Key Metrics of Perfectus Technology Solutions Private Limited
About Perfectus Technology Solutions Private Limited
Sectors
Company details
Operational Areas of Perfectus Technology Solutions Private Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 19 Mar 2026 | ICRA | Assigned | BB+ | — | Stable | ₹200 Cr | View |
Credit strengths (ICRA, Mar 2026)
+ Healthy occupancy level for Phase I of project; adequate leverage
The asset, iHub Tech Park Phase I with a total leasable area of 1.1 lsf has been operational for more than four years and is fully leased out as on date along with a reputed tenant profile including IBM, PwC, Grant Thorton, and Honda among others.
Credit challenges
− Exposure to project execution, funding and market risk for Phase II of project
The rating is constrained by the Phase II project’s exposure to execution and funding risks, with only 12% of budgeted cost incurred as of February 2026 and the entire debt yet to be tied up for the project.
Could lead to an upgrade
ICRA could upgrade the ratings if the company maintains healthy occupancy for Phase I and achieves significant leasing progress at adequate rental rates for Phase II of the project, with adequate debt protection metrics on sustained basis.
Could lead to a downgrade
Pressure on the rating could rise in case of any material delay in rental collections or significant decline in occupancy levels/rental rates for Phase I, or a significant increase in indebtedness, resulting in weakening of debt protecti on metrics and the
Agency-reported financials (ICRA, 19 Mar 2026)
| Metric | FY2024 | FY2025 |
|---|---|---|
| Operating income (OI) | ₹6.40 Cr | ₹8.00 Cr |
| PAT | ₹1.40 Cr | ₹1.10 Cr |
| OPBDIT/OI | 45.9% | 43.2% |
| PAT/OI | 21.8% | 14.1% |
| Total outside liabilities/Tangible net worth (times) | 0.70× | 1.30× |
| Total debt/OPBDIT (times) | 3.40× | 6.70× |
| Interest coverage (times) | 237.40× | 7.70× |
| Revenue growth (YoY) | — | 25.0% |
| EBITDA (margin × income) | ₹2.94 Cr | ₹3.46 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹10.00 Cr | ₹23.18 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹0.01 Cr | ₹0.45 Cr |
Borrowings & rated debt
Facility mix
Maturity ladder
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term – Fund-based – Term loan | Term loans | — | ₹200 Cr | — | BB+ (Stable) | Assigned | ICRA |
Debt instruments
| ISIN | Instrument | Type | Coupon | Issued | Maturity | Amount | Rating | Status |
|---|---|---|---|---|---|---|---|---|
| — | Term loan I FY FY | Term loans | — | 31 Mar 2026 | 31 Mar 2041 | ₹58.5 Cr | BB+ | Outstanding |
Credit assessment · Services
Rating Methodology – Service Sector Companies · Standalone accounts · FY 2024-25
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 56% |
| Information on file | 44% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Debt obligations and repayment schedule, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 52% chance the next rating action is stable or better
- Current rating BB+ (below investment grade)
- Interest coverage 7.7×
Rated limits by facility
Timeline
From the report
The rating further considers the vulnerability of its debt coverage metrics to factors such as changes in interest rates or reduction in occupancy levels Liquidity position: Adequate The company’s liquidity profile is adequate with cash and bank balance of Rs. 12.9 crore as of March 31, 2025.
From the report
This along with the existing liquidity and promoter infusion are expected to be adequate to fund the pending project cost of Rs. 145.1 crore as on December 31, 2025.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Perfectus Technology Solutions Private Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Infosys |
IT Services & Consulting · IT Services | infosys.com | 1981 | India |
 Wipro |
Part of Wipro. | wipro.com | 1945 | India |
 Tata Consultancy Services |
Indian IT Services · IT Services & Software | tcs.com | 1968 | Mumbai, India |
 HCL Technologies |
Indian IT Services · IT Services & Software | hcltech.com | 1991 | New Delhi, India |
 Tech Mahindra |
IT Services & Consulting · IT Services | techmahindra.com | 1987 | Mumbai, India |
 LTM Limited |
Indian IT Services · Business Services | ltm.com | 1997 | Mumbai, Maharashtra, India |
 Coforge Limited |
Travel & Tourism · Restaurants, Hotels & Travel | coforge.com | — | Gurugram, Haryana, India |
 Mphasis |
Indian IT Services · IT Services & Software | mphasis.com | 2000 | Bangalore, India |
 Persistent Systems |
IT Services & Consulting · IT Services | persistent.com | 1990 | Pune, India |
 Meesho |
Product & Internet Companies · IT Services & Software | meesho.com | — | Bangalore, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.