Tesseract Solutions Private Limited
About Tesseract Solutions Private Limited
Data last updated:
Tesseract Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business support services segment of the business services sector. It was incorporated on 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC288799. Its GSTIN is 27AAGCT0484Q1ZO (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Chetan Rao and Swapnil Govind Prabhu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.92 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹14.36 Lakh (net margin 25.2%) and EBITDA of ₹16.6 Lakh (EBITDA margin 29.2%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 11% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social Media
- Registered Address10 3rd Floor Plot No. 205 Heera Court Lady Jamshedji Road Cityli, Ght Cinema, Mumbai, Maharashtra, India – 400016
- IndustryBusiness Services, Business 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
- One PDF report, delivered after checkout
Business Activity of Tesseract Solutions Private Limited
The main business activity of Tesseract Solutions is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information 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 Tesseract Solutions Private Limited FY 2025 filings available
Tesseract Solutions Private Limited reported revenue of ₹56.92 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tesseract Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 69% fall in the latest year. EBITDA fell 5% 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 Tesseract 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 | ₹16.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.36 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 Tesseract Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.2% | •••• | •••• | •••• | •••• |
| 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 Tesseract Solutions are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Tesseract Solutions Private Limited
Tesseract Solutions Private Limited is audited by BHAVIK PALAN & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHAVIK PALAN & 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 Tesseract Solutions Private Limited
Tesseract Solutions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Rao Also directs: Exceliq Consulting (India) Private Limited | Director | 15 Jan 2020 | 6 Years 8 Months | Current |
| Swapnil Govind Prabhu Also directs: Mapexs Export Private Limited | Director | 28 Mar 2017 | 9 Years 6 Months | Current |
| Abhijit Ravindra Chavan | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Tesseract 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 Tesseract Solutions Private Limited
Tesseract Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tesseract Solutions Private Limited
Tesseract Solutions Private Limited has a workforce of 5 employees as of Apr 08, 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.
Recent Activity on Tesseract Solutions Private Limited
Tesseract Solutions Private Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Chetan Rao ceased to be Additional Director on 10 Nov 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tesseract 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 Tesseract 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 Tesseract 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 Tesseract Solutions Private Limited
Tesseract Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT0484Q1ZO | Maharashtra | Active | 10 Dec 2018 |
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 Tesseract 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 Tesseract Solutions Private Limited
Tesseract Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 22 December 2016 (10+ years old) and is registered under CIN U74999MH2016PTC288799.
Tesseract Solutions reported revenue of ₹56.92 Lakh for FY 2025 (down 69% YoY).
Tesseract Solutions has 3 current directors:
- Chetan Rao - Director
- Swapnil Govind Prabhu - Director
- Abhijit Ravindra Chavan - Director
Tesseract Solutions reported a net profit of ₹14.36 Lakh (net margin 25.2%) and EBITDA of ₹16.6 Lakh (EBITDA margin 29.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tesseract Solutions is -45% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tesseract Solutions is 27AAGCT0484Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tesseract Solutions is U74999MH2016PTC288799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tesseract Solutions was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Rao ceased to be Additional Director on 10 Nov 2020. Chetan Rao was appointed as Director on 15 Jan 2020. Deepak Shridhar Satam ceased to be Director on 15 Jan 2020. Tesseract Solutions has 10 board changes on record in total.
Yes, Tesseract Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).