About Platys Solutions Private Limited
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Platys Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72300MH2010PTC199176. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.83 Lakh. It is led by directors including Mohan Erg Nair and Narendra Singh Plaha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at K – 4 Bharat Nagar Amravati Road, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2020, the company reported a revenue of ₹34.75 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹5.53 Lakh (net margin -15.9%) and EBITDA of -₹5.3 Lakh (EBITDA margin -15.2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Platys Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platysgroup.com.
Company details
Contact details
Platys Solutions Private Limited's registered office is in Nagpur, Maharashtra. Its website is platysgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressK – 4 Bharat Nagar Amravati Road, Nagpur, Maharashtra, India – 440001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Platys Solutions 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
Brands
Platys Solutions operates one associated brand: Platys Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of software solutions and services. | platysgroup.com |
Financials of Platys Solutions Private Limited
FY 2021 filings availablePlatys Solutions Private Limited reported revenue of ₹34.75 Lakh (up 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.75 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.2% | ||||
| Net Profit Margin | -15.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Platys Solutions Private Limited, buy the company report.
Board of directors of Platys Solutions Private Limited
Platys Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Erg Nair | Director | 21 Jan 2010 | 16 Years 9 Months | Current |
| Narendra Singh Plaha | Director | 02 Jan 2012 | 14 Years 9 Months | Current |
| Manoj Nair | Director | 22 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Platys Solutions Private Limited is audited by C R SAGDEO & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C R SAGDEO & CO | FY 2018 | 108959W |
Shareholding
The shareholding of Platys Solutions 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 Platys Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Platys Solutions 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 Platys Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Platys Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Platys Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Platys Solutions Private Limited, buy the company report.
Recent activity
Platys Solutions Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Narendra Singh Plaha ceased to be Additional Director on 28 Aug 2012.
Frequently asked questions
Platys Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 January 2010 (16+ years old) and is registered under CIN U72300MH2010PTC199176.
Platys Solutions has 3 current directors:
- Mohan Erg Nair - Director
- Narendra Singh Plaha - Director
- Manoj Nair - Director
The latest financial statements of Platys Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Platys Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Platys Solutions is U72300MH2010PTC199176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platys Solutions was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Nagpur.
Narendra Singh Plaha ceased to be Additional Director on 28 Aug 2012. Narendra Singh Plaha was appointed as Director on 02 Jan 2012. Manoj Nair ceased to be Additional Director on 06 Sep 2011. Platys Solutions has 7 board changes on record in total.
Platys Solutions can be reached through the website platysgroup.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Platys Solutions is at K – 4 Bharat Nagar Amravati Road, Nagpur, Maharashtra, India – 440001.
Platys Solutions operates in the information technology industry, in the IT consulting and support services segment.