Karat Systems Private Limited
About Karat Systems Private Limited
Data last updated:
Karat Systems Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 07 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1990PTC011371.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aditya Dhananjaya Menon and Parveen Sikand.
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 381 Nallurhalli Road Siddhapura Whitefield, Bengaluru, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹37,924 (net margin 34.4%) and EBITDA of ₹50,649 (EBITDA margin 45.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karat Systems Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address381 Nallurhalli Road Siddhapura Whitefield, Bengaluru, Karnataka, India – 560066
- IndustrySoftware, Software Development, Software Publishing
To see the full contact details of Karat Systems 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
Financials of Karat Systems Private Limited
FY 2025 filings availableKarat Systems Private Limited reported revenue of ₹1.1 Lakh (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 24% growth in the latest year. EBITDA rose 71% 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 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 | ₹50,649 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37,924 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.9% | ||||
| Net Profit Margin | 34.4% | ||||
| 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 Karat Systems Private Limited, buy the company report.
Board of directors of Karat Systems Private Limited
Karat Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Dhananjaya Menon | Director | 07 Nov 1990 | 35 Years 11 Months | Current |
| Parveen Sikand | Director | 22 Jul 1996 | 30 Years 3 Months | Current |
Auditor
Karat Systems Private Limited is audited by RAJENDRA RAO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA RAO & ASSOCIATES | FY 2017 | 022941 |
Shareholding
The shareholding of Karat Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karat Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karat Systems 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 Karat Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karat Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karat Systems Private Limited has 3 board changes on record since 1990: 2 appointments and 1 cessation. The latest: Nomita Shipra Chandy ceased to be Director on 01 Sep 2015.
Frequently asked questions
Karat Systems is an active private limited company based in Bengaluru, Karnataka, India. The company works in software development, within the software industry. It was incorporated on 07 November 1990 (36+ years old) and is registered under CIN U72200KA1990PTC011371.
Karat Systems has 2 current directors:
- Aditya Dhananjaya Menon - Director
- Parveen Sikand - Director
The latest financial statements of Karat Systems 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Karat Systems is U72200KA1990PTC011371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karat Systems was incorporated on 07 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Nomita Shipra Chandy ceased to be Director on 01 Sep 2015. Parveen Sikand was appointed as Director on 22 Jul 1996. Aditya Dhananjaya Menon was appointed as Director on 07 Nov 1990.
The registered office of Karat Systems is at 381 Nallurhalli Road Siddhapura Whitefield, Bengaluru, Karnataka, India – 560066.
Karat Systems operates in the software industry, in the software development segment.
The compliance status of Karat Systems is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
Karat Systems can be reached at its registered office: 381 Nallurhalli Road Siddhapura Whitefield, Bengaluru, Karnataka, India – 560066.