Softsol India Limited

This company specializes in software development, offering services such as enterprise modernization and custom application development.

1990 | K.V.Rangareddy, Telangana (India) | Active
Last Updated: June 24, 2024

Softsol India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 14.76 Cr
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.45 Cr
  • Revenue Growth 45.35%
  • Profit Growth 39.96%
  • Ebitda 10.40%
  • Net Worth -17.85%
  • Total Assets -10.87%

About Softsol India

Softsol India Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 September 1990 and has a history of 34 years and four months. Its registered office is in K.V.Rangareddy, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532344.

The Corporate was formerly known as Napier Software Services Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 14.76 Cr.

The company has closed loans amounting to ₹9.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Softsol India Limited India are Musinam Nagaraju as COMPANY SECRETARY and Koteswara Yerragopi as Cfo. Veeraghavulu Kandula, Srinivasa Madala, Subbiah Battina, and Three other members serve as directors at the Company.

Company Details

  • Location

    K.V.Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200TG1990PLC011771

  • Company No.

    011771

  • Stock Symbol

    BSE : 532344

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Softsol India Limited offer?

Softsol India Limited offers a wide range of products and services, including Online Education & Coaching Services, Online Education Consultancy Services, Data Entry & Data Processing Service, Data Management, Business Planning and Management, Business Consultant.

Who are the key members and board of directors at Softsol India?

Executive Team (2)

NameDesignationAppointment DateStatus
Musinam Nagaraju Country flag representing In Company Secretary01-Sep-2023Current
Koteswara Yerragopi CFO03-Nov-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Srinivasa Madala Country flag representing Us Director 27-Dec-1998Current
Veeraghavulu Kandula Country flag representing In Director 21-Aug-2020Current
Subbiah Battina Country flag representing In Director 11-Sep-2001Current
Hanuman Tripuraneni Country flag representing In Director 02-Jul-1999Current
Naga Kilari Country flag representing In Director 14-Aug-2019Current
Bhaskar Madala Country flag representing In Whole-Time Director 02-Sep-1995Current

Financial Performance of Softsol India.

Softsol India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.35% increase. The company also saw a substantial improvement in profitability, with a 39.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.85%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
45.35%
Revenue from Operations
30.21%
Total Assets
-10.87%
Profit or Loss
39.96%
Net Worth
-17.85%
EBITDA
10.40%

What is the Ownership and Shareholding Structure of Softsol India?

In 2022, Softsol India had a promoter holding of 72.42% and a public holding of 27.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹9.45 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 9.00 Cr
  • State Bank Of India : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2015Citi Bank N.A.₹9.00 CrSatisfied
22 Dec 2006State Bank Of India₹4.50 MSatisfied

How Many Employees Work at Softsol India?

Softsol India has a workforce of 133 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Softsol India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Softsol India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Softsol India

Recent activity within the organization

  • Annual General Meeting

    Softsol India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Softsol India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Veeraghavulu Kandula was appointed as a Director was appointed as a Director on 21 Aug 2020 & has been associated with this company since 4 years 5 months .

    21 Aug 2020

  • Director Appointment

    Naga Padma Valli Kilari was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 5 months .

    14 Aug 2019

  • Charges

    A charge registered on 22 Dec 2006 via Charge ID 10034593 with State Bank Of India was fully satisfied on 18 Feb 2019.

    18 Feb 2019

  • Charges

    A charge registered on 24 Mar 2015 via Charge ID 10561097 with Citi Bank N.A. was fully satisfied on 16 Nov 2017.

    16 Nov 2017

Frequently asked questions

  • Softsol India Limited was incorporated on 20 Sep 1990.

  • The authorized share capital of Softsol India Limited is ₹ 50.00 Cr and paid-up capital is ₹ 14.76 Cr.

  • Currently 8 directors are associated with Softsol India Limited.

    • Veeraghavulu Kandula
    • Srinivasa Rao Madala
    • Subbiah Srinivasan Battina
    • Hanuman Chowdary Tripuraneni
    • Musinam Nagaraju
    • Koteswara Rao Yerragopi
    • Naga Padma Valli Kilari
    • Bhaskar Rao Madala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Softsol India Limited is Plot No. 4 InfocitMadhapur, Hyderabad, Telangana, India, 500032.

  • The corporate identification number (CIN) of Softsol India Limited is L72200TG1990PLC011771 and the company number is 011771 as per Ministry of Corporate Affairs (MCA).

  • Yes, Softsol India Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Softsol India Limited is https://www.softsolindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Softsol India Limited has risen by 45.35%.

  • As Per 2023 financial reports, 133 employees are currently employed by Softsol India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Softsol India Limited has experienced an downturn of -17.85%.

  • The most recent Balance Sheet for Softsol India Limited was filed with the ROC on 31 Mar 2023.

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