Ultium Technologies Private Limited
About Ultium Technologies Private Limited
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Ultium Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC132051. Its GSTIN is 29AACCU5604R1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Puthiyottum Kandi Saratchandran and Hareesh Neelamana Sankara Narayanan.
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.53 Carmel Layout Gunjur Doddakannelli Road Chikkabellandur Carmelaram Post., Bengaluru, Karnataka, India – 560035.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.77 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹18.5 Lakh (net margin 6.7%) and EBITDA of ₹26.61 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 117% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
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- Registered AddressNo.53 Carmel Layout Gunjur Doddakannelli Road Chikkabellandur Carmelaram Post., Bengaluru, Karnataka, India – 560035
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Business Activity of Ultium Technologies Private Limited
The main business activity of Ultium Technologies 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 | 62 | 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 Ultium Technologies Private Limited FY 2025 filings available
Ultium Technologies Private Limited reported revenue of ₹2.77 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ultium Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 117% over five years, including 12% growth in the latest year. EBITDA rose 13% 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 Ultium Technologies 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 | ₹26.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.5 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ultium Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Ultium Technologies are in the company report.
Financial statements from FY 2020
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 Ultium Technologies Private Limited
Ultium Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innovya Technologies Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Kharadi, Maharashtra, India |
| Intuitive Stack Solutions Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Chandigarh, India |
| Valuethought IT Solutions Private Limited | ₹2.77 Cr (FY 2019) | •••• | •••• | 41.0% | •••• | Anantapur, Andhra Pradesh, India |
| Medontech Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Wifonic Technologies Private Limited | ₹2.77 Cr (FY 2018) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Ultium Technologies Private Limited this company | ₹2.77 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bengaluru, Karnataka, India |
| SP Tech Team Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Jaipur, Rajasthan, India |
| Xpandit Solutions Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Hyderabad, Telangana, India |
| Inapayments Software Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 242.0% | •••• | Bangalore, Karnataka, India |
| Care Io Infotech Private Limited | ₹2.77 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Magarpatta, Maharashtra, India |
| Maanya Tech Services Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ultium Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Ultium Technologies Private Limited
Ultium Technologies Private Limited is audited by MUKUNDA SHIVA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKUNDA SHIVA & ASSOCIATES | 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 Ultium Technologies Private Limited
Ultium Technologies 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 |
|---|---|---|---|---|
| Puthiyottum Kandi Saratchandran | Director | 16 Jul 2021 | 5 Years 2 Months | Current |
| Hareesh Neelamana Sankara Narayanan | Director | 16 Jul 2021 | 5 Years 2 Months | Current |
| Santhosh Augustin Kuttikkadan | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Ultium Technologies 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 Ultium Technologies Private Limited
Ultium Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ultium Technologies Private Limited
Employment history and EPFO contributions of people linked to Ultium Technologies.
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 Ultium Technologies Private Limited
Ultium Technologies Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Dhanya Hareesh ceased to be Director on 17 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Ultium Technologies 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 Ultium Technologies 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 Ultium Technologies 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 Ultium Technologies Private Limited
Ultium Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCU5604R1ZP | Karnataka | Active | 19 Mar 2020 |
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 Ultium Technologies 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 Ultium Technologies Private Limited
Ultium Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U72900KA2020PTC132051.
Ultium Technologies reported revenue of ₹2.77 Cr for FY 2025 (up 12% YoY).
Ultium Technologies has 3 current directors:
- Puthiyottum Kandi Saratchandran - Director
- Hareesh Neelamana Sankara Narayanan - Director
- Santhosh Augustin Kuttikkadan - Director
Ultium Technologies reported a net profit of ₹18.5 Lakh (net margin 6.7%) and EBITDA of ₹26.61 Lakh (EBITDA margin 9.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ultium Technologies is 69% over three years and 117% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ultium Technologies is 29AACCU5604R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ultium Technologies is U72900KA2020PTC132051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultium Technologies was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ultium Technologies by revenue are Innovya Technologies Private Limited, Intuitive Stack Solutions Private Limited, Valuethought IT Solutions Private Limited, Medontech Private Limited, Wifonic Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Dhanya Hareesh ceased to be Director on 17 Jul 2021. Hareesh Neelamana Sankara Narayanan was appointed as Director on 16 Jul 2021. Puthiyottum Kandi Saratchandran was appointed as Director on 16 Jul 2021. Ultium Technologies has 4 board changes on record in total.
The registered office of Ultium Technologies is at No.53 Carmel Layout Gunjur Doddakannelli Road Chikkabellandur Carmelaram Post., Bengaluru, Karnataka, India – 560035.