Plato Tech Services Private Limited

Plato Tech Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72400KA2013PTC072458 Incorporated 11 December 2013 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹3.51 Cr
▲ 11% YoY
Net profit · FY 2020
₹29.57 Lakh
Net margin 8.4%
EBITDA · FY 2020
₹40.11 Lakh
EBITDA margin 11.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
10
Provident fund records
Directors on board
3
As per MCA filings

About Plato Tech Services Private Limited

Data last updated:

Plato Tech Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Plato Technologies Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 December 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2013PTC072458. Its GSTIN is 29AAHCP5152A1ZL (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Plato Bpm Services Private Limited. It is led by directors including Jithin and Subramanya Prasad Alanghat.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.13 Alanghat House 1st 'A' Cross 3rd Stage Agb Layout Mahalakshmipuram, Bangalore, Karnataka, India – 560086.

As per the financials filed for FY 2020, the company reported a revenue of ₹3.51 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹29.57 Lakh (net margin 8.4%) and EBITDA of ₹40.11 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 30% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Plato Technologies.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platotechinc.com.

Company Details of Plato Tech Services Private Limited
CIN U72400KA2013PTC072458
Registration Number 072458
Incorporation Date 11 December 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Plato Technologies Inc
Compliance Status Active Compliant
Key People
Subramanya Prasad Alanghat Additional Director Jithin Director Balarajagoud Sukka Additional Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    platotechinc.com
  • Social Media
    Locked
  • Registered Address
    No.13 Alanghat House 1st 'A' Cross 3rd Stage Agb Layout Mahalakshmipuram, Bangalore, Karnataka, India – 560086
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Plato Tech Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Plato Tech Services Private Limited

Plato Tech Services operates one associated brand: Plato Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Plato Technologies
Offers integrated engineering, construction, and asset management for home renovations.platotechinc.com

Competitors & Alternatives of Plato Tech Services Private Limited

Brands and companies operating in the same space as Plato Tech Services Private Limited include Randstad, Alera Group, UKG and 6 more.

CompetitorDescriptionLocationFounded
Randstad Randstad HR consulting, recruitment, and outsourcing services are offered worldwide.Diemen, Netherlands1960
Alera Group Alera Group HR, insurance, and liability services are provided by Alera Group.Deerfield, United States1995
UKG UKG Provider of HR and payroll & workforce management solutionsWeston, United States1977
Wanted Wanted HR management services are provided by Wanted in South Korea.Seoul, South Korea2015
Bullhorn Bullhorn Cloud-based ATS and CRM systems are offered for staffing agencies.Boston, United States1999
ADP ADP Cloud-based HR management solutions are offered for payroll and compliance.Roseland, United States1949
Insperity Insperity HR outsourcing services are provided to businesses by Insperity.Kingwood, United States1986
HR Path HR Path HR and payroll outsourcing plus consulting services are provided.Nanterre, France2001
Visier Visier Cloud-based workforce analytics and planning software is offered.Vancouver, Canada2010

Business Activity of Plato Tech Services Private Limited

The main business activity of Plato Tech Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Plato Tech Services Private Limited

Plato Tech Services Private Limited is audited by A R P & ASSOCIATES for the financial year 2020.

NameStatusAppointment DateCessation Date
A R P & ASSOCIATESLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Plato Tech Services Private Limited

Plato Tech Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Subramanya Prasad AlanghatAdditional Director06 Dec 20169 Years 10 MonthsCurrent
JithinDirector25 Oct 20187 Years 11 MonthsCurrent
Balarajagoud SukkaAdditional Director21 Jul 20179 Years 2 MonthsCurrent
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Financials of Plato Tech Services Private Limited FY 2020 filings available

Plato Tech Services Private Limited reported revenue of ₹3.51 Cr (up 11% YoY) for FY 2020.

Revenue · FY 2020
₹3.51 Cr ▲ 11%
Net profit · FY 2020
₹29.57 Lakh margin 8.4%
EBITDA · FY 2020
₹40.11 Lakh margin 11.4%

Compounded Annual Growth Rate (CAGR) of Plato Tech Services Private Limited

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 27%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 454%
3 years · compounded
▲ 40%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 11% growth in the latest year. EBITDA rose 454% 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 Plato Tech Services Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹3.51 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹40.11 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹29.57 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 Plato Tech Services Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin11.4%••••••••••••••••
Net Profit Margin8.4%••••••••••••••••
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••••••••••••••••••••

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 Plato Tech Services are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Plato Tech Services Private Limited

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Charges & Borrowings of Plato Tech Services Private Limited

Plato Tech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Plato Tech Services Private Limited

Plato Tech Services Private Limited has a workforce of 10 employees as of Mar 28, 2024.

Employee count
10
Active EPFO establishments
1
Employee growth
-47.37%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Plato Tech Services Private Limited

Plato Tech Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCP5152A1ZLKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Plato Tech Services Private Limited

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MSME Payment Delays by Plato Tech Services Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Plato Tech Services Private Limited

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Corporate group structure

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MCA Filings & Documents of Plato Tech Services Private Limited

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MCA filings and documents

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Recent Activity on Plato Tech Services Private Limited

Activity
31 Dec 2020
Plato Tech Services Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Activity
31 Mar 2020
Plato Tech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Directors
25 Oct 2018
Jithin was appointed as a Director on 25 Oct 2018 & has been associated with this company since 7 years 11 months.
Directors
21 Jul 2017
Balarajagoud Sukka was appointed as a Additional Director on 21 Jul 2017 & has been associated with this company since 9 years 2 months.
Directors
06 Dec 2016
Subramanya Prasad Alanghat was appointed as a Additional Director on 06 Dec 2016 & has been associated with this company since 9 years 10 months.
Activity
11 Dec 2013
Plato Tech Services Private Limited was registered on 11 Dec 2013 with Roc Bangalore & aged 12 years 9 months as per MCA records.

Frequently Asked Questions about Plato Tech Services Private Limited

Plato Tech Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 December 2013 (13+ years old) and is registered under CIN U72400KA2013PTC072458.

Plato Tech Services reported revenue of ₹3.51 Cr for FY 2020 (up 11% YoY).

Plato Tech Services has 3 current directors:

Plato Tech Services reported a net profit of ₹29.57 Lakh (net margin 8.4%) and EBITDA of ₹40.11 Lakh (EBITDA margin 11.4%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Plato Tech Services is 27% over three years and 30% over five years. In the latest year (FY 2020) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Plato Tech Services is 29AAHCP5152A1ZL, registered in Karnataka.

The CIN (Corporate Identification Number) of Plato Tech Services is U72400KA2013PTC072458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Plato Tech Services was incorporated on 11 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Plato Tech Services can be reached through the website platotechinc.com. Its registered office is in Bangalore, Karnataka, India.

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