About Compete Systems Private Limited
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Compete Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 November 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2022PTC168301. Its GSTIN is 29AAKCC7199P1ZH (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Narayan Harish Kumar and Venkata Sesharao Guduri.
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 Shop No.4 1st Floor No.10/6 – 1 Trust Complex Dr Dvg Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.07 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹6.8 Lakh (net margin 6.4%) and EBITDA of ₹9.49 Lakh (EBITDA margin 8.9%).
The company is associated with 1 brand: Compete Systems.
For more details, the company can be reached via its website competesystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No.4 1st Floor No.10/6 – 1 Trust Complex Dr Dvg Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, IT Consulting & 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 Compete Systems Private Limited
The main business activity of Compete Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Compete Systems Private Limited FY 2025 filings available
Compete Systems Private Limited reported revenue of ₹1.07 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Compete Systems Private Limited
Revenue fell 38% in the latest year. EBITDA fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Compete Systems Private Limited
| 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 | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹9.49 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.8 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 Compete Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.9% | •••• | •••• |
| Net Profit Margin | 6.4% | •••• | •••• |
| 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 Compete Systems are in the company report.
Financial statements from FY 2023
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 Compete Systems Private Limited
Compete Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atulsia Technologies Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Thane, Maharashtra, India |
| Iquadra Information Technologies Private Limited | ₹1.07 Cr (FY 2019) | •••• | •••• | -48.0% | •••• | Hyderabed, Telangana, India |
| Computek IT Solutions (India) Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Gortnm Innovations Private Limited | ₹1.07 Cr (FY 2023) | •••• | •••• | 72.0% | •••• | Meerut, Uttar Pradesh, India |
| Safenames Solutions Private Limited | ₹1.07 Cr (FY 2023) | •••• | •••• | -26.0% | •••• | Bangalore, Karnataka, India |
| Compete Systems Private Limited this company | ₹1.07 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Bangalore, Karnataka, India |
| Qugates Technologies Private Limited | ₹1.07 Cr (FY 2024) | •••• | •••• | 20277.0% | •••• | Bangalore, Karnataka, India |
| Subh Smart Technologies Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Indore, Madhya Pradesh, India |
| Kshin Tech Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Karur, Tamil Nadu, India |
| Sancy Global Technologies Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Pune, Maharashtra, India |
| Softmeets Info Solutions Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Asansol, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Compete Systems by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Compete Systems Private Limited
Compete Systems Private Limited is audited by J P S R & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J P S R & Co | 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 Compete Systems Private Limited
Compete Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Harish Kumar | Director | 24 Nov 2022 | 3 Years 10 Months | Current |
| Venkata Sesharao Guduri | Director | 24 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Compete Systems 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 Compete Systems Private Limited
Compete Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Compete Systems Private Limited
Compete Systems operates one associated brand: Compete Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consultancy, cloud solutions, and managed security services for businesses. | competesystems.com |
Employees and EPFO Compliance at Compete Systems Private Limited
Compete Systems Private Limited has a workforce of 0 employees as of Mar 31, 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 Compete Systems Private Limited
Compete Systems Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Narayan Harish Kumar was appointed as Director on 24 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Compete Systems 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 Compete Systems 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 Compete Systems 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 Compete Systems Private Limited
Compete Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCC7199P1ZH | Karnataka | Active | 06 Dec 2022 |
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 Compete Systems 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 Compete Systems Private Limited
Compete Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 November 2022 (4+ years old) and is registered under CIN U72200KA2022PTC168301.
Compete Systems reported revenue of ₹1.07 Cr for FY 2025 (down 38% YoY).
Compete Systems has 2 current directors:
- Narayan Harish Kumar - Director
- Venkata Sesharao Guduri - Director
Compete Systems reported a net profit of ₹6.8 Lakh (net margin 6.4%) and EBITDA of ₹9.49 Lakh (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The GSTIN of Compete Systems is 29AAKCC7199P1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Compete Systems is U72200KA2022PTC168301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Compete Systems was incorporated on 24 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Compete Systems by revenue are Atulsia Technologies Private Limited, Iquadra Information Technologies Private Limited, Computek IT Solutions (India) Private Limited, Gortnm Innovations Private Limited, Safenames Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Narayan Harish Kumar was appointed as Director on 24 Nov 2022. Venkata Sesharao Guduri was appointed as Director on 24 Nov 2022.
Compete Systems can be reached through the website competesystems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Compete Systems is at Shop No.4 1st Floor No.106 – 1 Trust Complex Dr Dvg Road Basavanagudi, Bangalore, Karnataka, India – 560004.