
About Symbol Technologies India Private Limited
Data last updated:
Symbol Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Symbol Technologies Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC095239. Its GSTIN is 29AAECS7171H1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹89.65 Lakh. It is led by directors including Loke Weng Hong Adrian and Loke Heong.
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 201 Prestige Sigma Second Floor No.3 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹691.5 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹64.6 Cr (net margin 9.3%) and EBITDA of ₹176 Cr (EBITDA margin 25.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 659 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Antuit.ai, Antuit AI and Symbol Technologies. As per MCA filings, the company has satisfied charges of ₹2.2 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2016. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 480 overdue payments to 56 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website symbol.com.
Company details
CIN history
Symbol Technologies India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200KA2000PTC095239, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2000PTC095239 | Current |
| U72200HR2000PTC038808 | Previous |
| U72200KA2000PTC027066 | Previous |
Contact details
Symbol Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is symbol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 Prestige Sigma Second Floor No.3 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Symbol Technologies India Private Limited, buy the company report.
- 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
Brands
Symbol Technologies India operates multiple associated brands including Antuit.ai, Antuit AI, and Symbol Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced analytics are delivered to retailers and CPG companies. | prognosinc.com | |
| AI-based omnichannel solutions are delivered for retail businesses. | antuit.ai | |
| Limited information available | symbol.com |
Business activity
The main business activity of Symbol Technologies India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Symbol Technologies India Private Limited, buy the company report.
Financials of Symbol Technologies India Private Limited
FY 2024 filings availableSymbol Technologies India Private Limited reported revenue of ₹691.5 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 32% growth in the latest year. EBITDA rose 19% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹176 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.6 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.5% | ||||
| Net Profit Margin | 9.3% | ||||
| 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 Symbol Technologies India Private Limited, buy the company report.
Board of directors of Symbol Technologies India Private Limited
Symbol Technologies India has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Loke Weng Hong Adrian Also directs: Psion Systems India Private Limited, Antuit India Private Limited, Antuit India Private Limited and 1 more | Director | 10 Feb 2021 | 5 Years 8 Months | Current |
| Loke Heong | Director | 31 Dec 2022 | 3 Years 9 Months | Current |
| Vinod Kumar Ramankutty Also directs: Psion Systems India Private Limited, Antuit India Private Limited, Antuit India Private Limited and 1 more | Director | 11 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Symbol Technologies India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Symbol Technologies India 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 Symbol Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2015 | 10559200 | Standard Chartered Bank | ₹2.2 Cr | Satisfied |
To see the full charge records of Symbol Technologies India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Symbol Technologies India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Zebra Luxco III Sarl Seller: Symbol Technologies Asia Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Symbol Technologies India Private Limited has 10 court cases on record: 1 filed by Symbol Technologies India, 9 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court | Tax appeal | Filed against the company by The PR Commissioner of Income Tax | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Commissioner of Income Tax C.R. Building, Queens Road , District: Bangalore , , Karnataka and 1 other | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Commissioner of Income Tax III Commissioner of Income Tax III Bengaluru -6, BMTC Building, Koramangala , District: Bangalore ,Bangalore , Karnataka and 1 other | Disposed |
To see the full case history of Symbol Technologies India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Symbol Technologies India Private Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 480 overdue payments to 56 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 56)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Wipro Vlsi Design Services India Private Limited | |||
| United Consultancy Services India Private Limited | |||
| an individual supplier | |||
| RF Genie Enterprises Private Limited | |||
| Pinnacle Rewards & Recognition Private Limited |
To see the full MSME payment records of Symbol Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Symbol Technologies India Private Limited has a workforce of 659 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Symbol Technologies India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS7171H1Z0 | Karnataka | Active | 01 Jul 2017 |
| 27AAECS7171H1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Symbol Technologies India Private Limited, buy the company report.
Recent activity
Symbol Technologies India Private Limited has 26 board changes on record since 2007: 3 appointments and 23 cessations. The latest: Loke Heong ceased to be Additional Director on 28 Sep 2023.
19 earlier events are in the company report.
News
Frequently asked questions
Symbol Technologies India is an active 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 12 May 2000 (26+ years old) and is registered under CIN U72200KA2000PTC095239.
Symbol Technologies India has 3 current directors:
- Loke Weng Hong Adrian - Director
- Loke Heong - Director
- Vinod Kumar Ramankutty - Director
The latest financial statements of Symbol Technologies India 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 2015 are in the company report.
The GSTIN of Symbol Technologies India is 29AAECS7171H1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECS7171H1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Symbol Technologies India is U72200KA2000PTC095239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Symbol Technologies India has 10 court cases on record: 1 filed by the company and 9 filed against it. 1 is pending. Most are in the high courts.
Symbol Technologies India was incorporated on 12 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Symbol Technologies India has 1 deal on record (1 secondary share transfer); the latest was in September 2016.
Loke Heong ceased to be Additional Director on 28 Sep 2023. Loke Heong was appointed as Director on 31 Dec 2022. Loke Weng Hong Adrian ceased to be Additional Director on 22 Nov 2021. Symbol Technologies India has 26 board changes on record in total.
Symbol Technologies India has 11 MSME Form 1 returns on record between 2020 and 2024, listing 480 overdue payments to 56 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Symbol Technologies India can be reached through the website symbol.com. Its registered office is in Bangalore, Karnataka, India.