Yes IT Solutions Private Limited
About Yes IT Solutions Private Limited
Data last updated:
Yes IT Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the scientific services segment of the professional services sector. It was incorporated on 28 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC267919. Its GSTIN is 27AAACY7777M1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Asha Malik and Uma Singh.
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 E 704 Dara Enclave Plot No. 6 Army Colony Secotr – 9 Nerul (East), Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.97 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹20.66 Lakh and EBITDA of -₹18.21 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 53% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressE 704 Dara Enclave Plot No. 6 Army Colony Secotr – 9 Nerul (East), Navi Mumbai, Maharashtra, India – 400706
- IndustryProfessional Services, Scientific, Technical, Personal
- 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 Yes IT Solutions Private Limited
The main business activity of Yes IT Solutions is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | 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 Yes IT Solutions Private Limited FY 2025 filings available
Yes IT Solutions Private Limited reported revenue of ₹2.97 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Yes IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 98% fall in the latest year. EBITDA fell 468% 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 Yes IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹18.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.66 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 Yes IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Yes IT Solutions are in the company report.
Financial statements from FY 2016
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 Yes IT Solutions Private Limited
Yes IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ripely Manufacturer Private Limited | ₹3.06 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | Jhansi, Uttar Pradesh, India |
| P.B. Gas & Lighters Private Limited | ₹3.05 Lakh (FY 2024) | •••• | •••• | 126.0% | •••• | Siliguri, West Bengal, India |
| Genius Filters and Systems Private Limited | ₹3.01 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | A Nagar, Visakhapatnam-12, Andhra Pradesh, India |
| Armtel Engineering Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Akp Global Foods Private Limited | ₹2.98 Lakh (FY 2025) | •••• | •••• | 7732.0% | •••• | Kota, Rajasthan, India |
| Yes IT Solutions Private Limited this company | ₹2.97 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Navi Mumbai, Maharashtra, India |
| T2hinnovations Private Limited | ₹2.88 Lakh (FY 2025) | •••• | •••• | •••• | Karunagappally, Kerala, India | |
| Mahabala Concrete Private Limited | ₹2.83 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Kolkata, West Bengal, India |
| Ausmaan Pharmaceuticals (OPC) Private Limited | ₹2.82 Lakh (FY 2024) | •••• | •••• | -57.0% | •••• | Thane, Maharashtra, India |
| Plasttpix Resin India Private Limited | ₹2.82 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Gwalior, Madhya Pradesh, India |
| Eshopazon Private Limited | ₹2.76 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Yes IT Solutions by revenue in the same principal business activity (Other manufacturing), 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 Yes IT Solutions Private Limited
Yes IT Solutions Private Limited is audited by JHAWAR MANTRI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JHAWAR MANTRI & ASSOCIATES | 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 Yes IT Solutions Private Limited
Yes IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Malik Also directs: Tristar Matrix Private Limited | Director | 26 Dec 2020 | 5 Years 9 Months | Current |
| Uma Singh Also directs: Tristar Matrix Private Limited | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Yes IT 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 Yes IT Solutions Private Limited
Yes IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Yes IT Solutions Private Limited
Yes IT Solutions Private Limited has a workforce of 24 employees as of Mar 28, 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 Yes IT Solutions Private Limited
Yes IT Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Asha Malik ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Yes IT 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 Yes IT 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 Yes IT 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 Yes IT Solutions Private Limited
Yes IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY7777M1ZF | Maharashtra | Active | 01 Sep 2017 |
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 Yes IT 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 Yes IT Solutions Private Limited
Yes IT Solutions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in scientific, within the professional services industry. It was incorporated on 28 August 2015 (11+ years old) and is registered under CIN U72300MH2015PTC267919.
Yes IT Solutions reported revenue of ₹2.97 Lakh for FY 2024 (down 98% YoY).
Yes IT Solutions has 2 current directors:
- Asha Malik - Director
- Uma Singh - Director
Yes IT Solutions reported a net loss of ₹20.66 Lakh and EBITDA of -₹18.21 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Yes IT Solutions is -64% over three years and -53% over five years. In the latest year (FY 2024) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Yes IT Solutions is 27AAACY7777M1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Yes IT Solutions is U72300MH2015PTC267919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes IT Solutions was incorporated on 28 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Yes IT Solutions by revenue are Ripely Manufacturer Private Limited, P.B. Gas & Lighters Private Limited, Genius Filters and Systems Private Limited, Armtel Engineering Private Limited, Akp Global Foods Private Limited and 5 more, all in the same principal business activity (Other manufacturing).
Asha Malik ceased to be Additional Director on 30 Nov 2021. Asha Malik was appointed as Director on 26 Dec 2020. Yashpal Kajla ceased to be Additional Director on 21 Dec 2020. Yes IT Solutions has 6 board changes on record in total.
The registered office of Yes IT Solutions is at E 704 Dara Enclave Plot No. 6 Army Colony Secotr – 9 Nerul East, Navi Mumbai, Maharashtra, India – 400706.