Startup India Government of India
Aitech Innovations India Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.44 Cr
▲ 6% YoY
Net profit · FY 2025
₹35.12 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹87.25 Lakh
EBITDA margin 4.5%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹63.44 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
36
Provident fund records
Directors on board
4
As per MCA filings
About Aitech Innovations India Private Limited
Data last updated:
Aitech Innovations India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Aitech Systems Limited and recognised as a startup by DPIIT. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 03 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105301. Its GSTIN is 29AAPCA8890A1Z9 (Karnataka).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹63.44 Lakh. It is led by directors including Ashish Suhashranjan Dutta (Whole-Time Director) and Tal Opher.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.44 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹35.12 Lakh (net margin 1.8%) and EBITDA of ₹87.25 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 39% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aitech Systems.
Aitech Innovations India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054508). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aitechsystems.com.
Company Details of Aitech Innovations India Private Limited
CIN U74999KA2017PTC105301
Registration Number 105301
Incorporation Date 03 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Aitech Systems Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0054508
Recognitions & Rankings of Aitech Innovations India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0054508
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.5 Salarpuria Infinity Ground Floor Front Wing, Byrasandra Village Uttarahalli Hobli Bannerghatta Road, Bangalore, Karnataka, India – 560029
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
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Associated Brands with Aitech Innovations India Private Limited
Aitech Innovations India operates one associated brand: Aitech Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified satellite components are manufactured for aerospace industries. | aitechsystems.com |
Business Activity of Aitech Innovations India Private Limited
The main business activity of Aitech Innovations India 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Aitech Innovations India Private Limited FY 2024 filings available
Aitech Innovations India Private Limited reported revenue of ₹19.44 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹19.44 Cr ▲ 6%
Net profit · FY 2025
₹35.12 Lakh margin 1.8%
EBITDA · FY 2025
₹87.25 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR) of Aitech Innovations India Private Limited
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 12%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 11%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 6% growth in the latest year. EBITDA rose 9% 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 Aitech Innovations India 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 | ₹87.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.12 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 Aitech Innovations India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Aitech Innovations India are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Aitech Innovations India Private Limited
Aitech Innovations India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Suhashranjan Dutta | Whole-Time Director | 17 Jul 2024 | 2 Years 3 Months | Current |
| Tal Opher | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Boris Baer | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
| Yaron Mund | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
Peer Comparison of Aitech Innovations India Private Limited
Aitech Innovations India Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samtel Hal Display Systems Limited | ₹21.96 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | New Delhi, Delhi, India |
| Safran Aircraft Engines Hyderabad Private Limited | ₹21.88 Cr (FY 2021) | •••• | •••• | 72.0% | •••• | Hyderabad, Telangana, India |
| SPC DLN Engineering Systems Private Limited | ₹20.97 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Dilabs Systems Private Limited | ₹20.72 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Bgnorth, Karnataka, India |
| Kasstech Aerospace Private Limited | ₹20.65 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Gurugram, Haryana, India |
| Aitech Innovations India Private Limited this company | ₹19.44 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Spacenex Aero Private Limited | ₹19.02 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Devanahalli Bangalore, Karnataka, India |
| Naini Aerospace Limited | ₹18.86 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bengaluru, Karnataka, India |
| Johnnette Technologies Private Limited | ₹17.94 Cr (FY 2025) | •••• | •••• | 176.0% | •••• | Noida, Uttar Pradesh, India |
| Ferra Aerospace Private Limited | ₹17.35 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | Bangalore, Karnataka, India |
| Uavgarage Private Limited | ₹17 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Panvel, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aitech Innovations India by revenue in the Aviation industry (Aircraft and Components Manufacturing), 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 Aitech Innovations India Private Limited
Aitech Innovations India Private Limited is audited by SOWMYA B.S for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SOWMYA B.S | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Aitech Innovations India Private Limited
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Charges & Borrowings of Aitech Innovations India Private Limited
Aitech Innovations India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aitech Innovations India Private Limited
Aitech Innovations India Private Limited has a workforce of 36 employees as of Apr 10, 2024.
Employee count
36
Active EPFO establishments
1
Employee growth
9.09%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Aitech Innovations India Private Limited
Aitech Innovations India Private Limited has 15 board changes on record since 2018: 4 appointments and 11 cessations. The latest: Ashish Suhashranjan Dutta was appointed as Whole-Time Director on 17 Jul 2024.
AGM
Aitech Innovations India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Ashish Suhashranjan Dutta was appointed as Whole-Time Director.
Ceased
Kavitha Paramesh ceased to be Director.
Filing
Aitech Innovations India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Tal Opher ceased to be Additional Director.
Appointed
Tal Opher was appointed as Director.
Ceased
Srinivasa Murthy Chintalpati ceased to be Director.
Ceased
Boris Baer ceased to be Additional Director.
Ceased
Gil Barak ceased to be Additional Director.
Ceased
Yaron Mund ceased to be Additional Director.
Ceased
Erez Konfino ceased to be Director.
Appointed
Boris Baer was appointed as Director.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aitech Innovations India Private Limited
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MSME Payment Delays by Aitech Innovations India Private Limited
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Subsidiaries & Group Companies of Aitech Innovations India Private Limited
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GST Compliance of Aitech Innovations India Private Limited
Aitech Innovations India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA8890A1Z9 | Karnataka | Active | 31 Aug 2017 |
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MCA Filings & Documents of Aitech Innovations India Private Limited
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Related news about Aitech Innovations India Private Limited
Frequently Asked Questions about Aitech Innovations India Private Limited
Aitech Innovations India is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 03 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105301.
Aitech Innovations India reported revenue of ₹19.44 Cr for FY 2025 (up 6% YoY).
Aitech Innovations India has 4 current directors:
- Ashish Suhashranjan Dutta - Whole-Time Director
- Tal Opher - Director
- Boris Baer - Director
- Yaron Mund - Director
Aitech Innovations India reported a net profit of ₹35.12 Lakh (net margin 1.8%) and EBITDA of ₹87.25 Lakh (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aitech Innovations India is 12% over three years and 39% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aitech Innovations India is 29AAPCA8890A1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Aitech Innovations India is U74999KA2017PTC105301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aitech Innovations India was incorporated on 03 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aitech Innovations India by revenue are Samtel Hal Display Systems Limited, Safran Aircraft Engines Hyderabad Private Limited, SPC DLN Engineering Systems Private Limited, Dilabs Systems Private Limited, Kasstech Aerospace Private Limited and 5 more, all in the Aviation industry (Aircraft and Components Manufacturing).
Ashish Suhashranjan Dutta was appointed as Whole-Time Director on 17 Jul 2024. Kavitha Paramesh ceased to be Director on 06 Jun 2024. Tal Opher ceased to be Additional Director on 29 Nov 2021. Aitech Innovations India has 15 board changes on record in total.
Yes, Aitech Innovations India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).