Polynomial AI India Private Limited

Polynomial AI India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2021PTC145061 Incorporated 09 March 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Revenue · FY 2024
₹2.67 Cr
▲ 8% YoY
Net loss · FY 2024
₹3.34 Lakh
Net margin -1.3%
EBITDA · FY 2024
-₹2.88 Lakh
EBITDA margin -1.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Polynomial AI India Private Limited

Data last updated:

Polynomial AI India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 March 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC145061. Its GSTIN is 29AALCP8425E1Z3 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagaraj Pramod Bharadwaj and Puneet Gupta.

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 A – 201 Nagarjuna Greenwoods Kadubeesanahalli Bellandur, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.67 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹3.34 Lakh (net margin -1.3%) and EBITDA of -₹2.88 Lakh (EBITDA margin -1.1%).

For more details, the company can be reached via its website polynomial.ai.

Company details

CIN U72900KA2021PTC145061
Registration Number 145061
Incorporation Date 09 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active

Contact details

Polynomial AI India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 201 Nagarjuna Greenwoods Kadubeesanahalli Bellandur, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Polynomial AI India Private Limited, buy the company report.

Comprehensive company report
Polynomial AI India 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 Polynomial AI India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Polynomial AI India Private Limited, buy the company report.

Financials of Polynomial AI India Private Limited

FY 2025 filings available

Polynomial AI India Private Limited reported revenue of ₹2.67 Cr (up 8% YoY) for FY 2024.

Revenue · FY 2024
₹2.67 Cr ▲ 8%
Net loss · FY 2024
₹3.34 Lakh margin -1.3%
EBITDA · FY 2024
-₹2.88 Lakh margin -1.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
EBITDA CAGR growth
3 years · compounded
▼ 237%

Revenue rose 8% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹2.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.34 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 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-1.1%
Net Profit Margin-1.3%
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 Polynomial AI India Private Limited, buy the company report.

Board of directors of Polynomial AI India Private Limited

Polynomial AI India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nagaraj Pramod BharadwajDirector09 Mar 20215 Years 8 MonthsCurrent
Puneet GuptaDirector09 Mar 20215 Years 8 MonthsCurrent

Peer comparison

Polynomial AI India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Icare Teleservices Private Limited₹2.68 Cr (FY 2025)7.0%Patna, Bihar, India
White Feather Consultancy Private Limited₹2.68 Cr (FY 2025)21.0%Bhopal, Madhya Pradesh, India
Polynomial AI India Private Limitedthis company₹2.67 Cr (FY 2024)-₹3.34 Lakh-1.3%8.0%Bangalore, Karnataka, India
Upvision Software Services Private Limited₹2.66 Cr (FY 2024)66.0%Gandhinagar, Gujarat, India

To see the full peer comparison of Polynomial AI India Private Limited, buy the company report.

Auditor

Polynomial AI India Private Limited is audited by Karishma Khetan & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Karishma Khetan & AssociatesFY 2023021820S

Shareholding

The shareholding of Polynomial AI India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Polynomial AI India Private Limited, buy the company report.

MSME payment delays

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

GST

Polynomial AI India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCP8425E1Z3KarnatakaActive30 May 2021

To see the full GST registrations and return filing status of Polynomial AI India Private Limited, buy the company report.

Recent activity

Polynomial AI India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nagaraj Pramod Bharadwaj was appointed as Director on 09 Mar 2021.

AGM
Polynomial Ai India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polynomial Ai India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Nagaraj Pramod Bharadwaj was appointed as Director.
Appointed
Puneet Gupta was appointed as Director.
Incorporation
09 Mar 2021
Polynomial Ai India Private Limited was registered on 09 Mar 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.

Frequently asked questions

Polynomial AI India 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 09 March 2021 (5+ years old) and is registered under CIN U72900KA2021PTC145061.

Polynomial AI India has 2 current directors:

The latest financial statements of Polynomial AI India 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 2021 are in the company report.

The GSTIN of Polynomial AI India is 29AALCP8425E1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Polynomial AI India is U72900KA2021PTC145061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polynomial AI India was incorporated on 09 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Polynomial AI India by revenue are Icare Teleservices Private Limited, White Feather Consultancy Private Limited, Upvision Software Services Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other professional, scientific and technical activities).

Nagaraj Pramod Bharadwaj was appointed as Director on 09 Mar 2021. Puneet Gupta was appointed as Director on 09 Mar 2021.

Polynomial AI India can be reached through the website polynomial.ai. Its registered office is in Bangalore, Karnataka, India.

The registered office of Polynomial AI India is at A – 201 Nagarjuna Greenwoods Kadubeesanahalli Bellandur, Bangalore, Karnataka, India – 560103.

Polynomial AI India operates in the information technology industry, in the software development and support services segment.