Tej Infoways Limited
About Tej Infoways Limited
Data last updated:
Tej Infoways Limited is a public 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 05 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L72200TG1991PLC012911. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 24 Feb 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.49 Cr. It was formerly known as Sitco Fine Pharmaceuticals Ltd and Sitco Fine Pharmaceuticals Pvt Ltd. It is led by directors including Varaha Lakshmi Narasimha Raju Ganapathiraju and Ramchandra Rao Kalla.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Surya Soudha Plot No.22 Road No.5 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.73 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹18.49 Lakh (net margin 1.7%) and EBITDA of ₹1.04 Cr (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
As per MCA filings, the company has open charges of ₹1.06 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Tej Infoways has undergone 2 name changes throughout its history. The company was previously known as Sitco Fine Pharmaceuticals Ltd, and Sitco Fine Pharmaceuticals Pvt Ltd. The current legal name is Tej Infoways Limited.
| Company Name | Status |
|---|---|
| Tej Infoways Limited | Current |
| Sitco Fine Pharmaceuticals Ltd | Previous |
| Sitco Fine Pharmaceuticals Pvt Ltd | Previous |
CIN history
Tej Infoways has one previous CIN (Corporate Identification Number): L72200AP1991PLC012911. The current CIN is L72200TG1991PLC012911, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200TG1991PLC012911 | Current |
| L72200AP1991PLC012911 | Previous |
Contact details
Tej Infoways Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressSurya Soudha Plot No.22 Road No.5 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Tej Infoways 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
Business activity
The main business activity of Tej Infoways is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Tej Infoways Limited, buy the company report.
Financials of Tej Infoways Limited
FY 2017 filings availableTej Infoways Limited reported revenue of ₹10.73 Cr (down 24% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 24% fall in the latest year. EBITDA fell 5% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹10.73 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.04 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹18.49 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.7% | ||
| Net Profit Margin | 1.7% | ||
| 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 Tej Infoways Limited, buy the company report.
Board of directors of Tej Infoways Limited
Tej Infoways has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varaha Lakshmi Narasimha Raju Ganapathiraju | Director | 31 Jul 2008 | 18 Years 3 Months | Current |
| Ramchandra Rao Kalla | Director | 01 Oct 2006 | 20 Years 1 Months | Current |
| Madireddi Prasad Venkata Siva | Director | 31 Jul 2008 | 18 Years 3 Months | Current |
| Grishma Nukarapu Also directs: Parilia LLP | Director | 17 Sep 2011 | 15 Years 1 Months | Current |
| Ramba Srinivasarao | Director | 01 Oct 2006 | 20 Years 1 Months | Current |
Auditor
Tej Infoways Limited is audited by P MURALI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P MURALI & CO | FY 2017 | 007257S |
Shareholding
The shareholding of Tej Infoways Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tej Infoways Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 1996 | 90137902 | Bank of Maharashtra | ₹1 Lakh | Open | |
| 16 Jul 1992 | 90138762 | The Karur Vysya Bank Ltd | ₹1 Cr | Open | |
| 14 Dec 1991 | 90136727 | Andhra Pradesh State Financial Corporation | ₹4.92 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Tej Infoways Limited has 2 court cases on record: 1 filed by Tej Infoways, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against Registrar of Companies & State | Disposed |
| District court, Nanded, Maharashtra | Civil suit | Filed against the company by Pharma Deal Chemist Drugist | Disposed |
To see the full case history of Tej Infoways Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Tej Infoways Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tej Infoways has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tej Infoways Limited, buy the company report.
Recent activity
Tej Infoways Limited has 7 board changes on record since 2000: 6 appointments and 1 cessation. The latest: Grishma Nukarapu was appointed as Director on 17 Sep 2011.
1 earlier event is in the company report.
Frequently asked questions
Tej Infoways is an active public 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 05 July 1991 (35+ years old) and is registered under CIN L72200TG1991PLC012911.
Tej Infoways has 5 current directors:
- Varaha Lakshmi Narasimha Raju Ganapathiraju - Director
- Ramchandra Rao Kalla - Director
- Madireddi Prasad Venkata Siva - Director
- Grishma Nukarapu - Director
- Ramba Srinivasarao - Director
The latest financial statements of Tej Infoways on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
No. Tej Infoways has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tej Infoways is L72200TG1991PLC012911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tej Infoways is recorded as a listed company by MCA, but its shares were delisted from BSE on 24 Feb 2023 · compulsory delisting, and no longer trade on a stock exchange.
Tej Infoways has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Tej Infoways was incorporated on 05 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Hyderabad.
Grishma Nukarapu was appointed as Director on 17 Sep 2011. Nukarapu Surya Prakasa Rao ceased to be Managing Director on 17 Sep 2011. Madireddi Prasad Venkata Siva was appointed as Director on 31 Jul 2008. Tej Infoways has 7 board changes on record in total.
The registered office of Tej Infoways is at Surya Soudha Plot No.22 Road No.5 Jubilee Hills, Hyderabad, Telangana, India – 500033.
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