Rce IT Solutions Private Limited

Rce IT Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72900TG2016FTC111661 Incorporated 26 August 2016 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹14.84 Lakh
▼ 12% YoY
Net loss · FY 2021
₹25,460
Net margin -1.7%
EBITDA · FY 2021
-₹25,460
EBITDA margin -1.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date

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.

Company Details of Rce IT Solutions Private Limited
CIN U72900TG2016FTC111661
Registration Number 111661
Incorporation Date 26 August 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Vasista Bhavan 5th Floor Opp Lane To DLF Cyber City Aphb Colony Indira Nagar Gachibowl, I, Hyderabad, Telangana, India – 500032
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Rce IT Solutions Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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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.

Revenue · FY 2021
₹14.84 Lakh ▼ 12%
Net loss · FY 2021
₹25,460 margin -1.7%
EBITDA · FY 2021
-₹25,460 margin -1.7%

Compounded Annual Growth Rate (CAGR) of Rce IT Solutions Private Limited

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▼ 27%

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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 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.

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Financial statements from FY 2017

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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Shankar YadavDirector08 Jan 20224 Years 9 MonthsCurrent
Nagaraju PuramsettyDirector08 Jan 20224 Years 9 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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.

NameStatusAppointment DateCessation Date
B K K & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Rce IT Solutions Private Limited

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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.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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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.

Ceased
Brahmanaidu Jana ceased to be Director.
Ceased
Gundala Srinu ceased to be Director.
Appointed
Nagaraju Puramsetty was appointed as Director.
Appointed
Shankar Yadav was appointed as Director.
AGM
Rce It Solutions Private Limited last Annual general meeting of members was held on 22 Nov 2021 as per latest MCA records.
Ceased
Deepthi Reddy Reddy Gangi ceased to be Director.
Ceased
Venkata Suryanarayana Burri ceased to be Director.
Ceased
Barry Pilgrim ceased to be Director.
Filing
Rce It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Naveen Kumar Alapati ceased to be Director.
Ceased
Varun Kumar Podila ceased to be Director.
Incorporation
26 Aug 2016
Rce It Solutions Private Limited was registered on 26 Aug 2016 with Roc Hyderabad & aged 10 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Rce IT Solutions Private Limited

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MSME Payment Delays by Rce IT Solutions Private Limited

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Subsidiaries & Group Companies of Rce IT Solutions Private Limited

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GST Compliance of Rce IT Solutions Private Limited

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MCA Filings & Documents of Rce IT Solutions Private Limited

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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:

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.

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