Picode Systems Private Limited

Picode Systems Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2022PTC165788 Incorporated 06 September 2022 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Revenue · FY 2025
₹78.83 Lakh
▲ 113% YoY
Net profit · FY 2025
₹5.34 Lakh
Net margin 6.8%
EBITDA · FY 2025
₹7.17 Lakh
EBITDA margin 9.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Picode Systems Private Limited

Data last updated:

Picode Systems Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 September 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2022PTC165788. Its GSTIN is 29AANCP2160Q1ZO (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Murab Gola and M Srinivasulu.

Its last annual general meeting (AGM) was held on 10 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prestige Atlanta No.10 Industrial Layout 7th Main 80 Ft Rd 3rd Block Koramangala, Bengaluru, Karnataka, India – 560034.

As per the financials filed for FY 2025, the company reported a revenue of ₹78.83 Lakh, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹5.34 Lakh (net margin 6.8%) and EBITDA of ₹7.17 Lakh (EBITDA margin 9.1%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72200KA2022PTC165788
Registration Number 165788
Incorporation Date 06 September 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Picode Systems Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Prestige Atlanta No.10 Industrial Layout 7th Main 80 Ft Rd 3rd Block Koramangala, Bengaluru, Karnataka, India – 560034
  • Industry
    Information Technology, Application Development & Software Solutions, Database Management & Solutions

To see the full contact details of Picode Systems Private Limited, buy the company report.

Comprehensive company report
Picode Systems 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 Picode Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

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

Financials of Picode Systems Private Limited

FY 2025 filings available

Picode Systems Private Limited reported revenue of ₹78.83 Lakh (up 113% YoY) for FY 2025.

Revenue · FY 2025
₹78.83 Lakh ▲ 113%
Net profit · FY 2025
₹5.34 Lakh margin 6.8%
EBITDA · FY 2025
₹7.17 Lakh margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 113%
EBITDA CAGR growth
1 year
▲ 115%

Revenue rose 113% in the latest year. EBITDA rose 115% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
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₹7.17 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.34 Lakh
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 2022-23
Profitability
EBITDA Margin9.1%
Net Profit Margin6.8%
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 Picode Systems Private Limited, buy the company report.

Board of directors of Picode Systems Private Limited

Picode Systems has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Murab GolaDirector06 Sep 20224 Years 2 MonthsCurrent
M SrinivasuluDirector06 Sep 20224 Years 2 MonthsCurrent

Auditor

Picode Systems Private Limited is audited by NEERAJ BHAGAT & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NEERAJ BHAGAT & CO.FY 2023014949N

Shareholding

The shareholding of Picode Systems Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Picode Systems Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Picode Systems Private Limited has 1 active EPFO establishment as of Nov 11, 2026.

Active EPFO establishments
1

GST

Picode Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AANCP2160Q1ZOKarnatakaActive14 Mar 2023

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

Recent activity

Picode Systems Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: M Srinivasulu was appointed as Director on 06 Sep 2022.

AGM
Picode Systems Private Limited last Annual general meeting of members was held on 10 Jul 2025 as per latest MCA records.
Filing
Picode Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
M Srinivasulu was appointed as Director.
Appointed
Murab Gola was appointed as Director.
Incorporation
06 Sep 2022
Picode Systems Private Limited was registered on 06 Sep 2022 with Roc Bangalore & aged 4 years 2 months as per MCA records.

Frequently asked questions

Picode Systems is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 September 2022 (4+ years old) and is registered under CIN U72200KA2022PTC165788.

Picode Systems has 2 current directors:

The latest financial statements of Picode Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 July 2025. Year-wise statements from FY 2023 are in the company report.

The GSTIN of Picode Systems is 29AANCP2160Q1ZO, registered in Karnataka.

The CIN (Corporate Identification Number) of Picode Systems is U72200KA2022PTC165788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Picode Systems was incorporated on 06 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

M Srinivasulu was appointed as Director on 06 Sep 2022. Murab Gola was appointed as Director on 06 Sep 2022.

The registered office of Picode Systems is at Prestige Atlanta No.10 Industrial Layout 7th Main 80 Ft Rd 3rd Block Koramangala, Bengaluru, Karnataka, India – 560034.

Picode Systems operates in the information technology industry, in the application development and software solutions segment.

The compliance status of Picode Systems is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.