Solit Software Systems Private Limited
About Solit Software Systems Private Limited
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Solit Software Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 12 January 2023.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2023PTC170374.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramchandrareddy Kesireddy and Kesireddy Vamshidhar Reddy.
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 Flat No – 101 P.No 75 & 76 Maruthi Majestic, Hyderabad, Telangana, India – 500035.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.96 Lakh. For the same year it recorded a net loss of ₹1.11 Lakh (net margin -4.6%) and EBITDA of -₹1.04 Lakh (EBITDA margin -4.3%).
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- Registered AddressFlat No – 101 P.No 75 & 76 Maruthi Majestic, Hyderabad, Telangana, India – 500035
- IndustryInformation Technology, Other Computer Related Activities
- 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 Solit Software Systems Private Limited
The main business activity of Solit Software Systems is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Solit Software Systems Private Limited FY 2024 filings available
Solit Software Systems Private Limited reported revenue of ₹23.96 Lakh for FY 2024.
Financial Statement Summary of Solit Software Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹1.04 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹1.11 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 Solit Software Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.3% | •••• |
| 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 Solit Software Systems are in the company report.
Financial statements from FY 2023
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 Solit Software Systems Private Limited
Solit Software Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Faceoff Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Airdrive Smart Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Astro-Dowsing Private Limited | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
| Zero2a Learning Innovations Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Mannya Techno Solutions (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Solit Software Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Seva Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Bluequark Research and Consulting Private Limited | •••• | •••• | •••• | •••• | - | Rangareddy, Telangana, India |
| HMD Securities Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Optimum Logic Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Green World Projects Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Solit Software Systems by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Solit Software Systems Private Limited
Solit Software Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramchandrareddy Kesireddy Also directs: Treta IT Solutions Private Limited, Ardor IT Systems Private Limited, Ardor IT Solutions Private Limited and 1 more | Director | 12 Jan 2023 | 3 Years 8 Months | Current |
| Kesireddy Vamshidhar Reddy | Director | 12 Jan 2023 | 3 Years 8 Months | Current |
Charges & Borrowings of Solit Software Systems Private Limited
Solit Software Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solit Software Systems Private Limited
Employment history and EPFO contributions of people linked to Solit Software Systems.
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 Solit Software Systems Private Limited
Solit Software Systems Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Kesireddy Vamshidhar Reddy was appointed as Director on 12 Jan 2023.
Credit Ratings, Litigation & Regulatory Alerts for Solit Software Systems 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 Solit Software Systems 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 Solit Software Systems 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 Solit Software Systems Private Limited
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 Solit Software Systems 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 Solit Software Systems Private Limited
Solit Software Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 12 January 2023 (3+ years old) and is registered under CIN U72900TG2023PTC170374.
Solit Software Systems reported revenue of ₹23.96 Lakh for FY 2024.
Solit Software Systems has 2 current directors:
- Ramchandrareddy Kesireddy - Director
- Kesireddy Vamshidhar Reddy - Director
Solit Software Systems reported a net loss of ₹1.11 Lakh (net margin -4.6%) and EBITDA of -₹1.04 Lakh (EBITDA margin -4.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Solit Software Systems is U72900TG2023PTC170374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solit Software Systems was incorporated on 12 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Solit Software Systems by revenue are Faceoff Technologies Private Limited, Airdrive Smart Solutions Private Limited, Astro-Dowsing Private Limited, Zero2a Learning Innovations Private Limited, Mannya Techno Solutions (OPC) Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Kesireddy Vamshidhar Reddy was appointed as Director on 12 Jan 2023. Ramchandrareddy Kesireddy was appointed as Director on 12 Jan 2023.
The registered office of Solit Software Systems is at Flat No – 101 P.No 75 & 76 Maruthi Majestic, Hyderabad, Telangana, India – 500035.
Solit Software Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Solit Software Systems operates in the information technology industry, in the other computer related activities segment.