About Frugal Productservices LLP
Data last updated:
Frugal Productservices LLP is a limited liability partnership (LLP) based in Seri Lingampally, Telangana, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 13 February 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAF-7019. Its GSTIN is 36AAFFF3343L1ZC (Telangana).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Nirmala Kumari and Ved Parkash.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Seri Lingampally, Telangana.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.7 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹19.81 Lakh (net margin 11.6%) and EBITDA of ₹21.87 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 134% over five years.
The LLP is associated with 1 brand: Frugal Testing.
For more details, the LLP can be reached via its website frugaltesting.com.
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- Registered Address5th Floor 501C Psr Prime Towers Adjacent To DLF Cyber City, DLF Cyber City Indira Nagar Hyderabad, Seri Lingampally, Telangana, India – 500032
- 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
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Financials of Frugal Productservices LLP FY 2025 filings available
Frugal Productservices LLP reported revenue of ₹1.7 Cr (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Frugal Productservices LLP
Revenue has grown at a compounded annual rate (CAGR) of 134% over five years, including 6% growth in the latest year. EBITDA fell 13% 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 Frugal Productservices LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹19.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Frugal Productservices LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Frugal Productservices are in the company report.
Financial statements from FY 2016
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 Frugal Productservices LLP
Frugal Productservices LLP is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aviyel Technologies India Private Limited | •••• | •••• | •••• | •••• | 14 | Ernakulam, Kerala, India |
| TSQ Systems Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| MSV IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Genagents Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Avulzeconsulting Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Frugal Productservices LLP this company | •••• | •••• | •••• | •••• | - | Seri Lingampally, Telangana, India |
| Wisdom Infotech Private Limited | •••• | •••• | •••• | •••• | 13 | Chennai City Corporation, Tamil Nadu, India |
| Campuspro Technologies Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Reya Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sansy Technology Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Gayatri Comteklab Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Frugal Productservices by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Designated Partners of Frugal Productservices LLP
Frugal Productservices has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Kumari | Designated Partner | 13 Feb 2016 | 10 Years 7 Months | Current |
| Ved Parkash | Designated Partner | 13 Feb 2016 | 10 Years 7 Months | Current |
| Rupesh Kumar Garg | Designated Partner | 08 Nov 2023 | 2 Years 10 Months | Current |
| Bharti Rupesh Garg | Designated Partner | 08 Nov 2023 | 2 Years 10 Months | Current |
Charges & Borrowings of Frugal Productservices LLP
Frugal Productservices LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Frugal Productservices LLP
Frugal Productservices operates one associated brand: Frugal Testing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application load testing is provided through a comprehensive platform. | frugaltesting.com |
Employees and EPFO Compliance at Frugal Productservices LLP
Employment history and EPFO contributions of people linked to Frugal Productservices.
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.
Recent Activity on Frugal Productservices LLP
Frugal Productservices LLP has 4 designated partner changes on record since 2016: 4 appointments. The latest: Bharti Rupesh Garg was appointed as Designated Partner on 08 Nov 2023.
Credit Ratings, Litigation & Regulatory Alerts for Frugal Productservices LLP
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 Frugal Productservices LLP
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
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Subsidiaries & Group Companies of Frugal Productservices LLP
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 Frugal Productservices LLP
Frugal Productservices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFFF3343L1ZC | Telangana | Active | 15 Nov 2018 |
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 Frugal Productservices LLP
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 Frugal Productservices LLP
Frugal Productservices is an active limited liability partnership based in Seri Lingampally, Telangana, India. The LLP works in software development and support services, within the information technology industry. It was incorporated on 13 February 2016 (10+ years old) and is registered under LLPIN AAF-7019.
Frugal Productservices reported revenue of ₹1.7 Cr for FY 2023 (up 6% YoY).
Frugal Productservices has 4 current designated partners:
- Nirmala Kumari - Designated Partner
- Ved Parkash - Designated Partner
- Rupesh Kumar Garg - Designated Partner
- Bharti Rupesh Garg - Designated Partner
Frugal Productservices reported a net profit of ₹19.81 Lakh (net margin 11.6%) and EBITDA of ₹21.87 Lakh (EBITDA margin 12.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frugal Productservices is 36% over three years and 134% over five years. In the latest year (FY 2023) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Frugal Productservices is 36AAFFF3343L1ZC, registered in Telangana.
The LLPIN (Limited Liability Partnership Identification Number) of Frugal Productservices is AAF-7019. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Frugal Productservices was incorporated on 13 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Frugal Productservices by revenue are Aviyel Technologies India Private Limited, TSQ Systems Private Limited, MSV IT Solutions Private Limited, Genagents Technologies Private Limited, Avulzeconsulting Private Limited and 5 more, all in the Information Technology industry (Software Services).
Bharti Rupesh Garg was appointed as Designated Partner on 08 Nov 2023. Rupesh Kumar Garg was appointed as Designated Partner on 08 Nov 2023. Nirmala Kumari was appointed as Designated Partner on 13 Feb 2016. Frugal Productservices has 4 designated partner changes on record in total.
Yes, Frugal Productservices is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).