MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0047083
Veract Consultancy Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.79 Lakh
▼ 16% YoY
Net profit · FY 2024
₹2.86 Lakh
Net margin 6.8%
EBITDA · FY 2024
₹4.39 Lakh
EBITDA margin 10.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Veract Consultancy Private Limited
Data last updated:
Veract Consultancy Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 19 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC112991. Its GSTIN is 33AAFCV7102E1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avinash and Srikanthan Preethy.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.17 Tansi Nagar 1st Street Velachery, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.79 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.86 Lakh (net margin 6.8%) and EBITDA of ₹4.39 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 74% over five years.
The company is associated with 1 brand: Veract.
Veract Consultancy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0047083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veractconsultancy.in.
Company details
CIN U74999TN2016PTC112991
Registration Number 112991
Incorporation Date 19 October 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0047083
Key People
Avinash Director Srikanthan Preethy Director Recognitions & Rankings of Veract Consultancy
Contact details
Veract Consultancy Private Limited's registered office is in Chennai, Tamil Nadu. Its website is veractconsultancy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.17 Tansi Nagar 1st Street Velachery, Chennai, Tamil Nadu, India – 600042
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Veract Consultancy Private Limited, buy the company report.
Comprehensive company report
Veract Consultancy Private Limited - one report that includes everything
- 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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Brands
Veract Consultancy operates one associated brand: Veract. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Custom software development services in web, mobile, AI, and ML technologies. | veractconsultancy.in |
Business activity
The main business activity of Veract Consultancy is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Veract Consultancy Private Limited, buy the company report.
Financials of Veract Consultancy Private Limited
FY 2025 filings availableVeract Consultancy Private Limited reported revenue of ₹41.79 Lakh (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹41.79 Lakh ▼ 16%
Net profit · FY 2024
₹2.86 Lakh margin 6.8%
EBITDA · FY 2024
₹4.39 Lakh margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 41%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▼ 70%
3 years · compounded
▲ 111%
5 years · compounded
▲ 17%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 74%. EBITDA fell 70% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.39 Lakh | ||||
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| Net Profit (PAT) | ₹2.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veract Consultancy Private Limited, buy the company report.
Board of directors of Veract Consultancy Private Limited
Veract Consultancy has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
| Srikanthan Preethy | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Veract Consultancy Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valuestack Global Private Limited | ₹41.8 Lakh (FY 2021) | 388.0% | Thiruvananthapuram, Kerala, India | |||
| Rook Technologies Private Limited | ₹41.8 Lakh (FY 2025) | -48.0% | Chennai, Tamil Nadu, India | |||
| Veract Consultancy Private Limitedthis company | ₹41.79 Lakh (FY 2024) | ₹2.86 Lakh | 6.8% | -16.0% | Chennai, Tamil Nadu, India | |
| Eneoteric Consultancy Services Private Limited | ₹41.77 Lakh (FY 2024) | 856.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Veract Consultancy Private Limited, buy the company report.
Auditor
Veract Consultancy Private Limited is audited by SUBASHINI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBASHINI & ASSOCIATES | FY 2017 | 222404 |
Shareholding
The shareholding of Veract Consultancy Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Veract Consultancy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veract Consultancy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veract Consultancy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veract Consultancy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV7102E1ZQ | Tamil Nadu | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Veract Consultancy Private Limited, buy the company report.
Recent activity
Veract Consultancy Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Avinash was appointed as Director on 19 Oct 2016.
AGM
Veract Consultancy Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Veract Consultancy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Avinash was appointed as Director.
Appointed
Srikanthan Preethy was appointed as Director.
Incorporation
19 Oct 2016
Veract Consultancy Private Limited was registered on 19 Oct 2016 with Roc Chennai & aged 10 years 13 days as per MCA records.
Frequently asked questions
Veract Consultancy is an active private limited company based in Chennai, Tamil Nadu, India. The company works in computer programming, within the information technology industry. It was incorporated on 19 October 2016 (10+ years old) and is registered under CIN U74999TN2016PTC112991.
Veract Consultancy has 2 current directors:
- Avinash - Director
- Srikanthan Preethy - Director
The latest financial statements of Veract Consultancy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Veract Consultancy is 33AAFCV7102E1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Veract Consultancy is U74999TN2016PTC112991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veract Consultancy was incorporated on 19 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Veract Consultancy by revenue are Valuestack Global Private Limited, Rook Technologies Private Limited, Eneoteric Consultancy Services Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Avinash was appointed as Director on 19 Oct 2016. Srikanthan Preethy was appointed as Director on 19 Oct 2016.
Yes, Veract Consultancy is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0047083).
Veract Consultancy can be reached through the website veractconsultancy.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Veract Consultancy is at No.17 Tansi Nagar 1st Street Velachery, Chennai, Tamil Nadu, India – 600042.
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