Airrchip Communications Private Limited

Airrchip Communications Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300MH2015PTC265286 Incorporated 08 June 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2023
₹78.3 Lakh
▲ 46% YoY
Net profit · FY 2023
₹3.8 Lakh
Net margin 4.9%
EBITDA · FY 2023
₹5.53 Lakh
EBITDA margin 7.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Airrchip Communications Private Limited

Data last updated:

Airrchip Communications Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC265286. Its GSTIN is 27AABCW6623M1ZX (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Waltado Technologies Private Limited. It is led by directors Jay Ranjeet Bhatt and Deepti Ranjeet Bhatt.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 02 Sai Dutta Niwas Near Dingeshwar Talao Charkop Village Kandivali West, Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2023, the company reported a revenue of ₹78.3 Lakh, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹3.8 Lakh (net margin 4.9%) and EBITDA of ₹5.53 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 64% over five years.

The company is associated with 2 brands: Airrchip Communications and AddBank.

Airrchip Communications Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0157796). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website airrchip.com.

Company details

CIN U72300MH2015PTC265286
Registration Number 265286
Incorporation Date 08 June 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0157796

Name history

Airrchip Communications has undergone 2 name changes throughout its history. The company was previously known as Airrchip Communications Private Limited, and Waltado Technologies Private Limited. The current legal name is Airrchip Communications Private Limited.

Company NameStatus
Airrchip Communications Private LimitedCurrent
Waltado Technologies Private LimitedPrevious

Recognitions & Rankings of Airrchip Communications

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0157796

Contact details

Airrchip Communications Private Limited's registered office is in Mumbai, Maharashtra. Its website is airrchip.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    02 Sai Dutta Niwas Near Dingeshwar Talao Charkop Village Kandivali West, Mumbai, Maharashtra, India – 400067
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Airrchip Communications Private Limited, buy the company report.

Comprehensive company report
Airrchip Communications Private Limited - one report that includes everything
  • 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
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Brands

Airrchip Communications operates two associated brands: Airrchip Communications and AddBank. Each brand links to its own profile.

BrandDescriptionWebsite
Provides fintech as a service stack for scalable financial technology solutions.airrchip.com
A cloud-based, AI-driven platform for personalized banking experiences.addbank.io

Business activity

The main business activity of Airrchip Communications is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Airrchip Communications Private Limited, buy the company report.

Financials of Airrchip Communications Private Limited

FY 2023 filings available

Airrchip Communications Private Limited reported revenue of ₹78.3 Lakh (up 46% YoY) for FY 2023.

Revenue · FY 2023
₹78.3 Lakh ▲ 46%
Net profit · FY 2023
₹3.8 Lakh margin 4.9%
EBITDA · FY 2023
₹5.53 Lakh margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 32%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 16%
5 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 46% growth in the latest year. EBITDA fell 47% 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

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₹5.53 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.8 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.1%
Net Profit Margin4.9%
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 Airrchip Communications Private Limited, buy the company report.

Board of directors of Airrchip Communications Private Limited

Airrchip Communications has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jay Ranjeet BhattDirector08 Jun 201511 Years 4 MonthsCurrent
Deepti Ranjeet BhattDirector08 Jun 201511 Years 4 MonthsCurrent

Auditor

Airrchip Communications Private Limited is audited by L P YADAV & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
L P YADAV & COFY 2022155809W

Shareholding

The shareholding of Airrchip Communications Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Airrchip Communications Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Airrchip Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Airrchip Communications has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCW6623M1ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Airrchip Communications Private Limited, buy the company report.

Recent activity

Airrchip Communications Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Deepti Ranjeet Bhatt was appointed as Director on 08 Jun 2015.

AGM
Airrchip Communications Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Airrchip Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Appointed
Deepti Ranjeet Bhatt was appointed as Director.
Appointed
Jay Ranjeet Bhatt was appointed as Director.
Incorporation
08 Jun 2015
Airrchip Communications Private Limited was registered on 08 Jun 2015 with Roc Mumbai I & aged 11 years 4 months as per MCA records.

Frequently asked questions

Airrchip Communications is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 2015 (11+ years old) and is registered under CIN U72300MH2015PTC265286.

Airrchip Communications has 2 current directors:

The latest financial statements of Airrchip Communications on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Airrchip Communications is 27AABCW6623M1ZX, registered in Maharashtra.

The CIN (Corporate Identification Number) of Airrchip Communications is U72300MH2015PTC265286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Airrchip Communications was incorporated on 08 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Deepti Ranjeet Bhatt was appointed as Director on 08 Jun 2015. Jay Ranjeet Bhatt was appointed as Director on 08 Jun 2015.

Yes, Airrchip Communications is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0157796).

Airrchip Communications can be reached through the website airrchip.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Airrchip Communications is at 02 Sai Dutta Niwas Near Dingeshwar Talao Charkop Village Kandivali West, Mumbai, Maharashtra, India – 400067.