MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0040640
Prakat Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.38 Cr
▼ 33% YoY
Net loss · FY 2024
₹1.59 Cr
Net margin -12.8%
EBITDA · FY 2024
-₹1.41 Cr
EBITDA margin -11.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.25 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
83
Provident fund records
About Prakat Solutions Private Limited
Data last updated:
Prakat Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Prakat Solutions Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052753. Its GSTIN is 29AAFCP3783R1ZF (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anuradha Biswas and Viswanath Diwakar Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.38 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr (net margin -12.8%) and EBITDA of -₹1.41 Cr (EBITDA margin -11.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prakat. As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Prakat Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0040640). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prakat.com.
Company Details of Prakat Solutions Private Limited
CIN U72200KA2010PTC052753
Registration Number 052753
Incorporation Date 03 March 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prakat Solutions Inc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0040640
Recognitions & Rankings of Prakat Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address147 Rainbow Residency Off Sarjapura Road Junnasandra Village, Carmelaram, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Prakat Solutions Private Limited
Prakat Solutions operates one associated brand: Prakat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services in application development, testing, and modernization are offered. | prakat.com |
Business Activity of Prakat Solutions Private Limited
The main business activity of Prakat Solutions 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Prakat Solutions Private Limited FY 2025 filings available
Prakat Solutions Private Limited reported revenue of ₹12.38 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹12.38 Cr ▼ 33%
Net loss · FY 2024
₹1.59 Cr margin -12.8%
EBITDA · FY 2024
-₹1.41 Cr margin -11.4%
Compounded Annual Growth Rate (CAGR) of Prakat Solutions Private Limited
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 8%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 137%
3 years · compounded
▼ 20%
5 years · compounded
▼ 37%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 137% 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 Prakat Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.59 Cr | •••• | •••• | •••• | •••• |
| 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 Prakat Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.8% | •••• | •••• | •••• | •••• |
| 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 Prakat Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Prakat Solutions Private Limited
Prakat Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viswanath Diwakar Shenoy | Additional Director | 20 Feb 2024 | 2 Years 8 Months | Current |
| Anuradha Biswas Also directs: Manuka AI Labs Private Limited | Director | 15 Dec 2010 | 15 Years 10 Months | Current |
Peer Comparison of Prakat Solutions Private Limited
Prakat Solutions 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 |
|---|---|---|---|---|---|---|
| Piterion India Private Limited | ₹12.41 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Visilean India Private Limited | ₹12.41 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ahmedabad, Gujarat, India |
| Prosimo.Io India Private Limited | ₹12.4 Cr (FY 2023) | •••• | •••• | 96.0% | •••• | Bengaluru, Karnataka, India |
| Soham Software Services Private Limited | ₹12.39 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Telangana, India |
| Hifx IT and Media Services Private Limited | ₹12.38 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Ernakulam, Kerala, India |
| Prakat Solutions Private Limited this company | ₹12.38 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Tekessence Software Solutions Private Limited | ₹12.38 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Chennai, Tamil Nadu, India |
| N-Scope Netware Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Rajkot, Gujarat, India |
| Initech Software Solutions Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Flyers Soft Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Microtech IT Systems Private Limited | ₹12.36 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Prakat Solutions 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 Prakat Solutions Private Limited
Prakat Solutions Private Limited is audited by A. NAGARAJU for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. NAGARAJU | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Prakat Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Prakat Solutions Private Limited
Open charges
₹1.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2019 | Others | ₹1.25 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Prakat Solutions Private Limited
Prakat Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 30 Sep 2026.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by an individual | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Prakat Solutions Private Limited
Prakat Solutions Private Limited has a workforce of 83 employees as of Apr 05, 2024.
Employee count
83
Active EPFO establishments
1
Employee growth
-35.16%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Prakat Solutions Private Limited
Prakat Solutions Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Viswanath Diwakar Shenoy was appointed as Additional Director on 20 Feb 2024.
AGM
Prakat Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prakat Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Viswanath Diwakar Shenoy was appointed as Additional Director.
Ceased
Krishna Ranjan ceased to be Additional Director.
Ceased
Ravindran Srinivasan ceased to be Whole-Time Director.
Charges
A charge with Others of Rs. 125.00 Lakh registered on 19 Dec 2019 with Charge ID 100314919 was modified on 21 Jul 2022.
Ceased
Srikant Krish ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100314919 was registered on 19 Dec 2019.
Ceased
Hema Shantharam ceased to be Director.
Ceased
Srihari Reddy ceased to be Additional Director.
Ceased
Rahul Guha ceased to be Director.
Ceased
Sumukha Rao Ranganatha ceased to be Director.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prakat Solutions Private Limited
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MSME Payment Delays by Prakat Solutions Private Limited
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Subsidiaries & Group Companies of Prakat Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Prakat Solutions Private Limited
Prakat Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP3783R1ZF | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Prakat Solutions Private Limited
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Related news about Prakat Solutions Private Limited
Frequently Asked Questions about Prakat Solutions Private Limited
Prakat Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 March 2010 (16+ years old) and is registered under CIN U72200KA2010PTC052753.
Prakat Solutions reported revenue of ₹12.38 Cr for FY 2024 (down 33% YoY).
Prakat Solutions has 2 current directors:
- Viswanath Diwakar Shenoy - Additional Director
- Anuradha Biswas - Director
Prakat Solutions reported a net loss of ₹1.59 Cr (net margin -12.8%) and EBITDA of -₹1.41 Cr (EBITDA margin -11.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prakat Solutions is 8% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prakat Solutions is 29AAFCP3783R1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Prakat Solutions is U72200KA2010PTC052753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakat Solutions has 2 court cases on record: 2 filed against it.
Prakat Solutions was incorporated on 03 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prakat Solutions by revenue are Piterion India Private Limited, Visilean India Private Limited, Prosimo.Io India Private Limited, Soham Software Services Private Limited, Hifx IT and Media Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Viswanath Diwakar Shenoy was appointed as Additional Director on 20 Feb 2024. Krishna Ranjan ceased to be Additional Director on 29 Sep 2023. Ravindran Srinivasan ceased to be Whole-Time Director on 28 Mar 2023. Prakat Solutions has 12 board changes on record in total.