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Netronics Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.13 Cr
▲ 286% YoY
Net profit · FY 2023
₹14.57 Lakh
Net margin 4.7%
EBITDA · FY 2023
₹23.67 Lakh
EBITDA margin 7.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Netronics Solutions Private Limited
Data last updated:
Netronics Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC124581. Its GSTIN is 29AAGCN5426L1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Choorakkattu Narayampillai Anoopprabakaran and Lekha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at # 32 1st Floor Shop # 01 Sri Krupa Layout Abbigere Chikkabanavara, Bangalore, Karnataka, India – 560090.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14.57 Lakh (net margin 4.7%) and EBITDA of ₹23.67 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
Netronics Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0019052). For more details, the company can be reached via its website netronics.in.
Company details
CIN U72900KA2019PTC124581
Registration Number 124581
Incorporation Date 23 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0019052
Recognitions & Rankings of Netronics Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0019052
Contact details
Netronics Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is netronics.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address# 32 1st Floor Shop # 01 Sri Krupa Layout Abbigere Chikkabanavara, Bangalore, Karnataka, India – 560090
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Netronics Solutions Private Limited, buy the company report.
Comprehensive company report
Netronics Solutions 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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Business activity
The main business activity of Netronics Solutions 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 Netronics Solutions Private Limited, buy the company report.
Financials of Netronics Solutions Private Limited
FY 2023 filings availableNetronics Solutions Private Limited reported revenue of ₹3.13 Cr (up 286% YoY) for FY 2023.
Revenue · FY 2023
₹3.13 Cr ▲ 286%
Net profit · FY 2023
₹14.57 Lakh margin 4.7%
EBITDA · FY 2023
₹23.67 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 286%
3 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 257%
3 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 286% growth in the latest year. EBITDA rose 257% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23.67 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹14.57 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | 7.6% | |||
| Net Profit Margin | 4.7% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Netronics Solutions Private Limited, buy the company report.
Board of directors of Netronics Solutions Private Limited
Netronics Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Choorakkattu Narayampillai Anoopprabakaran Also directs: Mect Edupark Global Private Limited | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Lekha | Director | 23 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Netronics Solutions 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 |
|---|---|---|---|---|---|---|
| Mobisign Services Private Limited | ₹3.13 Cr (FY 2024) | 35.0% | Gurugram, Haryana, India | |||
| Credapp Software Private Limited | ₹3.13 Cr (FY 2025) | -47.0% | Ahmedabad, Gujarat, India | |||
| I-Mech Technologies Private Limited | ₹3.13 Cr (FY 2025) | 17493.0% | Hyderabad, Telangana, India | |||
| Gamio Technologies Private Limited | ₹3.13 Cr (FY 2024) | 66.0% | Delhi, India | |||
| Nyletech Solutions Private Limited | ₹3.13 Cr (FY 2025) | 70.0% | Hyderabad, Telangana, India | |||
| Netronics Solutions Private Limitedthis company | ₹3.13 Cr (FY 2023) | ₹14.57 Lakh | 4.7% | 286.0% | Bangalore, Karnataka, India | |
| White House Business Solutions Private Limited | ₹3.13 Cr (FY 2024) | -30.0% | Chennai, Tamil Nadu, India | |||
| Mlops Solutions Private Limited | ₹3.13 Cr (FY 2025) | -14.0% | Hyderabad, Telangana, India | |||
| Qorenext India Private Limited | ₹3.12 Cr (FY 2024) | 60.0% | Gurgaon, Haryana, India | |||
| Bright Bridge Infotech Private Limited | ₹3.12 Cr (FY 2024) | -29.0% | Coimbatore, Tamil Nadu, India | |||
| Caftius Technologies Private Limited | ₹3.12 Cr (FY 2024) | 12.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Netronics Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2023 | 100729027 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Netronics Solutions 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 Netronics Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netronics Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN5426L1Z0 | Karnataka | Active | 06 Jun 2019 |
To see the full GST registrations and return filing status of Netronics Solutions Private Limited, buy the company report.
Recent activity
Netronics Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Choorakkattu Narayampillai Anoopprabakaran was appointed as Director on 23 May 2019.
AGM
Netronics Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Netronics Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100729027 was registered on 16 Mar 2023.
Appointed
Choorakkattu Narayampillai Anoopprabakaran was appointed as Director.
Appointed
Lekha was appointed as Director.
Incorporation
23 May 2019
Netronics Solutions Private Limited was registered on 23 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Netronics Solutions 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 23 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124581.
Netronics Solutions has 2 current directors:
- Choorakkattu Narayampillai Anoopprabakaran - Director
- Lekha - Director
The latest financial statements of Netronics Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Netronics Solutions is 29AAGCN5426L1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Netronics Solutions is U72900KA2019PTC124581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netronics Solutions was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Netronics Solutions by revenue are Mobisign Services Private Limited, Credapp Software Private Limited, I-Mech Technologies Private Limited, Gamio Technologies Private Limited, Nyletech Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Choorakkattu Narayampillai Anoopprabakaran was appointed as Director on 23 May 2019. Lekha was appointed as Director on 23 May 2019.
Yes, Netronics Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Netronics Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0019052).
Netronics Solutions can be reached through the website netronics.in. Its registered office is in Bangalore, Karnataka, India.