GSS Infotech : Annual Report 2022-23 (Download)

ANNUAL REPORT

2022-2023

Vision & Mission

• To be a preferred IT service provider to the Healthcare sector leveraging next-gen technologies.
• "Provide Innovative Managed IT Services at a Committed Quality and Optimal Cost Leveraging Technology, Thought Leadership and Global Delivery Model"

Core Values

• Entrepreneurship
• Integrity
• Pursuit of Excellence

1 Annual Report 2022-23

GSS Infotech - A Snapshot

• One of the fastest growing Managed IT Services Companies in India
• A Global organization with operations in US & India
• Strong Business Acumen with Technology Leadership
• World-classdelivery engine delivering solutions to Fortune 500 companies and Global 1000 Companies
• SEI-CMMiLevel-5 company with ISO 9001, 27001 certifications and SSAE18 SOC TYPE II
• Global Operations Command Centre (GOCC) and remote delivery centers in Hyderabad, India
• Best-in-classtop tier technology alliances and domain intensive "Centre of Excellence"
• Highly capable global team

2 Annual Report 2022-23

Contents	Page Nos.
Corporate Information	4
Notice of the Annual General Meeting	6
Key Performance Indicators	19
Board's Report	20
Management Discussion and Analysis Report	40
Report on Corporate Governance	51
Auditors' Report on Consolidated Financial Statements	77
Consolidated Financial Statements	85
Auditors' Report on Standalone Financial Statements	89
Standalone Financial Statements	123

3 Annual Report 2022-23

Corporate Information

Board of Directors

Mr. Bhargav Marepally

(CEO & Managing Director)

Mrs. Nagajayanthi Das Juttur Raghavendra (Non-Executive, Independent Director)

Mr. Prabhakara Rao Alokam (Non-Executive, Independent Director)

Mr. Chaitanya Challa

(Non- Executive, Independent Director)

Mr. Saikiran Satya Surya Raghavendra Gundu (Non-Executive Director, Non Independent Director)

Mr. Rambabu Sampangi Kaipa

(Non-Executive Director, Non Independent Director)

Mr. P. S. Phaninder Nath (Chief Financial Officer) (w.e.f. 12.08.2022)

Ms. R. K. Pooja

(Company Secretary & Compliance Officer) (w.e.f. 12.08.2022)

Registered Office

Ground Floor, Wing-B, N Heights,

Plot No. 12, TSIIC Software Units Layout,

Madhapur, Serilingampally Mandal,

Ranga Reddy District,

Hyderabad -500 081

CIN: L72200TG2003PLC041860

Statutory Auditors

M/s. Rambabu & Co.,

Chartered Accountants, Pancom Chambers,

6-3-1090/1/A, Raj Bhavan Rd,

Somajiguda, Hyderabad,

Telangana - 500082

Bankers

ICICI Bank

Axis Bank

Registrars & Share Transfer Agent

M/s. Bigshare Services Private Limited,

E-2 & 3, Ansa Industrial Estate,

Saki Vihar Road, Saki Naka,

Andheri(E),

Mumbai - 400072,

Tel:[phone],

Fax:[phone]

Secretarial Auditors

Ms. Neha Pamnani,

Company Secretary in Practice,

8-3-318/6/10, Yellareddy Guda,

Ameerpet,

Hyderabad - 500 073,

Telangana

Board Committees

Audit Committee	Stakeholders Relationship Committee
Mr. Prabhakara Rao Alokam - Chairperson	Mrs. Nagajayanthi Das Juttur Raghavendra - Chairperson
Mrs. Nagajayanthi Das Juttur Raghavendra - Member	Mr. Bhargav Marepally - Member
Mr. Bhargav Marepally - Member	Mr. Chaitanya Challa - Member

Nomination and Remuneration Committee	Corporate Social Responsibility Committee
Mrs. Nagajayanthi Das Juttur Raghavendra - Chairperson	Mr. Rambabu Sampangi Kaipa - Chairperson
Mr. Prabhakara Rao Alokam - Member	Mr. Prabhakara Rao Alokam - Member
Mr. Chaitanya Challa - Member	Mrs. Nagajayanthi Das Juttur Raghavendra - Member

4 Annual Report 2022-23