About Peol Technologies Private Limited
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Peol Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 31 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC072792. Its GSTIN is 29AAHCP5201G1ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Prashant Nagathan and Vinod Kumar Gejjalagere Ramu.
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 Plot No 306 2nd Floor Poonam Chambers 3rd Block Hrbr Layout Hennur Main Road, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.27 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹3.38 Cr (net margin -53.9%) and EBITDA of -₹3.18 Cr (EBITDA margin -50.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Peol Technologies Pvt and PEOL Digital Solutions. As per MCA filings, the company has satisfied charges of ₹8.7 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website peolsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 306 2nd Floor Poonam Chambers 3rd Block Hrbr Layout Hennur Main Road, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Software Development & Support Services
- 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
Business Activity of Peol Technologies Private Limited
The main business activity of Peol Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Peol Technologies Private Limited FY 2024 filings available
Peol Technologies Private Limited reported revenue of ₹6.27 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Peol Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 8% fall in the latest year. EBITDA fell 96% 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 Peol Technologies Private Limited
| 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 | -₹3.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.38 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Peol Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Peol Technologies 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.
Peer Comparison of Peol Technologies Private Limited
Peol Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imagine IT Private Limited | •••• | •••• | •••• | •••• | 83 | Shaikpet, Telangana, India |
| Sine Info Ventures Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Malanad Communications Private Limited | •••• | •••• | •••• | •••• | 21 | Vythiri, Kerala, India |
| List Software Private Limited | •••• | •••• | •••• | •••• | 75 | Sangli, Maharashtra, India |
| Aequalis Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kanchipuram, Tamil Nadu, India |
| Peol Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Infometry India Software Private Limited | •••• | •••• | •••• | •••• | 40 | Bangalore South, Karnataka, India |
| Simply Algo Fintech Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore South, Tamil Nadu, India |
| PNR Systems Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Shivoham Technoservices Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Triquark Internet Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Peol Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Peol Technologies Private Limited
Peol Technologies Private Limited is audited by BC SHETTY AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BC SHETTY AND 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 Peol Technologies Private Limited
Peol Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Nagathan | Director | 31 Dec 2013 | 12 Years 9 Months | Current |
| Vinod Kumar Gejjalagere Ramu | Director | 31 Dec 2013 | 12 Years 9 Months | Current |
Ownership and Shareholding of Peol Technologies 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 Peol Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2019 | Others | ₹8.7 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Peol Technologies Private Limited
Peol Technologies Private Limited has 5 court cases on record: 3 filed by Peol Technologies, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Peol Technologies Private Limited
Peol Technologies operates two associated brands: Peol Technologies Pvt and PEOL Digital Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SAP consulting and development services to enterprises. | peolsolutions.com | |
| Invoice processing software is developed for business operations. | peoldigisol.com |
Employees and EPFO Compliance at Peol Technologies Private Limited
Peol Technologies Private Limited has a workforce of 110 employees as of Mar 30, 2024.
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.
Recent Activity on Peol Technologies Private Limited
Peol Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Prashant Nagathan was appointed as Director on 31 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Peol Technologies 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 Peol Technologies 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 Peol Technologies 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.
GST Compliance of Peol Technologies Private Limited
Peol Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP5201G1ZJ | 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.
MCA Filings & Documents of Peol Technologies 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.
Frequently Asked Questions about Peol Technologies Private Limited
Peol Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 31 December 2013 (13+ years old) and is registered under CIN U72200KA2013PTC072792.
Peol Technologies reported revenue of ₹6.27 Cr for FY 2024 (down 8% YoY).
Peol Technologies has 2 current directors:
- Prashant Nagathan - Director
- Vinod Kumar Gejjalagere Ramu - Director
Peol Technologies reported a net loss of ₹3.38 Cr (net margin -53.9%) and EBITDA of -₹3.18 Cr (EBITDA margin -50.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Peol Technologies is -19% over three years and -17% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Peol Technologies is 29AAHCP5201G1ZJ, 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 Peol Technologies is U72200KA2013PTC072792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Peol Technologies has 5 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Peol Technologies was incorporated on 31 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Peol Technologies by revenue are Imagine IT Private Limited, Sine Info Ventures Private Limited, Malanad Communications Private Limited, List Software Private Limited, Aequalis Software Solutions Private Limited and 5 more, all in the Information Technology industry (Software Services).
Prashant Nagathan was appointed as Director on 31 Dec 2013. Vinod Kumar Gejjalagere Ramu was appointed as Director on 31 Dec 2013.