Pierian Services Private Limited - Company overview

Pierian Services is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74140KA2002PTC031404). Business …

2002-12-27 Bangalore, Karnataka Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
4.00 cr
PAID-UP CAPITAL
3.61 cr
COMPANY AGE
23 Years 5 Months
since 2002-12-27
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
2
19.38 cr
SATISFIED CHARGES
3
4.39 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
View More ⌄
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
6
Updated: 2023-12-20 09:48:51

About Pierian Services

Pierian Services is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74140KA2002PTC031404). Business overview includes Business Outsourcing (Accounting and Financial Analysis), incorporated on December 27, 2002 (24+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2022, the company reported revenue of ₹78.41 Cr with a profit of ₹3.40 Cr. It has 3 active directors. The company employs approximately 1,866 people.

Accounting and Financial Analysis Business Process Outsourcing
  • Location N0.979,1St Floor,19Th Main13Th Cross B.S.K 2Nd Stage Bangalore, Bangalore, Karnataka - 560070
  • Website pierianservices.com
CIN / LLPINU74140KA2002PTC031404
Company No.031404
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2002-12-27
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Pierian Services

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

■ Revenue ■ P/L ■ EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

M
MANISH AGGARWAL
Director | Since 2018-04-06
C
CHETAN VENUGOPAL
Whole-time director | Since 2016-08-29
K
KANATHUR GURUNATH NARASIMHAMURTHY
Whole-time director | Since 2016-08-29

Charges Overview

Others : 35.02 cr
The Karnataka Bank Limited : 88.50 Lakh
Axis Bank Limited : 49.70 Lakh
Open Charges: 2 Satisfied Charges: 3
Open 19.38 cr
Satisfied 4.39 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 24 Feb 2023
 49.70 Lakh Open
Others
Creation Date: 27 Sep 2018
 31.52 cr Open
The Karnataka Bank Limited
Creation Date: 29 Mar 2012
 49.50 Lakh Closed

Business Activity

Activity GroupDescriptionTurnover %
Professional, Scientific and Technical-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Pierian Services
What is CIN of Pierian Services?
The Corporate Identification Number (CIN) for Pierian Services is U74140KA2002PTC031404. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 031404 as per MCA.
When was Pierian Services incorporated?
Pierian Services was incorporated 23 years 5 months ago on 27 Dec 2002.
What is paid-up capital and authorised share capital of Pierian Services?
The paid-up capital of Pierian Services is ₹ 36,137,590.00 and authorised share capital is ₹ 40,000,000.00.
Who are the current board members and directors of Pierian Services?
Currently 3 directors are associated with Pierian Services: Manish Aggarwal, Chetan Venugopal, Kanathur Gurunath Narasimhamurthy.
  • Manish Aggarwal
  • Chetan Venugopal
  • Kanathur Gurunath Narasimhamurthy
What is the registered address of Pierian Services?
As per Ministry of Corporate Affairs (MCA), the registered address of Pierian Services is N0.979,1St Floor,19Th Main13Th Cross B.S.K 2Nd Stage Bangalore, Bangalore, Karnataka, 560070, India.
What is the official website of Pierian Services?
The official website of Pierian Services is https://pierianservices.com.
What is the ROC code of Pierian Services?
Pierian Services ROC code is Roc Bangalore.
What is the company classification of Pierian Services?
Pierian Services is classified as Private Limited Indian Non-Government Company.
Pierian Services - is it listed or unlisted?
Pierian Services is a Unlisted company.
Does Pierian Services have subsidiaries?
Pierian Services has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Pierian Services?
Pierian Services is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Pierian Services associated with?
Pierian Services lists activity aligned with: Business Outsourcing - Accounting and Financial Analysis - Professional, Scientific and Technical. See the Overview and Competition sections for fuller industry context.
How many employees does Pierian Services have?
Available records indicate roughly 1,866 employees for Pierian Services. Confirm against filings and EPFO-related signals on the profile where shown.
Does Pierian Services have GST registrations on file?
Pierian Services shows 6 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Pierian Services?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Pierian Services.
How do I contact Pierian Services?
Use the official website at https://pierianservices.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Pierian Services?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Pierian Services?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Pierian Services (last filed snapshot)?
As per the latest financial snapshot on file for FY 2022, net worth is about ₹ 17.27 Cr. Verify figures on the Financial tab and supporting filings.