Trueline Research Private Limited

Trueline Research Private Limited - research & development in Salem, Tamil Nadu, India. Directors, charges & compliance details.
CIN U73200TZ2023PTC040675 Incorporated 02 January 2023 ROC Coimbatore HQ Salem, Tamil Nadu, India
Active Private Limited Company research and development Startup India
Data last updated
Revenue · FY 2025
₹2.38 Lakh
▼ 49% YoY
Net profit · FY 2025
₹37,228
Net margin 15.7%
EBITDA · FY 2025
₹65,415
EBITDA margin 27.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Trueline Research Private Limited

Data last updated:

Trueline Research Private Limited is a private limited company based in Salem, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the social science research segment of the research and development sector. It was incorporated on 02 January 2023.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U73200TZ2023PTC040675.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹50,000. It is led by directors Varatharaj Nagaraj (Managing Director) and Varatharaj Baby.

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 D. No. 7/232 – 26 Kalipatty Ex Road Vaikuntham Village Vaikuntham (Po), Salem, Tamil Nadu, India – 637103.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹37,228 (net margin 15.7%) and EBITDA of ₹65,415 (EBITDA margin 27.5%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U73200TZ2023PTC040675
Registration Number 040675
Incorporation Date 02 January 2023
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Varatharaj Nagaraj Managing Director Varatharaj Baby Director

Recognitions & Rankings of Trueline Research

Startup India Government of India

Contact details

Trueline Research Private Limited's registered office is in Salem, Tamil Nadu.

  • Registered Address
    D. No. 7/232 – 26 Kalipatty Ex Road Vaikuntham Village Vaikuntham (Po), Salem, Tamil Nadu, India – 637103
  • Industry
    Research & Development, Social Science Research
Comprehensive company report
Trueline Research 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 Trueline Research is professional, scientific and technical. In detail, this covers scientific research and development.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM5Scientific research and development

To see the full business activity and turnover split of Trueline Research Private Limited, buy the company report.

Financials of Trueline Research Private Limited

FY 2025 filings available

Trueline Research Private Limited reported revenue of ₹2.38 Lakh (down 49% YoY) for FY 2025.

Revenue · FY 2025
₹2.38 Lakh ▼ 49%
Net profit · FY 2025
₹37,228 margin 15.7%
EBITDA · FY 2025
₹65,415 margin 27.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 49%
EBITDA CAGR growth
1 year
▲ 337%

Revenue fell 49% in the latest year. EBITDA rose 337% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
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₹65,415
Profit Before Tax
Tax Expense
Net Profit (PAT)₹37,228
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 2022-23
Profitability
EBITDA Margin27.5%
Net Profit Margin15.7%
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 Trueline Research Private Limited, buy the company report.

Board of directors of Trueline Research Private Limited

Trueline Research has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Varatharaj Nagaraj
Also directs: Startnet Ventures Private Limited, Think TN Foundation
Managing Director02 Jan 20233 Years 10 MonthsCurrent
Varatharaj BabyDirector02 Jan 20233 Years 10 MonthsCurrent
View all directors

Peer comparison

Trueline Research Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sanity Life-Sciences Private Limited₹2.4 Lakh (FY 2025)-71.0%Mumbai, Maharashtra, India
F and B Impex Private Limited₹2.4 Lakh (FY 2016)Mumbai, Maharashtra, India
Aapke Dwar Technology Private Limited₹2.39 Lakh (FY 2025)1.0%Ranchi, Jharkhand, India
Trueline Research Private Limitedthis company₹2.38 Lakh (FY 2025)₹37,22815.7%-49.0%Salem, Tamil Nadu, India
V Clinbio Labs Private Limited₹2.36 Lakh (FY 2021)Chennai, Tamil Nadu, India
Pequeno Solartech Private Limited₹2.34 Lakh (FY 2024)972.0%Faridabad, Haryana, India
Genprotic Biopharma Private Limited₹2.32 Lakh (FY 2024)-70.0%Uthandi, Tamil Nadu, India
RF Creators Private Limited₹2.31 Lakh (FY 2022)54.0%Delhi, India
Euphony Clinical Research Private Limited₹2.3 Lakh (FY 2022)16.0%Cuttack, Odisha, India

To see the full peer comparison of Trueline Research Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Trueline Research Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Trueline Research Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Varatharaj Baby was appointed as Director on 02 Jan 2023.

AGM
Trueline Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Trueline Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Appointed
Varatharaj Baby was appointed as Director.
Appointed
Varatharaj Nagaraj was appointed as Managing Director.
Incorporation
02 Jan 2023
Trueline Research Private Limited was registered on 02 Jan 2023 with Roc Coimbatore & aged 3 years 10 months as per MCA records.

Frequently asked questions

Trueline Research is an active private limited company based in Salem, Tamil Nadu, India. The company works in social science research, within the research and development industry. It was incorporated on 02 January 2023 (3+ years old) and is registered under CIN U73200TZ2023PTC040675.

Trueline Research has 2 current directors:

The latest financial statements of Trueline Research 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 2023 are in the company report.

The CIN (Corporate Identification Number) of Trueline Research is U73200TZ2023PTC040675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Trueline Research was incorporated on 02 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Trueline Research by revenue are Sanity Life-Sciences Private Limited, F and B Impex Private Limited, Aapke Dwar Technology Private Limited, V Clinbio Labs Private Limited, Pequeno Solartech Private Limited and 3 more, all in the same principal business activity (scientific research and development).

Varatharaj Baby was appointed as Director on 02 Jan 2023. Varatharaj Nagaraj was appointed as Managing Director on 02 Jan 2023.

Yes, Trueline Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Trueline Research is at D. No. 7232 – 26 Kalipatty Ex Road Vaikuntham Village Vaikuntham Po, Salem, Tamil Nadu, India – 637103.

Trueline Research operates in the research and development industry, in the social science research segment.

The compliance status of Trueline Research is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.