About Virsec Systems India Private Limited
Data last updated:
Virsec Systems India Private Limited is a foreign private limited company based in Bangalore North, Karnataka, India, a subsidiary of Virsec Systems, Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015FTC079663. Its GSTIN is 29AAFCV0757M1ZR (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Crystalynn Kayleen Graham and Puneet Gupta.
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 Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.37 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Cr (net margin 10.7%) and EBITDA of ₹3.95 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Virsec Systems.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virsec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWework – Roshni Tech Hub Ground Floor. Marathahalli Main Rd, Lakshminarayana Pura Epip Zone Chinnapanna Halli, Bangalore North, Karnataka, India – 560037
- 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
- One PDF report, delivered after checkout
Associated Brands with Virsec Systems India Private Limited
Virsec Systems India operates one associated brand: Virsec Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Runtime self-protection is delivered for web application security. | virsec.com |
Competitors & Alternatives of Virsec Systems India Private Limited
Brands and companies operating in the same space as Virsec Systems India Private Limited include Checkmarx, Snyk, Veracode and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Checkmarx | Security testing software is provided for code vulnerability detection. | Atlanta, United States | 2006 |
 Snyk | Application security is delivered via a cloud-based developer platform. | Boston, United States | 2015 |
 Veracode | AI-powered testing software for securing applications is offered. | Burlington, United States | 2006 |
 ArmorCode | AI powered application security solutions | Palo Alto, United States | 2020 |
 StackHawk | Cloud based security testing software | Denver, United States | 2019 |
 Cycode | Cloud-based application security testing solutions are provided. | Tel Aviv, Israel | 2019 |
 Adaptive Shield | Cloud-based cyber risk and vulnerability assessments are delivered. | Tel Aviv, Israel | 2019 |
 Watchfire | Web application vulnerability assessment and compliance solutions are provided. | Waltham, United States | 1996 |
 BluBracket | Security solutions for application source code are provided. | Palo Alto, United States | 2018 |
Business Activity of Virsec Systems India Private Limited
The main business activity of Virsec Systems India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Auditor Details of Virsec Systems India Private Limited
Virsec Systems India Private Limited is audited by SRINIVASA AND CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRINIVASA AND 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 Virsec Systems India Private Limited
Virsec Systems India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Crystalynn Kayleen Graham | Director | 15 Feb 2024 | 2 Years 7 Months | Current |
| Puneet Gupta Also directs: Thalaron Global Private Limited | Director | 15 Feb 2025 | 1 Years 7 Months | Current |
Financials of Virsec Systems India Private Limited FY 2025 filings available
Virsec Systems India Private Limited reported revenue of ₹25.37 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Virsec Systems India Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 20% 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 Virsec Systems India 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.95 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.7 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Virsec Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.7% | •••• | •••• | •••• | •••• |
| 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 Virsec Systems India are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Virsec Systems India 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 Virsec Systems India Private Limited
Virsec Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virsec Systems India Private Limited
Virsec Systems India Private Limited has a workforce of 65 employees as of Apr 09, 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.
GST Compliance of Virsec Systems India Private Limited
Virsec Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV0757M1ZR | 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.
Credit Ratings, Litigation & Regulatory Alerts for Virsec Systems India 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 Virsec Systems India 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 Virsec Systems India 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.
MCA Filings & Documents of Virsec Systems India 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.
Recent Activity on Virsec Systems India Private Limited
Frequently Asked Questions about Virsec Systems India Private Limited
Virsec Systems India is an active foreign private limited company based in Bangalore North, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 April 2015 (11+ years old) and is registered under CIN U72200KA2015FTC079663.
Virsec Systems India reported revenue of ₹25.37 Cr for FY 2025 (down 34% YoY).
Virsec Systems India has 2 current directors:
- Crystalynn Kayleen Graham - Director
- Puneet Gupta - Director
Virsec Systems India reported a net profit of ₹2.7 Cr (net margin 10.7%) and EBITDA of ₹3.95 Cr (EBITDA margin 15.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virsec Systems India is -17% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Virsec Systems India is 29AAFCV0757M1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Virsec Systems India is U72200KA2015FTC079663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virsec Systems India was incorporated on 06 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Virsec Systems India can be reached through the website virsec.com. Its registered office is in Bangalore North, Karnataka, India.