Piccosoft Software Labs India Private Limited
About Piccosoft Software Labs India Private Limited
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Piccosoft Software Labs India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC111604. Its GSTIN is 33AAICP7116R2ZV (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharathi and Sekar Suresh.
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 No F3 Ranga Flats Bharathiyar Street Nehru Nager, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.74 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.81 Lakh (net margin 2.2%) and EBITDA of ₹15.52 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 80% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo F3 Ranga Flats Bharathiyar Street Nehru Nager, Chennai, Tamil Nadu, India – 600044
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Business Activity of Piccosoft Software Labs India Private Limited
The main business activity of Piccosoft Software Labs India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Piccosoft Software Labs India Private Limited FY 2022 filings available
Piccosoft Software Labs India Private Limited reported revenue of ₹1.74 Cr (up 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Piccosoft Software Labs India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 13% growth in the latest year. EBITDA rose 45% 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 Piccosoft Software Labs India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.74 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.81 Lakh | •••• | •••• | •••• | •••• |
| 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 of Piccosoft Software Labs India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Piccosoft Software Labs India are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharathi Also directs: Spurtcommerce Esolutions Private Limited | Director | 22 Jul 2016 | 10 Years 2 Months | Current |
| Sekar Suresh | Director | 22 Jul 2016 | 10 Years 2 Months | Current |
Peer Comparison of Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mishika Consultancy Services (OPC) Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Noida, Uttar Pradesh, India |
| Nanolitho Technologies Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| SCC Consulting India Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Delhi, India |
| Axo Elevators Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Ajaayu Trading and Consultancy Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 279.0% | •••• | Mumbai, Maharashtra, India |
| Piccosoft Software Labs India Private Limited this company | ₹1.74 Cr (FY 2022) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Myrong Berong Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Pentafox Technologies Private Limited | ₹1.74 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Erode, Tamil Nadu, India |
| Mehogani Interiors and Furnishers Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Hooghly, West Bengal, India |
| Environ Project & Consultancy Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | Gandhinagar, Gujarat, India |
| Sarthak Technocrat Private Limited | ₹1.74 Cr (FY 2024) | •••• | •••• | 98.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Piccosoft Software Labs India by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India Private Limited is audited by PALANISAMY & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PALANISAMY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Piccosoft Software Labs India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India Private Limited has a workforce of 55 employees as of Aug 06, 2025.
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 Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Bharathi was appointed as Director on 22 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Piccosoft Software Labs India Private Limited
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 Piccosoft Software Labs India Private Limited
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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Piccosoft Software Labs India Private Limited
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 Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICP7116R2ZV | Tamil Nadu | Active | 06 Sep 2017 |
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 Piccosoft Software Labs India Private Limited
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 Piccosoft Software Labs India Private Limited
Piccosoft Software Labs India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 July 2016 (10+ years old) and is registered under CIN U72900TN2016PTC111604.
Piccosoft Software Labs India reported revenue of ₹1.74 Cr for FY 2022 (up 13% YoY).
Piccosoft Software Labs India has 2 current directors:
- Bharathi - Director
- Sekar Suresh - Director
Piccosoft Software Labs India reported a net profit of ₹3.81 Lakh (net margin 2.2%) and EBITDA of ₹15.52 Lakh (EBITDA margin 8.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Piccosoft Software Labs India is 36% over three years and 80% over five years. In the latest year (FY 2022) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Piccosoft Software Labs India is 33AAICP7116R2ZV, registered in Tamil Nadu. 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 Piccosoft Software Labs India is U72900TN2016PTC111604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piccosoft Software Labs India was incorporated on 22 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Piccosoft Software Labs India by revenue are Mishika Consultancy Services (OPC) Private Limited, Nanolitho Technologies Private Limited, SCC Consulting India Private Limited, Axo Elevators Private Limited, Ajaayu Trading and Consultancy Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Bharathi was appointed as Director on 22 Jul 2016. Sekar Suresh was appointed as Director on 22 Jul 2016.
The registered office of Piccosoft Software Labs India is at No F3 Ranga Flats Bharathiyar Street Nehru Nager, Chennai, Tamil Nadu, India – 600044.