- Category
- Micro (2022-23)
- Udyam number
- UDYAM-AP-13-0019770

Formula Consultancy Services Private Limited
About Formula Consultancy Services Private Limited
Data last updated:
Formula Consultancy Services Private Limited is a private limited company based in Ongole, Andhra Pradesh, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 28 June 2022.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2022PTC122111.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satish Chaitanya Madisetty and Madisetty Prasada Rao.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7 – 226 – 12/2 Sujatha Nagar Revenue Ward No.34, Ongole, Andhra Pradesh, India – 523001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.55 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹6.75 Lakh (net margin 4.4%) and EBITDA of ₹9.46 Lakh (EBITDA margin 6.1%).
Formula Consultancy Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-13-0019770). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Formula Consultancy Services
Contact details
Formula Consultancy Services Private Limited's registered office is in Ongole, Andhra Pradesh.
- Registered Address7 – 226 – 12/2 Sujatha Nagar Revenue Ward No.34, Ongole, Andhra Pradesh, India – 523001
- 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 Formula Consultancy Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Formula Consultancy Services Private Limited, buy the company report.
Financials of Formula Consultancy Services Private Limited
FY 2025 filings availableFormula Consultancy Services Private Limited reported revenue of ₹1.55 Cr (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year. EBITDA fell 75% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Total Expenses | |||
| EBITDA | ₹9.46 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.75 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.1% | ||
| Net Profit Margin | 4.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Formula Consultancy Services Private Limited, buy the company report.
Board of directors of Formula Consultancy Services Private Limited
Formula Consultancy Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Chaitanya Madisetty Also directs: Rfortunate Consultancy Services Private Limited | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Madisetty Prasada Rao | Director | 28 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Formula Consultancy Services Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cbai Services Private Limited | ₹1.55 Cr (FY 2024) | 781.0% | Hyderabad, Telangana, India | |||
| M.E.B.I Horizon Softech Private Limited | ₹1.55 Cr (FY 2024) | -12.0% | Tirupati, Andhra Pradesh, India | |||
| SDS Surveyors and Engineers Private Limited | ₹1.55 Cr (FY 2025) | -3.0% | Pune, Maharashtra, India | |||
| Idan Media Works India Private Limtied | ₹1.55 Cr (FY 2015) | 290.0% | Coimbatore, Tamil Nadu, India | |||
| Formula Consultancy Services Private Limitedthis company | ₹1.55 Cr (FY 2025) | ₹6.75 Lakh | 4.4% | -75.0% | Ongole, Andhra Pradesh, India | |
| Emersia Technologies Private Limited | ₹1.55 Cr (FY 2024) | 25.0% | Baroli, Punjab, India | |||
| Greenfinch Motors Private Limited | ₹1.55 Cr (FY 2024) | -18.0% | Hyderabad, Telangana, India | |||
| Vision Speciality Coatings Private Limited | ₹1.55 Cr (FY 2019) | 47.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Formula Consultancy Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Formula Consultancy Services 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 Formula Consultancy Services 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 Formula Consultancy Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Formula Consultancy Services Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Satish Chaitanya Madisetty was appointed as Director on 16 Aug 2023.
Frequently asked questions
Formula Consultancy Services is an active private limited company based in Ongole, Andhra Pradesh, India. The company works in other services, within the business services industry. It was incorporated on 28 June 2022 (4+ years old) and is registered under CIN U74999AP2022PTC122111.
Formula Consultancy Services has 2 current directors:
- Satish Chaitanya Madisetty - Director
- Madisetty Prasada Rao - Director
The latest financial statements of Formula Consultancy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Formula Consultancy Services is U74999AP2022PTC122111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formula Consultancy Services was incorporated on 28 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Formula Consultancy Services by revenue are Cbai Services Private Limited, M.E.B.I Horizon Softech Private Limited, SDS Surveyors and Engineers Private Limited, Idan Media Works India Private Limtied, Emersia Technologies Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Satish Chaitanya Madisetty was appointed as Director on 16 Aug 2023. Yerramsetti Ananya Sai ceased to be Director on 16 Aug 2023. Madisetty Prasada Rao was appointed as Director on 28 Jun 2022.
Yes, Formula Consultancy Services is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-13-0019770).
The registered office of Formula Consultancy Services is at 7 – 226 – 122 Sujatha Nagar Revenue Ward No.34, Ongole, Andhra Pradesh, India – 523001.
Formula Consultancy Services operates in the business services industry, in the other services segment.
The compliance status of Formula Consultancy Services is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.

