About Tachyon IT Solutions Private Limited
Data last updated:
Tachyon IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2012PTC084681. Its GSTIN is 36AAECT4833H1Z9 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹6.31 Lakh. It is led by directors Premchand Kolli (Whole-Time Director) and Padmaja Yadlapati.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹55.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.02 Cr (net margin 9.1%) and EBITDA of ₹7.25 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years and 68% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.61 Lakh and satisfied charges of ₹21.61 Lakh on record. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹19.42 Cr; the latest was in February 2022. Its 10 peer companies in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Siemens Industry Software Computational Dynamics India Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tachyontech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 35 Sy No. 3P To 7P 3rd Floor Nandagiri Hills Road No. 70 Jubilee Hi, Lls, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Tachyon IT Solutions Private Limited
The main business activity of Tachyon IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Tachyon IT Solutions Private Limited FY 2023 filings available
Tachyon IT Solutions Private Limited reported revenue of ₹55.26 Cr (up 254% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Tachyon IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 68% over five years, including 254% growth in the latest year. EBITDA rose 297% 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 Tachyon IT Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.02 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Tachyon IT Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Tachyon IT Solutions 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.
Peer Comparison of Tachyon IT Solutions Private Limited
Tachyon IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siemens Industry Software Computational Dynamics India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Insomniacs Digital Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Galaxy Weblinks Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Echelon Edge Private Limited | •••• | •••• | •••• | •••• | 193 | Garhi Harsaru, Haryana, India |
| Dropbase Software Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Tachyon IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Inuxu Digital Media Technologies Private Limited | •••• | •••• | •••• | •••• | 56 | Pune, Maharashtra, India |
| VDP Technology India Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Studypad India Private Limited | •••• | •••• | •••• | •••• | 183 | Gurgaon, Haryana, India |
| Maxval Technologies Private Limited | •••• | •••• | •••• | •••• | 367 | Navi Mumbai, Maharashtra, India |
| Choice Solutions Limited | •••• | •••• | •••• | •••• | 311 | Shaikpet, Telangana, India |
Peers are the five companies nearest above and the five nearest below Tachyon IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Tachyon IT Solutions Private Limited
Auditor information for Tachyon IT Solutions Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Tachyon IT Solutions Private Limited
Tachyon IT Solutions 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 |
|---|---|---|---|---|
| Padmaja Yadlapati Also directs: Baitarani Power Project Private Limited, Jalanidhi Power Project Private Limited, R P P Limited and 2 more | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
| Premchand Kolli Also directs: Sterling Shrimpex Pvt Ltd, Maxoind Tech Solutions Private Limited, Commence Tech IT Solutions Private Limited and 1 more | Whole-Time Director | 07 Dec 2012 | 13 Years 10 Months | Current |
Ownership and Shareholding of Tachyon IT Solutions 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 Tachyon IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2021 | Axis Bank Limited | ₹21.61 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Tachyon IT Solutions Private Limited
Tachyon IT Solutions Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹19.42 Cr; the latest was in February 2022.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Tachyon IT Solutions Private Limited
Tachyon IT Solutions Private Limited has a workforce of 60 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.
CIN History of Tachyon IT Solutions Private Limited
Tachyon IT Solutions has one previous CIN (Corporate Identification Number): U72300AP2012PTC084681. The current CIN is U72300TG2012PTC084681, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2012PTC084681 | Current |
| U72300AP2012PTC084681 | Previous |
Recent Activity on Tachyon IT Solutions Private Limited
Tachyon IT Solutions Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Premchand Kolli ceased to be Director on 01 Apr 2013.
Credit Ratings, Litigation & Regulatory Alerts for Tachyon IT Solutions 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 Tachyon IT Solutions 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 Tachyon IT Solutions 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 Tachyon IT Solutions Private Limited
Tachyon IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECT4833H1Z9 | Telangana | Active | 01 Jul 2017 |
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 Tachyon IT Solutions 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 Tachyon IT Solutions Private Limited
Tachyon IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 December 2012 (14+ years old) and is registered under CIN U72300TG2012PTC084681.
Tachyon IT Solutions reported revenue of ₹55.26 Cr for FY 2022 (up 254% YoY).
Tachyon IT Solutions has 2 current directors:
- Premchand Kolli - Whole-Time Director
- Padmaja Yadlapati - Director
Tachyon IT Solutions reported a net profit of ₹5.02 Cr (net margin 9.1%) and EBITDA of ₹7.25 Cr (EBITDA margin 13.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tachyon IT Solutions is 99% over three years and 68% over five years. In the latest year (FY 2022) revenue rose 254%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tachyon IT Solutions is 36AAECT4833H1Z9, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tachyon IT Solutions is U72300TG2012PTC084681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tachyon IT Solutions was incorporated on 07 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Tachyon IT Solutions has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹19.42 Cr; the latest was in February 2022.
The peers of Tachyon IT Solutions by revenue are Siemens Industry Software Computational Dynamics India Private Limited, Insomniacs Digital Private Limited, Galaxy Weblinks Limited, Echelon Edge Private Limited, Dropbase Software Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Premchand Kolli ceased to be Director on 01 Apr 2013. Padmaja Yadlapati was appointed as Director on 07 Dec 2012. Premchand Kolli was appointed as Whole-Time Director on 07 Dec 2012.