True Code Private Limited - business services in Kochi, Kerala, India. FY 2026 financials & compliance.
CIN U62099KL2017PTC049099 Incorporated 10 May 2017 ROC Ernakulam HQ Kochi, Kerala, India
Active Private Limited Company
Data last updated
Revenue · FY 2024
₹3.16 Cr
▲ 650% YoY
Net profit · FY 2024
₹40.41 Lakh
Net margin 12.8%
EBITDA · FY 2024
₹66.2 Lakh
EBITDA margin 20.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Open charges
₹52.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About True Code Private Limited

Data last updated:

True Code Private Limited is a private limited company based in Kochi, Kerala, India. It was incorporated on 10 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U62099KL2017PTC049099. Its GSTIN is 32AAGCT2529Q2ZY (Kerala). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Louis Issac (Managing Director) and Yesma Rose Kulambran.

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 Rajagiri College Of Social Sciences Rajagiri Valley Po Kakkanad, Kochi, Kerala, India – 682039.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹40.41 Lakh (net margin 12.8%) and EBITDA of ₹66.2 Lakh (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 174% over three years and 224% over five years.

The company is associated with 1 brand: True Code. As per MCA filings, the company has open charges of ₹52.5 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U62099KL2017PTC049099
Registration Number 049099
Incorporation Date 10 May 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

True Code has one previous CIN (Corporate Identification Number): U72900KL2017PTC049099. The current CIN is U62099KL2017PTC049099, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62099KL2017PTC049099Current
U72900KL2017PTC049099Previous

Contact details

True Code Private Limited's registered office is in Kochi, Kerala. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Rajagiri College Of Social Sciences Rajagiri Valley Po Kakkanad, Kochi, Kerala, India – 682039

To see the full contact details of True Code Private Limited, buy the company report.

Comprehensive company report
True Code 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

True Code operates one associated brand: True Code. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive branding, advertising, and market research solutions to businesses.truecodetech.com

Business activity

The main business activity of True Code is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of True Code Private Limited, buy the company report.

Financials of True Code Private Limited

FY 2025 filings available

True Code Private Limited reported revenue of ₹3.16 Cr (up 650% YoY) for FY 2024.

Revenue · FY 2024
₹3.16 Cr ▲ 650%
Net profit · FY 2024
₹40.41 Lakh margin 12.8%
EBITDA · FY 2024
₹66.2 Lakh margin 20.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 650%
3 years · compounded
▲ 174%
5 years · compounded
▲ 224%
EBITDA CAGR growth
1 year
▲ 859%
3 years · compounded
▲ 372%
5 years · compounded
▲ 139%

Revenue has grown at a compounded annual rate (CAGR) of 224% over five years, including 650% growth in the latest year. EBITDA rose 859% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹66.2 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.41 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.9%
Net Profit Margin12.8%
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 True Code Private Limited, buy the company report.

Board of directors of True Code Private Limited

True Code has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yesma Rose KulambranDirector16 Dec 20196 Years 10 MonthsCurrent
Louis IssacManaging Director10 May 20179 Years 5 MonthsCurrent

Peer comparison

True Code Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tizzy Cloud Computing Private Limited₹3.19 Cr (FY 2025)110.0%Mumbai, Maharashtra, India
Viha Digital Commerce Private Limited₹3.19 Cr (FY 2025)-18.0%Ahmedabad, Gujarat, India
Prostart - Me Technology Private Limited₹3.18 Cr (FY 2025)-28.0%Surat, Gujarat, India
Quiklrn Private Limited₹3.18 Cr (FY 2024)43.0%Bangalore, Karnataka, India
XDD India Private Limited₹3.17 Cr (FY 2022)78.0%Hyderabad, Telangana, India
True Code Private Limitedthis company₹3.16 Cr (FY 2024)₹40.41 Lakh12.8%650.0%Kochi, Kerala, India
Btptt Systems Private Limited₹3.16 Cr (FY 2025)6.0%Bangalore, Karnataka, India
Athena Training Solutions Private Limited₹3.15 Cr (FY 2025)7.0%Thane, Maharashtra, India
Ms Knowledge Processing Private Limited₹3.15 Cr (FY 2024)16.0%Noida, Uttar Pradesh, India
Buzzify Media Private Limited₹3.14 Cr (FY 2025)34.0%Kolkata, West Bengal, India
Begig Private Limited₹3.13 Cr (FY 2025)-52.0%Mumbai, Maharashtra, India

To see the full peer comparison of True Code Private Limited, buy the company report.

Charges & borrowings

Open charges
₹52.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 2025101089742Others₹52.5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for True Code Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

True Code has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
32AAGCT2529Q2ZYKeralaActive14 Oct 2020

To see the full GST registrations and return filing status of True Code Private Limited, buy the company report.

Recent activity

True Code Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Yesma Rose Kulambran ceased to be Additional Director on 19 Dec 2020.

AGM
True Code Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
True Code Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 52.50 Lakh with Charge ID 101089742 was registered on 25 Mar 2025.
Ceased
Yesma Rose Kulambran ceased to be Additional Director.
Ceased
Vilber Jose ceased to be Whole-Time Director.
Appointed
Yesma Rose Kulambran was appointed as Director.
Appointed
Louis Issac was appointed as Managing Director.
Incorporation
10 May 2017
True Code Private Limited was registered on 10 May 2017 with Roc Ernakulam & aged 9 years 5 months as per MCA records.

Frequently asked questions

True Code is an active private limited company based in Kochi, Kerala, India. It was incorporated on 10 May 2017 (9+ years old) and is registered under CIN U62099KL2017PTC049099.

True Code has 2 current directors:

The latest financial statements of True Code on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of True Code is 32AAGCT2529Q2ZY, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of True Code is U62099KL2017PTC049099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

True Code was incorporated on 10 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of True Code by revenue are Tizzy Cloud Computing Private Limited, Viha Digital Commerce Private Limited, Prostart - Me Technology Private Limited, Quiklrn Private Limited, XDD India Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Yesma Rose Kulambran ceased to be Additional Director on 19 Dec 2020. Vilber Jose ceased to be Whole-Time Director on 16 Dec 2019. Yesma Rose Kulambran was appointed as Director on 16 Dec 2019. True Code has 4 board changes on record in total.

The registered office of True Code is at Rajagiri College Of Social Sciences Rajagiri Valley Po Kakkanad, Kochi, Kerala, India – 682039.

True Code has open charges of ₹52.5 Lakh and no satisfied charges on record as per latest MCA filings.

The compliance status of True Code is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.