About Fortinet Technologies India Private Limited
Data last updated:
Fortinet Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Fortinet Networks Mauritius Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2008PTC046691. Its GSTIN is 29AABCF2399F1ZG (Karnataka). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹13.66 Lakh. It is led by directors including Naga Kishore Reddy Tarimala (Managing Director) and Lindsey Marie Cayanan.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #301 Ground Floor Tower C The Millennia Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹448.34 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹33.8 Cr (net margin 7.5%) and EBITDA of ₹62.59 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 28% over five years.
The company has about 743 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Fortinet. As per MCA filings, the company has satisfied charges of ₹15.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹28.77 Cr; the latest was in February 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortinet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#301 Ground Floor Tower C The Millennia Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Fortinet Technologies India Private Limited
The main business activity of Fortinet Technologies 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 Fortinet Technologies India Private Limited FY 2025 filings available
Fortinet Technologies India Private Limited reported revenue of ₹448.34 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fortinet Technologies India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 34% 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 of Fortinet Technologies 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 | ₹62.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.8 Cr | •••• | •••• | •••• | •••• |
| 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 Fortinet Technologies India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.5% | •••• | •••• | •••• | •••• |
| 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 Fortinet Technologies 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.
Auditor Details of Fortinet Technologies India Private Limited
Fortinet Technologies India Private Limited is audited by K N Prabhashankar & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N Prabhashankar & Co. | 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 Fortinet Technologies India Private Limited
Fortinet Technologies India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lindsey Marie Cayanan | Director | 13 May 2019 | 7 Years 4 Months | Current |
| Naga Kishore Reddy Tarimala | Managing Director | 21 Aug 2018 | 8 Years 1 Months | Current |
| Declan Michael Fitzpatrick | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Fortinet Technologies 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 Fortinet Technologies India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2019 | Others | ₹15.5 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Fortinet Technologies India Private Limited
Fortinet Technologies India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹28.77 Cr; the latest was in February 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Funding round | ₹28.72 Cr | Investors: Fortinet Networks Mauritius Ltd, an individual |
| Mar 2015 | Secondary share transfer | Buyer: Fortinet Singapore Pte Ltd Seller: an individual | |
| Sep 2013 | Funding round | ₹5.6 Lakh | Investors: Fortinet Singapore Pte Ltd |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Fortinet Technologies India Private Limited
Fortinet Technologies India Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Fortinet Technologies India Private Limited
Fortinet Technologies India operates one associated brand: Fortinet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud security posture management solutions are provided by the platform. | fortinet.com |
Competitors & Alternatives of Fortinet Technologies India Private Limited
Brands and companies operating in the same space as Fortinet Technologies India Private Limited include Palo Alto Networks, Imperva, IBM and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Palo Alto Networks | AI and cloud-based platforms are utilized for cybersecurity solutions. | Santa Clara, United States | 2005 |
 Imperva | Cloud-based cybersecurity solutions are provided for enterprise protection. | Redwood City, United States | 2002 |
 IBM | Hybrid cloud and DevOps automation are delivered to enterprises. | United States | 1911 |
 Check Point Software | Cloud based platform offering a suite of cyber security solutions | San Carlos, United States | 1993 |
 Symantec | Symantec is recognized for providing enterprise cloud cybersecurity solutions. | Mountain View, United States | 1982 |
 FireEye | Provider of a platform offering a suite of cyber security solutions | Milpitas, United States | 2004 |
 Cisco | AI and saas based cloud security solutions | San Jose, United States | 1984 |
 Barracuda | Cloud based network firewall solution for enterprise web and email | Campbell, United States | 2002 |
Employees and EPFO Compliance at Fortinet Technologies India Private Limited
Fortinet Technologies India Private Limited has a workforce of 743 employees as of Mar 30, 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.
Group Structure of Fortinet Technologies India Private Limited
Fortinet Technologies India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Volon Cyber Security Private Limited | U72900PN2018PTC174096 | Locked |
Showing major subsidiaries. Total: 1.
News related to Fortinet Technologies India Private Limited
Recent Activity on Fortinet Technologies India Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Fortinet Technologies 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 Fortinet Technologies 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 Fortinet Technologies 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 Fortinet Technologies India Private Limited
Fortinet Technologies India has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF2399F1ZG | Karnataka | Active | 01 Jul 2017 |
| 29AABCF2399F2ZF | Karnataka | Active | 13 Mar 2025 |
| 19AABCF2399F1ZH | West Bengal | Active | 01 Jul 2017 |
| 24AABCF2399F1ZQ | Gujarat | Active | 01 Jul 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 Fortinet Technologies 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 Fortinet Technologies India Private Limited
Fortinet Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 06 June 2008 (18+ years old) and is registered under CIN U51909KA2008PTC046691.
Fortinet Technologies India reported revenue of ₹448.34 Cr for FY 2024 (up 34% YoY).
Fortinet Technologies India has 3 current directors:
- Naga Kishore Reddy Tarimala - Managing Director
- Lindsey Marie Cayanan - Director
- Declan Michael Fitzpatrick - Director
Fortinet Technologies India reported a net profit of ₹33.8 Cr (net margin 7.5%) and EBITDA of ₹62.59 Cr (EBITDA margin 14%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortinet Technologies India is 38% over three years and 28% over five years. In the latest year (FY 2024) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fortinet Technologies India is 29AABCF2399F1ZG, registered in Karnataka. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 29AABCF2399F2ZF (Karnataka), 19AABCF2399F1ZH (West Bengal), 24AABCF2399F1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Fortinet Technologies India is U51909KA2008PTC046691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortinet Technologies India has 1 court case on record: 1 filed against it. 1 is pending.
Fortinet Technologies India was incorporated on 06 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.