
Palabras Private Limited
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
Recognitions & Rankings of Palabras
- 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 AddressE 130 P.C Colony Hanuman Nagar Kankarbagh, Patna, Bihar, India – 800020
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Palabras 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
Palabras operates one associated brand: Classrankers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing 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 availablePalabras Private Limited reported revenue of ₹32.07 Lakh (up 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.4% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Kumar | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
| Ashutosh Kumar | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Palabras Private Limited is audited by K S P M & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S P M & CO | FY 2018 | 019013C |
Shareholding
The shareholding of Palabras Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Palabras Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palabras 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 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.
GST
Palabras has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAJCP2826P1Z8 | Bihar | Active | 12 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.
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:
- Abhishek Kumar - Director
- Ashutosh Kumar - Director
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.