About Towers Infotech Private Limited
Data last updated:
Towers Infotech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2000PTC028004. Its GSTIN is 29AABCT4270H1Z8 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.59 Lakh. It is led by directors Prakash Nagabushan and Ramanujapuram Manikernike Srivas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 367 Towers Infotech Building Rajajinagar 12th Main 6th Block, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.75 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹73.47 Lakh (net margin 4.4%) and EBITDA of ₹1.21 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
The company is associated with 1 brand: Towers Infotech. As per MCA filings, the company has open charges of ₹5.07 Cr and satisfied charges of ₹2.91 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 towersinfotech.com.
CIN History of Towers Infotech Private Limited
Towers Infotech has one previous CIN (Corporate Identification Number): U30007KA2000PTC028004. The current CIN is U85110KA2000PTC028004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA2000PTC028004 | Current |
| U30007KA2000PTC028004 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address367 Towers Infotech Building Rajajinagar 12th Main 6th Block, Bangalore, Karnataka, India – 560010
- 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
Associated Brands with Towers Infotech Private Limited
Towers Infotech operates one associated brand: Towers Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a comprehensive suite of IT services to enhance daily business operations. | towersinfotech.com |
Business Activity of Towers Infotech Private Limited
The main business activity of Towers Infotech is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Towers Infotech Private Limited FY 2025 filings available
Towers Infotech Private Limited reported revenue of ₹16.75 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Towers Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 1% growth in the latest year. EBITDA fell 67% 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 Towers Infotech 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 | ₹1.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73.47 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 of Towers Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Towers Infotech 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 Towers Infotech Private Limited
Towers Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Nagabushan | Director | 20 Oct 2000 | 26 Years 0 Months | Current |
| Ramanujapuram Manikernike Srivas | Director | 20 Oct 2000 | 26 Years 0 Months | Current |
Peer Comparison of Towers Infotech Private Limited
Towers Infotech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aipalette India Private Limited | ₹16.81 Cr (FY 2024) | •••• | •••• | 130.0% | •••• | Bangalore, Karnataka, India |
| Hexacorp Technical Services Private Limited | ₹16.81 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Pebbles and Sand Consulting Services Private Limited | ₹16.8 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Delhi, India |
| Calling 24O7 BPO Services Private Limited | ₹16.79 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Sparsa Digital Private Limited | ₹16.78 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Gurugram, Haryana, India |
| Towers Infotech Private Limited this company | ₹16.75 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Ind-Velloni (OPC) Private Limited | ₹16.74 Cr (FY 2024) | •••• | •••• | 1026.0% | •••• | Thane, Maharashtra, India |
| Vaishnavi Digipayments Private Limited | ₹16.74 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Noida, Uttar Pradesh, India |
| MDS Digital Media Private Limited | ₹16.72 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Thane, Maharashtra, India |
| Astrea IT Services Private Limited | ₹16.72 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Galytix Analytics Private Limited | ₹16.69 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Towers Infotech by revenue in the same principal business activity (Other information & communication service activities), 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 Towers Infotech Private Limited
Towers Infotech Private Limited is audited by M A NARASIMHAN & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M A NARASIMHAN & CO | 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 Towers Infotech 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 Towers Infotech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2020 | Others | ₹5 Cr | Open |
| 08 Jun 2016 | Others | ₹6.9 Lakh | Open |
| 06 Aug 2010 | Sree Charan Souhardha Co Operative Bank | ₹2.75 Cr | Satisfied |
| 10 Jul 2007 | Punjab National Bank | ₹2.5 Lakh | Satisfied |
| 21 Feb 2007 | Punjab National Bank | ₹6.4 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Towers Infotech Private Limited
Employment history and EPFO contributions of people linked to Towers Infotech.
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 Towers Infotech Private Limited
Towers Infotech Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Prakash Nagabushan was appointed as Director on 20 Oct 2000.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Towers Infotech 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 Towers Infotech 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 Towers Infotech 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 Towers Infotech Private Limited
Towers Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT4270H1Z8 | 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 Towers Infotech 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 Towers Infotech Private Limited
Towers Infotech 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 20 October 2000 (26+ years old) and is registered under CIN U85110KA2000PTC028004.
Towers Infotech reported revenue of ₹16.75 Cr for FY 2024 (up 1% YoY).
Towers Infotech has 2 current directors:
- Prakash Nagabushan - Director
- Ramanujapuram Manikernike Srivas - Director
Towers Infotech reported a net profit of ₹73.47 Lakh (net margin 4.4%) and EBITDA of ₹1.21 Cr (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Towers Infotech is 20% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Towers Infotech is 29AABCT4270H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Towers Infotech is U85110KA2000PTC028004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Towers Infotech was incorporated on 20 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Towers Infotech by revenue are Aipalette India Private Limited, Hexacorp Technical Services Private Limited, Pebbles and Sand Consulting Services Private Limited, Calling 24O7 BPO Services Private Limited, Sparsa Digital Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Prakash Nagabushan was appointed as Director on 20 Oct 2000. Ramanujapuram Manikernike Srivas was appointed as Director on 20 Oct 2000.
Towers Infotech can be reached through the website towersinfotech.com. Its registered office is in Bangalore, Karnataka, India.