Itsource Technologies Limited logo

Itsource Technologies Limited

Provides IT infrastructure solutions, sales and services, and training in hardware and networking.
1998 | Mumbai, Maharashtra (India) | Under Insolvency

Last Updated:

December 09, 2024
HomeCompanyItsource Technologies Limited

Who are the key members and board of directors at Itsource Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Pradeep Bhangale InManaging Director28-Mar-1998Current

Board Members(2)

NameDesignationAppointment DateStatus
Prachi Bhangale In Whole-Time Director 28-Mar-1998Current
Bhushan Rade Additional Director 05-Mar-2024Current

Financial Performance and Corporate Structure Insights of Itsource Technologies.

Itsource Technologies Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 26.43% decrease. The company also saw a substantial improvement in profitability, with a 518.51% increase in profit. The company's net worth moved up by a moderate rise of 4.78%.

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  • 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
-26.43%
Revenue from Operations
-26.61%
Total Assets
-6.52%
Profit or Loss
518.51%
Net Worth
4.78%
EBITDA
7.62%

Charges (Loans)

Open Charges Satisfied Charges

₹32.43 Cr

₹5.40 Cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 11 Aug 2023
₹12.15 CrOpen

Others

Creation Date: 29 Jun 2011
₹7.00 CrOpen

Hdfc Bank Limited

Creation Date: 01 Feb 2010
₹13.16 CrOpen

How Many Employees Work at Itsource Technologies?

Unlock and access historical data on people associated with Itsource Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Itsource Technologies

Recent activity within the organization

  • Director Appointment

    Bhushan Krishana Rade was appointed as a Additional Director was appointed as a Additional Director on 05 Mar 2024 & has been associated with this company since 9 months 17 days .

    05 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 12.15 Cr registered on 11 Aug 2023 with Charge ID 100773755 was modified on 21 Oct 2023.

    21 Oct 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 12.15 Cr with Charge ID 100773755 was registered on 11 Aug 2023.

    11 Aug 2023

  • Annual General Meeting

    Itsource Technologies Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.16 Cr registered on 01 Feb 2010 with Charge ID 10202393 was modified on 20 Jun 2022.

    20 Jun 2022

  • Balance Sheet

    Itsource Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

Frequently asked questions

  • Itsource Technologies Limited was incorporated on 20 Mar 1998.

  • The authorized share capital of Itsource Technologies Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.46 Cr.

  • Currently 3 directors are associated with Itsource Technologies Limited.

    • Pradeep Eknath Bhangale
    • Prachi Pradeep Bhangale
    • Bhushan Krishana Rade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Itsource Technologies Limited is Unit 403 4Th Floor Skyline Icon Chimatpada Marol, Andheri - Kurla Road India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Itsource Technologies Limited is U72900MH1998PLC114091 and the company number is 114091 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Itsource Technologies Limited is https://www.itsourcetechnologies.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Itsource Technologies Limited has fallen by -26.43%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Itsource Technologies Limited has experienced an upsurge of 4.78%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Itsource Technologies Limited amount to ₹ 32.43 Cr.

  • The most recent Balance Sheet for Itsource Technologies Limited was filed with the ROC on 31 Mar 2022.

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