Avital Software Development Private Limited

Avital Software Development Private Limited - information technology in Southgoa, Goa, India. Directors, charges & compliance details.
CIN U72900GA2020PTC014595 Incorporated 04 December 2020 ROC Goa HQ Southgoa, Goa, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹7.94 Lakh
▼ 71% YoY
Net loss · FY 2024
₹1.61 Lakh
Net margin -20.2%
EBITDA · FY 2024
-₹1.61 Lakh
EBITDA margin -20.2%
Authorised capital
₹20,000
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Avital Software Development Private Limited

Data last updated:

Avital Software Development Private Limited is a private limited company based in Southgoa, Goa, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 04 December 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U72900GA2020PTC014595.

The company has an authorised share capital of ₹20,000 and a paid-up capital of ₹20,000. It is led by directors Ida Fernandes and Valeriano Fernandes.

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 House No Flat No A – S – 2 Birla Sancoale Vasco Street No Sancoale, Southgoa, Goa, India – 403726.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.94 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh (net margin -20.2%) and EBITDA of -₹1.61 Lakh (EBITDA margin -20.2%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.

Company details

CIN U72900GA2020PTC014595
Registration Number 014595
Incorporation Date 04 December 2020
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Avital Software Development Private Limited's registered office is in Southgoa, Goa.

  • Registered Address
    House No Flat No A – S – 2 Birla Sancoale Vasco Street No Sancoale, Southgoa, Goa, India – 403726
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Avital Software Development Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Avital Software Development 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 Avital Software Development Private Limited, buy the company report.

Financials of Avital Software Development Private Limited

FY 2024 filings available

Avital Software Development Private Limited reported revenue of ₹7.94 Lakh (down 71% YoY) for FY 2024.

Revenue · FY 2024
₹7.94 Lakh ▼ 71%
Net loss · FY 2024
₹1.61 Lakh margin -20.2%
EBITDA · FY 2024
-₹1.61 Lakh margin -20.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 210%
3 years · compounded
▼ 79%

Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 71% fall in the latest year. EBITDA fell 210% 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 2020-21
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-₹1.61 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.61 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 2020-21
Profitability
EBITDA Margin-20.2%
Net Profit Margin-20.2%
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 Avital Software Development Private Limited, buy the company report.

Board of directors of Avital Software Development Private Limited

Avital Software Development has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ida FernandesDirector04 Dec 20205 Years 10 MonthsCurrent
Valeriano FernandesDirector04 Dec 20205 Years 10 MonthsCurrent

Peer comparison

Avital Software Development Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Embuzz Technologies Private Limited₹8.04 Lakh (FY 2024)206.0%Madurai, Tamil Nadu, India
Shejalesy Online Service Private Limited₹8 Lakh (FY 2017)Kaushambi, Uttar Pradesh, India
Softdreams Online Education Private Limited₹7.99 Lakh (FY 2021)299.0%Jammu, Jammu and Kashmir, India
Cartface Technologies Private Limited₹7.98 Lakh (FY 2019)-63.0%Kolkata, West Bengal, India
Tarangvid Solutions Private Limited₹7.95 Lakh (FY 2016)60.0%Surat, Gujarat, India
Avital Software Development Private Limitedthis company₹7.94 Lakh (FY 2024)-₹1.61 Lakh-20.2%-71.0%Southgoa, Goa, India
Easynet Solutions Private Limited₹7.93 Lakh (FY 2025)33.0%New Delhi, Delhi, India
Zambooree Infotech Private Limited₹7.92 Lakh (FY 2018)132.0%Noida, Uttar Pradesh, India
Juzzflip India Private Limited₹7.9 Lakh (FY 2025)-6.0%Kancheepuram, Tamil Nadu, India
Archi Technosolutions OPC Private Limited₹7.9 Lakh (FY 2021)238.0%Khorda, Odisha, India
Adnig Technologies Private Limited.₹7.86 Lakh (FY 2018)-74.0%Delhi, India

To see the full peer comparison of Avital Software Development Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Avital Software Development Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Avital Software Development Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ida Fernandes was appointed as Director on 04 Dec 2020.

AGM
Avital Software Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avital Software Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Appointed
Ida Fernandes was appointed as Director.
Appointed
Valeriano Fernandes was appointed as Director.
Incorporation
04 Dec 2020
Avital Software Development Private Limited was registered on 04 Dec 2020 with Roc Goa & aged 5 years 10 months as per MCA records.

Frequently asked questions

Avital Software Development is an active private limited company based in Southgoa, Goa, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 04 December 2020 (6+ years old) and is registered under CIN U72900GA2020PTC014595.

Avital Software Development has 2 current directors:

The latest financial statements of Avital Software Development 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 FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Avital Software Development is U72900GA2020PTC014595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avital Software Development was incorporated on 04 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Goa.

The peers of Avital Software Development by revenue are Embuzz Technologies Private Limited, Shejalesy Online Service Private Limited, Softdreams Online Education Private Limited, Cartface Technologies Private Limited, Tarangvid Solutions Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Ida Fernandes was appointed as Director on 04 Dec 2020. Valeriano Fernandes was appointed as Director on 04 Dec 2020.

The registered office of Avital Software Development is at House No Flat No A – S – 2 Birla Sancoale Vasco Street No Sancoale, Southgoa, Goa, India – 403726.

Avital Software Development operates in the information technology industry, in the other computer related activities segment.

Avital Software Development can be reached at its registered office: House No Flat No A – S – 2 Birla Sancoale Vasco Street No Sancoale, Southgoa, Goa, India – 403726.

Avital Software Development is registered under the jurisdiction of the Registrar of Companies (ROC), Goa.