Absotech Consultancy Services Private Limited
About Absotech Consultancy Services Private Limited
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Absotech Consultancy Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC191763.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Suhas Harishchandra Kapse and Veena Vijay Kamble.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S. No. 38/2/2 Kinara Colony Rahatani, Pune, Maharashtra, India – 411017.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.19 Lakh (net margin -204.6%) and EBITDA of -₹2.1 Lakh (EBITDA margin -196%).
Company details
Contact details
Absotech Consultancy Services Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressS. No. 38/2/2 Kinara Colony Rahatani, Pune, Maharashtra, India – 411017
- IndustryInformation Technology, Other Computer Related Activities
- 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 Absotech Consultancy Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Absotech Consultancy Services Private Limited, buy the company report.
Financials of Absotech Consultancy Services Private Limited
FY 2022 filings availableAbsotech Consultancy Services Private Limited reported revenue of ₹1.07 Lakh (up 532% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 532% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
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| EBITDA | -₹2.1 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.19 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -196% | |
| Net Profit Margin | -204.6% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Absotech Consultancy Services Private Limited, buy the company report.
Board of directors of Absotech Consultancy Services Private Limited
Absotech Consultancy Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Harishchandra Kapse | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Veena Vijay Kamble | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Sandeep Sajan Gaikwad | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Absotech Consultancy Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Better Democracy Private Limited | ₹1.08 Lakh (FY 2021) | Lucknow, Uttar Pradesh, India | ||||
| Jagannath Exports Private Limited | ₹1.07 Lakh (FY 2016) | -41.0% | Mumbai, Maharashtra, India | |||
| Leofelis Instruments Private Limited | ₹1.07 Lakh (FY 2023) | Silchar, Assam, India | ||||
| Accion Infotech Private Limited | ₹1.07 Lakh (FY 2024) | -71.0% | Chennai, Tamil Nadu, India | |||
| Omega Hospitality (Goa) Private Limited | ₹1.07 Lakh (FY 2022) | -87.0% | Panaji, Goa, India | |||
| Absotech Consultancy Services Private Limitedthis company | ₹1.07 Lakh (FY 2022) | -₹2.19 Lakh | -204.6% | 532.0% | Pune, Maharashtra, India | |
| Eventztree Private Limited | ₹1.07 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Green Tusk Logistics Private Limited | ₹1.07 Lakh (FY 2024) | Ramachandrapuram, Telangana, India | ||||
| Sri Krishna Shipping Private Limited | ₹1.07 Lakh (FY 2017) | 2.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Exeliq Analytics Solutions Private Limited | ₹1.07 Lakh (FY 2022) | -95.0% | Mumbai, Maharashtra, India | |||
| Pandhari Relocation Solution and Services Private Limited | ₹1.06 Lakh (FY 2022) | -53.0% | Pune, Maharashtra, India |
To see the full peer comparison of Absotech Consultancy Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Absotech Consultancy Services 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 Absotech Consultancy Services 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 Absotech Consultancy Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Absotech Consultancy Services Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sandeep Sajan Gaikwad was appointed as Director on 07 Jul 2020.
Frequently asked questions
Absotech Consultancy Services is an active private limited company based in Pune, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 July 2020 (6+ years old) and is registered under CIN U72900PN2020PTC191763.
Absotech Consultancy Services has 3 current directors:
- Suhas Harishchandra Kapse - Director
- Veena Vijay Kamble - Director
- Sandeep Sajan Gaikwad - Director
The latest financial statements of Absotech Consultancy Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Absotech Consultancy Services is U72900PN2020PTC191763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absotech Consultancy Services was incorporated on 07 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Absotech Consultancy Services by revenue are Better Democracy Private Limited, Jagannath Exports Private Limited, Leofelis Instruments Private Limited, Accion Infotech Private Limited, Omega Hospitality (Goa) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Sandeep Sajan Gaikwad was appointed as Director on 07 Jul 2020. Suhas Harishchandra Kapse was appointed as Director on 07 Jul 2020. Veena Vijay Kamble was appointed as Director on 07 Jul 2020.
The registered office of Absotech Consultancy Services is at S. No. 3822 Kinara Colony Rahatani, Pune, Maharashtra, India – 411017.
Absotech Consultancy Services operates in the information technology industry, in the other computer related activities segment.
Absotech Consultancy Services can be reached at its registered office: S. No. 3822 Kinara Colony Rahatani, Pune, Maharashtra, India – 411017.
Absotech Consultancy Services is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.