About Telangana State Technology Services Limited
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Telangana State Technology Services Limited is a public limited state government company based in Hyderabad, Telangana, India. It operates in the business support services segment of the business services sector. It was incorporated on 04 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2015SGC101517. Its GSTIN is 36AAFCT5611E1ZK (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Satyanarayana Reddy Chitukula (Managing Director) and Satish Kumar Manne.
Its last annual general meeting (AGM) was held on 25 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 5 – 10 – 103/40/206 2nd Floor Haca Bhavan Opp Public Gardens, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2023, the company reported a revenue of ₹53.71 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹9.14 Cr (net margin 17%) and EBITDA of ₹12.81 Cr (EBITDA margin 23.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
Court records list 18 cases involving the company, including 18 filed against it; 10 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 tsts.telangana.gov.in.
Company details
Contact details
Telangana State Technology Services Limited's registered office is in Hyderabad, Telangana. Its website is tsts.telangana.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 5 – 10 – 103/40/206 2nd Floor Haca Bhavan Opp Public Gardens, Hyderabad, Telangana, India – 500004
- IndustryBusiness Services, Business Support Services
To see the full contact details of Telangana State Technology Services 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 Telangana State Technology Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Telangana State Technology Services Limited, buy the company report.
Financials of Telangana State Technology Services Limited
FY 2024 filings availableTelangana State Technology Services Limited reported revenue of ₹53.71 Cr (down 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 13% fall in the latest year. EBITDA fell 6% 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
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| EBITDA | ₹12.81 Cr | ||||
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| Net Profit (PAT) | ₹9.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 23.9% | ||||
| Net Profit Margin | 17% | ||||
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To see the full financial statements and ratios of Telangana State Technology Services Limited, buy the company report.
Board of directors of Telangana State Technology Services Limited
Telangana State Technology Services has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Manne Also directs: Nce Fashions Private Limited, Manne Properties Private Limited, Itiana IT Solutions Private Limited and 2 more | Nominee Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Bharathi Lakhpathi Naik | Nominee Director | 18 May 2024 | 2 Years 5 Months | Current |
| Satyanarayana Reddy Chitukula | Managing Director | 21 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Telangana State Technology Services Limited is audited by MSPRandCo for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSPRandCo | FY 2022 | 010152S |
Shareholding
The shareholding of Telangana State Technology Services Limited is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Telangana State Technology Services Limited, buy the company report.
Legal cases
Telangana State Technology Services Limited has 18 court cases on record: 18 filed against it. 10 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 17 | 10 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed against the company by M/S Linkwell Telesystems Pvt. Ltd | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S Oasys Cybernetics Pvt. Ltd. | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company by Avl India Pvt Ltd | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Telangana State Technology Services 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 Telangana State Technology Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Telangana State Technology Services Limited has a workforce of 47 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Telangana State Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCT5611E1ZK | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Telangana State Technology Services Limited, buy the company report.
Recent activity
Telangana State Technology Services Limited has 25 board changes on record since 2015: 5 appointments and 20 cessations. The latest: Venkat Narsimha Reddy Ettireddy ceased to be Nominee Director on 27 Apr 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Telangana State Technology Services is an active public limited state government company based in Hyderabad, Telangana, India. The company works in business support services, within the business services industry. It was incorporated on 04 November 2015 (11+ years old) and is registered under CIN U74900TG2015SGC101517.
Telangana State Technology Services has 3 current directors:
- Satyanarayana Reddy Chitukula - Managing Director
- Satish Kumar Manne - Nominee Director
- Bharathi Lakhpathi Naik - Nominee Director
The latest financial statements of Telangana State Technology Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 October 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Telangana State Technology Services is 36AAFCT5611E1ZK, registered in Telangana.
The CIN (Corporate Identification Number) of Telangana State Technology Services is U74900TG2015SGC101517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Telangana State Technology Services has 18 court cases on record: 18 filed against it. 10 are pending. Most are in the high courts.
Telangana State Technology Services was incorporated on 04 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Venkat Narsimha Reddy Ettireddy ceased to be Nominee Director on 27 Apr 2025. Satish Kumar Manne ceased to be Nominee Director on 15 Mar 2025. Satyanarayana Reddy Chitukula was appointed as Managing Director on 21 Dec 2024. Telangana State Technology Services has 25 board changes on record in total.
Telangana State Technology Services can be reached through the website tsts.telangana.gov.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Telangana State Technology Services is at # 5 – 10 – 10340206 2nd Floor Haca Bhavan Opp Public Gardens, Hyderabad, Telangana, India – 500004.