About Youngminds Technology Solutions Private Limited
Data last updated:
Youngminds Technology Solutions Private Limited is a private limited company based in Tirupati, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2013PTC089436. Its GSTIN is 37AAACY6310Q1ZV (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinay Angalakutti and Vineela Raavi.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 303 & 304 Avr Complex Balaji Colony Opp: S. V. Music College Tirupati, Andhra Pradesh, India – 517502.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.5 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Lakh (net margin 1.4%) and EBITDA of ₹36.72 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 63% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: PetroSoft and Ymts India.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ymtsindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 303 & 304 Avr Complex Balaji Colony Opp: S. V. Music College Tirupati, Andhra Pradesh, India – 517502
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
Associated Brands with Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions operates two associated brands: PetroSoft and YMTS INDIA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ERP software for tracking sales, inventory, and operations in fuel stations. | petrolbunksoftware.com | |
| YMTS INDIA specializes in application development services for custom software solutions. | ymtsindia.com |
Competitors & Alternatives of Youngminds Technology Solutions Private Limited
Brands and companies operating in the same space as Youngminds Technology Solutions Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 PDI Technologies | Analytics software solutions are provided to brands and retailers. | Alpharetta, United States | 1983 |
 The Right Fuelcard Company | Fuel station management solutions are delivered via an online platform. | Leeds, United Kingdom | 2011 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
Business Activity of Youngminds Technology Solutions Private Limited
The main business activity of Youngminds Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Auditor Details of Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions Private Limited is audited by H B H & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H B H & CO | 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 Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Angalakutti | Director | 12 Aug 2013 | 13 Years 1 Months | Current |
| Vineela Raavi | Director | 24 Mar 2017 | 9 Years 6 Months | Current |
Financials of Youngminds Technology Solutions Private Limited FY 2024 filings available
Youngminds Technology Solutions Private Limited reported revenue of ₹2.5 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Youngminds Technology Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 8% growth in the latest year. EBITDA rose 62% 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 Youngminds Technology 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 | ₹36.72 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.6 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 Youngminds Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Youngminds Technology 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.
Ownership and Shareholding of Youngminds Technology 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 Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions Private Limited has a workforce of 29 employees as of Apr 01, 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.
GST Compliance of Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACY6310Q1ZV | Andhra Pradesh | Active | 11 Jan 2019 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Youngminds Technology 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 Youngminds Technology 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 Youngminds Technology 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.
MCA Filings & Documents of Youngminds Technology 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.
Recent Activity on Youngminds Technology Solutions Private Limited
Frequently Asked Questions about Youngminds Technology Solutions Private Limited
Youngminds Technology Solutions is an active private limited company based in Tirupati, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN U72200AP2013PTC089436.
Youngminds Technology Solutions reported revenue of ₹2.5 Cr for FY 2024 (up 8% YoY).
Youngminds Technology Solutions has 2 current directors:
- Vinay Angalakutti - Director
- Vineela Raavi - Director
Youngminds Technology Solutions reported a net profit of ₹3.6 Lakh (net margin 1.4%) and EBITDA of ₹36.72 Lakh (EBITDA margin 14.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Youngminds Technology Solutions is 43% over three years and 63% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Youngminds Technology Solutions is 37AAACY6310Q1ZV, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Youngminds Technology Solutions is U72200AP2013PTC089436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Youngminds Technology Solutions was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.
Yes, Youngminds Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).