Avantari Technologies Private Limited

Avantari Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U62099TG2014PTC092939 Incorporated 13 February 2014 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹43.56 Lakh
▲ 430% YoY
Net profit · FY 2024
₹2.14 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹3.57 Lakh
EBITDA margin 8.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.09 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
12
Provident fund records
Directors on board
2
As per MCA filings

About Avantari Technologies Private Limited

Data last updated:

Avantari Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U62099TG2014PTC092939. Its GSTIN is 36AAMCA4465A2ZT (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.09 Lakh. It was formerly known as Avantari Medical Technologies Private Limited. It is led by directors Bhairav Shankar and Premdutta Shankar.

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 Plot No – 185 Road No – 76 Jubilee Hills, Hyderabad, Telangana, India – 500033.

As per the financials filed for FY 2024, the company reported a revenue of ₹43.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.14 Lakh (net margin 4.9%) and EBITDA of ₹3.57 Lakh (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 42% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Avantari and Dhyana. Court records list 4 cases involving the company, including 4 filed against it.

Avantari Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0027233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avantari.org.

Company details

CIN U62099TG2014PTC092939
Registration Number 092939
Incorporation Date 13 February 2014
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0027233

CIN history

Avantari Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62099TG2014PTC092939, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62099TG2014PTC092939Current
U85100TG2014PTC092939Previous
U85100AP2014PTC092939Previous

Recognitions & Rankings of Avantari Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0027233

Contact details

Avantari Technologies Private Limited's registered office is in Hyderabad, Telangana.

  • Social Media
  • Registered Address
    Plot No – 185 Road No – 76 Jubilee Hills, Hyderabad, Telangana, India – 500033
  • Industry
    Information Technology, IT Consulting & Support Services
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Avantari Technologies Private Limited - one report that includes everything
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Brands

Avantari Technologies operates two associated brands: Avantari and Dhyana. Each brand links to its own profile.

BrandDescriptionWebsite
Develops wearable devices for monitoring health and meditation.avantari.org
Delivers a wearable device for tracking meditation and mindfulness practices.smartdhyana.com

Business activity

The main business activity of Avantari Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Avantari Technologies Private Limited

FY 2024 filings available

Avantari Technologies Private Limited reported revenue of ₹43.56 Lakh (up 430% YoY) for FY 2024.

Revenue · FY 2024
₹43.56 Lakh ▲ 430%
Net profit · FY 2024
₹2.14 Lakh margin 4.9%
EBITDA · FY 2024
₹3.57 Lakh margin 8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 430%
3 years · compounded
▼ 23%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▲ 145%
3 years · compounded
▼ 47%
5 years · compounded
▼ 49%

Revenue rose 430% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 42%. EBITDA rose 145% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.14 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.2%
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 Avantari Technologies Private Limited, buy the company report.

Board of directors of Avantari Technologies Private Limited

Avantari Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhairav ShankarDirector13 Feb 201412 Years 8 MonthsCurrent
Premdutta ShankarDirector06 Dec 20232 Years 10 MonthsCurrent

Peer comparison

Avantari Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Calibre Technovations Private Limited₹43.59 Lakh (FY 2024)-24.0%Mumbai, Maharashtra, India
Personifier Media Private Limited₹43.57 Lakh (FY 2025)57.0%Delhi, India
Axiology Valuetech Private Limited₹43.57 Lakh (FY 2025)17327.0%New Delhi, Delhi, India
Avantari Technologies Private Limitedthis company₹43.56 Lakh (FY 2024)₹2.14 Lakh4.9%430.0%Hyderabad, Telangana, India
Avid Information Search and Documents Private Limited₹43.55 Lakh (FY 2025)17.0%Bangalore, Karnataka, India
Scorp Global Consultancy Private Limited₹43.54 Lakh (FY 2025)384.0%New Delhi, Delhi, India
Ky Technologies and Training Services Private Limited₹43.52 Lakh (FY 2023)966.0%Tiruvallur, Tamil Nadu, India

To see the full peer comparison of Avantari Technologies Private Limited, buy the company report.

MSME payment delays

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

GST

Avantari Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AAMCA4465A2ZTTelanganaActive01 Jul 2017

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

Recent activity

Avantari Technologies Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Premdutta Shankar ceased to be Additional Director on 29 Sep 2024.

AGM
Avantari Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Premdutta Shankar ceased to be Additional Director.
Filing
Avantari Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Shankar Mani ceased to be Director.
Appointed
Premdutta Shankar was appointed as Director.
Ceased
Khalil Ahmed Shaikh ceased to be Director.
Appointed
Bhairav Shankar was appointed as Director.
Incorporation
13 Feb 2014
Avantari Technologies Private Limited was registered on 13 Feb 2014 with Roc Hyderabad & aged 12 years 8 months as per MCA records.

Frequently asked questions

Avantari Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U62099TG2014PTC092939.

Avantari Technologies has 2 current directors:

The latest financial statements of Avantari Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Avantari Technologies is 36AAMCA4465A2ZT, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Avantari Technologies is U62099TG2014PTC092939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avantari Technologies has 4 court cases on record: 4 filed against it.

Avantari Technologies was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Avantari Technologies by revenue are Calibre Technovations Private Limited, Personifier Media Private Limited, Axiology Valuetech Private Limited, Avid Information Search and Documents Private Limited, Scorp Global Consultancy Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).

Premdutta Shankar ceased to be Additional Director on 29 Sep 2024. Shankar Mani ceased to be Director on 08 Dec 2023. Premdutta Shankar was appointed as Director on 06 Dec 2023. Avantari Technologies has 5 board changes on record in total.

Yes, Avantari Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0027233).

Avantari Technologies can be reached through the website avantari.org. Its registered office is in Hyderabad, Telangana, India.