Quicken Software Development Private Limited

Quicken Software Development Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72501KA2016FTC096223 Incorporated 02 September 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Revenue · FY 2025
₹64.61 Cr
▲ 13% YoY
Net profit · FY 2025
₹10.32 Cr
Net margin 16%
EBITDA · FY 2025
₹15.15 Cr
EBITDA margin 23.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
63
Provident fund records
Directors on board
3
As per MCA filings

About Quicken Software Development Private Limited

Data last updated:

Quicken Software Development Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Quicken Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2016FTC096223. Its GSTIN is 29AAACQ4428M1Z1 (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Eric Campbell Williams Dunn and John Blackwell Eichhorn Jr.

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 Second Floor The Hub Ambalipura Varthur Hobli Sarjapur Main Road Bellandur, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2025, the company reported a revenue of ₹64.61 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹10.32 Cr (net margin 16%) and EBITDA of ₹15.15 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.

The company has about 63 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Quicken.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quicken.com.

Company details

CIN U72501KA2016FTC096223
Registration Number 096223
Incorporation Date 02 September 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Quicken Inc
Compliance Status Active Compliant

Contact details

Quicken Software Development Private Limited's registered office is in Bangalore, Karnataka. Its website is quicken.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Second Floor The Hub Ambalipura Varthur Hobli Sarjapur Main Road Bellandur, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Quicken Software Development Private Limited, buy the company report.

Comprehensive company report
Quicken Software Development 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Quicken Software Development operates one associated brand: Quicken. Each brand links to its own profile.

BrandDescriptionWebsite
Online finance and expense management is facilitated by software.quicken.com

Business activity

The main business activity of Quicken Software Development is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Quicken Software Development Private Limited, buy the company report.

Financials of Quicken Software Development Private Limited

FY 2025 filings available

Quicken Software Development Private Limited reported revenue of ₹64.61 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹64.61 Cr ▲ 13%
Net profit · FY 2025
₹10.32 Cr margin 16%
EBITDA · FY 2025
₹15.15 Cr margin 23.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 15%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 35%
5 years · compounded
▲ 24%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 13% growth in the latest year. EBITDA rose 81% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹15.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.32 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.5%
Net Profit Margin16%
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 Quicken Software Development Private Limited, buy the company report.

Board of directors of Quicken Software Development Private Limited

Quicken Software Development has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Eric Campbell Williams DunnDirector02 Sep 201610 Years 2 MonthsCurrent
John Blackwell Eichhorn JrDirector02 Sep 201610 Years 2 MonthsCurrent
Renuka MenonDirector14 Dec 20214 Years 11 MonthsCurrent

Peer comparison

Quicken Software Development Private Limited is compared with the 10 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tagit (India) Private Limited₹65.06 Cr (FY 2025)-9.0%Chennai, Tamil Nadu, India
Hedgemark Technologies Private Limited₹65.04 Cr (FY 2025)9.0%Chennai, Tamil Nadu, India
SP Software Private Limited₹64.96 Cr (FY 2025)-19.0%Hyderabad, Telangana, India
Vidwath Innovative Solutions Limited₹64.73 Cr (FY 2025)173.0%Hebbal, Karnataka, India
Roundrobin Tech Services Private Limited₹64.62 Cr (FY 2025)9.0%Mumbai, Maharashtra, India
Quicken Software Development Private Limitedthis company₹64.61 Cr (FY 2025)₹10.32 Cr16%13.0%63Bangalore, Karnataka, India
Ankercloud Technologies Private Limited₹64.57 Cr (FY 2025)277.0%Bangalore, Karnataka, India
Argalon Technologies Private Limited₹64.49 Cr (FY 2021)254.0%Indore, Madhya Pradesh, India
Avaloq India Private Limited₹64.35 Cr (FY 2025)42.0%Pune, Maharashtra, India
Sada Systems India Private Limited₹64.34 Cr (FY 2025)19.0%Thiruvananthapuram, Kerala, India
Asap Info Systems Private Limited₹64.24 Cr (FY 2017)1.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Quicken Software Development Private Limited, buy the company report.

Auditor

Quicken Software Development Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W-100018

Shareholding

The shareholding of Quicken Software Development 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Quicken Software Development Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Quicken Software Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Quicken Software Development Private Limited has a workforce of 63 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
63
Active EPFO establishments
1
Employee growth
-3.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2763
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Quicken Software Development Private Limited, buy the company report.

GST

Quicken Software Development has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACQ4428M1Z1KarnatakaActive05 Oct 2017

To see the full GST registrations and return filing status of Quicken Software Development Private Limited, buy the company report.

Recent activity

Quicken Software Development Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Renuka Menon ceased to be Additional Director on 29 Sep 2022.

AGM
Quicken Software Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quicken Software Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Renuka Menon ceased to be Additional Director.
Appointed
Renuka Menon was appointed as Director.
Ceased
Lakshmi Pratury ceased to be Additional Director.
Ceased
Venugopal Ganganna ceased to be Director.
Ceased
Sujoy Bhattacharjee ceased to be Additional Director.
Appointed
Eric Campbell Williams Dunn was appointed as Director.
Appointed
John Blackwell Eichhorn Jr was appointed as Director.
Incorporation
02 Sep 2016
Quicken Software Development Private Limited was registered on 02 Sep 2016 with Roc Bangalore & aged 10 years 2 months as per MCA records.

Frequently asked questions

Quicken Software Development is an active foreign 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 02 September 2016 (10+ years old) and is registered under CIN U72501KA2016FTC096223.

Quicken Software Development has 3 current directors:

The latest financial statements of Quicken Software Development 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 2017 are in the company report.

The GSTIN of Quicken Software Development is 29AAACQ4428M1Z1, registered in Karnataka.

The CIN (Corporate Identification Number) of Quicken Software Development is U72501KA2016FTC096223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Quicken Software Development was incorporated on 02 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Quicken Software Development by revenue are Tagit (India) Private Limited, Hedgemark Technologies Private Limited, SP Software Private Limited, Vidwath Innovative Solutions Limited, Roundrobin Tech Services Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Renuka Menon ceased to be Additional Director on 29 Sep 2022. Renuka Menon was appointed as Director on 14 Dec 2021. Lakshmi Pratury ceased to be Additional Director on 30 Sep 2020. Quicken Software Development has 7 board changes on record in total.

Quicken Software Development can be reached through the website quicken.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Quicken Software Development is at Second Floor The Hub Ambalipura Varthur Hobli Sarjapur Main Road Bellandur, Bangalore, Karnataka, India – 560103.

Quicken Software Development operates in the information technology industry, in the application development and software solutions segment.