Ultimo Software Solutions India Private Limited
About Ultimo Software Solutions India Private Limited
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Ultimo Software Solutions India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72501TG2016PTC112466. Its GSTIN is 36AABCU9952B1Z9 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkata Subhash Chandra Babu Pasumarthy and Durga Devi Pasumarthy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No 1605 16th Floor Bhabhukhan Estates Basheerbagh, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.46 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.98 Lakh (net margin 3.7%) and EBITDA of ₹13.03 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 47% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No 1605 16th Floor Bhabhukhan Estates Basheerbagh, Hyderabad, Telangana, India – 500001
- 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
Business Activity of Ultimo Software Solutions India Private Limited
The main business activity of Ultimo Software Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Ultimo Software Solutions India Private Limited FY 2023 filings available
Ultimo Software Solutions India Private Limited reported revenue of ₹2.46 Cr (up 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ultimo Software Solutions India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 8% growth in the latest year. EBITDA fell 61% 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 Ultimo Software Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.98 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ultimo Software Solutions India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Ultimo Software Solutions India are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jeevansathi Internet Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ozo Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Technor Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Nextbridge IT Solutions Private Limited | •••• | •••• | •••• | •••• | 16 | Hyderabad, Telangana, India |
| Async Systems Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
| Ultimo Software Solutions India Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Alpine Infosystem Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Petra Infoserv Private Limited | •••• | •••• | •••• | •••• | - | Kochi, Kerala, India |
| Insight Lifecycle Software & Consulting Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Jujama Solutions Private Limited | •••• | •••• | •••• | •••• | - | Qutubullapur, Telangana, India |
| Subhujo Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ultimo Software Solutions India by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India Private Limited is audited by A S K M & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S K M & 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.
Board of Directors of Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Subhash Chandra Babu Pasumarthy | Director | 17 Oct 2016 | 9 Years 11 Months | Current |
| Durga Devi Pasumarthy | Director | 17 Oct 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Ultimo Software Solutions 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 Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India Private Limited has a workforce of 8 employees as of Mar 23, 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 Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Durga Devi Pasumarthy was appointed as Director on 17 Oct 2016.
Credit Ratings, Litigation & Regulatory Alerts for Ultimo Software Solutions 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 Ultimo Software Solutions 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 Ultimo Software Solutions 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 Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCU9952B1Z9 | Telangana | Active | 30 Oct 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 Ultimo Software Solutions 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.
Frequently Asked Questions about Ultimo Software Solutions India Private Limited
Ultimo Software Solutions India is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 October 2016 (10+ years old) and is registered under CIN U72501TG2016PTC112466.
Ultimo Software Solutions India reported revenue of ₹2.46 Cr for FY 2023 (up 8% YoY).
Ultimo Software Solutions India has 2 current directors:
- Venkata Subhash Chandra Babu Pasumarthy - Director
- Durga Devi Pasumarthy - Director
Ultimo Software Solutions India reported a net profit of ₹8.98 Lakh (net margin 3.7%) and EBITDA of ₹13.03 Lakh (EBITDA margin 5.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ultimo Software Solutions India is 45% over three years and 47% over five years. In the latest year (FY 2023) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ultimo Software Solutions India is 36AABCU9952B1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Ultimo Software Solutions India is U72501TG2016PTC112466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultimo Software Solutions India was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ultimo Software Solutions India by revenue are Jeevansathi Internet Services Private Limited, Ozo Solutions Private Limited, Technor Solutions Private Limited, Nextbridge IT Solutions Private Limited, Async Systems Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Durga Devi Pasumarthy was appointed as Director on 17 Oct 2016. Venkata Subhash Chandra Babu Pasumarthy was appointed as Director on 17 Oct 2016.
The registered office of Ultimo Software Solutions India is at Flat No 1605 16th Floor Bhabhukhan Estates Basheerbagh, Hyderabad, Telangana, India – 500001.