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Srit India Limited
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SRIT INDIA LIMITED

www.sritindia.com

All Companies ›

Karnataka ›

Computer Related Services ›

SRIT INDIA LIMITED

Active

Updated: 01 Sep 2025

The company provides IT and software development services such as mobile application development and web designing services.

Srit India Limited, is an unlisted public company incorporated on 09 September, 1999. It is classified as a public limited company and is located in , Karnataka. It's authorized share capital is INR 155.15 cr and the total paid-up capital is INR 22.80 cr.

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Industry and products

Computer Related Services

Logo designing services, Software development, Website designing, Application development

Company size

Auth Capital

₹ 155.2 Cr

Paidup Capital

₹ 22.8 Cr

Revenue

₹ 200-300 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

19.03%

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EBITDA

30.26%

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Net Profit

-71.59%

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Networth

38.21%

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Borrowings

59.74%

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Assets

20.86%

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Gross Margin

-5.07

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Operating Margin

-2.88

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Net Profit Margin

-26.3

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Return on Equity

-106.86

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ROCE

-6.29

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Debt to Equity

0.05

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (8)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Whole-time Director	Nambiar Raghavan Madhusoodan Shareholder	00882507	26 years
Director	Prasaktha Nambiar Shareholder	02389642	17 years
Director	Martin Poovakulam Chacko Shareholder	01747011	6 years
Additional Director	Thiruvengadam Ashok	01971439	0 years
Director	Karthick Varadarajan	00220097	1 years
Director	Girish Kumar Sadasivan	03385073	1 years
Additional Director	Ramachandran Ravichandran	10416022	2 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Balance Sheet

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Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	13.6	13.6	26.9	26.9	26.9
Reserves	0.2	8.0	-3.4	36.0	54.8
Borrowings +	79.6	79.8	70.7	17.3	24.1
Long term borrowings	79.5	79.8	68.3	11.6	21.1
Short term borrowings	-	-	2.4	5.7	3.1
Trade payables +	34.4	146.8	244.7	254.0	288.0
Days payable	-13,146.0	1,940.0	15,710.0	66,886.0	-65,897.0
Other liabilities +	60.2	170.1	269.9	289.0	342.1
Other non-current liabilities	3.3	3.4	3.9	3.2	3.4
Other current liabilities	22.5	20.0	21.2	31.9	50.7
Total liabilities	153.6	271.5	364.1	369.2	448.0
Fixed Assets +	57.1	55.0	36.5	13.5	22.9
Tangible assets	1.6	2.4	2.3	2.1	2.3
CWIP	-	-	-	11.1	20.4
Intangible assets	55.5	52.6	34.2	0.2	0.2
LT loans and advances	3.9	8.1	17.7	13.8	16.2
Other non-current assets	5.5	5.1	7.4	1.7	6.6
Current assets +	87.1	203.3	302.4	340.2	402.3
Inventories	23.0	17.9	23.1	34.0	48.7
Trade receivables	45.6	167.4	271.6	287.5	318.1
Cash and cash equivalents	3.9	4.1	2.0	3.5	24.3
ST loans and advances	13.2	12.4	4.5	4.1	2.6
Other current assets	1.3	1.5	1.2	11.1	8.6
Total assets	153.6	271.5	364.1	369.2	448.0

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	8.86	5.01	7.4	7.3	6.02
Reserves	0.12	2.95	-0.94	9.75	12.24
Borrowings +	51.83	29.39	19.43	4.68	5.38
Long term borrowings	51.77	29.39	18.77	3.14	4.7
Short term borrowings	0.06	0.0	0.66	1.54	0.68
Trade payables	22.39	54.05	67.2	68.78	64.28
Other liabilities +	39.2	62.65	74.11	78.28	76.36
Other non-current liabilities	2.13	1.24	1.08	0.87	0.77
Other current liabilities	14.67	7.36	5.83	8.63	11.31
Total liabilities
Fixed Assets +	37.18	20.27	10.04	3.66	5.12
Tangible assets	1.04	0.89	0.63	0.58	0.51
CWIP	0.0	0.0	0.0	3.01	4.56
Intangible assets	36.14	19.39	9.41	0.07	0.04
LT loans and advances	2.57	2.98	4.87	3.73	3.61
Other non-current assets	3.59	1.88	2.03	0.47	1.47
Current assets +	56.66	74.88	83.06	92.14	89.81
Inventories	14.98	6.6	6.33	9.22	10.87
Trade receivables	29.67	61.66	74.6	77.87	71.01
Cash and cash equivalents	2.52	1.5	0.56	0.94	5.42
ST loans and advances	8.62	4.57	1.23	1.11	0.59
Other current assets	0.87	0.54	0.34	3.01	1.92
Total assets

Total assets

Charges on assets

Bank wise

Charges

Punjab and Sind Bank

No. of Loans: 1

Total Amount : 10.0 cr

Bank of Maharashtra

No. of Loans: 1

Total Amount : 0.7 cr

ICICI Bank Limited

No. of Loans: 1

Total Amount : 0.1 cr

Charge Holder	Amount	Date of creation/modification
ICICI Bank Limited	0.1 cr	17 May, 2025
Punjab and Sind Bank	10.0 cr	24 Mar, 2025
Bank of Maharashtra	0.7 cr	05 Oct, 2024

Charges

Punjab and Sind Bank

Bank of Maharashtra

ICICI Bank Limited

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
K3 CORPORATE SOLUTIONS PRIVATE LIMITED	Active	2.5 L	1	Karnataka
DIGITAL INTEGRATED HEALTH EXCHANGE PRIVATE LIMITED	Strike Off	0.0	2	Karnataka
ERENAISSANCE INFORMATION & COMMUNICATION TECHNOLOGIES LIMITED	Strike Off	5.0 L	3	Karnataka
RAILWIRE EXPRESS NETWORK PRIVATE LIMITED	Strike Off	1.0 L	1	Tamil Nadu
SHARP AND TURNER LLP	Active	1.0 L	2	Karnataka
SRIT INDIA PRIVATE LIMITED	Active	26.9 Cr	4	Karnataka
NIDHMART BUILDING MATERIALS PRIVATE LIMITED	Strike Off	1.0 L	1	Karnataka
SRIT HEALTHCARE SOLUTIONS PRIVATE LIMITED	Active	1.6 Cr	2	Karnataka
RICT INDIA PRIVATE LIMITED	Active	1.0 L	2	Karnataka
SRIT ENTERPRISE SOLUTIONS PRIVATE LIMITED	Strike Off	3.9 L	2	Karnataka
OJUS HEALTHCARE PRIVATE LIMITED	Active	2.4 Cr	2	Karnataka
PIVOTRICS TECHNOLOGIES LLP	Active	5.0 L	1	Karnataka
STAG SOFTWARE PRIVATE LIMITED	Active	3.0 L	1	Karnataka
HINDUSTAN PHOTO FILMS MFG CO LIMITED	Under Liquidation	206.9 Cr	1
HMT BEARINGS LIMITED	Dissolved (Liquidated)	37.7 Cr	1	Telangana
HMT CHINAR WATCHES LIMITED	Dissolved (Liquidated)	1.7 Cr	1	Jammu and Kashmir

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
SRIT HEALTHCARE SOLUTIONS PRIVATE LIMITED	Karnataka	2007	₹ 1.6 Cr
SRIT ENTERPRISE SOLUTIONS PRIVATE LIMITED	Karnataka	1999	₹ 3.9 L
RICT INDIA PRIVATE LIMITED	Karnataka	2010	₹ 1.0 L

Tofler Score

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Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U72200KA1999PLC025692

PAN

AAECS6273N

Incorporation

1999, 26.2 years

Company Email

harishkumar@renaissance-it.com

Paid up Capital

₹ 22.8 Cr

Authorised Capital

₹ 155.2 Cr

AGM

Sep 2024

Type

Public

Others

FAQ - SRIT INDIA LIMITED

What is the incorporation date of SRIT INDIA LIMITED?

The incorporation date of SRIT INDIA LIMITED is 09 September, 1999

What is the authorized share capital of SRIT INDIA LIMITED?

The authorized share capital of SRIT INDIA LIMITED is INR ₹ 155.2 Cr.

What is the paid-up capital of SRIT INDIA LIMITED?

The paid-up capital of SRIT INDIA LIMITED is INR ₹ 22.8 Cr.

What is the registered address of SRIT INDIA LIMITED?

The registered address of SRIT INDIA LIMITED is SRIT HOUSE,#113/1B, ITPL MAIN ROAD, KUNDALAHALLI, Bangalore, BANGALORE, Karnataka, India, 560037 - 560037

What is the CIN number of SRIT INDIA LIMITED?

The CIN number of SRIT INDIA LIMITED is U72200KA1999PLC025692.

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