- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0024981

About Truce Consulting Services Private Limited
Data last updated:
Truce Consulting Services Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 04 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC057410. Its GSTIN is 29AADCT7901R1ZL (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Anand Omanna Kutre (Managing Director) and Naina Shivajirao Padaki.
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 C/O. Shanta Omanna Kutre No. 63/5 8th Cross Bhagyanagar, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.15 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹15.76 Lakh (net margin 5%) and EBITDA of ₹45.44 Lakh (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 61% over five years.
The company is associated with 1 brand: True Consultancy.
Truce Consulting Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0024981). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trueconsultancy.com.
Company details
Recognitions & Rankings of Truce Consulting Services
Contact details
Truce Consulting Services Private Limited's registered office is in Belgaum, Karnataka. Its website is trueconsultancy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O. Shanta Omanna Kutre No. 63/5 8th Cross Bhagyanagar, Belgaum, Karnataka, India – 590006
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Truce Consulting Services 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
Truce Consulting Services operates one associated brand: True Consultancy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Assistive technology-based products are manufactured by True Consultancy. | trueconsultancy.com |
Business activity
The main business activity of Truce Consulting Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Truce Consulting Services Private Limited, buy the company report.
Financials of Truce Consulting Services Private Limited
FY 2025 filings availableTruce Consulting Services Private Limited reported revenue of ₹3.15 Cr (up 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 64% growth in the latest year. EBITDA rose 224% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹45.44 Lakh | ||||
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| Net Profit (PAT) | ₹15.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Truce Consulting Services Private Limited, buy the company report.
Board of directors of Truce Consulting Services Private Limited
Truce Consulting Services 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 |
|---|---|---|---|---|
| Naina Shivajirao Padaki | Director | 13 Dec 2019 | 6 Years 10 Months | Current |
| Anand Omanna Kutre Also directs: Renewtech Solutions India Private Limited, Hepatica Technologies Private Limited, Intent Design India Private Limited and 1 more | Managing Director | 04 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Truce Consulting Services Private Limited is audited by S. SUNIL KUMAR AND CO., for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. SUNIL KUMAR AND CO., | FY 2023 | 212053 |
Shareholding
The shareholding of Truce Consulting Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Truce Consulting Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truce Consulting Services 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 Truce Consulting Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truce Consulting Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCT7901R1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Truce Consulting Services Private Limited, buy the company report.
Recent activity
Truce Consulting Services Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Anand Omanna Kutre ceased to be Director on 30 Sep 2022.
Frequently asked questions
Truce Consulting Services is an active private limited company based in Belgaum, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 04 March 2011 (15+ years old) and is registered under CIN U72200KA2011PTC057410.
Truce Consulting Services has 2 current directors:
- Anand Omanna Kutre - Managing Director
- Naina Shivajirao Padaki - Director
The latest financial statements of Truce Consulting Services 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 Truce Consulting Services is 29AADCT7901R1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Truce Consulting Services is U72200KA2011PTC057410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truce Consulting Services was incorporated on 04 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Omanna Kutre ceased to be Director on 30 Sep 2022. Naina Shivajirao Padaki ceased to be Additional Director on 30 Sep 2022. Shettychittaranjan ceased to be Additional Director on 24 Dec 2019. Truce Consulting Services has 6 board changes on record in total.
Yes, Truce Consulting Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0024981).
Truce Consulting Services can be reached through the website trueconsultancy.com. Its registered office is in Belgaum, Karnataka, India.
The registered office of Truce Consulting Services is at CO. Shanta Omanna Kutre No. 635 8th Cross Bhagyanagar, Belgaum, Karnataka, India – 590006.