Startup India Government of India
Akshay Tech Solutions Private Limited - information technology in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹9.5 Lakh
▲ 3% YoY
Net loss · FY 2023
₹17,149
Net margin -1.8%
EBITDA · FY 2023
-₹17,149
EBITDA margin -1.8%
Authorised capital
₹10,000
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Akshay Tech Solutions Private Limited
Data last updated:
Akshay Tech Solutions Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 20 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2017PTC048627. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Radhakrishnan Balakrishnannair and Smitha.
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 Tc 4/1815 – 1 Opp Tcc Kowdiar P O, Thiruvananthapuram, Kerala, India – 695003.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.5 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹17,149 (net margin -1.8%) and EBITDA of -₹17,149 (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 35% over five years.
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 akshaybuilders.com.
Company details
CIN U72900KL2017PTC048627
Registration Number 048627
Incorporation Date 20 March 2017
ROC Ernakulam
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
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Akshay Tech Solutions
Contact details
Akshay Tech Solutions Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is akshaybuilders.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressTc 4/1815 – 1 Opp Tcc Kowdiar P O, Thiruvananthapuram, Kerala, India – 695003
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Akshay Tech Solutions Private Limited, buy the company report.
Comprehensive company report
Akshay Tech Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Akshay Tech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Akshay Tech Solutions Private Limited, buy the company report.
Financials of Akshay Tech Solutions Private Limited
FY 2023 filings availableAkshay Tech Solutions Private Limited reported revenue of ₹9.5 Lakh (up 3% YoY) for FY 2023.
Revenue · FY 2023
₹9.5 Lakh ▲ 3%
Net loss · FY 2023
₹17,149 margin -1.8%
EBITDA · FY 2023
-₹17,149 margin -1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 28%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▼ 33%
5 years · compounded
▲ 26%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹17,149 | ||||
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| Net Profit (PAT) | -₹17,149 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akshay Tech Solutions Private Limited, buy the company report.
Board of directors of Akshay Tech Solutions Private Limited
Akshay Tech Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishnan Balakrishnannair Also directs: Sreeakshay Builders Private Limited | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Smitha Also directs: Sreeakshay Builders Private Limited | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Akshay Tech Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Technopedia Solutions Private Limited | ₹9.51 Lakh (FY 2025) | -5.0% | Bathinda, Punjab, India | |||
| Saral Erp Solutions Private Limited | ₹9.51 Lakh (FY 2025) | -35.0% | Meerut, Uttar Pradesh, India | |||
| Advent Info Services Private Limited | ₹9.51 Lakh (FY 2017) | -7.0% | New Delhi, Delhi, India | |||
| Aarnate Technology Solutions Private Limited | ₹9.5 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Akshay Tech Solutions Private Limitedthis company | ₹9.5 Lakh (FY 2023) | -₹17,149 | -1.8% | 3.0% | Thiruvananthapuram, Kerala, India | |
| Mark Cyberhanto Private Limited | ₹9.5 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Applied Computing Private Limited | ₹9.5 Lakh (FY 2024) | -22.0% | Bangalore, Karnataka, India | |||
| Amorson Private Limited | ₹9.48 Lakh (FY 2024) | 1292.0% | Allahabad, Uttar Pradesh, India | |||
| Febmail Digital Solutions Private Limited | ₹9.48 Lakh (FY 2017) | -3.0% | Raipur, Chhattisgarh, India | |||
| Four Quadrants Ventures Private Limited | ₹9.48 Lakh (FY 2023) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Akshay Tech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshay Tech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshay Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshay Tech Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Akshay Tech Solutions Private Limited, buy the company report.
Recent activity
Akshay Tech Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Rinosh Jacob Kurian ceased to be Director on 09 Aug 2024.
Ceased
Rinosh Jacob Kurian ceased to be Director.
Appointed
Smitha was appointed as Director.
AGM
Akshay Tech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Akshay Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Appointed
Radhakrishnan Balakrishnannair was appointed as Director.
Incorporation
20 Mar 2017
Akshay Tech Solutions Private Limited was registered on 20 Mar 2017 with Roc Ernakulam & aged 9 years 7 months as per MCA records.
Frequently asked questions
Akshay Tech Solutions is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 20 March 2017 (9+ years old) and is registered under CIN U72900KL2017PTC048627.
Akshay Tech Solutions has 2 current directors:
- Radhakrishnan Balakrishnannair - Director
- Smitha - Director
The latest financial statements of Akshay Tech Solutions 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 2017 are in the company report.
No. Akshay Tech Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Akshay Tech Solutions is U72900KL2017PTC048627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshay Tech Solutions was incorporated on 20 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Akshay Tech Solutions by revenue are Technopedia Solutions Private Limited, Saral Erp Solutions Private Limited, Advent Info Services Private Limited, Aarnate Technology Solutions Private Limited, Mark Cyberhanto Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rinosh Jacob Kurian ceased to be Director on 09 Aug 2024. Smitha was appointed as Director on 01 Aug 2024. Radhakrishnan Balakrishnannair was appointed as Director on 20 Mar 2017.
Yes, Akshay Tech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Akshay Tech Solutions can be reached through the website akshaybuilders.com. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Akshay Tech Solutions is at Tc 41815 – 1 Opp Tcc Kowdiar P O, Thiruvananthapuram, Kerala, India – 695003.
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