MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-20-0035091
Solvere Business Solutions Private Limited
Solvere Business Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.88 Cr
▲ 40% YoY
Net profit · FY 2023
₹7.68 Lakh
Net margin 4.1%
EBITDA · FY 2023
₹13.65 Lakh
EBITDA margin 7.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Solvere Business Solutions Private Limited
Data last updated:
Solvere Business Solutions Private Limited is a 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 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2016PTC113617.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anantha Laxmi Pantangi and Adinarayana Chennupati.
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 Plot No.10/8 Cdc Tower 1st Floor Road No.5 Ida Nacharam, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.88 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Lakh (net margin 4.1%) and EBITDA of ₹13.65 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 57% over five years.
Solvere Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0035091). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900TG2016PTC113617
Registration Number 113617
Incorporation Date 22 December 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-20-0035091
Recognitions & Rankings of Solvere Business Solutions
Contact details
Solvere Business Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.10/8 Cdc Tower 1st Floor Road No.5 Ida Nacharam, Hyderabad, Telangana, India – 500076
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Solvere Business Solutions Private Limited, buy the company report.
Comprehensive company report
Solvere Business 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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Financials of Solvere Business Solutions Private Limited
FY 2025 filings availableSolvere Business Solutions Private Limited reported revenue of ₹1.88 Cr (up 40% YoY) for FY 2023.
Revenue · FY 2023
₹1.88 Cr ▲ 40%
Net profit · FY 2023
₹7.68 Lakh margin 4.1%
EBITDA · FY 2023
₹13.65 Lakh margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▼ 22%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 29%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 40% growth in the latest year. EBITDA fell 59% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.88 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 4.1% | ||||
| 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 Solvere Business Solutions Private Limited, buy the company report.
Board of directors of Solvere Business Solutions Private Limited
Solvere Business Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anantha Laxmi Pantangi Also directs: Strateology IT Solutions Private Limited, Whistledrive Private Limited, Colosseum CQ Solutions Private Limited and 1 more | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
| Adinarayana Chennupati | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Solvere Business Solutions Private Limited is audited by P.V.V.SATYANARAYANA MURTHY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.V.V.SATYANARAYANA MURTHY | FY 2023 | 021862 |
Shareholding
The shareholding of Solvere Business 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solvere Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solvere Business Solutions 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 Solvere Business Solutions 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 Solvere Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solvere Business Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Adinarayana Chennupati was appointed as Director on 22 Dec 2016.
AGM
Solvere Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solvere Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Adinarayana Chennupati was appointed as Director.
Appointed
Anantha Laxmi Pantangi was appointed as Director.
Incorporation
22 Dec 2016
Solvere Business Solutions Private Limited was registered on 22 Dec 2016 with Roc Hyderabad & aged 9 years 10 months as per MCA records.
Frequently asked questions
Solvere Business Solutions is an active 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 22 December 2016 (10+ years old) and is registered under CIN U72900TG2016PTC113617.
Solvere Business Solutions has 2 current directors:
- Anantha Laxmi Pantangi - Director
- Adinarayana Chennupati - Director
The latest financial statements of Solvere Business Solutions 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 2017 are in the company report.
The CIN (Corporate Identification Number) of Solvere Business Solutions is U72900TG2016PTC113617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvere Business Solutions was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Adinarayana Chennupati was appointed as Director on 22 Dec 2016. Anantha Laxmi Pantangi was appointed as Director on 22 Dec 2016.
Yes, Solvere Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0035091).
The registered office of Solvere Business Solutions is at Plot No.108 Cdc Tower 1st Floor Road No.5 Ida Nacharam, Hyderabad, Telangana, India – 500076.
Solvere Business Solutions operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Solvere Business Solutions is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
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