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Citriot Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.43 Cr
▲ 428% YoY
Net profit · FY 2024
₹3.64 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹4.07 Lakh
EBITDA margin 2.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Citriot Solutions Private Limited
Data last updated:
Citriot Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2018PTC116838. Its GSTIN is 29AAHCC7624E1ZL (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Faraaz Syed and Syed Abdul Wajid.
Its last annual general meeting (AGM) was held on 10 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #45/48 J.K.Farms Near Gnana Bodini School Dubasipalya Kengeri Hobali, Bangalore, Karnataka, India – 560059.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.64 Lakh (net margin 2.5%) and EBITDA of ₹4.07 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 129% over five years.
The company is associated with 1 brand: Citriot. Court records list 1 case involving the company, including 1 filed against it.
Citriot Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0131009). For more details, the company can be reached via its website citriot.com.
Company details
CIN U72200KA2018PTC116838
Registration Number 116838
Incorporation Date 25 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 November 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0131009
Recognitions & Rankings of Citriot Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0131009
Contact details
Citriot Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is citriot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#45/48 J.K.Farms Near Gnana Bodini School Dubasipalya Kengeri Hobali, Bangalore, Karnataka, India – 560059
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Citriot Solutions Private Limited, buy the company report.
Comprehensive company report
Citriot Solutions 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
Citriot Solutions operates one associated brand: Citriot. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-driven tools for predictive maintenance and quality control in industries. | citriot.ai |
Business activity
The main business activity of Citriot Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Citriot Solutions Private Limited, buy the company report.
Financials of Citriot Solutions Private Limited
FY 2025 filings availableCitriot Solutions Private Limited reported revenue of ₹1.43 Cr (up 428% YoY) for FY 2024.
Revenue · FY 2024
₹1.43 Cr ▲ 428%
Net profit · FY 2024
₹3.64 Lakh margin 2.5%
EBITDA · FY 2024
₹4.07 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 428%
3 years · compounded
▲ 73%
5 years · compounded
▲ 129%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▼ 29%
5 years · compounded
▲ 232%
Revenue has grown at a compounded annual rate (CAGR) of 129% over five years, including 428% growth in the latest year. EBITDA rose 115% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.64 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Citriot Solutions Private Limited, buy the company report.
Board of directors of Citriot Solutions Private Limited
Citriot Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Faraaz Syed Also directs: Safa Intellico LLP, Citriot (OPC) Private Limited | Director | 25 Sep 2018 | 8 Years 1 Months | Current |
| Syed Abdul Wajid | Director | 25 Sep 2018 | 8 Years 1 Months | Current |
| Maimuna Iram Also directs: Daazel Jewellery and Lifestyle Private Limited, Cartree Accessories Private Limited, Petro Vistech Private Limited and 2 more | Additional Director | 20 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Citriot Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lycos India Limited | ₹1.43 Cr (FY 2023) | 2.0% | Bhubaneswar, Odisha, India | |||
| Kaira Software Private Limited | ₹1.43 Cr (FY 2024) | 21.0% | Ahmedabad, Gujarat, India | |||
| Ayyan Tech-Edu Systems Private Limited | ₹1.43 Cr (FY 2025) | 1307.0% | Mumbai, Maharashtra, India | |||
| Decencode Technologies India Private Limited | ₹1.43 Cr (FY 2024) | Salem, Tamil Nadu, India | ||||
| Reporting and Data Solutions Private Limited | ₹1.43 Cr (FY 2025) | -30.0% | Madurai, Tamil Nadu, India | |||
| Citriot Solutions Private Limitedthis company | ₹1.43 Cr (FY 2024) | ₹3.64 Lakh | 2.5% | 428.0% | Bangalore, Karnataka, India | |
| Baysquare Technologies Private Limited | ₹1.43 Cr (FY 2025) | 68.0% | Mumbai, Maharashtra, India | |||
| Bitflowit Consulting India Private Limited | ₹1.43 Cr (FY 2024) | 60.0% | Hyderabad, Telangana, India | |||
| Microip System Technologies Private Limited | ₹1.43 Cr (FY 2025) | 131.0% | Chennai, Tamil Nadu, India | |||
| SMG Info Solutions Private Limited | ₹1.43 Cr (FY 2024) | 17.0% | Ahmedabad, Gujarat, India | |||
| Arya Risk Management Systems Private Limited | ₹1.43 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India |
To see the full peer comparison of Citriot Solutions Private Limited, buy the company report.
Auditor
Citriot Solutions Private Limited is audited by H S JAGADEESH ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H S JAGADEESH ASSOCIATES | FY 2021 | 006646S |
Shareholding
The shareholding of Citriot Solutions Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Citriot Solutions Private Limited, buy the company report.
Legal cases
Citriot Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company | Disposed |
To see the full case history of Citriot Solutions 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 Citriot Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citriot Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC7624E1ZL | Karnataka | Active | 13 Feb 2019 |
To see the full GST registrations and return filing status of Citriot Solutions Private Limited, buy the company report.
Recent activity
Citriot Solutions Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Maimuna Iram was appointed as Additional Director on 20 Jun 2024.
AGM
Citriot Solutions Private Limited last Annual general meeting of members was held on 10 Nov 2025 as per latest MCA records.
Filing
Citriot Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Maimuna Iram was appointed as Additional Director.
Ceased
Zoheb Shabbeer ceased to be Additional Director.
Appointed
Faraaz Syed was appointed as Director.
Appointed
Syed Abdul Wajid was appointed as Director.
Incorporation
25 Sep 2018
Citriot Solutions Private Limited was registered on 25 Sep 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.
Frequently asked questions
Citriot Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 September 2018 (8+ years old) and is registered under CIN U72200KA2018PTC116838.
Citriot Solutions has 3 current directors:
- Faraaz Syed - Director
- Syed Abdul Wajid - Director
- Maimuna Iram - Additional Director
The latest financial statements of Citriot Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 November 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Citriot Solutions is 29AAHCC7624E1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Citriot Solutions is U72200KA2018PTC116838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citriot Solutions has 1 court case on record: 1 filed against it.
Citriot Solutions was incorporated on 25 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Citriot Solutions by revenue are Lycos India Limited, Kaira Software Private Limited, Ayyan Tech-Edu Systems Private Limited, Decencode Technologies India Private Limited, Reporting and Data Solutions Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Maimuna Iram was appointed as Additional Director on 20 Jun 2024. Zoheb Shabbeer ceased to be Additional Director on 30 Nov 2021. Faraaz Syed was appointed as Director on 25 Sep 2018. Citriot Solutions has 4 board changes on record in total.
Yes, Citriot Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Citriot Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0131009).
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