About Afthonia Private Limited
Data last updated:
Afthonia Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC115686. Its GSTIN is 29AARCA2265R1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.89 Lakh. It is led by directors including Rahul Sarin and Santoash Candar Cuddalore Rajaram.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 23 Siva Arcade 4th Floor 29th Main Btm Layout 1st Stage, Bengaluru, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.15 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹32.25 Lakh (net margin -94.4%) and EBITDA of -₹32.22 Lakh (EBITDA margin -94.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 38% over five years.
The company is associated with 1 brand: Afthonia Lab.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website afthonialab.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressNo. 23 Siva Arcade 4th Floor 29th Main Btm Layout 1st Stage, Bengaluru, Karnataka, India – 560068
- 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
Business Activity of Afthonia Private Limited
The main business activity of Afthonia 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.
Financials of Afthonia Private Limited FY 2025 filings available
Afthonia Private Limited reported revenue of ₹34.15 Lakh (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Afthonia Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 33% growth in the latest year. EBITDA rose 25% 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 Afthonia 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 | -₹32.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32.25 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 Afthonia Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -94.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -94.4% | •••• | •••• | •••• | •••• |
| 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 Afthonia 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.
Peer Comparison of Afthonia Private Limited
Afthonia Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hosiyarloko IT Solutions Private Limited | ₹34.4 Lakh (FY 2019) | •••• | •••• | 521.0% | •••• | Kosapalayam, Puducherry, India |
| Eduonix Technologies Private Limited | ₹34.31 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Navi Mumbai, Maharashtra, India |
| Manentia Advisory Private Limited | ₹34.21 Lakh (FY 2025) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Lcube Technologies Private Limited | ₹34.15 Lakh (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| A Square Project Management Services Private Limited | ₹34.15 Lakh (FY 2018) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Afthonia Private Limited this company | ₹34.15 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Bengaluru, Karnataka, India |
| Marconix Sales and Marketing Private Limited | ₹34.14 Lakh (FY 2020) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Cerebrumedge Technologies Private Limited | ₹34.12 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Bangalore, Karnataka, India |
| Elgin White India Private Limited | ₹34.07 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Zaax Consulting Private Limited | ₹34.01 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Ocean Star Consultant Private Limited | ₹34 Lakh (FY 2022) | •••• | •••• | 25.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Afthonia by revenue in the Information Technology industry (IT Consulting and Services), 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 Afthonia Private Limited
Afthonia Private Limited is audited by M N B K & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N B K & 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 Afthonia Private Limited
Afthonia has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Sarin | Director | 21 Jan 2020 | 6 Years 8 Months | Current |
| Santoash Candar Cuddalore Rajaram | Director | 09 Mar 2021 | 5 Years 7 Months | Current |
| Jay Krishna Menon Also directs: Zoomin Online (India) Private Limited | Director | 27 Aug 2018 | 8 Years 1 Months | Current |
| Tanul Kshitendra Mishra | Director | 27 Aug 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Afthonia 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 Afthonia Private Limited
Afthonia Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Afthonia Private Limited
Afthonia operates one associated brand: Afthonia Lab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Accelerator focused on fintech startups | afthonialab.com |
Employees and EPFO Compliance at Afthonia Private Limited
Employment history and EPFO contributions of people linked to Afthonia.
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 Afthonia Private Limited
Afthonia Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Santoash Candar Cuddalore Rajaram was appointed as Director on 09 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Afthonia 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 Afthonia 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 Afthonia 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 Afthonia Private Limited
Afthonia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA2265R1ZR | Karnataka | Active | 30 Dec 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 Afthonia 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 Afthonia Private Limited
Afthonia is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 August 2018 (8+ years old) and is registered under CIN U74999KA2018PTC115686.
Afthonia reported revenue of ₹34.15 Lakh for FY 2025 (up 33% YoY).
Afthonia has 4 current directors:
- Rahul Sarin - Director
- Santoash Candar Cuddalore Rajaram - Director
- Jay Krishna Menon - Director
- Tanul Kshitendra Mishra - Director
Afthonia reported a net loss of ₹32.25 Lakh (net margin -94.4%) and EBITDA of -₹32.22 Lakh (EBITDA margin -94.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Afthonia is 11% over three years and 38% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Afthonia is 29AARCA2265R1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Afthonia is U74999KA2018PTC115686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afthonia was incorporated on 27 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Afthonia by revenue are Hosiyarloko IT Solutions Private Limited, Eduonix Technologies Private Limited, Manentia Advisory Private Limited, Lcube Technologies Private Limited, A Square Project Management Services Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Santoash Candar Cuddalore Rajaram was appointed as Director on 09 Mar 2021. Rahul Sarin was appointed as Director on 21 Jan 2020. Jay Krishna Menon was appointed as Director on 27 Aug 2018. Afthonia has 4 board changes on record in total.
Yes, Afthonia is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).