MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0233473
Cartenetics Solutions Private Limited
Cartenetics Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.34 Cr
▼ 27% YoY
Net profit · FY 2025
₹29.04 Lakh
Net margin 4.6%
EBITDA · FY 2025
₹51.03 Lakh
EBITDA margin 8%
Authorised capital
₹10.11 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
35
Provident fund records
Directors on board
3
As per MCA filings
About Cartenetics Solutions Private Limited
Data last updated:
Cartenetics Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cartesian Kinetics Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC160271. Its GSTIN is 29AAKCC2516Q1Z4 (Karnataka).
The company has an authorised share capital of ₹10.11 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Jayendran Balasubramanian and Veena Radhakrishna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 355/32 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.34 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹29.04 Lakh (net margin 4.6%) and EBITDA of ₹51.03 Lakh (EBITDA margin 8%).
The company has about 35 employees on its provident fund (EPFO) records.
Cartenetics Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0233473).
Company details
CIN U72900KA2022PTC160271
Registration Number 160271
Incorporation Date 20 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Cartesian Kinetics Inc
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0233473
Key People
Jayendran Balasubramanian Director Veena Radhakrishna Director Nagarajan Raghunandan Director Recognitions & Rankings of Cartenetics Solutions
Contact details
Cartenetics Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 355/32 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cartenetics Solutions Private Limited, buy the company report.
Comprehensive company report
Cartenetics Solutions 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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Business activity
The main business activity of Cartenetics Solutions 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cartenetics Solutions Private Limited, buy the company report.
Financials of Cartenetics Solutions Private Limited
FY 2025 filings availableCartenetics Solutions Private Limited reported revenue of ₹6.34 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹6.34 Cr ▼ 27%
Net profit · FY 2025
₹29.04 Lakh margin 4.6%
EBITDA · FY 2025
₹51.03 Lakh margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
EBITDA CAGR growth
1 year
▼ 23%
Revenue fell 27% in the latest year. EBITDA fell 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹51.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹29.04 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 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8% | ||
| Net Profit Margin | 4.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Cartenetics Solutions Private Limited, buy the company report.
Board of directors of Cartenetics Solutions Private Limited
Cartenetics Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayendran Balasubramanian Also directs: Nextfirst Engineering Technologies Private Limited | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Veena Radhakrishna Also directs: Nextfirst Engineering Technologies Private Limited | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Nagarajan Raghunandan | Director | 25 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Cartenetics Solutions Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Elintsys Technologies India Private Limited | ₹6.35 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Plainsurf Solutions Private Limited | ₹6.34 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Dharani Info Technologies Private Limited | ₹6.34 Cr (FY 2025) | 11.0% | Guntur, Andhra Pradesh, India | |||
| Infaworx Data Management Services Private Limited | ₹6.34 Cr (FY 2025) | 30.0% | Thoothoor, Tamil Nadu, India | |||
| Cartenetics Solutions Private Limitedthis company | ₹6.34 Cr (FY 2025) | ₹29.04 Lakh | 4.6% | -27.0% | 35 | Bangalore, Karnataka, India |
| Qik Commerce Software Services Private Limited | ₹6.33 Cr (FY 2025) | -3.0% | Anantapur, Andhra Pradesh, India |
To see the full peer comparison of Cartenetics Solutions Private Limited, buy the company report.
Auditor
Cartenetics Solutions Private Limited is audited by ANANTHAN AND SUNDARAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANTHAN AND SUNDARAM | FY 2023 | 000148S |
Shareholding
The shareholding of Cartenetics Solutions Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Cartenetics Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cartenetics Solutions 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 Cartenetics Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cartenetics Solutions Private Limited has a workforce of 35 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
12.9%
GST
Cartenetics Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCC2516Q1Z4 | Karnataka | Active | 13 May 2022 |
To see the full GST registrations and return filing status of Cartenetics Solutions Private Limited, buy the company report.
Recent activity
Cartenetics Solutions Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Nagarajan Raghunandan was appointed as Director on 25 Mar 2024.
AGM
Cartenetics Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cartenetics Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Nagarajan Raghunandan was appointed as Director.
Appointed
Jayendran Balasubramanian was appointed as Director.
Appointed
Veena Radhakrishna was appointed as Director.
Incorporation
20 Apr 2022
Cartenetics Solutions Private Limited was registered on 20 Apr 2022 with Roc Bangalore & aged 4 years 6 months as per MCA records.
Frequently asked questions
Cartenetics Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 April 2022 (4+ years old) and is registered under CIN U72900KA2022PTC160271.
Cartenetics Solutions has 3 current directors:
- Jayendran Balasubramanian - Director
- Veena Radhakrishna - Director
- Nagarajan Raghunandan - Director
The latest financial statements of Cartenetics Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Cartenetics Solutions is 29AAKCC2516Q1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Cartenetics Solutions is U72900KA2022PTC160271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cartenetics Solutions was incorporated on 20 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cartenetics Solutions by revenue are Elintsys Technologies India Private Limited, Plainsurf Solutions Private Limited, Dharani Info Technologies Private Limited, Infaworx Data Management Services Private Limited, Qik Commerce Software Services Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Nagarajan Raghunandan was appointed as Director on 25 Mar 2024. Jayendran Balasubramanian was appointed as Director on 20 Apr 2022. Veena Radhakrishna was appointed as Director on 20 Apr 2022.
Yes, Cartenetics Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0233473).
The registered office of Cartenetics Solutions is at No. 35532 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
Cartenetics Solutions operates in the information technology industry, in the application development and software solutions segment.
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