Startup India Government of India
Workist for IT Private Limited - business services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.67 Lakh
▼ 76% YoY
Net loss · FY 2020
₹18,420
Net margin -11%
EBITDA · FY 2020
₹6,861
EBITDA margin 4.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Workist for IT Private Limited
Data last updated:
Workist for IT Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 26 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PTC120275. Its GSTIN is 36AAGCK8173K1Z0 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mylapaka Narayanna and Narsimha Mylapaka.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Unit No:704 7th Floor Manjeera Trinity Corporate Eseva Ln K P H B Phase 3 Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.67 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹18,420 (net margin -11%) and EBITDA of ₹6,861 (EBITDA margin 4.1%).
The company is associated with 1 brand: Workist For IT.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website workistforit.com.
Company details
CIN U74999TG2017PTC120275
Registration Number 120275
Incorporation Date 26 October 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Workist for IT
Contact details
Workist for IT Private Limited's registered office is in Hyderabad, Telangana. Its website is workistforit.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No:704 7th Floor Manjeera Trinity Corporate Eseva Ln K P H B Phase 3 Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Workist for IT Private Limited, buy the company report.
Comprehensive company report
Workist for IT Private Limited - one report that includes everything
- 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
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Brands
Workist for IT operates one associated brand: Workist For IT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive IT services and consulting solutions. | workistforit.com |
Financials of Workist for IT Private Limited
FY 2021 filings availableWorkist for IT Private Limited reported revenue of ₹1.67 Lakh (down 76% YoY) for FY 2020.
Revenue · FY 2020
₹1.67 Lakh ▼ 76%
Net loss · FY 2020
₹18,420 margin -11%
EBITDA · FY 2020
₹6,861 margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 76%
Revenue fell 76% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.67 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6,861 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹18,420 | ||
| 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.1% | ||
| Net Profit Margin | -11% | ||
| 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 Workist for IT Private Limited, buy the company report.
Board of directors of Workist for IT Private Limited
Workist for IT has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mylapaka Narayanna | Additional Director | 21 Jan 2022 | 4 Years 9 Months | Current |
| Narsimha Mylapaka | Additional Director | 21 Jan 2022 | 4 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Workist for IT 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
No delayed payments to MSME suppliers are on our record for Workist for IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Workist for IT has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCK8173K1Z0 | Telangana | Active | 30 Apr 2022 |
To see the full GST registrations and return filing status of Workist for IT Private Limited, buy the company report.
Recent activity
Workist for IT Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Karri Abhishakar ceased to be Director on 21 Jan 2022.
Ceased
Karri Abhishakar ceased to be Director.
Appointed
Mylapaka Narayanna was appointed as Additional Director.
Appointed
Narsimha Mylapaka was appointed as Additional Director.
Ceased
Sanjeev Kakaraparthi ceased to be Director.
AGM
Workist For It Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Workist For It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Saikumar Siripuram ceased to be Director.
Incorporation
26 Oct 2017
Workist For It Private Limited was registered on 26 Oct 2017 with Roc Hyderabad & aged 9 years 4 days as per MCA records.
Frequently asked questions
Workist for IT is an active private limited company based in Hyderabad, Telangana, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 26 October 2017 (9+ years old) and is registered under CIN U74999TG2017PTC120275.
Workist for IT has 2 current directors:
- Mylapaka Narayanna - Additional Director
- Narsimha Mylapaka - Additional Director
The latest financial statements of Workist for IT on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Workist for IT is 36AAGCK8173K1Z0, registered in Telangana.
The CIN (Corporate Identification Number) of Workist for IT is U74999TG2017PTC120275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workist for IT was incorporated on 26 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Karri Abhishakar ceased to be Director on 21 Jan 2022. Mylapaka Narayanna was appointed as Additional Director on 21 Jan 2022. Narsimha Mylapaka was appointed as Additional Director on 21 Jan 2022. Workist for IT has 5 board changes on record in total.
Yes, Workist for IT is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Workist for IT can be reached through the website workistforit.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Workist for IT is at Unit No:704 7th Floor Manjeera Trinity Corporate Eseva Ln K P H B Phase 3 Kukatpally, Hyderabad, Telangana, India – 500072.
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