MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0068567
Az Research Partners Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.85 Cr
▼ 28% YoY
Net loss · FY 2025
₹20.7 Lakh
Net margin -7.3%
EBITDA · FY 2025
-₹4.03 Lakh
EBITDA margin -1.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings
About Az Research Partners Private Limited
Data last updated:
Az Research Partners Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2010PTC052645. Its GSTIN is 29AAICA2748Q1ZY (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Shubhra Misra (Managing Director) and Prabhakaran Pillai.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.85 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹20.7 Lakh (net margin -7.3%) and EBITDA of -₹4.03 Lakh (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 14% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AZ Research. Court records list 1 case involving the company, including 1 filed against it.
Az Research Partners Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068567). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azresearch.in.
Company details
CIN U93000KA2010PTC052645
Registration Number 052645
Incorporation Date 23 February 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0068567
Recognitions & Rankings of Az Research Partners
Contact details
Az Research Partners Private Limited's registered office is in Bangalore, Karnataka. Its website is azresearch.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 6 Sterling Villa Grande, Seegahalli – Hoskote Road Whitefield, Bangalore, Karnataka, India – 560066
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Az Research Partners Private Limited, buy the company report.
Comprehensive company report
Az Research Partners 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Az Research Partners operates one associated brand: AZ Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers quantitative, qualitative, and expert research services to various organizations. | azresearch.in |
Business activity
The main business activity of Az Research Partners is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Az Research Partners Private Limited, buy the company report.
Financials of Az Research Partners Private Limited
FY 2025 filings availableAz Research Partners Private Limited reported revenue of ₹2.85 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹2.85 Cr ▼ 28%
Net loss · FY 2025
₹20.7 Lakh margin -7.3%
EBITDA · FY 2025
-₹4.03 Lakh margin -1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 11%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 459%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 28% fall in the latest year. EBITDA fell 459% 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 | -₹4.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -7.3% | ||||
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To see the full financial statements and ratios of Az Research Partners Private Limited, buy the company report.
Board of directors of Az Research Partners Private Limited
Az Research Partners has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhra Misra Also directs: Careforcom Advisory LLP, Zentre Advisors LLP, Sentipede Technologies Private Limited and 1 more | Managing Director | 23 Feb 2010 | 16 Years 8 Months | Current |
| Prabhakaran Pillai | Director | 20 May 2024 | 2 Years 5 Months | Current |
Auditor
Az Research Partners Private Limited is audited by VEERABUDRAN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEERABUDRAN & ASSOCIATES | FY 2021 | 011842S |
Shareholding
The shareholding of Az Research Partners Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Az Research Partners Private Limited, buy the company report.
Legal cases
Az Research Partners Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Municipal Corporation P/N Ward, Mumbai | Disposed |
To see the full case history of Az Research Partners 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
No delayed payments to MSME suppliers are on our record for Az Research Partners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Az Research Partners Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Az Research Partners Private Limited, buy the company report.
GST
Az Research Partners has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA2748Q1ZY | Karnataka | Active | 01 Jul 2017 |
| 36AAICA2748Q1Z3 | Telangana | Active | 01 Jul 2017 |
| 19AAICA2748Q1ZZ | West Bengal | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Az Research Partners Private Limited, buy the company report.
Recent activity
Az Research Partners Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Manishi Sanwal ceased to be Director on 01 Jun 2024.
AGM
Az Research Partners Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Az Research Partners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Manishi Sanwal ceased to be Director.
Appointed
Prabhakaran Pillai was appointed as Director.
Ceased
Shubhra Misra ceased to be Director.
Ceased
Sujay Misra ceased to be Director.
Appointed
Shubhra Misra was appointed as Managing Director.
Incorporation
23 Feb 2010
Az Research Partners Private Limited was registered on 23 Feb 2010 with Roc Bangalore & aged 16 years 8 months as per MCA records.
Frequently asked questions
Az Research Partners is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 February 2010 (16+ years old) and is registered under CIN U93000KA2010PTC052645.
Az Research Partners has 2 current directors:
- Shubhra Misra - Managing Director
- Prabhakaran Pillai - Director
The latest financial statements of Az Research Partners 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 Az Research Partners is 29AAICA2748Q1ZY, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAICA2748Q1Z3 (Telangana), 19AAICA2748Q1ZZ (West Bengal).
The CIN (Corporate Identification Number) of Az Research Partners is U93000KA2010PTC052645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Az Research Partners has 1 court case on record: 1 filed against it.
Az Research Partners was incorporated on 23 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Manishi Sanwal ceased to be Director on 01 Jun 2024. Prabhakaran Pillai was appointed as Director on 20 May 2024. Shubhra Misra ceased to be Director on 01 Jun 2020. Az Research Partners has 5 board changes on record in total.
Yes, Az Research Partners is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0068567).
Az Research Partners can be reached through the website azresearch.in. Its registered office is in Bangalore, Karnataka, India.
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