Joyride Games Private Limited
About Joyride Games Private Limited
Data last updated:
Joyride Games Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC137879. Its GSTIN is 29AAECJ9166B1ZE (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors Andy Thang Lu and Nagraj Rao Hari.
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. 43/3 Ground Floor Kanakapura Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.12 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹85.81 Lakh (net margin 4.5%) and EBITDA of ₹1.74 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Joyride Games.
Company details
Contact details
Joyride Games 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. 43/3 Ground Floor Kanakapura Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Joyride Games Private Limited, buy the company report.
- 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
Brands
Joyride Games operates one associated brand: Joyride Games. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Social platform is used for games, music, and local competitions. | onjoyride.com |
Business activity
The main business activity of Joyride Games is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Joyride Games Private Limited, buy the company report.
Financials of Joyride Games Private Limited
FY 2025 filings availableJoyride Games Private Limited reported revenue of ₹19.12 Cr (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 64% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85.81 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Joyride Games Private Limited, buy the company report.
Board of directors of Joyride Games Private Limited
Joyride Games has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andy Thang Lu | Director | 07 Sep 2020 | 6 Years 2 Months | Current |
| Nagraj Rao Hari | Director | 07 Sep 2020 | 6 Years 2 Months | Current |
Peer comparison
Joyride Games Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Telico Software Pvt Ltd | ₹19.38 Cr (FY 2025) | 75921.0% | Noida, Uttar Pradesh, India | |||
| Vimaan Robotics India Private Limited | ₹19.34 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Art Iron Engineering Services Private Limited | ₹19.3 Cr (FY 2025) | 3.0% | Hubli, Karnataka, India | |||
| Upwards Fintech Services Private Limited | ₹19.22 Cr (FY 2024) | 16.0% | Mumbai, Maharashtra, India | |||
| Arcana Analytics India Private Limited | ₹19.18 Cr (FY 2025) | 162.0% | Bangalore, Karnataka, India | |||
| Joyride Games Private Limitedthis company | ₹19.12 Cr (FY 2025) | ₹85.81 Lakh | 4.5% | -47.0% | 60 | Bangalore, Karnataka, India |
| Modmed Technologies India Private Limited | ₹19.05 Cr (FY 2024) | Hyderabad, Telangana, India | ||||
| Intelliplanner Software System India Private Limited | ₹19.04 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Nisarga Information Technology Solutions Private Limited | ₹19.04 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| KMK Pharma Consulting Private Limited | ₹19.02 Cr (FY 2025) | 17.0% | Vadodara, Gujarat, India | |||
| Lobotus Technology Private Limited | ₹19 Cr (FY 2025) | -11.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Joyride Games Private Limited, buy the company report.
Auditor
Joyride Games Private Limited is audited by AKASH & KISHOR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKASH & KISHOR | FY 2022 | 016333S |
Shareholding
The shareholding of Joyride Games Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Joyride Games Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Joyride Games 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 Joyride Games Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Joyride Games Private Limited has a workforce of 60 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Joyride Games has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECJ9166B1ZE | Karnataka | Active | 01 Jan 2021 |
To see the full GST registrations and return filing status of Joyride Games Private Limited, buy the company report.
Recent activity
Joyride Games Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Andy Thang Lu ceased to be Additional Director on 31 Dec 2021.
Frequently asked questions
Joyride Games 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 29 August 2020 (6+ years old) and is registered under CIN U72900KA2020PTC137879.
Joyride Games has 2 current directors:
- Andy Thang Lu - Director
- Nagraj Rao Hari - Director
The latest financial statements of Joyride Games 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 2021 are in the company report.
The GSTIN of Joyride Games is 29AAECJ9166B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Joyride Games is U72900KA2020PTC137879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joyride Games was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Joyride Games by revenue are Telico Software Pvt Ltd, Vimaan Robotics India Private Limited, Art Iron Engineering Services Private Limited, Upwards Fintech Services Private Limited, Arcana Analytics India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Andy Thang Lu ceased to be Additional Director on 31 Dec 2021. Nagraj Rao Hari ceased to be Additional Director on 31 Dec 2021. Sannidhi Purushotham ceased to be Director on 15 Dec 2020. Joyride Games has 6 board changes on record in total.
The registered office of Joyride Games is at No. 433 Ground Floor Kanakapura Road Basavanagudi, Bangalore, Karnataka, India – 560004.
Joyride Games operates in the information technology industry, in the application development and software solutions segment.
Joyride Games has 1 associated brand: Joyride Games.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
