About Parameter Softwares
Parameter Softwares is a Technology company based in Bhubaneswar (India) founded in 1991. It provides IT-enabled services, management advisory, and software development solutions to businesses. It operates on a B2B model. Its Indian entity Parameter Softwares Private Limited reported revenue of ₹2.02 Cr. Parameter Softwares offers products and services including RESolve and IT-Enabled Services. Its focus areas include Information Technology, IT-Enabled Services, Software Development and Custom Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Parameter Softwares (P) Ltd., based in Bhubaneswar, India, partners with customers to drive organizational transformation through IT-Enabled Services, Management Advisory Services, and Software Development. They deliver world-class solutions to address obstacles, support initiatives like circular economy and SDGs, and ensure client satisfaction. Their activities include consulting, software solutions, and event organization, focusing on societal issues and corporate responsibility.
- Headquarters Bhubaneswar, India
- SectorsTechnology
- Email••••••••
- Website pspl.ind.in
- Social LinkedIn X Facebook
- Legal Name Parameter Softwares Private Limited
- Date of Incorporation 07 Dec, 2000
- Jurisdiction Bhubaneswar, Odisha, India
- Annual Revenue₹2.02 Cr
FY 2024 · +1% YoY
- Net Profit₹18.2 Lakh
FY 2024 · 9% margin
- EBITDA₹40.6 Lakh
FY 2024 · 20% margin
Associated legal entities of Parameter Softwares
Parameter Softwares operates through Parameter Softwares Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parameter Softwares Private Limited CIN U72900OR2000PTC006390 | Active | 07 Dec 2000 | Bhubaneswar, Odisha | ₹2.0 Cr | 2 | View details |
Products & Services of Parameter Softwares
Parameter Softwares offers a comprehensive portfolio of products and services, including RESolve and IT-Enabled Services.
Tool for negotiating organizational obstacles and ensuring satisfaction.
Services leveraging technology for business efficiency and solutions.
Board of directors of Parameter Softwares Private Limited (Parameter Softwares)
Parameter Softwares Private Limited is the primary company behind Parameter Softwares. The board of Parameter Softwares Private Limited currently have 2 directors; the longest-serving is Jagannath Prasad Jagdev, appointed in 2000. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jagannath Prasad Jagdev DIN 01895667 | Director | 07 Dec 2000 | 25 yrs 10 mo | Parameter Softwares Private Limited |
| Pradeepta Kumar Dash DIN 01310718 | Director | 07 Dec 2000 | 25 yrs 10 mo | Parameter Softwares Private Limited |
Financials of Parameter Softwares
Figures of Parameter Softwares Private Limited, the primary company behind Parameter Softwares, for FY 2024. Revenue was ₹2.02 Cr (+1% year on year). Net profit was ₹18.2 Lakh (9% margin). EBITDA was ₹40.6 Lakh (20% margin). Revenue has grown at a compounded annual rate of +7% over three years and +8% over five years.
- ₹2.02 CrRevenue · FY 2024 · +1% YoY
- ₹18.2 LakhNet profit · 9% margin
- ₹40.6 LakhEBITDA · 20% margin
- ₹1.3 LakhPaid-up capital
- +7%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Parameter Softwares Private Limited are on its company page.
Detailed financial statements for Parameter Softwares
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Competitors of Parameter Softwares
Parameter Softwares has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Parameter Softwares
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Frequently Asked Questions about Parameter Softwares
Parameter Softwares was founded in 1991.
Parameter Softwares is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
The primary company behind Parameter Softwares, Parameter Softwares Private Limited, reported revenue of ₹2.02 Cr for FY 2024, up 1% year on year.
Parameter Softwares (P) Ltd., based in Bhubaneswar, India, partners with customers to drive organizational transformation through IT-Enabled Services, Management Advisory Services, and Software Development. They deliver world-class solutions to address obstacles, support initiatives like circular economy and SDGs, and ensure client satisfaction. Their activities include consulting, software solutions, and event organization, focusing on societal issues and corporate responsibility.
Parameter Softwares's top competitors include Happiest Minds and Datamatics.
Parameter Softwares offers RESolve and IT-Enabled Services.
Parameter Softwares operates through Parameter Softwares Private Limited.
The legal entities of Parameter Softwares currently have 2 directors, including Jagannath Prasad Jagdev, Pradeepta Kumar Dash.