Startup India Government of India
Pravasis IT Solutions Private Limited - information technology in Malappuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.13 Cr
▲ 10% YoY
Net loss · FY 2025
₹42.09 Lakh
Net margin -37.4%
EBITDA · FY 2025
-₹20.01 Lakh
EBITDA margin -17.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Pravasis IT Solutions Private Limited
Data last updated:
Pravasis IT Solutions Private Limited is a private limited company based in Malappuram, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC057507. Its GSTIN is 32AAKCP4788M1ZQ (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Saidalikutty Pannikkazhayil (Managing Director) and Pratheesh Mullakkara.
Its last annual general meeting (AGM) was held on 02 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No.18/1929 Nechikkadan Building Up – Hill Malappuram P.O., Kerala, India – 676505.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹42.09 Lakh (net margin -37.4%) and EBITDA of -₹20.01 Lakh (EBITDA margin -17.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 59% over five years.
For more details, the company can be reached via its website rioeasycollect.com.
Company Details of Pravasis IT Solutions Private Limited
CIN U72900KL2019PTC057507
Registration Number 057507
Incorporation Date 04 April 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 December 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Pravasis IT Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRoom No.18/1929 Nechikkadan Building Up – Hill Malappuram P.O., Kerala, India – 676505
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Pravasis IT Solutions Private Limited
The main business activity of Pravasis IT 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 Pravasis IT Solutions Private Limited FY 2025 filings available
Pravasis IT Solutions Private Limited reported revenue of ₹1.13 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹1.13 Cr ▲ 10%
Net loss · FY 2025
₹42.09 Lakh margin -37.4%
EBITDA · FY 2025
-₹20.01 Lakh margin -17.8%
Compounded Annual Growth Rate (CAGR) of Pravasis IT Solutions Private Limited
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 20%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 91%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 10% growth in the latest year. EBITDA fell 33% 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 Pravasis IT Solutions 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 | -₹20.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹42.09 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 Pravasis IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -37.4% | •••• | •••• | •••• | •••• |
| 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 Pravasis IT Solutions are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Pravasis IT Solutions Private Limited
Pravasis IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saidalikutty Pannikkazhayil Also directs: PSK Diaspora Initiatives Private Limited | Managing Director | 04 Apr 2019 | 7 Years 6 Months | Current |
| Pratheesh Mullakkara Also directs: PSK Diaspora Initiatives Private Limited | Director | 04 Apr 2019 | 7 Years 6 Months | Current |
Peer Comparison of Pravasis IT Solutions Private Limited
Pravasis IT 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 |
|---|---|---|---|---|---|---|
| Planetv Technologies Private Limited | ₹1.13 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Thondayad Bypass, Kerala, India |
| Kefi Tech Solutions Private Limited | ₹1.13 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Kazhakuttom, Kerala, India |
| Close App Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 187.0% | •••• | Gurgaon, Haryana, India |
| Techiehybrid Solutions Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 122.0% | •••• | Ernakulam, Kerala, India |
| Ennea Solutions Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | 159.0% | •••• | Hyderabad, Telangana, India |
| Pravasis IT Solutions Private Limited this company | ₹1.13 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Malappuram, Kerala, India |
| Kasper Consulting Private Limited | ₹1.13 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Silversky Digital Private Limited | ₹1.13 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Luezoid Technologies Private Limited | ₹1.12 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Studiosoft Solutions Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ebyte Infotech Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Pravasis IT 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.
Ownership and Shareholding of Pravasis IT Solutions Private Limited
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Charges & Borrowings of Pravasis IT Solutions Private Limited
Pravasis IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pravasis IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Pravasis IT Solutions.
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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 Pravasis IT Solutions Private Limited
Pravasis IT Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Pratheesh Mullakkara was appointed as Director on 04 Apr 2019.
AGM
Pravasis It Solutions Private Limited last Annual general meeting of members was held on 02 Dec 2025 as per latest MCA records.
Filing
Pravasis It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Appointed
Pratheesh Mullakkara was appointed as Director.
Appointed
Saidalikutty Pannikkazhayil was appointed as Managing Director.
Incorporation
04 Apr 2019
Pravasis It Solutions Private Limited was registered on 04 Apr 2019 with Roc Ernakulam & aged 7 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Pravasis IT Solutions Private Limited
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MSME Payment Delays by Pravasis IT Solutions Private Limited
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Subsidiaries & Group Companies of Pravasis IT Solutions Private Limited
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GST Compliance of Pravasis IT Solutions Private Limited
Pravasis IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAKCP4788M1ZQ | Kerala | Active | 22 Jan 2020 |
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MCA Filings & Documents of Pravasis IT Solutions Private Limited
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Frequently Asked Questions about Pravasis IT Solutions Private Limited
Pravasis IT Solutions is an active private limited company based in Malappuram, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 April 2019 (7+ years old) and is registered under CIN U72900KL2019PTC057507.
Pravasis IT Solutions reported revenue of ₹1.13 Cr for FY 2025 (up 10% YoY).
Pravasis IT Solutions has 2 current directors:
- Saidalikutty Pannikkazhayil - Managing Director
- Pratheesh Mullakkara - Director
Pravasis IT Solutions reported a net loss of ₹42.09 Lakh (net margin -37.4%) and EBITDA of -₹20.01 Lakh (EBITDA margin -17.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pravasis IT Solutions is 20% over three years and 59% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pravasis IT Solutions is 32AAKCP4788M1ZQ, registered in Kerala.
The CIN (Corporate Identification Number) of Pravasis IT Solutions is U72900KL2019PTC057507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pravasis IT Solutions was incorporated on 04 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Pravasis IT Solutions by revenue are Planetv Technologies Private Limited, Kefi Tech Solutions Private Limited, Close App Private Limited, Techiehybrid Solutions Private Limited, Ennea Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Pratheesh Mullakkara was appointed as Director on 04 Apr 2019. Saidalikutty Pannikkazhayil was appointed as Managing Director on 04 Apr 2019.
Yes, Pravasis IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).