About Softify Technologies Private Limited
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Softify Technologies 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 28 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC131653. Its GSTIN is 36ABBCS8247A1ZH (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandhya Movva (Managing Director) and Shaik Shaheen.
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 ₹4.81 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹95.18 Lakh (net margin 19.8%) and EBITDA of ₹1.65 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
As per MCA filings, the company has open charges of ₹4.82 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website softifytec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1 – 89/3/B/40 To 42/Ks/702 – B, 7th Floor South Block Krishe Sapphire, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support 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 Softify Technologies Private Limited
The main business activity of Softify Technologies 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 Softify Technologies Private Limited FY 2024 filings available
Softify Technologies Private Limited reported revenue of ₹4.81 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Softify Technologies Private Limited
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA rose 32% 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 Softify Technologies 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 | ₹1.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹95.18 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 Softify Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.8% | •••• | •••• | •••• | •••• |
| 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 Softify Technologies 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.
Board of Directors of Softify Technologies Private Limited
Softify Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandhya Movva | Managing Director | 08 May 2019 | 7 Years 5 Months | Current |
| Shaik Shaheen | Director | 31 Jan 2023 | 3 Years 8 Months | Current |
Peer Comparison of Softify Technologies Private Limited
Softify Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eurotec Engineering Solutions Private Limited | ₹4.82 Cr (FY 2024) | •••• | •••• | 3005468.0% | •••• | Mumbai, Maharashtra, India |
| Vapronix Web Private Limited | ₹4.82 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Sahibabad, Uttar Pradesh, India |
| Datamagnet Transtech Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| GSC Technolabs Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Spunkads Media Private Limited | ₹4.81 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Softify Technologies Private Limited this company | ₹4.81 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Sras Shipping and Offshore Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Eminar Commerce Solutions Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Bangalore, Karnataka, India |
| Sumarg Education Resources Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | 1410.0% | •••• | New Delhi, Delhi, India |
| Ammbition Adeeb Management Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Wazirpurindarea, Delhi, India |
| Carvings Interior Consultants Private Limited | ₹4.81 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Softify Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Softify Technologies Private Limited
Softify Technologies Private Limited is audited by P S IYYENGAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P S IYYENGAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Softify Technologies 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 Softify Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2023 | Others | ₹2.57 Cr | Open |
| 08 May 2023 | Others | ₹2.25 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Softify Technologies Private Limited
Employment history and EPFO contributions of people linked to Softify Technologies.
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 Softify Technologies Private Limited
Softify Technologies Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Shaik Shaheen ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Softify Technologies 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 Softify Technologies 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 Softify Technologies 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 Softify Technologies Private Limited
Softify Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABBCS8247A1ZH | Telangana | Active | 10 May 2019 |
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 Softify Technologies 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 Softify Technologies Private Limited
Softify Technologies 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 28 March 2019 (7+ years old) and is registered under CIN U72900TG2019PTC131653.
Softify Technologies reported revenue of ₹4.81 Cr for FY 2024 (down 8% YoY).
Softify Technologies has 2 current directors:
- Sandhya Movva - Managing Director
- Shaik Shaheen - Director
Softify Technologies reported a net profit of ₹95.18 Lakh (net margin 19.8%) and EBITDA of ₹1.65 Cr (EBITDA margin 34.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Softify Technologies is 28% over three years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Softify Technologies is 36ABBCS8247A1ZH, registered in Telangana.
The CIN (Corporate Identification Number) of Softify Technologies is U72900TG2019PTC131653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Softify Technologies was incorporated on 28 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Softify Technologies by revenue are Eurotec Engineering Solutions Private Limited, Vapronix Web Private Limited, Datamagnet Transtech Private Limited, GSC Technolabs Private Limited, Spunkads Media Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Shaik Shaheen ceased to be Additional Director on 29 Sep 2023. Shaik Shaheen was appointed as Director on 31 Jan 2023. Sanjani Arutla ceased to be Additional Director on 30 Nov 2021. Softify Technologies has 6 board changes on record in total.
Softify Technologies can be reached through the website softifytec.com. Its registered office is in Hyderabad, Telangana, India.