Cricut India Private Limited

Cricut India Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U51909KA2021FTC155826 Incorporated 21 December 2021 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Foreign Private Limited Company information technology
Revenue · FY 2025
₹7.46 Cr
▲ 71% YoY
Net profit · FY 2025
₹70.34 Lakh
Net margin 9.4%
EBITDA · FY 2025
₹97.78 Lakh
EBITDA margin 13.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
11
Provident fund records
Directors on board
2
As per MCA filings

About Cricut India Private Limited

Data last updated:

Cricut India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Cricut Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021FTC155826. Its GSTIN is 29AAJCC9924H1Z6 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Gagan Verma and Lauren Ashley Curtin.

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 Bengaluru, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.46 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹70.34 Lakh (net margin 9.4%) and EBITDA of ₹97.78 Lakh (EBITDA margin 13.1%).

The company has about 11 employees on its provident fund (EPFO) records.

Company details

CIN U51909KA2021FTC155826
Registration Number 155826
Incorporation Date 21 December 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Cricut Inc.

Contact details

Cricut India Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Awfis Psn Whitefield 10th Floor Tower B Prestige Shantiniketan Itpl Main Road, Whitefield, Bengaluru, Karnataka, India – 560066
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Cricut India Private Limited, buy the company report.

Comprehensive company report
Cricut India 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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Business activity

The main business activity of Cricut India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Cricut India Private Limited, buy the company report.

Financials of Cricut India Private Limited

FY 2025 filings available

Cricut India Private Limited reported revenue of ₹7.46 Cr (up 71% YoY) for FY 2025.

Revenue · FY 2025
₹7.46 Cr ▲ 71%
Net profit · FY 2025
₹70.34 Lakh margin 9.4%
EBITDA · FY 2025
₹97.78 Lakh margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 71%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 241%

Revenue rose 71% in the latest year. EBITDA rose 70% 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 2021-22
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₹97.78 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹70.34 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 2021-22
Profitability
EBITDA Margin13.1%
Net Profit Margin9.4%
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

To see the full financial statements and ratios of Cricut India Private Limited, buy the company report.

Board of directors of Cricut India Private Limited

Cricut India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gagan VermaDirector21 Dec 20214 Years 10 MonthsCurrent
Lauren Ashley CurtinDirector26 Sep 20251 Years 1 MonthsCurrent

Auditor

Cricut India Private Limited is audited by Ashok Maheshwary & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ashok Maheshwary & Associates LLPFY 2023003446N/N500031

Shareholding

The shareholding of Cricut India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cricut India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cricut India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Cricut India Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
-15.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2711
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23

To see the full employee and EPFO history of Cricut India Private Limited, buy the company report.

GST

Cricut India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCC9924H1Z6KarnatakaActive10 Mar 2022

To see the full GST registrations and return filing status of Cricut India Private Limited, buy the company report.

Recent activity

Cricut India Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Lauren Ashley Curtin was appointed as Director on 26 Sep 2025.

AGM
Cricut India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Lauren Ashley Curtin was appointed as Director.
Filing
Cricut India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Donald Blair Olsen was appointed as Director.
Appointed
Gagan Verma was appointed as Director.
Incorporation
21 Dec 2021
Cricut India Private Limited was registered on 21 Dec 2021 with Roc Bangalore & aged 4 years 10 months as per MCA records.

Frequently asked questions

Cricut India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 December 2021 (5+ years old) and is registered under CIN U51909KA2021FTC155826.

Cricut India has 2 current directors:

The latest financial statements of Cricut India 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 2022 are in the company report.

The GSTIN of Cricut India is 29AAJCC9924H1Z6, registered in Karnataka.

The CIN (Corporate Identification Number) of Cricut India is U51909KA2021FTC155826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cricut India was incorporated on 21 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Lauren Ashley Curtin was appointed as Director on 26 Sep 2025. Donald Blair Olsen was appointed as Director on 21 Dec 2021. Gagan Verma was appointed as Director on 21 Dec 2021.

The registered office of Cricut India is at Awfis Psn Whitefield 10th Floor Tower B Prestige Shantiniketan Itpl Main Road, Whitefield, Bengaluru, Karnataka, India – 560066.

Cricut India operates in the information technology industry, in the application development and software solutions segment.

Cricut India can be reached at its registered office: Awfis Psn Whitefield 10th Floor Tower B Prestige Shantiniketan Itpl Main Road, Whitefield, Bengaluru, Karnataka, India – 560066.