MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0007770
Ifocus Systec (India) Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.12 Cr
▼ 16% YoY
Net loss · FY 2025
₹7.09 Lakh
Net margin -0.2%
EBITDA · FY 2025
₹1.16 Cr
EBITDA margin 3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹1.05 Cr
Issued & subscribed
Open charges
₹5.22 Cr
Satisfied ₹3 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
133
Provident fund records
About Ifocus Systec (India) Private Limited
Data last updated:
Ifocus Systec (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2007PTC042022. Its GSTIN is 29AABCI6572P1ZT (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors including Babu Adiveppa Dhammanagi (Whole-Time Director) and Purushothama Adiga Kavrady (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Udn Altius #13 15th Cross Jp Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.12 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.09 Lakh (net margin -0.2%) and EBITDA of ₹1.16 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 133 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iFocus Systec (India) Private Limited. As per MCA filings, the company has open charges of ₹5.22 Cr and satisfied charges of ₹3 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Ifocus Systec (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007770). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ifocussystec.com.
Company details
CIN U72900KA2007PTC042022
Registration Number 042022
Incorporation Date 08 March 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0007770
Key People
Babu Adiveppa Dhammanagi Whole-Time Director Purushothama Adiga Kavrady Whole-Time Director Mangala Babu Dhammanagi Director Recognitions & Rankings of Ifocus Systec (India)
Contact details
Ifocus Systec (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is ifocussystec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUdn Altius #13 15th Cross Jp Nagar 6th Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ifocus Systec (India) Private Limited, buy the company report.
Comprehensive company report
Ifocus Systec (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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Brands
Ifocus Systec (India) operates one associated brand: iFocus Systec (India) Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software and mobile application services are provided by iFocus Systec. | ifocussystec.com |
Business activity
The main business activity of Ifocus Systec (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ifocus Systec (India) Private Limited, buy the company report.
Financials of Ifocus Systec (India) Private Limited
FY 2024 filings availableIfocus Systec (India) Private Limited reported revenue of ₹39.12 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹39.12 Cr ▼ 16%
Net loss · FY 2025
₹7.09 Lakh margin -0.2%
EBITDA · FY 2025
₹1.16 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 3%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 23%
5 years · compounded
▼ 6%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 42% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Ifocus Systec (India) Private Limited, buy the company report.
Board of directors of Ifocus Systec (India) Private Limited
Ifocus Systec (India) has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangala Babu Dhammanagi Also directs: Dhammanagi Oak Ridge LLP, Dhammanagi Venice LLP, Dhammanagi Hospitalities Private Limited and 2 more | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Harsha Babu Dhammanagi Also directs: Dhammanagi Oak Ridge LLP, Dhammanagi Venice LLP, Dhammanagi Hospitalities Private Limited and 3 more | Director | 08 Jul 2017 | 9 Years 4 Months | Current |
| Babu Adiveppa Dhammanagi Also directs: Dhammanagi Oak Ridge LLP, Dhammanagi Venice LLP, Strawberry Lenceria Private Limited and 3 more | Whole-Time Director | 08 Mar 2007 | 19 Years 8 Months | Current |
| Purushothama Adiga Kavrady Also directs: Ifocus Technologies Private Limited | Whole-Time Director | 08 Mar 2007 | 19 Years 8 Months | Current |
| Gururaj Vasantrao Karajagi | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Tholasampatti Subramanian Raghavendra Prasad | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Ifocus Systec (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Softage Information Technology Ltd. | ₹39.26 Cr (FY 2025) | -1.0% | Haryana, India | |||
| Rainboweucalyptus Technologies Private Limited | ₹39.23 Cr (FY 2024) | 1238.0% | Gurgaon, Haryana, India | |||
| Xsilica Software Solutions Private Limited | ₹39.22 Cr (FY 2024) | -31.0% | Hyderabad, Telangana, India | |||
| Aiden AI Private Limited | ₹39.13 Cr (FY 2025) | 228.0% | Hyderabad, Telangana, India | |||
| Quadrafort Technologies Limited | ₹39.13 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Ifocus Systec (India) Private Limitedthis company | ₹39.12 Cr (FY 2025) | -₹7.09 Lakh | -0.2% | -16.0% | 133 | Bangalore, Karnataka, India |
| Yucca IT Solutions Private Limited | ₹39.11 Cr (FY 2025) | 65.0% | Bangalore, Karnataka, India | |||
| Pay Panda Payment Solution Private Limited | ₹39.11 Cr (FY 2025) | 81.0% | Noida, Uttar Pradesh, India | |||
| Axelerant Technologies Private Limited | ₹39.08 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Bluenine Infra Technologies Private Limited | ₹39.05 Cr (FY 2024) | -6.0% | Hyderabad, Telangana, India | |||
| Resolvetech Solutions India Private Limited | ₹39.01 Cr (FY 2025) | 22.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Ifocus Systec (India) Private Limited, buy the company report.
Auditor
Ifocus Systec (India) Private Limited is audited by SINGHVI DEV & UNNI LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHVI DEV & UNNI LLP | FY 2023 | 003867S/S200358 |
Shareholding
The shareholding of Ifocus Systec (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 Ifocus Systec (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.22 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2021 | 100468080 | Axis Bank Limited | ₹72.3 Lakh | Open | |
| 30 Jul 2019 | 100293267 | Others | ₹4.5 Cr | Open | |
| 17 Mar 2017 | 100090090 | Axis Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Ifocus Systec (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ifocus Systec (India) Private Limited has 5 court cases on record: 4 filed by Ifocus Systec (India), 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Career Vita Pvt. Ltd and 4 others | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Commissioner | Disposed |
To see the full case history of Ifocus Systec (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 Ifocus Systec (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ifocus Systec (India) Private Limited has a workforce of 133 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
133
Active EPFO establishments
1
Employee growth
-8.28%
GST
Ifocus Systec (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI6572P1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ifocus Systec (India) Private Limited, buy the company report.
Recent activity
Ifocus Systec (India) Private Limited has 14 board changes on record since 2007: 6 appointments and 8 cessations. The latest: Tholasampatti Subramanian Raghavendra Prasad ceased to be Additional Director on 25 Dec 2024.
AGM
Ifocus Systec (India) Private Limited last Annual general meeting of members was held on 26 Dec 2024 as per latest MCA records.
Ceased
Tholasampatti Subramanian Raghavendra Prasad ceased to be Additional Director.
Appointed
Tholasampatti Subramanian Raghavendra Prasad was appointed as Director.
Filing
Ifocus Systec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Babu Adiveppa Dhammanagi ceased to be Managing Director.
Charges
A charge with Axis Bank Limited of Rs. 0.72 Cr registered on 07 Aug 2021 with Charge ID 100468080 was modified on 04 Nov 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.72 Cr with Charge ID 100468080 was registered on 07 Aug 2021.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100090090 with Axis Bank Limited was fully satisfied on 20 Sep 2019.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100293267 was registered on 30 Jul 2019.
Ceased
Purushothama Adiga Kavrady ceased to be Director.
Ceased
Karana Kumar ceased to be Ceo(Kmp).
Ceased
Harsha Babu Dhammanagi ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Ifocus Systec (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 March 2007 (19+ years old) and is registered under CIN U72900KA2007PTC042022.
Ifocus Systec (India) has 6 current directors:
- Babu Adiveppa Dhammanagi - Whole-Time Director
- Purushothama Adiga Kavrady - Whole-Time Director
- Mangala Babu Dhammanagi - Director
- Harsha Babu Dhammanagi - Director
- Gururaj Vasantrao Karajagi - Director
- Tholasampatti Subramanian Raghavendra Prasad - Director
The latest financial statements of Ifocus Systec (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ifocus Systec (India) is 29AABCI6572P1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Ifocus Systec (India) is U72900KA2007PTC042022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ifocus Systec (India) has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Ifocus Systec (India) was incorporated on 08 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ifocus Systec (India) by revenue are Softage Information Technology Ltd, Rainboweucalyptus Technologies Private Limited, Xsilica Software Solutions Private Limited, Aiden AI Private Limited, Quadrafort Technologies Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Tholasampatti Subramanian Raghavendra Prasad ceased to be Additional Director on 25 Dec 2024. Tholasampatti Subramanian Raghavendra Prasad was appointed as Director on 10 Jul 2024. Babu Adiveppa Dhammanagi ceased to be Managing Director on 01 May 2022. Ifocus Systec (India) has 14 board changes on record in total.
Yes, Ifocus Systec (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0007770).
Ifocus Systec (India) can be reached through the website ifocussystec.com. Its registered office is in Bangalore, Karnataka, India.
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