Cartel Infosystems Private Limited

Cartel Infosystems Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2011PTC058896 Incorporated 31 May 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2025
₹140.81 Cr
▼ 6% YoY
Net profit · FY 2025
₹2.38 Cr
Net margin 1.7%
EBITDA · FY 2025
₹3.85 Cr
EBITDA margin 2.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.84 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
25
Provident fund records

About Cartel Infosystems Private Limited

Data last updated:

Cartel Infosystems Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 31 May 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC058896. Its GSTIN is 29AAECC4270H1ZM (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Malleshwara Girish Kumar Chikabelavangala (Managing Director) and Sahana Srinivasa Rao.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 48 1st Floor Sbm Colony Bsk 1st Stage 80 Feet Road, Bengaluru, Karnataka, India – 560050.

As per the financials filed for FY 2025, the company reported a revenue of ₹140.81 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 1.7%) and EBITDA of ₹3.85 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.

The company has about 25 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Cartel Infosystems. As per MCA filings, the company has open charges of ₹10.84 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in July 2015.

Cartel Infosystems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0027106). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cartelinfosystems.com.

Company details

CIN U72900KA2011PTC058896
Registration Number 058896
Incorporation Date 31 May 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0027106

Recognitions & Rankings of Cartel Infosystems

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0027106

Contact details

Cartel Infosystems Private Limited's registered office is in Bengaluru, Karnataka. Its website is cartelinfosystems.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 48 1st Floor Sbm Colony Bsk 1st Stage 80 Feet Road, Bengaluru, Karnataka, India – 560050
  • Industry
    Information Technology, IT Infrastructure Management & Services

To see the full contact details of Cartel Infosystems Private Limited, buy the company report.

Comprehensive company report
Cartel Infosystems 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

Cartel Infosystems operates one associated brand: Cartel Infosystems. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive cyber security, cloud solutions, networking, and other IT services.cartelinfosystems.com

Business activity

The main business activity of Cartel Infosystems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Cartel Infosystems Private Limited, buy the company report.

Financials of Cartel Infosystems Private Limited

FY 2024 filings available

Cartel Infosystems Private Limited reported revenue of ₹140.81 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹140.81 Cr ▼ 6%
Net profit · FY 2025
₹2.38 Cr margin 1.7%
EBITDA · FY 2025
₹3.85 Cr margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 6% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3.85 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.38 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.7%
Net Profit Margin1.7%
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 Cartel Infosystems Private Limited, buy the company report.

Board of directors of Cartel Infosystems Private Limited

Cartel Infosystems has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Malleshwara Girish Kumar ChikabelavangalaManaging Director10 Aug 201214 Years 2 MonthsCurrent
Sahana Srinivasa RaoDirector03 Feb 20206 Years 8 MonthsCurrent
Praveen Govindaraddi NandeppanavarDirector03 Feb 20206 Years 8 MonthsCurrent
ShwethaDirector31 May 201115 Years 4 MonthsCurrent

Auditor

Cartel Infosystems Private Limited is audited by Balakrishna and Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Balakrishna and CoFY 2023004835S

Shareholding

The shareholding of Cartel Infosystems 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cartel Infosystems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹7.95 Cr
Axis Bank Limited₹2.89 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 May 2025101098869Others₹4.95 CrOpen
28 Nov 2023100848656Axis Bank Limited₹75 LakhOpen
27 Nov 2023100848644Axis Bank Limited₹1.25 CrOpen
07 Feb 2022100532244Others₹3 CrOpen
25 Feb 2021100423763Axis Bank Limited₹24.07 LakhOpen

Total charge records: 6 View all charges

Deals & funding

Cartel Infosystems Private Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2015.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2015Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cartel Infosystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Cartel Infosystems has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Meghwis Solutions Private LimitedU72200KA2019PTC130920

To see the full group structure of Cartel Infosystems Private Limited, buy the company report.

Employees & EPFO

Cartel Infosystems Private Limited has a workforce of 25 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
25
Active EPFO establishments
1

GST

Cartel Infosystems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECC4270H1ZMKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Cartel Infosystems Private Limited, buy the company report.

Recent activity

Cartel Infosystems Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Praveen Govindaraddi Nandeppanavar ceased to be Additional Director on 31 Dec 2020.

Charges
A charge with Others amounted to Rs. 495.00 Lakh with Charge ID 101098869 was registered on 06 May 2025.
AGM
Cartel Infosystems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cartel Infosystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 100848656 was registered on 28 Nov 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 100848644 was registered on 27 Nov 2023.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100532244 was registered on 07 Feb 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 24.07 Lakh with Charge ID 100423763 was registered on 25 Feb 2021.
Ceased
Praveen Govindaraddi Nandeppanavar ceased to be Additional Director.
Ceased
Sahana Srinivasa Rao ceased to be Additional Director.
Appointed
Praveen Govindaraddi Nandeppanavar was appointed as Director.
Appointed
Sahana Srinivasa Rao was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 65.00 Lakh with Charge ID 100252617 was registered on 13 Mar 2019.

4 earlier events are in the company report.

Frequently asked questions

Cartel Infosystems is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 31 May 2011 (15+ years old) and is registered under CIN U72900KA2011PTC058896.

Cartel Infosystems has 4 current directors:

The latest financial statements of Cartel Infosystems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Cartel Infosystems is 29AAECC4270H1ZM, registered in Karnataka.

The CIN (Corporate Identification Number) of Cartel Infosystems is U72900KA2011PTC058896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cartel Infosystems has 12 court cases on record: 10 filed by the company and 2 filed against it. 1 is pending.

Cartel Infosystems was incorporated on 31 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Cartel Infosystems has 1 deal on record (1 secondary share transfer); the latest was in July 2015.

Praveen Govindaraddi Nandeppanavar ceased to be Additional Director on 31 Dec 2020. Sahana Srinivasa Rao ceased to be Additional Director on 31 Dec 2020. Praveen Govindaraddi Nandeppanavar was appointed as Director on 03 Feb 2020. Cartel Infosystems has 7 board changes on record in total.

Yes, Cartel Infosystems is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0027106).