Oft Business Solutions (OPC) Private Limited
About Oft Business Solutions (OPC) Private Limited
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Oft Business Solutions (OPC) Private Limited is a one person company based in Konakondla, Andhra Pradesh, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 10 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74140AP2019OPC111879.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Garinti Swathi.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 1 – 14 Konakondla Vajrakarur Anantapur, Andhra Pradesh, India – 515842.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.89 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1,543 (net margin 0.5%) and EBITDA of ₹2,085 (EBITDA margin 0.7%).
Company details
Contact details
Oft Business Solutions (OPC) Private Limited's registered office is in Konakondla, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 1 – 14 Konakondla Vajrakarur Anantapur, Andhra Pradesh, India – 515842
- IndustryProfessional Services, Accounting, Management Consultancy Activity, Tax Consultant
To see the full contact details of Oft Business Solutions (OPC) 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
Financials of Oft Business Solutions (OPC) Private Limited
FY 2023 filings availableOft Business Solutions (OPC) Private Limited reported revenue of ₹2.89 Lakh (up 28% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year. EBITDA rose 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.89 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2,085 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1,543 | ||
| 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.7% | ||
| Net Profit Margin | 0.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Oft Business Solutions (OPC) Private Limited, buy the company report.
Board of directors of Oft Business Solutions (OPC) Private Limited
Oft Business Solutions has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Garinti Swathi Also directs: Opastus Technologies LLP, Mindset Medi Technologies Private Limited, JG Tours and Travels Private Limited and 2 more | Director | 10 May 2019 | 7 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Oft Business Solutions (OPC) 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 Oft Business Solutions (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Oft Business Solutions (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Oft Business Solutions (OPC) Private Limited has 1 board change on record since 2019: 1 appointment. The latest: Garinti Swathi was appointed as Director on 10 May 2019.
Frequently asked questions
Oft Business Solutions is an active company based in Konakondla, Andhra Pradesh, India. The company works in accounting, within the professional services industry. It was incorporated on 10 May 2019 (7+ years old) and is registered under CIN U74140AP2019OPC111879.
Oft Business Solutions has 1 current director:
- Garinti Swathi - Director
The latest financial statements of Oft Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Oft Business Solutions is U74140AP2019OPC111879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oft Business Solutions was incorporated on 10 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Vijayawada.
Garinti Swathi was appointed as Director on 10 May 2019.
The registered office of Oft Business Solutions is at No. 1 – 14 Konakondla Vajrakarur Anantapur, Andhra Pradesh, India – 515842.
Oft Business Solutions operates in the professional services industry, in the accounting segment.
Oft Business Solutions can be reached at its registered office: No. 1 – 14 Konakondla Vajrakarur Anantapur, Andhra Pradesh, India – 515842.
Oft Business Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.
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