MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0038547
Blocktheory Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.4 Cr
▲ 202% YoY
Net profit · FY 2025
₹47.83 Lakh
Net margin 8.9%
EBITDA · FY 2025
₹54.72 Lakh
EBITDA margin 10.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.43 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
18
Provident fund records
About Blocktheory Technologies Private Limited
Data last updated:
Blocktheory Technologies 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 25 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC076007. Its GSTIN is 29AAFCD1251J1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.43 Lakh. It is led by directors Belavadi Mogannagowda Punith and Yashawanth Mogannagowda Belavadi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹47.83 Lakh (net margin 8.9%) and EBITDA of ₹54.72 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 13% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DesignString. As per MCA filings, the company has open charges of ₹25 Lakh on record.
Blocktheory Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0038547). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website designstring.com.
Company details
CIN U72200KA2014PTC076007
Registration Number 076007
Incorporation Date 25 August 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0038547
Recognitions & Rankings of Blocktheory Technologies
Contact details
Blocktheory Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is designstring.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#121 2nd Floor 3rd Cross Phase 1 Reliable Residency Layout, Somsandra Palya Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Blocktheory Technologies Private Limited, buy the company report.
Comprehensive company report
Blocktheory Technologies 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
Blocktheory Technologies operates one associated brand: DesignString. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| designstring.com |
Business activity
The main business activity of Blocktheory Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Blocktheory Technologies Private Limited, buy the company report.
Financials of Blocktheory Technologies Private Limited
FY 2025 filings availableBlocktheory Technologies Private Limited reported revenue of ₹5.4 Cr (up 202% YoY) for FY 2025.
Revenue · FY 2025
₹5.4 Cr ▲ 202%
Net profit · FY 2025
₹47.83 Lakh margin 8.9%
EBITDA · FY 2025
₹54.72 Lakh margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 202%
3 years · compounded
▲ 29%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 49%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 202% growth in the latest year. EBITDA rose 133% 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 | ₹54.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.83 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 | 10.1% | ||||
| Net Profit Margin | 8.9% | ||||
| 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 Blocktheory Technologies Private Limited, buy the company report.
Board of directors of Blocktheory Technologies Private Limited
Blocktheory Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Belavadi Mogannagowda Punith | Director | 25 Aug 2014 | 12 Years 2 Months | Current |
| Yashawanth Mogannagowda Belavadi | Director | 25 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Blocktheory Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orthofx Private Limited | ₹5.44 Cr (FY 2022) | 75.0% | Kunnathunad, Kerala, India | |||
| Kodo Technologies Private Limited | ₹5.44 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Ar Infomatrix Private Limited | ₹5.43 Cr (FY 2024) | 17.0% | Bangalore, Karnataka, India | |||
| Stellen Infotech Private Limited | ₹5.43 Cr (FY 2025) | 10.0% | Mohali, Punjab, India | |||
| Browntape Technologies Private Limited | ₹5.43 Cr (FY 2025) | 1.0% | Gurgaon, Haryana, India | |||
| Blocktheory Technologies Private Limitedthis company | ₹5.4 Cr (FY 2025) | ₹47.83 Lakh | 8.9% | 202.0% | 18 | Bangalore, Karnataka, India |
| Adentech Private Limited | ₹5.4 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Hakate Technologies Private Limited | ₹5.39 Cr (FY 2025) | 44.0% | Hyderabad, Telangana, India | |||
| First Rite IT Services Private Limited | ₹5.39 Cr (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Unisoft Applications Private Limited | ₹5.39 Cr (FY 2024) | -11.0% | Hyderabad, Telangana, India | |||
| Feast Software Private Limited | ₹5.38 Cr (FY 2025) | 422.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Blocktheory Technologies Private Limited, buy the company report.
Auditor
Blocktheory Technologies Private Limited is audited by VHAVLE & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VHAVLE & COMPANY | FY 2021 | 013027S |
Shareholding
The shareholding of Blocktheory Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blocktheory Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2020 | 100384020 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Blocktheory Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blocktheory Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blocktheory Technologies Private Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-10%
GST
Blocktheory Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD1251J1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blocktheory Technologies Private Limited, buy the company report.
Recent activity
Blocktheory Technologies Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Nikhil Nanu ceased to be Additional Director on 31 Dec 2020.
AGM
Blocktheory Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Blocktheory Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nikhil Nanu ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100384020 was registered on 05 Nov 2020.
Ceased
Vijay Kumar ceased to be Director.
Appointed
Belavadi Mogannagowda Punith was appointed as Director.
Appointed
Yashawanth Mogannagowda Belavadi was appointed as Director.
Incorporation
25 Aug 2014
Blocktheory Technologies Private Limited was registered on 25 Aug 2014 with Roc Bangalore & aged 12 years 2 months as per MCA records.
Frequently asked questions
Blocktheory Technologies 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 25 August 2014 (12+ years old) and is registered under CIN U72200KA2014PTC076007.
Blocktheory Technologies has 2 current directors:
- Belavadi Mogannagowda Punith - Director
- Yashawanth Mogannagowda Belavadi - Director
The latest financial statements of Blocktheory Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Blocktheory Technologies is 29AAFCD1251J1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Blocktheory Technologies is U72200KA2014PTC076007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blocktheory Technologies was incorporated on 25 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Blocktheory Technologies by revenue are Orthofx Private Limited, Kodo Technologies Private Limited, Ar Infomatrix Private Limited, Stellen Infotech Private Limited, Browntape Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Nikhil Nanu ceased to be Additional Director on 31 Dec 2020. Vijay Kumar ceased to be Director on 18 Mar 2020. Belavadi Mogannagowda Punith was appointed as Director on 25 Aug 2014. Blocktheory Technologies has 4 board changes on record in total.
Yes, Blocktheory Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0038547).
Blocktheory Technologies can be reached through the website designstring.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Blocktheory Technologies is at #121 2nd Floor 3rd Cross Phase 1 Reliable Residency Layout, Somsandra Palya Hsr Layout, Bangalore, Karnataka, India – 560102.
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