About Techtree I T Systems Private Limited
Data last updated:
Techtree I T Systems Private Limited is a private limited company based in Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2006PTC146618. Its GSTIN is 07AACCT3961E1ZF (Delhi). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.09 Lakh. It is led by directors including Ashwini Biplove Belwal and Sanjay Ahuja.
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 House No. – 2074 Ground Floor Sector – C Pocket – 2 Vasant Kunj, Delhi, India – 110070.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.1 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 4.5%) and EBITDA of ₹3.12 Cr (EBITDA margin 12.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Reciproci and TechTreeIT. As per MCA filings, the company has open charges of ₹3.27 Cr and satisfied charges of ₹8.4 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techtreeit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHouse No. – 2074 Ground Floor Sector – C Pocket – 2 Vasant Kunj, Delhi, India – 110070
- 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 Techtree I T Systems Private Limited
The main business activity of Techtree I T Systems 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 Techtree I T Systems Private Limited FY 2024 filings available
Techtree I T Systems Private Limited reported revenue of ₹24.1 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Techtree I T Systems Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 71% 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 Techtree I T 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 | ₹3.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.09 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 Techtree I T Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Techtree I T Systems 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 Techtree I T Systems Private Limited
Techtree I T Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dream HQ Labs Private Limited | ₹24.3 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Bangalore, Karnataka, India |
| Taconic Global Solutions Private Limited | ₹24.28 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Hyderabad, Telangana, India |
| Space-O Infoweb Private Limited | ₹24.25 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Light Pharma Private Limited | ₹24.21 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Gaba Projects Private Limited | ₹24.21 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Mumbai, Maharashtra, India |
| Techtree I T Systems Private Limited this company | ₹24.1 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Onebill Software India Private Limited | ₹24.02 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Philogy Consulting Services Private Limited | ₹24.01 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Bangalore, Karnataka, India |
| Winsoft Technologies India Pvt Ltd | ₹23.99 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Best Apps Business Solutions Private Limited | ₹23.91 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Bangalore South, Karnataka, India |
| Sag Infotech Private Limited | ₹23.86 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Techtree I T Systems by revenue in the Information Technology industry (Application Development), 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 Techtree I T Systems Private Limited
Techtree I T Systems Private Limited is audited by A J K R & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J K R & 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 Techtree I T Systems Private Limited
Techtree I T Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Biplove Belwal | Director | 23 Mar 2022 | 4 Years 6 Months | Current |
| Sanjay Ahuja | Director | 01 May 2008 | 18 Years 5 Months | Current |
| Subir Agrawal Also directs: Nukebox Studios Private Limited, Cheersbro JH LLP, Devotionverse Nirman Private Limited and 1 more | Director | 30 Apr 2021 | 5 Years 5 Months | Current |
Ownership and Shareholding of Techtree I T 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 Techtree I T Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2023 | Others | ₹1.23 Cr | Open |
| 23 Mar 2022 | Others | ₹2 Cr | Open |
| 27 Mar 2007 | The Mahaveer Co-Op Bank Ltd | ₹4.11 Lakh | Open |
| 13 Jul 2020 | Hdfc Bank Limited | ₹3 Cr | Satisfied |
| 10 Apr 2019 | Axis Bank Limited | ₹17 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Techtree I T Systems Private Limited
Techtree I T Systems Private Limited has 3 court cases on record: 2 filed by Techtree I T Systems, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Satguru International FZE | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Wire Neworks Designs Ltd | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Techtree I T Systems Private Limited
Techtree I T Systems Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 7 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nextiva International India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Techtree I T Systems Private Limited
Techtree I T Systems operates two associated brands: Reciproci and TechTreeIT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a cloud-based experience management platform for comprehensive solutions. | reciproci.com | |
| Delivers IT solutions and mobile app development services. | techtreeit.com |
Employees and EPFO Compliance at Techtree I T Systems Private Limited
Techtree I T Systems Private Limited has a workforce of 140 employees as of Oct 20, 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 Techtree I T Systems Private Limited
Techtree I T Systems Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Amit Hardi ceased to be Director on 10 Jan 2024.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Techtree I T 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.
Subsidiaries & Group Companies of Techtree I T 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 Techtree I T Systems Private Limited
Techtree I T Systems has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCT3961E1ZF | Delhi | Active | 01 Jul 2017 |
| 09AACCT3961E2ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AACCT3961E2Z8 | Karnataka | 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 Techtree I T 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 Techtree I T Systems Private Limited
Techtree I T Systems is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 February 2006 (20+ years old) and is registered under CIN U72200DL2006PTC146618.
Techtree I T Systems reported revenue of ₹24.1 Cr for FY 2024 (up 9% YoY).
Techtree I T Systems has 3 current directors:
- Ashwini Biplove Belwal - Director
- Sanjay Ahuja - Director
- Subir Agrawal - Director
Techtree I T Systems reported a net profit of ₹1.09 Cr (net margin 4.5%) and EBITDA of ₹3.12 Cr (EBITDA margin 12.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Techtree I T Systems is 3% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Techtree I T Systems is 07AACCT3961E1ZF, registered in Delhi. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 09AACCT3961E2ZA (Uttar Pradesh), 29AACCT3961E2Z8 (Karnataka).
The CIN (Corporate Identification Number) of Techtree I T Systems is U72200DL2006PTC146618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techtree I T Systems has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Techtree I T Systems was incorporated on 21 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Techtree I T Systems by revenue are Dream HQ Labs Private Limited, Taconic Global Solutions Private Limited, Space-O Infoweb Private Limited, Light Pharma Private Limited, Gaba Projects Private Limited and 5 more, all in the Information Technology industry (Application Development).
Amit Hardi ceased to be Director on 10 Jan 2024. Subir Agrawal ceased to be Additional Director on 30 Sep 2022. Ashwini Biplove Belwal was appointed as Director on 23 Mar 2022. Techtree I T Systems has 9 board changes on record in total.
Techtree I T Systems has 6 MSME Form 1 returns on record between 2019 and 2021, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 26 Oct 2021.