- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0068395

About Thinkcore Technologies Private Limited
Data last updated:
Thinkcore Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2008PTC045599. Its GSTIN is 29AACCT9134F1Z6 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gorti Maruti Dinakar (Whole-Time Director) and Thrivikraman Santhosh (Whole-Time Director).
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.83 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹88.56 Lakh (net margin 15.2%) and EBITDA of ₹1.28 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 35% over five years.
The company is associated with 1 brand: ThinkCore Tech.
Thinkcore Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068395). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thinkcoretech.com.
Company details
Recognitions & Rankings of Thinkcore Technologies
Contact details
Thinkcore Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is thinkcoretech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor No. 3484 Bda 4th H Block 80Ft Ring Road, Raghuvanahalli Banashankari 6th Stage, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Thinkcore Technologies 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
Thinkcore Technologies operates one associated brand: ThinkCore Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application development services are provided by ThinkCore Tech in Bengaluru. | thinkcoretech.com |
Business activity
The main business activity of Thinkcore Technologies 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 Thinkcore Technologies Private Limited, buy the company report.
Financials of Thinkcore Technologies Private Limited
FY 2024 filings availableThinkcore Technologies Private Limited reported revenue of ₹5.83 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 36% growth in the latest year. EBITDA rose 209% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88.56 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | ||||
| Net Profit Margin | 15.2% | ||||
| 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 Thinkcore Technologies Private Limited, buy the company report.
Board of directors of Thinkcore Technologies Private Limited
Thinkcore Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorti Maruti Dinakar | Whole-Time Director | 28 Apr 2010 | 16 Years 6 Months | Current |
| Thrivikraman Santhosh | Whole-Time Director | 28 Apr 2010 | 16 Years 6 Months | Current |
| Narendra Aswatha Narayana | Whole-Time Director | 13 Mar 2008 | 18 Years 8 Months | Current |
Auditor
Thinkcore Technologies Private Limited is audited by A.N.Chaluvaiya And Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.N.Chaluvaiya And Co | FY 2023 | 000552S |
Shareholding
The shareholding of Thinkcore Technologies 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 Thinkcore Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thinkcore Technologies 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 Thinkcore Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thinkcore Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT9134F1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thinkcore Technologies Private Limited, buy the company report.
Recent activity
Thinkcore Technologies Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Kalmeshwar Venkatarao Kulkarni ceased to be Whole-Time Director on 16 Dec 2011.
Frequently asked questions
Thinkcore Technologies 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 13 March 2008 (18+ years old) and is registered under CIN U72900KA2008PTC045599.
Thinkcore Technologies has 3 current directors:
- Gorti Maruti Dinakar - Whole-Time Director
- Thrivikraman Santhosh - Whole-Time Director
- Narendra Aswatha Narayana - Whole-Time Director
The latest financial statements of Thinkcore Technologies 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 Thinkcore Technologies is 29AACCT9134F1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Thinkcore Technologies is U72900KA2008PTC045599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thinkcore Technologies was incorporated on 13 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Kalmeshwar Venkatarao Kulkarni ceased to be Whole-Time Director on 16 Dec 2011. Gorti Maruti Dinakar ceased to be Director on 30 Sep 2010. Thrivikraman Santhosh ceased to be Director on 30 Sep 2010. Thinkcore Technologies has 8 board changes on record in total.
Yes, Thinkcore Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0068395).
Thinkcore Technologies can be reached through the website thinkcoretech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Thinkcore Technologies is at 4th Floor No. 3484 Bda 4th H Block 80Ft Ring Road, Raghuvanahalli Banashankari 6th Stage, Bangalore, Karnataka, India – 560062.

