Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India Private Limited - information technology in Ongole, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U72200AP2014FTC095671 Incorporated 19 November 2014 ROC Vijayawada HQ Ongole, Andhra Pradesh, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹8.78 Cr
▲ 24% YoY
Net profit · FY 2024
₹30.15 Lakh
Net margin 3.4%
EBITDA · FY 2024
₹54.18 Lakh
EBITDA margin 6.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.96 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
136
Provident fund records
Directors on board
4
As per MCA filings

About Snovasys Software Solutions India Private Limited

Data last updated:

Snovasys Software Solutions India Private Limited is a foreign private limited company based in Ongole, Andhra Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 November 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2014FTC095671. Its GSTIN is 37AAFCK6891H2Z0 (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.96 Lakh. It was formerly known as Kothapalli Software Solutions India Private Limited. It is led by directors including Kothapalli Brahmaiah and Srihari Kothapalli.

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 Ongole, Andhra Pradesh.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.78 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹30.15 Lakh (net margin 3.4%) and EBITDA of ₹54.18 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 31% over five years.

The company has about 136 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Time Champ and Snovasys. Court records list 2 cases involving the company, including 1 filed by the company; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website snovasys.com.

Company Details of Snovasys Software Solutions India Private Limited
CIN U72200AP2014FTC095671
Registration Number 095671
Incorporation Date 19 November 2014
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    D.No.9 – 1 – 24 Sai Narayana Enclave, Gadiyaram Vari Veedi Beside Central Cafe Bandlametla, Ongole, Andhra Pradesh, India – 523001
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Snovasys Software Solutions India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Snovasys Software Solutions India Private Limited

The main business activity of Snovasys Software Solutions India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Snovasys Software Solutions India Private Limited FY 2025 filings available

Snovasys Software Solutions India Private Limited reported revenue of ₹8.78 Cr (up 24% YoY) for FY 2024.

Revenue · FY 2024
₹8.78 Cr ▲ 24%
Net profit · FY 2024
₹30.15 Lakh margin 3.4%
EBITDA · FY 2024
₹54.18 Lakh margin 6.2%

Compounded Annual Growth Rate (CAGR) of Snovasys Software Solutions India Private Limited

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 60%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 48%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 24% growth in the latest year. EBITDA fell 21% 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 Snovasys Software Solutions India Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹54.18 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹30.15 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 Snovasys Software Solutions India Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.2%••••••••••••••••
Net Profit Margin3.4%••••••••••••••••
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 Snovasys Software Solutions India are in the company report.

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Peer Comparison of Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Its own revenue is ₹8.78 Cr.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prodex Technologies Private Limited₹8.87 Cr₹84.81 Lakh-10%+239978%69Chennai, Tamil Nadu, India
Synaptris Software Private Limited₹8.86 Cr₹37.08 Lakh4%-2%39Chennai City Corporation, Tamil Nadu, India
Object Edge India Services Private Limited₹8.86 Cr₹1.37 Cr16%+6%Navi Mumbai, Maharashtra, India
One Kosmos Marketing Services Private Limited₹8.84 Cr₹53 Lakh6%+21%6Mumbai, Maharashtra, India
Yrd Communication Projects Private Limited₹8.79 Cr₹14.8 Lakh-2%+204%Hyderabad, Telangana, India
Snovasys Software Solutions India Private Limited this company₹8.78 Cr₹30.15 Lakh3.4%Ongole, Andhra Pradesh, India
Axiomatic Itech Private Limited₹8.77 Cr₹54.33 Lakh6%+178%Ahmedabad, Gujarat, India
Exfinity Venture Partners LLP₹8.76 Cr₹1.53 Cr17%-27%Bangalore North, Karnataka, India
Birchstreet Systems (India) Private Limited₹8.76 Cr₹60.39 Lakh7%Pune City, Maharashtra, India
Innobit Systems Private Limited₹8.73 Cr₹4.7 Lakh1%-3%61Greater Noida, Uttar Pradesh, India
Intellinet Systems Private Limited₹8.72 Cr₹1.13 Cr13%+4%Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below Snovasys Software Solutions India by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.

Auditor Details of Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India Private Limited is audited by V R P S and Co for the financial year 2023.

NameStatusAppointment DateCessation Date
V R P S and CoLockedLockedLocked
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Board of Directors of Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kothapalli BrahmaiahDirector14 Dec 20178 Years 9 MonthsCurrent
Srihari KothapalliDirector19 Nov 201411 Years 10 MonthsCurrent
Bairapuneni AnjaneyuluDirector01 Apr 20251 Years 6 MonthsCurrent
Giri Babu YendluriDirector29 May 20233 Years 4 MonthsCurrent

Ownership and Shareholding of Snovasys Software Solutions India Private Limited

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Charges & Borrowings of Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India operates two associated brands: Time Champ and Snovasys. Each brand links to its own profile.

BrandDescriptionWebsite
Provides a comprehensive suite of IT services to enhance daily business operations.snovasys.com
Productivity tracking software for monitoring employee activities and workforce analytics.timechamp.io

Employees and EPFO Compliance at Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India Private Limited has a workforce of 136 employees as of Apr 02, 2024.

Employee count
136
Active EPFO establishments
2
Employee growth
97.1%
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Bairapuneni Anjaneyulu was appointed as Director on 01 Apr 2025.

AGM
Snovasys Software Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Bairapuneni Anjaneyulu was appointed as Director.
Filing
Snovasys Software Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Ceased
Srihari Kothapalli ceased to be Director.
Ceased
Bairapuneni Anjaneyulu ceased to be Director.
Appointed
Giri Babu Yendluri was appointed as Director.
Appointed
Kothapalli Brahmaiah was appointed as Director.
Appointed
Srihari Kothapalli was appointed as Director.
Incorporation
19 Nov 2014
Snovasys Software Solutions India Private Limited was registered on 19 Nov 2014 with Roc Vijayawada & aged 11 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Snovasys Software Solutions India Private Limited

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MSME Payment Delays by Snovasys Software Solutions India Private Limited

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Subsidiaries & Group Companies of Snovasys Software Solutions India Private Limited

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GST Compliance of Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
37AAFCK6891H2Z0Andhra PradeshActive13 Sep 2024
36AAFCK6891H1Z3TelanganaActive04 Jan 2018
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MCA Filings & Documents of Snovasys Software Solutions India Private Limited

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Frequently Asked Questions about Snovasys Software Solutions India Private Limited

Snovasys Software Solutions India is an active foreign private limited company based in Ongole, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 November 2014 (12+ years old) and is registered under CIN U72200AP2014FTC095671.

Snovasys Software Solutions India reported revenue of ₹8.78 Cr for FY 2024 (up 24% YoY).

Snovasys Software Solutions India has 4 current directors:

Snovasys Software Solutions India reported a net profit of ₹30.15 Lakh (net margin 3.4%) and EBITDA of ₹54.18 Lakh (EBITDA margin 6.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Snovasys Software Solutions India is 60% over three years and 31% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Snovasys Software Solutions India is 37AAFCK6891H2Z0, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAFCK6891H1Z3 (Telangana).

The CIN (Corporate Identification Number) of Snovasys Software Solutions India is U72200AP2014FTC095671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Snovasys Software Solutions India has 2 court cases on record: 1 filed by the company. 2 are pending. Most are in the high courts.

Snovasys Software Solutions India was incorporated on 19 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Snovasys Software Solutions India by revenue are Prodex Technologies Private Limited, Synaptris Software Private Limited, Object Edge India Services Private Limited, One Kosmos Marketing Services Private Limited, Yrd Communication Projects Private Limited and 5 more, all in the Information Technology industry (Application Development).

Bairapuneni Anjaneyulu was appointed as Director on 01 Apr 2025. Srihari Kothapalli ceased to be Director on 20 Apr 2024. Bairapuneni Anjaneyulu ceased to be Director on 29 May 2023. Snovasys Software Solutions India has 6 board changes on record in total.

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