About Promaestro Techsource Private Limited
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Promaestro Techsource Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 23 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2008PTC061167.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23 Lakh. It is led by directors Repanna Srilatha and Venkatasanthosh Rudrala.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Office 09 Level 1 Lorven Tiara Building Survey No. 34 Kondapur, Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.06 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹9.08 Lakh (net margin -47.6%) and EBITDA of -₹8.93 Lakh (EBITDA margin -46.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 4% over five years.
The company is associated with 1 brand: Promaestro Techsource.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promaestrotechsource.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice 09 Level 1 Lorven Tiara Building Survey No. 34 Kondapur, Hyderabad, Telangana, India – 500084
- IndustryInformation Technology, Software Development & Support Services, IT Consulting & Support Services
- 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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Business Activity of Promaestro Techsource Private Limited
The main business activity of Promaestro Techsource is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Promaestro Techsource Private Limited FY 2020 filings available
Promaestro Techsource Private Limited reported revenue of ₹19.06 Lakh (down 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Promaestro Techsource Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 24% fall 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 Promaestro Techsource Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹19.06 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.08 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Promaestro Techsource Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -46.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -47.6% | •••• | •••• | •••• | •••• |
| 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 Promaestro Techsource 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.
Peer Comparison of Promaestro Techsource Private Limited
Promaestro Techsource Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services, Online Service Providers, Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shinetech Labs Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Samsara Consultants Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Tekbos Business Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Orangecells Innovation Lab Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Agile Testing Alliance Worldwide Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Promaestro Techsource Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Gleez Technologies Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Cupid Software Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Ambala Cantt, Haryana, India |
| Hardesh Investment and Trading Company Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Solvit Sense Advisors Private Limited | •••• | •••• | •••• | •••• | - | Udaipur, Rajasthan, India |
| Slantco International Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Promaestro Techsource by revenue in the Information Technology industry (IT Consulting and Services, Online Service Providers, Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Promaestro Techsource Private Limited
Promaestro Techsource Private Limited is audited by B N R ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B N R 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.
Board of Directors of Promaestro Techsource Private Limited
Promaestro Techsource has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Repanna Srilatha | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
| Venkatasanthosh Rudrala | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Promaestro Techsource 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 Promaestro Techsource Private Limited
Promaestro Techsource Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Promaestro Techsource Private Limited
Promaestro Techsource operates one associated brand: Promaestro Techsource. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services including consulting, cloud computing, and web development are provided in Hyderabad. | promaestrotechsource.com |
Employees and EPFO Compliance at Promaestro Techsource Private Limited
Promaestro Techsource Private Limited has a workforce of 0 employees as of Apr 06, 2024.
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.
CIN History of Promaestro Techsource Private Limited
Promaestro Techsource has one previous CIN (Corporate Identification Number): U74900AP2008PTC061167. The current CIN is U74900TG2008PTC061167, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2008PTC061167 | Current |
| U74900AP2008PTC061167 | Previous |
Recent Activity on Promaestro Techsource Private Limited
Promaestro Techsource Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Lakshmi Vadlamudi ceased to be Director on 07 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Promaestro Techsource 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 Promaestro Techsource 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 Promaestro Techsource 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 Promaestro Techsource 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 Promaestro Techsource 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 Promaestro Techsource Private Limited
Promaestro Techsource is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 23 September 2008 (18+ years old) and is registered under CIN U74900TG2008PTC061167.
Promaestro Techsource reported revenue of ₹19.06 Lakh for FY 2020 (down 24% YoY).
Promaestro Techsource has 2 current directors:
- Repanna Srilatha - Director
- Venkatasanthosh Rudrala - Director
Promaestro Techsource reported a net loss of ₹9.08 Lakh (net margin -47.6%) and EBITDA of -₹8.93 Lakh (EBITDA margin -46.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Promaestro Techsource is -24% over three years and -4% over five years. In the latest year (FY 2020) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Promaestro Techsource is U74900TG2008PTC061167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promaestro Techsource was incorporated on 23 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Promaestro Techsource by revenue are Shinetech Labs Private Limited, Samsara Consultants Private Limited, Tekbos Business Solutions India Private Limited, Orangecells Innovation Lab Private Limited, Agile Testing Alliance Worldwide Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services, Online Service Providers, Software Services).
Lakshmi Vadlamudi ceased to be Director on 07 Oct 2021. Praveen Vadlamudi ceased to be Director on 07 Oct 2021. Repanna Srilatha was appointed as Director on 07 Oct 2021. Promaestro Techsource has 4 board changes on record in total.
Promaestro Techsource can be reached through the website promaestrotechsource.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Promaestro Techsource is at Office 09 Level 1 Lorven Tiara Building Survey No. 34 Kondapur, Hyderabad, Telangana, India – 500084.