTC116777.
Scuti Tech Labs has 5 current directors:
- Rameswar Hari Basavanjaneya Mandali - Managing Director
- Satya Narayana Vaddi - Director
- Yasasvi Malka - Director
- Sai Ramana Ramanjana - Director
- Siddhartha Kumar Chinthapally - Director
The latest financial statements of Scuti Tech Labs on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Scuti Tech Labs is 36AAYCS5708G1ZS, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAYCS5708G1C3 (Telangana).
The CIN (Corporate Identification Number) of Scuti Tech Labs is U72900TG2017PTC116777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scuti Tech Labs has 1 court case on record: 1 filed against it. 1 is pending.
Scuti Tech Labs was incorporated on 25 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Scuti Tech Labs has 4 deals on record (4 rights issues); the latest was in September 2019.
Rameswar Hari Basavanjaneya Mandali ceased to be Director on 21 Jun 2021. Satya Narayana Vaddi ceased to be Additional Director on 30 Sep 2019. Siddhartha Kumar Chinthapally ceased to be Additional Director on 30 Sep 2019. Scuti Tech Labs has 10 board changes on record in total.
Yes, Scuti Tech Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).