MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0121158
Axar Digital Services Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.65 Cr
▲ 19% YoY
Net profit · FY 2025
₹36.64 Lakh
Net margin 13.8%
EBITDA · FY 2025
₹98.96 Lakh
EBITDA margin 37.4%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3.22 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
17
Provident fund records
Directors on board
4
As per MCA filings
About Axar Digital Services Private Limited
Data last updated:
Axar Digital Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 18 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U00892PN2006PTC022357. Its GSTIN is 27AAGCA2212B1ZG (Maharashtra).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.22 Cr. It was formerly known as Axar Digital Private Limited. It is led by directors including Ajit Keshav Ranade and Nilesh Bansilal Mehta.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No.14 3rd Floor L Square Plot No 8 Survey No 187 Sanghvi Nagar Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.65 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹36.64 Lakh (net margin 13.8%) and EBITDA of ₹98.96 Lakh (EBITDA margin 37.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axar Digital.
Axar Digital Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0121158). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axardigital.com.
Company Details of Axar Digital Services Private Limited
CIN U00892PN2006PTC022357
Registration Number 022357
Incorporation Date 18 April 2006
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0121158
Key People
Ajit Keshav Ranade Director Nilesh Bansilal Mehta Director Devdutt Brihaspati Modak Director Recognitions & Rankings of Axar Digital Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No.14 3rd Floor L Square Plot No 8 Survey No 187 Sanghvi Nagar Aundh, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, Database Management & Solutions
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Associated Brands with Axar Digital Services Private Limited
Axar Digital Services operates one associated brand: Axar Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software is developed for governance and compliance in organizations. | axardigital.com |
Business Activity of Axar Digital Services Private Limited
The main business activity of Axar Digital Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Axar Digital Services Private Limited FY 2024 filings available
Axar Digital Services Private Limited reported revenue of ₹2.65 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹2.65 Cr ▲ 19%
Net profit · FY 2025
₹36.64 Lakh margin 13.8%
EBITDA · FY 2025
₹98.96 Lakh margin 37.4%
Compounded Annual Growth Rate (CAGR) of Axar Digital Services Private Limited
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 36%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 148%
5 years · compounded
▲ 78%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 19% growth in the latest year. EBITDA rose 19% 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 Axar Digital Services 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 | ₹98.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36.64 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 of Axar Digital Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.8% | •••• | •••• | •••• | •••• |
| 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 Axar Digital Services are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Axar Digital Services Private Limited
Axar Digital Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Keshav Ranade | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Nilesh Bansilal Mehta | Director | 09 May 2016 | 10 Years 5 Months | Current |
| Devdutt Brihaspati Modak | Director | 18 Apr 2006 | 20 Years 6 Months | Current |
| Savita Devdutt Modak Also directs: Ixsight Technologies Private Limited | Director | 18 Apr 2006 | 20 Years 6 Months | Current |
Peer Comparison of Axar Digital Services Private Limited
Axar Digital Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enerdatics Services Private Limited | ₹2.73 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Bangalore, Karnataka, India |
| Anecure Systems India Private Limited | ₹2.73 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Npcon BPO Private Limited | ₹2.73 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Pune, Maharashtra, India |
| Tushky Enterprises Private Limited | ₹2.72 Cr (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Dilytics Technologies Private Limited | ₹2.65 Cr (FY 2022) | •••• | •••• | 68.0% | •••• | Bangalore, Karnataka, India |
| Axar Digital Services Private Limited this company | ₹2.65 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Flexi Ventures Private Limited | ₹2.65 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Vans Scientific Information Private Limited | ₹2.65 Cr (FY 2018) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| P. G. Infometic Private Limited | ₹2.62 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Mansys Infotech (I) Private Limited | ₹2.6 Cr (FY 2023) | •••• | •••• | 15.0% | •••• | Devanahalli Town, Karnataka, India |
| Raga Sri Data Private Limited | ₹2.57 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Axar Digital Services by revenue in the Information Technology industry (Database Management), 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 Axar Digital Services Private Limited
Axar Digital Services Private Limited is audited by GOKHALE & SATHE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOKHALE & SATHE | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Axar Digital Services Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Axar Digital Services Private Limited
Axar Digital Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Axar Digital Services Private Limited
Axar Digital Services Private Limited has 5 MSME Form 1 returns on record between 2018 and 2019, listing 30 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| D G Copiers (Pune) Private Limited | •••• | •••• | •••• |
| GNR Solution Private Limited | •••• | •••• | •••• |
| Mahadik Associates Private Limited | •••• | •••• | •••• |
| 1.Makarand M.Joshi & Co. | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
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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.
Employees and EPFO Compliance at Axar Digital Services Private Limited
Axar Digital Services Private Limited has a workforce of 17 employees as of Apr 09, 2024.
Employee count
17
Active EPFO establishments
1
Employee growth
6.25%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Group Structure of Axar Digital Services Private Limited
Axar Digital Services has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Recent Activity on Axar Digital Services Private Limited
Axar Digital Services Private Limited has 8 board changes on record since 2006: 6 appointments and 2 cessations. The latest: Uma Venkataraman ceased to be Director on 30 May 2025.
Ceased
Uma Venkataraman ceased to be Director.
AGM
Axar Digital Services Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Axar Digital Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Milind Shrikant Padalkar ceased to be Director.
Appointed
Ajit Keshav Ranade was appointed as Director.
Appointed
Milind Shrikant Padalkar was appointed as Director.
Appointed
Nilesh Bansilal Mehta was appointed as Director.
Appointed
Devdutt Brihaspati Modak was appointed as Director.
Appointed
Savita Devdutt Modak was appointed as Director.
Appointed
Uma Venkataraman was appointed as Director.
Incorporation
18 Apr 2006
Axar Digital Services Private Limited was registered on 18 Apr 2006 with Roc Pune & aged 20 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Axar Digital Services Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Axar Digital Services Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Axar Digital Services Private Limited
Axar Digital Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA2212B1ZG | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Axar Digital Services Private Limited
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Frequently Asked Questions about Axar Digital Services Private Limited
Axar Digital Services is an active private limited company based in Pune, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 18 April 2006 (20+ years old) and is registered under CIN U00892PN2006PTC022357.
Axar Digital Services reported revenue of ₹2.65 Cr for FY 2025 (up 19% YoY).
Axar Digital Services has 4 current directors:
- Ajit Keshav Ranade - Director
- Nilesh Bansilal Mehta - Director
- Devdutt Brihaspati Modak - Director
- Savita Devdutt Modak - Director
Axar Digital Services reported a net profit of ₹36.64 Lakh (net margin 13.8%) and EBITDA of ₹98.96 Lakh (EBITDA margin 37.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axar Digital Services is 36% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axar Digital Services is 27AAGCA2212B1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Axar Digital Services is U00892PN2006PTC022357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axar Digital Services was incorporated on 18 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Axar Digital Services by revenue are Enerdatics Services Private Limited, Anecure Systems India Private Limited, Npcon BPO Private Limited, Tushky Enterprises Private Limited, Dilytics Technologies Private Limited and 5 more, all in the Information Technology industry (Database Management).
Uma Venkataraman ceased to be Director on 30 May 2025. Milind Shrikant Padalkar ceased to be Director on 30 Jan 2024. Ajit Keshav Ranade was appointed as Director on 02 May 2018. Axar Digital Services has 8 board changes on record in total.
Yes, Axar Digital Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0121158).
Axar Digital Services has 5 MSME Form 1 returns on record between 2018 and 2019, listing 30 overdue payments to 6 micro and small suppliers. The latest return was filed on 01 Nov 2019.