About Cyara Operations India Private Limited
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Cyara Operations India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Cyara Ireland Lmited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2020FTC112782. Its GSTIN is 24ABDCS4590C1ZI (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Spearline India Private Limited. It is led by directors including Neela Vijay Dodiya and Savitha Kumari Jain.
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 707 – 712 A Block Navratna Corporate Park Iskcon Ambli Road, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.79 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹2.72 Cr (net margin 10.6%) and EBITDA of ₹4.13 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company has about 160 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spearline.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spearline.com.
Company details
Contact details
Cyara Operations India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is spearline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address707 – 712 A Block Navratna Corporate Park Iskcon Ambli Road, Ahmedabad, Gujarat, India – 380058
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cyara Operations 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
Cyara Operations India operates one associated brand: Spearline. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of telecommunications services | spearline.com |
Business activity
The main business activity of Cyara Operations India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Cyara Operations India Private Limited, buy the company report.
Financials of Cyara Operations India Private Limited
FY 2025 filings availableCyara Operations India Private Limited reported revenue of ₹25.79 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over three years, including 70% growth in the latest year. EBITDA rose 79% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.13 Cr | ||||
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| Net Profit (PAT) | ₹2.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 10.6% | ||||
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To see the full financial statements and ratios of Cyara Operations India Private Limited, buy the company report.
Board of directors of Cyara Operations India Private Limited
Cyara Operations India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neela Vijay Dodiya | Director | 10 Feb 2021 | 5 Years 9 Months | Current |
| Savitha Kumari Jain | Director | 10 Apr 2025 | 1 Years 7 Months | Current |
| Brian Brady | Director | 12 Jul 2024 | 2 Years 4 Months | Current |
Peer comparison
Cyara Operations India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ross Merchandising India Private Limited | ₹25.96 Cr (FY 2025) | -14.0% | Gurgaon, Haryana, India | |||
| Lincoln Partners Advisors Private Limited | ₹25.93 Cr (FY 2025) | 95.0% | Mumbai, Maharashtra, India | |||
| Myclassboard Educational Solutions Private Limited | ₹25.88 Cr (FY 2025) | 22.0% | Hyderabad, Telangana, India | |||
| Versatile Technolabs Private Limited | ₹25.82 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Zineone India Private Limited | ₹25.81 Cr (FY 2024) | 22.0% | Mumbai, Maharashtra, India | |||
| Cyara Operations India Private Limitedthis company | ₹25.79 Cr (FY 2025) | ₹2.72 Cr | 10.6% | 70.0% | 160 | Ahmedabad, Gujarat, India |
| Secure Metering & Services (Bhilwara) Private Limited | ₹25.76 Cr (FY 2025) | 8.0% | Udaipur, Rajasthan, India | |||
| Paramtech Engineering Services Private Limited | ₹25.75 Cr (FY 2024) | 31.0% | Pune, Maharashtra, India | |||
| Alex Stewart International (India) Private Limited | ₹25.73 Cr (FY 2024) | 15.0% | Chennai, Tamil Nadu, India | |||
| Newage Product Designs Private Limited | ₹25.72 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Cyara Operations India Private Limited, buy the company report.
Auditor
Cyara Operations India Private Limited is audited by PARIN PATWARI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIN PATWARI & Co. | FY 2023 | 154571W |
Shareholding
The shareholding of Cyara Operations India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cyara Operations India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cyara Operations India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cyara Operations India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cyara Operations India Private Limited has a workforce of 160 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 160 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Cyara Operations India Private Limited, buy the company report.
GST
Cyara Operations India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABDCS4590C1ZI | Gujarat | Active | 04 Mar 2020 |
| 36ABDCS4590C1ZD | Telangana | Active | 24 Sep 2024 |
To see the full GST registrations and return filing status of Cyara Operations India Private Limited, buy the company report.
Recent activity
Cyara Operations India Private Limited has 9 board changes on record since 2020: 6 appointments and 3 cessations. The latest: Yogesh Uttam More ceased to be Director on 22 Dec 2025.
News
Frequently asked questions
Cyara Operations India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 February 2020 (6+ years old) and is registered under CIN U72200GJ2020FTC112782.
Cyara Operations India has 3 current directors:
- Neela Vijay Dodiya - Director
- Savitha Kumari Jain - Director
- Brian Brady - Director
The latest financial statements of Cyara Operations 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 2020 are in the company report.
The GSTIN of Cyara Operations India is 24ABDCS4590C1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36ABDCS4590C1ZD (Telangana).
The CIN (Corporate Identification Number) of Cyara Operations India is U72200GJ2020FTC112782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyara Operations India was incorporated on 18 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Cyara Operations India by revenue are Ross Merchandising India Private Limited, Lincoln Partners Advisors Private Limited, Myclassboard Educational Solutions Private Limited, Versatile Technolabs Private Limited, Zineone India Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Yogesh Uttam More ceased to be Director on 22 Dec 2025. Savitha Kumari Jain was appointed as Director on 10 Apr 2025. Yogesh Uttam More was appointed as Director on 10 Apr 2025. Cyara Operations India has 9 board changes on record in total.
Cyara Operations India can be reached through the website spearline.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Cyara Operations India is at 707 – 712 A Block Navratna Corporate Park Iskcon Ambli Road, Ahmedabad, Gujarat, India – 380058.
Cyara Operations India operates in the information technology industry, in the application development and software solutions segment.
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