Palabras Private Limited - information technology in Patna, Bihar, India. FY 2026 financials & compliance.
CIN U22219BR2017PTC035017 Incorporated 03 July 2017 ROC Patna HQ Patna, Bihar, India
Active Private Limited Company information technology Startup India MSME · Micro
Data last updated
Revenue · FY 2022
₹32.07 Lakh
▲ 25% YoY
Net profit · FY 2022
₹45,068
Net margin 1.4%
EBITDA · FY 2022
₹90,019
EBITDA margin 2.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings

About Palabras Private Limited

Data last updated:

Palabras Private Limited is a private limited company based in Patna, Bihar, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Patna, under CIN U22219BR2017PTC035017. Its GSTIN is 10AAJCP2826P1Z8 (Bihar).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhishek Kumar and Ashutosh Kumar.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at E 130 P.C Colony Hanuman Nagar Kankarbagh, Patna, Bihar, India – 800020.

As per the financials filed for FY 2022, the company reported a revenue of ₹32.07 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹45,068 (net margin 1.4%) and EBITDA of ₹90,019 (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Classrankers.

Palabras Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-26-0005217). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U22219BR2017PTC035017
Registration Number 035017
Incorporation Date 03 July 2017
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-BR-26-0005217

Recognitions & Rankings of Palabras

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-BR-26-0005217

Contact details

Palabras Private Limited's registered office is in Patna, Bihar. Its e-mail address is in the company report.

  • Email
  • Registered Address
    E 130 P.C Colony Hanuman Nagar Kankarbagh, Patna, Bihar, India – 800020
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Palabras Private Limited, buy the company report.

Comprehensive company report
Palabras Private Limited - one report that includes everything
  • 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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Brands

Palabras operates one associated brand: Classrankers. Each brand links to its own profile.

BrandDescriptionWebsite
Offers free and premium study materials, videos, ebooks for school education.classrankers.com

Business activity

The main business activity of Palabras is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Palabras Private Limited, buy the company report.

Financials of Palabras Private Limited

FY 2023 filings available

Palabras Private Limited reported revenue of ₹32.07 Lakh (up 25% YoY) for FY 2022.

Revenue · FY 2022
₹32.07 Lakh ▲ 25%
Net profit · FY 2022
₹45,068 margin 1.4%
EBITDA · FY 2022
₹90,019 margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 25% growth in the latest year. EBITDA rose 107% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹32.07 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹90,019
Profit Before Tax
Tax Expense
Net Profit (PAT)₹45,068
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin2.8%
Net Profit Margin1.4%
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

To see the full financial statements and ratios of Palabras Private Limited, buy the company report.

Board of directors of Palabras Private Limited

Palabras has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhishek KumarDirector03 Jul 20179 Years 3 MonthsCurrent
Ashutosh KumarDirector03 Jul 20179 Years 3 MonthsCurrent

Auditor

Palabras Private Limited is audited by K S P M & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
K S P M & COFY 2018019013C

Shareholding

The shareholding of Palabras Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Palabras Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Palabras Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Palabras Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Palabras has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
10AAJCP2826P1Z8BiharActive12 Dec 2017

To see the full GST registrations and return filing status of Palabras Private Limited, buy the company report.

Recent activity

Palabras Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Amit Kumar Sharma ceased to be Whole-Time Director on 05 Mar 2022.

AGM
Palabras Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Palabras Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.
Ceased
Amit Kumar Sharma ceased to be Whole-Time Director.
Appointed
Abhishek Kumar was appointed as Director.
Appointed
Ashutosh Kumar was appointed as Director.
Incorporation
03 Jul 2017
Palabras Private Limited was registered on 03 Jul 2017 with Roc Patna & aged 9 years 3 months as per MCA records.

Frequently asked questions

Palabras is an active private limited company based in Patna, Bihar, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 July 2017 (9+ years old) and is registered under CIN U22219BR2017PTC035017.

Palabras has 2 current directors:

The latest financial statements of Palabras on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Palabras is 10AAJCP2826P1Z8, registered in Bihar.

The CIN (Corporate Identification Number) of Palabras is U22219BR2017PTC035017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palabras was incorporated on 03 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Patna.

Amit Kumar Sharma ceased to be Whole-Time Director on 05 Mar 2022. Abhishek Kumar was appointed as Director on 03 Jul 2017. Ashutosh Kumar was appointed as Director on 03 Jul 2017.

Yes, Palabras is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Palabras is registered as a micro enterprise under Udyam registration (number: UDYAM-BR-26-0005217).

The registered office of Palabras is at E 130 P.C Colony Hanuman Nagar Kankarbagh, Patna, Bihar, India – 800020.