Phigrid Consulting Private Limited

Phigrid Consulting Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U62091KA2023PTC178761 Incorporated 16 September 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹79.81 Cr
▲ 287% YoY
Net profit · FY 2025
₹1.71 Cr
Net margin 2.1%
EBITDA · FY 2025
₹2.35 Cr
EBITDA margin 2.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Employees · EPFO
35
Provident fund records
Directors on board
4
As per MCA filings

About Phigrid Consulting Private Limited

Data last updated:

Phigrid Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 September 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62091KA2023PTC178761. Its GSTIN is 29AAOCP0930H1Z8 (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 Krishnaswamy Sai Ramesh and Prabhuram Ramesh.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹79.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 2.1%) and EBITDA of ₹2.35 Cr (EBITDA margin 2.9%).

The company has about 35 employees on its provident fund (EPFO) records.

Company details

CIN U62091KA2023PTC178761
Registration Number 178761
Incorporation Date 16 September 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Phigrid Consulting Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No. 398 8th Main Sadananda Nagar, Ngef Layout, Bangalore, Karnataka, India – 560038
  • Industry
    Information Technology, IT Consulting & Support Services, IT Infrastructure Management & Services
Comprehensive company report
Phigrid Consulting Private Limited - one report that includes everything
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Business activity

The main business activity of Phigrid Consulting is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

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

Financials of Phigrid Consulting Private Limited

FY 2025 filings available

Phigrid Consulting Private Limited reported revenue of ₹79.81 Cr (up 287% YoY) for FY 2025.

Revenue · FY 2025
₹79.81 Cr ▲ 287%
Net profit · FY 2025
₹1.71 Cr margin 2.1%
EBITDA · FY 2025
₹2.35 Cr margin 2.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 287%
EBITDA CAGR growth
1 year
▲ 5%

Revenue rose 287% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
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₹2.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.71 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 2023-24
Profitability
EBITDA Margin2.9%
Net Profit Margin2.1%
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 Phigrid Consulting Private Limited, buy the company report.

Board of directors of Phigrid Consulting Private Limited

Phigrid Consulting has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnaswamy Sai RameshDirector15 Apr 20242 Years 6 MonthsCurrent
Prabhuram RameshDirector15 Apr 20242 Years 6 MonthsCurrent
Shekhar Janardhan GurupathamDirector15 Apr 20242 Years 6 MonthsCurrent
Gurunath Prabhu RanjalDirector15 Apr 20242 Years 6 MonthsCurrent

Peer comparison

Phigrid Consulting Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Absolut Info Systems Private Limited₹80.18 Cr (FY 2025)16.0%New Delhi, Delhi, India
Alphalogic Techsys Limited₹80.16 Cr (FY 2025)44.0%Pune, Maharashtra, India
Tangoe India Softek Services Private Limited₹80.03 Cr (FY 2025)3.0%Bangalore, Karnataka, India
Rtcamp Solutions Private Limited₹79.97 Cr (FY 2025)37.0%Pune, Maharashtra, India
Innovation Technology by Design Private Limited₹79.94 Cr (FY 2025)44.0%Jalandhar, Punjab, India
Phigrid Consulting Private Limitedthis company₹79.81 Cr (FY 2025)₹1.71 Cr2.1%287.0%Bangalore, Karnataka, India
Spirent Communications (India) Private Limited₹79.48 Cr (FY 2022)26.0%Bangalore, Karnataka, India
GT Nexus Software Private Limited₹79.36 Cr (FY 2019)7.0%Hyderabad, Telangana, India
Advatix Apac Logistics Private Limited₹79.25 Cr (FY 2025)74.0%New Delhi, Delhi, India
Symphonyincubator Business Services Private Limited₹79.22 Cr (FY 2025)-6.0%Bangalore, Karnataka, India

To see the full peer comparison of Phigrid Consulting Private Limited, buy the company report.

MSME payment delays

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

GST

Phigrid Consulting has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAOCP0930H1Z8KarnatakaActive17 Oct 2023

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

Recent activity

Phigrid Consulting Private Limited has 8 board changes on record since 2023: 6 appointments and 2 cessations. The latest: Amareshwar Bangalore Erappa ceased to be Director on 15 Apr 2024.

AGM
Phigrid Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Phigrid Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Amareshwar Bangalore Erappa ceased to be Director.
Appointed
Gurunath Prabhu Ranjal was appointed as Director.
Appointed
Krishnaswamy Sai Ramesh was appointed as Director.
Appointed
Prabhuram Ramesh was appointed as Director.
Appointed
Shekhar Janardhan Gurupatham was appointed as Director.
Ceased
Subhashini Nayar ceased to be Director.
Appointed
Amareshwar Bangalore Erappa was appointed as Director.
Appointed
Subhashini Nayar was appointed as Director.
Incorporation
16 Sep 2023
Phigrid Consulting Private Limited was registered on 16 Sep 2023 with Roc Bangalore & aged 3 years 1 month as per MCA records.

Frequently asked questions

Phigrid Consulting 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 16 September 2023 (3+ years old) and is registered under CIN U62091KA2023PTC178761.

Phigrid Consulting has 4 current directors:

The latest financial statements of Phigrid Consulting 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 FY 2024 are in the company report.

The GSTIN of Phigrid Consulting is 29AAOCP0930H1Z8, registered in Karnataka.

The CIN (Corporate Identification Number) of Phigrid Consulting is U62091KA2023PTC178761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Phigrid Consulting was incorporated on 16 September 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Phigrid Consulting by revenue are Absolut Info Systems Private Limited, Alphalogic Techsys Limited, Tangoe India Softek Services Private Limited, Rtcamp Solutions Private Limited, Innovation Technology by Design Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).

Amareshwar Bangalore Erappa ceased to be Director on 15 Apr 2024. Gurunath Prabhu Ranjal was appointed as Director on 15 Apr 2024. Krishnaswamy Sai Ramesh was appointed as Director on 15 Apr 2024. Phigrid Consulting has 8 board changes on record in total.

The registered office of Phigrid Consulting is at No. 398 8th Main Sadananda Nagar, Ngef Layout, Bangalore, Karnataka, India – 560038.

Phigrid Consulting operates in the information technology industry, in the IT consulting and support services segment.

Phigrid Consulting can be reached at its registered office: No. 398 8th Main Sadananda Nagar, Ngef Layout, Bangalore, Karnataka, India – 560038.