About Pricol Corporate Services Limited
Data last updated:
Pricol Corporate Services Limited was a public limited company based in Coimbatore, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 03 November 2006.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74140TZ2006PLC013190. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Natarajan Subramanian (Whole-Time Director) and Jambunathan Sridhar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Cpm Towers 109 Race Course, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.61 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹10.9 Lakh (net margin 1.4%) and EBITDA of ₹20.99 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 24% over five years.
The company had about 60 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 5 deals on record (5 secondary share transfers); the latest was in October 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is pricolcorporate.com.
Company details
Contact details
Pricol Corporate Services Limited's registered office is in Coimbatore, Tamil Nadu. Its website is pricolcorporate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCpm Towers 109 Race Course, Coimbatore, Tamil Nadu, India – 641018
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
To see the full contact details of Pricol Corporate Services Limited, buy the company report.
- 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 Pricol Corporate Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Pricol Corporate Services Limited, buy the company report.
Financials of Pricol Corporate Services Limited
FY 2022 filings availablePricol Corporate Services Limited reported revenue of ₹7.61 Cr (down 30% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 30% fall in the latest year. EBITDA fell 77% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.61 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pricol Corporate Services Limited, buy the company report.
Board of directors of Pricol Corporate Services Limited
Pricol Corporate Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jambunathan Sridhar Also directs: Paavana Insurance Brokers Private Limited | Director | 02 Feb 2016 | 10 Years 9 Months | As last reported |
| Natarajan Subramanian | Whole-Time Director | 31 Jan 2017 | 9 Years 9 Months | As last reported |
| Thangavel Gajalakshmi Thamizhanban | Director | 03 Nov 2006 | 19 Years 11 Months | As last reported |
Auditor
Pricol Corporate Services Limited is audited by VKS AIYER & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VKS AIYER & CO | FY 2022 | 000066S |
Shareholding
The shareholding of Pricol Corporate Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pricol Corporate Services Limited, buy the company report.
Deals & funding
Pricol Corporate Services Limited has 5 deals on record (5 secondary share transfers); the latest was in October 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: SA Gopalakrishnan |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: SA Gopalakrishnan, 3 individuals |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: SA Gopalakrishnan, 2 individuals Seller: 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pricol Corporate Services Limited has 3 court cases on record: 2 filed by Pricol Corporate Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by Altran Technologies India Private Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed by the company against Altran Technologies India Private Limited | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Pricol Corporate Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Pricol Corporate Services Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Pricol Corporate Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pricol Corporate Services Limited has a workforce of 60 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Pricol Corporate Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pricol Corporate Services Limited, buy the company report.
Recent activity
Pricol Corporate Services Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Natarajan Subramanian ceased to be Director on 01 Apr 2021.
1 earlier event is in the company report.
News
Frequently asked questions
Pricol Corporate Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pricol Corporate Services was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 03 November 2006 and is registered under CIN U74140TZ2006PLC013190. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pricol Corporate Services was incorporated on 03 November 2006. It is registered with the Registrar of Companies, Coimbatore.
Pricol Corporate Services had 3 directors:
- Natarajan Subramanian - Whole-Time Director
- Jambunathan Sridhar - Director
- Thangavel Gajalakshmi Thamizhanban - Director
The CIN (Corporate Identification Number) of Pricol Corporate Services is U74140TZ2006PLC013190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pricol Corporate Services is at Cpm Towers 109 Race Course, Coimbatore, Tamil Nadu, India – 641018.
Pricol Corporate Services can be reached through the website pricolcorporate.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of Pricol Corporate Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Pricol Corporate Services has 1 GST registration on record and it is cancelled or inactive.
Pricol Corporate Services operated in the business outsourcing industry, in the HR outsourcing and talent management segment.
Pricol Corporate Services has 5 deals on record (5 secondary share transfers); the latest was in October 2018.
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