Cirkle Studio Private Limited

Cirkle Studio Private Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2018PTC102940 Incorporated 21 June 2018 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2025
₹6.42 Cr
▲ 17% YoY
Net profit · FY 2025
₹16.64 Lakh
Net margin 2.6%
EBITDA · FY 2025
₹24.33 Lakh
EBITDA margin 3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U72900GJ2018PTC102940
Registration Number 102940
Incorporation Date 21 June 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Cirkle Studio

DPIIT recognised startup Government of India
Startup India

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
  • Social Media
  • Registered Address
    Shop – 506 5th Floor R.J.D. Business Hub Wing – B Nagina Wadi Kashanagar Road Katargam, Surat, Gujarat, India – 395004
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Cirkle Studio Private Limited, buy the company report.

Comprehensive company report
Cirkle Studio 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

Cirkle Studio operates one associated brand: Cirkle Studio. Each brand links to its own profile.

BrandDescriptionWebsite
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 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 Cirkle Studio Private Limited, buy the company report.

Financials of Cirkle Studio Private Limited

FY 2025 filings available

Cirkle Studio Private Limited reported revenue of ₹6.42 Cr (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹6.42 Cr ▲ 17%
Net profit · FY 2025
₹16.64 Lakh margin 2.6%
EBITDA · FY 2025
₹24.33 Lakh margin 3.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 40%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 61%
5 years · compounded
▲ 40%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.8%
Net Profit Margin2.6%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddharth Popatbhai KevadiyaDirector01 Sep 20215 Years 1 MonthsCurrent
Chiragkumar Ramjibhai PatelDirector01 Sep 20215 Years 1 MonthsCurrent
Riddhi Parthikkumar GotiDirector21 Jun 20188 Years 4 MonthsCurrent
Parthik Hirjibhai GotiDirector21 Jun 20188 Years 4 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh2.6%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 firmFinancial yearFirm registration number
H R M & COFY 2024132644W

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 categoryFY 2024FY 2023FY 2022FY 2021FY 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCC6368D1ZQGujaratActive26 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.

AGM
Cirkle Studio Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cirkle Studio Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Chiragkumar Ramjibhai Patel was appointed as Director.
Appointed
Siddharth Popatbhai Kevadiya was appointed as Director.
Appointed
Parthik Hirjibhai Goti was appointed as Director.
Appointed
Riddhi Parthikkumar Goti was appointed as Director.
Incorporation
21 Jun 2018
Cirkle Studio Private Limited was registered on 21 Jun 2018 with Roc Ahmedabad & aged 8 years 4 months as per MCA records.

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:

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.