MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0016715
Piterion India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.41 Cr
▲ 7% YoY
Net profit · FY 2025
₹24.73 Lakh
Net margin 2%
EBITDA · FY 2025
₹34.9 Lakh
EBITDA margin 2.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
60
Provident fund records
Directors on board
2
As per MCA filings
About Piterion India Private Limited
Data last updated:
Piterion India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Piterion Gmbh. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC103310. Its GSTIN is 29AAFCP5713K2Z2 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Mukesh Kumar Tyagi and Ravi Nirankari (Director Appointed In Casual Vacancy).
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 2025, the company reported a revenue of ₹12.41 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹24.73 Lakh (net margin 2%) and EBITDA of ₹34.9 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 39% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
Piterion India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016715). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piterion.com.
Company details
CIN U72200KA2010PTC103310
Registration Number 103310
Incorporation Date 27 July 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Piterion Gmbh
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0016715
CIN history
Piterion India has one previous CIN (Corporate Identification Number): U72200DL2010PTC206325. The current CIN is U72200KA2010PTC103310, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2010PTC103310 | Current |
| U72200DL2010PTC206325 | Previous |
Recognitions & Rankings of Piterion India
Contact details
Piterion India Private Limited's registered office is in Bangalore, Karnataka. Its website is piterion.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressIndiqube – Edge 4th Floor Khatha No 571/630/6/4 Ambalipura Village Outer Ring Road Var, Thur Hobli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Piterion India Private Limited, buy the company report.
Comprehensive company report
Piterion India 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 Piterion India 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 Piterion India Private Limited, buy the company report.
Financials of Piterion India Private Limited
FY 2025 filings availablePiterion India Private Limited reported revenue of ₹12.41 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹12.41 Cr ▲ 7%
Net profit · FY 2025
₹24.73 Lakh margin 2%
EBITDA · FY 2025
₹34.9 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 52%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 22%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 7% growth in the latest year. EBITDA fell 46% 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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| EBITDA | ₹34.9 Lakh | ||||
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| Net Profit (PAT) | ₹24.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Piterion India Private Limited, buy the company report.
Board of directors of Piterion India Private Limited
Piterion India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Tyagi Also directs: Paramount Cosmetics (India) Limited, Zephir Rail Equipment Private Limited, Pumec Consultants Private Limited and 2 more | Director | 16 May 2014 | 12 Years 5 Months | Current |
| Ravi Nirankari | Director Appointed In Casual Vacancy | 21 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Piterion India Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Access Automation Private Limited | ₹12.43 Cr (FY 2024) | -15.0% | Bangalore, Karnataka, India | |||
| Sen-Sei Technologies Private Limited | ₹12.42 Cr (FY 2025) | 30.0% | Bangalore, Karnataka, India | |||
| Medilenz Innovations Private Limited | ₹12.42 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Naapbooks Limited | ₹12.42 Cr (FY 2025) | 60.0% | Ahmedabad, Gujarat, India | |||
| Piterion India Private Limitedthis company | ₹12.41 Cr (FY 2025) | ₹24.73 Lakh | 2% | 7.0% | 60 | Bangalore, Karnataka, India |
| Visilean India Private Limited | ₹12.41 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Prosimo.Io India Private Limited | ₹12.4 Cr (FY 2023) | 96.0% | Bengaluru, Karnataka, India | |||
| Soham Software Services Private Limited | ₹12.39 Cr (FY 2024) | -3.0% | Telangana, India | |||
| Hifx IT and Media Services Private Limited | ₹12.38 Cr (FY 2024) | 2.0% | Ernakulam, Kerala, India | |||
| Prakat Solutions Private Limited | ₹12.38 Cr (FY 2024) | -33.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Piterion India Private Limited, buy the company report.
Auditor
Piterion India Private Limited is audited by PAVAN K GARG & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVAN K GARG & CO | FY 2019 | 010139N |
Shareholding
The shareholding of Piterion India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Piterion India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Piterion India 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 Piterion India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piterion India Private Limited has a workforce of 60 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
57.89%
GST
Piterion India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP5713K2Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piterion India Private Limited, buy the company report.
Recent activity
Piterion India Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Ravi Nirankari was appointed as Director Appointed In Casual Vacancy on 21 Jul 2021.
AGM
Piterion India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Piterion India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Ravi Nirankari was appointed as Director Appointed In Casual Vacancy.
Ceased
Michael Hetzenecker ceased to be Director.
Ceased
Rudrareddy Somashekar ceased to be Director.
Ceased
Gopi Srinivas Bellumkonda ceased to be Director.
Ceased
Mukesh Kumar Tyagi ceased to be Additional Director.
Ceased
Sunil Kumar Malhotra ceased to be Director.
Appointed
Mukesh Kumar Tyagi was appointed as Director.
Ceased
Mourad Othman ceased to be Whole-Time Director.
Ceased
Ravi Nirankari ceased to be Managing Director.
Incorporation
27 Jul 2010
Piterion India Private Limited was registered on 27 Jul 2010 with Roc Bangalore & aged 16 years 3 months as per MCA records.
Frequently asked questions
Piterion India 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 27 July 2010 (16+ years old) and is registered under CIN U72200KA2010PTC103310.
Piterion India has 2 current directors:
- Mukesh Kumar Tyagi - Director
- Ravi Nirankari - Director Appointed In Casual Vacancy
The latest financial statements of Piterion India 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 2015 are in the company report.
The GSTIN of Piterion India is 29AAFCP5713K2Z2, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Piterion India is U72200KA2010PTC103310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piterion India was incorporated on 27 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Piterion India by revenue are Access Automation Private Limited, Sen-Sei Technologies Private Limited, Medilenz Innovations Private Limited, Naapbooks Limited, Visilean India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ravi Nirankari was appointed as Director Appointed In Casual Vacancy on 21 Jul 2021. Michael Hetzenecker ceased to be Director on 19 Jul 2021. Rudrareddy Somashekar ceased to be Director on 23 Sep 2019. Piterion India has 9 board changes on record in total.
Yes, Piterion India is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0016715).
Piterion India can be reached through the website piterion.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Piterion India is at Indiqube – Edge 4th Floor Khatha No 57163064 Ambalipura Village Outer Ring Road Var, Thur Hobli, Bangalore, Karnataka, India – 560103.
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