About Accernai Software Solutions India Private Limited
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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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTower B Floor 10 Prestige Shantiniketan Whitefield Main Road, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, 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
Associated Brands with Accernai Software Solutions India Private Limited
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 of Accernai Software Solutions India Private Limited
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 | 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 Accernai Software Solutions India Private Limited FY 2024 filings available
Accernai Software Solutions India Private Limited reported revenue of ₹4.78 Cr (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Accernai Software Solutions India Private Limited
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 of Accernai Software Solutions India Private Limited
| 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 of Accernai Software Solutions India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Accernai Software Solutions India are in the company report.
Financial statements from FY 2019
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.
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 of Accernai Software Solutions India Private Limited
Accernai Software Solutions India 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 |
|---|---|---|---|---|---|---|
| Aurus IT Solutions Private Limited | ₹4.79 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Oasis Technosoft Private Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | 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 Limited this company | ₹4.78 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Quest Solutions Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Jamnagar, Gujarat, India |
| Dynamics Monk Private Limited | ₹4.78 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Dsa Softech Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Bangalore, Karnataka, 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 |
Peers are the five companies nearest above and the five nearest below Accernai Software Solutions India 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 Accernai Software Solutions India Private Limited
Accernai Software Solutions India Private Limited is audited by SUNKARASANTOSHKUMAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNKARASANTOSHKUMAR | 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.
Ownership and Shareholding of Accernai Software Solutions 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 Accernai Software Solutions India Private Limited
Accernai Software Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Accernai Software Solutions India Private Limited
Accernai Software Solutions India Private Limited has a workforce of 15 employees as of Mar 21, 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 Accernai Software Solutions India Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Accernai Software Solutions 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 Accernai Software Solutions 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
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Subsidiaries & Group Companies of Accernai Software Solutions 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.
GST Compliance of Accernai Software Solutions India Private Limited
Accernai Software Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA8403F1ZG | Karnataka | Active | 21 Sep 2019 |
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 Accernai Software Solutions 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.
Related news about Accernai Software Solutions India Private Limited
Frequently Asked Questions about Accernai Software Solutions India Private Limited
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 reported revenue of ₹4.78 Cr for FY 2024 (down 46% YoY).
Accernai Software Solutions India has 3 current directors:
- Shivendra Vikram Pandey - Managing Director
- Anshul Vikram Pandey - Director
- Kumesh Aroomoogan - Director
Accernai Software Solutions India reported a net loss of ₹19.53 Lakh (net margin -4.1%) and EBITDA of ₹2.05 Lakh (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Accernai Software Solutions India is 34% over three years. In the latest year (FY 2024) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
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, Oasis Technosoft Private Limited, CKS Global Ventures Private Limited, Synclature Consultancy Private Limited, Axxonet Solutions India Private Limited and 5 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.