Preflex Solutions Private Limited

Preflex Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2014PTC073389 Incorporated 03 February 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹29.81 Cr
▲ 12% YoY
Net profit · FY 2024
₹2.29 Cr
Net margin 7.7%
EBITDA · FY 2024
₹3.18 Cr
EBITDA margin 10.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.23 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Preflex Solutions Private Limited

Data last updated:

Preflex Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 February 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC073389. Its GSTIN is 29AAHCP5797R1Z3 (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suvarna Manohar Marihal and Uma Basavaraj Juttiyavar.

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 No. 26/27 1st Floor 1st Main Old Manjunatha Layout Rammurthy Nagar, Bangalore, Karnataka, India – 560016.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.81 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Cr (net margin 7.7%) and EBITDA of ₹3.18 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.

The company is associated with 1 brand: Preflex Solutions. As per MCA filings, the company has open charges of ₹4.23 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 preflexsol.com.

Company Details of Preflex Solutions Private Limited
CIN U74900KA2014PTC073389
Registration Number 073389
Incorporation Date 03 February 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    No. 26/27 1st Floor 1st Main Old Manjunatha Layout Rammurthy Nagar, Bangalore, Karnataka, India – 560016
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Preflex Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Preflex Solutions Private Limited

The main business activity of Preflex Solutions is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Preflex Solutions Private Limited FY 2024 filings available

Preflex Solutions Private Limited reported revenue of ₹29.81 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹29.81 Cr ▲ 12%
Net profit · FY 2024
₹2.29 Cr margin 7.7%
EBITDA · FY 2024
₹3.18 Cr margin 10.7%

Compounded Annual Growth Rate (CAGR) of Preflex Solutions Private Limited

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 12%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 11%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 12% growth in the latest year. EBITDA fell 5% 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 Preflex Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.18 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.29 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 Preflex Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.7%••••••••••••••••
Net Profit Margin7.7%••••••••••••••••
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 Preflex Solutions are in the company report.

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Financial statements from 2015

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Peer Comparison of Preflex Solutions Private Limited

Preflex Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Lotus Microwave Technologies Private Limited₹30.02 Cr (FY 2024)••••••••100.0%••••Hyderabad, Telangana, India
Vyomeen Media Private Limited₹30.01 Cr (FY 2025)••••••••97.0%••••Mumbai, Maharashtra, India
Next Pathway India Private Limited₹29.92 Cr (FY 2025)••••••••47.0%••••Pune, Maharashtra, India
Juweriyah Networks Private Limited₹29.82 Cr (FY 2025)••••••••21.0%••••Mumbai, Maharashtra, India
Ua Brands International Private Limited₹29.82 Cr (FY 2025)••••••••11.0%••••Pune, Maharashtra, India
Preflex Solutions Private Limited this company₹29.81 Cr (FY 2024)••••••••12.0%••••Bangalore, Karnataka, India
Auronova Consulting Solutions Private Limited₹29.78 Cr (FY 2025)••••••••39.0%••••Mumbai, Maharashtra, India
Nextgen Clearing Private Limited₹29.76 Cr (FY 2025)••••••••12.0%••••Thane, Maharashtra, India
Vayam Technologies Limited₹29.72 Cr (FY 2023)••••••••0.0%••••New Delhi, India
Purespectrum India Private Limited₹29.65 Cr (FY 2025)••••••••60.0%••••Bangalore, Karnataka, India
D.S.M.Soft Private Limited₹29.65 Cr (FY 2025)••••••••-20.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Preflex Solutions by revenue in the same principal business activity (Other information & communication service 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 Preflex Solutions Private Limited

Preflex Solutions Private Limited is audited by Pathirajavardhan & Co for the financial year 2023.

NameStatusAppointment DateCessation Date
Pathirajavardhan & CoLockedLockedLocked
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Board of Directors of Preflex Solutions Private Limited

Preflex Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Suvarna Manohar MarihalDirector03 Feb 201412 Years 8 MonthsCurrent
Uma Basavaraj JuttiyavarDirector03 Feb 201412 Years 8 MonthsCurrent

Ownership and Shareholding of Preflex Solutions Private Limited

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Charges & Borrowings of Preflex Solutions Private Limited

Open charges
₹4.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.23 Cr
Latest charge details
DateLenderAmountStatus
29 Nov 2024Others₹4 CrOpen
13 Mar 2019Others₹22.74 LakhOpen

Total charge records: 2 View all charges

Associated Brands with Preflex Solutions Private Limited

Preflex Solutions operates one associated brand: Preflex Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Preflex Solutions provides comprehensive software and DevOps development services.preflexsol.com

Employees and EPFO Compliance at Preflex Solutions Private Limited

Employment history and EPFO contributions of people linked to Preflex 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 Preflex Solutions Private Limited

Preflex Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Suvarna Manohar Marihal was appointed as Director on 03 Feb 2014.

Charges
A charge with Others of Rs. 400.00 Lakh registered on 29 Nov 2024 with Charge ID 101023444 was modified on 03 Feb 2025.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101023444 was registered on 29 Nov 2024.
AGM
Preflex Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Preflex Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 22.74 Lakh with Charge ID 100262196 was registered on 13 Mar 2019.
Appointed
Suvarna Manohar Marihal was appointed as Director.
Appointed
Uma Basavaraj Juttiyavar was appointed as Director.
Incorporation
03 Feb 2014
Preflex Solutions Private Limited was registered on 03 Feb 2014 with Roc Bangalore & aged 12 years 8 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Preflex Solutions Private Limited

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MSME Payment Delays by Preflex Solutions Private Limited

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Subsidiaries & Group Companies of Preflex Solutions Private Limited

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GST Compliance of Preflex Solutions Private Limited

Preflex Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCP5797R1Z3KarnatakaActive01 Jul 2017
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MCA Filings & Documents of Preflex Solutions Private Limited

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Frequently Asked Questions about Preflex Solutions Private Limited

Preflex Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 February 2014 (12+ years old) and is registered under CIN U74900KA2014PTC073389.

Preflex Solutions reported revenue of ₹29.81 Cr for FY 2024 (up 12% YoY).

Preflex Solutions has 2 current directors:

Preflex Solutions reported a net profit of ₹2.29 Cr (net margin 7.7%) and EBITDA of ₹3.18 Cr (EBITDA margin 10.7%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Preflex Solutions is 12% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Preflex Solutions is 29AAHCP5797R1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Preflex Solutions is U74900KA2014PTC073389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Preflex Solutions was incorporated on 03 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Preflex Solutions by revenue are Lotus Microwave Technologies Private Limited, Vyomeen Media Private Limited, Next Pathway India Private Limited, Juweriyah Networks Private Limited, Ua Brands International Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).

Suvarna Manohar Marihal was appointed as Director on 03 Feb 2014. Uma Basavaraj Juttiyavar was appointed as Director on 03 Feb 2014.

Preflex Solutions can be reached through the website preflexsol.com. Its registered office is in Bangalore, Karnataka, India.

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