About Practicevantage Private Limited
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Practicevantage Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC137962. Its GSTIN is 33AALCP4239L1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹54 Lakh. It is led by directors Kalaiarasan Balupillai and Kumarswamy Prasad.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.58 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹36.59 Lakh (net margin 6.6%) and EBITDA of ₹55.78 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 38 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 rights issue); the latest was in October 2020. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Abhtech.Com Private Limited with revenue of ₹5.59 Cr.
For more details, the company can be reached via its website practicevantage.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address8th Floor New No 70 Old No 108, Dr Radhakrishnan Salai, Chennai, Tamil Nadu, India – 600004
- 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 Practicevantage Private Limited
The main business activity of Practicevantage 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 Practicevantage Private Limited FY 2025 filings available
Practicevantage Private Limited reported revenue of ₹5.58 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Practicevantage Private Limited
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 55% 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 Practicevantage Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹55.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36.59 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 Practicevantage Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Practicevantage are in the company report.
Financial statements from FY 2021
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 Practicevantage Private Limited
Practicevantage Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Abhtech.Com Private Limited | ₹5.59 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Karnal, Haryana, India |
| Dataengine Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Pune, Maharashtra, India |
| Brightvision Technosoft Private Limited | ₹5.58 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Lexicon Infotech Limited | ₹5.58 Cr (FY 2022) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Ipexx Global India Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Practicevantage Private Limited this company | ₹5.58 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Chennai, Tamil Nadu, India |
| Veryx Technologies Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Chennai, Tamil Nadu, India |
| Tuna Software Solutions Private Limited | ₹5.58 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Ernakulam, Kerala, India |
| Devpixel Private Limited | ₹5.58 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | Hyderabad, Telangana, India |
| Hashtech Systems Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Walkerscott IT Consulting Services India Private Limited | ₹5.58 Cr (FY 2023) | •••• | •••• | 153.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Practicevantage by revenue in the same principal business activity (Computer programming, consultancy and related 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 Practicevantage Private Limited
Practicevantage Private Limited is audited by SANTHOSH JAYAMANOJ & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANTHOSH JAYAMANOJ & 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 Practicevantage Private Limited
Practicevantage has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalaiarasan Balupillai | Director | 06 Feb 2025 | 1 Years 8 Months | Current |
| Kumarswamy Prasad | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
Ownership and Shareholding of Practicevantage 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 Practicevantage Private Limited
Practicevantage Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Practicevantage Private Limited
Practicevantage Private Limited has 1 deal on record (1 rights issue); the latest was in October 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Rights issue | ₹53.9 Lakh | Investors: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Practicevantage Private Limited
Practicevantage Private Limited has a workforce of 38 employees as of Mar 31, 2024.
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 Practicevantage Private Limited
Practicevantage Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Kalaiarasan Balupillai was appointed as Director on 06 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Practicevantage 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 Practicevantage 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 Practicevantage 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 Practicevantage Private Limited
Practicevantage has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP4239L1Z3 | Tamil Nadu | Active | 26 Oct 2020 |
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 Practicevantage 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 Practicevantage Private Limited
Practicevantage is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 September 2020 (6+ years old) and is registered under CIN U72900TN2020PTC137962.
Practicevantage reported revenue of ₹5.58 Cr for FY 2025 (down 26% YoY).
Practicevantage has 2 current directors:
- Kalaiarasan Balupillai - Director
- Kumarswamy Prasad - Director
Practicevantage reported a net profit of ₹36.59 Lakh (net margin 6.6%) and EBITDA of ₹55.78 Lakh (EBITDA margin 10%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Practicevantage is 20% over three years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Practicevantage is 33AALCP4239L1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Practicevantage is U72900TN2020PTC137962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Practicevantage was incorporated on 15 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Practicevantage has 1 deal on record (1 rights issue); the latest was in October 2020.
The peers of Practicevantage by revenue are Abhtech.Com Private Limited, Dataengine Private Limited, Brightvision Technosoft Private Limited, Lexicon Infotech Limited, Ipexx Global India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kalaiarasan Balupillai was appointed as Director on 06 Feb 2025. Manivannan Balaji ceased to be Additional Director on 06 Feb 2025. Manivannan Balaji was appointed as Additional Director on 30 Apr 2024. Practicevantage has 8 board changes on record in total.