About Sphiro IT Services India Private Limited
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Sphiro IT Services India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC122521. Its GSTIN is 36AAZCS8954P1ZU (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shyamala Hari and Bhagawan Rao.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H.No:1 – 68/4 1 – 68/5 3rd Floor Arunodaya Colony Madhapur, Hyderabad, Telangana, India – 500050.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.64 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹3.42 Lakh (net margin -23.3%) and EBITDA of -₹2.64 Lakh (EBITDA margin -18%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
For more details, the company can be reached via its website sphiroit.com.
Company details
Contact details
Sphiro IT Services India Private Limited's registered office is in Hyderabad, Telangana. Its website is sphiroit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No:1 – 68/4 1 – 68/5 3rd Floor Arunodaya Colony Madhapur, Hyderabad, Telangana, India – 500050
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sphiro IT Services India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sphiro IT Services India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Sphiro IT Services India Private Limited, buy the company report.
Financials of Sphiro IT Services India Private Limited
FY 2023 filings availableSphiro IT Services India Private Limited reported revenue of ₹14.64 Lakh (down 67% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 67% fall in the latest year. EBITDA fell 151% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.64 Lakh | ||||
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| Net Profit (PAT) | -₹3.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -18% | ||||
| Net Profit Margin | -23.3% | ||||
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To see the full financial statements and ratios of Sphiro IT Services India Private Limited, buy the company report.
Board of directors of Sphiro IT Services India Private Limited
Sphiro IT Services India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamala Hari | Director | 24 Feb 2018 | 8 Years 8 Months | Current |
| Bhagawan Rao | Director | 24 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Sphiro IT Services India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bobblehead Technologies Private Limited | ₹14.65 Lakh (FY 2017) | 577.0% | Bangalore, Karnataka, India | |||
| Webkalakaar Software Private Limited | ₹14.65 Lakh (FY 2022) | Jaipur, Rajasthan, India | ||||
| Ragnar Trading Private Limited | ₹14.65 Lakh (FY 2023) | 241.0% | Bangalore, Karnataka, India | |||
| Starwinsky Network Concept Marketing Private Limited | ₹14.65 Lakh (FY 2019) | -30.0% | Karnal, Haryana, India | |||
| Lead Global Private Limited | ₹14.64 Lakh (FY 2025) | -43.0% | New Delhi, Delhi, India | |||
| Sphiro IT Services India Private Limitedthis company | ₹14.64 Lakh (FY 2023) | -₹3.42 Lakh | -23.3% | -67.0% | Hyderabad, Telangana, India | |
| Arpneet AI Technologies Private Limited | ₹14.64 Lakh (FY 2025) | 136.0% | Noida, Uttar Pradesh, India | |||
| Smart Tech AI Labs Private Limited | ₹14.64 Lakh (FY 2023) | Hyderabad, Telangana, India | ||||
| Dganalytica Private Limited | ₹14.63 Lakh (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Vindhas Glocal Tech Adventures Private Limited | ₹14.63 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Arcanon Technologies Private Limited | ₹14.63 Lakh (FY 2025) | -20.0% | Barasat, West Bengal, India |
To see the full peer comparison of Sphiro IT Services India Private Limited, buy the company report.
Auditor
Sphiro IT Services India Private Limited is audited by LEELA SUNDARAM & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LEELA SUNDARAM & CO | FY 2020 | 010309S |
Shareholding
The shareholding of Sphiro IT Services India Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sphiro IT Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sphiro IT Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sphiro IT Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sphiro IT Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAZCS8954P1ZU | Telangana | Active | 13 Aug 2018 |
To see the full GST registrations and return filing status of Sphiro IT Services India Private Limited, buy the company report.
Recent activity
Sphiro IT Services India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bhagawan Rao was appointed as Director on 24 Feb 2018.
Frequently asked questions
Sphiro IT Services India is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 February 2018 (8+ years old) and is registered under CIN U72900TG2018PTC122521.
Sphiro IT Services India has 2 current directors:
- Shyamala Hari - Director
- Bhagawan Rao - Director
The latest financial statements of Sphiro IT Services India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sphiro IT Services India is 36AAZCS8954P1ZU, registered in Telangana.
The CIN (Corporate Identification Number) of Sphiro IT Services India is U72900TG2018PTC122521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sphiro IT Services India was incorporated on 24 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sphiro IT Services India by revenue are Bobblehead Technologies Private Limited, Webkalakaar Software Private Limited, Ragnar Trading Private Limited, Starwinsky Network Concept Marketing Private Limited, Lead Global Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bhagawan Rao was appointed as Director on 24 Feb 2018. Shyamala Hari was appointed as Director on 24 Feb 2018.
Sphiro IT Services India can be reached through the website sphiroit.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Sphiro IT Services India is at H.No:1 – 684 1 – 685 3rd Floor Arunodaya Colony Madhapur, Hyderabad, Telangana, India – 500050.
Sphiro IT Services India operates in the information technology industry, in the application development and software solutions segment.
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