About Precision IT Solutions Private Limited
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Precision IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 18 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2011PTC073925.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anupati Reddy Narayana and Purumandla Sreenivas Reddy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 6 – 3 – 252/A/12 2nd Floor Ms 5th Avenue Erramanzil Colony Punjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.14 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹13.28 Lakh (net margin 4.2%) and EBITDA of ₹17.16 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precision-its.com.
Company details
CIN history
Precision IT Solutions has one previous CIN (Corporate Identification Number): U72300AP2011PTC073925. The current CIN is U72300TG2011PTC073925, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2011PTC073925 | Current |
| U72300AP2011PTC073925 | Previous |
Contact details
Precision IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address6 – 3 – 252/A/12 2nd Floor Ms 5th Avenue Erramanzil Colony Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Precision IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Precision IT Solutions Private Limited, buy the company report.
Financials of Precision IT Solutions Private Limited
FY 2019 filings availablePrecision IT Solutions Private Limited reported revenue of ₹3.14 Cr (up 61% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over three years, including 61% growth in the latest year. EBITDA fell 19% 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
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| EBITDA | ₹17.16 Lakh | ||||
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| Net Profit (PAT) | ₹13.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Precision IT Solutions Private Limited, buy the company report.
Board of directors of Precision IT Solutions Private Limited
Precision IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupati Reddy Narayana Also directs: Softcoms Systems (OPC) Private Limited | Director | 18 Apr 2011 | 15 Years 6 Months | Current |
| Purumandla Sreenivas Reddy | Director | 18 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Precision IT Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megh Computing Private Limited | ₹3.14 Cr (FY 2023) | -25.0% | Bangalore, Karnataka, India | |||
| Helixhorizon Solutions Private Limited | ₹3.14 Cr (FY 2025) | 19.0% | Chittoor, Andhra Pradesh, India | |||
| Credshields Blockchain Security Private Limited | ₹3.14 Cr (FY 2025) | 47.0% | Bangalore, Karnataka, India | |||
| Goldfinger Software India Private Limited | ₹3.14 Cr (FY 2025) | -31.0% | Chennai, Tamil Nadu, India | |||
| Precision IT Solutions Private Limitedthis company | ₹3.14 Cr (FY 2019) | ₹13.28 Lakh | 4.2% | 61.0% | Hyderabad, Telangana, India | |
| Arcus360 India Private Limited | ₹3.14 Cr (FY 2024) | 135.0% | Pune, Maharashtra, India | |||
| Knopff Solutions Private Limited | ₹3.14 Cr (FY 2024) | -18.0% | Bhubaneswar, Odisha, India | |||
| Thidiff Technologies Private Limited | ₹3.14 Cr (FY 2022) | -33.0% | Bangalore, Karnataka, India | |||
| Merv Enterprises Private Limited | ₹3.14 Cr (FY 2024) | 4.0% | Parra, Goa, India | |||
| Sparkbrains Private Limited | ₹3.14 Cr (FY 2024) | 231.0% | Zirakpur, Punjab, India |
To see the full peer comparison of Precision IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Precision IT 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 Precision IT Solutions 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 Precision IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Precision IT Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Anupati Reddy Narayana was appointed as Director on 18 Apr 2011.
Frequently asked questions
Precision IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in consultancy, within the information technology industry. It was incorporated on 18 April 2011 (15+ years old) and is registered under CIN U72300TG2011PTC073925.
Precision IT Solutions has 2 current directors:
- Anupati Reddy Narayana - Director
- Purumandla Sreenivas Reddy - Director
The latest financial statements of Precision IT Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Precision IT Solutions is U72300TG2011PTC073925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision IT Solutions was incorporated on 18 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Precision IT Solutions by revenue are Megh Computing Private Limited, Helixhorizon Solutions Private Limited, Credshields Blockchain Security Private Limited, Goldfinger Software India Private Limited, Arcus360 India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Anupati Reddy Narayana was appointed as Director on 18 Apr 2011. Purumandla Sreenivas Reddy was appointed as Director on 18 Apr 2011.
Precision IT Solutions can be reached through the website precision-its.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Precision IT Solutions is at 6 – 3 – 252A12 2nd Floor Ms 5th Avenue Erramanzil Colony Punjagutta, Hyderabad, Telangana, India – 500082.
Precision IT Solutions operates in the information technology industry, in the consultancy segment.
The compliance status of Precision IT Solutions is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.