About Klar Systems Private Limited
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Klar Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic segment of the electronics sector. It was incorporated on 02 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC076142. Its GSTIN is 29AAFCK6042A2ZS (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Rachana Urmil Parikh and Laxmi Kantha.
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 793 Ranka Heights 4th Main 7th Cross (Near Suryanarayan Temple) Domlur, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2025, the company reported a revenue of ₹77,800, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹16,684 (net margin 21.4%) and EBITDA of ₹20,600 (EBITDA margin 26.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 50% over five years.
The company is associated with 1 brand: Klar Systems.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website klarsys.com.
- EmailLocked
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- Registered Address793 Ranka Heights 4th Main 7th Cross (Near Suryanarayan Temple) Domlur, Bangalore, Karnataka, India – 560071
- IndustryElectrnoics, Electronic, Scientific Measuring Equipment, Computer, Communication
- 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
Associated Brands with Klar Systems Private Limited
Klar Systems operates one associated brand: Klar Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for WiFi-connected IR blasters. | klarsys.com |
Competitors & Alternatives of Klar Systems Private Limited
Brands and companies operating in the same space as Klar Systems Private Limited include eero, goTenna, Rajant and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 eero | Mesh-based connectivity solutions for IoT applications are provided. | San Francisco, United States | 2014 |
 goTenna | Mobile mesh networking is enabled for off-grid smartphone use. | Brooklyn, United States | 2012 |
 Rajant | A private wireless mesh network is provided for adaptive communications. | Malvern, United States | 2001 |
 Caavo | Private label brand of universal remote controllers | Milpitas, United States | 2015 |
 Wirepas | Wireless connectivity software for industrial IoT deployments is provided. | Tampere, Finland | 2010 |
 Bond Home | Smart home solutions are provided through connected devices and apps. | Cresskill, United States | 2016 |
 Veniam | Wireless mesh networks for autonomous vehicles are developed. | Mountain View, United States | 2012 |
 Mesh++ | Solar-powered mesh networking nodes without cabling are provided. | Chicago, United States | 2017 |
Auditor Details of Klar Systems Private Limited
Klar Systems Private Limited is audited by Hemant Dharnidharka & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hemant Dharnidharka & 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 Klar Systems Private Limited
Klar Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Urmil Parikh | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Laxmi Kantha | Director | 11 Apr 2019 | 7 Years 5 Months | Current |
Financials of Klar Systems Private Limited FY 2025 filings available
Klar Systems Private Limited reported revenue of ₹77,800 (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Klar Systems Private Limited
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 558% 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 Klar Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20,600 | •••• | •••• | •••• | •••• |
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| Net Profit (PAT) | ₹16,684 | •••• | •••• | •••• | •••• |
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Financial Ratios of Klar Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 26.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.4% | •••• | •••• | •••• | •••• |
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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 Klar Systems 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.
Ownership and Shareholding of Klar Systems 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 Klar Systems Private Limited
Klar Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Klar Systems Private Limited
Employment history and EPFO contributions of people linked to Klar Systems.
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.
GST Compliance of Klar Systems Private Limited
Klar Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK6042A2ZS | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Klar Systems 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 Klar Systems 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 Klar Systems 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.
MCA Filings & Documents of Klar Systems 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.
Recent Activity on Klar Systems Private Limited
Frequently Asked Questions about Klar Systems Private Limited
Klar Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic, within the electronics industry. It was incorporated on 02 September 2014 (12+ years old) and is registered under CIN U72200KA2014PTC076142.
Klar Systems reported revenue of ₹77,800 for FY 2025 (up 1% YoY).
Klar Systems has 2 current directors:
- Rachana Urmil Parikh - Director
- Laxmi Kantha - Director
Klar Systems reported a net profit of ₹16,684 (net margin 21.4%) and EBITDA of ₹20,600 (EBITDA margin 26.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Klar Systems is -62% over three years and -50% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Klar Systems is 29AAFCK6042A2ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Klar Systems is U72200KA2014PTC076142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Klar Systems was incorporated on 02 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Klar Systems can be reached through the website klarsys.com. Its registered office is in Bangalore, Karnataka, India.