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Axlware Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.21 Cr
▲ 608% YoY
Net profit · FY 2024
₹51.5 Lakh
Net margin 23.3%
EBITDA · FY 2024
₹67.63 Lakh
EBITDA margin 30.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Axlware Technologies Private Limited
Data last updated:
Axlware Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111448. Its GSTIN is 29AAQCA6791D1Z6 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aravinthan Krishnamurthi and Ravishankar Krishnamurthy.
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.88 Borewell Road Opposite Whitefield Post Office Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹51.5 Lakh (net margin 23.3%) and EBITDA of ₹67.63 Lakh (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.
The company is associated with 1 brand: Axlware Technologies.
For more details, the company can be reached via its website axlware.com.
Company details
CIN U74999KA2018PTC111448
Registration Number 111448
Incorporation Date 21 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Axlware Technologies
Contact details
Axlware Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is axlware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.88 Borewell Road Opposite Whitefield Post Office Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Axlware Technologies Private Limited, buy the company report.
Comprehensive company report
Axlware Technologies 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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Brands
Axlware Technologies operates one associated brand: Axlware Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers ultra-high-speed, low-latency products tailored for the trading community. | axlware.com |
Business activity
The main business activity of Axlware Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Axlware Technologies Private Limited, buy the company report.
Financials of Axlware Technologies Private Limited
FY 2025 filings availableAxlware Technologies Private Limited reported revenue of ₹2.21 Cr (up 608% YoY) for FY 2024.
Revenue · FY 2024
₹2.21 Cr ▲ 608%
Net profit · FY 2024
₹51.5 Lakh margin 23.3%
EBITDA · FY 2024
₹67.63 Lakh margin 30.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 608%
3 years · compounded
▲ 114%
EBITDA CAGR growth
1 year
▲ 672%
3 years · compounded
▲ 85%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 114% over three years, including 608% growth in the latest year. EBITDA rose 672% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹67.63 Lakh | ||||
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| Net Profit (PAT) | ₹51.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 30.6% | ||||
| Net Profit Margin | 23.3% | ||||
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To see the full financial statements and ratios of Axlware Technologies Private Limited, buy the company report.
Board of directors of Axlware Technologies Private Limited
Axlware Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aravinthan Krishnamurthi Also directs: Unizen Technologies Private Limited | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
| Ravishankar Krishnamurthy Also directs: Jokrish Tech Solutions Private Limited | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Axlware Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dizitive IT Solutions Private Limited | ₹2.22 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| World View Broad Band Private Limited | ₹2.22 Cr (FY 2017) | 185.0% | Jorhat, Assam, India | |||
| Rmax Broadband Private Limited | ₹2.21 Cr (FY 2025) | 15.0% | Tiruvallur, Tamil Nadu, India | |||
| 3Dot141 Pi India Private Limited | ₹2.21 Cr (FY 2025) | 310.0% | Chennai, Tamil Nadu, India | |||
| Choudhary Diginetwork Private Limited | ₹2.21 Cr (FY 2025) | -17.0% | Delhi, India | |||
| Axlware Technologies Private Limitedthis company | ₹2.21 Cr (FY 2024) | ₹51.5 Lakh | 23.3% | 608.0% | Bangalore, Karnataka, India | |
| Connexr Solutions Private Limited | ₹2.21 Cr (FY 2024) | 240.0% | Secunderabad, Telangana, India | |||
| Integradelivers India Private Limited | ₹2.21 Cr (FY 2024) | -13.0% | Hyderabad, Telangana, India | |||
| Shyft Innovations India Private Limited | ₹2.21 Cr (FY 2023) | -38.0% | Hyderabadd, Telangana, India | |||
| Maharshi Systems Private Limited | ₹2.21 Cr (FY 2025) | 84.0% | Ellisbridge, Ahmedabad, Gujarat, India | |||
| Leadoconnect Global Solutions Private Limited | ₹2.21 Cr (FY 2025) | 26.0% | Kandivlai West, Maharashtra, India |
To see the full peer comparison of Axlware Technologies Private Limited, buy the company report.
Auditor
Axlware Technologies Private Limited is audited by VARUN S NIRMAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARUN S NIRMAL & CO | FY 2021 | 121618W |
Shareholding
The shareholding of Axlware Technologies Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Axlware Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Axlware Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axlware Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axlware Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA6791D1Z6 | Karnataka | Active | 10 Oct 2018 |
To see the full GST registrations and return filing status of Axlware Technologies Private Limited, buy the company report.
Recent activity
Axlware Technologies Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Premkumar Jothimani ceased to be Director on 23 Jun 2023.
AGM
Axlware Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Axlware Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Premkumar Jothimani ceased to be Director.
Appointed
Aravinthan Krishnamurthi was appointed as Director.
Appointed
Ravishankar Krishnamurthy was appointed as Director.
Incorporation
21 Mar 2018
Axlware Technologies Private Limited was registered on 21 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.
Frequently asked questions
Axlware Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111448.
Axlware Technologies has 2 current directors:
- Aravinthan Krishnamurthi - Director
- Ravishankar Krishnamurthy - Director
The latest financial statements of Axlware Technologies 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 FY 2018 are in the company report.
The GSTIN of Axlware Technologies is 29AAQCA6791D1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Axlware Technologies is U74999KA2018PTC111448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axlware Technologies was incorporated on 21 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Axlware Technologies by revenue are Dizitive IT Solutions Private Limited, World View Broad Band Private Limited, Rmax Broadband Private Limited, 3Dot141 Pi India Private Limited, Choudhary Diginetwork Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Premkumar Jothimani ceased to be Director on 23 Jun 2023. Aravinthan Krishnamurthi was appointed as Director on 21 Mar 2018. Ravishankar Krishnamurthy was appointed as Director on 21 Mar 2018.
Yes, Axlware Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Axlware Technologies can be reached through the website axlware.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Axlware Technologies is at No.88 Borewell Road Opposite Whitefield Post Office Whitefield, Bangalore, Karnataka, India – 560066.