About Phitany Business Solutions Private Limited
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Phitany Business Solutions Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 24 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2012PTC030603. Its GSTIN is 32AAGCP4889F2Z6 (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Dane Marangattu George and George Daniel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Door No – 40/242 Veeyem Towers M K Nair Road Palarivattom, Kochi, Kerala, India – 682025.
As per the financials filed for FY 2022, the company reported a revenue of ₹48.48 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Lakh (net margin -2.2%) and EBITDA of -₹16,621 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 24% over five years.
The company is associated with 1 brand: Phitany Business Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phitany.com.
Company details
Contact details
Phitany Business Solutions Private Limited's registered office is in Kochi, Kerala. Its website is phitany.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No – 40/242 Veeyem Towers M K Nair Road Palarivattom, Kochi, Kerala, India – 682025
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Phitany Business 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
Phitany Business Solutions operates one associated brand: Phitany Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers website development and digital marketing services to boost online presence. | phitany.com |
Business activity
The main business activity of Phitany Business Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Phitany Business Solutions Private Limited, buy the company report.
Financials of Phitany Business Solutions Private Limited
FY 2022 filings availablePhitany Business Solutions Private Limited reported revenue of ₹48.48 Lakh (up 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 14% growth in the latest year. EBITDA fell 108% 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
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| EBITDA | -₹16,621 | ||||
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| Net Profit (PAT) | -₹1.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -2.2% | ||||
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To see the full financial statements and ratios of Phitany Business Solutions Private Limited, buy the company report.
Board of directors of Phitany Business Solutions Private Limited
Phitany Business Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dane Marangattu George Also directs: PBS Innovation and Digital Hub Private Limited | Director | 24 Jan 2015 | 11 Years 9 Months | Current |
| George Daniel | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
Auditor
Phitany Business Solutions Private Limited is audited by G SREEKUMAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G SREEKUMAR & ASSOCIATES | FY 2020 | 018216S |
Shareholding
The shareholding of Phitany Business Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Phitany Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Phitany Business 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 Phitany Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Phitany Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCP4889F2Z6 | Kerala | Active | 19 Sep 2017 |
To see the full GST registrations and return filing status of Phitany Business Solutions Private Limited, buy the company report.
Recent activity
Phitany Business Solutions Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Sandeep Sasikumar ceased to be Director on 01 Jul 2015.
Frequently asked questions
Phitany Business Solutions is an active private limited company based in Kochi, Kerala, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 24 February 2012 (14+ years old) and is registered under CIN U72200KL2012PTC030603.
Phitany Business Solutions has 2 current directors:
- Dane Marangattu George - Director
- George Daniel - Director
The latest financial statements of Phitany Business Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Phitany Business Solutions is 32AAGCP4889F2Z6, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Phitany Business Solutions is U72200KL2012PTC030603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phitany Business Solutions was incorporated on 24 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
Sandeep Sasikumar ceased to be Director on 01 Jul 2015. George Daniel was appointed as Director on 29 Apr 2015. Cinideep Sasikumar ceased to be Director on 08 Apr 2015. Phitany Business Solutions has 5 board changes on record in total.
Phitany Business Solutions can be reached through the website phitany.com. Its registered office is in Kochi, Kerala, India.
The registered office of Phitany Business Solutions is at Door No – 40242 Veeyem Towers M K Nair Road Palarivattom, Kochi, Kerala, India – 682025.
Phitany Business Solutions operates in the information technology industry, in the web design and maintenance services segment.