Folkslogic Technologies Private Limited

Folkslogic Technologies Private Limited - information technology in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2018PTC118033 Incorporated 26 October 2018 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹72.68 Lakh
▲ 5% YoY
Net loss · FY 2024
₹80,106
Net margin -1.1%
EBITDA · FY 2024
₹39,870
EBITDA margin 0.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Folkslogic Technologies Private Limited

Data last updated:

Folkslogic Technologies Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC118033. Its GSTIN is 29AADCF5475E1ZH (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000. It is led by directors Shahil Mohammed and Mohammad Akram.

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 Mangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹72.68 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹80,106 (net margin -1.1%) and EBITDA of ₹39,870 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.

The company is associated with 1 brand: Folkslogic.

For more details, the company can be reached via its website folkslogic.com.

Company Details of Folkslogic Technologies Private Limited
CIN U72900KA2018PTC118033
Registration Number 118033
Incorporation Date 26 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Door No 2 – 17 – 1480/32 3rd Floor Plama Centre (Opposite Kmc Entrance) Bejai – Kapikad R, Oad, Mangalore, Karnataka, India – 575004
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Folkslogic Technologies Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Associated Brands with Folkslogic Technologies Private Limited

Folkslogic Technologies operates one associated brand: Folkslogic. Each brand links to its own profile.

BrandDescriptionWebsite
Provides a comprehensive suite of IT services to optimize daily business operations.folkslogic.com

Competitors & Alternatives of Folkslogic Technologies Private Limited

Brands and companies operating in the same space as Folkslogic Technologies Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

CompetitorDescriptionLocationFounded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines.Bengaluru, India2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services.Richardson, United States2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS.Chesterbrook, United States1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided.Mumbai, India1975
Genpact Genpact Provider of end-to-end business process outsourcing servicesNew York, United States1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided.Koto City, Japan1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions.London, United Kingdom2000
Accenture Accenture IT and management consultancy services are provided globally.Dublin, Ireland1989
UST UST High-quality office furniture is provided by UST for various needs.Taiwan1998

Business Activity of Folkslogic Technologies Private Limited

The main business activity of Folkslogic Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Auditor Details of Folkslogic Technologies Private Limited

Folkslogic Technologies Private Limited is audited by SURESH KUMAR for the financial year 2023.

NameStatusAppointment DateCessation Date
SURESH KUMARLockedLockedLocked
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Board of Directors of Folkslogic Technologies Private Limited

Folkslogic Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shahil MohammedDirector19 Aug 20197 Years 1 MonthsCurrent
Mohammad AkramDirector30 Mar 20215 Years 6 MonthsCurrent

Financials of Folkslogic Technologies Private Limited FY 2025 filings available

Folkslogic Technologies Private Limited reported revenue of ₹72.68 Lakh (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹72.68 Lakh ▲ 5%
Net loss · FY 2024
₹80,106 margin -1.1%
EBITDA · FY 2024
₹39,870 margin 0.5%

Compounded Annual Growth Rate (CAGR) of Folkslogic Technologies Private Limited

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 82%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▲ 27%
5 years · compounded
▲ 29%

Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 5% growth in the latest year. EBITDA fell 77% 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 Folkslogic Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹39,870••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹80,106••••••••••••••••
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 Folkslogic Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.5%••••••••••••••••
Net Profit Margin-1.1%••••••••••••••••
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 Folkslogic Technologies are in the company report.

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Financial statements from FY 2019

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Ownership and Shareholding of Folkslogic Technologies Private Limited

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Charges & Borrowings of Folkslogic Technologies Private Limited

Folkslogic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Folkslogic Technologies Private Limited

Employment history and EPFO contributions of people linked to Folkslogic Technologies.

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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Folkslogic Technologies Private Limited

Folkslogic Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCF5475E1ZHKarnatakaActive31 Oct 2019
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Folkslogic Technologies Private Limited

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MSME Payment Delays by Folkslogic Technologies Private Limited

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Subsidiaries & Group Companies of Folkslogic Technologies Private Limited

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MCA Filings & Documents of Folkslogic Technologies Private Limited

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Recent Activity on Folkslogic Technologies Private Limited

Activity
30 Sep 2025
Folkslogic Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Folkslogic Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
30 Mar 2021
Mohammad Akram was appointed as a Director on 30 Mar 2021 & has been associated with this company since 5 years 6 months.
Directors
19 Aug 2019
Shahil Mohammed was appointed as a Director on 19 Aug 2019 & has been associated with this company since 7 years 1 month.
Activity
26 Oct 2018
Folkslogic Technologies Private Limited was registered on 26 Oct 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.

Frequently Asked Questions about Folkslogic Technologies Private Limited

Folkslogic Technologies is an active private limited company based in Mangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 October 2018 (8+ years old) and is registered under CIN U72900KA2018PTC118033.

Folkslogic Technologies reported revenue of ₹72.68 Lakh for FY 2024 (up 5% YoY).

Folkslogic Technologies has 2 current directors:

Folkslogic Technologies reported a net loss of ₹80,106 (net margin -1.1%) and EBITDA of ₹39,870 (EBITDA margin 0.5%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Folkslogic Technologies is 82% over three years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Folkslogic Technologies is 29AADCF5475E1ZH, registered in Karnataka.

The CIN (Corporate Identification Number) of Folkslogic Technologies is U72900KA2018PTC118033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Folkslogic Technologies was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Yes, Folkslogic Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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