About Accernai Software Solutions India Private Limited
Data last updated:
Accernai Software Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC120742. Its GSTIN is 29AARCA8403F1ZG (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 Shivendra Vikram Pandey (Managing Director) and Anshul Vikram Pandey.
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 Tower B Floor 10 Prestige Shantiniketan Whitefield Main Road, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.78 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹19.53 Lakh (net margin -4.1%) and EBITDA of ₹2.05 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Accern.
For more details, the company can be reached via its website accern.com.
Company details
Contact details
Accernai Software Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is accern.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTower B Floor 10 Prestige Shantiniketan Whitefield Main Road, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Accernai Software Solutions India 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
Accernai Software Solutions India operates one associated brand: Accern. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based analytics for stock insights and predictive decisions are offered. | accern.com |
Business activity
The main business activity of Accernai Software Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Accernai Software Solutions India Private Limited, buy the company report.
Financials of Accernai Software Solutions India Private Limited
FY 2024 filings availableAccernai Software Solutions India Private Limited reported revenue of ₹4.78 Cr (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 97% 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 | ₹2.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.53 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 | 0.4% | ||||
| Net Profit Margin | -4.1% | ||||
| 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 Accernai Software Solutions India Private Limited, buy the company report.
Board of directors of Accernai Software Solutions India Private Limited
Accernai Software Solutions India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivendra Vikram Pandey | Managing Director | 24 Jan 2019 | 7 Years 8 Months | Current |
| Anshul Vikram Pandey Also directs: Panscience Innovations LLP, LMF Venture Partners LLP, Panscience Predictive Technologies Private Limited and 5 more | Director | 24 Jan 2019 | 7 Years 8 Months | Current |
| Kumesh Aroomoogan | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Accernai Software Solutions India Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aurus IT Solutions Private Limited | ₹4.79 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| CKS Global Ventures Private Limited | ₹4.79 Cr (FY 2025) | -29.0% | Mumbai, Maharashtra, India | |||
| Synclature Consultancy Private Limited | ₹4.79 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Axxonet Solutions India Private Limited | ₹4.78 Cr (FY 2025) | 45.0% | Bangalore, Karnataka, India | |||
| Accernai Software Solutions India Private Limitedthis company | ₹4.78 Cr (FY 2024) | -₹19.53 Lakh | -4.1% | -46.0% | 15 | Bangalore, Karnataka, India |
| Dynamics Monk Private Limited | ₹4.78 Cr (FY 2024) | 7.0% | Delhi, India | |||
| Singx Cross Border Solutions Private Limited | ₹4.78 Cr (FY 2025) | 51.0% | Pune, Maharashtra, India | |||
| V2web Hosting Private Limited | ₹4.78 Cr (FY 2024) | 7.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Accernai Software Solutions India Private Limited, buy the company report.
Auditor
Accernai Software Solutions India Private Limited is audited by SUNKARASANTOSHKUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNKARASANTOSHKUMAR | FY 2023 | 243365 |
Shareholding
The shareholding of Accernai Software Solutions India 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 Accernai Software Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Accernai Software Solutions India 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 Accernai Software Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accernai Software Solutions India Private Limited has a workforce of 15 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Accernai Software Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA8403F1ZG | Karnataka | Active | 21 Sep 2019 |
To see the full GST registrations and return filing status of Accernai Software Solutions India Private Limited, buy the company report.
Recent activity
Accernai Software Solutions India Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Shivendra Vikram Pandey ceased to be Director on 22 Jul 2022.
News
Frequently asked questions
Accernai Software Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 January 2019 (7+ years old) and is registered under CIN U74999KA2019PTC120742.
Accernai Software Solutions India has 3 current directors:
- Shivendra Vikram Pandey - Managing Director
- Anshul Vikram Pandey - Director
- Kumesh Aroomoogan - Director
The latest financial statements of Accernai Software Solutions India 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 FY 2019 are in the company report.
The GSTIN of Accernai Software Solutions India is 29AARCA8403F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Accernai Software Solutions India is U74999KA2019PTC120742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accernai Software Solutions India was incorporated on 24 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Accernai Software Solutions India by revenue are Aurus IT Solutions Private Limited, CKS Global Ventures Private Limited, Synclature Consultancy Private Limited, Axxonet Solutions India Private Limited, Dynamics Monk Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Shivendra Vikram Pandey ceased to be Director on 22 Jul 2022. Wilson Bradford Cook ceased to be Director on 31 May 2022. Kumesh Aroomoogan was appointed as Director on 21 Feb 2022. Accernai Software Solutions India has 5 board changes on record in total.
Accernai Software Solutions India can be reached through the website accern.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Accernai Software Solutions India is at Tower B Floor 10 Prestige Shantiniketan Whitefield Main Road, Bangalore, Karnataka, India – 560048.
Accernai Software Solutions India operates in the information technology industry, in the IT consulting and support services segment.