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Covan Tech Private Limited

IT company providing software development, outsourcing, web design, cloud services, and digital marketing.
2006 | Hyderabad, Telangana (India) | Active

Last Updated:

January 05, 2025
HomeCompanyCovan Tech Private Limited

Who are the key members and board of directors at Covan Tech?

Board Members(3)

NameDesignationAppointment DateStatus
Kandur Babu In Director 28-Mar-2006Current
Kandoori Radhika In Director 28-Mar-2006Current
Narayan Talakanti In Director 16-Mar-2016Current

Financial Performance of Covan Tech.

Covan Tech Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 21.22% increase. The company also saw a substantial improvement in profitability, with a 41.33% increase in profit. The company's net worth Soared by an impressive increase of 41.43%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.22%
Revenue from Operations
21.86%
Total Assets
10.79%
Profit or Loss
41.33%
Net Worth
41.43%
EBITDA
22.55%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹5.12 M

LenderAmountStatus

Others

Creation Date: 16 Dec 2016
₹5.12 MOpen

How Many Employees Work at Covan Tech?

Covan Tech has a workforce of 39 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

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Latest Updates, News, and FAQs on Covan Tech

Recent activity within the organization

  • Annual General Meeting

    Covan Tech Private Limited last Annual general meeting of members was held on 25 Nov 2021 as per latest MCA records.

    25 Nov 2021

  • Balance Sheet

    Covan Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 5.12 M with Charge ID 100066591 was registered on 16 Dec 2016.

    16 Dec 2016

  • Director Appointment

    Narayan Reddy Talakanti was appointed as a Director was appointed as a Director on 16 Mar 2016 & has been associated with this company since 8 years 9 months .

    16 Mar 2016

  • Director Appointment

    Kandur Sharat Babu was appointed as a Director was appointed as a Director on 28 Mar 2006 & has been associated with this company since 18 years 9 months .

    28 Mar 2006

  • Director Appointment

    Kandoori Radhika was appointed as a Director was appointed as a Director on 28 Mar 2006 & has been associated with this company since 18 years 9 months .

    28 Mar 2006

Frequently asked questions

  • Covan Tech Private Limited was incorporated on 28 Mar 2006.

  • The authorized share capital of Covan Tech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Covan Tech Private Limited.

    • Kandur Sharat Babu
    • Kandoori Radhika
    • Narayan Reddy Talakanti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covan Tech Private Limited is 403 4Th Floor Aarini Arcade Sy. No. 46 Pragathi Nagar Ramanthapur, Uppal Circl E India, Hyderabad, Telangana, 500013.

  • The corporate identification number (CIN) of Covan Tech Private Limited is U72200TG2006PTC049629 and the company number is 049629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Covan Tech Private Limited is https://www.covantech.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Covan Tech Private Limited has risen by 21.22%.

  • As Per 2019 financial reports, 39 employees are currently employed by Covan Tech Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Covan Tech Private Limited has experienced an upsurge of 41.43%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Covan Tech Private Limited amount to ₹ 5.12 M.

  • The most recent Balance Sheet for Covan Tech Private Limited was filed with the ROC on 31 Mar 2021.

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