DPIIT recognised startup Government of India
Startup India
Tsit Digital Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.04 Cr
▼ 27% YoY
Net loss · FY 2025
₹59,908
Net margin 0%
EBITDA · FY 2025
₹91.71 Lakh
EBITDA margin 1.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹11.75 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Tsit Digital Technologies Private Limited
Data last updated:
Tsit Digital Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC129688. Its GSTIN is 36AAHCT1165H1ZB (Telangana). The company holds 2 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 Techstar It Services Private Limited. It is led by directors including Karemgar Shyam Sundar Reddy (Managing Director) and Raghu Prasad Chittimalla.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.04 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹59,908 (net margin 0%) and EBITDA of ₹91.71 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 52% over five years.
The company is associated with 1 brand: TechStar IT Services. As per MCA filings, the company has open charges of ₹11.75 Cr on record.
Tsit Digital Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0012571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tsitdigital.com.
Company details
CIN U72900TG2019PTC129688
Registration Number 129688
Incorporation Date 11 January 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TS-02-0012571
Key People
Karemgar Shyam Sundar Reddy Managing Director Raghu Prasad Chittimalla Director Ashok Kumar Chittiprolu Director Recognitions & Rankings of Tsit Digital Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0012571
Contact details
Tsit Digital Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is tsitdigital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.306 Ayyapa Society, Madhapur, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Tsit Digital Technologies Private Limited, buy the company report.
Comprehensive company report
Tsit Digital Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Tsit Digital Technologies operates one associated brand: TechStar IT Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers staffing, recruitment, and IT services. | techstaritservices.com |
Business activity
The main business activity of Tsit Digital Technologies 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 Tsit Digital Technologies Private Limited, buy the company report.
Financials of Tsit Digital Technologies Private Limited
FY 2025 filings availableTsit Digital Technologies Private Limited reported revenue of ₹50.04 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹50.04 Cr ▼ 27%
Net loss · FY 2025
₹59,908 margin 0%
EBITDA · FY 2025
₹91.71 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 16%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 24%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA fell 77% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹50.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹91.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59,908 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0% | ||||
| 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 Tsit Digital Technologies Private Limited, buy the company report.
Board of directors of Tsit Digital Technologies Private Limited
Tsit Digital Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghu Prasad Chittimalla | Director | 11 Jan 2019 | 7 Years 10 Months | Current |
| Ashok Kumar Chittiprolu | Director | 11 Jan 2019 | 7 Years 10 Months | Current |
| Karemgar Shyam Sundar Reddy Also directs: Hindonyx Software India Private Limited | Managing Director | 25 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Tsit Digital Technologies Private Limited is audited by BEJUGAM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BEJUGAM & CO. | FY 2023 | 009881S |
Shareholding
The shareholding of Tsit Digital Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tsit Digital Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2026 | 101387066 | Hdfc Bank Limited | ₹51 Lakh | Open | |
| 01 Mar 2024 | 100893700 | Hdfc Bank Limited | ₹11 Cr | Open | |
| 08 Dec 2021 | 100518120 | Hdfc Bank Limited | ₹24.22 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Tsit Digital Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tsit Digital Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tsit Digital Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCT1165H1ZB | Telangana | Active | 27 Apr 2019 |
| 29AAHCT1165H1Z6 | Karnataka | Active | 05 Jun 2021 |
To see the full GST registrations and return filing status of Tsit Digital Technologies Private Limited, buy the company report.
Recent activity
Tsit Digital Technologies Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Srinivas Ratnakar Reddy Surukunti ceased to be Director on 22 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 51.00 Lakh with Charge ID 101387066 was registered on 20 Aug 2026.
AGM
Tsit Digital Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tsit Digital Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,100.00 Lakh with Charge ID 100893700 was registered on 01 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.22 Lakh with Charge ID 100518120 was registered on 08 Dec 2021.
Ceased
Srinivas Ratnakar Reddy Surukunti ceased to be Director.
Appointed
Karemgar Shyam Sundar Reddy was appointed as Managing Director.
Ceased
Shyam Sundar Reddy Karemgar ceased to be Additional Director.
Appointed
Ashok Kumar Chittiprolu was appointed as Director.
Appointed
Raghu Prasad Chittimalla was appointed as Director.
Incorporation
11 Jan 2019
Tsit Digital Technologies Private Limited was registered on 11 Jan 2019 with Roc Hyderabad & aged 7 years 10 months as per MCA records.
Frequently asked questions
Tsit Digital Technologies is an active private 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 11 January 2019 (7+ years old) and is registered under CIN U72900TG2019PTC129688.
Tsit Digital Technologies has 3 current directors:
- Karemgar Shyam Sundar Reddy - Managing Director
- Raghu Prasad Chittimalla - Director
- Ashok Kumar Chittiprolu - Director
The latest financial statements of Tsit Digital Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Tsit Digital Technologies is 36AAHCT1165H1ZB, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCT1165H1Z6 (Karnataka).
The CIN (Corporate Identification Number) of Tsit Digital Technologies is U72900TG2019PTC129688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tsit Digital Technologies was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Srinivas Ratnakar Reddy Surukunti ceased to be Director on 22 Jan 2021. Karemgar Shyam Sundar Reddy was appointed as Managing Director on 25 Mar 2019. Shyam Sundar Reddy Karemgar ceased to be Additional Director on 25 Mar 2019. Tsit Digital Technologies has 5 board changes on record in total.
Yes, Tsit Digital Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tsit Digital Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0012571).
Tsit Digital Technologies can be reached through the website tsitdigital.com. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages