MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0094432
Adarsh Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.71 Cr
▲ 34% YoY
Net profit · FY 2025
₹63.97 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹1.08 Cr
EBITDA margin 6.1%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹31.53 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
26 yrs
Est. 2000
Employees · EPFO
170
Provident fund records
About Adarsh Solutions Private Limited
Data last updated:
Adarsh Solutions 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 28 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC028206. Its GSTIN is 29AACCA9361R1ZV (Karnataka).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹31.53 Lakh. It is led by directors including Mankude Shankarnarayan Rao Radhakrishnarao (Whole-Time Director) and Anupama Mankude Rao (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 77 16th Cross 1st Main Aecs Layout (1st Stage) Sanjay Nagar, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.71 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹63.97 Lakh (net margin 3.6%) and EBITDA of ₹1.08 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
The company has about 170 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adarsh Solutions. As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Adarsh Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0094432). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adarshsolutions.com.
Company details
CIN U72200KA2000PTC028206
Registration Number 028206
Incorporation Date 28 November 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0094432
Key People
Mankude Shankarnarayan Rao Radhakrishnarao Whole-Time Director Anupama Mankude Rao Whole-Time Director Arun Nandavar Kaulige Additional Director Recognitions & Rankings of Adarsh Solutions
Contact details
Adarsh Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is adarshsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 77 16th Cross 1st Main Aecs Layout (1st Stage) Sanjay Nagar, Bangalore, Karnataka, India – 560094
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Adarsh Solutions Private Limited, buy the company report.
Comprehensive company report
Adarsh Solutions 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
Adarsh Solutions operates one associated brand: Adarsh Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers engineering design, software development, staffing, and digital transformation services. | adarshsolutions.com |
Business activity
The main business activity of Adarsh Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Adarsh Solutions Private Limited, buy the company report.
Financials of Adarsh Solutions Private Limited
FY 2025 filings availableAdarsh Solutions Private Limited reported revenue of ₹17.71 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹17.71 Cr ▲ 34%
Net profit · FY 2025
₹63.97 Lakh margin 3.6%
EBITDA · FY 2025
₹1.08 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 36%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 41%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 34% growth in the latest year. EBITDA rose 48% 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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| Total Expenses | |||||
| EBITDA | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.97 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Adarsh Solutions Private Limited, buy the company report.
Board of directors of Adarsh Solutions Private Limited
Adarsh Solutions has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Nandavar Kaulige | Additional Director | 02 May 2025 | 1 Years 5 Months | Current |
| Mankude Shankarnarayan Rao Radhakrishnarao Also directs: Creative Power Engineers Private Limited | Whole-Time Director | 28 Nov 2000 | 25 Years 10 Months | Current |
| Ashwini Mankude Rao Also directs: Creative Power Engineers Private Limited | Additional Director | 16 May 2025 | 1 Years 5 Months | Current |
| Anupama Mankude Rao Also directs: Creative Power Engineers Private Limited | Whole-Time Director | 02 Aug 2018 | 8 Years 2 Months | Current |
| Madhusudhan Sheshadri Iyengar | Additional Director | 02 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Adarsh Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Application Development, HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coromandel Eservices Limited | ₹17.74 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, India | |||
| Adarsh Solutions Private Limitedthis company | ₹17.71 Cr (FY 2025) | ₹63.97 Lakh | 3.6% | 34.0% | 170 | Bangalore, Karnataka, India |
| Acreaty Management Consultant Private Limited | ₹17.69 Cr (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Greendazzle Corporate Services Private Limited | ₹17.69 Cr (FY 2024) | 12.0% | Chennai, Tamil Nadu, India | |||
| HR Path India Private Limited | ₹17.68 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Adarsh Solutions Private Limited, buy the company report.
Auditor
Adarsh Solutions Private Limited is audited by Chandrashekar Kote & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandrashekar Kote & Co. | FY 2023 | 000592S |
Shareholding
The shareholding of Adarsh Solutions 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 Adarsh Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2022 | 100569447 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Adarsh Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Creative Engineers Pvt Ltd | Pending |
To see the full case history of Adarsh Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adarsh Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adarsh Solutions Private Limited has a workforce of 170 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
170
Active EPFO establishments
1
Employee growth
29.77%
GST
Adarsh Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCA9361R1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Solutions Private Limited, buy the company report.
Recent activity
Adarsh Solutions Private Limited has 10 board changes on record since 2000: 5 appointments and 5 cessations. The latest: Ashwini Mankude Rao was appointed as Additional Director on 16 May 2025.
AGM
Adarsh Solutions Private Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Appointed
Ashwini Mankude Rao was appointed as Additional Director.
Appointed
Arun Nandavar Kaulige was appointed as Additional Director.
Appointed
Madhusudhan Sheshadri Iyengar was appointed as Additional Director.
Filing
Adarsh Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100569447 was registered on 27 Apr 2022.
Ceased
Bananthalli Vedanthachar Seshadri ceased to be Whole-Time Director.
Ceased
Anupama Mankude Rao ceased to be Additional Director.
Appointed
Anupama Mankude Rao was appointed as Whole-Time Director.
Ceased
Arun Nandavar Kaulige ceased to be Whole-Time Director.
Ceased
Madhusudhan Sheshadri Iyengar ceased to be Whole-Time Director.
Ceased
Meda Kasturiranga Dattaraj ceased to be Whole-Time Director.
2 earlier events are in the company report.
Frequently asked questions
Adarsh Solutions 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 28 November 2000 (26+ years old) and is registered under CIN U72200KA2000PTC028206.
Adarsh Solutions has 5 current directors:
- Mankude Shankarnarayan Rao Radhakrishnarao - Whole-Time Director
- Anupama Mankude Rao - Whole-Time Director
- Arun Nandavar Kaulige - Additional Director
- Ashwini Mankude Rao - Additional Director
- Madhusudhan Sheshadri Iyengar - Additional Director
The latest financial statements of Adarsh Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adarsh Solutions is 29AACCA9361R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Adarsh Solutions is U72200KA2000PTC028206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Adarsh Solutions was incorporated on 28 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Adarsh Solutions by revenue are Coromandel Eservices Limited, Acreaty Management Consultant Private Limited, Greendazzle Corporate Services Private Limited, HR Path India Private Limited, all in the Outsourcing industry (Application Development, HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Ashwini Mankude Rao was appointed as Additional Director on 16 May 2025. Arun Nandavar Kaulige was appointed as Additional Director on 02 May 2025. Madhusudhan Sheshadri Iyengar was appointed as Additional Director on 02 May 2025. Adarsh Solutions has 10 board changes on record in total.
Yes, Adarsh Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0094432).
Adarsh Solutions can be reached through the website adarshsolutions.com. Its registered office is in Bangalore, Karnataka, India.