MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0082408
Azucane Business Solutions Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹2.33 Cr
▲ 123% YoY
Net profit · FY 2019
₹58.26 Lakh
Net margin 25%
EBITDA · FY 2019
₹60.96 Lakh
EBITDA margin 26.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
5
Provident fund records
Directors on board
2
As per MCA filings
About Azucane Business Solutions Private Limited
Data last updated:
Azucane Business Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC289856. Its GSTIN is 27AAPCA2668E1ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Hemant Shashikant Pawar (Whole-Time Director) and Dhiraj Pawar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.33 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹58.26 Lakh (net margin 25%) and EBITDA of ₹60.96 Lakh (EBITDA margin 26.1%).
The company has about 5 employees on its provident fund (EPFO) records.
Azucane Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0082408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azucane.com.
Company details
CIN U72900MH2017PTC289856
Registration Number 289856
Incorporation Date 23 January 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0082408
Recognitions & Rankings of Azucane Business Solutions
Contact details
Azucane Business Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is azucane.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat – 203 Building – B/1 Florence – Neples Chs Ltd. Puranik City Kasarvadavli Ghodbunder Roa, D, Thane, Maharashtra, India – 400607
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Azucane Business Solutions Private Limited, buy the company report.
Comprehensive company report
Azucane Business Solutions 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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Business activity
The main business activity of Azucane Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Azucane Business Solutions Private Limited, buy the company report.
Financials of Azucane Business Solutions Private Limited
FY 2019 filings availableAzucane Business Solutions Private Limited reported revenue of ₹2.33 Cr (up 123% YoY) for FY 2019.
Revenue · FY 2019
₹2.33 Cr ▲ 123%
Net profit · FY 2019
₹58.26 Lakh margin 25%
EBITDA · FY 2019
₹60.96 Lakh margin 26.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 123%
EBITDA CAGR growth
1 year
▲ 131%
Revenue rose 123% in the latest year. EBITDA rose 131% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.33 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹60.96 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹58.26 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 26.1% | ||
| Net Profit Margin | 25% | ||
| 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 Azucane Business Solutions Private Limited, buy the company report.
Board of directors of Azucane Business Solutions Private Limited
Azucane Business Solutions 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 |
|---|---|---|---|---|
| Hemant Shashikant Pawar Also directs: Whitebottle Foods and Hospitality Private Limited | Whole-Time Director | 23 Jan 2017 | 9 Years 9 Months | Current |
| Dhiraj Pawar | Director | 20 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Azucane Business Solutions Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infozeal Esolutions Private Limited | ₹2.34 Cr (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Aifa Labs Private Limited | ₹2.34 Cr (FY 2023) | Hyderabad, Telangana, India | ||||
| HS Process Consulting Private Limited | ₹2.33 Cr (FY 2024) | 9.0% | Hyderabad, Telangana, India | |||
| Azucane Business Solutions Private Limitedthis company | ₹2.33 Cr (FY 2019) | ₹58.26 Lakh | 25% | 123.0% | 5 | Thane, Maharashtra, India |
| Sea Sense Interdisciplinary Research and IT Solutions (OPC) Private Limited | ₹2.33 Cr (FY 2025) | 74.0% | Kanyakumari, Tamil Nadu, India | |||
| Millennium Software Productions (India) Private Limited | ₹2.33 Cr (FY 2025) | 3.0% | T Nagar Chennai, Tamil Nadu, India | |||
| Midriff Info Solution Private Limited | ₹2.33 Cr (FY 2025) | 14.0% | Chandigarh, India |
To see the full peer comparison of Azucane Business Solutions Private Limited, buy the company report.
Auditor
Azucane Business Solutions Private Limited is audited by RAHUL H JAIN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL H JAIN & CO | FY 2019 | 132203W |
Shareholding
The shareholding of Azucane Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Azucane Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Azucane Business Solutions 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 Azucane Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Azucane Business Solutions Private Limited has a workforce of 5 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-28.57%
GST
Azucane Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA2668E1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Azucane Business Solutions Private Limited, buy the company report.
Recent activity
Azucane Business Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Abhijeet Manikrao Mohite ceased to be Whole-Time Director on 20 Sep 2019.
AGM
Azucane Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Abhijeet Manikrao Mohite ceased to be Whole-Time Director.
Appointed
Dhiraj Pawar was appointed as Director.
Filing
Azucane Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai Ii.
Appointed
Hemant Shashikant Pawar was appointed as Whole-Time Director.
Incorporation
23 Jan 2017
Azucane Business Solutions Private Limited was registered on 23 Jan 2017 with Roc Mumbai Ii & aged 9 years 9 months as per MCA records.
Frequently asked questions
Azucane Business Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 January 2017 (9+ years old) and is registered under CIN U72900MH2017PTC289856.
Azucane Business Solutions has 2 current directors:
- Hemant Shashikant Pawar - Whole-Time Director
- Dhiraj Pawar - Director
The latest financial statements of Azucane Business Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Azucane Business Solutions is 27AAPCA2668E1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Azucane Business Solutions is U72900MH2017PTC289856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azucane Business Solutions was incorporated on 23 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Azucane Business Solutions by revenue are Infozeal Esolutions Private Limited, Aifa Labs Private Limited, HS Process Consulting Private Limited, Sea Sense Interdisciplinary Research and IT Solutions (OPC) Private Limited, Millennium Software Productions (India) Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Abhijeet Manikrao Mohite ceased to be Whole-Time Director on 20 Sep 2019. Dhiraj Pawar was appointed as Director on 20 Sep 2019. Hemant Shashikant Pawar was appointed as Whole-Time Director on 23 Jan 2017.
Yes, Azucane Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0082408).
Azucane Business Solutions can be reached through the website azucane.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Azucane Business Solutions is at Flat – 203 Building – B1 Florence – Neples Chs Ltd. Puranik City Kasarvadavli Ghodbunder Roa, D, Thane, Maharashtra, India – 400607.
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