Bitcare Solutions Private Limited
About Bitcare Solutions Private Limited
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Bitcare Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 17 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2021PTC154167.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vivekanandam Kolluri and Arpitha Uppari.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 30 – 647/5/10A Navabharat Colony Bandachavu Old Safilguda Malkajgiri, Hyderabad, Telangana, India – 500047.
As per the financials filed for FY 2023, the company reported a revenue of ₹74.66 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.02 Lakh (net margin 5.4%) and EBITDA of ₹5.55 Lakh (EBITDA margin 7.4%).
The company has about 20 employees on its provident fund (EPFO) records.
Company details
Contact details
Bitcare Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address30 – 647/5/10A Navabharat Colony Bandachavu Old Safilguda Malkajgiri, Hyderabad, Telangana, India – 500047
- IndustryBusiness Services, Other Services, Miscellaneous Business 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 Bitcare Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Bitcare Solutions Private Limited, buy the company report.
Financials of Bitcare Solutions Private Limited
FY 2023 filings availableBitcare Solutions Private Limited reported revenue of ₹74.66 Lakh (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA fell 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹5.55 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.02 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
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| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.4% | |
| Net Profit Margin | 5.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
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To see the full financial statements and ratios of Bitcare Solutions Private Limited, buy the company report.
Board of directors of Bitcare Solutions Private Limited
Bitcare Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivekanandam Kolluri | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Arpitha Uppari | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Mallaiahmark Mothupally | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Bitcare Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Catalyst People Development Private Limited | ₹75.1 Lakh (FY 2024) | 7.0% | Chandigarh, India | |||
| Future Manpower Private Limited | ₹75.03 Lakh (FY 2024) | -6.0% | Bhopal, Madhya Pradesh, India | |||
| Bhaworld Collection Systems Private Limited | ₹74.99 Lakh (FY 2024) | -2.0% | Kirari, Delhi, India | |||
| Infinite HR Consultants Private Limited | ₹74.84 Lakh (FY 2025) | -21.0% | Chennai, Tamil Nadu, India | |||
| Farhan Vision Private Limited | ₹74.69 Lakh (FY 2024) | Himayatnagar, Maharashtra, India | ||||
| Bitcare Solutions Private Limitedthis company | ₹74.66 Lakh (FY 2023) | ₹4.02 Lakh | 5.4% | -16.0% | Hyderabad, Telangana, India | |
| Sanu Security and Manpower Services (OPC) Private Limited | ₹74.62 Lakh (FY 2025) | 806.0% | Jabalpur, Madhya Pradesh, India | |||
| Next Step Services Private Limited | ₹74.54 Lakh (FY 2025) | 92.0% | New Delhi, Delhi, India | |||
| Goldeneye Consultancy Private Limited | ₹74.44 Lakh (FY 2025) | -49.0% | Bangalore, Karnataka, India | |||
| Linelight Private Limited | ₹74.29 Lakh (FY 2023) | 4.0% | Kannur, Kerala, India | |||
| CXHR Services Private Limited | ₹74.22 Lakh (FY 2025) | 316.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bitcare Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bitcare 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 Bitcare 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 Bitcare Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bitcare Solutions Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Arpitha Uppari was appointed as Director on 17 Aug 2021.
Frequently asked questions
Bitcare Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other services, within the business services industry. It was incorporated on 17 August 2021 (5+ years old) and is registered under CIN U74999TG2021PTC154167.
Bitcare Solutions has 3 current directors:
- Vivekanandam Kolluri - Director
- Arpitha Uppari - Director
- Mallaiahmark Mothupally - Director
The latest financial statements of Bitcare Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Bitcare Solutions is U74999TG2021PTC154167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitcare Solutions was incorporated on 17 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bitcare Solutions by revenue are Catalyst People Development Private Limited, Future Manpower Private Limited, Bhaworld Collection Systems Private Limited, Infinite HR Consultants Private Limited, Farhan Vision Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Arpitha Uppari was appointed as Director on 17 Aug 2021. Mallaiahmark Mothupally was appointed as Director on 17 Aug 2021. Vivekanandam Kolluri was appointed as Director on 17 Aug 2021.
The registered office of Bitcare Solutions is at 30 – 647510A Navabharat Colony Bandachavu Old Safilguda Malkajgiri, Hyderabad, Telangana, India – 500047.
Bitcare Solutions operates in the business services industry, in the other services segment.
Bitcare Solutions can be reached at its registered office: 30 – 647510A Navabharat Colony Bandachavu Old Safilguda Malkajgiri, Hyderabad, Telangana, India – 500047.
Bitcare Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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