About Precistat IT Solutions Private Limited
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Precistat IT Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the business process outsourcing sector. It was incorporated on 23 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72400AP2005PTC045455. Its GSTIN is 37AADCP5502A1ZY (Andhra Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Venkata Ramana Bodepudi (Managing Director) and Radhika Bodepudi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hill No. 3 Plot No. 18 It SEZ Madhurawada, Visakhapatnam, Andhra Pradesh, India – 530045.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.43 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 14.8%) and EBITDA of ₹3.34 Cr (EBITDA margin 32%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 30% over five years.
The company has about 159 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹6.14 Cr and satisfied charges of ₹1.08 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precistat.com.
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- Registered AddressHill No. 3 Plot No. 18 It SEZ Madhurawada, Visakhapatnam, Andhra Pradesh, India – 530045
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Financials of Precistat IT Solutions Private Limited FY 2024 filings available
Precistat IT Solutions Private Limited reported revenue of ₹10.43 Cr (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Precistat IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 1% growth in the latest year. EBITDA rose 64% 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 Precistat IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹10.43 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.54 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 Precistat IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.8% | •••• | •••• | •••• | •••• |
| 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 Precistat IT Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Precistat IT Solutions Private Limited
Precistat IT Solutions Private Limited is audited by P.SivaramaKrishna & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.SivaramaKrishna & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Precistat IT Solutions Private Limited
Precistat IT Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Ramana Bodepudi | Managing Director | 23 Feb 2005 | 21 Years 7 Months | Current |
| Radhika Bodepudi | Whole-Time Director | 23 Feb 2005 | 21 Years 7 Months | Current |
| Rithik Prasad Bodepudi Also directs: Bovera Orchards Private Limited, Vidisky India Private Limited | Director | 07 Jul 2023 | 3 Years 3 Months | Current |
Ownership and Shareholding of Precistat IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Precistat IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2024 | Hdfc Bank Limited | ₹11.8 Lakh | Open |
| 17 Jan 2024 | Hdfc Bank Limited | ₹1.09 Cr | Open |
| 07 Nov 2023 | Others | ₹4.93 Cr | Open |
| 10 Mar 2008 | Union Bank of India | ₹1.08 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Precistat IT Solutions Private Limited
Precistat IT Solutions Private Limited has a workforce of 159 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Precistat IT Solutions Private Limited
Precistat IT Solutions has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Pacificcoast Precistat Private Limited | U72900AP2021PTC117980 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Precistat IT Solutions Private Limited
Precistat IT Solutions Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Rithik Prasad Bodepudi ceased to be Additional Director on 29 Sep 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precistat IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Precistat IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Precistat IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Precistat IT Solutions Private Limited
Precistat IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCP5502A1ZY | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Precistat IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Precistat IT Solutions Private Limited
Precistat IT Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 23 February 2005 (21+ years old) and is registered under CIN U72400AP2005PTC045455.
Precistat IT Solutions reported revenue of ₹10.43 Cr for FY 2023 (up 1% YoY).
Precistat IT Solutions has 3 current directors:
- Venkata Ramana Bodepudi - Managing Director
- Radhika Bodepudi - Whole-Time Director
- Rithik Prasad Bodepudi - Director
Precistat IT Solutions reported a net profit of ₹1.54 Cr (net margin 14.8%) and EBITDA of ₹3.34 Cr (EBITDA margin 32%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precistat IT Solutions is 25% over three years and 30% over five years. In the latest year (FY 2023) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precistat IT Solutions is 37AADCP5502A1ZY, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Precistat IT Solutions is U72400AP2005PTC045455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precistat IT Solutions was incorporated on 23 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Rithik Prasad Bodepudi ceased to be Additional Director on 29 Sep 2023. Rithik Prasad Bodepudi was appointed as Director on 07 Jul 2023. Radhika Bodepudi ceased to be Director on 29 Sep 2015. Precistat IT Solutions has 6 board changes on record in total.
Precistat IT Solutions can be reached through the website precistat.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.