Primus IT Solutions Private Limited

Primus IT Solutions Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
CIN U52392DL2008PTC183848 Incorporated 30 September 2008 ROC Delhi HQ Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹41.06 Lakh
▼ 70% YoY
Net profit · FY 2024
₹2.29 Lakh
Net margin 5.6%
EBITDA · FY 2024
₹6.14 Lakh
EBITDA margin 14.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered

About Primus IT Solutions Private Limited

Data last updated:

Primus IT Solutions Private Limited is a private limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 September 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52392DL2008PTC183848. Its GSTIN is 07AAECP8446J1Z0 (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Munawar Zaidi and Rafat Zaidi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 2 J Extension Street No.06 Laxmi Nagar, Delhi, India – 110092.

As per the financials filed for FY 2024, the company reported a revenue of ₹41.06 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Lakh (net margin 5.6%) and EBITDA of ₹6.14 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 23% over five years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primusitsolutions.com.

Company details

CIN U52392DL2008PTC183848
Registration Number 183848
Incorporation Date 30 September 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Primus IT Solutions Private Limited's registered office is in Delhi, Delhi. Its website is primusitsolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 2 J Extension Street No.06 Laxmi Nagar, Delhi, India – 110092
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Primus IT Solutions Private Limited, buy the company report.

Comprehensive company report
Primus IT Solutions 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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Business activity

The main business activity of Primus IT Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Primus IT Solutions Private Limited, buy the company report.

Financials of Primus IT Solutions Private Limited

FY 2024 filings available

Primus IT Solutions Private Limited reported revenue of ₹41.06 Lakh (down 70% YoY) for FY 2024.

Revenue · FY 2024
₹41.06 Lakh ▼ 70%
Net profit · FY 2024
₹2.29 Lakh margin 5.6%
EBITDA · FY 2024
₹6.14 Lakh margin 14.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 31%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 28%
5 years · compounded
▼ 21%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 70% fall in the latest year. EBITDA fell 65% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹6.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.29 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.9%
Net Profit Margin5.6%
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 Primus IT Solutions Private Limited, buy the company report.

Board of directors of Primus IT Solutions Private Limited

Primus IT Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Munawar ZaidiDirector30 Sep 200818 Years 0 MonthsCurrent
Rafat ZaidiDirector25 Aug 20251 Years 2 MonthsCurrent
Saman NaqviDirector30 Sep 200818 Years 0 MonthsCurrent

Peer comparison

Primus IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vee EEE Technologies Solution Private Limited₹41.13 Lakh (FY 2024)9.0%Chennai, Tamil Nadu, India
VRD Web Services Private Limited₹41.12 Lakh (FY 2025)7.0%Ulhasnagar, Maharashtra, India
Naukridaddy HR Solutions Private Limited₹41.11 Lakh (FY 2024)974.0%New Delhi, Delhi, India
Dewallstreet Private Limited₹41.09 Lakh (FY 2025)-10.0%Chennai, Tamil Nadu, India
Placeton Solutions Private Limited₹41.07 Lakh (FY 2025)1.0%Hyderabad, Telangana, India
Primus IT Solutions Private Limitedthis company₹41.06 Lakh (FY 2024)₹2.29 Lakh5.6%-70.0%Delhi, India
Ottverse Private Limited₹41.04 Lakh (FY 2025)91.0%Bengaluru, Karnataka, India
Soumen Software Service Private Limited₹41.04 Lakh (FY 2025)-4.0%Bangaon, West Bengal, India
JST Media Private Limited₹41.02 Lakh (FY 2022)-33.0%Agra, Uttar Pradesh, India
Dozzbee Technologies Private Limited₹41 Lakh (FY 2023)-2.0%Mohali, Punjab, India
Sobit Network Solution Private Limited₹40.99 Lakh (FY 2017)1458.0%Faridabad, Haryana, India

To see the full peer comparison of Primus IT Solutions Private Limited, buy the company report.

Auditor

Primus IT Solutions Private Limited is audited by MUKESH OM GUPTA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MUKESH OM GUPTA & ASSOCIATESFY 2023020855N

Shareholding

The shareholding of Primus IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Primus IT Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

Primus IT Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AAECP8446J1Z0DelhiActive01 Jul 2017
09AAECP8446J1ZWUttar PradeshActive13 Sep 2017

To see the full GST registrations and return filing status of Primus IT Solutions Private Limited, buy the company report.

Recent activity

Primus IT Solutions Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Rafat Zaidi ceased to be Additional Director on 29 Sep 2025.

Ceased
Rafat Zaidi ceased to be Additional Director.
Ceased
Munawar Zaidi ceased to be Director.
Appointed
Rafat Zaidi was appointed as Director.
AGM
Primus It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Primus It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Munawar Zaidi was appointed as Director.
Appointed
Saman Naqvi was appointed as Director.
Incorporation
30 Sep 2008
Primus It Solutions Private Limited was registered on 30 Sep 2008 with Roc Delhi & aged 18 years 25 days as per MCA records.

Frequently asked questions

Primus IT Solutions is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 September 2008 (18+ years old) and is registered under CIN U52392DL2008PTC183848.

Primus IT Solutions has 3 current directors:

The latest financial statements of Primus IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Primus IT Solutions is 07AAECP8446J1Z0, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAECP8446J1ZW (Uttar Pradesh).

The CIN (Corporate Identification Number) of Primus IT Solutions is U52392DL2008PTC183848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Primus IT Solutions was incorporated on 30 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Primus IT Solutions by revenue are Vee EEE Technologies Solution Private Limited, VRD Web Services Private Limited, Naukridaddy HR Solutions Private Limited, Dewallstreet Private Limited, Placeton Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Rafat Zaidi ceased to be Additional Director on 29 Sep 2025. Munawar Zaidi ceased to be Director on 28 Aug 2025. Rafat Zaidi was appointed as Director on 25 Aug 2025. Primus IT Solutions has 5 board changes on record in total.

Primus IT Solutions can be reached through the website primusitsolutions.com. Its registered office is in Delhi, India.

The registered office of Primus IT Solutions is at A – 2 J Extension Street No.06 Laxmi Nagar, Delhi, India – 110092.

Primus IT Solutions operates in the information technology industry, in the IT consulting and support services segment.