About Telit Communications India Private Limited
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Telit Communications India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Gainspan Corporation Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31108KA2006PTC040740. Its GSTIN is 29AABCE6596K1ZZ (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Emphany Systems India Private Limited and Gainspan Systems India Private Limited. It is led by directors including Aparna Srinivasan (Whole-Time Director) and Sumanth Shivani Gopalakrishnarao (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹33.94 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Cr (net margin 9.7%) and EBITDA of ₹6.59 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 8% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.03 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website telit.com.
Name History of Telit Communications India Private Limited
Telit Communications India has undergone 2 name changes throughout its history. The company was previously known as Emphany Systems India Private Limited, and Gainspan Systems India Private Limited. The current legal name is Telit Communications India Private Limited.
| Company Name | Status |
|---|---|
| Telit Communications India Private Limited | Current |
| Emphany Systems India Private Limited | Previous |
| Gainspan Systems India Private Limited | Previous |
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- Registered Address#68 3E Monarch Ramani 3rd Floor 7th C Main 3rd Block Industrial Layout Koramangal, A, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of Telit Communications India Private Limited FY 2024 filings available
Telit Communications India Private Limited reported revenue of ₹33.94 Cr (up 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Telit Communications India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 30% growth in the latest year. EBITDA rose 22% 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 Telit Communications India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹33.94 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.28 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 Telit Communications India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Telit Communications India 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.
Board of Directors of Telit Communications India Private Limited
Telit Communications India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eyal Shefer | Director | 15 Jan 2020 | 6 Years 9 Months | Current |
| Aparna Srinivasan Also directs: Shashthi Media Private Limited | Whole-Time Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Sumanth Shivani Gopalakrishnarao Also directs: Stoniast Private Limited, Projectum Actifs Private Limited, Propshare Office Projects Private Limited and 5 more | Whole-Time Director | 11 Nov 2025 | 0 Years 11 Months | Current |
Peer Comparison of Telit Communications India Private Limited
Telit Communications India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Communications, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Telit Communications India Private Limited this company | ₹33.94 Cr (FY 2023) | •••• | •••• | 30.0% | •••• | Bangalore, Karnataka, India |
| Rheal Software Private Limited | ₹25.73 Cr (FY 2023) | •••• | •••• | 334.0% | •••• | Mumbai, Maharashtra, India |
| Primenet Global Private Limited | ₹25.71 Cr (FY 2019) | •••• | •••• | 11.0% | •••• | Baba Bakala, Punjab, India |
| Great Media Technologies Pvt Ltd | ₹25.6 Cr (FY 2025) | •••• | •••• | 97.0% | •••• | Kolkata, West Bengal, India |
| Akiko Sherman Infotech Private Limited | ₹25.54 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Dackwall Industry Private Limited | ₹25.54 Cr (FY 2020) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Incubation Systems Private Limited | ₹25.44 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Enthrall Communications Private Limited | ₹25.42 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| M V Infotech Systems Private Limited | ₹25.38 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Gurgaon, Haryana, India |
| Compass Systems Private Limited | ₹25.34 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Solarman Engineering Project Private Limited | ₹25.33 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Telit Communications India by revenue in the Information Technology industry (Communications, IT Consulting and Services), 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 Telit Communications India Private Limited
Telit Communications India Private Limited is audited by Kalyaniwalla & Mistry LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kalyaniwalla & Mistry LLP | 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.
Ownership and Shareholding of Telit Communications India 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 Telit Communications India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.03 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Telit Communications India Private Limited
Telit Communications India Private Limited has a workforce of 96 employees as of Mar 28, 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 Telit Communications India Private Limited
Telit Communications India Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Sumanth Shivani Gopalakrishnarao was appointed as Whole-Time Director on 11 Nov 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Telit Communications India 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 Telit Communications India 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 Telit Communications India 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 Telit Communications India Private Limited
Telit Communications India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE6596K1ZZ | Karnataka | Active | 01 Jul 2017 |
| 06AABCE6596K1Z7 | Haryana | Active | 10 Dec 2022 |
| 36AABCE6596K1Z4 | Telangana | Active | 06 Jan 2023 |
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 Telit Communications India 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.
Related news about Telit Communications India Private Limited
Frequently Asked Questions about Telit Communications India Private Limited
Telit Communications India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 October 2006 (20+ years old) and is registered under CIN U31108KA2006PTC040740.
Telit Communications India reported revenue of ₹33.94 Cr for FY 2023 (up 30% YoY).
Telit Communications India has 3 current directors:
- Aparna Srinivasan - Whole-Time Director
- Sumanth Shivani Gopalakrishnarao - Whole-Time Director
- Eyal Shefer - Director
Telit Communications India reported a net profit of ₹3.28 Cr (net margin 9.7%) and EBITDA of ₹6.59 Cr (EBITDA margin 19.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Telit Communications India is 18% over three years and 8% over five years. In the latest year (FY 2023) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Telit Communications India is 29AABCE6596K1ZZ, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AABCE6596K1Z7 (Haryana), 36AABCE6596K1Z4 (Telangana).
The CIN (Corporate Identification Number) of Telit Communications India is U31108KA2006PTC040740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Telit Communications India was incorporated on 16 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Telit Communications India by revenue are Rheal Software Private Limited, Primenet Global Private Limited, Great Media Technologies Pvt Ltd, Akiko Sherman Infotech Private Limited, Dackwall Industry Private Limited and 5 more, all in the Information Technology industry (Communications, IT Consulting and Services).
Sumanth Shivani Gopalakrishnarao was appointed as Whole-Time Director on 11 Nov 2025. Daniel Alexander Neiger ceased to be Additional Director on 24 Feb 2022. Yariv Dafna ceased to be Director on 21 Sep 2020. Telit Communications India has 15 board changes on record in total.
Telit Communications India can be reached through the website telit.com. Its registered office is in Bangalore, Karnataka, India.