About Shovel Technologies Private Limited
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Shovel Technologies Private Limited is a private limited company based in Tirupati, Andhra Pradesh, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 05 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2008PTC112640. Its GSTIN is 37AAMCS6801L1ZV (Andhra Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Thakkilapati Saraswathamma and Vinayagam Alam.
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 #2 – 1 – 76/G Chinna Gunta Revenue Ward No:2 1st Floor K Towers Kola Street, Tirupati, Andhra Pradesh, India – 517501.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.08 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 1.6%) and EBITDA of ₹5.23 Lakh (EBITDA margin 4.8%).
The company has about 6 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shoveltech.com.
Company details
CIN history
Shovel Technologies has one previous CIN (Corporate Identification Number): U72200KA2008PTC045507. The current CIN is U72200AP2008PTC112640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200AP2008PTC112640 | Current |
| U72200KA2008PTC045507 | Previous |
Contact details
Shovel Technologies Private Limited's registered office is in Tirupati, Andhra Pradesh. Its website is shoveltech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#2 – 1 – 76/G Chinna Gunta Revenue Ward No:2 1st Floor K Towers Kola Street, Tirupati, Andhra Pradesh, India – 517501
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Shovel Technologies 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
Financials of Shovel Technologies Private Limited
FY 2025 filings availableShovel Technologies Private Limited reported revenue of ₹1.08 Cr (down 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.08 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.23 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.73 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.8% | ||
| Net Profit Margin | 1.6% | ||
| 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 Shovel Technologies Private Limited, buy the company report.
Board of directors of Shovel Technologies Private Limited
Shovel Technologies has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thakkilapati Saraswathamma | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
| Vinayagam Alam | Director | 05 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Shovel Technologies Private Limited is audited by KUMARENDRA CHOWDARY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMARENDRA CHOWDARY & ASSOCIATES | FY 2017 | 05988S |
Shareholding
The shareholding of Shovel Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shovel Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shovel Technologies 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 Shovel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shovel Technologies Private Limited has a workforce of 6 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Shovel Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAMCS6801L1ZV | Andhra Pradesh | Active | 13 Sep 2019 |
To see the full GST registrations and return filing status of Shovel Technologies Private Limited, buy the company report.
Recent activity
Shovel Technologies Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Leela Krishna Nuthalapati ceased to be Director on 05 May 2023.
Frequently asked questions
Shovel Technologies is an active private limited company based in Tirupati, Andhra Pradesh, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 05 March 2008 (18+ years old) and is registered under CIN U72200AP2008PTC112640.
Shovel Technologies has 2 current directors:
- Thakkilapati Saraswathamma - Director
- Vinayagam Alam - Director
The latest financial statements of Shovel Technologies 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 2015 are in the company report.
The GSTIN of Shovel Technologies is 37AAMCS6801L1ZV, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Shovel Technologies is U72200AP2008PTC112640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shovel Technologies was incorporated on 05 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Leela Krishna Nuthalapati ceased to be Director on 05 May 2023. Vinayagam Alam ceased to be Managing Director on 20 Jun 2022. Girisankar Chalagundla ceased to be Director on 22 Apr 2018. Shovel Technologies has 8 board changes on record in total.
Shovel Technologies can be reached through the website shoveltech.com. Its registered office is in Tirupati, Andhra Pradesh, India.
The registered office of Shovel Technologies is at #2 – 1 – 76G Chinna Gunta Revenue Ward No:2 1st Floor K Towers Kola Street, Tirupati, Andhra Pradesh, India – 517501.
Shovel Technologies operates in the information technology industry, in the electronic components and equipment manufacturing segment.
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