About Serment Infotech Private Limited
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Serment Infotech Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC122579.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors including Umarani Chandanala and Srinath Chandanala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.88 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹27,400 (net margin 2%) and EBITDA of ₹27,400 (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company is associated with 1 brand: Serment Infotech.
For more details, the company can be reached via its website sermentit.com.
Company details
Contact details
Serment Infotech Private Limited's registered office is in Hyderabad, Telangana. Its website is sermentit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No 102 & 202 Royal Cedar Plot No.441 & 442 6th Phase Kphb Colony Near Sujana Forum, Mall, Hyderabad, Telangana, India – 500085
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Serment Infotech 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
Serment Infotech operates one associated brand: Serment Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software development, rigorous testing, and professional IT services to clients. | sermentit.com |
Business activity
The main business activity of Serment Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Serment Infotech Private Limited, buy the company report.
Financials of Serment Infotech Private Limited
FY 2024 filings availableSerment Infotech Private Limited reported revenue of ₹13.88 Lakh (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹27,400 | ||||
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| Net Profit (PAT) | ₹27,400 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Serment Infotech Private Limited, buy the company report.
Board of directors of Serment Infotech Private Limited
Serment Infotech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umarani Chandanala | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Srinath Chandanala | Director | 27 Feb 2018 | 8 Years 8 Months | Current |
| Rajitha Chilakamari Also directs: Serment Corporate Services Private Limited | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Serment Infotech Private Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sporting Mindz Technology Private Limited | ₹13.88 Lakh (FY 2018) | -71.0% | Bangalore, Karnataka, India | |||
| Serment Infotech Private Limitedthis company | ₹13.88 Lakh (FY 2024) | ₹27,400 | 2% | -29.0% | Hyderabad, Telangana, India | |
| Ideafloats Technologies Private Limited | ₹13.88 Lakh (FY 2024) | -84.0% | Bangalore, Karnataka, India | |||
| Maxwell Computer Solutions Private Limited | ₹13.87 Lakh (FY 2022) | 548.0% | Hyderabad, Telangana, India | |||
| Rysan IT Services Private Limited | ₹13.87 Lakh (FY 2024) | 315.0% | Rajahmundry, Andhra Pradesh, India | |||
| Boilerplate Technologies Private Limited | ₹13.87 Lakh (FY 2021) | 794.0% | Bangalore, Karnataka, India | |||
| Forsure Solutions Private Limited | ₹13.87 Lakh (FY 2019) | -62.0% | New Delhi, Delhi, India |
To see the full peer comparison of Serment Infotech Private Limited, buy the company report.
Auditor
Serment Infotech Private Limited is audited by KK Reddy & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KK Reddy & Associates | FY 2023 | 017007S |
Shareholding
The shareholding of Serment Infotech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Serment Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Serment Infotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Serment Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Serment Infotech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Serment Infotech Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Rajitha Chilakamari ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Serment Infotech is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 February 2018 (8+ years old) and is registered under CIN U74999TG2018PTC122579.
Serment Infotech has 3 current directors:
- Umarani Chandanala - Director
- Srinath Chandanala - Director
- Rajitha Chilakamari - Director
The latest financial statements of Serment Infotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Serment Infotech is U74999TG2018PTC122579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Serment Infotech was incorporated on 27 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Serment Infotech by revenue are Sporting Mindz Technology Private Limited, Ideafloats Technologies Private Limited, Maxwell Computer Solutions Private Limited, Rysan IT Services Private Limited, Boilerplate Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rajitha Chilakamari ceased to be Additional Director on 29 Sep 2023. Rajitha Chilakamari was appointed as Director on 31 Mar 2023. Vijendra Palavalasa ceased to be Director on 15 Feb 2023. Serment Infotech has 7 board changes on record in total.
Serment Infotech can be reached through the website sermentit.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Serment Infotech is at Flat No 102 & 202 Royal Cedar Plot No.441 & 442 6th Phase Kphb Colony Near Sujana Forum, Mall, Hyderabad, Telangana, India – 500085.
Serment Infotech operates in the information technology industry, in the IT consulting and support services segment.
Serment Infotech has 1 associated brand: Serment Infotech.