Styxtech Systems Private Limited
About Styxtech Systems Private Limited
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Styxtech Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC134843. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhav Kishore Pannala and Lakshmi Narasimha Naga Raju Ganapa.
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 Level 2 Oval Building, Plot No. 18 Ilabs Hyderabad Technology Park Inorbit Mall Road, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.35 Lakh (net margin 2.4%) and EBITDA of ₹9.17 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 1 brand: Styxtech Systems.
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- WebsiteLocked
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- Registered AddressLevel 2 Oval Building, Plot No. 18 Ilabs Hyderabad Technology Park Inorbit Mall Road, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Styxtech Systems Private Limited
The main business activity of Styxtech Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Styxtech Systems Private Limited FY 2024 filings available
Styxtech Systems Private Limited reported revenue of ₹1.38 Cr (up 245% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Styxtech Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 245% growth in the latest year. EBITDA fell 16% 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 Styxtech Systems 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.35 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 Styxtech Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Styxtech Systems are in the company report.
Financial statements from FY 2020
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 Styxtech Systems Private Limited
Styxtech Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KRGB Tech Solutions Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Faridabad, Haryana, India |
| DC Solutions Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 511.0% | •••• | Pune, Maharashtra, India |
| Awacp Technical Services Private Limited | ₹1.38 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | Lucknow, Uttar Pradesh, India |
| Neurospeech Technologies Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Uxdlab Software Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Styxtech Systems Private Limited this company | ₹1.38 Cr (FY 2024) | •••• | •••• | 245.0% | •••• | Hyderabad, Telangana, India |
| Sunwest Consulting Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | 278.0% | •••• | Ranaga Reddy, Telangana, India |
| Xenixsoft IT Services Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Jaipur, Rajasthan, India |
| Bytespark Digital Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Element8 Transformation Solutions Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Techbets Infotech Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Styxtech Systems by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Styxtech Systems Private Limited
Styxtech Systems Private Limited is audited by N S G S & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N S G S & 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.
Board of Directors of Styxtech Systems Private Limited
Styxtech Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Kishore Pannala | Director | 08 Aug 2020 | 6 Years 2 Months | Current |
| Lakshmi Narasimha Naga Raju Ganapa | Director | 19 Aug 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Styxtech Systems 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 Styxtech Systems Private Limited
Styxtech Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Styxtech Systems Private Limited
Styxtech Systems operates one associated brand: Styxtech Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions in data centres, cloud computing, and IT security. | styxtech.systems |
Employees and EPFO Compliance at Styxtech Systems Private Limited
Employment history and EPFO contributions of people linked to Styxtech 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 Styxtech Systems Private Limited
Styxtech Systems Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Avula Revathy ceased to be Director on 27 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Styxtech 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 Styxtech 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 Styxtech 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 Styxtech Systems Private Limited
Styxtech Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Styxtech 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 Styxtech Systems Private Limited
Styxtech Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 August 2019 (7+ years old) and is registered under CIN U72900TG2019PTC134843.
Styxtech Systems reported revenue of ₹1.38 Cr for FY 2024 (up 245% YoY).
Styxtech Systems has 2 current directors:
- Madhav Kishore Pannala - Director
- Lakshmi Narasimha Naga Raju Ganapa - Director
Styxtech Systems reported a net profit of ₹3.35 Lakh (net margin 2.4%) and EBITDA of ₹9.17 Lakh (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Styxtech Systems is 12% over three years. In the latest year (FY 2024) revenue rose 245%. CAGR is the steady yearly rate that links the first and the last year.
No. Styxtech Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Styxtech Systems is U72900TG2019PTC134843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Styxtech Systems was incorporated on 19 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Styxtech Systems by revenue are KRGB Tech Solutions Private Limited, DC Solutions Private Limited, Awacp Technical Services Private Limited, Neurospeech Technologies Private Limited, Uxdlab Software Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Avula Revathy ceased to be Director on 27 Feb 2024. Madhav Kishore Pannala was appointed as Director on 08 Aug 2020. Lakshmi Narasimha Naga Raju Ganapa was appointed as Director on 19 Aug 2019.
The registered office of Styxtech Systems is at Level 2 Oval Building, Plot No. 18 Ilabs Hyderabad Technology Park Inorbit Mall Road, Telangana, India – 500081.