Competence Skills Private Limited
About Competence Skills Private Limited
Data last updated:
Competence Skills Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC143932. Its GSTIN is 36AAICC9774C1ZE (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chanakya Thapi and Siva Sankara Rao Paladugu.
Its last annual general meeting (AGM) was held on 30 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pl.No.19 Survey No.18 Seriligampally Kondapur, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.88 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹3.22 Lakh (net margin -32.5%) and EBITDA of -₹3.22 Lakh (EBITDA margin -32.5%).
Company details
Contact details
Competence Skills Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPl.No.19 Survey No.18 Seriligampally Kondapur, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Competence Skills is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Competence Skills Private Limited, buy the company report.
Financials of Competence Skills Private Limited
FY 2024 filings availableCompetence Skills Private Limited reported revenue of ₹9.88 Lakh (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year. EBITDA rose 67% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.22 Lakh | |||
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| Net Profit (PAT) | -₹3.22 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -32.5% | |||
| Net Profit Margin | -32.5% | |||
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To see the full financial statements and ratios of Competence Skills Private Limited, buy the company report.
Board of directors of Competence Skills Private Limited
Competence Skills has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanakya Thapi Also directs: Commcrypt Network Solutions Private Limited | Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Siva Sankara Rao Paladugu | Director | 16 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Competence Skills Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aquilina Technologies Private Limited | ₹9.89 Lakh (FY 2022) | 45.0% | Hyderabad, Telangana, India | |||
| Diyasha Tech Private Limited | ₹9.89 Lakh (FY 2023) | -7.0% | Vadodara, Gujarat, India | |||
| Alsbridge Advisory Private Limited | ₹9.89 Lakh (FY 2024) | -67.0% | Bangalore, Karnataka, India | |||
| Accelade Solutions Private Limited | ₹9.89 Lakh (FY 2017) | 22.0% | Bhubaneswar, Odisha, India | |||
| Irisind Software Private Limited | ₹9.88 Lakh (FY 2024) | Thrikkakara, Kerala, India | ||||
| Competence Skills Private Limitedthis company | ₹9.88 Lakh (FY 2024) | -₹3.22 Lakh | -32.5% | -81.0% | Hyderabad, Telangana, India | |
| Gamaka AI Technologies Private Limited | ₹9.88 Lakh (FY 2025) | -81.0% | Pune, Maharashtra, India | |||
| One Step Technology Private Limited | ₹9.88 Lakh (FY 2018) | 193.0% | New Delhi, Delhi, India | |||
| Devbotics Technologies (OPC) Private Limited | ₹9.88 Lakh (FY 2025) | 23.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Competence Skills Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Competence Skills 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 Competence Skills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Competence Skills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICC9774C1ZE | Telangana | Active | 08 Jan 2021 |
To see the full GST registrations and return filing status of Competence Skills Private Limited, buy the company report.
Recent activity
Competence Skills Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chanakya Thapi was appointed as Director on 16 Sep 2020.
Frequently asked questions
Competence Skills is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 September 2020 (6+ years old) and is registered under CIN U72900TG2020PTC143932.
Competence Skills has 2 current directors:
- Chanakya Thapi - Director
- Siva Sankara Rao Paladugu - Director
The latest financial statements of Competence Skills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 July 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Competence Skills is 36AAICC9774C1ZE, registered in Telangana.
The CIN (Corporate Identification Number) of Competence Skills is U72900TG2020PTC143932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Competence Skills was incorporated on 16 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Competence Skills by revenue are Aquilina Technologies Private Limited, Diyasha Tech Private Limited, Alsbridge Advisory Private Limited, Accelade Solutions Private Limited, Irisind Software Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Chanakya Thapi was appointed as Director on 16 Sep 2020. Siva Sankara Rao Paladugu was appointed as Director on 16 Sep 2020.
The registered office of Competence Skills is at Pl.No.19 Survey No.18 Seriligampally Kondapur, Hyderabad, Telangana, India – 500032.
Competence Skills operates in the information technology industry, in the application development and software solutions segment.
Competence Skills can be reached at its registered office: Pl.No.19 Survey No.18 Seriligampally Kondapur, Hyderabad, Telangana, India – 500032.
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