Readerstechlines Private Limited
About Readerstechlines Private Limited
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Readerstechlines Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 27 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U22219KA2018PTC115090. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Thippeswamy Rathnamma and Hombale Thippeswamy.
Its last annual general meeting (AGM) was held on 04 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 202 Kudlu Main Road Near Panchayathi Opp. Madiwala Post, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.98 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹2.1 Lakh (net margin -70.4%) and EBITDA of -₹3,840 (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
The company is associated with 1 brand: Readers Techlines.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 202 Kudlu Main Road Near Panchayathi Opp. Madiwala Post, Bangalore, Karnataka, India – 560068
- IndustryMedia and Publishing, Advertising Agencies & Media 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
- One PDF report, delivered after checkout
Business Activity of Readerstechlines Private Limited
The main business activity of Readerstechlines is professional, scientific and technical. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | 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 Readerstechlines Private Limited FY 2023 filings available
Readerstechlines Private Limited reported revenue of ₹2.98 Lakh (down 59% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Readerstechlines Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 59% fall in the latest year. EBITDA fell 103% 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 Readerstechlines Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.98 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3,840 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.1 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 Readerstechlines Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -70.4% | •••• | •••• | •••• | •••• |
| 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 Readerstechlines 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.
Peer Comparison of Readerstechlines Private Limited
Readerstechlines Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gratitude Healthcare Private Limited | ₹3.01 Lakh (FY 2024) | •••• | •••• | •••• | Aligarh, Uttar Pradesh, India | |
| I and E Advertising Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Antialias Ventures Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | New Delhi, Delhi, India |
| Ac Advertising and Marketing Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Guwahati, Assam, India |
| Avyarth Digital Solutions Private Limited | ₹2.99 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Telangana, India |
| Readerstechlines Private Limited this company | ₹2.98 Lakh (FY 2023) | •••• | •••• | -59.0% | •••• | Bangalore, Karnataka, India |
| Chevoot Digital Media Private Limited | ₹2.98 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | Faridabad, Haryana, India |
| Kris Mediaworks Private Limited | ₹2.97 Lakh (FY 2016) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Kipragno Technologies Private Limited | ₹2.94 Lakh (FY 2024) | •••• | •••• | 53.0% | •••• | Sitapur, Uttar Pradesh, India |
| Creatorup India Private Limited | ₹2.94 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Vaau Advertising Private Limited | ₹2.93 Lakh (FY 2021) | •••• | •••• | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Readerstechlines by revenue in the Media and Publishing industry (Advertising Agencies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Readerstechlines Private Limited
Readerstechlines Private Limited is audited by K A P G & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K A P G & 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 Readerstechlines Private Limited
Readerstechlines has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thippeswamy Rathnamma | Director | 27 Jul 2018 | 8 Years 2 Months | Current |
| Hombale Thippeswamy | Director | 27 Jul 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Readerstechlines 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 Readerstechlines Private Limited
Readerstechlines Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Readerstechlines Private Limited
Readerstechlines operates one associated brand: Readers Techlines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers web development and data analytics services to clients. | readerstechlines.com |
Employees and EPFO Compliance at Readerstechlines Private Limited
Employment history and EPFO contributions of people linked to Readerstechlines.
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 Readerstechlines Private Limited
Readerstechlines Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Hombale Thippeswamy was appointed as Director on 27 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Readerstechlines 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 Readerstechlines 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 Readerstechlines 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 Readerstechlines Private Limited
Readerstechlines has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Readerstechlines 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 Readerstechlines Private Limited
Readerstechlines is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 27 July 2018 (8+ years old) and is registered under CIN U22219KA2018PTC115090.
Readerstechlines reported revenue of ₹2.98 Lakh for FY 2023 (down 59% YoY).
Readerstechlines has 2 current directors:
- Thippeswamy Rathnamma - Director
- Hombale Thippeswamy - Director
Readerstechlines reported a net loss of ₹2.1 Lakh (net margin -70.4%) and EBITDA of -₹3,840 (EBITDA margin -1.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Readerstechlines is -58% over three years. In the latest year (FY 2023) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
No. Readerstechlines has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Readerstechlines is U22219KA2018PTC115090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Readerstechlines was incorporated on 27 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Readerstechlines by revenue are Gratitude Healthcare Private Limited, I and E Advertising Private Limited, Antialias Ventures Private Limited, Ac Advertising and Marketing Private Limited, Avyarth Digital Solutions Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Hombale Thippeswamy was appointed as Director on 27 Jul 2018. Thippeswamy Rathnamma was appointed as Director on 27 Jul 2018.
The registered office of Readerstechlines is at No. 202 Kudlu Main Road Near Panchayathi Opp. Madiwala Post, Bangalore, Karnataka, India – 560068.