About Platys Solutions Private Limited
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Platys Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72300MH2010PTC199176. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.83 Lakh. It is led by directors including Mohan Erg Nair and Narendra Singh Plaha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at K – 4 Bharat Nagar Amravati Road, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2020, the company reported a revenue of ₹34.75 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹5.53 Lakh (net margin -15.9%) and EBITDA of -₹5.3 Lakh (EBITDA margin -15.2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Platys Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platysgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressK – 4 Bharat Nagar Amravati Road, Nagpur, Maharashtra, India – 440001
- 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
Associated Brands
Platys Solutions operates one associated brand: Platys Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of software solutions and services. | platysgroup.com |
Financials of Platys Solutions Private Limited
FY 2021 filings availablePlatys Solutions Private Limited reported revenue of ₹34.75 Lakh (up 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. 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 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹34.75 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹5.3 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹5.53 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
| Metrics | FY 2019-20 | FY 2015-16 to FY 2018-19in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -15.2% | |
| Net Profit Margin | -15.9% | |
| 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, and every line for FY 2015-16 to FY 2018-19, 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 Platys 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
Board of Directors of Platys Solutions Private Limited
Platys Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Erg Nair | Director | 21 Jan 2010 | 16 Years 9 Months | Current |
| Narendra Singh Plaha | Director | 02 Jan 2012 | 14 Years 9 Months | Current |
| Manoj Nair | Director | 22 Apr 2011 | 15 Years 6 Months | Current |
Auditor Details
Platys Solutions Private Limited is audited by C R SAGDEO & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C R SAGDEO & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Platys Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Platys Solutions Private Limited has a workforce of 1 employees as of Mar 31, 2024.
: available in the company report
Recent Activity
Platys Solutions Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Narendra Singh Plaha ceased to be Additional Director on 28 Aug 2012.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Platys Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Platys Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 January 2010 (16+ years old) and is registered under CIN U72300MH2010PTC199176.
Platys Solutions has 3 current directors:
- Mohan Erg Nair - Director
- Narendra Singh Plaha - Director
- Manoj Nair - Director
The latest financial statements of Platys Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Platys Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Platys Solutions is U72300MH2010PTC199176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platys Solutions was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Nagpur.
Narendra Singh Plaha ceased to be Additional Director on 28 Aug 2012. Narendra Singh Plaha was appointed as Director on 02 Jan 2012. Manoj Nair ceased to be Additional Director on 06 Sep 2011. Platys Solutions has 7 board changes on record in total.
Platys Solutions can be reached through the website platysgroup.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Platys Solutions is at K – 4 Bharat Nagar Amravati Road, Nagpur, Maharashtra, India – 440001.
Platys Solutions operates in the information technology industry, in the IT consulting and support services segment.