About Craft Silicon Private Limited
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Craft Silicon Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Craft Silicon Ltd, Kenya. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 20 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036110. Its GSTIN is 29AACCC0311M1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹8.5 Lakh. It is led by directors including Sivakumar Viswanathan (Managing Director) and Jeetaben Budhabhatti Pankajbhai.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹82 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹29 Cr (net margin 35.4%) and EBITDA of ₹36.27 Cr (EBITDA margin 44.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.
The company is associated with 1 brand: Craft Silicon.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website craftsilicon.com.
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- Registered Address#687 Vajra 1st Floor 15th Cross 100 Ft Road Jp Nagar 2nd Ph, Ase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Software Development & 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
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Financials of Craft Silicon Private Limited FY 2025 filings available
Craft Silicon Private Limited reported revenue of ₹82 Cr (up 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Craft Silicon Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 23% growth in the latest year. EBITDA fell 2% 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 of Craft Silicon Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹82 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹36.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29 Cr | •••• | •••• | •••• | •••• |
| 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 Craft Silicon Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 35.4% | •••• | •••• | •••• | •••• |
| 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 Craft Silicon are in the company report.
Financial statements from 2015
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.
Auditor Details of Craft Silicon Private Limited
Craft Silicon Private Limited is audited by PKF SHRIDHAR & SANTHANAM LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PKF SHRIDHAR & SANTHANAM LLP | 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 Craft Silicon Private Limited
Craft Silicon has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeetaben Budhabhatti Pankajbhai | Director | 12 May 2005 | 21 Years 4 Months | Current |
| Kamal Pankajbhai Budhabhatti | Director | 20 Apr 2005 | 21 Years 5 Months | Current |
| Parminder Kamal Budhabhatti Also directs: Craft Silicon Software Services Private Limited | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Sivakumar Viswanathan | Managing Director | 23 Mar 2020 | 6 Years 6 Months | Current |
Ownership and Shareholding of Craft Silicon 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 Craft Silicon Private Limited
Craft Silicon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Craft Silicon Private Limited
Craft Silicon operates one associated brand: Craft Silicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro-finance and core banking software are provided for emerging markets. | craftsilicon.com |
Employees and EPFO Compliance at Craft Silicon Private Limited
Employment history and EPFO contributions of people linked to Craft Silicon.
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.
News related to Craft Silicon Private Limited
Recent Activity on Craft Silicon Private Limited
Craft Silicon Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Parminder Kamal Budhabhatti was appointed as Director on 04 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Craft Silicon 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 Craft Silicon 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 Craft Silicon 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 Craft Silicon Private Limited
Craft Silicon has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC0311M1ZV | Karnataka | Active | 01 Jul 2017 |
| 24AACCC0311M1Z5 | Gujarat | Active | 25 Dec 2019 |
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 Craft Silicon 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 Craft Silicon Private Limited
Craft Silicon is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 20 April 2005 (21+ years old) and is registered under CIN U72200KA2005PTC036110.
Craft Silicon reported revenue of ₹82 Cr for FY 2023 (up 23% YoY).
Craft Silicon has 4 current directors:
- Sivakumar Viswanathan - Managing Director
- Jeetaben Budhabhatti Pankajbhai - Director
- Kamal Pankajbhai Budhabhatti - Director
- Parminder Kamal Budhabhatti - Director
Craft Silicon reported a net profit of ₹29 Cr (net margin 35.4%) and EBITDA of ₹36.27 Cr (EBITDA margin 44.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Craft Silicon is 14% over three years and 16% over five years. In the latest year (FY 2023) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Craft Silicon is 29AACCC0311M1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCC0311M1Z5 (Gujarat).
The CIN (Corporate Identification Number) of Craft Silicon is U72200KA2005PTC036110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Craft Silicon was incorporated on 20 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Parminder Kamal Budhabhatti was appointed as Director on 04 Jun 2024. Sivakumar Viswanathan was appointed as Managing Director on 23 Mar 2020. Sivakumar Viswanathan ceased to be Additional Director on 23 Mar 2020. Craft Silicon has 5 board changes on record in total.
Craft Silicon can be reached through the website craftsilicon.com. Its registered office is in Bangalore, Karnataka, India.