Praise Communications Private Limited
About Praise Communications Private Limited
Data last updated:
Praise Communications Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 11 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74300DL2008PTC175126.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Saramma Rappai and Ambazhakadan Devassy Rappai.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 105 Raksha Vikas Market Dda Commercial Complex Vikaspuri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.84 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.22 Lakh (net margin 1.6%) and EBITDA of ₹36.18 Lakh (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹2.77 Cr and satisfied charges of ₹60 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Praise Communications Private Limited's registered office is in New Delhi, Delhi.
- Registered Address105 Raksha Vikas Market Dda Commercial Complex Vikaspuri, New Delhi, Delhi, India – 110018
- IndustryMedia and Publishing, Advertising Agencies & Media 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
Business activity
The main business activity of Praise Communications is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Praise Communications Private Limited, buy the company report.
Financials of Praise Communications Private Limited
FY 2018 filings availablePraise Communications Private Limited reported revenue of ₹3.84 Cr (down 11% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 11% fall in the latest year. EBITDA fell 9% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹36.18 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6.22 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.4% | |||
| Net Profit Margin | 1.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Praise Communications Private Limited, buy the company report.
Board of directors of Praise Communications Private Limited
Praise Communications has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saramma Rappai | Director | 11 Mar 2008 | 18 Years 7 Months | Current |
| Ambazhakadan Devassy Rappai | Director | 11 Mar 2008 | 18 Years 7 Months | Current |
Peer comparison
Praise Communications Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies, Communications), with the same principal business activity (advertising and market research), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GK Advertising Private Limited | ₹3.85 Cr (FY 2024) | 41.0% | New Delhi, Delhi, India | |||
| Grouppal India Private Limited | ₹3.84 Cr (FY 2024) | -15.0% | Coimbatore, Tamil Nadu, India | |||
| Praise Communications Private Limitedthis company | ₹3.84 Cr (FY 2018) | ₹6.22 Lakh | 1.6% | -11.0% | New Delhi, Delhi, India | |
| Escribuniq Technology Private Limited | ₹3.83 Cr (FY 2019) | Gurugram, Haryana, India |
To see the full peer comparison of Praise Communications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2016 | 100057659 | The South Indian Bank Limited | ₹13.4 Lakh | Open | |
| 16 Aug 2016 | 100057661 | The South Indian Bank Limited | ₹1.25 Cr | Open | |
| 22 Nov 2014 | 10535842 | The Federal Bank Limited | ₹19 Lakh | Open | |
| 17 May 2013 | 10429714 | The Federal Bank Limited | ₹80 Lakh | Open | |
| 18 Oct 2008 | 10132431 | The South Indian Bank Ltd | ₹40 Lakh | Open |
To see the full charge records of Praise Communications Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Praise Communications Private Limited has 3 court cases on record: 1 filed by Praise Communications, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Execution petition | Filed against the company by HT Media Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by HT Media Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Praise Communications Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praise Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Praise Communications Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Praise Communications Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Ambazhakadan Devassy Rappai was appointed as Director on 11 Mar 2008.
2 earlier events are in the company report.
Frequently asked questions
Praise Communications is an active private limited company based in New Delhi, Delhi, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 11 March 2008 (18+ years old) and is registered under CIN U74300DL2008PTC175126.
Praise Communications has 2 current directors:
- Saramma Rappai - Director
- Ambazhakadan Devassy Rappai - Director
The latest financial statements of Praise Communications on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Praise Communications is U74300DL2008PTC175126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praise Communications has 3 court cases on record: 1 filed by the company and 2 filed against it.
Praise Communications was incorporated on 11 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Praise Communications by revenue are GK Advertising Private Limited, Grouppal India Private Limited, Escribuniq Technology Private Limited, all in the Media and Publishing industry (Advertising Agencies, Communications), with the same principal business activity (advertising and market research).
Ambazhakadan Devassy Rappai was appointed as Director on 11 Mar 2008. Saramma Rappai was appointed as Director on 11 Mar 2008.
The registered office of Praise Communications is at 105 Raksha Vikas Market Dda Commercial Complex Vikaspuri, New Delhi, Delhi, India – 110018.
Praise Communications operates in the media and publishing industry, in the advertising agencies and media services segment.
Praise Communications has open charges of ₹2.77 Cr and satisfied charges of ₹60 Lakh as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
