About C2c Advanced Systems Limited
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C2c Advanced Systems Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of C2c Innovations Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L72200KA2018PLC110361. Its GSTIN is 29AAHCC4189Q1ZQ (Karnataka). It is a listed company as per MCA records. Its shares are listed on NSE: C2C.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹16.97 Cr. It was formerly known as C2C-Db Systems Private Limited. It is led by directors including Lakshmi Chandra (Managing Director) and Kuriyedath Ramesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹145.64 Cr, a growth of 26.5% compared to the previous year. For the same year it recorded a net profit of ₹18.34 Cr (net margin 12.6%) and EBITDA of ₹23.21 Cr (EBITDA margin 15.9%). The net worth stands at ₹236.48 Cr (up 19.7% YoY). Total assets are valued at ₹291.85 Cr (up 19.3% YoY).
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: C2C Advanced Systems. As per MCA filings, the company has open charges of ₹4.9 Cr on record. The company has 9 deals on record (4 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹57.24 Cr; the latest was in December 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website c2c-as.com.
Company details
CIN history
C2c Advanced Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72200KA2018PLC110361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200KA2018PLC110361 | Current |
| U72200KA2018PLC110361 | Previous |
| U72200KA2018PTC110361 | Previous |
Contact details
C2c Advanced Systems Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressNeil Rao Towers 4th Floor Cental Wing 117 & 118, Road No 3 Vijayanagar Epip Phase – 1 Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
- 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
Brands
C2c Advanced Systems operates one associated brand: C2C Advanced Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of C4ISR solutions for the military | c2c-as.com |
Business activity
The main business activity of C2c Advanced Systems is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of C2c Advanced Systems Limited, buy the company report.
Financials of C2c Advanced Systems Limited
FY 2025-26 filings availableC2c Advanced Systems Limited reported revenue of ₹145.64 Cr (up 26.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 146 | 115 | 41.06 | 8.05 | 0.35 | 1.08 |
| Revenue growth | +26.5% | +180.4% | +410.1% | +2200.0% | -67.6% | - |
| EBITDA | 23.21 | 41.45 | 18.36 | 3.84 | (2.06) | 0.13 |
| EBITDA margin | +15.9% | +36.0% | +44.7% | +47.7% | -588.6% | +12.0% |
| Profit before tax | 27.44 | 41.12 | 16.60 | 2.90 | (2.37) | (0.17) |
| Net profit | 18.34 | 28.84 | 12.28 | 2.87 | (2.35) | (0.13) |
| Net profit margin | +12.6% | +25.1% | +29.9% | +35.7% | -671.4% | -12.0% |
| EPS (₹) | 10.87 | 17.33 | 10.02 | 19.17 | (47.63) | (2.36) |
| Balance sheet | ||||||
| Total assets | 292 | 245 | 77.84 | 12.66 | 4.88 | 2.60 |
| Net worth | 236 | 198 | 76.46 | 2.52 | (1.37) | 0.97 |
| Total debt | 54.47 | 46.32 | 1.12 | 9.96 | 6.12 | 1.50 |
| Cash & bank | 0.93 | 1.72 | 15.41 | 0.00 | 0.04 | 0.10 |
| Net working capital | 251 | 205 | 72.18 | 8.04 | (0.06) | (1.79) |
| Cash flow | ||||||
| Cash from operations | (17.95) | (115) | (35.27) | (4.81) | (4.16) | 2.12 |
| Cash from investing | (2.48) | (27.90) | (0.82) | (0.11) | (0.05) | (3.14) |
| Cash from financing | 19.64 | 129 | 51.50 | 4.88 | 4.14 | 1.03 |
| Particulars | Mar 2024 |
|---|---|
| Revenue | 19.00 |
| Other income | 0.22 |
| Total expenses | 8.95 |
| EBITDA | 10.05 |
| EBITDA margin | +52.9% |
| Depreciation | 0.32 |
| Interest | 0.72 |
| Profit before tax | 9.23 |
| Tax | 2.41 |
Financial Statements
| Particulars | Mar 2024 |
|---|---|
| Revenue | 19.00 |
| Other income | 0.22 |
| Total expenses | 8.95 |
| EBITDA | 10.05 |
| EBITDA margin | +52.9% |
| Depreciation | 0.32 |
| Interest | 0.72 |
| Profit before tax | 9.23 |
| Tax | 2.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 146 | 115 | 41.06 | 8.05 | 0.35 | 1.08 |
| Revenue growth | +26.5% | +180.4% | +410.1% | +2200.0% | -67.6% | - |
| Other income | 16.03 | 2.35 | 0.24 | 0.02 | 0.00 | 0.00 |
| Total expenses | 122 | 73.66 | 22.70 | 4.21 | 2.41 | 0.95 |
| Employee cost | 0.00 | 12.18 | 9.31 | 3.09 | 2.10 | 0.27 |
| EBITDA | 23.21 | 41.45 | 18.36 | 3.84 | (2.06) | 0.13 |
| EBITDA margin | +15.9% | +36.0% | +44.7% | +47.7% | -588.6% | +12.0% |
| Depreciation | 3.10 | 1.73 | 1.18 | 0.88 | 0.25 | 0.30 |
| Interest | 8.70 | 0.95 | 0.82 | 0.08 | 0.06 | 0.00 |
| Profit before tax | 27.44 | 41.12 | 16.60 | 2.90 | (2.37) | (0.17) |
| Tax | 9.10 | 12.28 | 4.32 | 0.03 | (0.02) | (0.04) |
| Net profit | 18.34 | 28.84 | 12.28 | 2.87 | (2.35) | (0.13) |
| Net profit margin | +12.6% | +25.1% | +29.9% | +35.7% | -671.4% | -12.0% |
| EPS (₹) | 10.87 | 17.33 | 10.02 | 19.17 | (47.63) | (2.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 16.97 | 16.64 | 12.26 | 1.50 | 0.50 | 0.50 |
| Reserves & surplus | 220 | 181 | 64.20 | 1.02 | (1.87) | 0.47 |
| Shareholders' funds (net worth) | 236 | 198 | 76.46 | 2.52 | (1.37) | 0.97 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 0.32 |
| Unsecured loans | 54.47 | 46.32 | 1.12 | 9.96 | 5.89 | 1.18 |
| Total debt | 54.47 | 46.32 | 1.12 | 9.96 | 6.12 | 1.50 |
| Total liabilities | 292 | 245 | 77.84 | 12.66 | 4.88 | 2.60 |
| Assets | ||||||
| Gross block | 19.39 | 17.45 | 7.19 | 5.69 | 2.02 | 0.56 |
| Net block | 12.73 | 13.90 | 4.14 | 3.82 | 1.06 | 0.56 |
| Capital work in progress | 26.67 | 25.57 | 0.00 | 0.00 | 3.12 | 3.11 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 62.06 | 58.83 | 6.55 | 1.30 | 0.04 | 0.08 |
| Sundry debtors | 240 | 110 | 42.70 | 8.99 | 1.82 | 1.78 |
| Cash & bank balances | 0.93 | 1.72 | 15.41 | 0.00 | 0.04 | 0.10 |
| Loans & advances | 29.66 | 50.90 | 15.52 | 3.59 | 2.19 | 1.52 |
| Total current assets | 333 | 221 | 80.18 | 13.88 | 4.09 | 3.48 |
| Total current liabilities | 81.97 | 16.24 | 8.00 | 5.84 | 4.15 | 5.27 |
| Net working capital | 251 | 205 | 72.18 | 8.04 | (0.06) | (1.79) |
| Total assets | 292 | 245 | 77.84 | 12.66 | 4.88 | 2.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 1.72 | 15.41 | 0.00 | 0.04 | 0.10 | 0.09 |
| Net cash from operating activities | (17.95) | (115) | (35.27) | (4.81) | (4.16) | 2.12 |
| Net cash from investing activities | (2.48) | (27.90) | (0.82) | (0.11) | (0.05) | (3.14) |
| Net cash from financing activities | 19.64 | 129 | 51.50 | 4.88 | 4.14 | 1.03 |
| Net change in cash | (0.79) | (13.69) | 15.40 | (0.04) | (0.07) | 0.01 |
| Closing cash | 0.93 | 1.72 | 15.41 | 0.00 | 0.04 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +26.5% | +180.4% | +410.1% | +2200.0% | -67.6% | - |
| EBITDA growth | -44.0% | +125.8% | +378.1% | +286.4% | -1684.6% | - |
| PBT growth | -33.3% | +147.7% | +472.4% | +9998.0% | -1294.1% | +9997.0% |
| Net income growth | -36.4% | +134.9% | +327.9% | +222.1% | -1707.7% | - |
| Revenue CAGR (3Y) | +162.5% | +590.3% | +236.3% | - | - | - |
| EBITDA CAGR (3Y) | +82.2% | - | +420.8% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +12.6% | +25.1% | +29.9% | +35.7% | -671.4% | -12.0% |
| Return on capital employed | - | +26.1% | +38.5% | +34.1% | 0.0% | -6.2% |
| Return on net worth | - | +21.1% | +31.1% | +500.9% | 0.0% | -12.4% |
| Debt / equity | - | 0.17 | 0.14 | 13.98 | 0.00 | 1.54 |
| Long-term debt / equity | - | 0.03 | 0.00 | 0.09 | 0.00 | 0.17 |
| Interest cover | 43.26 | 2.39 | 4.77 | 2.70 | -2.60 | 0.00 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 9.34 | 6.38 | 2.09 | 0.27 | 1.93 |
| Inventory turnover | - | 3.52 | 10.46 | 12.01 | 5.83 | 13.50 |
| Debtors turnover | - | 1.51 | 1.59 | 1.49 | 0.19 | 0.61 |
| EPS (₹) | 10.87 | 17.33 | 10.02 | 19.17 | (47.63) | (2.36) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 118.74 | 62.38 | 16.81 | (27.31) | 19.47 |
To see the full year-wise statements and ratios of C2c Advanced Systems Limited, buy the company report.
Board of directors of C2c Advanced Systems Limited
C2c Advanced Systems has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuriyedath Ramesh | Whole-Time Director | 21 Feb 2018 | 8 Years 8 Months | Current |
| Murtaza Ali Soomar Also directs: Zasfa Packaging Private Limited, Mytravel Value Private Limited | Whole-Time Director | 30 Sep 2018 | 8 Years 1 Months | Current |
| Lakshmi Chandra | Managing Director | 31 Dec 2022 | 3 Years 10 Months | Current |
| Narendra Subrahmanya Srinivasa Lanka | Whole-Time Director | 24 Dec 2025 | 0 Years 10 Months | Current |
| Neha Gupta Also directs: Akal Information Systems Limited | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Kishore Soni | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101154578 | Others | ₹4.9 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
C2c Advanced Systems Limited has 9 deals on record (4 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹57.24 Cr; the latest was in December 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | IPO | ₹99.07 Cr | Investors: IPO Shareholders - C2C Advanced Systems Limited, LC Radiance Fund VCC, Shine Star Build-Cap Private Limited |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: C2c Innovations Private Limited |
| Feb 2024 | Funding round | ₹39.12 Cr | Investors: PVR Multimedia Private Limited. , Unialt Asset, Haryana Refectories Private Limited |
| Jan 2024 | Funding round | ₹10.64 Cr | Investors: V2k Hospitality Private Limited , 3 individuals |
| Dec 2023 | Rights issue | ₹1.12 Cr | Investors: V2k Hospitality Private Limited |
To see the full deal history of C2c Advanced Systems 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
No court or tribunal cases involving C2c Advanced Systems 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 C2c Advanced Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
C2c Advanced Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC4189Q1ZQ | Karnataka | Active | 17 May 2018 |
To see the full GST registrations and return filing status of C2c Advanced Systems Limited, buy the company report.
Recent activity
C2c Advanced Systems Limited has 15 board changes on record since 2018: 8 appointments and 7 cessations. The latest: Narendra Subrahmanya Srinivasa Lanka was appointed as Whole-Time Director on 24 Dec 2025.
7 earlier events are in the company report.
News
Frequently asked questions
C2c Advanced Systems is an active public 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 21 February 2018 (8+ years old) and is registered under CIN L72200KA2018PLC110361. Listed on NSE: C2C.
C2c Advanced Systems reported revenue of ₹145.64 Cr for FY 2025-26 (up 26.5% YoY) based on standalone financials.
C2c Advanced Systems has 8 current directors:
- Lakshmi Chandra - Managing Director
- Kuriyedath Ramesh - Whole-Time Director
- Murtaza Ali Soomar - Whole-Time Director
- Narendra Subrahmanya Srinivasa Lanka - Whole-Time Director
- Neha Gupta - Director
- Kishore Soni - Director
- Parminder Jit Singh Pannu - Director
- Shashi Gupta - Director
The latest financial statements of C2c Advanced Systems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of C2c Advanced Systems is 29AAHCC4189Q1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of C2c Advanced Systems is L72200KA2018PLC110361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. C2c Advanced Systems is a listed company as per MCA records. Its shares are listed on NSE (symbol: C2C).
C2c Advanced Systems was incorporated on 21 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
C2c Advanced Systems has 9 deals on record (4 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹57.24 Cr; the latest was in December 2024.
Narendra Subrahmanya Srinivasa Lanka was appointed as Whole-Time Director on 24 Dec 2025. Syam Sundar Venkata Appala ceased to be Additional Director on 29 Sep 2025. Neha Gupta ceased to be Additional Director on 27 Dec 2024. C2c Advanced Systems has 15 board changes on record in total.
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