Telit Communications India Private Limited

Telit Communications India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U31108KA2006PTC040740 Incorporated 16 October 2006 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹33.94 Cr
▲ 30% YoY
Net profit · FY 2023
₹3.28 Cr
Net margin 9.7%
EBITDA · FY 2023
₹6.59 Cr
EBITDA margin 19.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.03 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
96
Provident fund records

About Telit Communications India Private Limited

Data last updated:

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.

Company details

CIN U31108KA2006PTC040740
Registration Number 040740
Incorporation Date 16 October 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 December 2024
Parent Company Gainspan Corporation Usa
Compliance Status Active Compliant

Name history

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 NameStatus
Telit Communications India Private LimitedCurrent
Emphany Systems India Private LimitedPrevious
Gainspan Systems India Private LimitedPrevious

Contact details

Telit Communications India Private Limited's registered office is in Bangalore, Karnataka. Its website is telit.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    #68 3E Monarch Ramani 3rd Floor 7th C Main 3rd Block Industrial Layout Koramangal, A, Bangalore, Karnataka, India – 560034
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Telit Communications India Private Limited, buy the company report.

Comprehensive company report
Telit Communications India Private Limited - one report that includes everything
  • 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
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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.

Revenue · FY 2023
₹33.94 Cr ▲ 30%
Net profit · FY 2023
₹3.28 Cr margin 9.7%
EBITDA · FY 2023
₹6.59 Cr margin 19.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 18%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 15%
5 years · compounded
▲ 2%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin19.4%
Net Profit Margin9.7%
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 Telit Communications India Private Limited, buy the company report.

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Eyal SheferDirector15 Jan 20206 Years 9 MonthsCurrent
Aparna SrinivasanWhole-Time Director12 Jun 20188 Years 4 MonthsCurrent
Sumanth Shivani GopalakrishnaraoWhole-Time Director11 Nov 20250 Years 11 MonthsCurrent

Peer comparison

Telit Communications India Private Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (Communications, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Telit Communications India Private Limitedthis company₹33.94 Cr (FY 2023)₹3.28 Cr9.7%30.0%96Bangalore, 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
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
Compass Systems Private Limited₹25.34 Cr (FY 2025)-24.0%New Delhi, Delhi, India

To see the full peer comparison of Telit Communications India Private Limited, buy the company report.

Auditor

Telit Communications India Private Limited is audited by Kalyaniwalla & Mistry LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Kalyaniwalla & Mistry LLPFY 2023104607W / W100166

Shareholding

The shareholding of Telit Communications India Private 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Telit Communications India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.03 Cr
Satisfied charges
None
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹4.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Apr 2024100919065The Hongkong and Shanghai Banking Corporation Limited₹4.03 CrOpen

To see the full charge records of Telit Communications India Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Telit Communications India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Telit Communications India Private Limited has a workforce of 96 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
96
Active EPFO establishments
1
Employee growth
17.07%

GST

Telit Communications India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AABCE6596K1ZZKarnatakaActive01 Jul 2017
06AABCE6596K1Z7HaryanaActive10 Dec 2022
36AABCE6596K1Z4TelanganaActive06 Jan 2023

To see the full GST registrations and return filing status of Telit Communications India Private Limited, buy the company report.

Recent activity

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.

Appointed
Sumanth Shivani Gopalakrishnarao was appointed as Whole-Time Director.
AGM
Telit Communications India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Telit Communications India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Bangalore.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 402.68 Lakh registered on 24 Apr 2024 with Charge ID 100919065 was modified on 20 Nov 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 402.68 Lakh with Charge ID 100919065 was registered on 24 Apr 2024.
Ceased
Daniel Alexander Neiger ceased to be Additional Director.
Ceased
Yariv Dafna ceased to be Director.
Ceased
Eyal Shefer ceased to be Additional Director.
Appointed
Eyal Shefer was appointed as Director.
Ceased
Eran Edri ceased to be Director.
Ceased
Aparna Srinivasan ceased to be Additional Director.
Ceased
Yosef Fait ceased to be Additional Director.

8 earlier events are in the company report.

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Telit Communications India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

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, Incubation Systems Private Limited and 2 more, all in the Information Technology industry (Communications, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

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.

The registered office of Telit Communications India is at #68 3E Monarch Ramani 3rd Floor 7th C Main 3rd Block Industrial Layout Koramangal, A, Bangalore, Karnataka, India – 560034.

Telit Communications India operates in the information technology industry, in the IT consulting and support services segment.