
Rce IT Solutions Private Limited
About Rce IT Solutions Private Limited
Data last updated:
Rce IT Solutions Private Limited is a foreign private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2016FTC111661.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shankar Yadav and Nagaraju Puramsetty.
Its last annual general meeting (AGM) was held on 22 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹14.84 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹25,460 (net margin -1.7%) and EBITDA of -₹25,460 (EBITDA margin -1.7%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressVasista Bhavan 5th Floor Opp Lane To DLF Cyber City Aphb Colony Indira Nagar Gachibowl, I, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Rce IT Solutions Private Limited
The main business activity of Rce IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rce IT Solutions Private Limited FY 2021 filings available
Rce IT Solutions Private Limited reported revenue of ₹14.84 Lakh (down 12% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Rce IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 12% fall in the latest year. EBITDA rose 82% 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 of Rce IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹25,460 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25,460 | •••• | •••• | •••• | •••• |
| 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 of Rce IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rce IT Solutions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Rce IT Solutions Private Limited
Rce IT Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Yadav Also directs: Hefty Creative Technologies Private Limited | Director | 08 Jan 2022 | 4 Years 9 Months | Current |
| Nagaraju Puramsetty Also directs: Hefty Creative Technologies Private Limited | Director | 08 Jan 2022 | 4 Years 9 Months | Current |
Peer Comparison of Rce IT Solutions Private Limited
Rce IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dgist Software Private Limited | ₹14.87 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Meadows Knowledge Services Private Limited | ₹14.86 Lakh (FY 2018) | •••• | •••• | 79.0% | •••• | Bangalore, Karnataka, India |
| Easy Professionals Hub Solutions Private Limited | ₹14.86 Lakh (FY 2022) | •••• | •••• | 29.0% | •••• | Coimbatore, Tamil Nadu, India |
| Brainsterra Synergy Private Limited | ₹14.85 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Noida, Uttar Pradesh, India |
| Proago Ventures Private Limited | ₹14.85 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Rce IT Solutions Private Limited this company | ₹14.84 Lakh (FY 2021) | •••• | •••• | -12.0% | •••• | Hyderabad, Telangana, India |
| Simac Engineering Private Limited | ₹14.81 Lakh (FY 2024) | •••• | •••• | 244.0% | •••• | Mancherial, Telangana, India |
| Geekfix Softserve Private Limited | ₹14.8 Lakh (FY 2021) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Sysol System Solutions Private Limited | ₹14.8 Lakh (FY 2023) | •••• | •••• | 586.0% | •••• | Malappuram, Kerala, India |
| I2i Telesource Private Limited | ₹14.8 Lakh (FY 2025) | •••• | •••• | •••• | Madurai, Tamil Nadu, India | |
| Vedik Cyber Technology Private Limited (OPC) | ₹14.79 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Rce IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rce IT Solutions Private Limited
Rce IT Solutions Private Limited is audited by B K K & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B K K & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Rce IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rce IT Solutions Private Limited
Rce IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rce IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Rce IT Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rce IT Solutions Private Limited
Rce IT Solutions Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Brahmanaidu Jana ceased to be Director on 08 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Rce IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rce IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rce IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rce IT Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rce IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rce IT Solutions Private Limited
Rce IT Solutions is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 August 2016 (10+ years old) and is registered under CIN U72900TG2016FTC111661.
Rce IT Solutions reported revenue of ₹14.84 Lakh for FY 2021 (down 12% YoY).
Rce IT Solutions has 2 current directors:
- Shankar Yadav - Director
- Nagaraju Puramsetty - Director
Rce IT Solutions reported a net loss of ₹25,460 (net margin -1.7%) and EBITDA of -₹25,460 (EBITDA margin -1.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rce IT Solutions is -45% over three years. In the latest year (FY 2021) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Rce IT Solutions is U72900TG2016FTC111661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rce IT Solutions was incorporated on 26 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Rce IT Solutions by revenue are Dgist Software Private Limited, Meadows Knowledge Services Private Limited, Easy Professionals Hub Solutions Private Limited, Brainsterra Synergy Private Limited, Proago Ventures Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Brahmanaidu Jana ceased to be Director on 08 Jan 2022. Gundala Srinu ceased to be Director on 08 Jan 2022. Nagaraju Puramsetty was appointed as Director on 08 Jan 2022. Rce IT Solutions has 9 board changes on record in total.
The registered office of Rce IT Solutions is at Vasista Bhavan 5th Floor Opp Lane To DLF Cyber City Aphb Colony Indira Nagar Gachibowl, I, Hyderabad, Telangana, India – 500032.
Rce IT Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.