About Productiv Systems India Private Limited
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Productiv Systems India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Productiv Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC131954. Its GSTIN is 29AALCP0124G1ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shridhar Laxmikant Mirani and Ashish Aggarwal.
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 Sector 7, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.19 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹77.4 Lakh (net margin 6.9%) and EBITDA of ₹1.22 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Productiv.
For more details, the company can be reached via its website productiv.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 1126 9th Main Road, Sector 7, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands with Productiv Systems India Private Limited
Productiv Systems India operates one associated brand: Productiv. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Productiv is focused on SaaS portfolio management and AI visibility. | productiv.com |
Business Activity of Productiv Systems India Private Limited
The main business activity of Productiv Systems India 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 Productiv Systems India Private Limited FY 2025 filings available
Productiv Systems India Private Limited reported revenue of ₹11.19 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Productiv Systems India Private Limited
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA fell 41% 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 Productiv Systems India 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 | ₹1.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹77.4 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 of Productiv Systems India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.9% | •••• | •••• | •••• | •••• |
| 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 Productiv Systems India are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Productiv Systems India Private Limited
Productiv Systems India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Laxmikant Mirani | Director | 24 Jan 2020 | 6 Years 8 Months | Current |
| Ashish Aggarwal | Director | 12 Oct 2023 | 3 Years 0 Months | Current |
Peer Comparison of Productiv Systems India Private Limited
Productiv Systems India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rigel Networks Private Limited | ₹11.23 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Vadodara, Gujarat, India |
| Cap Digisoft Solutions Private Limited | ₹11.22 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Coimbatore, Tamil Nadu, India |
| Agaram Technologies Private Limited | ₹11.22 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Survik Software Private Limited | ₹11.21 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Contracting Plus Solutions Private Limited | ₹11.19 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Mahe, Puducherry, India |
| Productiv Systems India Private Limited this company | ₹11.19 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Osi Digital Services Private Limited | ₹11.18 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Dataformix Technologies Private Limited | ₹11.17 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Hyderabad, Telangana, India |
| Engminds Private Limited | ₹11.17 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Vectoscalar Technologies Private Limited | ₹11.14 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Funcell Games Private Limited | ₹11.13 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | A. C Lane, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Productiv Systems India by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Productiv Systems India Private Limited
Productiv Systems India Private Limited is audited by CHITRA HEGDE AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHITRA HEGDE AND ASSOCIATES | 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.
Ownership and Shareholding of Productiv Systems India 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 Productiv Systems India Private Limited
Productiv Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Productiv Systems India Private Limited
Productiv Systems India Private Limited has a workforce of 30 employees as of Apr 08, 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 Productiv Systems India Private Limited
Productiv Systems India Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Ashish Aggarwal was appointed as Director on 12 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Productiv Systems India 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 Productiv Systems India 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 Productiv Systems India 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 Productiv Systems India Private Limited
Productiv Systems India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP0124G1ZJ | Karnataka | Active | 26 Feb 2020 |
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 Productiv Systems India 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.
Related news about Productiv Systems India Private Limited
Frequently Asked Questions about Productiv Systems India Private Limited
Productiv Systems India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 January 2020 (6+ years old) and is registered under CIN U72900KA2020FTC131954.
Productiv Systems India reported revenue of ₹11.19 Cr for FY 2024 (down 20% YoY).
Productiv Systems India has 2 current directors:
- Shridhar Laxmikant Mirani - Director
- Ashish Aggarwal - Director
Productiv Systems India reported a net profit of ₹77.4 Lakh (net margin 6.9%) and EBITDA of ₹1.22 Cr (EBITDA margin 10.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Productiv Systems India is 66% over three years. In the latest year (FY 2024) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Productiv Systems India is 29AALCP0124G1ZJ, 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 Productiv Systems India is U72900KA2020FTC131954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Productiv Systems India was incorporated on 24 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Productiv Systems India by revenue are Rigel Networks Private Limited, Cap Digisoft Solutions Private Limited, Agaram Technologies Private Limited, Survik Software Private Limited, Contracting Plus Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ashish Aggarwal was appointed as Director on 12 Oct 2023. Munish Gandhi ceased to be Nominee Director on 12 Oct 2023. Munish Gandhi was appointed as Nominee Director on 24 Jan 2020. Productiv Systems India has 4 board changes on record in total.
Productiv Systems India can be reached through the website productiv.com. Its registered office is in Bangalore, Karnataka, India.