MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0012081
Market Cap
₹770 Cr
SRIT · BSE
Share Price
₹119.85
+4.99% today
Revenue
₹450 Cr
FY 2025-26 · +15.6% YoY
EBITDA
₹64.77 Cr
Margin 14.4%
Net Profit
₹43.26 Cr
FY 2025-26 · +28.5% YoY
P/E (TTM)
17.0x
P/B 1.8x
ROE
30.2%
ROCE 25.9%
Debt / Equity
0.37
Interest cover 24.5x
About Srit India Limited
Data last updated:
Srit India Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1999PLC025692. Its GSTIN is 29AAECS6273N1ZM (Karnataka). The company holds 10 GST registrations, of which 5 are active. Its shares are listed on BSE: 544965 and NSE: SRIT.
The company has an authorised share capital of ₹155.15 Cr and a paid-up capital of ₹23.74 Cr. It was formerly known as Sobha Renaissance Information Technology Private Limited. It is led by directors including Nambiar Raghavan Madhusoodan (Managing Director) and Martin Poovakulam Chacko (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Srit House #113/1B Itpl Main Road Kundalahalli, Bangalore, Karnataka, India – 560037.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹450 Cr, a growth of 15.6% compared to the previous year. For the same year it recorded a net profit of ₹43.26 Cr (net margin 9.6%) and EBITDA of ₹64.77 Cr (EBITDA margin 14.4%). The net worth stands at ₹193.28 Cr (up 107.4% YoY). Total assets are valued at ₹283.89 Cr (up 14.2% YoY).
The company has about 148 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: SRIT Healthcare. As per MCA filings, the company has open charges of ₹66.16 Cr and satisfied charges of ₹173.45 Cr on record. Court records list 34 cases involving the company, including 24 filed by the company and 7 filed against it; 6 cases are pending. The company has 10 deals on record (7 secondary share transfers, 1 funding round, 1 ipo), with disclosed funding of ₹13.34 Cr; the latest was in September 2026. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Bentley Systems India Private Limited with revenue of ₹385.98 Cr.
Srit India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0012081). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sritindia.online.
Company Details of Srit India Limited
CIN U72200KA1999PLC025692
Registration Number 025692
Incorporation Date 09 September 1999
ROC Bangalore
Listing Status Listed (BSE: 544965, NSE: SRIT)
Company Status Active
Date of Last AGM 25 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0012081
Name History of Srit India Limited
Srit India has undergone 2 name changes throughout its history. The company was previously known as Sobha Renaissance Information Technology Private Limited, and Srit India Limited. The current legal name is Srit India Limited.
| Company Name | Status |
|---|---|
| Srit India Limited | Current |
| Sobha Renaissance Information Technology Private Limited | Previous |
CIN History of Srit India Limited
Srit India has one previous CIN (Corporate Identification Number): U72200KA1999PTC025692. The current CIN is U72200KA1999PLC025692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA1999PLC025692 | Current |
| U72200KA1999PTC025692 | Previous |
Key People
Nambiar Raghavan Madhusoodan Managing Director Martin Poovakulam Chacko Whole-Time Director Prasaktha Nambiar Whole-Time Director Recognitions & Rankings of Srit India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSrit House #113/1B Itpl Main Road Kundalahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
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Associated Brands with Srit India Limited
Srit India operates one associated brand: SRIT Healthcare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manages healthcare software for hospitals and institutions worldwide efficiently. | srithealthcare.com |
Business Activity of Srit India Limited
The main business activity of Srit 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 |
Premium access
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 Srit India Limited FY 2025-26 filings available
Srit India Limited reported revenue of ₹450 Cr (up 15.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹450 Cr
+15.6% YoY
EBITDA
₹64.77 Cr
+30.0% YoY
Profit After Tax
₹43.26 Cr
+28.5% YoY
Net Worth
₹193 Cr
+107.4% YoY
Total Assets
₹284 Cr
+14.2% YoY
Total Debt
₹44.81 Cr
-27.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 450 | 389 | 250 | 153 | 196 | 211 |
| Revenue growth | +15.6% | +55.8% | +63.1% | -21.7% | -7.0% | - |
| EBITDA | 64.77 | 49.81 | 26.83 | 23.15 | 13.83 | 15.70 |
| EBITDA margin | +14.4% | +12.8% | +10.7% | +15.1% | +7.1% | +7.5% |
| Profit before tax | 54.95 | 46.20 | 27.12 | 80.71 | 13.01 | 14.74 |
| Net profit | 43.26 | 33.66 | 19.10 | 73.29 | 6.49 | 10.45 |
| Net profit margin | +9.6% | +8.7% | +7.6% | +47.8% | +3.3% | +5.0% |
| EPS (₹) | 9.12 | 8.32 | 7.09 | 27.21 | 2.41 | 7.69 |
| Balance sheet | ||||||
| Total assets | 284 | 249 | 109 | 83.41 | 98.21 | 107 |
| Net worth | 193 | 93.17 | 80.56 | 61.44 | 22.03 | 20.42 |
| Total debt | 44.81 | 61.84 | 24.12 | 17.27 | 72.16 | 81.56 |
| Cash & bank | 21.69 | 18.90 | 24.29 | 3.46 | 2.05 | 4.08 |
| Net working capital | 168 | 94.91 | 63.69 | 54.39 | 47.04 | 28.96 |
| Cash flow | ||||||
| Cash from operations | (12.10) | 17.97 | - | 11.73 | (2.62) | 2.48 |
| Cash from investing | (31.46) | (26.96) | - | (10.88) | (0.65) | (0.84) |
| Cash from financing | 33.71 | 0.29 | - | 0.56 | 1.24 | (1.42) |
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 358 | 245 | 150 | 194 | 202 |
| Revenue growth | +46.0% | +63.3% | -22.5% | -3.9% | - |
| EBITDA | 39.40 | 27.85 | 21.37 | 11.24 | 8.58 |
| EBITDA margin | +11.0% | +11.4% | +14.2% | +5.8% | +4.3% |
| Profit before tax | 39.77 | 28.09 | 78.98 | 16.88 | 11.27 |
| Net profit | 30.92 | 20.61 | 72.52 | 11.37 | 8.31 |
| Net profit margin | +8.7% | +8.4% | +48.3% | +5.9% | +4.1% |
| EPS (₹) | 7.38 | 7.65 | 26.92 | 4.23 | 6.13 |
| Balance sheet | |||||
| Total assets | 142 | 99.24 | 70.03 | 86.50 | 91.01 |
| Net worth | 83.60 | 74.54 | 53.93 | 15.31 | 8.77 |
| Total debt | 50.80 | 22.75 | 14.24 | 69.77 | 80.31 |
| Cash & bank | 15.19 | 23.34 | 1.78 | 0.39 | 2.98 |
| Net working capital | 57.12 | 51.84 | 41.25 | 35.43 | 13.95 |
| Cash flow | |||||
| Cash from operations | 3.92 | 26.76 | 11.76 | (5.60) | (0.59) |
| Cash from investing | (17.52) | (11.00) | (10.43) | 0.24 | (0.20) |
| Cash from financing | 5.45 | 5.80 | 0.06 | 2.77 | 0.26 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 450 | 389 | 250 | 153 | 196 | 211 |
| Revenue growth | +15.6% | +55.8% | +63.1% | -21.7% | -7.0% | - |
| Other income | 12.54 | 11.16 | 4.39 | 60.06 | 1.55 | 1.76 |
| Total expenses | 385 | 340 | 223 | 130 | 182 | 195 |
| Employee cost | 39.56 | 35.15 | 31.12 | 23.80 | 29.27 | 27.01 |
| EBITDA | 64.77 | 49.81 | 26.83 | 23.15 | 13.83 | 15.70 |
| EBITDA margin | +14.4% | +12.8% | +10.7% | +15.1% | +7.1% | +7.5% |
| Depreciation | 8.60 | 2.74 | 0.92 | 0.92 | 1.03 | 1.09 |
| Interest | 13.76 | 12.03 | 3.18 | 1.58 | 1.34 | 1.63 |
| Profit before tax | 54.95 | 46.20 | 27.12 | 80.71 | 13.01 | 14.74 |
| Tax | 11.66 | 12.59 | 8.29 | 7.40 | 6.46 | 4.21 |
| Net profit | 43.26 | 33.66 | 19.10 | 73.29 | 6.49 | 10.45 |
| Net profit margin | +9.6% | +8.7% | +7.6% | +47.8% | +3.3% | +5.0% |
| EPS (₹) | 9.12 | 8.32 | 7.09 | 27.21 | 2.41 | 7.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 23.74 | 20.24 | 26.95 | 26.95 | 26.95 | 13.60 |
| Reserves & surplus | 170 | 72.93 | 53.61 | 34.49 | (4.92) | 6.82 |
| Shareholders' funds (net worth) | 193 | 93.17 | 80.56 | 61.44 | 22.03 | 20.42 |
| Minority interest | 0.57 | 0.58 | 1.22 | 1.49 | 1.50 | 1.20 |
| Secured loans | 18.29 | 5.46 | 10.30 | 14.72 | 12.71 | 8.42 |
| Unsecured loans | 26.52 | 56.38 | 13.82 | 2.55 | 59.45 | 73.14 |
| Total debt | 44.81 | 61.84 | 24.12 | 17.27 | 72.16 | 81.56 |
| Total liabilities | 284 | 249 | 109 | 83.41 | 98.21 | 107 |
| Assets | ||||||
| Gross block | 57.92 | 23.41 | 226 | 225 | 225 | 224 |
| Net block | 42.39 | 16.24 | 2.48 | 2.37 | 36.55 | 55.05 |
| Capital work in progress | 8.66 | 28.32 | 20.43 | 11.13 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.00 |
| Inventories | 0.00 | 0.00 | 48.70 | 34.04 | 23.06 | 17.92 |
| Sundry debtors | 235 | 197 | 318 | 288 | 272 | 167 |
| Cash & bank balances | 21.69 | 18.90 | 24.29 | 3.46 | 2.05 | 4.08 |
| Loans & advances | 242 | 127 | 11.22 | 15.21 | 19.46 | 4.95 |
| Total current assets | 498 | 343 | 402 | 340 | 316 | 194 |
| Total current liabilities | 330 | 248 | 339 | 286 | 269 | 165 |
| Net working capital | 168 | 94.91 | 63.69 | 54.39 | 47.04 | 28.96 |
| Total assets | 284 | 249 | 109 | 83.41 | 98.21 | 107 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 15.44 | 24.14 | - | 2.05 | 4.08 | 3.86 |
| Net cash from operating activities | (12.10) | 17.97 | - | 11.73 | (2.62) | 2.48 |
| Net cash from investing activities | (31.46) | (26.96) | - | (10.88) | (0.65) | (0.84) |
| Net cash from financing activities | 33.71 | 0.29 | - | 0.56 | 1.24 | (1.42) |
| Net change in cash | (9.85) | (8.71) | - | 1.41 | (2.03) | 0.22 |
| Closing cash | 21.69 | 18.90 | - | 3.46 | 2.05 | 4.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +15.6% | +55.8% | +63.1% | -21.7% | -7.0% | - |
| EBITDA growth | +30.0% | +85.7% | +15.9% | +67.4% | -11.9% | - |
| PBT growth | +18.9% | +70.4% | -66.4% | +520.4% | -11.7% | +9997.0% |
| Net income growth | +28.5% | +76.2% | -73.9% | +1029.3% | -37.9% | - |
| Revenue CAGR (3Y) | +43.2% | +25.8% | +5.9% | - | - | - |
| EBITDA CAGR (3Y) | +40.9% | +53.3% | +19.6% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +9.6% | +8.6% | +7.5% | +47.8% | +3.4% | +5.0% |
| Return on capital employed | +25.9% | +32.7% | +31.8% | +89.2% | +14.2% | +16.4% |
| Return on net worth | +30.2% | +38.6% | +26.5% | +164.0% | +31.1% | +73.0% |
| Debt / equity | 0.37 | 0.49 | 0.29 | 1.79 | 0.00 | 0.00 |
| Long-term debt / equity | 0.13 | 0.11 | 0.02 | 0.09 | 0.00 | 0.00 |
| Interest cover | 24.50 | 25.56 | 12.27 | 7.11 | 10.47 | 11.16 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 11.07 | 3.12 | 1.11 | 0.74 | 1.08 | 1.22 |
| Inventory turnover | 0.00 | 15.99 | 6.04 | 5.37 | 9.55 | 11.75 |
| Debtors turnover | 2.09 | 1.51 | 0.83 | 0.55 | 0.89 | 1.26 |
| EPS (₹) | 9.12 | 8.32 | 7.09 | 27.21 | 2.41 | 7.69 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 40.71 | 23.02 | 29.98 | 22.89 | (4.33) | (23.17) |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Revenue | 358 | 245 | 150 | 194 | 202 |
| Revenue growth | +46.0% | +63.3% | -22.5% | -3.9% | - |
| Other income | 5.80 | 5.02 | 59.97 | 7.10 | 4.53 |
| Total expenses | 318 | 217 | 129 | 182 | 193 |
| Employee cost | 13.62 | 10.84 | 7.34 | 12.70 | 13.56 |
| EBITDA | 39.40 | 27.85 | 21.37 | 11.24 | 8.58 |
| EBITDA margin | +11.0% | +11.4% | +14.2% | +5.8% | +4.3% |
| Depreciation | 1.32 | 0.32 | 0.25 | 0.24 | 0.27 |
| Interest | 4.11 | 4.46 | 2.11 | 1.22 | 1.57 |
| Profit before tax | 39.77 | 28.09 | 78.98 | 16.88 | 11.27 |
| Tax | 9.90 | 7.48 | 6.46 | 5.48 | 2.94 |
| Net profit | 30.92 | 20.61 | 72.52 | 11.37 | 8.31 |
| Net profit margin | +8.7% | +8.4% | +48.3% | +5.9% | +4.1% |
| EPS (₹) | 7.38 | 7.65 | 26.92 | 4.23 | 6.13 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 20.23 | 26.95 | 26.95 | 26.95 | 13.60 |
| Reserves & surplus | 63.37 | 47.59 | 26.98 | (11.64) | (4.83) |
| Shareholders' funds (net worth) | 83.60 | 74.54 | 53.93 | 15.31 | 8.77 |
| Secured loans | 21.82 | 22.75 | 5.77 | 6.10 | 6.26 |
| Unsecured loans | 28.98 | 0.00 | 8.47 | 63.67 | 74.05 |
| Total debt | 50.80 | 22.75 | 14.24 | 69.77 | 80.31 |
| Total liabilities | 142 | 99.24 | 70.03 | 86.50 | 91.01 |
| Assets | |||||
| Gross block | 223 | 216 | 184 | 212 | 211 |
| Net block | 11.71 | 1.36 | 0.84 | 34.97 | 53.12 |
| Capital work in progress | 28.32 | 22.09 | 11.13 | 0.00 | 0.00 |
| Investments | 0.02 | 1.27 | 1.31 | 1.31 | 1.66 |
| Inventories | 65.41 | 36.58 | 29.42 | 17.42 | 16.24 |
| Sundry debtors | 294 | 317 | 285 | 274 | 167 |
| Cash & bank balances | 15.19 | 23.34 | 1.78 | 0.39 | 2.98 |
| Loans & advances | 20.71 | 9.26 | 13.13 | 15.71 | 2.38 |
| Total current assets | 395 | 386 | 330 | 308 | 188 |
| Total current liabilities | 338 | 334 | 288 | 272 | 174 |
| Net working capital | 57.12 | 51.84 | 41.25 | 35.43 | 13.95 |
| Total assets | 142 | 99.24 | 70.03 | 86.50 | 91.01 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Opening cash | 23.34 | 1.78 | 0.39 | 2.98 | 3.51 |
| Net cash from operating activities | 3.92 | 26.76 | 11.76 | (5.60) | (0.59) |
| Net cash from investing activities | (17.52) | (11.00) | (10.43) | 0.24 | (0.20) |
| Net cash from financing activities | 5.45 | 5.80 | 0.06 | 2.77 | 0.26 |
| Net change in cash | (8.15) | 21.56 | 1.39 | (2.59) | (0.53) |
| Closing cash | 15.19 | 23.34 | 1.78 | 0.39 | 2.98 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +46.0% | +63.3% | -22.5% | -3.9% | - |
| EBITDA growth | +41.5% | +30.3% | +90.1% | +31.0% | - |
| PBT growth | +41.6% | -64.4% | +367.9% | +49.8% | +9997.0% |
| Net income growth | +50.0% | -71.6% | +537.8% | +36.8% | - |
| Revenue CAGR (3Y) | +22.7% | +6.7% | - | - | - |
| EBITDA CAGR (3Y) | +51.9% | +48.1% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +8.4% | +8.4% | +48.3% | +5.9% | +4.1% |
| Return on capital employed | +36.3% | +38.5% | +96.4% | +18.7% | +13.4% |
| Return on net worth | +37.8% | +32.1% | +179.2% | +56.1% | +61.0% |
| Debt / equity | 0.47 | 0.29 | 2.38 | 0.00 | 0.00 |
| Long-term debt / equity | 0.25 | 0.18 | 0.36 | 0.00 | 0.00 |
| Interest cover | 10.79 | 16.20 | 9.99 | 11.09 | 18.89 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.63 | 1.23 | 0.83 | 1.15 | 1.27 |
| Inventory turnover | 7.01 | 7.42 | 6.41 | 11.51 | 12.42 |
| Debtors turnover | 1.17 | 0.81 | 0.54 | 0.88 | 1.21 |
| EPS (₹) | 7.38 | 7.65 | 26.92 | 4.23 | 6.13 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 20.66 | 27.66 | 20.01 | (6.91) | (31.88) |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Srit India Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Srit India Limited
Srit India has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthick Varadarajan Also directs: K3 Corporate Solutions Private Limited | Director | 28 Apr 2025 | 1 Years 5 Months | Current |
| Thiruvengadam Ashok Also directs: Pivotrics Technologies LLP, Stag Software Private Limited | Additional Director | 25 Jul 2025 | 1 Years 2 Months | Current |
| Martin Poovakulam Chacko Also directs: Rict India Private Limited, Ojus Healthcare Private Limited | Whole-Time Director | 06 Jul 2019 | 7 Years 3 Months | Current |
| Rangan Thiyagarajan Also directs: Rict India Private Limited | Director | 28 Apr 2025 | 1 Years 5 Months | Current |
| Nambiar Raghavan Madhusoodan Also directs: Sharp and Turner LLP, Srit Life Sciences LLP | Managing Director | 15 Sep 1999 | 27 Years 1 Months | Current |
| Prasaktha Nambiar | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer Comparison of Srit India Limited
Srit India Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srit India Limited this company | ₹450 Cr (FY 2026) | •••• | •••• | 15.6% | •••• | Bangalore, Karnataka, India |
| Bentley Systems India Private Limited | ₹385.98 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Automation Anywhere Software Private Limited | ₹382.76 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Vadodara, Gujarat, India |
| Ni Systems (India) Private Limited | ₹382.1 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Awave Semiconductor India Private Limited | ₹376.51 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Bangalore, Karnataka, India |
| Embitel Technologies (India) Private Limited | ₹374.13 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Kla-Tencor Software India Private Limited | ₹371.48 Cr (FY 2022) | •••• | •••• | 46.0% | •••• | Kandanchavadi, Tamil Nadu, India |
| Mobileum (India) Private Limited | ₹361.54 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Trigent Software Private Limited | ₹360.19 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Allscripts (India) Private Limited | ₹358.9 Cr (FY 2016) | •••• | •••• | 3.0% | •••• | Vadodara, Gujarat, India |
| Envestnet Asset Management India Private Limited | ₹355.09 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Srit India by revenue in the Information Technology industry (Application Development), 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 Srit India Limited
Srit India Limited is audited by SETHIA PRABHAD HEGDE AND CO for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SETHIA PRABHAD HEGDE AND CO | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Srit India Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Srit India Limited
Open charges
₹66.16 Cr
Satisfied charges
₹173.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2025 | State Bank of India | ₹65.33 Cr | Open |
| 17 May 2025 | Others | ₹12.5 Lakh | Open |
| 05 Oct 2024 | Others | ₹70.21 Lakh | Open |
| 26 Aug 2025 | Others | ₹5 Cr | Satisfied |
| 24 Mar 2025 | Others | ₹10 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Srit India Limited
Srit India Limited has 10 deals on record (7 secondary share transfers, 1 funding round, 1 ipo), with disclosed funding of ₹13.34 Cr; the latest was in September 2026.
Total deals
10
Secondary share transfers
7
Funding round
1
IPO
1
Acquisition
1
Disclosed funding
₹13.34 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | IPO | ₹218.4 Cr | Investors: Saint Capital Fund, Founders Collective Fund, Holani Venture Capital Fund |
| Mar 2022 | Funding round | ₹13.34 Cr | Investors: 3 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sobha Limited |
| Mar 2010 | Acquisition | Undisclosed | Buyer: Dion Global Solutions Limited Seller: Srit India Limited |
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Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Srit India Limited
Srit India Limited has 34 court cases on record: 24 filed by Srit India, 7 filed against it, 3 where it is another party. 6 cases are pending and 28 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Total cases
34
Filed by the company
24
Filed against the company
7
Pending
6
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 3 |
| High courts | 15 | 1 | 3 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Esyasoft Technologies Private Limited | Disposed |
| High Court of Karnataka | Arbitration matter | Filed by the company against Whale Cloud Technology India Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Whale Cloud Technology India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Whale Cloud Technology India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Whale Cloud Technology India Private Limited | Disposed |
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Full case history
All 34 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Srit India Limited
Srit India Limited has a workforce of 148 employees as of Dec 06, 2025.
Employee count
148
Active EPFO establishments
1
Employee growth
-7.5%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Srit India Limited
Srit India has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Srit Healthcare Solutions Private Limited | U72200KA2007PTC043040 | - |
| Rict India Private Limited | U72200KA2010PTC053011 | - |
| Srit Enterprise Solutions Private Limited | U85110KA1999PTC024794 | - |
Showing major subsidiaries. Total: 3.
Recent Activity on Srit India Limited
Srit India Limited has 20 board changes on record since 1999: 9 appointments and 11 cessations. The latest: Suresh Balachandran Menon was appointed as Additional Director on 10 Dec 2025.
Charges
A charge registered on 26 Aug 2025 via Charge ID 101156932 with Others was fully satisfied on 24 Dec 2025.
Charges
A charge registered on 24 Mar 2025 via Charge ID 101073475 with Others was fully satisfied on 24 Dec 2025.
Appointed
Suresh Balachandran Menon was appointed as Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 65.33 Cr with Charge ID 101203210 was registered on 24 Nov 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101156932 was registered on 26 Aug 2025.
AGM
Srit India Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Appointed
Thiruvengadam Ashok was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101109296 was registered on 17 May 2025.
Ceased
Girish Kumar Sadasivan ceased to be Additional Director.
Appointed
Girish Kumar Sadasivan was appointed as Director.
Appointed
Karthick Varadarajan was appointed as Director.
Ceased
Karthick Varadarajan ceased to be Additional Director.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Srit India Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Srit India Limited
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MSME payment history
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Subsidiaries & Group Companies of Srit India Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Srit India Limited
Srit India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
5
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS6273N1ZM | Karnataka | Active | 01 Jul 2017 |
| 32AAECS6273N1ZZ | Kerala | Active | 26 Dec 2019 |
| 37AAECS6273N1ZP | Andhra Pradesh | Active | 01 Jan 2021 |
| 23AAECS6273N1ZY | Madhya Pradesh | Active | 06 Dec 2023 |
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GST registrations and filing compliance
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MCA Filings & Documents of Srit India Limited
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MCA filings and documents
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Related news about Srit India Limited
Frequently Asked Questions about Srit India Limited
Srit India is an active public limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 September 1999 (27+ years old) and is registered under CIN U72200KA1999PLC025692. Listed on BSE: 544965 and NSE: SRIT.
Srit India reported revenue of ₹450 Cr for FY 2025-26 (up 15.6% YoY) based on consolidated financials.
Srit India has 8 current directors:
- Nambiar Raghavan Madhusoodan - Managing Director
- Martin Poovakulam Chacko - Whole-Time Director
- Prasaktha Nambiar - Whole-Time Director
- Karthick Varadarajan - Director
- Thiruvengadam Ashok - Additional Director
- Rangan Thiyagarajan - Director
- Ramachandran Ravichandran - Director
- Suresh Balachandran Menon - Additional Director
The GSTIN of Srit India is 29AAECS6273N1ZM, registered in Karnataka. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 32AAECS6273N1ZZ (Kerala), 37AAECS6273N1ZP (Andhra Pradesh), 23AAECS6273N1ZY (Madhya Pradesh).
The CIN (Corporate Identification Number) of Srit India is U72200KA1999PLC025692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Srit India is listed on both BSE (code: 544965) and NSE (symbol: SRIT).
Srit India has 34 court cases on record: 24 filed by the company and 7 filed against it. 6 are pending. Most are in the district courts.
Srit India was incorporated on 09 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Srit India has 10 deals on record (7 secondary share transfers, 1 funding round, 1 ipo), with disclosed funding of ₹13.34 Cr; the latest was in September 2026.
The peers of Srit India by revenue are Bentley Systems India Private Limited, Automation Anywhere Software Private Limited, Ni Systems (India) Private Limited, Awave Semiconductor India Private Limited, Embitel Technologies (India) Private Limited and 5 more, all in the Information Technology industry (Application Development).
Suresh Balachandran Menon was appointed as Additional Director on 10 Dec 2025. Thiruvengadam Ashok was appointed as Additional Director on 25 Jul 2025. Girish Kumar Sadasivan ceased to be Additional Director on 02 May 2025. Srit India has 20 board changes on record in total.