Pinnacle Business Application Solutions Private Limited
About Pinnacle Business Application Solutions Private Limited
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Pinnacle Business Application Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2007PTC053029.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gowri Vara Prasad Appalabattula and Shilpa Applabattula.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at D.No. 55 – 7 – 24 Sanjay Gandhi Colony Old Venkojipalem, Visakhapatnam, Andhra Pradesh, India – 530022.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.15 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹3,284 (net margin -0.6%) and EBITDA of -₹2,676 (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressD.No. 55 – 7 – 24 Sanjay Gandhi Colony Old Venkojipalem, Visakhapatnam, Andhra Pradesh, India – 530022
- IndustryInformation Technology, IT Consulting & 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
- One PDF report, delivered after checkout
Business Activity of Pinnacle Business Application Solutions Private Limited
The main business activity of Pinnacle Business Application Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Pinnacle Business Application Solutions Private Limited FY 2018 filings available
Pinnacle Business Application Solutions Private Limited reported revenue of ₹5.15 Lakh (down 6% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Pinnacle Business Application Solutions Private Limited
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 163% 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 Pinnacle Business Application Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹5.15 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹2,676 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3,284 | •••• | •••• | •••• |
| 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 Pinnacle Business Application Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.5% | •••• | •••• | •••• |
| Net Profit Margin | -0.6% | •••• | •••• | •••• |
| 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 Pinnacle Business Application Solutions are in the company report.
Financial statements from 2015
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 Pinnacle Business Application Solutions Private Limited
Pinnacle Business Application Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biztact Solutions Private Limited | ₹5.22 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Tricom Infotech (India) Private Limited | ₹5.2 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Togol.Com Pvt Ltd | ₹5.19 Lakh (FY 2022) | •••• | •••• | -40.0% | •••• | Kolkata, West Bengal, India |
| Riemind Technologies Private Limited | ₹5.19 Lakh (FY 2022) | •••• | •••• | •••• | Nepalapur, Uttar Pradesh, India | |
| Zylxy Technologies Private Limited | ₹5.17 Lakh (FY 2024) | •••• | •••• | 61.0% | •••• | Bangalore, Karnataka, India |
| Pinnacle Business Application Solutions Private Limited this company | ₹5.15 Lakh (FY 2018) | •••• | •••• | -6.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Indix Internet India Private Limited | ₹5.15 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Windowseat Technologies Private Limited | ₹5.12 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| B.L.R. Softech Private Limited | ₹5.12 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Techminds IT Services Private Limited | ₹5.11 Lakh (FY 2019) | •••• | •••• | 52.0% | •••• | Warangal, Telangana, India |
| Hubdigitech (OPC) Private Limited | ₹5.11 Lakh (FY 2019) | •••• | •••• | 83.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Pinnacle Business Application Solutions by revenue in the Information Technology industry (IT Consulting and Services), 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 Pinnacle Business Application Solutions Private Limited
Pinnacle Business Application Solutions Private Limited is audited by DANDAMUDI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DANDAMUDI & 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.
Board of Directors of Pinnacle Business Application Solutions Private Limited
Pinnacle Business Application Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowri Vara Prasad Appalabattula | Director | 05 Oct 2011 | 15 Years 0 Months | Current |
| Shilpa Applabattula | Director | 10 Dec 2014 | 11 Years 10 Months | Current |
Ownership and Shareholding of Pinnacle Business Application Solutions 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 Pinnacle Business Application Solutions Private Limited
Pinnacle Business Application Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pinnacle Business Application Solutions Private Limited
Employment history and EPFO contributions of people linked to Pinnacle Business Application Solutions.
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 Pinnacle Business Application Solutions Private Limited
Pinnacle Business Application Solutions Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Nagalakshmi Panchakarla ceased to be Director on 14 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Pinnacle Business Application Solutions 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 Pinnacle Business Application Solutions 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 Pinnacle Business Application Solutions 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 Pinnacle Business Application Solutions Private Limited
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 Pinnacle Business Application Solutions 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 Pinnacle Business Application Solutions Private Limited
Pinnacle Business Application Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 March 2007 (19+ years old) and is registered under CIN U72200AP2007PTC053029.
Pinnacle Business Application Solutions reported revenue of ₹5.15 Lakh for FY 2018 (down 6% YoY).
Pinnacle Business Application Solutions has 2 current directors:
- Gowri Vara Prasad Appalabattula - Director
- Shilpa Applabattula - Director
Pinnacle Business Application Solutions reported a net loss of ₹3,284 (net margin -0.6%) and EBITDA of -₹2,676 (EBITDA margin -0.5%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pinnacle Business Application Solutions is 23% over three years. In the latest year (FY 2018) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Pinnacle Business Application Solutions is U72200AP2007PTC053029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pinnacle Business Application Solutions was incorporated on 05 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Pinnacle Business Application Solutions by revenue are Biztact Solutions Private Limited, Tricom Infotech (India) Private Limited, Togol.Com Pvt Ltd, Riemind Technologies Private Limited, Zylxy Technologies Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Nagalakshmi Panchakarla ceased to be Director on 14 Jun 2016. Veerabhadra Rao Panchakarla ceased to be Director on 14 Jun 2016. Shilpa Applabattula was appointed as Director on 10 Dec 2014. Pinnacle Business Application Solutions has 6 board changes on record in total.
The registered office of Pinnacle Business Application Solutions is at D.No. 55 – 7 – 24 Sanjay Gandhi Colony Old Venkojipalem, Visakhapatnam, Andhra Pradesh, India – 530022.
Pinnacle Business Application Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.