
Tiara Business Solutions Private Limited
About Tiara Business Solutions Private Limited
Data last updated:
Tiara Business Solutions Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 31 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC103489.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meena Kishorekumar Savant and Mahabhishek Padmanabha Sampangi.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #3267/1582/2 100Ft Road Near Chikkamma School Opp To Anjaneya Temple Hinkal, Mysore, Karnataka, India – 570017.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.08 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Lakh (net margin 8.2%) and EBITDA of ₹3.26 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tiara Business Solutions Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#3267/1582/2 100Ft Road Near Chikkamma School Opp To Anjaneya Temple Hinkal, Mysore, Karnataka, India – 570017
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Tiara Business Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Tiara Business Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Tiara Business Solutions Private Limited, buy the company report.
Financials of Tiara Business Solutions Private Limited
FY 2023 filings availableTiara Business Solutions Private Limited reported revenue of ₹31.08 Lakh (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 21% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.55 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 Tiara Business Solutions Private Limited, buy the company report.
Board of directors of Tiara Business Solutions Private Limited
Tiara Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Kishorekumar Savant | Director | 31 May 2017 | 9 Years 4 Months | Current |
| Mahabhishek Padmanabha Sampangi Also directs: Vrushabhadri Consultants Private Limited | Director | 31 May 2017 | 9 Years 4 Months | Current |
Peer comparison
Tiara Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digital Ideas Solution Private Limited | ₹31.34 Lakh (FY 2025) | 97.0% | Noida, Uttar Pradesh, India | |||
| Rucatech Data Science Private Limited | ₹31.33 Lakh (FY 2019) | Bengaluru, Karnataka, India | ||||
| Datum Decipher Analytics Private Limited | ₹31.31 Lakh (FY 2025) | 152.0% | Udaipur, Rajasthan, India | |||
| HND Solutions Private Limited | ₹31.28 Lakh (FY 2023) | -10.0% | Ahmedabad, Gujarat, India | |||
| Generation Next Outsourcing Services Private Limited | ₹31.2 Lakh (FY 2017) | -15.0% | Mumbai, Maharashtra, India | |||
| Tiara Business Solutions Private Limitedthis company | ₹31.08 Lakh (FY 2023) | ₹2.55 Lakh | 8.2% | -26.0% | Mysore, Karnataka, India | |
| Cribson Technologies Private Limited | ₹31.02 Lakh (FY 2024) | -31.0% | Thiruvananthapuram, Kerala, India | |||
| VPH Tech Solutions Private Limited | ₹31.01 Lakh (FY 2017) | Noida, Uttar Pradesh, India | ||||
| Rebelcorp Private Limited | ₹30.93 Lakh (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Foliate Design Studio Private Limited | ₹30.93 Lakh (FY 2025) | -4.0% | Delhi, India | |||
| Triospire Web Solutions Private Limited | ₹30.84 Lakh (FY 2025) | -40.0% | Surat, Gujarat, India |
To see the full peer comparison of Tiara Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tiara 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 Tiara 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 Tiara Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tiara Business Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Mahabhishek Padmanabha Sampangi was appointed as Director on 31 May 2017.
Frequently asked questions
Tiara Business Solutions is an active private limited company based in Mysore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 31 May 2017 (9+ years old) and is registered under CIN U74999KA2017PTC103489.
Tiara Business Solutions has 2 current directors:
- Meena Kishorekumar Savant - Director
- Mahabhishek Padmanabha Sampangi - Director
The latest financial statements of Tiara Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Tiara Business Solutions is U74999KA2017PTC103489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiara Business Solutions was incorporated on 31 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Tiara Business Solutions by revenue are Digital Ideas Solution Private Limited, Rucatech Data Science Private Limited, Datum Decipher Analytics Private Limited, HND Solutions Private Limited, Generation Next Outsourcing Services Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Mahabhishek Padmanabha Sampangi was appointed as Director on 31 May 2017. Meena Kishorekumar Savant was appointed as Director on 31 May 2017.
The registered office of Tiara Business Solutions is at #326715822 100Ft Road Near Chikkamma School Opp To Anjaneya Temple Hinkal, Mysore, Karnataka, India – 570017.
Tiara Business Solutions operates in the business services industry, in the other services segment.
The compliance status of Tiara Business Solutions is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Tiara Business Solutions can be reached at its registered office: #326715822 100Ft Road Near Chikkamma School Opp To Anjaneya Temple Hinkal, Mysore, Karnataka, India – 570017.