Sumeru Software Solutions Private Limited

Sumeru Software Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2000PTC027194 Incorporated 05 June 2000 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2024
₹289.28 Cr
▼ 22% YoY
Net profit · FY 2024
₹15.64 Cr
Net margin 5.4%
EBITDA · FY 2024
₹32.18 Cr
EBITDA margin 11.1%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹1.06 Lakh
Issued & subscribed
Satisfied charges
₹3.6 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
2
Provident fund records

About Sumeru Software Solutions Private Limited

Data last updated:

Sumeru Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 June 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027194. Its GSTIN is 29AAFCS6548H1ZW (Karnataka).

The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.06 Lakh. It is led by directors including Harish Balasubramaniam Ramachandran and Madhu Ramachandra Rao.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹289.28 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹15.64 Cr (net margin 5.4%) and EBITDA of ₹32.18 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 33% over five years.

The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.

The company is associated with 3 brands: Sumeru Solutions, Elyments and Audit360. As per MCA filings, the company has satisfied charges of ₹3.6 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2017.

Sumeru Software Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-02-0012005). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumerusolutions.com.

Company details

CIN U72200KA2000PTC027194
Registration Number 027194
Incorporation Date 05 June 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-02-0012005
Key People
Ajay Bagga Additional Director Subramanian Malayappan Additional Director Harish Balasubramaniam Ramachandran Director

Recognitions & Rankings of Sumeru Software Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-02-0012005

Contact details

Sumeru Software Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is sumerusolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sumerusolutions.com
  • Social Media
  • Registered Address
    No. 82/2 H&G Shankaraa, Kanakapura Main Road, Bangalore, Karnataka, India – 560062
  • Industry
    Information Technology, IT Consulting & Support Services, Application Development & Software Solutions

To see the full contact details of Sumeru Software Solutions Private Limited, buy the company report.

Comprehensive company report
Sumeru Software Solutions 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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Brands

Sumeru Software Solutions operates multiple associated brands including Sumeru Solutions, Elyments, and Audit360. Each brand links to its own profile.

BrandDescriptionWebsite
Sumeru Solutions
Offers IT consulting in Salesforce, SAP, cybersecurity, and digital customer experiences worldwide.sumerusolutions.com
Elyments
Indian app for private calling, chatting, and data security in multiple languages.elyments.com
Audit360
Digital platform for internal audit execution, reporting, and risk management.audit360.in

Business activity

The main business activity of Sumeru Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Sumeru Software Solutions Private Limited, buy the company report.

Financials of Sumeru Software Solutions Private Limited

FY 2024 filings available

Sumeru Software Solutions Private Limited reported revenue of ₹289.28 Cr (down 22% YoY) for FY 2024.

Revenue · FY 2024
₹289.28 Cr ▼ 22%
Net profit · FY 2024
₹15.64 Cr margin 5.4%
EBITDA · FY 2024
₹32.18 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 58%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 46%
5 years · compounded
▲ 21%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA rose 57% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹32.18 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.64 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.1%
Net Profit Margin5.4%
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

To see the full financial statements and ratios of Sumeru Software Solutions Private Limited, buy the company report.

Board of directors of Sumeru Software Solutions Private Limited

Sumeru Software Solutions has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Bagga
Also directs: Sumeru Enterprise Tiger Business Solutions Private Limited, Elyments Platforms Private Limited, Ssrdp Private Limited and 3 more
Additional Director16 Dec 20241 Years 10 MonthsCurrent
Subramanian MalayappanAdditional Director16 Dec 20241 Years 10 MonthsCurrent
Harish Balasubramaniam Ramachandran
Also directs: Sumeru Technology Solutions Private Limited, Sumeru Global Holdings and Services Private Limited, Sumeru Global Support Solutions Private Limited
Director08 Aug 200818 Years 3 MonthsCurrent
Madhu Ramachandra Rao
Also directs: Sumeru Technology Solutions Private Limited, Sumeru Global Holdings and Services Private Limited, Shree Renuka Sugars Limited and 5 more
Director19 Dec 20187 Years 10 MonthsCurrent
View all directors

Auditor

Sumeru Software Solutions Private Limited is audited by Yadu & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Yadu & CoFY 2023004795S

Shareholding

The shareholding of Sumeru Software Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sumeru Software Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3.6 Cr
Breakdown by lending institutions
Axis Bank Limited₹3.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Dec 2021100521961Axis Bank Limited₹3.6 CrSatisfied

To see the full charge records of Sumeru Software Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Sumeru Software Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2017.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sumeru Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Sumeru Software Solutions has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

5
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Sumeru Enterprise Tiger Business Solutions Private LimitedU72200KA2016PTC085846
Sumeru Global Support Solutions Private LimitedU72900KA2017PTC108008
Elyments Platforms Private LimitedU72900KA2021PTC147665
Sumeru Digital Solutions Private LimitedU72900KA2021PTC155402
Sumeru Global Technologies Private LimitedU74999MP2020PTC052678

To see the full group structure of Sumeru Software Solutions Private Limited, buy the company report.

Employees & EPFO

Sumeru Software Solutions Private Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-272
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Sumeru Software Solutions Private Limited, buy the company report.

GST

Sumeru Software Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCS6548H1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Sumeru Software Solutions Private Limited, buy the company report.

Recent activity

Sumeru Software Solutions Private Limited has 13 board changes on record since 2008: 4 appointments and 9 cessations. The latest: Ajay Bagga was appointed as Additional Director on 16 Dec 2024.

Appointed
Ajay Bagga was appointed as Additional Director.
Appointed
Subramanian Malayappan was appointed as Additional Director.
AGM
Sumeru Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sumeru Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 24 Dec 2021 via Charge ID 100521961 with Axis Bank Limited was fully satisfied on 23 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 360.00 Lakh with Charge ID 100521961 was registered on 24 Dec 2021.
Ceased
Madhu Ramachandra Rao ceased to be Additional Director.
Appointed
Madhu Ramachandra Rao was appointed as Director.
Ceased
Ayyagari Lakshmanarao ceased to be Additional Director.
Ceased
Jatin Chaurasia ceased to be Additional Director.
Ceased
Rajesh Krishnamurthy ceased to be Additional Director.
Ceased
Arvind Varchaswi Narasimhan ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Sumeru Software Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 June 2000 (26+ years old) and is registered under CIN U72200KA2000PTC027194.

Sumeru Software Solutions has 4 current directors:

The latest financial statements of Sumeru Software Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Sumeru Software Solutions is 29AAFCS6548H1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Sumeru Software Solutions is U72200KA2000PTC027194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sumeru Software Solutions was incorporated on 05 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.

Sumeru Software Solutions has 1 deal on record (1 secondary share transfer); the latest was in December 2017.

Ajay Bagga was appointed as Additional Director on 16 Dec 2024. Subramanian Malayappan was appointed as Additional Director on 16 Dec 2024. Madhu Ramachandra Rao ceased to be Additional Director on 30 Sep 2019. Sumeru Software Solutions has 13 board changes on record in total.

Yes, Sumeru Software Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-02-0012005).

Sumeru Software Solutions can be reached through the website sumerusolutions.com. Its registered office is in Bangalore, Karnataka, India.