About Ust Global Technology Services (India) Private Limited
Data last updated:
Ust Global Technology Services (India) Private Limited is a private limited company based in Kochi, Kerala, India, a subsidiary of Us Technology International Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2010PTC025653. Its GSTIN is 32AABCU1636Q1Z5 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Balakrishnan and Ranjith Isaac.
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 Leela Infopark SEZ Kusumagiri Kakkanad, Kochi, Kerala, India – 682030.
As per the financials filed for FY 2025, the company reported a revenue of ₹367.67 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹32.91 Cr (net margin 9%) and EBITDA of ₹65.32 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company has about 1,669 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: UST and UST Global. As per MCA filings, the company has open charges of ₹358 Cr and satisfied charges of ₹39.64 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2011. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 smaller; the largest is Headstrong Services India Private Limited with revenue of ₹365.73 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ust-global.com.
Company details
Contact details
Ust Global Technology Services (India) Private Limited's registered office is in Kochi, Kerala. Its website is ust-global.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLeela Infopark SEZ Kusumagiri Kakkanad, Kochi, Kerala, India – 682030
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ust Global Technology Services (India) Private 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
Ust Global Technology Services (India) operates two associated brands: UST and UST Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of data analytics, cloud modernization, management strategy, and digital transformation services | ust.com | |
| An enterprise mobility platform for the field services industry. | ust-global.com |
Business activity
The main business activity of Ust Global Technology Services (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ust Global Technology Services (India) Private Limited, buy the company report.
Financials of Ust Global Technology Services (India) Private Limited
FY 2025 filings availableUst Global Technology Services (India) Private Limited reported revenue of ₹367.67 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 17% growth in the latest year. EBITDA rose 19% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹65.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.91 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 9% | ||||
| 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 Ust Global Technology Services (India) Private Limited, buy the company report.
Board of directors of Ust Global Technology Services (India) Private Limited
Ust Global Technology Services (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Balakrishnan Also directs: Pragmasys Consulting LLP, Ust Global Welfare Foundation | Director | 30 Jun 2011 | 15 Years 3 Months | Current |
| Ranjith Isaac Also directs: Alsbridge Advisory Private Limited, Xpanxion International Private Limited, Transversal E Networks Private Limited and 5 more | Director | 25 Mar 2022 | 4 Years 6 Months | Current |
Peer comparison
Ust Global Technology Services (India) Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ust Global Technology Services (India) Private Limitedthis company | ₹367.67 Cr (FY 2025) | ₹32.91 Cr | 9% | 17.0% | 1,669 | Kochi, Kerala, India |
| Headstrong Services India Private Limited | ₹365.73 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Thirdware Solution Limited | ₹361.21 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Gspann Technologies (India) Private Limited | ₹360.79 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ust Global Technology Services (India) Private Limited, buy the company report.
Auditor
Ust Global Technology Services (India) Private Limited is audited by B S R & CO, LLP CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO, LLP CHARTERED ACCOUNTANTS | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Ust Global Technology Services (India) 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 Ust Global Technology Services (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2025 | 101165739 | State Bank of India | ₹358 Cr | Open | |
| 16 Dec 2014 | 10542212 | State Bank of India | ₹39.64 Cr | Satisfied |
To see the full charge records of Ust Global Technology Services (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ust Global Technology Services (India) Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Us Technology International Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ust Global Technology Services (India) 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
Ust Global Technology Services (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Faman Services and Solutions |
To see the full MSME payment records of Ust Global Technology Services (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ust Global Technology Services (India) Private Limited has a workforce of 1,669 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Ust Global Technology Services (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCU1636Q1Z5 | Kerala | Active | 01 Jul 2017 |
| 32AABCU1636Q2Z4 | Kerala | Active | 14 Sep 2019 |
To see the full GST registrations and return filing status of Ust Global Technology Services (India) Private Limited, buy the company report.
Recent activity
Ust Global Technology Services (India) Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Ranjith Isaac ceased to be Additional Director on 30 Sep 2022.
5 earlier events are in the company report.
News
Frequently asked questions
Ust Global Technology Services (India) is an active private limited company based in Kochi, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 March 2010 (16+ years old) and is registered under CIN U72200KL2010PTC025653.
Ust Global Technology Services (India) has 2 current directors:
- Sunil Balakrishnan - Director
- Ranjith Isaac - Director
The latest financial statements of Ust Global Technology Services (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 Ust Global Technology Services (India) is 32AABCU1636Q1Z5, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCU1636Q2Z4 (Kerala).
The CIN (Corporate Identification Number) of Ust Global Technology Services (India) is U72200KL2010PTC025653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ust Global Technology Services (India) was incorporated on 10 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ust Global Technology Services (India) has 1 deal on record (1 secondary share transfer); the latest was in September 2011.
The peers of Ust Global Technology Services (India) by revenue are Headstrong Services India Private Limited, Thirdware Solution Limited, Gspann Technologies (India) Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Ranjith Isaac ceased to be Additional Director on 30 Sep 2022. Venkatasubramaniam Sankaran ceased to be Director on 06 Apr 2022. Ranjith Isaac was appointed as Director on 25 Mar 2022. Ust Global Technology Services (India) has 9 board changes on record in total.
Ust Global Technology Services (India) has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
Ust Global Technology Services (India) can be reached through the website ust-global.com. Its registered office is in Kochi, Kerala, India.
The registered office of Ust Global Technology Services (India) is at Leela Infopark SEZ Kusumagiri Kakkanad, Kochi, Kerala, India – 682030.