MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0079032
Resource Corner IT Services Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹87.44 Lakh
▼ 29% YoY
Net loss · FY 2025
₹84.44 Lakh
Net margin -96.6%
EBITDA · FY 2025
-₹84.44 Lakh
EBITDA margin -96.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Resource Corner IT Services Private Limited
Data last updated:
Resource Corner IT Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 12 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC119494. Its GSTIN is 36AAICR5175N1ZP (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sivaram Vandrangi and Srividya Jaggumantri.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.44 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹84.44 Lakh (net margin -96.6%) and EBITDA of -₹84.44 Lakh (EBITDA margin -96.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 59% over five years.
The company is associated with 1 brand: Resourcecorner.
Resource Corner IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0079032). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website resourcecornerit.com.
Company Details of Resource Corner IT Services Private Limited
CIN U72900TG2017PTC119494
Registration Number 119494
Incorporation Date 12 September 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0079032
Recognitions & Rankings of Resource Corner IT Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 470 & 471 Survey No. 11rd. No. 26A Swamy Ayyappa Housing Society Allapur, Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Software Development & Support Services, IT Consulting & Support Services
Comprehensive company report
Resource Corner IT Services Private Limited - one report that includes everything
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Associated Brands with Resource Corner IT Services Private Limited
Resource Corner IT Services operates one associated brand: Resourcecorner. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software development, recruitment, and IT training services to businesses. | resourcecornerit.com |
Business Activity of Resource Corner IT Services Private Limited
The main business activity of Resource Corner IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Resource Corner IT Services Private Limited FY 2024 filings available
Resource Corner IT Services Private Limited reported revenue of ₹87.44 Lakh (down 29% YoY) for FY 2025.
Revenue · FY 2025
₹87.44 Lakh ▼ 29%
Net loss · FY 2025
₹84.44 Lakh margin -96.6%
EBITDA · FY 2025
-₹84.44 Lakh margin -96.6%
Compounded Annual Growth Rate (CAGR) of Resource Corner IT Services Private Limited
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 63%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 181%
5 years · compounded
▼ 49%
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 63% 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 Resource Corner IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹84.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹84.44 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 of Resource Corner IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -96.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -96.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Resource Corner IT Services are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Resource Corner IT Services Private Limited
Resource Corner IT Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivaram Vandrangi | Director | 12 Sep 2017 | 9 Years 1 Months | Current |
| Srividya Jaggumantri Also directs: Resonance Talent Solutions Private Limited | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
Peer Comparison of Resource Corner IT Services Private Limited
Resource Corner IT Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fargo Wiz Software Services Private Limited | ₹87.99 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Noida, Uttar Pradesh, India |
| Bulls Eye Technologies Private Limited | ₹87.79 Lakh (FY 2017) | •••• | •••• | 43.0% | •••• | Gurgaon, Haryana, India |
| Wopt Solutions Private Limited | ₹87.66 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Bommasandra, Karnataka, India |
| RRS Softech Private Limited (OPC) | ₹87.58 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Highstreet3d Private Limited | ₹87.48 Lakh (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Resource Corner IT Services Private Limited this company | ₹87.44 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
| Sqroot Media Private Limited | ₹87.42 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Gestalti Software Private Limited | ₹87.29 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Yellow Sky Technologies Private Limited | ₹87.28 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| LVS Enterprises Private Limited | ₹87.15 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Girsan Visuals Private Limited | ₹87.15 Lakh (FY 2024) | •••• | •••• | 178.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Resource Corner IT Services by revenue in the Information Technology industry (Software Services), 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 Resource Corner IT Services Private Limited
Resource Corner IT Services Private Limited is audited by Aravind and Krishna chartered accountants for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Aravind and Krishna chartered accountants | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Resource Corner IT Services Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Resource Corner IT Services Private Limited
Resource Corner IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Resource Corner IT Services Private Limited
Resource Corner IT Services Private Limited has a workforce of 0 employees as of Apr 04, 2024.
Active EPFO establishments
1
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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 Resource Corner IT Services Private Limited
Resource Corner IT Services Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Venkata Srinivas Manthripragada ceased to be Director on 09 Dec 2019.
AGM
Resource Corner It Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Resource Corner It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Venkata Srinivas Manthripragada ceased to be Director.
Ceased
Achyuta Rama Rao Bhagavatula ceased to be Director.
Appointed
Srividya Jaggumantri was appointed as Director.
Ceased
Radapaka Karuna Sagar ceased to be Director.
Ceased
Srikanth Markonda Patnaikuni ceased to be Director.
Appointed
Sivaram Vandrangi was appointed as Director.
Incorporation
12 Sep 2017
Resource Corner It Services Private Limited was registered on 12 Sep 2017 with Roc Hyderabad & aged 9 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Resource Corner IT Services Private Limited
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MSME Payment Delays by Resource Corner IT Services Private Limited
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Subsidiaries & Group Companies of Resource Corner IT Services Private Limited
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GST Compliance of Resource Corner IT Services Private Limited
Resource Corner IT Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICR5175N1ZP | Telangana | Active | 01 May 2018 |
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MCA Filings & Documents of Resource Corner IT Services Private Limited
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Frequently Asked Questions about Resource Corner IT Services Private Limited
Resource Corner IT Services is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 12 September 2017 (9+ years old) and is registered under CIN U72900TG2017PTC119494.
Resource Corner IT Services reported revenue of ₹87.44 Lakh for FY 2025 (down 29% YoY).
Resource Corner IT Services has 2 current directors:
- Sivaram Vandrangi - Director
- Srividya Jaggumantri - Director
Resource Corner IT Services reported a net loss of ₹84.44 Lakh (net margin -96.6%) and EBITDA of -₹84.44 Lakh (EBITDA margin -96.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Resource Corner IT Services is 63% over three years and 59% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Resource Corner IT Services is 36AAICR5175N1ZP, registered in Telangana.
The CIN (Corporate Identification Number) of Resource Corner IT Services is U72900TG2017PTC119494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resource Corner IT Services was incorporated on 12 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Resource Corner IT Services by revenue are Fargo Wiz Software Services Private Limited, Bulls Eye Technologies Private Limited, Wopt Solutions Private Limited, RRS Softech Private Limited (OPC), Highstreet3d Private Limited and 5 more, all in the Information Technology industry (Software Services).
Venkata Srinivas Manthripragada ceased to be Director on 09 Dec 2019. Achyuta Rama Rao Bhagavatula ceased to be Director on 11 Oct 2018. Srividya Jaggumantri was appointed as Director on 10 Oct 2018. Resource Corner IT Services has 6 board changes on record in total.
Yes, Resource Corner IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0079032).