Air Infotech Services Private Limited

Air Infotech Services Private Limited - information technology in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300MH2012PTC228234 Incorporated 15 March 2012 ROC Nagpur HQ Nagpur, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹2.05 Cr
▼ 83% YoY
Net profit · FY 2023
₹28.64 Lakh
Net margin 14%
EBITDA · FY 2023
₹29.06 Lakh
EBITDA margin 14.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
4
As per MCA filings
GST registrations
2
None active

About Air Infotech Services Private Limited

Data last updated:

Air Infotech Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 March 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72300MH2012PTC228234. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sagar Prasanna Chitaley and Adwait Ashutosh Chitaley.

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 Of H. No. 213 2nd Floor Satyam Apartment Wardha Road Dhantoli, Nagpur, Maharashtra, India – 440012.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.05 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹28.64 Lakh (net margin 14%) and EBITDA of ₹29.06 Lakh (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 23% over five years.

The company is associated with 1 brand: AIR Infotech. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airinfotech.in.

Company Details of Air Infotech Services Private Limited
CIN U72300MH2012PTC228234
Registration Number 228234
Incorporation Date 15 March 2012
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Apps
  • Registered Address
    Of H. No. 213 2nd Floor Satyam Apartment Wardha Road Dhantoli, Nagpur, Maharashtra, India – 440012
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Air Infotech Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Air Infotech Services Private Limited

Air Infotech Services operates one associated brand: AIR Infotech. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers a web-based system for court management and an online database for case tracking.airinfotech.in

Business Activity of Air Infotech Services Private Limited

The main business activity of Air Infotech Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Air Infotech Services Private Limited FY 2024 filings available

Air Infotech Services Private Limited reported revenue of ₹2.05 Cr (down 83% YoY) for FY 2023.

Revenue · FY 2023
₹2.05 Cr ▼ 83%
Net profit · FY 2023
₹28.64 Lakh margin 14%
EBITDA · FY 2023
₹29.06 Lakh margin 14.2%

Compounded Annual Growth Rate (CAGR) of Air Infotech Services Private Limited

Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 37%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 71%
5 years · compounded
▲ 23%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 83% fall in the latest year. EBITDA rose 80% 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 Air Infotech Services Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹29.06 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹28.64 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 Air Infotech Services Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin14.2%••••••••••••••••
Net Profit Margin14%••••••••••••••••
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 Air Infotech Services are in the company report.

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Board of Directors of Air Infotech Services Private Limited

Air Infotech Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sagar Prasanna ChitaleyDirector22 May 20242 Years 4 MonthsCurrent
Adwait Ashutosh ChitaleyDirector05 Jun 201412 Years 4 MonthsCurrent
Aditya Virendra VaidyaDirector05 Jun 201412 Years 4 MonthsCurrent
Mandar Ashok ChitaleyDirector22 May 20242 Years 4 MonthsCurrent

Peer Comparison of Air Infotech Services Private Limited

Air Infotech Services Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Publishing and Media Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Daily Thanthi Private Limited₹2.13 Cr (FY 2025)••••••••165.0%••••Chennai, Tamil Nadu, India
Kiyoshi Entertainment Private Limited₹2.13 Cr (FY 2025)••••••••113.0%••••Mumbai, Maharashtra, India
Parsiana Publications Pvt Ltd₹2.13 Cr (FY 2024)••••••••12.0%••••Mumbai, Maharashtra, India
Sanmarg Hindi Danik Private Limited₹2.1 Cr (FY 2025)••••••••0.0%••••Varanasi, Uttar Pradesh, India
High Giraffe Media Private Limited₹2.08 Cr (FY 2025)••••••••214.0%••••Delhi, India
Air Infotech Services Private Limited this company₹2.05 Cr (FY 2023)••••••••-83.0%••••Nagpur, Maharashtra, India
RK Vision Media Private Limited₹2.03 Cr (FY 2024)••••••••-36.0%••••Delhi, India
Lens and Graphic (India) Private Limited₹2.02 Cr (FY 2025)••••••••17.0%••••Delhi, India
Eternal Corporate Media Private Limited₹2.01 Cr (FY 2025)••••••••160.0%••••Mumbai, Maharashtra, India
Rajhauns Sankalpana Private Limited₹2 Cr (FY 2025)••••••••24.0%••••Panaji, Goa, India
Ravi Printers and Publishers Pvt Ltd₹1.99 Cr (FY 2023)••••••••-3.0%••••Kerala, India

Peers are the five companies nearest above and the five nearest below Air Infotech Services by revenue in the Media and Publishing industry (Publishing and Media Distribution), 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 Air Infotech Services Private Limited

Air Infotech Services Private Limited is audited by S S ANIGOL & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
S S ANIGOL & COLockedLockedLocked
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Ownership and Shareholding of Air Infotech Services Private Limited

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Charges & Borrowings of Air Infotech Services Private Limited

Air Infotech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Air Infotech Services Private Limited

Employment history and EPFO contributions of people linked to Air Infotech Services.

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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Air Infotech Services Private Limited

Air Infotech Services Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Mandar Ashok Chitaley was appointed as Director on 22 May 2024.

AGM
Air Infotech Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Mandar Ashok Chitaley was appointed as Director.
Appointed
Sagar Prasanna Chitaley was appointed as Director.
Filing
Air Infotech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur.
Ceased
Ashutosh Widyadhar Chitaley ceased to be Director.
Ceased
Prasanna Vishwanath Chitaley ceased to be Director.
Ceased
Sumant Widyadhar Chitaley ceased to be Director.
Appointed
Aditya Virendra Vaidya was appointed as Director.
Appointed
Adwait Ashutosh Chitaley was appointed as Director.
Incorporation
15 Mar 2012
Air Infotech Services Private Limited was registered on 15 Mar 2012 with Roc Nagpur & aged 14 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Air Infotech Services Private Limited

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MSME Payment Delays by Air Infotech Services Private Limited

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Subsidiaries & Group Companies of Air Infotech Services Private Limited

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GST Compliance of Air Infotech Services Private Limited

Air Infotech Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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MCA Filings & Documents of Air Infotech Services Private Limited

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Frequently Asked Questions about Air Infotech Services Private Limited

Air Infotech Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 March 2012 (14+ years old) and is registered under CIN U72300MH2012PTC228234.

Air Infotech Services reported revenue of ₹2.05 Cr for FY 2023 (down 83% YoY).

Air Infotech Services has 4 current directors:

Air Infotech Services reported a net profit of ₹28.64 Lakh (net margin 14%) and EBITDA of ₹29.06 Lakh (EBITDA margin 14.2%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Air Infotech Services is -37% over three years and -23% over five years. In the latest year (FY 2023) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.

No. Air Infotech Services has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Air Infotech Services is U72300MH2012PTC228234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Air Infotech Services has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.

Air Infotech Services was incorporated on 15 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Nagpur.

The peers of Air Infotech Services by revenue are Daily Thanthi Private Limited, Kiyoshi Entertainment Private Limited, Parsiana Publications Pvt Ltd, Sanmarg Hindi Danik Private Limited, High Giraffe Media Private Limited and 5 more, all in the Media and Publishing industry (Publishing and Media Distribution).

Mandar Ashok Chitaley was appointed as Director on 22 May 2024. Sagar Prasanna Chitaley was appointed as Director on 22 May 2024. Ashutosh Widyadhar Chitaley ceased to be Director on 15 Jun 2014. Air Infotech Services has 7 board changes on record in total.

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