Silitech Networks Private Limited
About Silitech Networks Private Limited
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Silitech Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 02 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC115177. Its GSTIN is 29ABACS6406N1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.93 Lakh. It is led by directors Sunitha Raja and Yakkala Vyshnavi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.82 Lakh, a growth of 116% compared to the previous year. For the same year it recorded a net loss of ₹1.93 Lakh (net margin -8.8%) and EBITDA of -₹1.82 Lakh (EBITDA margin -8.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
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- Registered AddressNo.12 (Old 12/113) 5th A Cross, Ruchita Carnation Poorna Pragna Layout Kathriguppe, Bangalore, Karnataka, India – 560085
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Silitech Networks Private Limited
The main business activity of Silitech Networks is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Silitech Networks Private Limited FY 2024 filings available
Silitech Networks Private Limited reported revenue of ₹21.82 Lakh (up 116% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Silitech Networks Private Limited
Revenue rose 116% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 74% 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 Silitech Networks 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 | -₹1.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.93 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 of Silitech Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.8% | •••• | •••• | •••• | •••• |
| 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 Silitech Networks 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 Silitech Networks Private Limited
Silitech Networks Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SCG Career Private Limited | ₹21.92 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Bengaluru, Karnataka, India |
| Tridev Overseas Talent Consultancy Private Limited | ₹21.88 Lakh (FY 2025) | •••• | •••• | 239.0% | •••• | Dehradun, Uttarakhand, India |
| Excel Prodigy Training & Consultancy Private Limited | ₹21.85 Lakh (FY 2020) | •••• | •••• | -19.0% | •••• | Chennai, Tamil Nadu, India |
| Redefine Techsoft Private Limited | ₹21.85 Lakh (FY 2017) | •••• | •••• | -53.0% | •••• | Secunderabad, Telangana, India |
| Inimitable Solutions Private Limited | ₹21.85 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Bhuj, Gujarat, India |
| Silitech Networks Private Limited this company | ₹21.82 Lakh (FY 2024) | •••• | •••• | 116.0% | •••• | Bangalore, Karnataka, India |
| VKP HR Services Private Limited | ₹21.8 Lakh (FY 2025) | •••• | •••• | 97.0% | •••• | Faridabad, Haryana, India |
| Mantrad Private Limited | ₹21.77 Lakh (FY 2024) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Manusterr Oespm India Private Limited | ₹21.72 Lakh (FY 2024) | •••• | •••• | 265.0% | •••• | Tal Panhala, Maharashtra, India |
| Bangalore Jobhunterr India Private Limited | ₹21.71 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| SFV Impex (OPC) Private Limited | ₹21.7 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Mehsana, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Silitech Networks by revenue in the Outsourcing industry (HR Outsourcing), 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 Silitech Networks Private Limited
Silitech Networks 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 |
|---|---|---|---|---|
| Sunitha Raja | Additional Director | 28 Feb 2025 | 1 Years 7 Months | Current |
| Yakkala Vyshnavi | Additional Director | 28 Feb 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Silitech Networks 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 Silitech Networks Private Limited
Silitech Networks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Silitech Networks Private Limited
Employment history and EPFO contributions of people linked to Silitech Networks.
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 Silitech Networks Private Limited
Silitech Networks Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Chikkath Papu Soumya ceased to be Director on 01 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Silitech Networks 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 Silitech Networks 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 Silitech Networks 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 Silitech Networks Private Limited
Silitech Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS6406N1ZX | Karnataka | Active | 04 Aug 2020 |
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 Silitech Networks 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 Silitech Networks Private Limited
Silitech Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 02 August 2018 (8+ years old) and is registered under CIN U74999KA2018PTC115177.
Silitech Networks reported revenue of ₹21.82 Lakh for FY 2024 (up 116% YoY).
Silitech Networks has 2 current directors:
- Sunitha Raja - Additional Director
- Yakkala Vyshnavi - Additional Director
Silitech Networks reported a net loss of ₹1.93 Lakh (net margin -8.8%) and EBITDA of -₹1.82 Lakh (EBITDA margin -8.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silitech Networks is -14% over three years. In the latest year (FY 2024) revenue rose 116%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silitech Networks is 29ABACS6406N1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Silitech Networks is U74999KA2018PTC115177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silitech Networks was incorporated on 02 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Silitech Networks by revenue are SCG Career Private Limited, Tridev Overseas Talent Consultancy Private Limited, Excel Prodigy Training & Consultancy Private Limited, Redefine Techsoft Private Limited, Inimitable Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Chikkath Papu Soumya ceased to be Director on 01 Mar 2025. Christofer Tyagraj ceased to be Director on 01 Mar 2025. Sunitha Raja was appointed as Additional Director on 28 Feb 2025. Silitech Networks has 8 board changes on record in total.
The registered office of Silitech Networks is at No.12 Old 12113 5th A Cross, Ruchita Carnation Poorna Pragna Layout Kathriguppe, Bangalore, Karnataka, India – 560085.