Prudence Accounting Solutions Private Limited
About Prudence Accounting Solutions Private Limited
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Prudence Accounting Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 22 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC122602.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Sandeep Ramesh Sangaragallu and Shravankumar Mucharla Srinivas.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #685 #1 Sarvaboma Nagar Chikkalsandra, Bangalore, Karnataka, India – 560061.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.55 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Lakh (net margin -10.5%) and EBITDA of -₹1.63 Lakh (EBITDA margin -8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#685 #1 Sarvaboma Nagar Chikkalsandra, Bangalore, Karnataka, India – 560061
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 Prudence Accounting Solutions Private Limited
The main business activity of Prudence Accounting Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | 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 Prudence Accounting Solutions Private Limited FY 2024 filings available
Prudence Accounting Solutions Private Limited reported revenue of ₹20.55 Lakh (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prudence Accounting Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 42% growth in the latest year. EBITDA rose 52% 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 Prudence Accounting Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.17 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 of Prudence Accounting Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.5% | •••• | •••• | •••• | •••• |
| 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 Prudence Accounting Solutions are in the company report.
Financial statements from FY 2019
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 Prudence Accounting Solutions Private Limited
Prudence Accounting Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Ramesh Sangaragallu | Director | 22 Mar 2019 | 7 Years 6 Months | Current |
| Shravankumar Mucharla Srinivas Also directs: Ekofren Natural Products Private Limited | Director | 22 Mar 2019 | 7 Years 6 Months | Current |
Peer Comparison of Prudence Accounting Solutions Private Limited
Prudence Accounting Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Helios Marine Consultants Private Limited | ₹20.64 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Gurgaon, Haryana, India |
| Abraa Advisory Private Limited | ₹20.63 Lakh (FY 2024) | •••• | •••• | 3099.0% | •••• | Mohali, Punjab, India |
| Keyquest Advisory India Private Limited | ₹20.62 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Mirabhayandar, Maharashtra, India |
| Mahamani Plaza Private Limited | ₹20.61 Lakh (FY 2025) | •••• | •••• | 104.0% | •••• | Kolkata, West Bengal, India |
| Serve to Your Delight Private Limited | ₹20.58 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Prudence Accounting Solutions Private Limited this company | ₹20.55 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Surabhi Industrial Consultancy Private Limited | ₹20.54 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Dist.East Singhbhum, Jharkhand, India |
| Legalxindia Advisory Private Limited | ₹20.54 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Oneclick Business Solutions Private Limited | ₹20.53 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Backo Consultancy Services India Private Limited | ₹20.53 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Chennai, Tamil Nadu, India |
| Expro Commercial Private Limited | ₹20.46 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Prudence Accounting Solutions by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Prudence Accounting 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 Prudence Accounting Solutions Private Limited
Prudence Accounting Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prudence Accounting Solutions Private Limited
Employment history and EPFO contributions of people linked to Prudence Accounting 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 Prudence Accounting Solutions Private Limited
Prudence Accounting Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Sandeep Ramesh Sangaragallu was appointed as Director on 22 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Prudence Accounting 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 Prudence Accounting 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 Prudence Accounting 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 Prudence Accounting 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 Prudence Accounting 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 Prudence Accounting Solutions Private Limited
Prudence Accounting Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 22 March 2019 (7+ years old) and is registered under CIN U74999KA2019PTC122602.
Prudence Accounting Solutions reported revenue of ₹20.55 Lakh for FY 2025 (up 42% YoY).
Prudence Accounting Solutions has 2 current directors:
- Sandeep Ramesh Sangaragallu - Director
- Shravankumar Mucharla Srinivas - Director
Prudence Accounting Solutions reported a net loss of ₹2.17 Lakh (net margin -10.5%) and EBITDA of -₹1.63 Lakh (EBITDA margin -8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prudence Accounting Solutions is 15% over three years and 42% over five years. In the latest year (FY 2025) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Prudence Accounting Solutions is U74999KA2019PTC122602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prudence Accounting Solutions was incorporated on 22 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prudence Accounting Solutions by revenue are Helios Marine Consultants Private Limited, Abraa Advisory Private Limited, Keyquest Advisory India Private Limited, Mahamani Plaza Private Limited, Serve to Your Delight Private Limited and 5 more, all in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy).
Sandeep Ramesh Sangaragallu was appointed as Director on 22 Mar 2019. Shravankumar Mucharla Srinivas was appointed as Director on 22 Mar 2019.
The registered office of Prudence Accounting Solutions is at #685 #1 Sarvaboma Nagar Chikkalsandra, Bangalore, Karnataka, India – 560061.
Prudence Accounting Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000.