About Fronix Solutions Private Limited
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Fronix Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 15 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2018PTC124465.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ping Solutions Private Limited. It is led by directors Pallabothu Srinath and Pallabothu Dayakar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹76.4 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Lakh (net margin 3.8%) and EBITDA of ₹4.65 Lakh (EBITDA margin 6.1%).
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fronix Solutions.
For more details, the company can be reached via its website fronixsolutions.com.
Company details
Contact details
Fronix Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is fronixsolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No. 101 1st Floor Abhi'S Ganga Plot No. 15 Shilpi Valley Enclave Gafoornagar Madh, Apur, Hyderabad, Telangana, India – 500081
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Fronix Solutions Private Limited, buy the company report.
- 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
Brands
Fronix Solutions operates one associated brand: Fronix Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services including application development, AI, cyber security, and network solutions. | fronixsolutions.com |
Business activity
The main business activity of Fronix Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Fronix Solutions Private Limited, buy the company report.
Financials of Fronix Solutions Private Limited
FY 2021 filings availableFronix Solutions Private Limited reported revenue of ₹76.4 Lakh (up 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 65% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹4.65 Lakh | ||
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| Net Profit (PAT) | ₹2.93 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | 6.1% | ||
| Net Profit Margin | 3.8% | ||
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To see the full financial statements and ratios of Fronix Solutions Private Limited, buy the company report.
Board of directors of Fronix Solutions Private Limited
Fronix Solutions 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 |
|---|---|---|---|---|
| Pallabothu Srinath Also directs: Galactix Solutions Private Limited | Director | 15 May 2018 | 8 Years 5 Months | Current |
| Pallabothu Dayakar Also directs: Galactix Solutions Private Limited | Additional Director | 13 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Fronix Solutions Private Limited is audited by MANTRI MADAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANTRI MADAN & CO | FY 2020 | 008478S |
Shareholding
The shareholding of Fronix Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Fronix Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fronix 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 Fronix 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 Fronix Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fronix Solutions Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Dineshreddy Challa ceased to be Director on 20 Aug 2019.
Frequently asked questions
Fronix Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 15 May 2018 (8+ years old) and is registered under CIN U74900TG2018PTC124465.
Fronix Solutions has 2 current directors:
- Pallabothu Srinath - Director
- Pallabothu Dayakar - Additional Director
The latest financial statements of Fronix Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Fronix Solutions is U74900TG2018PTC124465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fronix Solutions was incorporated on 15 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Dineshreddy Challa ceased to be Director on 20 Aug 2019. Pallabothu Dayakar was appointed as Additional Director on 13 Feb 2019. Pallabothu Srinath was appointed as Director on 15 May 2018.
Fronix Solutions can be reached through the website fronixsolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Fronix Solutions is at Unit No. 101 1st Floor AbhiS Ganga Plot No. 15 Shilpi Valley Enclave Gafoornagar Madh, Apur, Hyderabad, Telangana, India – 500081.
Fronix Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Fronix Solutions has 1 associated brand: Fronix Solutions.