About Advantedge Technologies Private Limited
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Advantedge Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 13 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64202MH2006PTC158882. Its GSTIN is 27AACCT4363N1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Telstra Technologies Private Limited. It is led by directors including Ashok Prabhakaran Nair and Subhash Brijkishore Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 48 3rd Floor Pravasi Industrial Estate Mulund Goregaon Link Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.68 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Cr (net margin 5.7%) and EBITDA of ₹3.01 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 14% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AdvantEdge Technologies. As per MCA filings, the company has open charges of ₹3.96 Cr and satisfied charges of ₹7.55 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2010. Its 10 peer companies in the Machinery and Equipment industry (IT Products Retail and Distribution, Machinery and Equipment Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Image Star Private Limited with revenue of ₹28.8 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2021, listing 8 overdue payments to 2 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 advantedge.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 48 3rd Floor Pravasi Industrial Estate Mulund Goregaon Link Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Advantedge Technologies Private Limited
The main business activity of Advantedge Technologies is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication 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 Advantedge Technologies Private Limited FY 2024 filings available
Advantedge Technologies Private Limited reported revenue of ₹28.68 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Advantedge Technologies Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 46% 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 Advantedge Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.63 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 Advantedge Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| 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 Advantedge Technologies 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 Advantedge Technologies Private Limited
Advantedge Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (IT Products Retail and Distribution, Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Image Star Private Limited | ₹28.8 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
| Suman Ind-Agro Sales Private Limited | ₹28.8 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Raigarh, Chhattisgarh, India |
| Altavista Trendz Private Limited | ₹28.78 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Surat, Gujarat, India |
| Meusburger India Private Limited | ₹28.77 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Varchar Data Tech Services Private Limited | ₹28.73 Cr (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Advantedge Technologies Private Limited this company | ₹28.68 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Anything Mac Private Limited | ₹28.68 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | New Delhi, Delhi, India |
| Darshan Jewel Tools Private Limited | ₹28.68 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Technociate Solutions Private Limited | ₹28.66 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Jayanagar, Karnataka, India |
| Kistler Instruments India Private Limited | ₹28.64 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Faridabad, Haryana, India |
| Gainz India Peripherals Private Limited | ₹28.59 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Advantedge Technologies by revenue in the Machinery and Equipment industry (IT Products Retail and Distribution, Machinery and Equipment Retail and Distribution), 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 Advantedge Technologies Private Limited
Advantedge Technologies Private Limited is audited by ARVIND MAHAJAN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARVIND MAHAJAN & 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.
Board of Directors of Advantedge Technologies Private Limited
Advantedge Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Prabhakaran Nair | Director | 13 Jan 2006 | 20 Years 8 Months | Current |
| Subhash Brijkishore Bajaj | Director | 13 Jan 2006 | 20 Years 8 Months | Current |
| Padamkumar Vashumal Sachdev Also directs: Wheelsvilla India LLP | Director | 13 Jan 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Advantedge 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 Advantedge Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Hdfc Bank Limited | ₹17 Lakh | Open |
| 26 Dec 2022 | Axis Bank Limited | ₹3.64 Cr | Open |
| 04 Nov 2020 | Hdfc Bank Limited | ₹14.5 Lakh | Open |
| 05 Feb 2021 | Others | ₹15.03 Lakh | Satisfied |
| 29 Mar 2014 | Others | ₹2.05 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Advantedge Technologies Private Limited
Advantedge Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2010 | Funding round | ₹9 Lakh | Investors: 3 individuals |
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 Advantedge Technologies Private Limited
Advantedge Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2021, listing 8 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Shreyas Turnkey Projects Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 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.
Associated Brands with Advantedge Technologies Private Limited
Advantedge Technologies operates one associated brand: AdvantEdge Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security and fire protection systems are provided by AdvantEdge Technologies in India. | advantedge.co.in |
Employees and EPFO Compliance at Advantedge Technologies Private Limited
Advantedge Technologies Private Limited has a workforce of 110 employees as of Apr 10, 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 Advantedge Technologies Private Limited
Advantedge Technologies Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Ashok Prabhakaran Nair was appointed as Director on 13 Jan 2006.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Advantedge 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 Advantedge 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 Advantedge Technologies Private Limited
Advantedge Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT4363N1ZW | 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 Advantedge 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.
Frequently Asked Questions about Advantedge Technologies Private Limited
Advantedge Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 13 January 2006 (20+ years old) and is registered under CIN U64202MH2006PTC158882.
Advantedge Technologies reported revenue of ₹28.68 Cr for FY 2024 (down 4% YoY).
Advantedge Technologies has 3 current directors:
- Ashok Prabhakaran Nair - Director
- Subhash Brijkishore Bajaj - Director
- Padamkumar Vashumal Sachdev - Director
Advantedge Technologies reported a net profit of ₹1.63 Cr (net margin 5.7%) and EBITDA of ₹3.01 Cr (EBITDA margin 10.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advantedge Technologies is 31% over three years and 14% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Advantedge Technologies is 27AACCT4363N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advantedge Technologies is U64202MH2006PTC158882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advantedge Technologies was incorporated on 13 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Advantedge Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2010.
The peers of Advantedge Technologies by revenue are Image Star Private Limited, Suman Ind-Agro Sales Private Limited, Altavista Trendz Private Limited, Meusburger India Private Limited, Varchar Data Tech Services Private Limited and 5 more, all in the Machinery and Equipment industry (IT Products Retail and Distribution, Machinery and Equipment Retail and Distribution).
Ashok Prabhakaran Nair was appointed as Director on 13 Jan 2006. Padamkumar Vashumal Sachdev was appointed as Director on 13 Jan 2006. Subhash Brijkishore Bajaj was appointed as Director on 13 Jan 2006.
Advantedge Technologies has 2 MSME Form 1 returns on record for the period ending Mar 2021, listing 8 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Feb 2022.