- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0190443

About Udyog Software (India) Limited
Data last updated:
Udyog Software (India) Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Adaequare Info Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 17 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PLC126596. Its GSTIN is 27AAACU4272D1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹44.53 Lakh. It is led by directors including Pavan Peechara and Kiran Kumar Lumburu.
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 Premises No. 614 6th Floor Neelkanth Corporate It Kirol Road Vidyavihar Mumbai (West), Maharashtra, India – 400086.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.1 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Cr (net margin -25.4%) and EBITDA of -₹1.47 Cr (EBITDA margin -20.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
The company is associated with 1 brand: Udyog Software. As per MCA filings, the company has satisfied charges of ₹3.19 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Udyog Software (India) Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0190443). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website udyogsoftware.com.
Company details
CIN history
Udyog Software (India) has one previous CIN (Corporate Identification Number): U72200MH2000PTC126596. The current CIN is U72200MH2000PLC126596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2000PLC126596 | Current |
| U72200MH2000PTC126596 | Previous |
Recognitions & Rankings of Udyog Software (India)
Contact details
Udyog Software (India) Limited's registered office is in Mumbai, Maharashtra. Its website is udyogsoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPremises No. 614 6th Floor Neelkanth Corporate It Kirol Road Vidyavihar Mumbai (West), Maharashtra, India – 400086
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Udyog Software (India) 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
Brands
Udyog Software (India) operates one associated brand: Udyog Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Accounting and GST compliance software is provided for businesses. | udyogsoftware.com |
Business activity
The main business activity of Udyog Software (India) 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 Udyog Software (India) Limited, buy the company report.
Financials of Udyog Software (India) Limited
FY 2025 filings availableUdyog Software (India) Limited reported revenue of ₹7.1 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 22% fall in the latest year. EBITDA fell 189% 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 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 | -₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.8 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.7% | ||||
| Net Profit Margin | -25.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Udyog Software (India) Limited, buy the company report.
Board of directors of Udyog Software (India) Limited
Udyog Software (India) has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavan Peechara Also directs: Adaequare Projects Private Limited, Adaequare Info Private Limited, Adaequare Software Engineering Private Limited and 4 more | Director | 10 Jul 2009 | 17 Years 3 Months | Current |
| Kiran Kumar Lumburu | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
| Naveen Mamidi Also directs: Taxilla IT Solutions Private Limited, Your Volta Services Private Limited, Volta Fleet Services Private Limited and 1 more | Director | 25 Jul 2018 | 8 Years 3 Months | Current |
| Tushar Tayshete Also directs: Mstoreindia Digital Platform Private Limited | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
| Peechara Neelima Also directs: Adaequare Info Private Limited, Taxilla IT Solutions Private Limited, Adaequare Technologies Private Limited and 1 more | Director | 25 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Udyog Software (India) Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skuteam India Private Limited | ₹7.1 Cr (FY 2024) | 42.0% | Chennai, Tamil Nadu, India | |||
| Udyog Software (India) Limitedthis company | ₹7.1 Cr (FY 2024) | -₹1.8 Cr | -25.4% | -22.0% | Mumbai, Maharashtra, India | |
| Squadx Innovations Private Limited | ₹7.09 Cr (FY 2025) | 48.0% | Gurgaon, Haryana, India | |||
| Vision Tree Software Services Private Limited | ₹7.09 Cr (FY 2025) | -30.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Udyog Software (India) Limited, buy the company report.
Auditor
Udyog Software (India) Limited is audited by AGARWAL AND LADDA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL AND LADDA | FY 2020 | 012510S |
Shareholding
The shareholding of Udyog Software (India) Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Udyog Software (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2006 | 10030106 | New India Co-Op. Bank Ltd. | ₹25 Lakh | Satisfied | |
| 08 Nov 2006 | 10030642 | New India Co-Op. Bank Ltd. | ₹20 Lakh | Satisfied | |
| 12 May 2006 | 10006319 | New India Co-Op. Bank Ltd. | ₹2.25 Lakh | Satisfied | |
| 06 Feb 2006 | 80016493 | New India Co-Op. Bank Ltd | ₹68 Lakh | Satisfied | |
| 16 Dec 2003 | 90232846 | New India Co-Op. Bank Ltd. | ₹83 Lakh | Satisfied |
To see the full charge records of Udyog Software (India) Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Udyog Software (India) Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax | Disposed |
To see the full case history of Udyog Software (India) 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 Udyog Software (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Udyog Software (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU4272D1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Udyog Software (India) Limited, buy the company report.
Recent activity
Udyog Software (India) Limited has 13 board changes on record since 2009: 5 appointments and 8 cessations. The latest: Kiran Kumar Lumburu was appointed as Director on 27 Mar 2023.
23 earlier events are in the company report.
Frequently asked questions
Udyog Software (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 17 May 2000 (26+ years old) and is registered under CIN U72200MH2000PLC126596.
Udyog Software (India) has 5 current directors:
- Pavan Peechara - Director
- Kiran Kumar Lumburu - Director
- Naveen Mamidi - Director
- Tushar Tayshete - Director
- Peechara Neelima - Director
The latest financial statements of Udyog Software (India) 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 2015 are in the company report.
The GSTIN of Udyog Software (India) is 27AAACU4272D1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Udyog Software (India) is U72200MH2000PLC126596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udyog Software (India) has 1 court case on record: 1 filed against it.
Udyog Software (India) was incorporated on 17 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Udyog Software (India) by revenue are Skuteam India Private Limited, Squadx Innovations Private Limited, Vision Tree Software Services Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities).
Kiran Kumar Lumburu was appointed as Director on 27 Mar 2023. Tushar Tayshete was appointed as Director on 27 Mar 2023. Narasingh Rao Peechara ceased to be Director on 24 Sep 2019. Udyog Software (India) has 13 board changes on record in total.
Yes, Udyog Software (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0190443).
Udyog Software (India) can be reached through the website udyogsoftware.com. Its registered office is in Mumbai, Maharashtra, India.