About Stratosphere IT Services Private Limited
Data last updated:
Stratosphere IT Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2012PTC085068. Its GSTIN is 36AASCS4946A3Z2 (Telangana). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rakesh Tummala and Srinivas Mullapudi.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.69 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 2.2%) and EBITDA of ₹6.69 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 691 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.99 Cr and satisfied charges of ₹32.19 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stratosphere.co.in.
CIN History of Stratosphere IT Services Private Limited
Stratosphere IT Services has one previous CIN (Corporate Identification Number): U72200AP2012PTC085068. The current CIN is U72200TG2012PTC085068, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2012PTC085068 | Current |
| U72200AP2012PTC085068 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No16 Survey No74 & 75, Jai Hind Gandhi Road Serilingampal, Hyderabad, Telangana, India – 500081
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Stratosphere IT Services Private Limited
The main business activity of Stratosphere IT Services 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 Stratosphere IT Services Private Limited FY 2024 filings available
Stratosphere IT Services Private Limited reported revenue of ₹50.69 Cr (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Stratosphere IT Services Private Limited
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 32% 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 Stratosphere IT Services 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 | ₹50.69 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.13 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 Stratosphere IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Stratosphere IT Services 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.
Board of Directors of Stratosphere IT Services Private Limited
Stratosphere IT Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Tummala | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Srinivas Mullapudi Also directs: Edumatrix Tech Solutions Private Limited | Director | 15 May 2019 | 7 Years 5 Months | Current |
| Satyavathi Vallabhaneni | Director | 28 Dec 2012 | 13 Years 9 Months | Current |
Peer Comparison of Stratosphere IT Services Private Limited
Stratosphere IT Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ans Labour Services Private Limited | ₹51.27 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Surya Teja Facilities Management Private Limited | ₹51.21 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hdyerabad, Telangana, India |
| Anlage Infotech (India) Private Limited | ₹51.06 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Rao Ideal Services Private Limited | ₹51.04 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Haad Services and Construction Private Limited | ₹50.88 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Lucknow, Uttar Pradesh, India |
| Stratosphere IT Services Private Limited this company | ₹50.69 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Hyderabad, Telangana, India |
| Kaamwork Technologies Private Limited | ₹50.49 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Mumbai, Maharashtra, India |
| Ma Facility Management and Services Private Limited | ₹50.31 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| BCS Consulting Private Limited | ₹50.12 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ashu HR Service Private Limited | ₹50.1 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Rohtak, Haryana, India |
| Gloval Management Consultants Private Limited | ₹50.06 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Stratosphere IT Services by revenue in the Outsourcing industry (HR Outsourcing), 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 Stratosphere IT Services Private Limited
Stratosphere IT Services Private Limited is audited by HRS & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HRS & 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.
Ownership and Shareholding of Stratosphere IT Services 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 Stratosphere IT Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | Others | ₹32.83 Cr | Open |
| 30 Mar 2024 | Hdfc Bank Limited | ₹20.1 Lakh | Open |
| 20 Oct 2021 | Axis Bank Limited | ₹4.96 Cr | Open |
| 30 Jun 2025 | Axis Bank Limited | ₹3.8 Cr | Satisfied |
| 19 Jun 2024 | Axis Bank Limited | ₹3.29 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Stratosphere IT Services Private Limited
Stratosphere IT Services Private Limited has a workforce of 691 employees as of Apr 06, 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.
Recent Activity on Stratosphere IT Services Private Limited
Stratosphere IT Services Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Srinivas Mullapudi was appointed as Director on 15 May 2019.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Stratosphere IT Services 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 Stratosphere IT Services 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 Stratosphere IT Services 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 Stratosphere IT Services Private Limited
Stratosphere IT Services has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AASCS4946A3Z2 | Telangana | Active | 01 Jul 2017 |
| 09AASCS4946A2Z0 | Uttar Pradesh | Active | 28 Apr 2023 |
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 Stratosphere IT Services 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 Stratosphere IT Services Private Limited
Stratosphere IT Services is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 December 2012 (14+ years old) and is registered under CIN U72200TG2012PTC085068.
Stratosphere IT Services reported revenue of ₹50.69 Cr for FY 2024 (down 38% YoY).
Stratosphere IT Services has 3 current directors:
- Rakesh Tummala - Director
- Srinivas Mullapudi - Director
- Satyavathi Vallabhaneni - Director
Stratosphere IT Services reported a net profit of ₹1.13 Cr (net margin 2.2%) and EBITDA of ₹6.69 Cr (EBITDA margin 13.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Stratosphere IT Services is 2% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Stratosphere IT Services is 36AASCS4946A3Z2, registered in Telangana. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 09AASCS4946A2Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Stratosphere IT Services is U72200TG2012PTC085068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stratosphere IT Services was incorporated on 28 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Stratosphere IT Services by revenue are Ans Labour Services Private Limited, Surya Teja Facilities Management Private Limited, Anlage Infotech (India) Private Limited, Rao Ideal Services Private Limited, Haad Services and Construction Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Srinivas Mullapudi was appointed as Director on 15 May 2019. Anil Kumar Akunuri ceased to be Director on 18 Apr 2019. Rakesh Tummala was appointed as Director on 02 May 2018. Stratosphere IT Services has 6 board changes on record in total.
Stratosphere IT Services can be reached through the website stratosphere.co.in. Its registered office is in Hyderabad, Telangana, India.