Codetheory India Private Limited
About Codetheory India Private Limited
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Codetheory India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074993. Its GSTIN is 29AAFCC7043R1ZZ (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 Ajaya Kumar Agrawalla and Shital Agrawalla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 1145 22nd Cross Hsr Club Road Sector II Hsr Layout, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.83 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹29.41 Lakh (net margin 10.4%) and EBITDA of ₹47.09 Lakh (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 1145 22nd Cross Hsr Club Road Sector II Hsr Layout, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Codetheory India Private Limited
The main business activity of Codetheory India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Codetheory India Private Limited FY 2024 filings available
Codetheory India Private Limited reported revenue of ₹2.83 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Codetheory India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 11% growth in the latest year. EBITDA rose 4% 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 Codetheory India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹47.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.41 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 of Codetheory India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• | •••• |
| 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 Codetheory 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 Codetheory India Private Limited
Codetheory India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Duality Robotics (India) Private Limited | ₹2.83 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Tagbox Solutions Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | -63.0% | •••• | Bengaluru, Karnataka, India |
| VM Micro Solutions Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Piersoft Technologies Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Aaravi Business Processes Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Codetheory India Private Limited this company | ₹2.83 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Orion Data Compliance Solutions India Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Antallagi Technologies Private Limited | ₹2.82 Cr (FY 2020) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Mcado Technologies Private Limited | ₹2.82 Cr (FY 2025) | •••• | •••• | 456.0% | •••• | New Delhi, Delhi, India |
| Logicos Solutions Private Limited | ₹2.82 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Nethram India Innovation Center Private Limited | ₹2.82 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Wayanad, Kerala, India |
Peers are the five companies nearest above and the five nearest below Codetheory India by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Codetheory India Private Limited
Codetheory India Private Limited is audited by GANESHA S & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANESHA S & 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 Codetheory India Private Limited
Codetheory India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaya Kumar Agrawalla | Director | 23 Jun 2014 | 12 Years 3 Months | Current |
| Shital Agrawalla | Director | 23 Jun 2014 | 12 Years 3 Months | Current |
| Kishore Lal Tibrewal | Director | 23 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Codetheory 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 Codetheory India Private Limited
Codetheory India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Codetheory India Private Limited
Codetheory India Private Limited has a workforce of 0 employees as of Apr 06, 2024.
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 Codetheory India Private Limited
Codetheory India Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Ajaya Kumar Agrawalla was appointed as Director on 23 Jun 2014.
Credit Ratings, Litigation & Regulatory Alerts for Codetheory 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 Codetheory 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 Codetheory 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 Codetheory India Private Limited
Codetheory India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC7043R1ZZ | Karnataka | Active | 25 Aug 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 Codetheory 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 Codetheory India Private Limited
Codetheory India 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 23 June 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074993.
Codetheory India reported revenue of ₹2.83 Cr for FY 2024 (up 11% YoY).
Codetheory India has 3 current directors:
- Ajaya Kumar Agrawalla - Director
- Shital Agrawalla - Director
- Kishore Lal Tibrewal - Director
Codetheory India reported a net profit of ₹29.41 Lakh (net margin 10.4%) and EBITDA of ₹47.09 Lakh (EBITDA margin 16.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codetheory India is 12% over three years and 15% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codetheory India is 29AAFCC7043R1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Codetheory India is U72200KA2014PTC074993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codetheory India was incorporated on 23 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Codetheory India by revenue are Duality Robotics (India) Private Limited, Tagbox Solutions Private Limited, VM Micro Solutions Private Limited, Piersoft Technologies Private Limited, Aaravi Business Processes Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ajaya Kumar Agrawalla was appointed as Director on 23 Jun 2014. Kishore Lal Tibrewal was appointed as Director on 23 Jun 2014. Shital Agrawalla was appointed as Director on 23 Jun 2014.
The registered office of Codetheory India is at No. 1145 22nd Cross Hsr Club Road Sector II Hsr Layout, Bangalore, Karnataka, India – 560034.