About Zen Quality Assurance Private Limited
Data last updated:
Zen Quality Assurance Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Qualitest Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 June 2003.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2003PTC041188. Its GSTIN is 36AAACZ2062L2Z4 (Telangana). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.04 Cr. It was led by directors including Wilmot Christopher John and Mathai Mathew.
Its last annual general meeting (AGM) was held on 30 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹137.87 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹16.31 Cr (net margin 11.8%) and EBITDA of ₹30.79 Cr (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 24% over five years.
The company had about 573 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: ZenQ. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 7 deals on record (7 secondary share transfers); the latest was in June 2022.
The last known website on record is zenq.com.
Company details
CIN history
Zen Quality Assurance has one previous CIN (Corporate Identification Number): U72200AP2003PTC041188. The current CIN is U72200TG2003PTC041188, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2003PTC041188 | Current |
| U72200AP2003PTC041188 | Previous |
Contact details
Zen Quality Assurance Private Limited's registered office is in Hyderabad, Telangana. Its website is zenq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st 2nd 3rd Floor Atria Building Plot No. 17 Survey No. 64/2 Software Units Layout, Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Zen Quality Assurance 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
Business activity
The main business activity of Zen Quality Assurance is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Zen Quality Assurance Private Limited, buy the company report.
Financials of Zen Quality Assurance Private Limited
FY 2023 filings availableZen Quality Assurance Private Limited reported revenue of ₹137.87 Cr (up 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 30% growth in the latest year. EBITDA fell 27% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹137.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.31 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Zen Quality Assurance Private Limited, buy the company report.
Board of directors of Zen Quality Assurance Private Limited
Zen Quality Assurance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wilmot Christopher John | Director | 17 Jun 2022 | 4 Years 4 Months | As last reported |
| Mathai Mathew | Director | 17 Jun 2022 | 4 Years 4 Months | As last reported |
| Rajesh Subramony | Director | 17 Jun 2022 | 4 Years 4 Months | As last reported |
Auditor
Zen Quality Assurance Private Limited is audited by Jayant and Sadashiv for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayant and Sadashiv | FY 2023 | 001297S |
Shareholding
The shareholding of Zen Quality Assurance 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 Zen Quality Assurance Private Limited, buy the company report.
Deals & funding
Zen Quality Assurance Private Limited has 7 deals on record (7 secondary share transfers); the latest was in June 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Qualitest Technologies Private Limited Seller: 2 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Qualitest Infotech Private Limited Seller: 2 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Zen Quality Assurance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zen Quality Assurance Private Limited has 3 court cases on record: 3 filed by Zen Quality Assurance. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Additional Commissioner of Central Tax and 3 others | Pending |
| NCLT, Hyderabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Zen Quality Assurance 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
No delayed payments to MSME suppliers are on our record for Zen Quality Assurance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zen Quality Assurance Private Limited has a workforce of 573 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Zen Quality Assurance has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACZ2062L2Z4 | Telangana | Active | 10 Oct 2017 |
To see the full GST registrations and return filing status of Zen Quality Assurance Private Limited, buy the company report.
Recent activity
Zen Quality Assurance Private Limited has 9 board changes on record since 2003: 6 appointments and 3 cessations. The latest: Nitin Ashok Dharamshi ceased to be Director on 30 Aug 2023.
Frequently asked questions
Zen Quality Assurance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Zen Quality Assurance was a private limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 18 June 2003 and is registered under CIN U72200TG2003PTC041188. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zen Quality Assurance was incorporated on 18 June 2003. It is registered with the Registrar of Companies, Hyderabad.
Zen Quality Assurance had 3 directors:
- Wilmot Christopher John - Director
- Mathai Mathew - Director
- Rajesh Subramony - Director
The CIN (Corporate Identification Number) of Zen Quality Assurance is U72200TG2003PTC041188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Zen Quality Assurance is at 1st 2nd 3rd Floor Atria Building Plot No. 17 Survey No. 642 Software Units Layout, Madhapur, Hyderabad, Telangana, India – 500081.
Zen Quality Assurance can be reached through the website zenq.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Zen Quality Assurance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Zen Quality Assurance is 36AAACZ2062L2Z4, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Zen Quality Assurance operated in the information technology industry, in the IT consulting and support services segment.
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