About Wisesource Solutions Private Limited
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Wisesource Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC115880. Its GSTIN is 33AABCW9815F2ZA (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.4 Lakh and a paid-up capital of ₹2.4 Lakh. It is led by directors including Kalidoss Senthil and Bhavinbhai Maheshkumar Chitaliya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Module 107 Nsic – Stp Complex Guindy Industrial Estate Ekkattuthangal, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.36 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹9.91 Lakh (net margin -11.1%) and EBITDA of -₹9.38 Lakh (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wisesources.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressModule 107 Nsic – Stp Complex Guindy Industrial Estate Ekkattuthangal, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Software Development & 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 Wisesource Solutions Private Limited
The business activities of Wisesource Solutions are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Wisesource Solutions Private Limited FY 2023 filings available
Wisesource Solutions Private Limited reported revenue of ₹89.36 Lakh (up 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Wisesource Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 23% growth in the latest year. EBITDA rose 49% 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 Wisesource Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.91 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 Wisesource Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.1% | •••• | •••• | •••• | •••• |
| 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 Wisesource Solutions are in the company report.
Financial statements from FY 2018
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 Wisesource Solutions Private Limited
Wisesource Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ocean Education and Research Centre Private Limited | ₹89.83 Lakh (FY 2019) | •••• | •••• | 11.0% | •••• | Navi Mumbai, Maharashtra, India |
| Digify Educational and Technologies Foundation | ₹89.77 Lakh (FY 2024) | •••• | •••• | 199.0% | •••• | Delhi, India |
| TTF Education Services Private Limited | ₹89.7 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| School of Communications and Reputation Private Limited | ₹89.44 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Zeiq Consultants Private Limited | ₹89.4 Lakh (FY 2023) | •••• | •••• | 44.0% | •••• | Thirunakkra, Kerala, India |
| Wisesource Solutions Private Limited this company | ₹89.36 Lakh (FY 2023) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Voir Project Management Private Limited | ₹89.24 Lakh (FY 2024) | •••• | •••• | 79.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Equad Engineering Services Private Limited | ₹89.24 Lakh (FY 2024) | •••• | •••• | 52.0% | •••• | Chennai, Tamil Nadu, India |
| Skypals21 Edprep Private Limited | ₹89.21 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Sites Learning India Private Limited | ₹89.19 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Moudgil Consulting Services Private Limited | ₹89.12 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Wisesource Solutions by revenue in the Education industry (Corporate and Commercial Training), 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 Wisesource Solutions Private Limited
Wisesource Solutions Private Limited is audited by V VISWANATHAN & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V VISWANATHAN & 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 Wisesource Solutions Private Limited
Wisesource Solutions 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 |
|---|---|---|---|---|
| Kalidoss Senthil Also directs: Wisetech Source Private Limited, Wiselearnz Private Limited | Director | 03 Apr 2017 | 9 Years 6 Months | Current |
| Bhavinbhai Maheshkumar Chitaliya | Director | 17 Jul 2019 | 7 Years 2 Months | Current |
| Leela Angeline Grace Christopher | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Wisesource 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 Wisesource Solutions Private Limited
Wisesource Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wisesource Solutions Private Limited
Wisesource Solutions Private Limited has a workforce of 0 employees as of Apr 09, 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 Wisesource Solutions Private Limited
Wisesource Solutions Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Leela Angeline Grace Christopher ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Wisesource 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 Wisesource 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 Wisesource 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 Wisesource Solutions Private Limited
Wisesource Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCW9815F2ZA | Tamil Nadu | 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 Wisesource 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 Wisesource Solutions Private Limited
Wisesource Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 03 April 2017 (9+ years old) and is registered under CIN U74999TN2017PTC115880.
Wisesource Solutions reported revenue of ₹89.36 Lakh for FY 2023 (up 23% YoY).
Wisesource Solutions has 3 current directors:
- Kalidoss Senthil - Director
- Bhavinbhai Maheshkumar Chitaliya - Director
- Leela Angeline Grace Christopher - Director
Wisesource Solutions reported a net loss of ₹9.91 Lakh (net margin -11.1%) and EBITDA of -₹9.38 Lakh (EBITDA margin -10.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wisesource Solutions is 3% over three years and 6% over five years. In the latest year (FY 2023) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wisesource Solutions is 33AABCW9815F2ZA, registered in Tamil Nadu. 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 Wisesource Solutions is U74999TN2017PTC115880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wisesource Solutions was incorporated on 03 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Wisesource Solutions by revenue are Ocean Education and Research Centre Private Limited, Digify Educational and Technologies Foundation, TTF Education Services Private Limited, School of Communications and Reputation Private Limited, Zeiq Consultants Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Leela Angeline Grace Christopher ceased to be Additional Director on 29 Sep 2024. Leela Angeline Grace Christopher was appointed as Director on 02 Aug 2024. Jeyaram Kanna Rajesh ceased to be Director on 08 May 2020. Wisesource Solutions has 6 board changes on record in total.
Wisesource Solutions can be reached through the website wisesources.com. Its registered office is in Chennai, Tamil Nadu, India.