Practico Business Solutions Private Limited
About Practico Business Solutions Private Limited
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Practico Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 15 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2021PTC149530. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Satheesh Talapalli and Nagaroopa Thalapalli.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 409 Parns Habitet Doddanekkundi K.R.Puram, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.84 Lakh. For the same year it recorded a net profit of ₹29,154 (net margin 10.3%) and EBITDA of ₹61,133 (EBITDA margin 21.6%).
Company details
Contact details
Practico Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressB – 409 Parns Habitet Doddanekkundi K.R.Puram, Bangalore, Karnataka, India – 560037
- IndustryBusiness Services, Miscellaneous Business Activities
To see the full contact details of Practico Business 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 Practico Business Solutions is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Practico Business Solutions Private Limited, buy the company report.
Financials of Practico Business Solutions Private Limited
FY 2022 filings availablePractico Business Solutions Private Limited reported revenue of ₹2.84 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.84 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹61,133 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹29,154 |
| 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 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | 21.6% |
| Net Profit Margin | 10.3% |
| 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 | |
To see the full financial statements and ratios of Practico Business Solutions Private Limited, buy the company report.
Board of directors of Practico Business Solutions Private Limited
Practico Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satheesh Talapalli | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Nagaroopa Thalapalli | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Practico Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Upquest Communications Private Limited | ₹2.87 Lakh (FY 2020) | New Delhi, Delhi, India | ||||
| Bassein Education Private Limited | ₹2.86 Lakh (FY 2024) | -46.0% | Vasai West, Maharashtra, India | |||
| Koandigital Solutions Private Limited | ₹2.86 Lakh (FY 2016) | -89.0% | Bangalore, Karnataka, India | |||
| Innolight Lifestyle Solutions Private Limited | ₹2.84 Lakh (FY 2025) | 1521.0% | Jalandhar, Punjab, India | |||
| Genuinerobotics Private Limited | ₹2.84 Lakh (FY 2024) | -42.0% | Chennai, Tamil Nadu, India | |||
| Practico Business Solutions Private Limitedthis company | ₹2.84 Lakh (FY 2022) | ₹29,154 | 10.3% | Bangalore, Karnataka, India | ||
| La Rokda Exim Pvt.Ltd. | ₹2.81 Lakh (FY 2025) | 45.0% | Kolkata, West Bengal, India | |||
| Makarois Technology and Services Private Limited | ₹2.79 Lakh (FY 2018) | Surat, Gujarat, India | ||||
| VJ Cross Roads Exports Private Limited | ₹2.77 Lakh (FY 2021) | -95.0% | Bangalore, Karnataka, India | |||
| Vcatalyze Solutions Private Limited | ₹2.75 Lakh (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| Call Me Information Services Private Limited | ₹2.64 Lakh (FY 2023) | 57.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Practico Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Practico Business 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 Practico Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Practico Business Solutions Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Practico Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Practico Business Solutions Private Limited, buy the company report.
Recent activity
Practico Business Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nagaroopa Thalapalli was appointed as Director on 15 Jul 2021.
Frequently asked questions
Practico Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 15 July 2021 (5+ years old) and is registered under CIN U74910KA2021PTC149530.
Practico Business Solutions has 2 current directors:
- Satheesh Talapalli - Director
- Nagaroopa Thalapalli - Director
The latest financial statements of Practico Business Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2022 are in the company report.
No. Practico Business Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Practico Business Solutions is U74910KA2021PTC149530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Practico Business Solutions was incorporated on 15 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Practico Business Solutions by revenue are Upquest Communications Private Limited, Bassein Education Private Limited, Koandigital Solutions Private Limited, Innolight Lifestyle Solutions Private Limited, Genuinerobotics Private Limited and 5 more, all in the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.).
Nagaroopa Thalapalli was appointed as Director on 15 Jul 2021. Satheesh Talapalli was appointed as Director on 15 Jul 2021.
The registered office of Practico Business Solutions is at B – 409 Parns Habitet Doddanekkundi K.R.Puram, Bangalore, Karnataka, India – 560037.
Practico Business Solutions operates in the business services industry, in the miscellaneous business activities segment.
Practico Business Solutions can be reached at its registered office: B – 409 Parns Habitet Doddanekkundi K.R.Puram, Bangalore, Karnataka, India – 560037.