Tiara Business Solutions Private Limited

Tiara Business Solutions Private Limited - business services in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC103489 Incorporated 31 May 2017 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2023
₹31.08 Lakh
▼ 26% YoY
Net profit · FY 2023
₹2.55 Lakh
Net margin 8.2%
EBITDA · FY 2023
₹3.26 Lakh
EBITDA margin 10.5%
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
Last financials
Mar 2023
Balance sheet date

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

CIN U74999KA2017PTC103489
Registration Number 103489
Incorporation Date 31 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

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
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Tiara Business Solutions Private Limited, buy the company report.

Comprehensive company report
Tiara 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data 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 available

Tiara Business Solutions Private Limited reported revenue of ₹31.08 Lakh (down 26% YoY) for FY 2023.

Revenue · FY 2023
₹31.08 Lakh ▼ 26%
Net profit · FY 2023
₹2.55 Lakh margin 8.2%
EBITDA · FY 2023
₹3.26 Lakh margin 10.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 19%
5 years · compounded
▲ 42%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin10.5%
Net Profit Margin8.2%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Meena Kishorekumar SavantDirector31 May 20179 Years 4 MonthsCurrent
Mahabhishek Padmanabha SampangiDirector31 May 20179 Years 4 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh8.2%-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.

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.

AGM
Tiara Business Solutions Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Filing
Tiara Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Mahabhishek Padmanabha Sampangi was appointed as Director.
Appointed
Meena Kishorekumar Savant was appointed as Director.
Incorporation
31 May 2017
Tiara Business Solutions Private Limited was registered on 31 May 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.

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:

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.