SGP R&D India Private Limited

SGP R&D India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2018PTC114723 Incorporated 12 July 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹15.06 Cr
▲ 31% YoY
Net profit · FY 2024
₹99.2 Lakh
Net margin 6.6%
EBITDA · FY 2024
₹2.12 Cr
EBITDA margin 14.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
53
Provident fund records
Directors on board
3
As per MCA filings

About SGP R&D India Private Limited

Data last updated:

SGP R&D India 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 12 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC114723. Its GSTIN is 29ABACS5765L1ZP (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Mittal and Sumit Garg.

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 Alpha 27 & 19/4 Outer Ring Road Kadubeesanahalli Village Varthur Habli, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.06 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹99.2 Lakh (net margin 6.6%) and EBITDA of ₹2.12 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 91% over five years.

The company has about 53 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: SGP India.

Company details

CIN U72900KA2018PTC114723
Registration Number 114723
Incorporation Date 12 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

SGP R&D India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Alpha 27 & 19/4 Outer Ring Road Kadubeesanahalli Village Varthur Habli, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of SGP R&D India Private Limited, buy the company report.

Comprehensive company report
SGP R&D 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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Brands

SGP R&D India operates one associated brand: SGP India. Each brand links to its own profile.

BrandDescriptionWebsite
Offers software R&D and team building services for global portfolio companies.sgp-india.com

Business activity

The main business activity of SGP R&D India 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 SGP R&D India Private Limited, buy the company report.

Financials of SGP R&D India Private Limited

FY 2025 filings available

SGP R&D India Private Limited reported revenue of ₹15.06 Cr (up 31% YoY) for FY 2024.

Revenue · FY 2024
₹15.06 Cr ▲ 31%
Net profit · FY 2024
₹99.2 Lakh margin 6.6%
EBITDA · FY 2024
₹2.12 Cr margin 14.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 72%
5 years · compounded
▲ 91%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 71%
5 years · compounded
▲ 64%

Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 31% growth in the latest year. EBITDA rose 30% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹99.2 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.1%
Net Profit Margin6.6%
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 SGP R&D India Private Limited, buy the company report.

Board of directors of SGP R&D India Private Limited

SGP R&D India has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit MittalDirector12 Jul 20188 Years 3 MonthsCurrent
Sumit GargDirector12 Jul 20188 Years 3 MonthsCurrent
Richa MaheshwariDirector26 Jul 20215 Years 3 MonthsCurrent

Peer comparison

SGP R&D India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Huawei Technologies India Private Limited₹15.1 Cr (FY 2025)-94.0%Bengaluru, Karnataka, India
SGP R&D India Private Limitedthis company₹15.06 Cr (FY 2024)₹99.2 Lakh6.6%31.0%53Bangalore, Karnataka, India
Dusane Infotech (India) Private Limited₹15.04 Cr (FY 2025)29.0%Thane, Maharashtra, India
Saven Technologies Limited₹14.95 Cr (FY 2025)6.0%Hyderabad, Telangana, India
Empaxis Data Management India Private Limited₹14.93 Cr (FY 2024)43.0%Noida, Uttar Pradesh, India

To see the full peer comparison of SGP R&D India Private Limited, buy the company report.

Auditor

SGP R&D India Private Limited is audited by Manish Dalmia & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Manish Dalmia & AssociatesFY 2023016670S

Shareholding

The shareholding of SGP R&D India 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 SGP R&D India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for SGP R&D India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

SGP R&D India Private Limited has a workforce of 53 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
53
Active EPFO establishments
1
Employee growth
23.26%

GST

SGP R&D India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABACS5765L1ZPKarnatakaActive06 Nov 2018

To see the full GST registrations and return filing status of SGP R&D India Private Limited, buy the company report.

Recent activity

SGP R&D India Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Richa Maheshwari was appointed as Director on 26 Jul 2021.

AGM
Sgp R&D India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sgp R&D India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Richa Maheshwari was appointed as Director.
Appointed
Amit Mittal was appointed as Director.
Appointed
Sumit Garg was appointed as Director.
Incorporation
12 Jul 2018
Sgp R&D India Private Limited was registered on 12 Jul 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.

Frequently asked questions

SGP R&D India 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 12 July 2018 (8+ years old) and is registered under CIN U72900KA2018PTC114723.

SGP R&D India has 3 current directors:

The latest financial statements of SGP R&D 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 FY 2019 are in the company report.

The GSTIN of SGP R&D India is 29ABACS5765L1ZP, registered in Karnataka.

The CIN (Corporate Identification Number) of SGP R&D India is U72900KA2018PTC114723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

SGP R&D India was incorporated on 12 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of SGP R&D India by revenue are Huawei Technologies India Private Limited, Dusane Infotech (India) Private Limited, Saven Technologies Limited, Empaxis Data Management India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).

Richa Maheshwari was appointed as Director on 26 Jul 2021. Amit Mittal was appointed as Director on 12 Jul 2018. Sumit Garg was appointed as Director on 12 Jul 2018.

The registered office of SGP R&D India is at Alpha 27 & 194 Outer Ring Road Kadubeesanahalli Village Varthur Habli, Bangalore, Karnataka, India – 560103.

SGP R&D India operates in the information technology industry, in the application development and software solutions segment.

SGP R&D India has 1 associated brand: Sgp India.