MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-RJ-17-0080894
Circulant Software Private Limited - information technology in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.8 Cr
▲ 22% YoY
Net profit · FY 2025
₹49.9 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹95.05 Lakh
EBITDA margin 6.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
99
Provident fund records
Directors on board
2
As per MCA filings
About Circulant Software Private Limited
Data last updated:
Circulant Software Private Limited is a private limited company based in Jaipur, Rajasthan, India, a subsidiary of Circulant Solutions Inc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2018PTC063094. Its GSTIN is 08AAHCC8772B1ZK (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ritu Khichar and Naresh Kumar.
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 Plot No. 71 Bhanwar Nagar Behind Engineers Colony Near Mansarover Metro Station, Jaipur, Rajasthan, India – 302020.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.8 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹49.9 Lakh (net margin 3.4%) and EBITDA of ₹95.05 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 51% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Circulants.
Circulant Software Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0080894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website circulants.com.
Company details
CIN U72900RJ2018PTC063094
Registration Number 063094
Incorporation Date 26 November 2018
ROC Jaipur
Listing Status Unlisted
Company Status Active
Parent Company Circulant Solutions Inc
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-RJ-17-0080894
Key People
Ritu Khichar Director Naresh Kumar Director Recognitions & Rankings of Circulant Software
Contact details
Circulant Software Private Limited's registered office is in Jaipur, Rajasthan. Its website is circulants.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 71 Bhanwar Nagar Behind Engineers Colony Near Mansarover Metro Station, Jaipur, Rajasthan, India – 302020
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Circulant Software Private Limited, buy the company report.
Comprehensive company report
Circulant Software 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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Brands
Circulant Software operates one associated brand: Circulants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT solutions, data management, cloud services, and analytics for pharma operations. | circulants.com |
Business activity
The main business activity of Circulant Software 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Circulant Software Private Limited, buy the company report.
Financials of Circulant Software Private Limited
FY 2025 filings availableCirculant Software Private Limited reported revenue of ₹14.8 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹14.8 Cr ▲ 22%
Net profit · FY 2025
₹49.9 Lakh margin 3.4%
EBITDA · FY 2025
₹95.05 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 39%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 68%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 22% growth in the latest year. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹95.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.9 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Circulant Software Private Limited, buy the company report.
Board of directors of Circulant Software Private Limited
Circulant Software has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Khichar Also directs: Isd Builders and Developers LLP, Bossai Tech Private Limited | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
| Naresh Kumar Also directs: Isd Builders and Developers LLP, Bossai Tech Private Limited | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Circulant Software Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Software A G India Sales Private Limited | ₹14.92 Cr (FY 2025) | -51.0% | Bangalore, Karnataka, India | |||
| Dievas Technologies Private Limited | ₹14.8 Cr (FY 2025) | 23.0% | Noida, Uttar Pradesh, India | |||
| Circulant Software Private Limitedthis company | ₹14.8 Cr (FY 2025) | ₹49.9 Lakh | 3.4% | 22.0% | 99 | Jaipur, Rajasthan, India |
| Attinad Software Private Limited | ₹14.76 Cr (FY 2019) | 12.0% | Thiruvananthapuram, Kerala, India | |||
| Beeworks Softwares Private Limited | ₹14.74 Cr (FY 2025) | 222.0% | Pune, Maharashtra, India |
To see the full peer comparison of Circulant Software Private Limited, buy the company report.
Auditor
Circulant Software Private Limited is audited by Prakash Birla & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prakash Birla & Associates | FY 2023 | 020621C |
Shareholding
The shareholding of Circulant Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Circulant Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Circulant Software 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 Circulant Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Circulant Software Private Limited has a workforce of 99 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
99
Active EPFO establishments
1
Employee growth
2.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 99 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Circulant Software Private Limited, buy the company report.
GST
Circulant Software has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCC8772B1ZK | Rajasthan | Active | 11 Dec 2018 |
| 27AAHCC8772B1ZK | Maharashtra | Active | 20 Jun 2023 |
To see the full GST registrations and return filing status of Circulant Software Private Limited, buy the company report.
Recent activity
Circulant Software Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Naresh Kumar was appointed as Director on 26 Nov 2018.
AGM
Circulant Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Circulant Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Appointed
Naresh Kumar was appointed as Director.
Appointed
Ritu Khichar was appointed as Director.
Incorporation
26 Nov 2018
Circulant Software Private Limited was registered on 26 Nov 2018 with Roc Jaipur & aged 7 years 11 months as per MCA records.
Frequently asked questions
Circulant Software is an active private limited company based in Jaipur, Rajasthan, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 November 2018 (8+ years old) and is registered under CIN U72900RJ2018PTC063094.
Circulant Software has 2 current directors:
- Ritu Khichar - Director
- Naresh Kumar - Director
The latest financial statements of Circulant Software 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 2019 are in the company report.
The GSTIN of Circulant Software is 08AAHCC8772B1ZK, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCC8772B1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Circulant Software is U72900RJ2018PTC063094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Circulant Software was incorporated on 26 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Circulant Software by revenue are Software A G India Sales Private Limited, Dievas Technologies Private Limited, Attinad Software Private Limited, Beeworks Softwares Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Naresh Kumar was appointed as Director on 26 Nov 2018. Ritu Khichar was appointed as Director on 26 Nov 2018.
Yes, Circulant Software is registered as an MSME under Udyam registration (number: UDYAM-RJ-17-0080894).
Circulant Software can be reached through the website circulants.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Circulant Software is at Plot No. 71 Bhanwar Nagar Behind Engineers Colony Near Mansarover Metro Station, Jaipur, Rajasthan, India – 302020.
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