About Prestin IT Solutions Private Limited
Data last updated:
Prestin IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2008PTC060286.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pvr Soft Solutions Private Limited. It is led by directors including Balakrishna Poduthuri and Akash Bapurao Bonagiri.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.56 Lakh. For the same year it recorded a net loss of ₹29,157 (net margin -18.7%) and EBITDA of ₹3,414 (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website confimind.com.
CIN History of Prestin IT Solutions Private Limited
Prestin IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2008PTC060286. The current CIN is U72200TG2008PTC060286, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2008PTC060286 | Current |
| U72200AP2008PTC060286 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 73 Smr House 4th Floor, Panjagutta Nagarjuna Hills, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Prestin IT Solutions Private Limited
The main business activity of Prestin 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prestin IT Solutions Private Limited FY 2021 filings available
Prestin IT Solutions Private Limited reported revenue of ₹1.56 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR) of Prestin IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 108% 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 Prestin IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹3,414 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29,157 | •••• | •••• | •••• | •••• |
| 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 Prestin IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.7% | •••• | •••• | •••• | •••• |
| 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 Prestin 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.
Board of Directors of Prestin IT Solutions Private Limited
Prestin IT Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishna Poduthuri | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
| Akash Bapurao Bonagiri | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Nagathiresh Reddy Paidimarla | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
Peer Comparison of Prestin IT Solutions Private Limited
Prestin IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agyanharini Consulting Private Limited | ₹1.57 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Bengaluru, Karnataka, India |
| Jazz Solutions Private Limited | ₹1.57 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Thrissur, Kerala, India |
| BPT Solutions Private Limited | ₹1.57 Lakh (FY 2023) | •••• | •••• | 984.0% | •••• | New Delhi, Delhi, India |
| Pentaur Technology Private Limited | ₹1.57 Lakh (FY 2022) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Bluetooth Technologies Private Limited | ₹1.57 Lakh (FY 2023) | •••• | •••• | -84.0% | •••• | Delhi, India |
| Prestin IT Solutions Private Limited this company | ₹1.56 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Professional Access Software Development Private Limited | ₹1.56 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Snva Technologies Private Limited | ₹1.56 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Rattanindia Technologies Private Limited | ₹1.56 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
| Cyber Infoway Private Limited | ₹1.55 Lakh (FY 2018) | •••• | •••• | 199.0% | •••• | Nadiad, Gujarat, India |
| Trendyworks Technologies Private Limited | ₹1.54 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Prestin IT Solutions by revenue in the Information Technology industry (Application Development), 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 Prestin IT Solutions Private Limited
Prestin IT Solutions Private Limited is audited by THIRUPATHI & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THIRUPATHI & ASSOCIATES | 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.
Ownership and Shareholding of Prestin 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 Prestin IT Solutions Private Limited
Prestin IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prestin IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Prestin IT Solutions.
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.
Recent Activity on Prestin IT Solutions Private Limited
Prestin IT Solutions Private Limited has 11 board changes on record since 2018: 3 appointments and 8 cessations. The latest: Akash Bapurao Bonagiri ceased to be Director on 09 Jun 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prestin 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 Prestin 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 Prestin 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 Prestin IT Solutions Private Limited
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 Prestin 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 Prestin IT Solutions Private Limited
Prestin IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2008 (18+ years old) and is registered under CIN U72200TG2008PTC060286.
Prestin IT Solutions reported revenue of ₹1.56 Lakh for FY 2021.
Prestin IT Solutions has 3 current directors:
- Balakrishna Poduthuri - Director
- Akash Bapurao Bonagiri - Director
- Nagathiresh Reddy Paidimarla - Director
Prestin IT Solutions reported a net loss of ₹29,157 (net margin -18.7%) and EBITDA of ₹3,414 (EBITDA margin 2.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prestin IT Solutions is -14% over three years and -8% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Prestin IT Solutions is U72200TG2008PTC060286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestin IT Solutions was incorporated on 25 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Prestin IT Solutions by revenue are Agyanharini Consulting Private Limited, Jazz Solutions Private Limited, BPT Solutions Private Limited, Pentaur Technology Private Limited, Bluetooth Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Akash Bapurao Bonagiri ceased to be Director on 09 Jun 2025. Parameshwari Badhavath ceased to be Director on 09 Jun 2025. Balakrishna Poduthuri was appointed as Director on 01 Jun 2025. Prestin IT Solutions has 11 board changes on record in total.
Prestin IT Solutions can be reached through the website confimind.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Prestin IT Solutions is at Plot No. 73 Smr House 4th Floor, Panjagutta Nagarjuna Hills, Hyderabad, Telangana, India – 500082.