
About Techmars Services Private Limited
Data last updated:
Techmars Services Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93090TG2019PTC134054.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neha Yasmeen and Mudasir Ahmed.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 10 – 5 – 30/1 Flat.No.101 Mr Tower Masab Tank, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.35 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹40,007 (net margin 2.1%) and EBITDA of ₹51,915 (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 205% over three years.
The company is associated with 1 brand: Techmars.
For more details, the company can be reached via its website techmars.in.
Company details
Recognitions & Rankings of Techmars Services
Contact details
Techmars Services Private Limited's registered office is in Hyderabad, Telangana. Its website is techmars.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10 – 5 – 30/1 Flat.No.101 Mr Tower Masab Tank, Hyderabad, Telangana, India – 500028
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techmars Services Private Limited, buy the company report.
- 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
Brands
Techmars Services operates one associated brand: Techmars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Techmars offers IT services like digital marketing, web development, and cyber security. | techmars.in |
Business activity
The main business activity of Techmars Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Techmars Services Private Limited, buy the company report.
Financials of Techmars Services Private Limited
FY 2023 filings availableTechmars Services Private Limited reported revenue of ₹19.35 Lakh (up 49% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 205% over three years, including 49% growth in the latest year. EBITDA rose 17% 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
| Metrics | 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 | ₹51,915 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹40,007 | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.7% | |||
| Net Profit Margin | 2.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Techmars Services Private Limited, buy the company report.
Board of directors of Techmars Services Private Limited
Techmars Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Yasmeen | Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Mudasir Ahmed | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Techmars Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Welsher Solutions Private Limited | ₹19.37 Lakh (FY 2021) | -43.0% | New Delhi, Delhi, India | |||
| Mohtri Consultants Private Limited | ₹19.37 Lakh (FY 2024) | Nagpur, Maharashtra, India | ||||
| Rajasthan Stones Pvt Ltd | ₹19.37 Lakh (FY 2025) | 34.0% | Kolkata, West Bengal, India | |||
| Nexx-Wave Health Solutions Private Limited | ₹19.36 Lakh (FY 2024) | -51.0% | Mumbai, Maharashtra, India | |||
| Narrow Path Solutions Private Limited | ₹19.36 Lakh (FY 2024) | 294.0% | Mumbai, Maharashtra, India | |||
| Techmars Services Private Limitedthis company | ₹19.35 Lakh (FY 2023) | ₹40,007 | 2.1% | 49.0% | Hyderabad, Telangana, India | |
| Onetel Network Services Private Limited | ₹19.35 Lakh (FY 2019) | -24.0% | Allahabad, Uttar Pradesh, India | |||
| Trevion IT Systems India Private Limited | ₹19.34 Lakh (FY 2019) | New Delhi, Delhi, India | ||||
| Wowspaces E Commerce Private Limited | ₹19.34 Lakh (FY 2024) | 1.0% | Sushsnt Lok-1 Gurugram, Haryana, India | |||
| D-John's Medcon Private Limited | ₹19.34 Lakh (FY 2025) | 2.0% | Greater Noida, Uttar Pradesh, India | |||
| Business Implicit Services Private Limited | ₹19.33 Lakh (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Techmars Services Private Limited, buy the company report.
Auditor
Techmars Services Private Limited is audited by BETHINEEDI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BETHINEEDI AND ASSOCIATES | FY 2022 | 011421S |
Shareholding
The shareholding of Techmars Services Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Techmars Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techmars Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Techmars Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Techmars Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Techmars Services Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Ayesha Sultana ceased to be Director on 10 Jan 2021.
Frequently asked questions
Techmars Services 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 11 July 2019 (7+ years old) and is registered under CIN U93090TG2019PTC134054.
Techmars Services has 2 current directors:
- Neha Yasmeen - Director
- Mudasir Ahmed - Director
The latest financial statements of Techmars Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Techmars Services is U93090TG2019PTC134054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techmars Services was incorporated on 11 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Techmars Services by revenue are Welsher Solutions Private Limited, Mohtri Consultants Private Limited, Rajasthan Stones Pvt Ltd, Nexx-Wave Health Solutions Private Limited, Narrow Path Solutions Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Ayesha Sultana ceased to be Director on 10 Jan 2021. Neha Yasmeen was appointed as Director on 02 Dec 2019. Kummarikunta Andeep Kumar ceased to be Director on 07 Nov 2019. Techmars Services has 5 board changes on record in total.
Yes, Techmars Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Techmars Services can be reached through the website techmars.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Techmars Services is at 10 – 5 – 301 Flat.No.101 Mr Tower Masab Tank, Hyderabad, Telangana, India – 500028.
Techmars Services operates in the information technology industry, in the IT consulting and support services segment.