About Honor Code
Honor Code was a Media & Entertainment company based in Paris (France) founded in 2014 by Quentin De Beukelaer. It operates as an independent studio for game development and innovation. It operates on a B2C model. Its Indian entity Thar Commercial Finance Private Limited reported revenue of ₹55.98 Cr. The company is recorded as dissolved. Its focus areas include Entertainment, Gaming, Game Development and Studio Operations.
Company details
Honor Code operates as an independent studio for game development and innovation, focusing on providing entertainment content, producing gaming content, creating interactive games, and studio operations. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Paris, France
- Founders Quentin De Beukelaer
- SectorsMedia & Entertainment
- Website narcosis-the-game.com
- Social Facebook
- Legal Name Thar Commercial Finance Private Limited
- Date of Incorporation 25 Jul, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹55.98 Cr
FY 2025 · +7% YoY
- Indian entity net profit₹5.93 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹48.21 Cr
FY 2025 · 86% margin
Associated legal entities of Honor Code
Honor Code operates through Thar Commercial Finance Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thar Commercial Finance Private Limited CIN U65999MH2008PTC185082 | Active | 25 Jul 2008 | Mumbai, Maharashtra | ₹56.0 Cr | 4 | View details |
Board of directors of Thar Commercial Finance Private Limited (Honor Code)
Thar Commercial Finance Private Limited is the primary company behind Honor Code. The board of Thar Commercial Finance Private Limited currently have 3 directors; the longest-serving is Vivek Jayesh Thar, appointed in 2015. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Jayesh Thar DIN 06812365 | Director | 21 Feb 2015 | 11 yrs 8 mo | Thar Commercial Finance Private Limited |
| Chintan Hitendra Shah DIN 01376629 | Director | 21 Jan 2019 | 7 yrs 9 mo | Thar Commercial Finance Private Limited |
| Yatin Ajitrai Mankad DIN 00786683 | Director | 10 May 2021 | 5 yrs 6 mo | Thar Commercial Finance Private Limited |
People of Honor Code
1 people are tracked at Honor Code (1 in leadership).
| Name | Role | Group |
|---|---|---|
Quentin De Beukelaer | Co-Founder | Leadership |
Complete people profiles for Honor Code
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Financials of Honor Code
Figures of Thar Commercial Finance Private Limited, the primary company behind Honor Code, for FY 2025. Revenue was ₹55.98 Cr (+7% year on year). Net profit was ₹5.93 Cr (11% margin). EBITDA was ₹48.21 Cr (86% margin). Revenue has grown at a compounded annual rate of +9% over three years and 0% over five years.
- ₹55.98 CrRevenue · FY 2025 · +7% YoY
- ₹5.93 CrNet profit · 11% margin
- ₹48.21 CrEBITDA · 86% margin
- ₹49.96 CrPaid-up capital
- +9%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thar Commercial Finance Private Limited are on its company page.
Detailed financial statements for Honor Code
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Frequently Asked Questions about Honor Code
Honor Code was founded in 2014.
Honor Code is headquartered in Paris, France.
The primary company behind Honor Code, Thar Commercial Finance Private Limited, reported revenue of ₹55.98 Cr for FY 2025, up 7% year on year.
Honor Code operates as an independent studio for game development and innovation, focusing on providing entertainment content, producing gaming content, creating interactive games, and studio operations. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Honor Code operates through Thar Commercial Finance Private Limited.
The legal entities of Honor Code currently have 4 directors, including Yatin Ajitrai Mankad, Vivek Jayesh Thar, Chintan Hitendra Shah and others.