Vertex Professional Services Private Limited
About Vertex Professional Services Private Limited
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Vertex Professional Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 18 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1990PTC020041. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Lcs Professional Services Private Limited. It is led by directors including Arulanantham Ramanathan and Tiruvasaloor Venkataraman Ravichandran.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Old No. 7 New No 11 Viswanathan Street R A Puram, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2020, the company reported a revenue of ₹72,856, a growth of 70% compared to the previous year. For the same year it recorded a net loss of ₹50,599 (net margin -69.5%) and EBITDA of -₹1.2 Lakh (EBITDA margin -164.9%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹2.82 Lakh and satisfied charges of ₹2.82 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vertex Professional Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressOld No. 7 New No 11 Viswanathan Street R A Puram, Chennai, Tamil Nadu, India – 600028
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Vertex Professional Services Private Limited, buy the company report.
- 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
Financials of Vertex Professional Services Private Limited
FY 2022 filings availableVertex Professional Services Private Limited reported revenue of ₹72,856 (up 70% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 70% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹72,856 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50,599 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -164.9% | ||||
| Net Profit Margin | -69.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vertex Professional Services Private Limited, buy the company report.
Board of directors of Vertex Professional Services Private Limited
Vertex Professional Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tiruvasaloor Venkataraman Ravichandran | Additional Director | 28 Jul 2017 | 9 Years 2 Months | Current |
| Prabhu Also directs: Arpt Corporate Services Private Limited | Additional Director | 28 Jul 2017 | 9 Years 2 Months | Current |
| Arulanantham Ramanathan | Director | 28 Dec 2017 | 8 Years 9 Months | Current |
Auditor
Vertex Professional Services Private Limited is audited by S. VENKAKTESH AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. VENKAKTESH AND ASSOCIATES | FY 2020 | 019007S |
Shareholding
The shareholding of Vertex Professional Services Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vertex Professional Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2005 | 90289538 | Sundaram Finance Limited | ₹81,980 | Satisfied | |
| 02 Apr 2004 | 90284274 | City Union Bank Ltd. | ₹2 Lakh | Satisfied |
To see the full charge records of Vertex Professional Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vertex Professional Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Vertex Professional Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vertex Professional Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vertex Professional Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vertex Professional Services Private Limited, buy the company report.
Recent activity
Vertex Professional Services Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Arulanantham Ramanathan was appointed as Director on 28 Dec 2017.
1 earlier event is in the company report.
Frequently asked questions
Vertex Professional Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 18 December 1990 (36+ years old) and is registered under CIN U65991TN1990PTC020041.
Vertex Professional Services has 3 current directors:
- Tiruvasaloor Venkataraman Ravichandran - Additional Director
- Prabhu - Additional Director
- Arulanantham Ramanathan - Director
The latest financial statements of Vertex Professional Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Vertex Professional Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vertex Professional Services is U65991TN1990PTC020041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertex Professional Services has 1 court case on record: 1 filed against it. 1 is pending.
Vertex Professional Services was incorporated on 18 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.
Arulanantham Ramanathan was appointed as Director on 28 Dec 2017. Y Jayashankar ceased to be Director on 20 Sep 2017. Yagnaraman Balaji ceased to be Director on 20 Sep 2017. Vertex Professional Services has 6 board changes on record in total.
The registered office of Vertex Professional Services is at Old No. 7 New No 11 Viswanathan Street R A Puram, Chennai, Tamil Nadu, India – 600028.
Vertex Professional Services operates in the business outsourcing industry, in the business and IT consulting segment.