Primo Billing Solutions Private Limited

Primo Billing Solutions Private Limited - business outsourcing in Panruti, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72901TN2016PTC111317 Incorporated 06 July 2016 ROC Chennai HQ Panruti, Tamil Nadu, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2022
₹1.41 Cr
▲ 53% YoY
Net profit · FY 2022
₹2.99 Lakh
Net margin 2.1%
EBITDA · FY 2022
₹5.91 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
36
Provident fund records
Directors on board
2
As per MCA filings

About Primo Billing Solutions Private Limited

Data last updated:

Primo Billing Solutions Private Limited is a private limited company based in Panruti, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 06 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72901TN2016PTC111317. Its GSTIN is 33AAICP6940M1Z0 (Tamil Nadu).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pandiyan Balaji and Poonguzhali Selvakumar.

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 is at Panruti, Tamil Nadu.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.41 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Lakh (net margin 2.1%) and EBITDA of ₹5.91 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.

The company has about 36 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72901TN2016PTC111317
Registration Number 111317
Incorporation Date 06 July 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

Contact details

Primo Billing Solutions Private Limited's registered office is in Panruti, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sf. No 17/5 Durai Nagar Serakuppam, Vadalur, Panruti, Tamil Nadu, India – 607303
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Primo Billing Solutions Private Limited, buy the company report.

Comprehensive company report
Primo Billing Solutions Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Primo Billing Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Primo Billing Solutions Private Limited, buy the company report.

Financials of Primo Billing Solutions Private Limited

FY 2022 filings available

Primo Billing Solutions Private Limited reported revenue of ₹1.41 Cr (up 53% YoY) for FY 2022.

Revenue · FY 2022
₹1.41 Cr ▲ 53%
Net profit · FY 2022
₹2.99 Lakh margin 2.1%
EBITDA · FY 2022
₹5.91 Lakh margin 4.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▼ 25%
5 years · compounded
▲ 53%

Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 53% growth in the latest year. EBITDA rose 46% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹5.91 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.99 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin4.2%
Net Profit Margin2.1%
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

To see the full financial statements and ratios of Primo Billing Solutions Private Limited, buy the company report.

Board of directors of Primo Billing Solutions Private Limited

Primo Billing Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pandiyan BalajiDirector06 Jul 201610 Years 3 MonthsCurrent
Poonguzhali SelvakumarDirector01 Jun 20188 Years 4 MonthsCurrent

Auditor

Primo Billing Solutions Private Limited is audited by E MUTHUSAMI AND CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
E MUTHUSAMI AND COFY 2017012494S

Shareholding

The shareholding of Primo Billing Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Primo Billing Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Primo Billing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Primo Billing Solutions Private Limited has a workforce of 36 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
36
Active EPFO establishments
1
Employee growth
5.88%

GST

Primo Billing Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAICP6940M1Z0Tamil NaduActive01 Dec 2018

To see the full GST registrations and return filing status of Primo Billing Solutions Private Limited, buy the company report.

Recent activity

Primo Billing Solutions Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Varadarajan Vaidehi ceased to be Director on 01 Aug 2018.

AGM
Primo Billing Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Primo Billing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Ceased
Varadarajan Vaidehi ceased to be Director.
Appointed
Poonguzhali Selvakumar was appointed as Director.
Appointed
Pandiyan Balaji was appointed as Director.
Incorporation
06 Jul 2016
Primo Billing Solutions Private Limited was registered on 06 Jul 2016 with Roc Chennai & aged 10 years 3 months as per MCA records.

Frequently asked questions

Primo Billing Solutions is an active private limited company based in Panruti, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 06 July 2016 (10+ years old) and is registered under CIN U72901TN2016PTC111317.

Primo Billing Solutions has 2 current directors:

The latest financial statements of Primo Billing Solutions 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 FY 2017 are in the company report.

The GSTIN of Primo Billing Solutions is 33AAICP6940M1Z0, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Primo Billing Solutions is U72901TN2016PTC111317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Primo Billing Solutions was incorporated on 06 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.

Varadarajan Vaidehi ceased to be Director on 01 Aug 2018. Poonguzhali Selvakumar was appointed as Director on 01 Jun 2018. Pandiyan Balaji was appointed as Director on 06 Jul 2016.

The registered office of Primo Billing Solutions is at Sf. No 175 Durai Nagar Serakuppam, Vadalur, Panruti, Tamil Nadu, India – 607303.

Primo Billing Solutions operates in the business outsourcing industry, in the business process outsourcing segment.

The compliance status of Primo Billing Solutions is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.