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Picar Technologies Private Limited - information technology in Gomti Nagar, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.3 Cr
▲ 15% YoY
Net profit · FY 2024
₹6.31 Lakh
Net margin 4.8%
EBITDA · FY 2024
₹10.16 Lakh
EBITDA margin 7.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹14 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Picar Technologies Private Limited
Data last updated:
Picar Technologies Private Limited is a private limited company based in Gomti Nagar, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2017PTC091105. Its GSTIN is 09AAJCP0398L1ZS (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammad Nasir and Mohammad Usman.
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 3/213 Vipul Khand, Gomti Nagar, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.3 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.31 Lakh (net margin 4.8%) and EBITDA of ₹10.16 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹14 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website picar.co.in.
Company details
CIN U72900UP2017PTC091105
Registration Number 091105
Incorporation Date 07 March 2017
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Picar Technologies
Contact details
Picar Technologies Private Limited's registered office is in Gomti Nagar, Uttar Pradesh. Its website is picar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/213 Vipul Khand, Gomti Nagar, Uttar Pradesh, India – 226010
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Picar Technologies Private Limited, buy the company report.
Comprehensive company report
Picar Technologies 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 Picar Technologies 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 Picar Technologies Private Limited, buy the company report.
Financials of Picar Technologies Private Limited
FY 2024 filings availablePicar Technologies Private Limited reported revenue of ₹1.3 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹1.3 Cr ▲ 15%
Net profit · FY 2024
₹6.31 Lakh margin 4.8%
EBITDA · FY 2024
₹10.16 Lakh margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 21%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 8%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 15% growth in the latest year. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹10.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Picar Technologies Private Limited, buy the company report.
Board of directors of Picar Technologies Private Limited
Picar Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Nasir Also directs: Agog Business Solutions LLP, Picar Technologies LLP, Picar AI Technologies Private Limited and 2 more | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Mohammad Usman | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Hemant Kumar Verma | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
Peer comparison
Picar Technologies 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 |
|---|---|---|---|---|---|---|
| Sara Indus Products Private Limited | ₹1.31 Cr (FY 2024) | 31.0% | Guziliamparai, Tamil Nadu, India | |||
| Astutenext Private Limited | ₹1.31 Cr (FY 2024) | Bhubaneswar, Odisha, India | ||||
| Definitics Software Solutions Private Limited | ₹1.31 Cr (FY 2025) | 65.0% | Pune, Maharashtra, India | |||
| Phoenixplay Tech India Private Limited | ₹1.31 Cr (FY 2025) | -95.0% | Bangalore, Karnataka, India | |||
| Appluent Business Solutions Private Limited | ₹1.31 Cr (FY 2025) | -3.0% | Delhi, India | |||
| Picar Technologies Private Limitedthis company | ₹1.3 Cr (FY 2024) | ₹6.31 Lakh | 4.8% | 15.0% | Gomti Nagar, Uttar Pradesh, India | |
| Erachnida Technologies Private Limited | ₹1.3 Cr (FY 2024) | 1072.0% | New Delhi, Delhi, India | |||
| Adriot Cadenatech Private Limited | ₹1.3 Cr (FY 2024) | -56.0% | Hyderabad, Telangana, India | |||
| Qualtek IT Hub Private Limited | ₹1.3 Cr (FY 2021) | 80.0% | Hyderabad, Telangana, India | |||
| Vudeo Private Limited | ₹1.3 Cr (FY 2020) | -58.0% | Mumbai, Maharashtra, India | |||
| Bimapay Finsure Private Limited | ₹1.3 Cr (FY 2024) | 628.0% | Delhi, India |
To see the full peer comparison of Picar Technologies Private Limited, buy the company report.
Auditor
Picar Technologies Private Limited is audited by KARAMJEET SINGH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARAMJEET SINGH & ASSOCIATES | FY 2023 | 015498C |
Shareholding
The shareholding of Picar Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Picar Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2024 | 100882431 | Others | ₹14 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Picar Technologies 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 Picar Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Picar Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCP0398L1ZS | Uttar Pradesh | Active | 03 Aug 2017 |
To see the full GST registrations and return filing status of Picar Technologies Private Limited, buy the company report.
Recent activity
Picar Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sachin Kumar ceased to be Additional Director on 18 Oct 2023.
AGM
Picar Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Picar Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 14.00 Lakh with Charge ID 100882431 was registered on 23 Feb 2024.
Ceased
Sachin Kumar ceased to be Additional Director.
Appointed
Hemant Kumar Verma was appointed as Director.
Appointed
Mohammad Nasir was appointed as Director.
Appointed
Mohammad Usman was appointed as Director.
Incorporation
07 Mar 2017
Picar Technologies Private Limited was registered on 07 Mar 2017 with Roc Kanpur & aged 9 years 8 months as per MCA records.
Frequently asked questions
Picar Technologies is an active private limited company based in Gomti Nagar, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 March 2017 (9+ years old) and is registered under CIN U72900UP2017PTC091105.
Picar Technologies has 3 current directors:
- Mohammad Nasir - Director
- Mohammad Usman - Director
- Hemant Kumar Verma - Director
The latest financial statements of Picar Technologies 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 FY 2017 are in the company report.
The GSTIN of Picar Technologies is 09AAJCP0398L1ZS, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Picar Technologies is U72900UP2017PTC091105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Picar Technologies was incorporated on 07 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Picar Technologies by revenue are Sara Indus Products Private Limited, Astutenext Private Limited, Definitics Software Solutions Private Limited, Phoenixplay Tech India Private Limited, Appluent Business Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Sachin Kumar ceased to be Additional Director on 18 Oct 2023. Hemant Kumar Verma was appointed as Director on 07 Mar 2017. Mohammad Nasir was appointed as Director on 07 Mar 2017. Picar Technologies has 4 board changes on record in total.
Yes, Picar Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Picar Technologies can be reached through the website picar.co.in. Its registered office is in Gomti Nagar, Uttar Pradesh, India.
The registered office of Picar Technologies is at 3213 Vipul Khand, Gomti Nagar, Uttar Pradesh, India – 226010.
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