About Achariya Techno Solutions(India) Private Limited
Data last updated:
Achariya Techno Solutions(India) Private Limited was a private limited company based in Thiruvananthapuram, Kerala, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the mobile value-added services (vas) segment of the telecommunications sector. It was incorporated on 06 August 2010.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2010PTC026507. Its GSTIN is 32AAICA7366C1ZW (Kerala).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Achariya Techno Solutions (Kerala) Private Limited. It was led by directors Reji Sivankutty and Tinu Jose.
Its last annual general meeting (AGM) was held on 24 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at T.C – 26/1340(1) Latha Bhavan Panavila Road General Post Office, Thiruvananthapuram, Kerala, India – 695001.
As per the financials filed for FY 2018, the company reported a revenue of ₹96.45 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹3.75 Cr (net margin -3.9%) and EBITDA of -₹3.24 Cr (EBITDA margin -3.4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
The company had about 72 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Achariya Techno Solutions India Pvt Ltd. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The last known website on record is achariya.co.in.
Company details
Contact details
Achariya Techno Solutions(India) Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is achariya.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT.C – 26/1340(1) Latha Bhavan Panavila Road General Post Office, Thiruvananthapuram, Kerala, India – 695001
- IndustryTelecom, Mobile Value-Added Services (VAS)
To see the full contact details of Achariya Techno Solutions(India) Private Limited, buy the company report.
- 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
Brands
Achariya Techno Solutions(India) operates one associated brand: Achariya Techno Solutions India Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology services and solutions in India, affected by external disruptions. | achariya.co.in |
Business activity
The main business activity of Achariya Techno Solutions(India) is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Achariya Techno Solutions(India) Private Limited, buy the company report.
Financials of Achariya Techno Solutions(India) Private Limited
FY 2018 filings availableAchariya Techno Solutions(India) Private Limited reported revenue of ₹96.45 Cr (down 70% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 70% fall in the latest year. EBITDA fell 704% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹96.45 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.24 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.75 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.4% | |||
| Net Profit Margin | -3.9% | |||
| 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 Achariya Techno Solutions(India) Private Limited, buy the company report.
Board of directors of Achariya Techno Solutions(India) Private Limited
Achariya Techno Solutions(India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reji Sivankutty Also directs: Picky Assist Private Limited | Director | 06 Aug 2010 | 16 Years 2 Months | As last reported |
| Tinu Jose | Director | 01 Apr 2013 | 13 Years 6 Months | As last reported |
Auditor
Achariya Techno Solutions(India) Private Limited is audited by GIRI RAJ R & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRI RAJ R & ASSOCIATES | FY 2018 | 011955S |
Shareholding
The shareholding of Achariya Techno Solutions(India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Achariya Techno Solutions(India) Private Limited, buy the company report.
Legal cases
Achariya Techno Solutions(India) Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by M/S. Tata Capital Financial Services Ltd., | Pending |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by M/S.Bsmart Tech.Pvt.Ltd. | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Solutions Infini Technologies (India) Pvt Ltd | Disposed |
| District court, Thiruvananthapuram, Kerala | Execution petition | Filed against the company by an individual | Pending |
To see the full case history of Achariya Techno Solutions(India) 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 Achariya Techno Solutions(India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Achariya Techno Solutions(India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICA7366C1ZW | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Achariya Techno Solutions(India) Private Limited, buy the company report.
Recent activity
Achariya Techno Solutions(India) Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Reena Sivankutty ceased to be Director on 27 Aug 2018.
Frequently asked questions
Achariya Techno Solutions(India) has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Achariya Techno Solutions(India) was a private limited company based in Thiruvananthapuram, Kerala, India. The company worked in mobile value-added services (vas), within the telecom industry. It was incorporated on 06 August 2010 and is registered under CIN U72200KL2010PTC026507. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Achariya Techno Solutions(India) was incorporated on 06 August 2010. It is registered with the Registrar of Companies, Ernakulam.
Achariya Techno Solutions(India) had 2 directors:
- Reji Sivankutty - Director
- Tinu Jose - Director
The CIN (Corporate Identification Number) of Achariya Techno Solutions(India) is U72200KL2010PTC026507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Achariya Techno Solutions(India) is at T.C – 2613401 Latha Bhavan Panavila Road General Post Office, Thiruvananthapuram, Kerala, India – 695001.
Achariya Techno Solutions(India) can be reached through the website achariya.co.in. Its registered office is in Thiruvananthapuram, Kerala, India.
The latest financial statements of Achariya Techno Solutions(India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 August 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Achariya Techno Solutions(India) is 32AAICA7366C1ZW, registered in Kerala.
Achariya Techno Solutions(India) operated in the telecom industry, in the mobile value-added services (vas) segment.