About Vdrivit Solutions Private Limited
Data last updated:
Vdrivit Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 November 1996.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72200MH1996PTC104139. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.37 Lakh. It was formerly known as Cybermedia Software Private Limited. It was led by directors including Madhavi Manoj Phadke (Whole-Time Director) and Shriram Bhalchandra Phadke.
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 was at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.2 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.1 Lakh (net margin 54.1%) and EBITDA of ₹21.27 Lakh (EBITDA margin 87.9%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 45% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: vDriviT.
The last known website on record is vdrivit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No 402 Ketaki Ranwara Building, Bawdhan Tal Mulshi, Pune, Maharashtra, India – 411021
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Vdrivit Solutions Private Limited
The main business activity of Vdrivit Solutions 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 Vdrivit Solutions Private Limited FY 2023 filings available
Vdrivit Solutions Private Limited reported revenue of ₹24.2 Lakh (down 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vdrivit Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 5% fall in the latest year. EBITDA rose 11% 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 Vdrivit Solutions 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 | ₹21.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.1 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 Vdrivit Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 54.1% | •••• | •••• | •••• | •••• |
| 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 Vdrivit Solutions 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.
Peer Comparison of Vdrivit Solutions Private Limited
Vdrivit Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syslint Technologies India Private Limited | ₹24.43 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Ayoor, Kerala, India |
| Verus Solutions Private Limited | ₹24.33 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Sun Software Solutions Private Limited | ₹24.26 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Covalent Realty Chetpet Private Limited | ₹24.25 Lakh (FY 2025) | •••• | •••• | 220.0% | •••• | Chennai, Tamil Nadu, India |
| Trata E Systems Private Limited | ₹24.24 Lakh (FY 2023) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Vdrivit Solutions Private Limited this company | ₹24.2 Lakh (FY 2023) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Esat Technologies Private Limited | ₹24.2 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Rigveda Webware Private Limited | ₹24.18 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Vadodara, Gujarat, India |
| M N T Soft Private Limited | ₹24.15 Lakh (FY 2021) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Amskape Information Systems Private Limited | ₹24.13 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | Kochi, Kerala, India |
| Threeg Id Technologies Private Limited | ₹24.13 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Vasai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vdrivit Solutions by revenue in the Information Technology industry (Application Development), 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 Vdrivit Solutions Private Limited
Vdrivit Solutions Private Limited is audited by ABM & ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABM & ASSOCIATES LLP | 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 Vdrivit Solutions Private Limited
Vdrivit Solutions 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 |
|---|---|---|---|---|
| Sandeep Bhargavram Phadke Also directs: Vdrivit Solutions LLP | Additional Director | 01 Jan 2024 | 2 Years 9 Months | As last reported |
| Shriram Bhalchandra Phadke | Director | 01 Mar 2018 | 8 Years 7 Months | As last reported |
| Madhavi Manoj Phadke | Whole-Time Director | 18 Feb 2011 | 15 Years 7 Months | As last reported |
| Nileema Bhargavram Phadke Also directs: Vdrivit Solutions LLP | Additional Director | 01 Jan 2024 | 2 Years 9 Months | As last reported |
| Aditi Sandeep Phadke | Director | 18 Jul 2019 | 7 Years 2 Months | As last reported |
Ownership and Shareholding of Vdrivit Solutions 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 Vdrivit Solutions Private Limited
Vdrivit Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Vdrivit Solutions Private Limited
Vdrivit Solutions operates one associated brand: vDriviT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a unified IT service suite for infrastructure management and user support. | vdrivit.com |
Employees and EPFO Compliance at Vdrivit Solutions Private Limited
Vdrivit Solutions Private Limited has a workforce of 3 employees as of Apr 07, 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 Vdrivit Solutions Private Limited
Vdrivit Solutions Private Limited has 13 board changes on record since 2010: 5 appointments and 8 cessations. The latest: Nileema Bhargavram Phadke was appointed as Additional Director on 01 Jan 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vdrivit Solutions 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 Vdrivit Solutions 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 Vdrivit Solutions 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 Vdrivit Solutions Private Limited
Vdrivit Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Vdrivit Solutions 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 Vdrivit Solutions Private Limited
Vdrivit Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vdrivit Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 26 November 1996 and is registered under CIN U72200MH1996PTC104139. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vdrivit Solutions is U72200MH1996PTC104139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vdrivit Solutions had 5 directors:
- Madhavi Manoj Phadke - Whole-Time Director
- Sandeep Bhargavram Phadke - Additional Director
- Shriram Bhalchandra Phadke - Director
- Nileema Bhargavram Phadke - Additional Director
- Aditi Sandeep Phadke - Director
Vdrivit Solutions was incorporated on 26 November 1996. It is registered with the Registrar of Companies, Pune.
Vdrivit Solutions can be reached through the website vdrivit.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Vdrivit Solutions is at Flat No 402 Ketaki Ranwara Building, Bawdhan Tal Mulshi, Pune, Maharashtra, India – 411021.
Vdrivit Solutions reported revenue of ₹24.2 Lakh for FY 2023 (down 5% YoY).
Vdrivit Solutions has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.37 Lakh.
Vdrivit Solutions reported a net profit of ₹13.1 Lakh (net margin 54.1%) and EBITDA of ₹21.27 Lakh (EBITDA margin 87.9%) for FY 2023, as per its filed financial statements.
No. Vdrivit Solutions has 1 GST registration on record and it is cancelled or inactive.