About Applied Materials India Private Limited
Data last updated:
Applied Materials India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Applied Materials, Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2003FTC032243. Its GSTIN is 29AAECA2635C1Z1 (Karnataka). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors including Avinash Avula (Managing Director) and Suraj Rengarajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 5 3rd Floor Explorer Block International Technology Park, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,708.82 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹273.44 Cr (net margin 10.1%) and EBITDA of ₹512.68 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 21% over five years.
The company has about 2,884 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Applied Materials. Court records list 24 cases involving the company, including 12 filed by the company and 12 filed against it; 15 cases are 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 appliedmaterials.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit 5 3rd Floor Explorer Block International Technology Park, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions, Semiconductor Products & 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 Applied Materials India Private Limited
The main business activity of Applied Materials India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Applied Materials India Private Limited FY 2025 filings available
Applied Materials India Private Limited reported revenue of ₹2,708.82 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Applied Materials India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 12% growth in the latest year. EBITDA rose 14% 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 Applied Materials 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 | ₹512.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹273.44 Cr | •••• | •••• | •••• | •••• |
| 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 Applied Materials India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 Applied Materials India are in the company report.
Financial statements from 2015
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 Applied Materials India Private Limited
Applied Materials India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shezar Web Technologies Private Limited | ₹3,168.83 Cr (FY 2025) | •••• | •••• | 731.0% | •••• | Mumbai, Maharashtra, India |
| RSB Industries Private Limited | ₹3,094.28 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Jamshedpur, Jharkhand, India |
| Bny Mellon Technology Private Limited | ₹2,981.35 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Fiserv India Private Limited | ₹2,911.49 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Target Corporation India Private Limited | ₹2,791.3 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Applied Materials India Private Limited this company | ₹2,708.82 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Globallogic India Private Limited | ₹2,518.03 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Anz Operations and Technology Private Limited | ₹2,431.07 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| BTPL Distribution Private Limited | ₹2,410.65 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Vasai, Maharashtra, India |
| Emc Software and Services India Private Limited | ₹2,400.9 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Netapp India Private Limited | ₹2,132.24 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Applied Materials India by revenue in the Information Technology industry (Application Development), 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 Applied Materials India Private Limited
Applied Materials India Private Limited is audited by B S R & CO.LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & CO.LLP | 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 Applied Materials India Private Limited
Applied Materials India has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samuel K Lee | Director | 12 Nov 2019 | 6 Years 11 Months | Current |
| Dwarakanath Also directs: Valaya R&D India Private Limited | Director | 10 Jan 2005 | 21 Years 9 Months | Current |
| Suraj Rengarajan Also directs: Valaya R&D India Private Limited | Whole-Time Director | 20 Aug 2024 | 2 Years 1 Months | Current |
| Avinash Avula | Managing Director | 06 Dec 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Applied Materials India 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 Applied Materials India Private Limited
Applied Materials India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Applied Materials India Private Limited
Applied Materials India Private Limited has 24 court cases on record: 12 filed by Applied Materials India, 12 filed against it. 15 cases are pending and 9 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 10 | 14 |
| Supreme Court | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Revision petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax -1 | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by PR. Commissioner of Income Tax | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by PRL. Commissioner of Income Tax | Pending |
| High Court of Karnataka | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax Circle 1(1) (1) | Pending |
Full case history
All 24 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Applied Materials India Private Limited
Applied Materials India Private Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 2,944 overdue payments to 166 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 166)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Engineered Customised Control Panel Solutions and Systems Private Limited | •••• | •••• | •••• |
| Team D Engineering Private Limited | •••• | •••• | •••• |
| Auto CNC Machining Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Applied Materials India Private Limited
Applied Materials India operates one associated brand: Applied Materials. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Materials engineering solutions are supplied for semiconductor and electronics industries. | appliedmaterials.com |
Employees and EPFO Compliance at Applied Materials India Private Limited
Applied Materials India Private Limited has a workforce of 2,884 employees as of Mar 31, 2024.
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.
CIN History of Applied Materials India Private Limited
Applied Materials India has one previous CIN (Corporate Identification Number): U74140KA2003PTC032243. The current CIN is U74140KA2003FTC032243, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140KA2003FTC032243 | Current |
| U74140KA2003PTC032243 | Previous |
Recent Activity on Applied Materials India Private Limited
Applied Materials India Private Limited has 16 board changes on record since 2005: 4 appointments and 12 cessations. The latest: Avinash Avula was appointed as Managing Director on 06 Dec 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Applied Materials India 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.
Subsidiaries & Group Companies of Applied Materials India 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 Applied Materials India Private Limited
Applied Materials India has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA2635C1Z1 | Karnataka | Active | 01 Jul 2017 |
| 27AAECA2635C1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 33AAECA2635C1ZC | Tamil Nadu | Active | 01 Jul 2017 |
| 09AAECA2635C3Z1 | Uttar Pradesh | Active | 16 Jul 2017 |
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 Applied Materials India 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.
Related news about Applied Materials India Private Limited
Frequently Asked Questions about Applied Materials India Private Limited
Applied Materials India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 July 2003 (23+ years old) and is registered under CIN U74140KA2003FTC032243.
Applied Materials India reported revenue of ₹2,708.82 Cr for FY 2025 (up 12% YoY).
Applied Materials India has 4 current directors:
- Avinash Avula - Managing Director
- Suraj Rengarajan - Whole-Time Director
- Samuel K Lee - Director
- Dwarakanath - Director
Applied Materials India reported a net profit of ₹273.44 Cr (net margin 10.1%) and EBITDA of ₹512.68 Cr (EBITDA margin 18.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Applied Materials India is 21% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Applied Materials India is 29AAECA2635C1Z1, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAECA2635C1Z5 (Maharashtra), 33AAECA2635C1ZC (Tamil Nadu), 09AAECA2635C3Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Applied Materials India is U74140KA2003FTC032243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Applied Materials India has 24 court cases on record: 12 filed by the company and 12 filed against it. 15 are pending. Most are in the high courts.
Applied Materials India was incorporated on 11 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Applied Materials India by revenue are Shezar Web Technologies Private Limited, RSB Industries Private Limited, Bny Mellon Technology Private Limited, Fiserv India Private Limited, Target Corporation India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Avinash Avula was appointed as Managing Director on 06 Dec 2024. Avinash Avula ceased to be Additional Director on 06 Dec 2024. Suraj Rengarajan ceased to be Additional Director on 25 Sep 2024. Applied Materials India has 16 board changes on record in total.
Applied Materials India has 14 MSME Form 1 returns on record between 2018 and 2024, listing 2,944 overdue payments to 166 micro and small suppliers. The latest return was filed on 27 Apr 2024.