
About Veritas Soft Solutions Private Limited
Data last updated:
Veritas Soft Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC095546.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kodakandla Abhijithreddy and Kodakandla Shobharani.
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 8 – 2 – 624/A/1 Ikevalevel1 Mbtowers Am10 Roadno.10 Banjarahills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.25 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹29,200 (net margin -1.5%) and EBITDA of ₹2,500 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 19% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritassoft.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address8 – 2 – 624/A/1 Ikevalevel1 Mbtowers Am10 Roadno.10 Banjarahills, Hyderabad, Telangana, India – 500034
- 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
The main business activity of Veritas Soft 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
Financials of Veritas Soft Solutions Private Limited
FY 2025 filings availableVeritas Soft Solutions Private Limited reported revenue of ₹19.25 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA fell 86% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹2,500 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹29,200 | |
| 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.1% | |
| Net Profit Margin | -1.5% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Veritas Soft Solutions are in the company report.
: available in the company report
Board of Directors of Veritas Soft Solutions Private Limited
Veritas Soft Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kodakandla Abhijithreddy Also directs: Ozhill (OPC) Private Limited, Quant360 Private Limited | Director | 05 Sep 2025 | 1 Years 1 Months | Current |
| Kodakandla Shobharani Also directs: Quant360 Private Limited | Director | 05 Sep 2025 | 1 Years 1 Months | Current |
Peer Comparison
Veritas Soft Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bytequest IT Solutions Private Limited | ₹19.26 Lakh (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Afoniq Software Private Limited | ₹19.26 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Ikiwi Technologies Private Limited | ₹19.26 Lakh (FY 2023) | •••• | •••• | •••• | Jangareddigudem, Andhra Pradesh, India | |
| Comlife Technical Consultant Private Limited | ₹19.26 Lakh (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Staart Buildtech Private Limited | ₹19.26 Lakh (FY 2024) | •••• | •••• | 244.0% | •••• | Hyderabad, Telangana, India |
| Veritas Soft Solutions Private Limited this company | ₹19.25 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Tor-Comm Limited | ₹19.25 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the companies nearest to Veritas Soft Solutions by revenue, above and below it, in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Veritas Soft Solutions Private Limited is audited by S M V & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S M V & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Veritas Soft Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Veritas Soft Solutions Private Limited has a workforce of 1 employees as of Apr 07, 2024.
: available in the company report
Recent Activity
Veritas Soft Solutions Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Kodakandla Abhijithreddy was appointed as Director on 05 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Veritas Soft Solutions 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 05 September 2014 (12+ years old) and is registered under CIN U72200TG2014PTC095546.
Veritas Soft Solutions has 2 current directors:
- Kodakandla Abhijithreddy - Director
- Kodakandla Shobharani - Director
The latest financial statements of Veritas Soft Solutions 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 CIN (Corporate Identification Number) of Veritas Soft Solutions is U72200TG2014PTC095546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Soft Solutions was incorporated on 05 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Veritas Soft Solutions by revenue are Bytequest IT Solutions Private Limited, Afoniq Software Private Limited, Ikiwi Technologies Private Limited, Comlife Technical Consultant Private Limited, Staart Buildtech Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kodakandla Abhijithreddy was appointed as Director on 05 Sep 2025. Kodakandla Shobharani was appointed as Director on 05 Sep 2025. Sivanagababu Bommothu ceased to be Director on 02 Mar 2018. Veritas Soft Solutions has 7 board changes on record in total.
Veritas Soft Solutions can be reached through the website veritassoft.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Veritas Soft Solutions is at 8 – 2 – 624A1 Ikevalevel1 Mbtowers Am10 Roadno.10 Banjarahills, Hyderabad, Telangana, India – 500034.
Veritas Soft Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Veritas Soft Solutions is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.