Caravel Info Systems Private Limited

Caravel Info Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72100KA1998PTC023805 Incorporated 03 June 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2022
₹1.82 Cr
▼ 47% YoY
Net profit · FY 2022
₹58.34 Lakh
Net margin 32%
EBITDA · FY 2022
₹69.51 Lakh
EBITDA margin 38.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
1
Provident fund records
Directors on board
4
As per MCA filings

About Caravel Info Systems Private Limited

Data last updated:

Caravel Info Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cranes Software International Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA1998PTC023805. Its GSTIN is 29AAACC8334Q2Z1 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Mukkaram Jan and Asif Khader.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.82 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹58.34 Lakh (net margin 32%) and EBITDA of ₹69.51 Lakh (EBITDA margin 38.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in July 2007.

Caravel Info Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0102027). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caravelindia.com.

Company details

CIN U72100KA1998PTC023805
Registration Number 023805
Incorporation Date 03 June 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Cranes Software International Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0102027
Key People
Mukkaram Jan Director Akthar Begum Additional Director Asif Khader Director

Recognitions & Rankings of Caravel Info Systems

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0102027

Contact details

Caravel Info Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is caravelindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    caravelindia.com
  • Registered Address
    6/2 Brigade Champak Mezzanine Floor, Union Street Infantary Road, Bangalore, Karnataka, India – 560001
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Caravel Info Systems Private Limited, buy the company report.

Comprehensive company report
Caravel Info Systems 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
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Business activity

The main business activity of Caravel Info Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Caravel Info Systems Private Limited, buy the company report.

Financials of Caravel Info Systems Private Limited

FY 2023 filings available

Caravel Info Systems Private Limited reported revenue of ₹1.82 Cr (down 47% YoY) for FY 2022.

Revenue · FY 2022
₹1.82 Cr ▼ 47%
Net profit · FY 2022
₹58.34 Lakh margin 32%
EBITDA · FY 2022
₹69.51 Lakh margin 38.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 3%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 36%
5 years · compounded
▲ 4%

Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 47% fall in the latest year. EBITDA fell 4% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.82 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹69.51 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58.34 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin38.2%
Net Profit Margin32%
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 Caravel Info Systems Private Limited, buy the company report.

Board of directors of Caravel Info Systems Private Limited

Caravel Info Systems has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukkaram Jan
Also directs: Sea Equity Enterprises Private Limited, Kandj Holdings Private Limited, Proland Softwares Private Limited and 5 more
Director11 Jul 200719 Years 3 MonthsCurrent
Akthar Begum
Also directs: Cranes Software International Limited, Proland Softwares Private Limited, Analytix Systems Private Limited and 3 more
Additional Director14 Nov 20187 Years 11 MonthsCurrent
Asif Khader
Also directs: Cranes Software International Limited, Sea Equity Enterprises Private Limited, Kandj Holdings Private Limited and 5 more
Director11 Jul 200719 Years 3 MonthsCurrent
Mueed Khader
Also directs: Cranes Software International Limited, Kandj Holdings Private Limited, Proland Softwares Private Limited and 3 more
Director11 Jul 200719 Years 3 MonthsCurrent
View all directors

Auditor

Caravel Info Systems Private Limited is audited by Sethia Prabhad Hegde & Co for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Sethia Prabhad Hegde & CoFY 2022013367S

Shareholding

The shareholding of Caravel Info Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Caravel Info Systems Private Limited, buy the company report.

Deals & funding

Caravel Info Systems Private Limited has 1 deal on record (1 acquisition); the latest was in July 2007.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2007Acquisition₹9.5 CrBuyer: Cranes Software International Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Caravel Info Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Caravel Info Systems Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-50%

GST

Caravel Info Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACC8334Q2Z1KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Caravel Info Systems Private Limited, buy the company report.

Recent activity

Caravel Info Systems Private Limited has 12 board changes on record since 2007: 4 appointments and 8 cessations. The latest: Akthar Begum was appointed as Additional Director on 14 Nov 2018.

AGM
Caravel Info Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Caravel Info Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Akthar Begum was appointed as Additional Director.
Ceased
Mukkaram Jan ceased to be Director.
Ceased
Khaisgai Shahanawaz Khan ceased to be Managing Director.
Ceased
Asif Khader ceased to be Additional Director.
Ceased
Mueed Khader ceased to be Additional Director.
Ceased
Kamaludeen Maitheen Khan ceased to be Director.
Ceased
Samir Bin Kamal ceased to be Director.
Ceased
Syed Abdul Mujeeb ceased to be Director.
Ceased
Zakir Hussain Kamaluddin ceased to be Director.
Appointed
Asif Khader was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Caravel Info Systems 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 03 June 1998 (28+ years old) and is registered under CIN U72100KA1998PTC023805.

Caravel Info Systems has 4 current directors:

The latest financial statements of Caravel Info Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Caravel Info Systems is 29AAACC8334Q2Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Caravel Info Systems is U72100KA1998PTC023805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Caravel Info Systems has 1 court case on record: 1 filed against it.

Caravel Info Systems was incorporated on 03 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

Caravel Info Systems has 1 deal on record (1 acquisition); the latest was in July 2007.

Akthar Begum was appointed as Additional Director on 14 Nov 2018. Mukkaram Jan ceased to be Director on 21 Mar 2018. Khaisgai Shahanawaz Khan ceased to be Managing Director on 10 Nov 2007. Caravel Info Systems has 12 board changes on record in total.

Yes, Caravel Info Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0102027).