CardTec

Manufacturing of plastic cards, smart cards, and biometric equipment in India.

About CardTec

CardTec is an Industrial Goods & Manufacturing company. Manufacturing of plastic cards, smart cards, and biometric equipment in India. It operates in the Industrial Goods & Manufacturing and Technology sectors. Its Indian entity Card Tec (India) Private Limited reported revenue of β‚Ή2.13 Cr. CardTec offers products and services including Plastic Cards and Smart Cards. Its focus areas include Manufacturing, Electronics, Biometric Equipment and Access Control.

Company details

CardTec was established in 1996 in Bangalore, India, and is recognized for manufacturing a diverse range of cards and accessories, including plastic, smart, and biometric products. The company is certified under ISO 9001:2015 and by governmental bodies, ensuring adherence to quality standards. Products are exported to regions like Africa, Asia, Europe, and the USA, with operations focused on ethical management and timely delivery. Over 21 years, partnerships have been formed to support identification and security solutions, while high-speed facilities maintain accuracy and customer satisfaction in a competitive market.

  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cardtec.in
  • Legal Name Card Tec (India) Pvt. Ltd
  • Date of Incorporation 06 May, 1997
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹2.13 Cr

    FY 2024 · -7% YoY

  • Indian entity net profit
    ₹4.4 Lakh

    FY 2024 · 2% margin

  • Indian entity EBITDA
    ₹21 Lakh

    FY 2024 · 10% margin

Products & Services of CardTec

CardTec offers a comprehensive portfolio of products and services, including Plastic Cards and Smart Cards.

Plastic Cards
Identification Products

Plastic cards are manufactured for applications such as membership, loyalty, and access control purposes.

Smart Cards
Security Products

Smart cards are produced for contactless and contact-based security systems, including Mifare and proximity cards.

Board of directors of Card Tec (India) Private Limited (CardTec)

Card Tec (India) Private Limited is the primary company behind CardTec. The board of Card Tec (India) Private Limited currently have 2 directors; the longest-serving is Manoj Kumar Agarwal, appointed in 1997. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Manoj Kumar Agarwal
DIN 01016719
Director06 May 199729 yrs 6 moCard Tec (India) Private Limited
Divya Agarwal
DIN 08182718
Additional Director24 Jul 20188 yrs 3 moCard Tec (India) Private Limited

Financials of CardTec

Figures of Card Tec (India) Private Limited, the primary company behind CardTec, for FY 2024. Revenue was ₹2.13 Cr (-7% year on year). Net profit was ₹4.4 Lakh (2% margin). EBITDA was ₹21 Lakh (10% margin). Revenue has grown at a compounded annual rate of +39% over three years and +5% over five years.

  • ₹2.13 CrRevenue · FY 2024 · -7% YoY
  • ₹4.4 LakhNet profit · 2% margin
  • ₹21 LakhEBITDA · 10% margin
  • ₹30 LakhPaid-up capital
  • +39%Revenue CAGR, 3 years
  • +5%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Card Tec (India) Private Limited are on its company page.

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Frequently Asked Questions about CardTec

The primary company behind CardTec, Card Tec (India) Private Limited, reported revenue of β‚Ή2.13 Cr for FY 2024, down 7% year on year.

CardTec was established in 1996 in Bangalore, India, and is recognized for manufacturing a diverse range of cards and accessories, including plastic, smart, and biometric products. The company is certified under ISO 9001:2015 and by governmental bodies, ensuring adherence to quality standards. Products are exported to regions like Africa, Asia, Europe, and the USA, with operations focused on ethical management and timely delivery. Over 21 years, partnerships have been formed to support identification and security solutions, while high-speed facilities maintain accuracy and customer satisfaction in a competitive market.

CardTec offers Plastic Cards and Smart Cards.

CardTec operates through Card Tec (India) Private Limited.

The legal entities of CardTec currently have 2 directors, including Manoj Kumar Agarwal, Divya Agarwal.

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