Fiables Offshoring Services Private Limited
About Fiables Offshoring Services Private Limited
Data last updated:
Fiables Offshoring Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2006PTC050126. Its GSTIN is 36AAACF9831H1ZJ (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Fiables It Outsourcing Services Private Limited and Ganitra Software Services Private Limited. It is led by directors Thummala Rangareddy and Pappuri Sreedhar Reddy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at P.No: 02 Patrika Nagar Madhapur Jubilee Hills, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2019, the company reported a revenue of ₹24.64 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹2.38 Lakh (net margin -9.6%) and EBITDA of ₹1.9 Lakh (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Fiables Offshoring Services has undergone 2 name changes throughout its history. The company was previously known as Fiables It Outsourcing Services Private Limited, and Ganitra Software Services Private Limited. The current legal name is Fiables Offshoring Services Private Limited.
| Company Name | Status |
|---|---|
| Fiables Offshoring Services Private Limited | Current |
| Fiables It Outsourcing Services Private Limited | Previous |
| Ganitra Software Services Private Limited | Previous |
CIN history
Fiables Offshoring Services has one previous CIN (Corporate Identification Number): U72200AP2006PTC050126. The current CIN is U72200TG2006PTC050126, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2006PTC050126 | Current |
| U72200AP2006PTC050126 | Previous |
Contact details
Fiables Offshoring Services Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressP.No: 02 Patrika Nagar Madhapur Jubilee Hills, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fiables Offshoring Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Fiables Offshoring Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Fiables Offshoring Services Private Limited, buy the company report.
Financials of Fiables Offshoring Services Private Limited
FY 2019 filings availableFiables Offshoring Services Private Limited reported revenue of ₹24.64 Lakh (down 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over three years, including a 10% fall in the latest year. EBITDA rose 937% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹24.64 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.38 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | -9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Fiables Offshoring Services Private Limited, buy the company report.
Board of directors of Fiables Offshoring Services Private Limited
Fiables Offshoring Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thummala Rangareddy | Director | 27 May 2019 | 7 Years 5 Months | Current |
| Pappuri Sreedhar Reddy | Director | 27 May 2019 | 7 Years 5 Months | Current |
Auditor
Fiables Offshoring Services Private Limited is audited by MANORANJAN REDDY AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANORANJAN REDDY AND ASSOCIATES | FY 2019 | 018057S |
Shareholding
The shareholding of Fiables Offshoring Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fiables Offshoring Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fiables Offshoring Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fiables Offshoring Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fiables Offshoring Services Private Limited has a workforce of 3 employees on its EPFO records as of Feb 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 3 |
GST
Fiables Offshoring Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACF9831H1ZJ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fiables Offshoring Services Private Limited, buy the company report.
Recent activity
Fiables Offshoring Services Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Hemant Sakarwal ceased to be Managing Director on 12 Jun 2019.
1 earlier event is in the company report.
Frequently asked questions
Fiables Offshoring Services is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 May 2006 (20+ years old) and is registered under CIN U72200TG2006PTC050126.
Fiables Offshoring Services has 2 current directors:
- Thummala Rangareddy - Director
- Pappuri Sreedhar Reddy - Director
The latest financial statements of Fiables Offshoring Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Fiables Offshoring Services is 36AAACF9831H1ZJ, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fiables Offshoring Services is U72200TG2006PTC050126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fiables Offshoring Services was incorporated on 16 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Hemant Sakarwal ceased to be Managing Director on 12 Jun 2019. Panna Lal Sakarwal ceased to be Director on 12 Jun 2019. Pappuri Sreedhar Reddy was appointed as Director on 27 May 2019. Fiables Offshoring Services has 10 board changes on record in total.
The registered office of Fiables Offshoring Services is at P.No: 02 Patrika Nagar Madhapur Jubilee Hills, Hyderabad, Telangana, India – 500081.
Fiables Offshoring Services operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Fiables Offshoring Services is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
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