Citadel Intelligent Systems Limited

Citadel Intelligent Systems Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2007PLC044005 Incorporated 28 September 2007 ROC Bangalore HQ Bangalore, Karnataka, India
Active Public Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹11.76 Cr
▲ 288% YoY
Net profit · FY 2025
₹10.54 Cr
Net margin 89.6%
EBITDA · FY 2025
₹11.23 Cr
EBITDA margin 95.4%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.49 Cr
Issued & subscribed
Open charges
₹10.8 Cr
Satisfied ₹3 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
30
Provident fund records

About Citadel Intelligent Systems Limited

Data last updated:

Citadel Intelligent Systems Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 28 September 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PLC044005. Its GSTIN is 29AADCC4023D2Z3 (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.49 Cr. It was formerly known as Citadel Intelligent Systems Private Limited and Citadel Hardsoft Solutions India Private Limited. It is led by directors including Tom Krieckaert and Pawan Venkat Ram Vetcha.

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 No. 52/3 Madanayakanahalli Tumkur Road Bangalore North Taluk, Karnataka, India – 562123.

As per the financials filed for FY 2025, the company reported a revenue of ₹11.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.54 Cr (net margin 89.6%) and EBITDA of ₹11.23 Cr (EBITDA margin 95.4%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 7% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.8 Cr and satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.

Citadel Intelligent Systems Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0042187). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sasmos.com.

Company details

CIN U72200KA2007PLC044005
Registration Number 044005
Incorporation Date 28 September 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0042187

Name history

Citadel Intelligent Systems has undergone 2 name changes throughout its history. The company was previously known as Citadel Intelligent Systems Private Limited, and Citadel Hardsoft Solutions India Private Limited. The current legal name is Citadel Intelligent Systems Limited.

Company NameStatus
Citadel Intelligent Systems LimitedCurrent
Citadel Intelligent Systems Private LimitedPrevious
Citadel Hardsoft Solutions India Private LimitedPrevious

CIN history

Citadel Intelligent Systems has one previous CIN (Corporate Identification Number): U72200KA2007PTC044005. The current CIN is U72200KA2007PLC044005, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200KA2007PLC044005Current
U72200KA2007PTC044005Previous
Key People
Tom Krieckaert Director Pawan Venkat Ram Vetcha Director Chandrashekar Hosa Agrahara Govindarao Director

Recognitions & Rankings of Citadel Intelligent Systems

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0042187

Contact details

Citadel Intelligent Systems Limited's registered office is in Bangalore, Karnataka. Its website is sasmos.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sasmos.com
  • Social Media
  • Registered Address
    No. 52/3 Madanayakanahalli Tumkur Road Bangalore North Taluk, Karnataka, India – 562123
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Citadel Intelligent Systems Limited, buy the company report.

Comprehensive company report
Citadel Intelligent Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activities of Citadel Intelligent Systems are manufacturing and professional, scientific and technical activities. In detail, this covers other manufacturing and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Citadel Intelligent Systems Limited, buy the company report.

Financials of Citadel Intelligent Systems Limited

FY 2025 filings available

Citadel Intelligent Systems Limited reported revenue of ₹11.76 Cr (up 288% YoY) for FY 2025.

Revenue · FY 2025
₹11.76 Cr ▲ 288%
Net profit · FY 2025
₹10.54 Cr margin 89.6%
EBITDA · FY 2025
₹11.23 Cr margin 95.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 288%
3 years · compounded
▲ 27%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 339%
3 years · compounded
▲ 50%
5 years · compounded
▲ 27%

Revenue rose 288% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 339% 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₹11.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.54 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 Margin95.4%
Net Profit Margin89.6%
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 Citadel Intelligent Systems Limited, buy the company report.

Board of directors of Citadel Intelligent Systems Limited

Citadel Intelligent Systems has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tom Krieckaert
Also directs: Cisfiber Infra Solutions Private Limited
Director15 Jul 201511 Years 3 MonthsCurrent
Pawan Venkat Ram Vetcha
Also directs: Hanuka Technology Solutions Private Limited, Canarys-Hanuka Apo Technologies Private Limited, Glodesi Technologies Private Limited and 2 more
Director29 Sep 20206 Years 1 MonthsCurrent
Chandrashekar Hosa Agrahara Govindarao
Also directs: Hanuka Technology Solutions Private Limited, Canarys-Hanuka Apo Technologies Private Limited, Sasmos Het Technologies Limited and 3 more
Director16 Dec 201510 Years 10 MonthsCurrent
View all directors

Auditor

Citadel Intelligent Systems Limited is audited by MUKUNDA SHIVA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MUKUNDA SHIVA & ASSOCIATESFY 2023011768S

Shareholding

The shareholding of Citadel Intelligent Systems 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 Citadel Intelligent Systems Limited, buy the company report.

Charges & borrowings

Open charges
₹10.8 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Axis Bank Limited₹10.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Aug 2017100119168Axis Bank Limited₹10.8 CrOpen
02 May 200910154626Abn Amro Bank Nv₹3 CrSatisfied

To see the full charge records of Citadel Intelligent Systems Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Citadel Intelligent Systems Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 125 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 12)

SupplierAmount dueDue sinceReported on
Anvase Exim Private Limited
Solidus Hi-Tech Product Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Citadel Intelligent Systems Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Citadel Intelligent Systems Limited has a workforce of 30 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
-21.05%

GST

Citadel Intelligent Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AADCC4023D2Z3KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Citadel Intelligent Systems Limited, buy the company report.

Recent activity

Citadel Intelligent Systems Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Pawan Venkat Ram Vetcha ceased to be Additional Director on 30 Nov 2021.

AGM
Citadel Intelligent Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Citadel Intelligent Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Pawan Venkat Ram Vetcha ceased to be Additional Director.
Ceased
Kishan Kumar Shetty ceased to be Director.
Appointed
Pawan Venkat Ram Vetcha was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 10.80 Cr registered on 03 Aug 2017 with Charge ID 100119168 was modified on 30 May 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.80 Cr with Charge ID 100119168 was registered on 03 Aug 2017.
Ceased
Chetinahalli Venkatappa Ravishankar ceased to be Director.
Appointed
Chandrashekar Hosa Agrahara Govindarao was appointed as Director.
Ceased
Uday Shankar Rajaram Manjeshwar ceased to be Director.
Ceased
Paul Eugene Cornelia Krieckaert ceased to be Director.
Appointed
Tom Krieckaert was appointed as Director.

7 earlier events are in the company report.

News

Frequently asked questions

Citadel Intelligent Systems is an active public 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 28 September 2007 (19+ years old) and is registered under CIN U72200KA2007PLC044005.

Citadel Intelligent Systems has 3 current directors:

The latest financial statements of Citadel Intelligent 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 GSTIN of Citadel Intelligent Systems is 29AADCC4023D2Z3, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Citadel Intelligent Systems is U72200KA2007PLC044005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Citadel Intelligent Systems has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.

Citadel Intelligent Systems was incorporated on 28 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.

Pawan Venkat Ram Vetcha ceased to be Additional Director on 30 Nov 2021. Kishan Kumar Shetty ceased to be Director on 01 Apr 2021. Pawan Venkat Ram Vetcha was appointed as Director on 29 Sep 2020. Citadel Intelligent Systems has 12 board changes on record in total.

Yes, Citadel Intelligent Systems is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0042187).

Citadel Intelligent Systems has 3 MSME Form 1 returns on record between 2020 and 2021, listing 125 overdue payments to 12 micro and small suppliers. The latest return was filed on 05 May 2021.

Citadel Intelligent Systems can be reached through the website sasmos.com. Its registered office is in Bangalore, Karnataka, India.