MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0001034
Bcits Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹251.33 Cr
▲ 17% YoY
Net profit · FY 2025
₹13.82 Cr
Net margin 5.5%
EBITDA · FY 2025
₹50.3 Cr
EBITDA margin 20%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14 Cr
Issued & subscribed
Open charges
₹445.45 Cr
Satisfied ₹75.06 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
1,178
Provident fund records
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 42 cases involving the company, including 27 filed by the company and 15 filed against it; 7 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. The company has 6 MSME Form 1 returns on record between 2018 and 2024, listing 10 overdue payments to 5 micro and small suppliers.
Bcits Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0001034). 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.
Company details
CIN U70100KA1999PTC024820
Registration Number 024820
Incorporation Date 25 February 1999
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0001034
CIN history
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 |
Key People
Venkata Murali Krishna Madala Managing Director Tummala Sridhar Whole-Time Director Rajshekhar Mahantappa Sipoy Director Recognitions & Rankings of Bcits
Contact details
Bcits Private Limited's registered office is in Bangalore, Karnataka. Its website is bcits.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Bcits Private Limited, buy the company report.
Comprehensive company report
Bcits 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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 |
Business activity
The main business activity of Bcits is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Bcits Private Limited, buy the company report.
Financials of Bcits Private Limited
FY 2024 filings availableBcits Private Limited reported revenue of ₹251.33 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹251.33 Cr ▲ 17%
Net profit · FY 2025
₹13.82 Cr margin 5.5%
EBITDA · FY 2025
₹50.3 Cr margin 20%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 28%
5 years · compounded
▲ 17%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Bcits Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tummala Sridhar | Whole-Time Director | 17 Aug 2004 | 22 Years 2 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 |
Auditor
Bcits Private Limited is audited by SHASHIDHARA & MAMATHA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASHIDHARA & MAMATHA | FY 2023 | 013118S |
Shareholding
The shareholding of Bcits 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 Bcits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹445.45 Cr
Satisfied charges
₹75.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101158171 | Others | ₹7.5 Cr | Open | |
| 27 Mar 2025 | 101074753 | Yes Bank Limited | ₹12 Cr | Open | |
| 27 Nov 2024 | 101008680 | Others | ₹15 Cr | Open | |
| 25 Jun 2024 | 100945747 | Others | ₹9 Cr | Open | |
| 29 Dec 2023 | 100857846 | Others | ₹9 Cr | Open |
To see the full charge records of Bcits Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
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.
Total deals
18
Secondary share transfers
11
Rights issues
4
Funding rounds
3
Disclosed funding
₹4.31 Cr
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 |
To see the full deal history of Bcits Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bcits Private Limited has 42 court cases on record: 27 filed by Bcits, 15 filed against it. 7 cases are pending and 35 are disposed.
Total cases
42
Filed by the company
27
Filed against the company
15
Pending
7
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 9 | 5 |
| District courts | 6 | 6 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company by Nsoft (India) Services Private Limited | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Superintendent Engineer (Commercial) Purvanchal Vidyut Vitran Nigam Ltd, DLW Bhikharipur, Varanasi ,Varanasi , Uttar Pradesh and 1 other | Pending |
| High Court, Rajasthan | Writ petition | Filed against the company by Idea Infinity IT Solutions Pvt. Ltd. | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Purvanchal Vidyut Vitran Nigam Ltd. and 4 Others | Disposed |
| High Court, KARNATAKA | Appeal | Filed by the company against Gulbarga Electricity Supply Co. Ltd. and Ors and 3 others | Disposed |
To see the full case history of Bcits 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.
Credit ratings & regulatory alerts
Bcits Private Limited was last rated by Brickwork on 16 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 16 Oct 2020 |
To see the full credit ratings and regulatory alerts of Bcits Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Bcits Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bcits Private Limited has a workforce of 1,178 employees on its EPFO records as of Mar 30, 2024, across 3 active EPFO establishments.
Employee count
1,178
Active EPFO establishments
3
Employee growth
6.22%
GST
Bcits has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
12
Cancelled / inactive
1
| 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 |
To see the full GST registrations and return filing status of Bcits Private Limited, buy the company report.
Recent activity
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.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101158171 was registered on 28 Aug 2025.
Charges
A charge with Others of Rs. 79.75 Cr registered on 29 Sep 2020 with Charge ID 100378827 was modified on 25 Aug 2025.
Charges
A charge registered on 19 Jul 2022 via Charge ID 100597271 with Tata Capital Financial Services Limited was fully satisfied on 30 Jun 2025.
Charges
A charge registered on 30 Sep 2021 via Charge ID 100500931 with Tata Capital Financial Services Limited was fully satisfied on 30 Jun 2025.
Charges
A charge registered on 10 Aug 2020 via Charge ID 100362107 with Tata Capital Financial Services Limited was fully satisfied on 30 Jun 2025.
Charges
A charge registered on 28 May 2018 via Charge ID 100184683 with Tata Capital Financial Services Limited was fully satisfied on 30 Jun 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 12.00 Cr with Charge ID 101074753 was registered on 27 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 33.30 Cr registered on 20 Sep 2018 with Charge ID 100205723 was modified on 11 Mar 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101008680 was registered on 27 Nov 2024.
Charges
A charge with Others of Rs. 59.55 Cr registered on 11 Jun 2020 with Charge ID 100349450 was modified on 19 Nov 2024.
AGM
Bcits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 41.00 Cr registered on 23 May 2023 with Charge ID 100728047 was modified on 24 Sep 2024.
47 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Venkata Murali Krishna Madala - Managing Director
- Tummala Sridhar - Whole-Time Director
- Rajshekhar Mahantappa Sipoy - Director
The latest financial statements of Bcits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 42 court cases on record: 27 filed by the company and 15 filed against it. 7 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.
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.
Yes, Bcits is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0001034).
Bcits has 6 MSME Form 1 returns on record between 2018 and 2024, listing 10 overdue payments to 5 micro and small suppliers. The latest return was filed on 02 May 2024.