About Absolute Networks Private Limited
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Absolute Networks 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 20 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH1998PTC113099. Its GSTIN is 27AACCA8088R1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Deepal Jignesh Shah and Jignesh Mahendra Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.26 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 11.4%) and EBITDA of ₹4.1 Cr (EBITDA margin 23.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹4.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website absolute.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address42 Ganga Vihar 174 S.V. Road Opp. Laram Shopping Centre Andheri (Wes, T), Mumbai, Maharashtra, India – 400058
- 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 Absolute Networks Private Limited
The main business activities of Absolute Networks are trade and personal and household service. In detail, this covers wholesale trading and repair of computers and personal and household goods. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| S | Personal and Household service | S2 | Repair of computers and personal and household goods | 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 Absolute Networks Private Limited FY 2025 filings available
Absolute Networks Private Limited reported revenue of ₹17.26 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Absolute Networks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 29% growth in the latest year. EBITDA rose 108% 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 Absolute Networks 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 | ₹4.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.97 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 Absolute Networks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.4% | •••• | •••• | •••• | •••• |
| 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 Absolute Networks are in the company report.
Financial statements from 2015
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.
Peer Comparison of Absolute Networks Private Limited
Absolute Networks Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Cloud Computing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kubernesis Security Private Limited | ₹19.12 Cr (FY 2025) | •••• | •••• | 444.0% | •••• | Haryana, India |
| Stepping Cloud Consulting Private Limited | ₹19.09 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Delhi, India |
| Nuvepro Technologies Private Limited | ₹18.99 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Cybersecurity NXXT Private Limited | ₹18.47 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Coimbatore, Tamil Nadu, India |
| Teleglobal International Private Limited | ₹17.79 Cr (FY 2024) | •••• | •••• | 74.0% | •••• | Pune, Maharashtra, India |
| Absolute Networks Private Limited this company | ₹17.26 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Ibirds Software Services Private Limited | ₹16.89 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Ajmer, Rajasthan, India |
| Pingsafe India Private Limited | ₹15.77 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Bengaluru, Karnataka, India |
| Glassbeam Software India Private Limited | ₹15.71 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Bigworks Technologies Private Limited | ₹15.2 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Webspiders Interweb Private Limited | ₹15.19 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Absolute Networks by revenue in the Information Technology industry (Cloud Computing), 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 Absolute Networks Private Limited
Absolute Networks Private Limited is audited by B J SINGHANIA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B J SINGHANIA & CO | 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.
Board of Directors of Absolute Networks Private Limited
Absolute Networks has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepal Jignesh Shah | Director | 07 Jul 2003 | 23 Years 3 Months | Current |
| Jignesh Mahendra Shah | Director | 20 Jan 1998 | 28 Years 8 Months | Current |
| Kushal Jignesh Shah Also directs: Nitrodentists Esthetx LLP | Director | 09 Dec 2022 | 3 Years 10 Months | Current |
| Sandip Murarilal Saraf | Director | 20 Jan 1998 | 28 Years 8 Months | Current |
| Neetu Sandeep Saraf | Director | 07 Jul 2003 | 23 Years 3 Months | Current |
Ownership and Shareholding of Absolute Networks 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 Absolute Networks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2025 | Hdfc Bank Limited | ₹4.3 Cr | Open |
| 28 Feb 2007 | Hdfc Bank Limited | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Absolute Networks Private Limited
Employment history and EPFO contributions of people linked to Absolute Networks.
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.
News related to Absolute Networks Private Limited
Recent Activity on Absolute Networks Private Limited
Absolute Networks Private Limited has 8 board changes on record since 1998: 5 appointments and 3 cessations. The latest: Kushal Jignesh Shah ceased to be Additional Director on 29 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Absolute Networks 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.
MSME Payment Delays by Absolute Networks Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Absolute Networks 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 Absolute Networks Private Limited
Absolute Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8088R1ZT | Maharashtra | Active | 01 Jul 2017 |
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 Absolute Networks 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.
Frequently Asked Questions about Absolute Networks Private Limited
Absolute Networks 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 20 January 1998 (28+ years old) and is registered under CIN U72100MH1998PTC113099.
Absolute Networks reported revenue of ₹17.26 Cr for FY 2025 (up 29% YoY).
Absolute Networks has 5 current directors:
- Deepal Jignesh Shah - Director
- Jignesh Mahendra Shah - Director
- Kushal Jignesh Shah - Director
- Sandip Murarilal Saraf - Director
- Neetu Sandeep Saraf - Director
Absolute Networks reported a net profit of ₹1.97 Cr (net margin 11.4%) and EBITDA of ₹4.1 Cr (EBITDA margin 23.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Absolute Networks is 26% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Absolute Networks is 27AACCA8088R1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Absolute Networks is U72100MH1998PTC113099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absolute Networks was incorporated on 20 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Absolute Networks by revenue are Kubernesis Security Private Limited, Stepping Cloud Consulting Private Limited, Nuvepro Technologies Private Limited, Cybersecurity NXXT Private Limited, Teleglobal International Private Limited and 5 more, all in the Information Technology industry (Cloud Computing).
Kushal Jignesh Shah ceased to be Additional Director on 29 Sep 2023. Kushal Jignesh Shah was appointed as Director on 09 Dec 2022. Sarita Arun Saraf ceased to be Director on 10 Aug 2015. Absolute Networks has 8 board changes on record in total.
Absolute Networks can be reached through the website absolute.co.in. Its registered office is in Mumbai, Maharashtra, India.