About J M Baxi Technologies Private Limited
Data last updated:
J M Baxi Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2017PTC293737. Its GSTIN is 27AAJCP1243L1Z8 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹11 Cr. It was formerly known as Pu Maritime India Private Limited and Arya Asco Ict Marine Base Services Private Limited. It is led by directors Manish Krishna Jaiswal and Rajnish Kumar Khandelwal.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Godrej Coliseum No 801 C – Wing Behind Everard Nagar Off Somaiya Hospital Road, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.73 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Cr (net margin 9.7%) and EBITDA of ₹3.16 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 162 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 rights issue); the latest was in February 2021. Its 10 peer companies in the Outsourcing industry (Diversified BPO) are compared by revenue, 5 larger and 5 smaller; the largest is Park Intelli Solutions Private Limited with revenue of ₹21.95 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 65 overdue payments to 15 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 jmbaxi.com.
Name History of J M Baxi Technologies Private Limited
J M Baxi Technologies has undergone 2 name changes throughout its history. The company was previously known as Pu Maritime India Private Limited, and Arya Asco Ict Marine Base Services Private Limited. The current legal name is J M Baxi Technologies Private Limited.
| Company Name | Status |
|---|---|
| J M Baxi Technologies Private Limited | Current |
| Pu Maritime India Private Limited | Previous |
| Arya Asco Ict Marine Base Services Private Limited | Previous |
CIN History of J M Baxi Technologies Private Limited
J M Baxi Technologies has one previous CIN (Corporate Identification Number): U93090MH2017PTC293737. The current CIN is U72100MH2017PTC293737, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100MH2017PTC293737 | Current |
| U93090MH2017PTC293737 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGodrej Coliseum No 801 C – Wing Behind Everard Nagar Off Somaiya Hospital Road, Mumbai, Maharashtra, India – 400022
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of J M Baxi Technologies Private Limited
The main business activity of J M Baxi Technologies 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of J M Baxi Technologies Private Limited FY 2025 filings available
J M Baxi Technologies Private Limited reported revenue of ₹21.73 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of J M Baxi Technologies Private Limited
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 4% 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 J M Baxi Technologies 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 | ₹3.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.12 Cr | •••• | •••• | •••• | •••• |
| 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 J M Baxi Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.7% | •••• | •••• | •••• | •••• |
| 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 J M Baxi Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of J M Baxi Technologies Private Limited
J M Baxi Technologies has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Krishna Jaiswal | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Rajnish Kumar Khandelwal | Director | 28 Dec 2018 | 7 Years 9 Months | Current |
Peer Comparison of J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Park Intelli Solutions Private Limited | ₹21.95 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Coimbatore, Tamil Nadu, India |
| Logmein (India) Private Limited | ₹21.85 Cr (FY 2018) | •••• | •••• | 55.0% | •••• | Bengaluru, Karnataka, India |
| Aln Billing Private Limited | ₹21.84 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Mumbai, Maharashtra, India |
| Zealie India Private Limited | ₹21.82 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | New Delhi, Delhi, India |
| Support Everyone Capital Services Private Limited | ₹21.74 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Delhi, India |
| J M Baxi Technologies Private Limited this company | ₹21.73 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Aaneel Technology Solutions Private Limited | ₹21.58 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Pristine E Teleservices Private Limited | ₹21.38 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Brandee Commerce Private Limited | ₹21.27 Cr (FY 2024) | •••• | •••• | 1219.0% | •••• | Bengaluru, Karnataka, India |
| Kou - Chan Knowledge Convergence Private Limited | ₹21.24 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Bangalore, Karnataka, India |
| Wizaker Consulting Private Limited | ₹21.24 Cr (FY 2025) | •••• | •••• | 339.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below J M Baxi Technologies by revenue in the Outsourcing industry (Diversified BPO), 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 J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited is audited by Ambalal Thakkar& Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ambalal Thakkar& Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of J M Baxi Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited has 1 deal on record (1 rights issue); the latest was in February 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Rights issue | ₹10.99 Cr | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 65 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Cann Copier Services Private Limited | •••• | •••• | •••• |
| Superfleet Auto Hire Agency Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
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 J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited has a workforce of 162 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on J M Baxi Technologies Private Limited
J M Baxi Technologies Private Limited has 12 board changes on record since 2018: 3 appointments and 9 cessations. The latest: Manish Krishna Jaiswal ceased to be Additional Director on 18 Sep 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for J M Baxi Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of J M Baxi Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of J M Baxi Technologies Private Limited
J M Baxi Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP1243L1Z8 | Maharashtra | Active | 21 Oct 2021 |
| 27AAJCP1243L2Z7 | Maharashtra | Active | 01 Dec 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of J M Baxi Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about J M Baxi Technologies Private Limited
Frequently Asked Questions about J M Baxi Technologies Private Limited
J M Baxi Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 April 2017 (9+ years old) and is registered under CIN U72100MH2017PTC293737.
J M Baxi Technologies reported revenue of ₹21.73 Cr for FY 2025 (down 1% YoY).
J M Baxi Technologies has 2 current directors:
- Manish Krishna Jaiswal - Director
- Rajnish Kumar Khandelwal - Director
J M Baxi Technologies reported a net profit of ₹2.12 Cr (net margin 9.7%) and EBITDA of ₹3.16 Cr (EBITDA margin 14.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of J M Baxi Technologies is 29% over three years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of J M Baxi Technologies is 27AAJCP1243L1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAJCP1243L2Z7 (Maharashtra).
The CIN (Corporate Identification Number) of J M Baxi Technologies is U72100MH2017PTC293737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J M Baxi Technologies was incorporated on 11 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
J M Baxi Technologies has 1 deal on record (1 rights issue); the latest was in February 2021.
The peers of J M Baxi Technologies by revenue are Park Intelli Solutions Private Limited, Logmein (India) Private Limited, Aln Billing Private Limited, Zealie India Private Limited, Support Everyone Capital Services Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Manish Krishna Jaiswal ceased to be Additional Director on 18 Sep 2024. Chaturbhuj Jhanwar was appointed as Company Secretary on 01 Aug 2024. Manish Krishna Jaiswal was appointed as Director on 15 Dec 2023. J M Baxi Technologies has 12 board changes on record in total.
J M Baxi Technologies has 5 MSME Form 1 returns on record between 2022 and 2024, listing 65 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.