Startup India Government of India
Thinkcircuit Railtech Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.4 Cr
▲ 9% YoY
Net profit · FY 2024
₹16.52 Lakh
Net margin 3.8%
EBITDA · FY 2024
₹48.94 Lakh
EBITDA margin 11.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹92.9 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
5
Provident fund records
About Thinkcircuit Railtech Private Limited
Data last updated:
Thinkcircuit Railtech Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 19 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2019PTC129782. Its GSTIN is 29AAHCT6138Q1ZG (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Mahantesh Siddanagouda Patil and Santosh Bhimappa Naganur.
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 No 1218 O.J.Plex Plaza 2nd And 3rd Floor 80 Feet Road Chandra Layout, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.4 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹16.52 Lakh (net margin 3.8%) and EBITDA of ₹48.94 Lakh (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ThinkCircuit Technologies. As per MCA filings, the company has open charges of ₹92.9 Lakh on record.
Thinkcircuit Railtech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0013449). For more details, the company can be reached via its website thinkcircuit.com.
Company details
CIN U31900KA2019PTC129782
Registration Number 129782
Incorporation Date 19 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0013449
Recognitions & Rankings of Thinkcircuit Railtech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0013449
Contact details
Thinkcircuit Railtech Private Limited's registered office is in Bangalore, Karnataka. Its website is thinkcircuit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 1218 O.J.Plex Plaza 2nd And 3rd Floor 80 Feet Road Chandra Layout, Bangalore, Karnataka, India – 560040
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Thinkcircuit Railtech Private Limited, buy the company report.
Comprehensive company report
Thinkcircuit Railtech 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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Brands
Thinkcircuit Railtech operates one associated brand: ThinkCircuit Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in designing PCBs and embedded systems for various applications. | thinkcircuit.com |
Business activity
The main business activity of Thinkcircuit Railtech is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Thinkcircuit Railtech Private Limited, buy the company report.
Financials of Thinkcircuit Railtech Private Limited
FY 2024 filings availableThinkcircuit Railtech Private Limited reported revenue of ₹4.4 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹4.4 Cr ▲ 9%
Net profit · FY 2024
₹16.52 Lakh margin 3.8%
EBITDA · FY 2024
₹48.94 Lakh margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹48.94 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹16.52 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Thinkcircuit Railtech Private Limited, buy the company report.
Board of directors of Thinkcircuit Railtech Private Limited
Thinkcircuit Railtech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahantesh Siddanagouda Patil | Director | 26 Jun 2020 | 6 Years 4 Months | Current |
| Santosh Bhimappa Naganur Also directs: Traintech Electronics Private Limited | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Thinkcircuit Railtech Private Limited is audited by G V Bhat & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V Bhat & Company | FY 2023 | 222323 |
Shareholding
The shareholding of Thinkcircuit Railtech Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Thinkcircuit Railtech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹92.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2024 | 100937661 | Hdfc Bank Limited | ₹13.9 Lakh | Open | |
| 02 Dec 2020 | 100393744 | State Bank of India | ₹79 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Thinkcircuit Railtech 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 Thinkcircuit Railtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thinkcircuit Railtech Private Limited has a workforce of 5 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Thinkcircuit Railtech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT6138Q1ZG | Karnataka | Active | 27 Dec 2019 |
To see the full GST registrations and return filing status of Thinkcircuit Railtech Private Limited, buy the company report.
Recent activity
Thinkcircuit Railtech Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Gajanana Palakar ceased to be Director on 03 Aug 2020.
AGM
Thinkcircuit Railtech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Thinkcircuit Railtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.90 Lakh with Charge ID 100937661 was registered on 16 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 79.00 Lakh with Charge ID 100393744 was registered on 02 Dec 2020.
Ceased
Gajanana Palakar ceased to be Director.
Appointed
Mahantesh Siddanagouda Patil was appointed as Director.
Appointed
Santosh Bhimappa Naganur was appointed as Director.
Incorporation
19 Nov 2019
Thinkcircuit Railtech Private Limited was registered on 19 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
Frequently asked questions
Thinkcircuit Railtech is an active private limited company based in Bangalore, Karnataka, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 19 November 2019 (7+ years old) and is registered under CIN U31900KA2019PTC129782.
Thinkcircuit Railtech has 2 current directors:
- Mahantesh Siddanagouda Patil - Director
- Santosh Bhimappa Naganur - Director
The latest financial statements of Thinkcircuit Railtech 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 2020 are in the company report.
The GSTIN of Thinkcircuit Railtech is 29AAHCT6138Q1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Thinkcircuit Railtech is U31900KA2019PTC129782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thinkcircuit Railtech was incorporated on 19 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Gajanana Palakar ceased to be Director on 03 Aug 2020. Mahantesh Siddanagouda Patil was appointed as Director on 26 Jun 2020. Santosh Bhimappa Naganur was appointed as Director on 19 Nov 2019.
Yes, Thinkcircuit Railtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Thinkcircuit Railtech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0013449).
Thinkcircuit Railtech can be reached through the website thinkcircuit.com. Its registered office is in Bangalore, Karnataka, India.