DPIIT recognised startup Government of India
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Sqtit Services Private Limited
Sqtit Services Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.05 Lakh
▲ 75% YoY
Net loss · FY 2024
₹4.57 Lakh
Net margin -17.6%
EBITDA · FY 2024
-₹4.54 Lakh
EBITDA margin -17.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sqtit Services Private Limited
Data last updated:
Sqtit Services Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC145393. Its GSTIN is 36AAKCR5623D1ZF (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkata Ramanjaneyulu Kovi and Hari Babu.
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 Flat No G – 2 Plot 113rd No. 4 Deepthi Srinagar Colony, Hyderabad, Telangana, India – 500050.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.05 Lakh, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹4.57 Lakh (net margin -17.6%) and EBITDA of -₹4.54 Lakh (EBITDA margin -17.4%). Revenue has grown at a compounded annual rate (CAGR) of 432% over three years.
Company details
CIN U72900TG2020PTC145393
Registration Number 145393
Incorporation Date 29 October 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Sqtit Services
Contact details
Sqtit Services Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No G – 2 Plot 113rd No. 4 Deepthi Srinagar Colony, Hyderabad, Telangana, India – 500050
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Sqtit Services Private Limited, buy the company report.
Comprehensive company report
Sqtit Services Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Sqtit Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Sqtit Services Private Limited, buy the company report.
Financials of Sqtit Services Private Limited
FY 2025 filings availableSqtit Services Private Limited reported revenue of ₹26.05 Lakh (up 75% YoY) for FY 2024.
Revenue · FY 2024
₹26.05 Lakh ▲ 75%
Net loss · FY 2024
₹4.57 Lakh margin -17.6%
EBITDA · FY 2024
-₹4.54 Lakh margin -17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 432%
EBITDA CAGR growth
1 year
▼ 645%
3 years · compounded
▼ 630%
Revenue has grown at a compounded annual rate (CAGR) of 432% over three years, including 75% growth in the latest year. EBITDA fell 645% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.57 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.4% | |||
| Net Profit Margin | -17.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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To see the full financial statements and ratios of Sqtit Services Private Limited, buy the company report.
Board of directors of Sqtit Services Private Limited
Sqtit Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Ramanjaneyulu Kovi | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
| Hari Babu | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
Peer comparison
Sqtit Services Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proptimise Technology Private Limited | ₹26.09 Lakh (FY 2025) | 31.0% | Jaipur, Rajasthan, India | |||
| Augtra Technologies India Private Limited | ₹26.08 Lakh (FY 2024) | 18.0% | Coimbatore, Tamil Nadu, India | |||
| Solutionaver Infotech Private Limited | ₹26.08 Lakh (FY 2025) | -8.0% | Kota, Rajasthan, India | |||
| Sqtit Services Private Limitedthis company | ₹26.05 Lakh (FY 2024) | -₹4.57 Lakh | -17.6% | 75.0% | Hyderabad, Telangana, India | |
| We3 Professionals Private Limited | ₹26.05 Lakh (FY 2019) | -50.0% | Delhi, India | |||
| Rencetech Solutions Private Limited | ₹26.05 Lakh (FY 2024) | -64.0% | Gurugram, Haryana, India | |||
| Esilicon Technodesign Private Limited | ₹26.05 Lakh (FY 2023) | -5.0% | Bangalore, Karnataka, India | |||
| Xten Networks India Private Limited | ₹26.04 Lakh (FY 2025) | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sqtit Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sqtit Services 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 Sqtit Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sqtit Services Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
Active EPFO establishments
1
GST
Sqtit Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCR5623D1ZF | Telangana | Active | 26 Nov 2020 |
To see the full GST registrations and return filing status of Sqtit Services Private Limited, buy the company report.
Recent activity
Sqtit Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Hari Babu was appointed as Director on 29 Oct 2020.
AGM
Sqtit Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sqtit Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Hari Babu was appointed as Director.
Appointed
Venkata Ramanjaneyulu Kovi was appointed as Director.
Incorporation
29 Oct 2020
Sqtit Services Private Limited was registered on 29 Oct 2020 with Roc Hyderabad & aged 5 years 11 months as per MCA records.
Frequently asked questions
Sqtit Services 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 29 October 2020 (6+ years old) and is registered under CIN U72900TG2020PTC145393.
Sqtit Services has 2 current directors:
- Venkata Ramanjaneyulu Kovi - Director
- Hari Babu - Director
The latest financial statements of Sqtit Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Sqtit Services is 36AAKCR5623D1ZF, registered in Telangana.
The CIN (Corporate Identification Number) of Sqtit Services is U72900TG2020PTC145393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sqtit Services was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sqtit Services by revenue are Proptimise Technology Private Limited, Augtra Technologies India Private Limited, Solutionaver Infotech Private Limited, We3 Professionals Private Limited, Rencetech Solutions Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Hari Babu was appointed as Director on 29 Oct 2020. Venkata Ramanjaneyulu Kovi was appointed as Director on 29 Oct 2020.
Yes, Sqtit Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Sqtit Services is at Flat No G – 2 Plot 113rd No. 4 Deepthi Srinagar Colony, Hyderabad, Telangana, India – 500050.
Sqtit Services operates in the information technology industry, in the other computer related activities segment.