MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0228866
Sierra Circuits(India) Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹67.12 Cr
▲ 48% YoY
Net profit · FY 2025
₹7.16 Cr
Net margin 10.7%
EBITDA · FY 2025
₹11.58 Cr
EBITDA margin 17.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹29.7 Lakh
Issued & subscribed
Company age
27 yrs
Est. 1999
Employees · EPFO
299
Provident fund records
Directors on board
2
As per MCA filings
About Sierra Circuits(India) Private Limited
Data last updated:
Sierra Circuits(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 01 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1999PTC025664. Its GSTIN is 29AAECS3468D2Z7 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.7 Lakh. It was formerly known as Sierra Software Design Centre Private Limited. It is led by directors Birendra Kumar Maharana and Bhima Rao Mulwad Gopalakrishna.
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 No 607 2nd And 3rd Floor Sarakki VI Phase Extension 15th Cross J P Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.12 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹7.16 Cr (net margin 10.7%) and EBITDA of ₹11.58 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 32% over five years.
The company has about 299 employees on its provident fund (EPFO) records.
The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹17.16 Cr; the latest was in February 2025.
Sierra Circuits(India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0228866). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website protoexpress.com.
Company details
CIN U72200KA1999PTC025664
Registration Number 025664
Incorporation Date 01 September 1999
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0228866
Recognitions & Rankings of Sierra Circuits(India)
Contact details
Sierra Circuits(India) Private Limited's registered office is in Bangalore, Karnataka. Its website is protoexpress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 607 2nd And 3rd Floor Sarakki VI Phase Extension 15th Cross J P Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Sierra Circuits(India) Private Limited, buy the company report.
Comprehensive company report
Sierra Circuits(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 Sierra Circuits(India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Sierra Circuits(India) Private Limited, buy the company report.
Financials of Sierra Circuits(India) Private Limited
FY 2025 filings availableSierra Circuits(India) Private Limited reported revenue of ₹67.12 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹67.12 Cr ▲ 48%
Net profit · FY 2025
₹7.16 Cr margin 10.7%
EBITDA · FY 2025
₹11.58 Cr margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 34%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 37%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 48% growth in the latest year. EBITDA rose 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹67.12 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.16 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sierra Circuits(India) Private Limited, buy the company report.
Board of directors of Sierra Circuits(India) Private Limited
Sierra Circuits(India) has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Birendra Kumar Maharana | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Bhima Rao Mulwad Gopalakrishna | Director | 16 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Sierra Circuits(India) Private Limited is audited by DEEPAK GULATI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK GULATI & ASSOCIATES | FY 2024 | 007545N |
Shareholding
The shareholding of Sierra Circuits(India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sierra Circuits(India) Private Limited, buy the company report.
Deals & funding
Sierra Circuits(India) Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹17.16 Cr; the latest was in February 2025.
Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹17.16 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round | ₹17.16 Cr | Investors: Sierra Circuits INC |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Sierra Circuits INC Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Sierra Circuits INC Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Sierra Circuits INC, an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sierra Circuits Private Limited |
To see the full deal history of Sierra Circuits(India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sierra Circuits(India) 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 Sierra Circuits(India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sierra Circuits(India) Private Limited has a workforce of 299 employees on its EPFO records as of Feb 03, 2026, across 1 active EPFO establishment.
Employee count
299
Active EPFO establishments
1
Employee growth
0.34%
GST
Sierra Circuits(India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS3468D2Z7 | Karnataka | Active | 30 Dec 2022 |
| 30AAECS3468D1ZP | Goa | Active | 25 Jan 2023 |
To see the full GST registrations and return filing status of Sierra Circuits(India) Private Limited, buy the company report.
Recent activity
Sierra Circuits(India) Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Birendra Kumar Maharana was appointed as Director on 01 Dec 2023.
AGM
Sierra Circuits(India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sierra Circuits(India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Birendra Kumar Maharana was appointed as Director.
Appointed
Bhima Rao Mulwad Gopalakrishna was appointed as Director.
Ceased
Naveen Rai ceased to be Additional Director.
Ceased
Selvi Ramabathiran ceased to be Director.
Ceased
Ravichandra Sundaram Nagasubramanian ceased to be Director.
Ceased
Chirag Deepak Kalra ceased to be Director.
Ceased
Sundaram Nagasubramanian Somashekar ceased to be Additional Director.
Ceased
Rameshchandra Chudamanrao Parate ceased to be Managing Director.
Incorporation
01 Sep 1999
Sierra Circuits(India) Private Limited was registered on 01 Sep 1999 with Roc Bangalore & aged 27 years 1 month as per MCA records.
Frequently asked questions
Sierra Circuits(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 01 September 1999 (27+ years old) and is registered under CIN U72200KA1999PTC025664.
Sierra Circuits(India) has 2 current directors:
- Birendra Kumar Maharana - Director
- Bhima Rao Mulwad Gopalakrishna - Director
The latest financial statements of Sierra Circuits(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 2015 are in the company report.
The GSTIN of Sierra Circuits(India) is 29AAECS3468D2Z7, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAECS3468D1ZP (Goa).
The CIN (Corporate Identification Number) of Sierra Circuits(India) is U72200KA1999PTC025664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sierra Circuits(India) was incorporated on 01 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Sierra Circuits(India) has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹17.16 Cr; the latest was in February 2025.
Birendra Kumar Maharana was appointed as Director on 01 Dec 2023. Bhima Rao Mulwad Gopalakrishna was appointed as Director on 16 Nov 2022. Naveen Rai ceased to be Additional Director on 12 Nov 2022. Sierra Circuits(India) has 8 board changes on record in total.
Yes, Sierra Circuits(India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0228866).
Sierra Circuits(India) can be reached through the website protoexpress.com. Its registered office is in Bangalore, Karnataka, India.