About Bcits Private Limited
Data last updated:
Bcits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA1999PTC024820. Its GSTIN is 29AACCB4891M1Z3 (Karnataka). The company holds 13 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14 Cr. It was formerly known as Bellary Computer It Solutions Private Limited. It is led by directors including Venkata Murali Krishna Madala (Managing Director) and Tummala Sridhar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vista Pixel Ff – 501 5th Floor, Unit No – 09A Byatarayanapura Bellary Main Road Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2025, the company reported a revenue of ₹251.33 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹13.82 Cr (net margin 5.5%) and EBITDA of ₹50.3 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 1,178 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bcits. As per MCA filings, the company has open charges of ₹445.45 Cr and satisfied charges of ₹75.06 Cr on record. Court records list 41 cases involving the company, including 26 filed by the company and 5 filed against it; 6 cases are pending. The company has 18 deals on record (11 secondary share transfers, 4 rights issues, 3 funding rounds), with disclosed funding of ₹4.31 Cr; the latest was in May 2025. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Pyramid IT Consulting Private Limited with revenue of ₹255.69 Cr. The company has 6 MSME Form 1 returns on record between 2018 and 2024, listing 10 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bcits.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVista Pixel Ff – 501 5th Floor, Unit No – 09A Byatarayanapura Bellary Main Road Bangalore, Karnataka, India – 560092
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Bcits Private Limited
The main business activity of Bcits is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bcits Private Limited FY 2024 filings available
Bcits Private Limited reported revenue of ₹251.33 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bcits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 17% growth in the latest year. EBITDA rose 64% 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 of Bcits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹50.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.82 Cr | •••• | •••• | •••• | •••• |
| 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 of Bcits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bcits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bcits Private Limited
Bcits Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pyramid IT Consulting Private Limited | ₹255.69 Cr (FY 2020) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Unitedlex India Private Limited | ₹254.96 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Gurgaon, Haryana, India |
| Avosys Technology Private Limited | ₹254.69 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Delhi, India |
| Pedanta Technologies Private Limited | ₹254.17 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mysore, Karnataka, India |
| Techbooks International Private Limited | ₹252.2 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Noida, Uttar Pradesh, India |
| Bcits Private Limited this company | ₹251.33 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Noventiq Global AI Solutions Private Limited | ₹249.87 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Bangalore, Karnataka, India |
| Morgan Stanley Solutions India Private Limited | ₹249.69 Cr (FY 2017) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Intelligent Communication Systems India Limited | ₹248.05 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Parexel International India Safety Services Private Limited | ₹247.43 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bengaluru, Karnataka, India |
| Atmecs Technologies Private Limited | ₹247.15 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Bcits by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bcits Private Limited
Bcits Private Limited is audited by SHASHIDHARA & MAMATHA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHASHIDHARA & MAMATHA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bcits Private Limited
Bcits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tummala Sridhar | Whole-Time Director | 17 Aug 2004 | 22 Years 1 Months | Current |
| Venkata Murali Krishna Madala | Managing Director | 01 Oct 2004 | 22 Years 0 Months | Current |
| Rajshekhar Mahantappa Sipoy | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Bcits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bcits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Others | ₹7.5 Cr | Open |
| 27 Mar 2025 | Yes Bank Limited | ₹12 Cr | Open |
| 27 Nov 2024 | Others | ₹15 Cr | Open |
| 25 Jun 2024 | Others | ₹9 Cr | Open |
| 29 Dec 2023 | Others | ₹9 Cr | Open |
Total charge records: 28 View all charges
Deals & Funding of Bcits Private Limited
Bcits Private Limited has 18 deals on record (11 secondary share transfers, 4 rights issues, 3 funding rounds), with disclosed funding of ₹4.31 Cr; the latest was in May 2025.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Rights issue | ₹5 Cr | Investors: 2 individuals |
| Mar 2021 | Rights issue | ₹4.01 Cr | Investors: 2 individuals |
| Sep 2016 | Rights issue | ₹1.98 Cr | Investors: 4 individuals |
| Feb 2016 | Rights issue | ₹61.8 Lakh | Investors: 3 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 18 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Bcits Private Limited
Bcits Private Limited has 41 court cases on record: 26 filed by Bcits, 5 filed against it, 10 where it is another party. 6 cases are pending and 35 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 2 | 5 |
| District courts | 6 | 3 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against Purvanchal Vidyut Vitran Nigam Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Chamundeshwari Electricity Supply Corporation Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Gulbarga Electricity Supply Company Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Foresight Automation Products Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Foresight Automation Products Private Limited | Disposed |
Full case history
All 41 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Bcits Private Limited
Bcits Private Limited has 6 MSME Form 1 returns on record between 2018 and 2024, listing 10 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Quantum Power Systems | •••• | •••• | •••• |
| Techmirus Innovations Private Limited | •••• | •••• | •••• |
| Sony Computers Forms | •••• | •••• | •••• |
| Vinod Singhal & Co. LLP | •••• | •••• | •••• |
| Arcom Papers Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Bcits Private Limited
Bcits operates one associated brand: Bcits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers smart metering, billing, and utility tech services for businesses. | bcits.co.in |
Employees and EPFO Compliance at Bcits Private Limited
Bcits Private Limited has a workforce of 1,178 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Bcits Private Limited
Bcits has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100KA1999PTC024820, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100KA1999PTC024820 | Current |
| U40101KA1999PTC024820 | Previous |
| U85110KA1999PTC024820 | Previous |
Recent Activity on Bcits Private Limited
Bcits Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Ealuri Mohan ceased to be Director on 19 Jul 2017.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bcits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bcits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bcits Private Limited
Bcits has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB4891M1Z3 | Karnataka | Active | 01 Jul 2017 |
| 06AACCB4891M1ZB | Haryana | Active | 01 Jul 2017 |
| 08AACCB4891M1Z7 | Rajasthan | Active | 01 Jul 2017 |
| 19AACCB4891M1Z4 | West Bengal | Active | 28 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bcits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bcits Private Limited
Bcits is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 February 1999 (27+ years old) and is registered under CIN U70100KA1999PTC024820.
Bcits reported revenue of ₹251.33 Cr for FY 2025 (up 17% YoY).
Bcits has 3 current directors:
- Venkata Murali Krishna Madala - Managing Director
- Tummala Sridhar - Whole-Time Director
- Rajshekhar Mahantappa Sipoy - Director
Bcits reported a net profit of ₹13.82 Cr (net margin 5.5%) and EBITDA of ₹50.3 Cr (EBITDA margin 20%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bcits is 17% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bcits is 29AACCB4891M1Z3, registered in Karnataka. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCB4891M1ZB (Haryana), 08AACCB4891M1Z7 (Rajasthan), 19AACCB4891M1Z4 (West Bengal).
The CIN (Corporate Identification Number) of Bcits is U70100KA1999PTC024820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bcits has 41 court cases on record: 26 filed by the company and 5 filed against it. 6 are pending. Most are in the high courts.
Bcits was incorporated on 25 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Bcits has 18 deals on record (11 secondary share transfers, 4 rights issues, 3 funding rounds), with disclosed funding of ₹4.31 Cr; the latest was in May 2025.
The peers of Bcits by revenue are Pyramid IT Consulting Private Limited, Unitedlex India Private Limited, Avosys Technology Private Limited, Pedanta Technologies Private Limited, Techbooks International Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Ealuri Mohan ceased to be Director on 19 Jul 2017. Avva Prasad Setty ceased to be Director on 24 Jun 2013. Rajshekhar Mahantappa Sipoy ceased to be Additional Director on 30 Sep 2009. Bcits has 6 board changes on record in total.