Fortune MNC 500 India 2026 edition
Rank#494- Total income
- ₹184 Cr
- Profit
- ₹27 Cr
Last year #482
Avnet India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹322.87 Cr
▲ 67% YoY
Net profit · FY 2025
₹28.05 Cr
Net margin 8.7%
EBITDA · FY 2025
₹40.53 Cr
EBITDA margin 12.6%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
130
Provident fund records
Directors on board
3
As per MCA filings
About Avnet India Private Limited
Data last updated:
Avnet India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Avnet Holdings, Llc. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 24 August 1998 and has been in existence for over 28 years.
Avnet India is ranked #494 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1998PTC034391. Its GSTIN is 29AACCA0481G1ZV (Karnataka). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Anjana M Nair and Suresh Keshav Kamath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 402 4th Floor Tower B – Rmz Infinity Old Madras Road, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2025, the company reported a revenue of ₹322.87 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹28.05 Cr (net margin 8.7%) and EBITDA of ₹40.53 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 26% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avnet. Court records list 17 cases involving the company, including 16 filed by the company and 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in August 2002. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avnet.com.
Company details
CIN U31909KA1998PTC034391
Registration Number 034391
Incorporation Date 24 August 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Avnet Holdings, Llc
Compliance Status Active Compliant
CIN history
Avnet India has one previous CIN (Corporate Identification Number): U31909KA2004PTC034391. The current CIN is U31909KA1998PTC034391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909KA1998PTC034391 | Current |
| U31909KA2004PTC034391 | Previous |
Recognitions & Rankings of Avnet India
Contact details
Avnet India Private Limited's registered office is in Bangalore, Karnataka. Its website is avnet.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 402 4th Floor Tower B – Rmz Infinity Old Madras Road, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Avnet India Private Limited, buy the company report.
Comprehensive company report
Avnet India Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activities of Avnet India are information and communication and support service to organizations. In detail, this covers other information & communication service activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Avnet India Private Limited, buy the company report.
Financials of Avnet India Private Limited
FY 2025 filings availableAvnet India Private Limited reported revenue of ₹322.87 Cr (up 67% YoY) for FY 2025.
Revenue · FY 2025
₹322.87 Cr ▲ 67%
Net profit · FY 2025
₹28.05 Cr margin 8.7%
EBITDA · FY 2025
₹40.53 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 41%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 61%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 67% growth in the latest year. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.53 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹28.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 8.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avnet India Private Limited, buy the company report.
Board of directors of Avnet India Private Limited
Avnet India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjana M Nair | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
| Suresh Keshav Kamath Also directs: Priya Softweb Solutions Private Limited | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Darrel Scott Jackson Also directs: Priya Softweb Solutions Private Limited | Director | 16 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Avnet India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N / N500013 |
Shareholding
The shareholding of Avnet India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avnet India Private Limited, buy the company report.
Deals & funding
Avnet India Private Limited has 1 deal on record (1 acquisition); the latest was in August 2002.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2002 | Acquisition | ₹9.73 Cr | Buyer: Avnet Inc. Seller: Max Financial Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avnet India Private Limited has 17 court cases on record: 16 filed by Avnet India, 1 filed against it. All cases are disposed.
Total cases
17
Filed by the company
16
Filed against the company
1
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Infinit Infoserv Pvt Ltd and Ors and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Apara Enterprise Solutions Pvt. Ltd., and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Gela Tida Infotech Pvt Ltd and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Apara Enterprise Solutions Pvt Ltd and Other and 2 others | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The PR Commissioner of Income-Tax | Disposed |
To see the full case history of Avnet India Private Limited, buy the company report.
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
Avnet India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Melange Systems Private Limited | |||
| Staubli Tec Systems India Private Limited | |||
| Pierian Services Private Limited | |||
| Athena Global Logistics Private Limited |
To see the full MSME payment records of Avnet India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avnet India Private Limited has a workforce of 130 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
130
Active EPFO establishments
1
Employee growth
9.24%
GST
Avnet India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
5
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCA0481G1ZV | Karnataka | Active | 01 Jul 2017 |
| 07AACCA0481G1Z1 | Delhi | Active | 01 Jul 2017 |
| 27AACCA0481G1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 33AACCA0481G1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avnet India Private Limited, buy the company report.
Recent activity
Avnet India Private Limited has 31 board changes on record since 2005: 17 appointments and 14 cessations. The latest: Darrel Scott Jackson was appointed as Director on 16 Feb 2024.
AGM
Avnet India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avnet India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Darrel Scott Jackson was appointed as Director.
Ceased
Chang Yu Yun ceased to be Director.
Ceased
Ramani Sundaresan ceased to be Director.
Appointed
Suresh Keshav Kamath was appointed as Director.
Ceased
Harvey William Woodford ceased to be Director.
Ceased
Robin Mansing Kwok ceased to be Director.
Appointed
Anjana M Nair was appointed as Director.
Ceased
Michael Ryan Mccoy ceased to be Director.
Appointed
Harvey William Woodford was appointed as Director.
Appointed
Chang Yu Yun was appointed as Director.
22 earlier events are in the company report.
News
Frequently asked questions
Avnet India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 24 August 1998 (28+ years old) and is registered under CIN U31909KA1998PTC034391.
Avnet India has 3 current directors:
- Anjana M Nair - Director
- Suresh Keshav Kamath - Director
- Darrel Scott Jackson - Director
The latest financial statements of Avnet India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avnet India is 29AACCA0481G1ZV, registered in Karnataka. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 07AACCA0481G1Z1 (Delhi), 27AACCA0481G1ZZ (Maharashtra), 33AACCA0481G1Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Avnet India is U31909KA1998PTC034391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avnet India has 17 court cases on record: 16 filed by the company and 1 filed against it. Most are in the district courts.
Avnet India was incorporated on 24 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Avnet India has 1 deal on record (1 acquisition); the latest was in August 2002.
Darrel Scott Jackson was appointed as Director on 16 Feb 2024. Chang Yu Yun ceased to be Director on 13 Dec 2021. Ramani Sundaresan ceased to be Director on 31 Mar 2021. Avnet India has 31 board changes on record in total.
Avnet India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 4 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Avnet India can be reached through the website avnet.com. Its registered office is in Bangalore, Karnataka, India.