About Software Pundits (India) Private Limited
Data last updated:
Software Pundits (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1996PTC052271. Its GSTIN is 29AAFCS8528P1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.67 Lakh. It is led by directors Durgaprasad Nannapaneni Rao and Srilakshmi Nannapaneni Rao.
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 42 High Street 775 2nd Floor 100 Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.02 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Cr (net margin -4.6%) and EBITDA of -₹1.21 Cr (EBITDA margin -4.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 84% over five years.
The company has about 173 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 pundits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address42 High Street 775 2nd Floor 100 Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- 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 Software Pundits (India) Private Limited
The main business activity of Software Pundits (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Software Pundits (India) Private Limited FY 2024 filings available
Software Pundits (India) Private Limited reported revenue of ₹29.02 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Software Pundits (India) Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA fell 51% 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 Software Pundits (India) 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 | -₹1.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.32 Cr | •••• | •••• | •••• | •••• |
| 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 Software Pundits (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Software Pundits (India) are in the company report.
Financial statements from 2015
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 Software Pundits (India) Private Limited
Software Pundits (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intellicon Private Limited | ₹29.33 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Gandhinagar, Gujarat, India |
| Zilogic Systems Private Limited | ₹29.06 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Chennai, Tamil Nadu, India |
| Inos Technologies Private Limited | ₹29.06 Cr (FY 2024) | •••• | •••• | 105.0% | •••• | Ahmedabad, Gujarat, India |
| Chelsio Communications Private Limited | ₹29.06 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Personiv Contact Centers India Private Limited | ₹29.05 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
| Software Pundits (India) Private Limited this company | ₹29.02 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Bankai Informatics Private Limited | ₹28.81 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Ahmedabad, Gujarat, India |
| Interactive Solutions India Private Limited | ₹28.79 Cr (FY 2025) | •••• | •••• | 225.0% | •••• | New Delhi, Delhi, India |
| Caliber Interconnect Solutions Private Limited | ₹28.73 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Coimbatore, Tamil Nadu, India |
| Advent Global Solutions Private Limited | ₹28.71 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Telangana, India |
| Bhilwara Infotechnology Limited | ₹28.71 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Software Pundits (India) by revenue in the Information Technology industry (IT Consulting and Services), 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 Software Pundits (India) Private Limited
Software Pundits (India) Private Limited is audited by M N REDDY & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N REDDY & ASSOCIATES | 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.
Board of Directors of Software Pundits (India) Private Limited
Software Pundits (India) 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 |
|---|---|---|---|---|
| Durgaprasad Nannapaneni Rao | Director | 12 Jun 2000 | 26 Years 3 Months | Current |
| Srilakshmi Nannapaneni Rao | Director | 03 Apr 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Software Pundits (India) 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 Software Pundits (India) Private Limited
Software Pundits (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Software Pundits (India) Private Limited
Software Pundits (India) Private Limited has a workforce of 173 employees as of Apr 09, 2024.
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.
CIN History of Software Pundits (India) Private Limited
Software Pundits (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200KA1996PTC052271, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA1996PTC052271 | Current |
| L72200AP1996PTC024302 | Previous |
| U72200AP1996PTC024302 | Previous |
Recent Activity on Software Pundits (India) Private Limited
Software Pundits (India) Private Limited has 7 board changes on record since 2000: 2 appointments and 5 cessations. The latest: Srilakshmi Nannapaneni Rao ceased to be Additional Director on 30 Sep 2011.
Credit Ratings, Litigation & Regulatory Alerts for Software Pundits (India) 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 Software Pundits (India) 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 Software Pundits (India) 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 Software Pundits (India) Private Limited
Software Pundits (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS8528P1ZF | Karnataka | Active | 21 Nov 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 Software Pundits (India) 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 Software Pundits (India) Private Limited
Software Pundits (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 June 1996 (30+ years old) and is registered under CIN U72200KA1996PTC052271.
Software Pundits (India) reported revenue of ₹29.02 Cr for FY 2024 (down 9% YoY).
Software Pundits (India) has 2 current directors:
- Durgaprasad Nannapaneni Rao - Director
- Srilakshmi Nannapaneni Rao - Director
Software Pundits (India) reported a net loss of ₹1.32 Cr (net margin -4.6%) and EBITDA of -₹1.21 Cr (EBITDA margin -4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Software Pundits (India) is 29% over three years and 84% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Software Pundits (India) is 29AAFCS8528P1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Software Pundits (India) is U72200KA1996PTC052271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Software Pundits (India) was incorporated on 10 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Software Pundits (India) by revenue are Intellicon Private Limited, Zilogic Systems Private Limited, Inos Technologies Private Limited, Chelsio Communications Private Limited, Personiv Contact Centers India Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Srilakshmi Nannapaneni Rao ceased to be Additional Director on 30 Sep 2011. Saba Nayagam Ganapathi ceased to be Director on 27 Aug 2009. Murali Krishna Reddy Adala ceased to be Director on 03 Apr 2009. Software Pundits (India) has 7 board changes on record in total.
Software Pundits (India) can be reached through the website pundits.com. Its registered office is in Bangalore, Karnataka, India.