MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0027845
Akurate Management Solutions Private Limited - business outsourcing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹44.57 Lakh
▲ 58% YoY
Net profit · FY 2023
₹2.66 Lakh
Net margin 6%
EBITDA · FY 2023
₹4.42 Lakh
EBITDA margin 9.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
8
Provident fund records
Directors on board
2
As per MCA filings
About Akurate Management Solutions Private Limited
Data last updated:
Akurate Management Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 07 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72400TG2013PTC090358. Its GSTIN is 36AAMCA0904A2Z9 (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Kumar Palakala and Uma Rani Palakala.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #608 Eden Square 9 – 1 – 87&9 – 1 – 119/1st. John'Sroad Secunderabad, Hyderabad, Telangana, India – 500003.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.57 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹2.66 Lakh (net margin 6%) and EBITDA of ₹4.42 Lakh (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 25% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akurate.
Akurate Management Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0027845). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akuratems.com.
Company details
CIN U72400TG2013PTC090358
Registration Number 090358
Incorporation Date 07 October 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0027845
CIN history
Akurate Management Solutions has one previous CIN (Corporate Identification Number): U72400AP2013PTC090358. The current CIN is U72400TG2013PTC090358, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72400TG2013PTC090358 | Current |
| U72400AP2013PTC090358 | Previous |
Recognitions & Rankings of Akurate Management Solutions
Contact details
Akurate Management Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is akuratems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#608 Eden Square 9 – 1 – 87&9 – 1 – 119/1st. John'Sroad Secunderabad, Hyderabad, Telangana, India – 500003
- IndustryBusiness Outsourcing, Medical Transcription
To see the full contact details of Akurate Management Solutions Private Limited, buy the company report.
Comprehensive company report
Akurate Management 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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Secure checkout · GST invoice included
Brands
Akurate Management Solutions operates one associated brand: Akurate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers revenue cycle management, medical coding, and billing for healthcare facilities. | akuratems.com |
Business activity
The main business activity of Akurate Management 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 Akurate Management Solutions Private Limited, buy the company report.
Financials of Akurate Management Solutions Private Limited
FY 2023 filings availableAkurate Management Solutions Private Limited reported revenue of ₹44.57 Lakh (up 58% YoY) for FY 2023.
Revenue · FY 2023
₹44.57 Lakh ▲ 58%
Net profit · FY 2023
₹2.66 Lakh margin 6%
EBITDA · FY 2023
₹4.42 Lakh margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 36%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▲ 6%
5 years · compounded
▼ 15%
Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 83% 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 |
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| EBITDA | ₹4.42 Lakh | ||||
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| Net Profit (PAT) | ₹2.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Akurate Management Solutions Private Limited, buy the company report.
Board of directors of Akurate Management Solutions Private Limited
Akurate Management Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Palakala Also directs: Paracode Solutions LLP | Director | 07 Oct 2013 | 13 Years 0 Months | Current |
| Uma Rani Palakala | Director | 07 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Akurate Management Solutions Private Limited is audited by D R SASTRY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R SASTRY & ASSOCIATES | FY 2019 | 008957S |
Shareholding
The shareholding of Akurate Management Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akurate Management Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akurate Management 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 Akurate Management Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akurate Management Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
33.33%
GST
Akurate Management Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCA0904A2Z9 | Telangana | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Akurate Management Solutions Private Limited, buy the company report.
Recent activity
Akurate Management Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Arun Kumar Palakala was appointed as Director on 07 Oct 2013.
AGM
Akurate Management Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Akurate Management Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Appointed
Arun Kumar Palakala was appointed as Director.
Appointed
Uma Rani Palakala was appointed as Director.
Incorporation
07 Oct 2013
Akurate Management Solutions Private Limited was registered on 07 Oct 2013 with Roc Hyderabad & aged 13 years 22 days as per MCA records.
Frequently asked questions
Akurate Management Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 07 October 2013 (13+ years old) and is registered under CIN U72400TG2013PTC090358.
Akurate Management Solutions has 2 current directors:
- Arun Kumar Palakala - Director
- Uma Rani Palakala - Director
The latest financial statements of Akurate Management Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Akurate Management Solutions is 36AAMCA0904A2Z9, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Akurate Management Solutions is U72400TG2013PTC090358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akurate Management Solutions was incorporated on 07 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Arun Kumar Palakala was appointed as Director on 07 Oct 2013. Uma Rani Palakala was appointed as Director on 07 Oct 2013.
Yes, Akurate Management Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0027845).
Akurate Management Solutions can be reached through the website akuratems.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Akurate Management Solutions is at #608 Eden Square 9 – 1 – 87&9 – 1 – 1191st. JohnSroad Secunderabad, Hyderabad, Telangana, India – 500003.