Preric Consulting Services Private Limited
About Preric Consulting Services Private Limited
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Preric Consulting Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 02 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2020PTC114648.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Babji Varre and Varre Hema Latha.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.38 Lakh, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹98,907 (net margin 2.2%) and EBITDA of ₹1.32 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
Company details
Contact details
Preric Consulting Services Private Limited's registered office is in Visakhapatnam, Andhra Pradesh.
- Social Media
- Registered AddressBlock – 2 Flat No – 314, Mvv Green Field Lalitha Nagar Daspalla Layout, Visakhapatnam, Andhra Pradesh, India – 530045
- IndustryInformation Technology, Other Computer Related Activities
- 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 Preric Consulting Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Preric Consulting Services Private Limited, buy the company report.
Financials of Preric Consulting Services Private Limited
FY 2025 filings availablePreric Consulting Services Private Limited reported revenue of ₹44.38 Lakh (up 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over three years, including 84% growth in the latest year. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.32 Lakh | |||
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| Net Profit (PAT) | ₹98,907 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 3% | |||
| Net Profit Margin | 2.2% | |||
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To see the full financial statements and ratios of Preric Consulting Services Private Limited, buy the company report.
Board of directors of Preric Consulting Services Private Limited
Preric Consulting Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babji Varre | Director | 19 Feb 2024 | 2 Years 8 Months | Current |
| Varre Hema Latha | Director | 02 Jun 2020 | 6 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Preric Consulting 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 Preric Consulting Services 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 Preric Consulting Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Preric Consulting Services Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Babji Varre was appointed as Director on 19 Feb 2024.
Frequently asked questions
Preric Consulting Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 02 June 2020 (6+ years old) and is registered under CIN U72900AP2020PTC114648.
Preric Consulting Services has 2 current directors:
- Babji Varre - Director
- Varre Hema Latha - Director
The latest financial statements of Preric Consulting Services 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Preric Consulting Services is U72900AP2020PTC114648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Preric Consulting Services was incorporated on 02 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.
Babji Varre was appointed as Director on 19 Feb 2024. Vangapandu Suryanarayana ceased to be Director on 19 Feb 2024. Varre Hema Latha was appointed as Director on 02 Jun 2020.
The registered office of Preric Consulting Services is at Block – 2 Flat No – 314, Mvv Green Field Lalitha Nagar Daspalla Layout, Visakhapatnam, Andhra Pradesh, India – 530045.
Preric Consulting Services operates in the information technology industry, in the other computer related activities segment.
Preric Consulting Services can be reached at its registered office: Block – 2 Flat No – 314, Mvv Green Field Lalitha Nagar Daspalla Layout, Visakhapatnam, Andhra Pradesh, India – 530045.
Preric Consulting Services is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.
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