About TRC Solutions Private Limited
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TRC Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Magikminds International Inc. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 04 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC071529. Its GSTIN is 36AAGCM9157R1ZI (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60.35 Lakh. It was formerly known as Magikminds Software Services Private Limited. It is led by directors Mandar Dattatray Salunkhe and Srikanth Satya Siva Rama Subrahmanya Surya Kontheti Veera Venkata.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.42 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 3.8%) and EBITDA of ₹3.79 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 32% over five years.
The company has about 135 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MagikMinds.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magikminds.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOrbit 14th Floor Plot No 30/C, Sy No.83/1 Raidurg, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 TRC Solutions Private Limited
The main business activity of TRC Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 TRC Solutions Private Limited FY 2025 filings available
TRC Solutions Private Limited reported revenue of ₹54.42 Cr (up 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of TRC Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 73% growth in the latest year. EBITDA rose 43% 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 TRC 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 | ₹3.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.09 Cr | •••• | •••• | •••• | •••• |
| 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 TRC Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 TRC Solutions 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 TRC Solutions Private Limited
TRC Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BMG Informatics Private Limited | ₹54.67 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Guwahati, Assam, India |
| Sampradaa Software Technologies Private Limited | ₹54.6 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Bangalore, Karnataka, India |
| Onit India Private Limited | ₹54.52 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| PS Intelegencia Analytics Private Limited | ₹54.49 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Blue Jeans Network India Private Limited | ₹54.45 Cr (FY 2021) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
| TRC Solutions Private Limited this company | ₹54.42 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Hyderabad, Telangana, India |
| QSS Technosoft Private Limited | ₹54.35 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kurukshetra, Haryana, India |
| Informage Techno Solutions Private Limited | ₹54.19 Cr (FY 2024) | •••• | •••• | 184.0% | •••• | Gurugram, Haryana, India |
| V-Soft Consulting Corporation Private Limited | ₹54.15 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Braco Electricals (India) Private Limited | ₹54.12 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Alumnus Software Limited | ₹54.1 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below TRC Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 TRC Solutions Private Limited
TRC Solutions Private Limited is audited by G P ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G P 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 TRC Solutions Private Limited
TRC Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandar Dattatray Salunkhe | Director | 13 Nov 2023 | 2 Years 10 Months | Current |
| Srikanth Satya Siva Rama Subrahmanya Surya Kontheti Veera Venkata | Director | 11 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of TRC 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 TRC Solutions Private Limited
TRC Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with TRC Solutions Private Limited
TRC Solutions operates one associated brand: MagikMinds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Geographic information systems services are provided by MagikMinds. | magikminds.com |
Employees and EPFO Compliance at TRC Solutions Private Limited
TRC Solutions Private Limited has a workforce of 135 employees as of Mar 22, 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 TRC Solutions Private Limited
TRC Solutions has one previous CIN (Corporate Identification Number): U72200AP2010PTC071529. The current CIN is U72200TG2010PTC071529, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2010PTC071529 | Current |
| U72200AP2010PTC071529 | Previous |
Recent Activity on TRC Solutions Private Limited
TRC Solutions Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Mandar Dattatray Salunkhe ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for TRC 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 TRC 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 TRC 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 TRC Solutions Private Limited
TRC Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCM9157R1ZI | Telangana | Active | 01 Jul 2017 |
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 TRC 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 TRC Solutions Private Limited
TRC Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in computer programming, within the information technology industry. It was incorporated on 04 December 2010 (16+ years old) and is registered under CIN U72200TG2010PTC071529.
TRC Solutions reported revenue of ₹54.42 Cr for FY 2025 (up 73% YoY).
TRC Solutions has 2 current directors:
TRC Solutions reported a net profit of ₹2.09 Cr (net margin 3.8%) and EBITDA of ₹3.79 Cr (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of TRC Solutions is 33% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 73%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of TRC Solutions is 36AAGCM9157R1ZI, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of TRC Solutions is U72200TG2010PTC071529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TRC Solutions was incorporated on 04 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of TRC Solutions by revenue are BMG Informatics Private Limited, Sampradaa Software Technologies Private Limited, Onit India Private Limited, PS Intelegencia Analytics Private Limited, Blue Jeans Network India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Mandar Dattatray Salunkhe ceased to be Additional Director on 29 Sep 2024. Mandar Dattatray Salunkhe was appointed as Director on 13 Nov 2023. Satya Sita Mahalakshmi Tatavarthi ceased to be Director on 01 Apr 2017. TRC Solutions has 8 board changes on record in total.
TRC Solutions can be reached through the website magikminds.com. Its registered office is in Hyderabad, Telangana, India.