About Citrin Technologies India Private Limited
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Citrin Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 25 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC064139. Its GSTIN is 29AAECC8808P1ZX (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijaya Bhaskar Karunakaran and Manimaran.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 2C – 112 1st Floor 2nd Cross Road Kasturinagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2021, the company reported a revenue of ₹32.26 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹14,904 (net margin -0.5%) and EBITDA of ₹43,111 (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citrintech.com.
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- TelephoneLocked
- Website
- Social Media
- Registered Address2C – 112 1st Floor 2nd Cross Road Kasturinagar, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Web Design & Maintenance 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
- One PDF report, delivered after checkout
Business Activity of Citrin Technologies India Private Limited
The main business activity of Citrin Technologies India 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 Citrin Technologies India Private Limited FY 2022 filings available
Citrin Technologies India Private Limited reported revenue of ₹32.26 Lakh (down 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Citrin Technologies India Private Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 91% 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 Citrin Technologies India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹43,111 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14,904 | •••• | •••• | •••• | •••• |
| 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 of Citrin Technologies India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.5% | •••• | •••• | •••• | •••• |
| 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 Citrin Technologies India are in the company report.
Financial statements from 2015
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 Citrin Technologies India Private Limited
Citrin Technologies India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quantzi Infotech Private Limited | ₹32.55 Lakh (FY 2019) | •••• | •••• | 121.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Future IT Touch Private Limited | ₹32.5 Lakh (FY 2024) | •••• | •••• | 323.0% | •••• | Chandigarh, India |
| Star Web Maker Services Private Limited | ₹32.46 Lakh (FY 2024) | •••• | •••• | 47.0% | •••• | Delhi, India |
| Esme Digital Solutions Private Limited | ₹32.31 Lakh (FY 2025) | •••• | •••• | 62.0% | •••• | Kolkata, West Bengal, India |
| Interavant Infotech Private Limited | ₹32.28 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Ahmedabad, Gujarat, India |
| Citrin Technologies India Private Limited this company | ₹32.26 Lakh (FY 2021) | •••• | •••• | -22.0% | •••• | Bangalore, Karnataka, India |
| Agastyainfo Media Private Limited | ₹32.15 Lakh (FY 2019) | •••• | •••• | •••• | Nagadevanahalli Bangalore, Karnataka, India | |
| Tecknologics Web Engineering Solutions India Private Limited | ₹32.14 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Coimbatore, Tamil Nadu, India |
| Swastikweb Technology Private Limited | ₹32.13 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Gurgaon, Haryana, India |
| Liverpool Webtech (OPC) Private Limited | ₹32.09 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Vadodara, Gujarat, India |
| Netgrow Systems Private Limited | ₹31.93 Lakh (FY 2019) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Citrin Technologies India by revenue in the Information Technology industry (Website Design and Maintenance), 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 Citrin Technologies India Private Limited
Citrin Technologies India Private Limited is audited by RAMAKRISHNA KAMAT & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMAKRISHNA KAMAT & ASSOCIATES | 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 Citrin Technologies India Private Limited
Citrin Technologies India 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 |
|---|---|---|---|---|
| Vijaya Bhaskar Karunakaran Also directs: Gawvs Pet Care Private Limited | Director | 25 May 2012 | 14 Years 4 Months | Current |
| Manimaran | Director | 03 Aug 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Citrin Technologies India 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 Citrin Technologies India Private Limited
Citrin Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Citrin Technologies India Private Limited
Employment history and EPFO contributions of people linked to Citrin Technologies India.
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 Citrin Technologies India Private Limited
Citrin Technologies India Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Andrew Christopher Taylor ceased to be Director on 03 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Citrin Technologies India 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 Citrin Technologies India 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 Citrin Technologies India 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 Citrin Technologies India Private Limited
Citrin Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC8808P1ZX | Karnataka | Active | 01 Jul 2017 |
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 Citrin Technologies India 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 Citrin Technologies India Private Limited
Citrin Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 25 May 2012 (14+ years old) and is registered under CIN U72200KA2012PTC064139.
Citrin Technologies India reported revenue of ₹32.26 Lakh for FY 2021 (down 22% YoY).
Citrin Technologies India has 2 current directors:
- Vijaya Bhaskar Karunakaran - Director
- Manimaran - Director
Citrin Technologies India reported a net loss of ₹14,904 (net margin -0.5%) and EBITDA of ₹43,111 (EBITDA margin 1.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Citrin Technologies India is -26% over three years and 8% over five years. In the latest year (FY 2021) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Citrin Technologies India is 29AAECC8808P1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Citrin Technologies India is U72200KA2012PTC064139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrin Technologies India was incorporated on 25 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Citrin Technologies India by revenue are Quantzi Infotech Private Limited, Future IT Touch Private Limited, Star Web Maker Services Private Limited, Esme Digital Solutions Private Limited, Interavant Infotech Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Andrew Christopher Taylor ceased to be Director on 03 Jun 2019. Manimaran ceased to be Additional Director on 29 Sep 2018. Manimaran was appointed as Director on 03 Aug 2018. Citrin Technologies India has 4 board changes on record in total.
Citrin Technologies India can be reached through the website citrintech.com. Its registered office is in Bangalore, Karnataka, India.