About Excero Services Private Limited
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Excero Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74110TG2016PTC111350. Its GSTIN is 36AAOCA6970G1ZA (Telangana). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Ags It Solutions Private Limited. It is led by directors including Srikanth Kumar Peddi and Phani Kumar Jetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.5 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹48.97 Lakh (net margin 3.6%) and EBITDA of ₹90.5 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 24% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excero.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 171 Flat No. 301 Sri Sudha Rupa Avenue, Road No. 4 Kakatiya Hills Madhapur, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Excero Services Private Limited
The main business activity of Excero Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Excero Services Private Limited FY 2024 filings available
Excero Services Private Limited reported revenue of ₹13.5 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Excero Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 39% growth in the latest year. EBITDA rose 19% 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 of Excero Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹90.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.97 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Excero Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Excero Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Excero Services Private Limited
Excero Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zentek Infosoft Private Limited | ₹13.57 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Jaipur, Rajasthan, India |
| C T Associates Private Limited | ₹13.56 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Inficare Software Technologies Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Gurgaon, Haryana, India |
| Vays Infotech Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Teekay Shipping (India) Private Limited | ₹13.51 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Excero Services Private Limited this company | ₹13.5 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Hyderabad, Telangana, India |
| Patliputra Solutions Private Limited | ₹13.47 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| CPS Venture Chennai Private Limited | ₹13.46 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Weaver Bird Consultants Private Limited | ₹13.46 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Synergy Business Solutions (India) Private Limited | ₹13.46 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Tanishkaa Advisory (India) Private Limited | ₹13.46 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Dhanori, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Excero Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Excero Services Private Limited
Excero Services Private Limited is audited by POTNURU AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| POTNURU AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Excero Services Private Limited
Excero Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasimmohmmadraza | Additional Director | 09 Oct 2019 | 7 Years 0 Months | Current |
| Srikanth Kumar Peddi Also directs: Sasya Infrastructure Private Limited | Director | 02 Feb 2024 | 2 Years 8 Months | Current |
| Phani Kumar Jetty | Director | 08 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Excero Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Excero Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2025 | Axis Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Excero Services Private Limited
Excero Services Private Limited has a workforce of 64 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Excero Services Private Limited
Excero Services has one previous CIN (Corporate Identification Number): U74999TG2016PTC111350. The current CIN is U74110TG2016PTC111350, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TG2016PTC111350 | Current |
| U74999TG2016PTC111350 | Previous |
Recent Activity on Excero Services Private Limited
Excero Services Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Srikanth Kumar Peddi ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Excero Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Excero Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Excero Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Excero Services Private Limited
Excero Services has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAOCA6970G1ZA | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Excero Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Excero Services Private Limited
Excero Services is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 August 2016 (10+ years old) and is registered under CIN U74110TG2016PTC111350.
Excero Services reported revenue of ₹13.5 Cr for FY 2024 (up 39% YoY).
Excero Services has 3 current directors:
- Kasimmohmmadraza - Additional Director
- Srikanth Kumar Peddi - Director
- Phani Kumar Jetty - Director
Excero Services reported a net profit of ₹48.97 Lakh (net margin 3.6%) and EBITDA of ₹90.5 Lakh (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Excero Services is 6% over three years and 24% over five years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Excero Services is 36AAOCA6970G1ZA, registered in Telangana. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Excero Services is U74110TG2016PTC111350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excero Services was incorporated on 08 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Excero Services by revenue are Zentek Infosoft Private Limited, C T Associates Private Limited, Inficare Software Technologies Private Limited, Vays Infotech Private Limited, Teekay Shipping (India) Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Srikanth Kumar Peddi ceased to be Additional Director on 29 Sep 2024. Srikanth Kumar Peddi was appointed as Director on 02 Feb 2024. Sri Venkata Rama Murthy Garnipudi ceased to be Director on 10 Oct 2019. Excero Services has 5 board changes on record in total.
Excero Services can be reached through the website excero.com. Its registered office is in Hyderabad, Telangana, India.