About Tricon Infotech Private Limited
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Tricon Infotech 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 07 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1997PTC021771. Its GSTIN is 29AAACT5424G1ZD (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.18 Cr. It is led by directors including Rajeeva Kumar Parasar and Prashant Ramesh Naik.
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.143 And 144 Hosur Main Road Industrial Layout Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹201.55 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹15.26 Cr (net margin 7.6%) and EBITDA of ₹22.01 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 24% over five years.
The company has about 379 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: PayWheel and Tricon Infotech. Court records list 1 case involving the company. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹98.8 Lakh; the latest was in January 2022. Its 10 peer companies in the Information Technology industry (Application Development, IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is E-Zest Solutions Limited with revenue of ₹203.97 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website triconinfotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.143 And 144 Hosur Main Road Industrial Layout Koramangala, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Tricon Infotech Private Limited
The main business activity of Tricon Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tricon Infotech Private Limited FY 2025 filings available
Tricon Infotech Private Limited reported revenue of ₹201.55 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tricon Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 11% growth in the latest year. EBITDA fell 60% 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 of Tricon Infotech Private Limited
| 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 | ₹22.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.26 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 of Tricon Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tricon Infotech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Tricon Infotech Private Limited
Tricon Infotech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E-Zest Solutions Limited | ₹203.97 Cr (FY 2021) | •••• | •••• | 23.0% | •••• | Pune, Maharashtra, India |
| Osi Digital Private Limited | ₹203.51 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Biz Secure Labs Private Limited | ₹203.39 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Pune, Maharashtra, India |
| Dana India Technical Centre Private Limited | ₹202.17 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Xchanging Solutions Limited Listed | ₹201.91 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Tricon Infotech Private Limited this company | ₹201.55 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Agreeya Solutions (India) Private Limited | ₹201.24 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Intelliswift Software (India) Private Limited | ₹201.12 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Srijan Technologies Private Limited | ₹200.98 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Hexagon Manufacturing Intelligence India Private Limited | ₹200.65 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| CSM Technologies Limited | ₹200.63 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Tricon Infotech by revenue in the Information Technology industry (Application Development, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tricon Infotech Private Limited
Tricon Infotech Private Limited is audited by M S S V & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S S V & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tricon Infotech Private Limited
Tricon Infotech 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 |
|---|---|---|---|---|
| Rajeeva Kumar Parasar Also directs: Tricon Infotech Software Services LLP, Dgenx Technologies LLP | Director | 17 Feb 1997 | 29 Years 7 Months | Current |
| Prashant Ramesh Naik Also directs: Tricon Infotech Software Services LLP | Director | 01 Jan 2004 | 22 Years 9 Months | Current |
| Arpana Parasar Also directs: Tricon Infotech Software Services LLP, Dgenx Technologies LLP | Director | 01 Jan 2004 | 22 Years 9 Months | Current |
Ownership and Shareholding of Tricon Infotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tricon Infotech Private Limited
Tricon Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Tricon Infotech Private Limited
Tricon Infotech Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹98.8 Lakh; the latest was in January 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2010 | Funding round | ₹13.8 Lakh | Investors: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2008 | Secondary share transfer | Undisclosed | Seller: an individual |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Tricon Infotech Private Limited
Tricon Infotech Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Motor accident claim | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Tricon Infotech Private Limited
Tricon Infotech operates two associated brands: PayWheel and Tricon Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automates payroll, attendance, leave, and HR tasks for efficient workforce management. | paywheel.com | |
| Offers strategy, validation, AI, and product engineering services to businesses. | triconinfotech.com |
Employees and EPFO Compliance at Tricon Infotech Private Limited
Tricon Infotech Private Limited has a workforce of 379 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tricon Infotech Private Limited
Tricon Infotech Private Limited has 5 board changes on record since 1997: 4 appointments and 1 cessation. The latest: Kapil Bhalla ceased to be Director on 01 Jan 2011.
Credit Ratings, Litigation & Regulatory Alerts for Tricon Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tricon Infotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tricon Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tricon Infotech Private Limited
Tricon Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT5424G1ZD | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tricon Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tricon Infotech Private Limited
Tricon Infotech 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 07 February 1997 (29+ years old) and is registered under CIN U72200KA1997PTC021771.
Tricon Infotech reported revenue of ₹201.55 Cr for FY 2025 (up 11% YoY).
Tricon Infotech has 3 current directors:
- Rajeeva Kumar Parasar - Director
- Prashant Ramesh Naik - Director
- Arpana Parasar - Director
Tricon Infotech reported a net profit of ₹15.26 Cr (net margin 7.6%) and EBITDA of ₹22.01 Cr (EBITDA margin 10.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tricon Infotech is 25% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tricon Infotech is 29AAACT5424G1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Tricon Infotech is U72200KA1997PTC021771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tricon Infotech has 1 court case on record.
Tricon Infotech was incorporated on 07 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Tricon Infotech has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹98.8 Lakh; the latest was in January 2022.
The peers of Tricon Infotech by revenue are E-Zest Solutions Limited, Osi Digital Private Limited, Biz Secure Labs Private Limited, Dana India Technical Centre Private Limited, Xchanging Solutions Limited and 5 more, all in the Information Technology industry (Application Development, IT Consulting and Services).