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Ciphon Industries Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.71 Cr
▼ 6% YoY
Net profit · FY 2025
₹57.56 Lakh
Net margin 1%
EBITDA · FY 2025
₹4.78 Cr
EBITDA margin 8.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹18.13 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
20
Provident fund records
About Ciphon Industries Private Limited
Data last updated:
Ciphon Industries Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 09 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25206KA2022PTC165952. Its GSTIN is 29AAKCC5867G1Z5 (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Anitha and Jayarama Ishwara Naik.
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 No. 222 L.S Enclave 1st Floor 3rd Main 4th Cross Chamrajpet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.71 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹57.56 Lakh (net margin 1%) and EBITDA of ₹4.78 Cr (EBITDA margin 8.4%).
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ciphon Industries Pvt Ltd. As per MCA filings, the company has open charges of ₹18.13 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Ciphon Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0275780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ciphon.in.
Company details
CIN U25206KA2022PTC165952
Registration Number 165952
Incorporation Date 09 September 2022
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
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0275780
Recognitions & Rankings of Ciphon Industries
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0275780
Contact details
Ciphon Industries Private Limited's registered office is in Bangalore, Karnataka. Its website is ciphon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 222 L.S Enclave 1st Floor 3rd Main 4th Cross Chamrajpet, Bangalore, Karnataka, India – 560018
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Ciphon Industries Private Limited, buy the company report.
Comprehensive company report
Ciphon Industries 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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Brands
Ciphon Industries operates one associated brand: Ciphon Industries Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of HDPE pipes, ducts, and accessories for industrial applications. | ciphon.in |
Business activity
The main business activity of Ciphon Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ciphon Industries Private Limited, buy the company report.
Financials of Ciphon Industries Private Limited
FY 2025 filings availableCiphon Industries Private Limited reported revenue of ₹56.71 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹56.71 Cr ▼ 6%
Net profit · FY 2025
₹57.56 Lakh margin 1%
EBITDA · FY 2025
₹4.78 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
EBITDA CAGR growth
1 year
▲ 15%
Revenue fell 6% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹4.78 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹57.56 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.4% | ||
| Net Profit Margin | 1% | ||
| 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 Ciphon Industries Private Limited, buy the company report.
Board of directors of Ciphon Industries Private Limited
Ciphon Industries has 6 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 |
|---|---|---|---|---|
| Anitha | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Jayarama Ishwara Naik | Director | 04 Nov 2023 | 2 Years 11 Months | Current |
| Thonse Venugopal Rao | Director | 04 Nov 2023 | 2 Years 11 Months | Current |
| Sangeeta Dinesh Mehta | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Urmila Kumari | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Sham Sunder Kolar Shankaranarayana Rao | Director | 04 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Ciphon Industries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Man Narayan Polytax Private Limited | ₹57.24 Cr (FY 2025) | 94.0% | Tikamgarh, Madhya Pradesh, India | |||
| Rane Plastics Private Limited | ₹57.15 Cr (FY 2025) | 31.0% | Mumabi, Maharashtra, India | |||
| Bmraj Industries Private Limited | ₹56.9 Cr (FY 2025) | 50.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| SRM Plastochem Private Limited | ₹56.9 Cr (FY 2025) | 18.0% | Kota, Rajasthan, India | |||
| Ciphon Industries Private Limitedthis company | ₹56.71 Cr (FY 2025) | ₹57.56 Lakh | 1% | -6.0% | Bangalore, Karnataka, India | |
| Chittor Packtech Private Limited | ₹56.7 Cr (FY 2024) | 18.0% | Chittorgarh, Rajasthan, India | |||
| Terra Polyplast Private Limited | ₹56.22 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Kay Plast Product Private Limited | ₹56.21 Cr (FY 2024) | -8.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Ciphon Industries Private Limited, buy the company report.
Auditor
Ciphon Industries Private Limited is audited by Sudeep Shetty & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudeep Shetty & Co. | FY 2023 | SUDEEP SHETTY AND CO |
Shareholding
The shareholding of Ciphon Industries Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ciphon Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2023 | 100800196 | State Bank of India | ₹18.13 Cr | Open |
To see the full charge records of Ciphon Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ciphon Industries Private Limited has 4 court cases on record: 4 filed by Ciphon Industries. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against A G J Constructions | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against A G J Constructions | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ciphon Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ciphon Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ciphon Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCC5867G1Z5 | Karnataka | Active | 10 Mar 2023 |
To see the full GST registrations and return filing status of Ciphon Industries Private Limited, buy the company report.
Recent activity
Ciphon Industries Private Limited has 9 board changes on record since 2022: 6 appointments and 3 cessations. The latest: Jayarama Ishwara Naik ceased to be Additional Director on 29 Nov 2023.
AGM
Ciphon Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ciphon Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 18.13 Cr registered on 01 Sep 2023 with Charge ID 100800196 was modified on 15 Jan 2025.
Ceased
Jayarama Ishwara Naik ceased to be Additional Director.
Ceased
Sham Sunder Kolar Shankaranarayana Rao ceased to be Additional Director.
Ceased
Thonse Venugopal Rao ceased to be Additional Director.
Appointed
Jayarama Ishwara Naik was appointed as Director.
Appointed
Sham Sunder Kolar Shankaranarayana Rao was appointed as Director.
Appointed
Thonse Venugopal Rao was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 18.13 Cr with Charge ID 100800196 was registered on 01 Sep 2023.
Appointed
Anitha was appointed as Director.
Appointed
Sangeeta Dinesh Mehta was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Ciphon Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 09 September 2022 (4+ years old) and is registered under CIN U25206KA2022PTC165952.
Ciphon Industries has 6 current directors:
- Anitha - Director
- Jayarama Ishwara Naik - Director
- Thonse Venugopal Rao - Director
- Sangeeta Dinesh Mehta - Director
- Urmila Kumari - Director
- Sham Sunder Kolar Shankaranarayana Rao - Director
The latest financial statements of Ciphon Industries 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 FY 2023 are in the company report.
The GSTIN of Ciphon Industries is 29AAKCC5867G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Ciphon Industries is U25206KA2022PTC165952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciphon Industries has 4 court cases on record: 4 filed by the company.
Ciphon Industries was incorporated on 09 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ciphon Industries by revenue are Shri Man Narayan Polytax Private Limited, Rane Plastics Private Limited, Bmraj Industries Private Limited, SRM Plastochem Private Limited, Chittor Packtech Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Jayarama Ishwara Naik ceased to be Additional Director on 29 Nov 2023. Sham Sunder Kolar Shankaranarayana Rao ceased to be Additional Director on 29 Nov 2023. Thonse Venugopal Rao ceased to be Additional Director on 29 Nov 2023. Ciphon Industries has 9 board changes on record in total.
Yes, Ciphon Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ciphon Industries is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0275780).