About Netar Software Services Private Limited
Data last updated:
Netar Software Services Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 December 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PTC091828. Its GSTIN is 36AAECN5451H1ZF (Telangana).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Suresh Babu Nagarapu (Managing Director) and Shirisha Nagarapu.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No – 30 Vasant Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2018, the company reported a revenue of ₹95.9 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.94 Lakh (net margin 5.1%) and EBITDA of ₹7.19 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
The company had about 11 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is netarsoft.com.
Company details
CIN history
Netar Software Services has one previous CIN (Corporate Identification Number): U72200AP2013PTC091828. The current CIN is U72200TG2013PTC091828, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2013PTC091828 | Current |
| U72200AP2013PTC091828 | Previous |
Contact details
Netar Software Services Private Limited's registered office is in Hyderabad, Telangana. Its website is netarsoft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – 30 Vasant Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Netar Software 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 Netar Software 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 Netar Software Services Private Limited, buy the company report.
Financials of Netar Software Services Private Limited
FY 2018 filings availableNetar Software Services Private Limited reported revenue of ₹95.9 Lakh (down 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 67%. EBITDA fell 31% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹95.9 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹7.19 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.94 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.5% | |||
| Net Profit Margin | 5.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Netar Software Services Private Limited, buy the company report.
Board of directors of Netar Software Services Private Limited
Netar Software Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shirisha Nagarapu | Director | 13 Feb 2017 | 9 Years 8 Months | As last reported |
| Suresh Babu Nagarapu | Managing Director | 20 Dec 2013 | 12 Years 10 Months | As last reported |
Auditor
Netar Software Services Private Limited is audited by I P R S AND COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I P R S AND COMPANY | FY 2018 | 015081S |
Shareholding
The shareholding of Netar Software Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Netar Software Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Netar Software 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 Netar Software Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Netar Software Services Private Limited has a workforce of 11 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Netar Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECN5451H1ZF | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Netar Software Services Private Limited, buy the company report.
Recent activity
Netar Software Services Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Kiran Kumar Kappala ceased to be Director on 14 Feb 2017.
Frequently asked questions
Netar Software Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Netar Software Services was a private limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 20 December 2013 and is registered under CIN U72200TG2013PTC091828. The company has been struck off by the Registrar of Companies and is no longer operational.
Netar Software Services had 2 directors:
- Suresh Babu Nagarapu - Managing Director
- Shirisha Nagarapu - Director
The CIN (Corporate Identification Number) of Netar Software Services is U72200TG2013PTC091828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Netar Software Services is at Plot No – 30 Vasant Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072.
Netar Software Services was incorporated on 20 December 2013. It is registered with the Registrar of Companies, Hyderabad.
Netar Software Services can be reached through the website netarsoft.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Netar Software Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Netar Software Services is 36AAECN5451H1ZF, registered in Telangana.
Netar Software Services operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.