
About Vitech Systems Asia Private Limited
Data last updated:
Vitech Systems Asia Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Vitech Systems Sub Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2003PTC041718. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Prevator Software India Private Limited. It is led by directors Santosh Kumar Rout and Manohara Babu Aravapalli.
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 Building No12D 7th Floor Sundew Properties Limited Survey No 64 Part Raheja IT Park, Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹278.01 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹28.35 Cr (net margin 10.2%) and EBITDA of ₹40.74 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 22% over five years.
The company has about 913 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vitech. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2020. Its 5 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Saama Technologies (India) Private Limited with revenue of ₹288.34 Cr. The company has 5 MSME Form 1 returns on record between 2016 and 2021, listing 25 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vitechinc.com.
Company details
CIN history
Vitech Systems Asia has one previous CIN (Corporate Identification Number): U72200AP2003PTC041718. The current CIN is U72200TG2003PTC041718, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2003PTC041718 | Current |
| U72200AP2003PTC041718 | Previous |
Contact details
Vitech Systems Asia Private Limited's registered office is in Hyderabad, Telangana. Its website is vitechinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBuilding No12D 7th Floor Sundew Properties Limited Survey No 64 Part Raheja IT Park Hi – Tec, H City, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vitech Systems Asia 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
Vitech Systems Asia operates one associated brand: Vitech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Administration software for insurance, retirement, and investments is offered. | vitechinc.com |
Business activity
The main business activity of Vitech Systems Asia 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 Vitech Systems Asia Private Limited, buy the company report.
Financials of Vitech Systems Asia Private Limited
FY 2025 filings availableVitech Systems Asia Private Limited reported revenue of ₹278.01 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 20% growth in the latest year. EBITDA rose 13% 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 | ₹40.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.35 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 | 14.7% | ||||
| Net Profit Margin | 10.2% | ||||
| 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 Vitech Systems Asia Private Limited, buy the company report.
Board of directors of Vitech Systems Asia Private Limited
Vitech Systems Asia 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 |
|---|---|---|---|---|
| Santosh Kumar Rout | Director | 06 Nov 2014 | 11 Years 11 Months | Current |
| Manohara Babu Aravapalli | Director | 16 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Vitech Systems Asia Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), 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 |
|---|---|---|---|---|---|---|
| Saama Technologies (India) Private Limited | ₹288.34 Cr (FY 2025) | -10.0% | Pune, Maharashtra, India | |||
| Epicor Software India Private Limited | ₹280.55 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| Bold Technology Systems Private Limited | ₹280.18 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Vitech Systems Asia Private Limitedthis company | ₹278.01 Cr (FY 2025) | ₹28.35 Cr | 10.2% | 20.0% | 913 | Hyderabad, Telangana, India |
| Endava Solutions India Private Limited | ₹265.71 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| Yahoo Software Development India Private Limited | ₹263.26 Cr (FY 2024) | 8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vitech Systems Asia Private Limited, buy the company report.
Auditor
Vitech Systems Asia Private Limited is audited by Ramakrishnan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramakrishnan & Co | FY 2023 | 111822W |
Shareholding
The shareholding of Vitech Systems Asia 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 Vitech Systems Asia Private Limited, buy the company report.
Deals & funding
Vitech Systems Asia Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Vitech Systems Sub LLC Seller: Vitech Systems Group Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vitech Systems Asia Private Limited has 1 court case on record: 1 filed by Vitech Systems Asia. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Commissioner of Income Tax Ward-17 and 3 others | Disposed |
To see the full case history of Vitech Systems Asia Private 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
Vitech Systems Asia Private Limited has 5 MSME Form 1 returns on record between 2016 and 2021, listing 25 overdue payments to 4 micro and small suppliers. 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Metier Advisory Services Private Limited | |||
| Srikaa Aqua Mineral Private Limited | |||
| an individual supplier | |||
| Private Eye Private Limited |
To see the full MSME payment records of Vitech Systems Asia Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vitech Systems Asia Private Limited has a workforce of 913 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Vitech Systems Asia has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vitech Systems Asia Private Limited, buy the company report.
Recent activity
Vitech Systems Asia Private Limited has 16 board changes on record since 2003: 9 appointments and 7 cessations. The latest: Parthasarathy Paravasthu ceased to be Director on 07 Jul 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Vitech Systems Asia 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 18 September 2003 (23+ years old) and is registered under CIN U72200TG2003PTC041718.
Vitech Systems Asia has 2 current directors:
- Santosh Kumar Rout - Director
- Manohara Babu Aravapalli - Director
The latest financial statements of Vitech Systems Asia 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.
No. Vitech Systems Asia has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vitech Systems Asia is U72200TG2003PTC041718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitech Systems Asia has 1 court case on record: 1 filed by the company.
Vitech Systems Asia was incorporated on 18 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vitech Systems Asia has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
The peers of Vitech Systems Asia by revenue are Saama Technologies (India) Private Limited, Epicor Software India Private Limited, Bold Technology Systems Private Limited, Endava Solutions India Private Limited, Yahoo Software Development India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Parthasarathy Paravasthu ceased to be Director on 07 Jul 2025. Aruna Mahesh ceased to be Director on 05 May 2025. Aruna Mahesh was appointed as Director on 03 Jun 2024. Vitech Systems Asia has 16 board changes on record in total.
Vitech Systems Asia has 5 MSME Form 1 returns on record between 2016 and 2021, listing 25 overdue payments to 4 micro and small suppliers. The latest return was filed on 20 Apr 2021.
Vitech Systems Asia can be reached through the website vitechinc.com. Its registered office is in Hyderabad, Telangana, India.