About Sourcesol Interactive Technologies Private Limited
Data last updated:
Sourcesol Interactive Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2010PTC075665. Its GSTIN is 33AAOCS2177B1ZH (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sivakumar Periasamy (Managing Director) and Essakimuthu Christy Vimal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 60 Second Floor Thomas Nagar Little Mount, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2019, the company reported a revenue of ₹58.49 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.87 Lakh (net margin 6.6%) and EBITDA of ₹6.15 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 3% 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 sourcesol.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 60 Second Floor Thomas Nagar Little Mount, Chennai, Tamil Nadu, India – 600015
- 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 Sourcesol Interactive Technologies Private Limited
The main business activity of Sourcesol Interactive Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Sourcesol Interactive Technologies Private Limited FY 2019 filings available
Sourcesol Interactive Technologies Private Limited reported revenue of ₹58.49 Lakh (up 20% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Sourcesol Interactive Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 20% growth in the latest year. EBITDA rose 22% 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 Sourcesol Interactive Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹6.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.87 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 Sourcesol Interactive Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Sourcesol Interactive Technologies are in the company report.
Financial statements from 2015
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.
Peer Comparison of Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techmarche Private Limited | ₹58.58 Lakh (FY 2023) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Celominds Solutions Private Limited | ₹58.53 Lakh (FY 2024) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Gyan Geomatic Services Private Limited | ₹58.51 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Bahraich, Uttar Pradesh, India |
| Crescendo Cinemas Private Limited | ₹58.5 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Kochi, Kerala, India |
| Cvirms Informatics Private Limited | ₹58.5 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Sourcesol Interactive Technologies Private Limited this company | ₹58.49 Lakh (FY 2019) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| One Voice Brothers Private Limited | ₹58.46 Lakh (FY 2018) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Allied-Iconic Private Limited | ₹58.44 Lakh (FY 2024) | •••• | •••• | •••• | Athipet, Tamil Nadu, India | |
| Fabevy Technologies (OPC) Private Limited | ₹58.43 Lakh (FY 2023) | •••• | •••• | 245.0% | •••• | Tenkasi Tk, Tamil Nadu, India |
| Processbiz Solutions Private Limited | ₹58.43 Lakh (FY 2018) | •••• | •••• | 5799.0% | •••• | Pune, Maharashtra, India |
| BDSD Technology Private Limited | ₹58.39 Lakh (FY 2025) | •••• | •••• | 172.0% | •••• | Sultanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sourcesol Interactive Technologies by revenue in the same principal business activity (Other information & communication service activities), 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 Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies Private Limited is audited by R BALAJI & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R BALAJI & CO | 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.
Board of Directors of Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivakumar Periasamy Also directs: The Radiance Hub LLP, Wizbees Technologies Private Limited | Managing Director | 11 May 2010 | 16 Years 5 Months | Current |
| Essakimuthu Christy Vimal Also directs: The Radiance Hub LLP | Director | 11 May 2010 | 16 Years 5 Months | Current |
Ownership and Shareholding of Sourcesol Interactive Technologies 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 Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sourcesol Interactive Technologies Private Limited
Employment history and EPFO contributions of people linked to Sourcesol Interactive Technologies.
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 Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Venkatesh Babu Sundaresan ceased to be Director on 14 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Sourcesol Interactive Technologies 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 Sourcesol Interactive Technologies 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 Sourcesol Interactive Technologies 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 Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCS2177B1ZH | Tamil Nadu | Active | 01 Jul 2017 |
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 Sourcesol Interactive Technologies 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 Sourcesol Interactive Technologies Private Limited
Sourcesol Interactive Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 May 2010 (16+ years old) and is registered under CIN U72200TN2010PTC075665.
Sourcesol Interactive Technologies reported revenue of ₹58.49 Lakh for FY 2019 (up 20% YoY).
Sourcesol Interactive Technologies has 2 current directors:
- Sivakumar Periasamy - Managing Director
- Essakimuthu Christy Vimal - Director
Sourcesol Interactive Technologies reported a net profit of ₹3.87 Lakh (net margin 6.6%) and EBITDA of ₹6.15 Lakh (EBITDA margin 10.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sourcesol Interactive Technologies is 53% over three years and 3% over five years. In the latest year (FY 2019) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sourcesol Interactive Technologies is 33AAOCS2177B1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sourcesol Interactive Technologies is U72200TN2010PTC075665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcesol Interactive Technologies was incorporated on 11 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sourcesol Interactive Technologies by revenue are Techmarche Private Limited, Celominds Solutions Private Limited, Gyan Geomatic Services Private Limited, Crescendo Cinemas Private Limited, Cvirms Informatics Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Venkatesh Babu Sundaresan ceased to be Director on 14 Nov 2016. Essakimuthu Christy Vimal was appointed as Director on 11 May 2010. Sivakumar Periasamy was appointed as Managing Director on 11 May 2010.
Sourcesol Interactive Technologies can be reached through the website sourcesol.co.in. Its registered office is in Chennai, Tamil Nadu, India.