About Terracode Systems Private Limited
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Terracode Systems Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2018PTC107558. Its GSTIN is 09AAGCT9160K1ZR (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shyam Sunder Bhatia and Simran Bhatia.
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 Is – 304 Fourth Floor Tower No – Is3 Utc Softech Plot No. 35 Block – B Sector – 132, Noida, Uttar Pradesh, India – 201305.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.63 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹44.68 Lakh (net margin 6.7%) and EBITDA of ₹76.09 Lakh (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 36% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.
For more details, the company can be reached via its website antares-tech.com.
Company details
Contact details
Terracode Systems Private Limited's registered office is in Noida, Uttar Pradesh. Its website is antares-tech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIs – 304 Fourth Floor Tower No – Is3 Utc Softech Plot No. 35 Block – B Sector – 132, Noida, Uttar Pradesh, India – 201305
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
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- 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
Business activity
The main business activity of Terracode Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Terracode Systems Private Limited, buy the company report.
Financials of Terracode Systems Private Limited
FY 2024 filings availableTerracode Systems Private Limited reported revenue of ₹6.63 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹76.09 Lakh | ||||
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| Net Profit (PAT) | ₹44.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Terracode Systems Private Limited, buy the company report.
Board of directors of Terracode Systems Private Limited
Terracode Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Bhatia | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Simran Bhatia | Director | 06 Sep 2018 | 8 Years 2 Months | Current |
| Avinash Bhatia | Director | 06 Sep 2018 | 8 Years 2 Months | Current |
Peer comparison
Terracode Systems Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Java Ventures International Private Limited | ₹6.65 Cr (FY 2024) | -35.0% | Bhopal, Madhya Pradesh, India | |||
| Paragon Solutions Private Limited | ₹6.64 Cr (FY 2020) | -8.0% | Bengaluru, Karnataka, India | |||
| Appex Tech Innovations Private Limited | ₹6.64 Cr (FY 2024) | -16.0% | Mumbai, Maharashtra, India | |||
| Bigthinkcode Technologies Private Limited | ₹6.64 Cr (FY 2024) | -3.0% | Chennai, Tamil Nadu, India | |||
| Cetpa Infotech Private Limited | ₹6.63 Cr (FY 2025) | -23.0% | Roorkee, Uttarakhand, India | |||
| Terracode Systems Private Limitedthis company | ₹6.63 Cr (FY 2024) | ₹44.68 Lakh | 6.7% | -28.0% | 18 | Noida, Uttar Pradesh, India |
| Yuhiro Technologies Private Limited | ₹6.63 Cr (FY 2024) | 65.0% | Kochi, Kerala, India | |||
| Bpaas Solutions Private Limited | ₹6.63 Cr (FY 2023) | 130.0% | New Delhi, Delhi, India | |||
| Energiteam Technologies Private Limited | ₹6.63 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India | |||
| Itechmanage Cybermatics Private Limited | ₹6.62 Cr (FY 2024) | 17.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Terracode Systems Private Limited, buy the company report.
Auditor
Terracode Systems Private Limited is audited by Dilip Mishra & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dilip Mishra & Co. | FY 2023 | 021517N |
Shareholding
The shareholding of Terracode Systems 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 Terracode Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2021 | 100433924 | Others | ₹10 Lakh | Satisfied |
To see the full charge records of Terracode Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Terracode Systems 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 Terracode Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Terracode Systems Private Limited has a workforce of 18 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 18 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Terracode Systems Private Limited, buy the company report.
GST
Terracode Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCT9160K1ZR | Uttar Pradesh | Active | 17 Oct 2018 |
To see the full GST registrations and return filing status of Terracode Systems Private Limited, buy the company report.
Recent activity
Terracode Systems Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Shyam Sunder Bhatia ceased to be Additional Director on 30 Sep 2021.
Frequently asked questions
Terracode Systems is an active private limited company based in Noida, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 September 2018 (8+ years old) and is registered under CIN U72900UP2018PTC107558.
Terracode Systems has 3 current directors:
- Shyam Sunder Bhatia - Director
- Simran Bhatia - Director
- Avinash Bhatia - Director
The latest financial statements of Terracode Systems 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 FY 2019 are in the company report.
The GSTIN of Terracode Systems is 09AAGCT9160K1ZR, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Terracode Systems is U72900UP2018PTC107558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terracode Systems was incorporated on 06 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Terracode Systems by revenue are Java Ventures International Private Limited, Paragon Solutions Private Limited, Appex Tech Innovations Private Limited, Bigthinkcode Technologies Private Limited, Cetpa Infotech Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Shyam Sunder Bhatia ceased to be Additional Director on 30 Sep 2021. Shyam Sunder Bhatia was appointed as Director on 23 Apr 2021. Avinash Bhatia was appointed as Director on 06 Sep 2018. Terracode Systems has 4 board changes on record in total.
Terracode Systems can be reached through the website antares-tech.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Terracode Systems is at Is – 304 Fourth Floor Tower No – Is3 Utc Softech Plot No. 35 Block – B Sector – 132, Noida, Uttar Pradesh, India – 201305.
Terracode Systems operates in the information technology industry, in the application development and software solutions segment.
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