MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-02-0106113
Precise Forex Private Limited - financial services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.47 Cr
▲ 29% YoY
Net profit · FY 2024
₹6.96 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹14.94 Lakh
EBITDA margin 0.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹33 Lakh
Issued & subscribed
Open charges
₹33.91 Lakh
Satisfied ₹44.5 Lakh
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Precise Forex Private Limited
Data last updated:
Precise Forex Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 06 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65929TG2007PTC056209. Its GSTIN is 36AAECP4354P1ZW (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Sainath Raju Varakavi and Ravi Shankar Kamala.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.47 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹6.96 Lakh (net margin 0.3%) and EBITDA of ₹14.94 Lakh (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 151% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹33.91 Lakh and satisfied charges of ₹44.5 Lakh on record.
Precise Forex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0106113). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website preciseforex.co.in.
Company details
CIN U65929TG2007PTC056209
Registration Number 056209
Incorporation Date 06 November 2007
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0106113
CIN history
Precise Forex has one previous CIN (Corporate Identification Number): U65929AP2007PTC056209. The current CIN is U65929TG2007PTC056209, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65929TG2007PTC056209 | Current |
| U65929AP2007PTC056209 | Previous |
Recognitions & Rankings of Precise Forex
Contact details
Precise Forex Private Limited's registered office is in Hyderabad, Telangana. Its website is preciseforex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 132 Flat No 202 Katurinivas Srinagar Colony Main Road Beside Andhra, Bank, Hyderabad, Telangana, India – 500073
- IndustryFinancial Services, Forex Services
To see the full contact details of Precise Forex Private Limited, buy the company report.
Comprehensive company report
Precise Forex Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Precise Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Precise Forex Private Limited, buy the company report.
Financials of Precise Forex Private Limited
FY 2025 filings availablePrecise Forex Private Limited reported revenue of ₹20.47 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹20.47 Cr ▲ 29%
Net profit · FY 2024
₹6.96 Lakh margin 0.3%
EBITDA · FY 2024
₹14.94 Lakh margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 151%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 113%
5 years · compounded
▲ 38%
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 50% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.96 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Precise Forex Private Limited, buy the company report.
Board of directors of Precise Forex Private Limited
Precise Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sainath Raju Varakavi Also directs: Veros Infra LLP | Director | 06 Nov 2007 | 18 Years 11 Months | Current |
| Ravi Shankar Kamala | Director | 06 Nov 2007 | 18 Years 11 Months | Current |
Peer comparison
Precise Forex Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soumya Forex & Travels Private Limited | ₹20.47 Cr (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Precise Forex Private Limitedthis company | ₹20.47 Cr (FY 2024) | ₹6.96 Lakh | 0.3% | 29.0% | Hyderabad, Telangana, India | |
| Al-Ansar Travels Private Limited | ₹20.47 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Dhar Tour & Travels Private Limited | ₹20.45 Cr (FY 2024) | -35.0% | Kolkata, West Bengal, India | |||
| Quick Forex Limited | ₹20.4 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Alliance Travels and Forex Private Limited | ₹20.35 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Precise Forex Private Limited, buy the company report.
Auditor
Precise Forex Private Limited is audited by K A G & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A G & ASSOCIATES | FY 2019 | 012496S |
Shareholding
The shareholding of Precise Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Precise Forex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.91 Lakh
Satisfied charges
₹44.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101074479 | Hdfc Bank Limited | ₹17.77 Lakh | Open | |
| 26 May 2023 | 100760283 | Hdfc Bank Limited | ₹16.14 Lakh | Open | |
| 25 Jul 2009 | 10276942 | State Bank of India | ₹4.5 Lakh | Satisfied | |
| 26 Feb 2008 | 10089277 | State Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Precise Forex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Precise Forex 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 Precise Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Precise Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP4354P1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precise Forex Private Limited, buy the company report.
Recent activity
Precise Forex Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Peddineni Bhaktavatsalam Naidu ceased to be Director on 17 Sep 2021.
Charges
A charge registered on 25 Jul 2009 via Charge ID 10276942 with State Bank Of India was fully satisfied on 27 Oct 2025.
Charges
A charge registered on 26 Feb 2008 via Charge ID 10089277 with State Bank Of India was fully satisfied on 27 Oct 2025.
AGM
Precise Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Precise Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.77 Lakh with Charge ID 101074479 was registered on 31 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.14 Lakh with Charge ID 100760283 was registered on 26 May 2023.
Ceased
Peddineni Bhaktavatsalam Naidu ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 4.50 Lakh with Charge ID 10276942 was registered on 25 Jul 2009.
Ceased
Harish Kumar Peddineni ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 40.00 Lakh with Charge ID 10089277 was registered on 26 Feb 2008.
Appointed
Ravi Shankar Kamala was appointed as Director.
Appointed
Sainath Raju Varakavi was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Precise Forex is an active private limited company based in Hyderabad, Telangana, India. The company works in forex services, within the financial services industry. It was incorporated on 06 November 2007 (19+ years old) and is registered under CIN U65929TG2007PTC056209.
Precise Forex has 2 current directors:
- Sainath Raju Varakavi - Director
- Ravi Shankar Kamala - Director
The latest financial statements of Precise Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Precise Forex is 36AAECP4354P1ZW, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Precise Forex is U65929TG2007PTC056209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precise Forex was incorporated on 06 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Precise Forex by revenue are Soumya Forex & Travels Private Limited, Al-Ansar Travels Private Limited, Dhar Tour & Travels Private Limited, Quick Forex Limited, Alliance Travels and Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Peddineni Bhaktavatsalam Naidu ceased to be Director on 17 Sep 2021. Harish Kumar Peddineni ceased to be Director on 30 Dec 2008. Ravi Shankar Kamala was appointed as Director on 06 Nov 2007. Precise Forex has 4 board changes on record in total.
Yes, Precise Forex is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0106113).
Precise Forex can be reached through the website preciseforex.co.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Precise Forex is at Plot No. 132 Flat No 202 Katurinivas Srinagar Colony Main Road Beside Andhra, Bank, Hyderabad, Telangana, India – 500073.