
About Cirkle Studio Private Limited
Data last updated:
Cirkle Studio Private Limited is a private limited company based in Surat, Gujarat, 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 21 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC102940. Its GSTIN is 24AAHCC6368D1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Siddharth Popatbhai Kevadiya and Chiragkumar Ramjibhai Patel.
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 Shop – 506 5th Floor R.J.D. Business Hub Wing – B Nagina Wadi Kashanagar Road Katargam, Surat, Gujarat, India – 395004.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.42 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹16.64 Lakh (net margin 2.6%) and EBITDA of ₹24.33 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 35% over five years.
The company is associated with 1 brand: Cirkle Studio. Court records list 3 cases involving the company, including 3 filed by the company.
For more details, the company can be reached via its website cirklestudio.co.
Company details
Recognitions & Rankings of Cirkle Studio
Contact details
Cirkle Studio Private Limited's registered office is in Surat, Gujarat. Its website is cirklestudio.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop – 506 5th Floor R.J.D. Business Hub Wing – B Nagina Wadi Kashanagar Road Katargam, Surat, Gujarat, India – 395004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Cirkle Studio Private Limited, buy the company report.
- 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
Cirkle Studio operates one associated brand: Cirkle Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom application development services for tailored software solutions. | cirklestudio.co |
Business activity
The main business activity of Cirkle Studio is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cirkle Studio Private Limited, buy the company report.
Financials of Cirkle Studio Private Limited
FY 2025 filings availableCirkle Studio Private Limited reported revenue of ₹6.42 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 17% growth in the latest year. EBITDA rose 38% 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 |
|---|---|---|---|---|---|
| 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 | ₹24.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.64 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Cirkle Studio Private Limited, buy the company report.
Board of directors of Cirkle Studio Private Limited
Cirkle Studio has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Popatbhai Kevadiya | Director | 01 Sep 2021 | 5 Years 1 Months | Current |
| Chiragkumar Ramjibhai Patel | Director | 01 Sep 2021 | 5 Years 1 Months | Current |
| Riddhi Parthikkumar Goti | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
| Parthik Hirjibhai Goti | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Cirkle Studio Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Halcyon Technologies Private Limited | ₹6.44 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Eresource Infotech Private Limited | ₹6.44 Cr (FY 2025) | 14.0% | Thane, Maharashtra, India | |||
| Renaissance Technologies Private Limited | ₹6.43 Cr (FY 2025) | -23.0% | Bangalore, Karnataka, India | |||
| Masala Games Private Limited | ₹6.42 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Cirkle Studio Private Limitedthis company | ₹6.42 Cr (FY 2025) | ₹16.64 Lakh | 2.6% | 17.0% | Surat, Gujarat, India | |
| Groupage Technologies Private Limited | ₹6.41 Cr (FY 2025) | 640.0% | Chennai, Tamil Nadu, India | |||
| Softcopy Business Solutions Private Limited | ₹6.41 Cr (FY 2019) | Dombivali, Maharashtra, India |
To see the full peer comparison of Cirkle Studio Private Limited, buy the company report.
Auditor
Cirkle Studio Private Limited is audited by H R M & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H R M & CO | FY 2024 | 132644W |
Shareholding
The shareholding of Cirkle Studio Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cirkle Studio Private Limited, buy the company report.
Legal cases
Cirkle Studio Private Limited has 3 court cases on record: 3 filed by Cirkle Studio. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Cirkle Studio 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 Cirkle Studio Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cirkle Studio has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCC6368D1ZQ | Gujarat | Active | 26 Jul 2018 |
To see the full GST registrations and return filing status of Cirkle Studio Private Limited, buy the company report.
Recent activity
Cirkle Studio Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Chiragkumar Ramjibhai Patel was appointed as Director on 01 Sep 2021.
Frequently asked questions
Cirkle Studio is an active private limited company based in Surat, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 June 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC102940.
Cirkle Studio has 4 current directors:
- Siddharth Popatbhai Kevadiya - Director
- Chiragkumar Ramjibhai Patel - Director
- Riddhi Parthikkumar Goti - Director
- Parthik Hirjibhai Goti - Director
The latest financial statements of Cirkle Studio 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 2019 are in the company report.
The GSTIN of Cirkle Studio is 24AAHCC6368D1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Cirkle Studio is U72900GJ2018PTC102940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cirkle Studio has 3 court cases on record: 3 filed by the company.
Cirkle Studio was incorporated on 21 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Cirkle Studio by revenue are Halcyon Technologies Private Limited, Eresource Infotech Private Limited, Renaissance Technologies Private Limited, Masala Games Private Limited, Groupage Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Chiragkumar Ramjibhai Patel was appointed as Director on 01 Sep 2021. Siddharth Popatbhai Kevadiya was appointed as Director on 01 Sep 2021. Parthik Hirjibhai Goti was appointed as Director on 21 Jun 2018. Cirkle Studio has 4 board changes on record in total.
Yes, Cirkle Studio is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Cirkle Studio can be reached through the website cirklestudio.co. Its registered office is in Surat, Gujarat, India.