Potru IT Solutions Private Limited
About Potru IT Solutions Private Limited
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Potru IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 09 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC135957. Its GSTIN is 36AAKCP8081H1ZZ (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veerendranadh Potru (Managing Director) and Srinivasarao Gorantla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F. No 401 Sri Balaji Bliss At Plot No 48 49 And 5 Survey No 76 77 78 86 87 Madinaguda, Hyderabad, Telangana, India – 500049.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.64 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹72,303 (net margin -1.5%) and EBITDA of ₹1.17 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
Company details
Contact details
Potru IT Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressF. No 401 Sri Balaji Bliss At Plot No 48 49 And 5 Survey No 76 77 78 86 87 Madinaguda, Hyderabad, Telangana, India – 500049
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Potru IT 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
Business activity
The main business activity of Potru IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Potru IT Solutions Private Limited, buy the company report.
Financials of Potru IT Solutions Private Limited
FY 2024 filings availablePotru IT Solutions Private Limited reported revenue of ₹49.64 Lakh (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 57% fall in the latest year. EBITDA fell 89% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.17 Lakh | ||||
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| Net Profit (PAT) | -₹72,303 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | -1.5% | ||||
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To see the full financial statements and ratios of Potru IT Solutions Private Limited, buy the company report.
Board of directors of Potru IT Solutions Private Limited
Potru IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasarao Gorantla | Additional Director | 06 Dec 2022 | 3 Years 10 Months | Current |
| Veerendranadh Potru | Managing Director | 09 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Potru IT Solutions Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SVD Digital Networks Private Limited | ₹49.67 Lakh (FY 2025) | 899.0% | New Delhi, Delhi, India | |||
| Trans Continental Certifications Private Limited | ₹49.65 Lakh (FY 2025) | 10.0% | Panchkula, Haryana, India | |||
| Potru IT Solutions Private Limitedthis company | ₹49.64 Lakh (FY 2024) | -₹72,303 | -1.5% | -57.0% | Hyderabad, Telangana, India | |
| Oct Infotech Private Limited | ₹49.59 Lakh (FY 2025) | 121.0% | Hyderabad, Telangana, India | |||
| BKC Valuers Private Limited | ₹49.59 Lakh (FY 2024) | 46.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Potru IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Potru IT 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 Potru IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Potru IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCP8081H1ZZ | Telangana | Active | 24 Oct 2019 |
To see the full GST registrations and return filing status of Potru IT Solutions Private Limited, buy the company report.
Recent activity
Potru IT Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Anjana Devi Gorantla ceased to be Director on 06 Dec 2022.
Frequently asked questions
Potru IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 09 October 2019 (7+ years old) and is registered under CIN U72900TG2019PTC135957.
Potru IT Solutions has 2 current directors:
- Veerendranadh Potru - Managing Director
- Srinivasarao Gorantla - Additional Director
The latest financial statements of Potru IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Potru IT Solutions is 36AAKCP8081H1ZZ, registered in Telangana.
The CIN (Corporate Identification Number) of Potru IT Solutions is U72900TG2019PTC135957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Potru IT Solutions was incorporated on 09 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Potru IT Solutions by revenue are SVD Digital Networks Private Limited, Trans Continental Certifications Private Limited, Oct Infotech Private Limited, BKC Valuers Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Anjana Devi Gorantla ceased to be Director on 06 Dec 2022. Srinivasarao Gorantla was appointed as Additional Director on 06 Dec 2022. Veerendranadh Potru was appointed as Managing Director on 09 Oct 2019.
The registered office of Potru IT Solutions is at F. No 401 Sri Balaji Bliss At Plot No 48 49 And 5 Survey No 76 77 78 86 87 Madinaguda, Hyderabad, Telangana, India – 500049.
Potru IT Solutions operates in the information technology industry, in the other computer related activities segment.
Potru IT Solutions can be reached at its registered office: F. No 401 Sri Balaji Bliss At Plot No 48 49 And 5 Survey No 76 77 78 86 87 Madinaguda, Hyderabad, Telangana, India – 500049.