About Ciphercode Tech Solutions Private Limited
Data last updated:
Ciphercode Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC112219. Its GSTIN is 29AAHCC5178M1ZZ (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Venkata Terugu Chalapathi and Venkata Sankara Satyanarayana Vara Prasad Chimka.
Its last annual general meeting (AGM) was held on 25 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 ₹51.05 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹25.72 Lakh (net margin -50.4%) and EBITDA of -₹23.43 Lakh (EBITDA margin -45.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 95% over five years.
The company is associated with 1 brand: Ciphercode. Court records list 2 cases involving the company; 2 cases are pending.
For more details, the company can be reached via its website ciphercode.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered AddressNo 6 14th Main Road, Hsr Layout 5th Sector, Bangalore, Karnataka, India – 560102
- 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
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Business Activity of Ciphercode Tech Solutions Private Limited
The main business activity of Ciphercode Tech Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Ciphercode Tech Solutions Private Limited FY 2025 filings available
Ciphercode Tech Solutions Private Limited reported revenue of ₹51.05 Lakh (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ciphercode Tech Solutions Private Limited
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 95%. EBITDA fell 362% 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 Ciphercode Tech Solutions 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 | -₹23.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.72 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ciphercode Tech Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -50.4% | •••• | •••• | •••• | •••• |
| 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 Ciphercode Tech Solutions are in the company report.
Financial statements from FY 2019
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 Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NRB Estates Private Limited | ₹51.08 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Ant Technologies Private Limited | ₹51.08 Lakh (FY 2022) | •••• | •••• | 948.0% | •••• | Bengaluru, Karnataka, India |
| Speedy Ferro Metal Private Limited | ₹51.08 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Navi Mumbai, Maharashtra, India |
| Eci Consulting Engineers Private Limited | ₹51.07 Lakh (FY 2025) | •••• | •••• | 1577.0% | •••• | New Delhi, Delhi, India |
| Esperanca Consulting Private Limited | ₹51.05 Lakh (FY 2024) | •••• | •••• | 76.0% | •••• | Chennai, Tamil Nadu, India |
| Ciphercode Tech Solutions Private Limited this company | ₹51.05 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Bangalore, Karnataka, India |
| Semi Tech Services India Private Limited | ₹51.04 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Excellenceport Private Limited | ₹51.03 Lakh (FY 2024) | •••• | •••• | 117.0% | •••• | Nashik, Maharashtra, India |
| Brand Labs India Private Limited | ₹51.03 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Gurugram, Haryana, India |
| Ferriswheel Entertainment Private Limited | ₹51.02 Lakh (FY 2021) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Trypp Travel Services Private Limited | ₹51.02 Lakh (FY 2025) | •••• | •••• | 114.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ciphercode Tech Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions Private Limited is audited by MANU Y S and Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANU Y S and Co | 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 Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Terugu Chalapathi Also directs: Metacipher Labs Private Limited | Director | 12 Apr 2018 | 8 Years 6 Months | Current |
| Venkata Sankara Satyanarayana Vara Prasad Chimka Also directs: Smarteck Info Solutions Private Limited | Director | 11 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Ciphercode Tech Solutions 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 Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions Private Limited has 2 court cases on record: 2 where it is another party. All cases are pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CMA(PT)) | Company is another party | Pending |
Full case history
All 2 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.
Associated Brands with Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions operates one associated brand: Ciphercode. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security and development services are provided in Bengaluru, India. | ciphercode.co |
Employees and EPFO Compliance at Ciphercode Tech Solutions Private Limited
Employment history and EPFO contributions of people linked to Ciphercode Tech Solutions.
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.
Recent Activity on Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Teruga Hemavathi ceased to be Director on 11 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Ciphercode Tech Solutions 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.
MSME Payment Delays by Ciphercode Tech Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ciphercode Tech Solutions 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 Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC5178M1ZZ | Karnataka | Active | 27 Nov 2018 |
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 Ciphercode Tech Solutions 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 Ciphercode Tech Solutions Private Limited
Ciphercode Tech Solutions 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 12 April 2018 (8+ years old) and is registered under CIN U72900KA2018PTC112219.
Ciphercode Tech Solutions reported revenue of ₹51.05 Lakh for FY 2025 (down 58% YoY).
Ciphercode Tech Solutions has 2 current directors:
- Venkata Terugu Chalapathi - Director
- Venkata Sankara Satyanarayana Vara Prasad Chimka - Director
Ciphercode Tech Solutions reported a net loss of ₹25.72 Lakh (net margin -50.4%) and EBITDA of -₹23.43 Lakh (EBITDA margin -45.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ciphercode Tech Solutions is 25% over three years and 95% over five years. In the latest year (FY 2025) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ciphercode Tech Solutions is 29AAHCC5178M1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Ciphercode Tech Solutions is U72900KA2018PTC112219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciphercode Tech Solutions has 2 court cases on record. 2 are pending.
Ciphercode Tech Solutions was incorporated on 12 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ciphercode Tech Solutions by revenue are NRB Estates Private Limited, Ant Technologies Private Limited, Speedy Ferro Metal Private Limited, Eci Consulting Engineers Private Limited, Esperanca Consulting Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Teruga Hemavathi ceased to be Director on 11 Jun 2025. Venkata Sankara Satyanarayana Vara Prasad Chimka was appointed as Director on 11 Jun 2025. Busa Nagaraja Bhaskar ceased to be Director on 24 Apr 2024. Ciphercode Tech Solutions has 4 board changes on record in total.