About Profizio IT Solutions Private Limited
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Profizio IT Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2007PTC065657. Its GSTIN is 33AADCC5043K1ZU (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.82 Lakh. It was formerly known as Cviac Consulting Private Limited. It is led by directors Muthusamy Kumaran (Managing Director) and Shanmugam Singaravelan.
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 Flat 1 Navagraha Apartments Door 47 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2021, the company reported a revenue of ₹86.1 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹43.04 Lakh (net margin -50%) and EBITDA of -₹31.08 Lakh (EBITDA margin -36.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cviac.com.
Company details
Contact details
Profizio IT Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is cviac.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat 1 Navagraha Apartments Door 47 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Profizio IT Solutions Private 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 Profizio IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Profizio IT Solutions Private Limited, buy the company report.
Financials of Profizio IT Solutions Private Limited
FY 2021 filings availableProfizio IT Solutions Private Limited reported revenue of ₹86.1 Lakh (down 55% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 159% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹86.1 Lakh | ||||
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| EBITDA | -₹31.08 Lakh | ||||
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| Net Profit (PAT) | -₹43.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -36.1% | ||||
| Net Profit Margin | -50% | ||||
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To see the full financial statements and ratios of Profizio IT Solutions Private Limited, buy the company report.
Board of directors of Profizio IT Solutions Private Limited
Profizio IT Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthusamy Kumaran | Managing Director | 01 Apr 2016 | 10 Years 6 Months | Current |
| Shanmugam Singaravelan | Additional Director | 30 Sep 2021 | 5 Years 0 Months | Current |
Peer comparison
Profizio IT Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intelliza Solutions Private Limited | ₹86.23 Lakh (FY 2024) | 99.0% | Thane, Maharashtra, India | |||
| SB Online Solutions Private Limited | ₹86.18 Lakh (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Profizio IT Solutions Private Limitedthis company | ₹86.1 Lakh (FY 2021) | -₹43.04 Lakh | -50% | -55.0% | Chennai, Tamil Nadu, India | |
| Infotronics Integrators (India) Private Limited | ₹86.04 Lakh (FY 2025) | 54.0% | Mumbai, Maharashtra, India | |||
| Lucideus Tech Private Limited | ₹85.9 Lakh (FY 2022) | -69.0% | New Delhi, Delhi, India |
To see the full peer comparison of Profizio IT Solutions Private Limited, buy the company report.
Auditor
Profizio IT Solutions Private Limited is audited by A S D R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S D R & ASSOCIATES | FY 2021 | 019621S |
Shareholding
The shareholding of Profizio IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Profizio IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Profizio IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Profizio IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Profizio IT Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCC5043K1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 33AADCC5043K2ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Profizio IT Solutions Private Limited, buy the company report.
Recent activity
Profizio IT Solutions Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Venkataraman Padmanabhan ceased to be Additional Director on 27 May 2023.
Frequently asked questions
Profizio IT Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 December 2007 (19+ years old) and is registered under CIN U74140TN2007PTC065657.
Profizio IT Solutions has 2 current directors:
- Muthusamy Kumaran - Managing Director
- Shanmugam Singaravelan - Additional Director
The latest financial statements of Profizio IT Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Profizio IT Solutions is 33AADCC5043K1ZU, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCC5043K2ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Profizio IT Solutions is U74140TN2007PTC065657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Profizio IT Solutions was incorporated on 07 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Profizio IT Solutions by revenue are Intelliza Solutions Private Limited, SB Online Solutions Private Limited, Infotronics Integrators (India) Private Limited, Lucideus Tech Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Venkataraman Padmanabhan ceased to be Additional Director on 27 May 2023. Kumaran Suriyabalaji ceased to be Additional Director on 06 Oct 2021. Sundaram Shrinath ceased to be Director on 06 Oct 2021. Profizio IT Solutions has 9 board changes on record in total.
Profizio IT Solutions can be reached through the website cviac.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Profizio IT Solutions is at Flat 1 Navagraha Apartments Door 47 Oliver Road Mylapore, Chennai, Tamil Nadu, India – 600004.
Profizio IT Solutions operates in the information technology industry, in the IT consulting and support services segment.