About Crestron Software Development India Private Limited
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Crestron Software Development India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Crestron Electronics International Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC098115. Its GSTIN is 27AAGCC7303R1Z7 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rajesh Sivaswamy and Daniel Aaron Feldstein.
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 Unit 101 & 102 Rmz Ecoworld – Campus 6B Sarjapur Marathalli Outer Ring Road, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2023, the company reported a revenue of ₹140.17 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹13.09 Cr (net margin 9.3%) and EBITDA of ₹22.99 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 20% over five years.
The company has about 262 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Crestron Electronics. Court records list 6 cases involving the company, including 6 filed by the company; 6 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crestron.com.
Company details
Contact details
Crestron Software Development India Private Limited's registered office is in Bangalore, Karnataka. Its website is crestron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 101 & 102 Rmz Ecoworld – Campus 6B Sarjapur Marathalli Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Crestron Software Development India 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
Crestron Software Development India operates one associated brand: Crestron Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based home automation products are developed for various properties. | crestron.com |
Financials of Crestron Software Development India Private Limited
FY 2024 filings availableCrestron Software Development India Private Limited reported revenue of ₹140.17 Cr (up 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 15% growth in the latest year. EBITDA rose 20% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹140.17 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹22.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.09 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Crestron Software Development India Private Limited, buy the company report.
Board of directors of Crestron Software Development India Private Limited
Crestron Software Development India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sivaswamy | Director | 29 Nov 2016 | 9 Years 11 Months | Current |
| Daniel Aaron Feldstein | Director | 29 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Crestron Software Development India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Crestron Software Development India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Crestron Software Development India Private Limited, buy the company report.
Deals & funding
Crestron Software Development India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Crestron Global Inc Seller: Creston Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Crestron Software Development India Private Limited has 6 court cases on record: 6 filed by Crestron Software Development India. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 6 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner of Commercial Tgaxes (Audit-4.13) | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Commissioner of Commercial Taxes | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Joint Commissioner of Commercial Taxes (Appeals)-4 | Pending |
To see the full case history of Crestron Software Development India 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 Crestron Software Development India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Crestron Software Development India Private Limited has a workforce of 262 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Crestron Software Development India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC7303R1Z7 | Maharashtra | Active | 12 Feb 2018 |
| 07AAGCC7303R1Z9 | Delhi | Active | 17 May 2018 |
To see the full GST registrations and return filing status of Crestron Software Development India Private Limited, buy the company report.
Recent activity
Crestron Software Development India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Daniel Aaron Feldstein was appointed as Director on 29 Nov 2016.
News
Frequently asked questions
Crestron Software Development India is an active foreign 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 29 November 2016 (10+ years old) and is registered under CIN U74999KA2016FTC098115.
Crestron Software Development India has 2 current directors:
- Rajesh Sivaswamy - Director
- Daniel Aaron Feldstein - Director
The latest financial statements of Crestron Software Development India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Crestron Software Development India is 27AAGCC7303R1Z7, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAGCC7303R1Z9 (Delhi).
The CIN (Corporate Identification Number) of Crestron Software Development India is U74999KA2016FTC098115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crestron Software Development India has 6 court cases on record: 6 filed by the company. 6 are pending.
Crestron Software Development India was incorporated on 29 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Crestron Software Development India has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
Daniel Aaron Feldstein was appointed as Director on 29 Nov 2016. Rajesh Sivaswamy was appointed as Director on 29 Nov 2016.
Crestron Software Development India can be reached through the website crestron.com. Its registered office is in Bangalore, Karnataka, India.
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