Practicesuite India Private Limited

Practicesuite India Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U72900KL2019PTC058896 Incorporated 19 July 2019 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹22.62 Cr
▲ 2% YoY
Net profit · FY 2025
₹2.29 Cr
Net margin 10.1%
EBITDA · FY 2025
₹3.58 Cr
EBITDA margin 15.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
3
GST registered

About Practicesuite India Private Limited

Data last updated:

Practicesuite India Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Practicesuite Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC058896. Its GSTIN is 32AAKCP6743N1ZX (Kerala). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Deepesh Damodaran and Kalthiparambil Govindan Sukumaran Nair.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at O406A And O406B 4th Floor Sck – 01 Building Smart City SEZ Infopark P.O Kakkanad, Ernakulam, Kerala, India – 682042.

As per the financials filed for FY 2025, the company reported a revenue of ₹22.62 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Cr (net margin 10.1%) and EBITDA of ₹3.58 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.

The company is associated with 1 brand: PracticeSuite.

For more details, the company can be reached via its website practicesuite.com.

Company details

CIN U72900KL2019PTC058896
Registration Number 058896
Incorporation Date 19 July 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Practicesuite Inc

Contact details

Practicesuite India Private Limited's registered office is in Ernakulam, Kerala. Its website is practicesuite.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    O406A And O406B 4th Floor Sck – 01 Building Smart City SEZ Infopark P.O Kakkanad, Ernakulam, Kerala, India – 682042
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Practicesuite India Private Limited, buy the company report.

Comprehensive company report
Practicesuite India Private Limited - one report that includes everything
  • 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
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Brands

Practicesuite India operates one associated brand: PracticeSuite. Each brand links to its own profile.

BrandDescriptionWebsite
Provides software for medical billing, EHR, and patient engagement in healthcare.practicesuite.com

Business activity

The main business activity of Practicesuite India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Practicesuite India Private Limited, buy the company report.

Financials of Practicesuite India Private Limited

FY 2025 filings available

Practicesuite India Private Limited reported revenue of ₹22.62 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹22.62 Cr ▲ 2%
Net profit · FY 2025
₹2.29 Cr margin 10.1%
EBITDA · FY 2025
₹3.58 Cr margin 15.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 23%
5 years · compounded
▲ 69%

Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 2% growth in the latest year. EBITDA rose 19% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.29 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.8%
Net Profit Margin10.1%
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 Practicesuite India Private Limited, buy the company report.

Board of directors of Practicesuite India Private Limited

Practicesuite India has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepesh DamodaranDirector19 Jul 20197 Years 3 MonthsCurrent
Kalthiparambil Govindan Sukumaran NairDirector19 Jul 20197 Years 3 MonthsCurrent
Vinod Sreekumar NairDirector27 Feb 20206 Years 7 MonthsCurrent

Peer comparison

Practicesuite India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bonzai Digital Private Limited₹23.2 Cr (FY 2025)3.0%Pune, Maharashtra, India
MBW RCM Private Limited₹23.11 Cr (FY 2025)-4.0%Chennai, Tamil Nadu, India
Mittal Analytics Private Limited₹22.98 Cr (FY 2025)-7.0%Lucknow, Uttar Pradesh, India
Bridge Medical Consulting Private Limited₹22.91 Cr (FY 2025)25.0%New Delhi, Delhi, India
Red Pixels Ventures Limited₹22.75 Cr (FY 2025)-2.0%New Delhi, Delhi, India
Practicesuite India Private Limitedthis company₹22.62 Cr (FY 2025)₹2.29 Cr10.1%2.0%Ernakulam, Kerala, India
Progressive Infovision Private Limited₹22.56 Cr (FY 2024)-1.0%New Delhi, Delhi, India
Qtech Software Private Limited₹22.2 Cr (FY 2025)-10.0%Mumbai, Maharashtra, India
Mindzcloud Technologies Private Limited₹22.1 Cr (FY 2025)18.0%Nagpur, Maharashtra, India
Dynamisch IT Private Limited₹22.1 Cr (FY 2025)41.0%Pune, Maharashtra, India
Icodex Publishing Solutions Limited₹22.08 Cr (FY 2025)101.0%Pune, Maharashtra, India

To see the full peer comparison of Practicesuite India Private Limited, buy the company report.

Auditor

Practicesuite India Private Limited is audited by V O K AND COMPANY LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V O K AND COMPANY LLPFY 2023S000030

Shareholding

The shareholding of Practicesuite India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Practicesuite India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Practicesuite India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Practicesuite India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
32AAKCP6743N1ZXKeralaActive26 Aug 2019
32AAKCP6743N2ZWKeralaActive22 Oct 2019
27AAKCP6743N1ZOMaharashtraActive28 Jul 2020

To see the full GST registrations and return filing status of Practicesuite India Private Limited, buy the company report.

Recent activity

Practicesuite India Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Vinod Sreekumar Nair was appointed as Director on 27 Feb 2020.

AGM
Practicesuite India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Practicesuite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Appointed
Vinod Sreekumar Nair was appointed as Director.
Appointed
Deepesh Damodaran was appointed as Director.
Appointed
Kalthiparambil Govindan Sukumaran Nair was appointed as Director.
Incorporation
19 Jul 2019
Practicesuite India Private Limited was registered on 19 Jul 2019 with Roc Ernakulam & aged 7 years 3 months as per MCA records.

Frequently asked questions

Practicesuite India is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 July 2019 (7+ years old) and is registered under CIN U72900KL2019PTC058896.

Practicesuite India has 3 current directors:

The latest financial statements of Practicesuite India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Practicesuite India is 32AAKCP6743N1ZX, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AAKCP6743N2ZW (Kerala), 27AAKCP6743N1ZO (Maharashtra).

The CIN (Corporate Identification Number) of Practicesuite India is U72900KL2019PTC058896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Practicesuite India was incorporated on 19 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Practicesuite India by revenue are Bonzai Digital Private Limited, MBW RCM Private Limited, Mittal Analytics Private Limited, Bridge Medical Consulting Private Limited, Red Pixels Ventures Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Vinod Sreekumar Nair was appointed as Director on 27 Feb 2020. Deepesh Damodaran was appointed as Director on 19 Jul 2019. Kalthiparambil Govindan Sukumaran Nair was appointed as Director on 19 Jul 2019.

Practicesuite India can be reached through the website practicesuite.com. Its registered office is in Ernakulam, Kerala, India.

The registered office of Practicesuite India is at O406A And O406B 4th Floor Sck – 01 Building Smart City SEZ Infopark P.O Kakkanad, Ernakulam, Kerala, India – 682042.

Practicesuite India operates in the information technology industry, in the IT consulting and support services segment.