Advith Itec Private Limited

Advith Itec Private Limited - business outsourcing in Udupi, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2020PTC132598 Incorporated 12 February 2020 ROC Bangalore HQ Udupi, Karnataka, India
Active Private Limited Company business outsourcing DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2026
₹5.25 Cr
▲ 92% YoY
Net profit · FY 2026
₹2.06 Lakh
Net margin 0.4%
EBITDA · FY 2026
₹29.44 Lakh
EBITDA margin 5.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.62 Lakh
Issued & subscribed
Open charges
₹96.22 Lakh
Satisfied ₹10 Lakh
Company age
6 yrs
Est. 2020
Employees · EPFO
23
Provident fund records

About Advith Itec Private Limited

Data last updated:

Advith Itec Private Limited is a private limited company based in Udupi, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 February 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC132598. Its GSTIN is 29AATCA3006A1ZZ (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.62 Lakh. It is led by directors Srinivasa Upadhya Krishna and Rotti Krishnamurthy Suchindra.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Udupi, Karnataka.

As per the financials filed for FY 2026, the company reported a revenue of ₹5.25 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 0.4%) and EBITDA of ₹29.44 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 66% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Advith ITeC. As per MCA filings, the company has open charges of ₹96.22 Lakh and satisfied charges of ₹10 Lakh on record.

Advith Itec Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-26-0000743). For more details, the company can be reached via its website advithitec.in.

Company details

CIN U74999KA2020PTC132598
Registration Number 132598
Incorporation Date 12 February 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-26-0000743
Key People
Srinivasa Upadhya Krishna Director Rotti Krishnamurthy Suchindra Director

Recognitions & Rankings of Advith Itec

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-26-0000743

Contact details

Advith Itec Private Limited's registered office is in Udupi, Karnataka. Its website is advithitec.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    advithitec.in
  • Social Media
  • Registered Address
    2nd Floor Nanda Commercial, Complex & Health Center Court Road, Udupi, Karnataka, India – 576101
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Advith Itec Private Limited, buy the company report.

Comprehensive company report
Advith Itec 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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Brands

Advith Itec operates one associated brand: Advith ITeC. Each brand links to its own profile.

BrandDescriptionWebsite
Advith ITeC
Finance consulting and technology services for simplifying operations globally.advithitec.in

Business activity

The main business activity of Advith Itec is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Advith Itec Private Limited, buy the company report.

Financials of Advith Itec Private Limited

FY 2026 filings available

Advith Itec Private Limited reported revenue of ₹5.25 Cr (up 92% YoY) for FY 2026.

Revenue · FY 2026
₹5.25 Cr ▲ 92%
Net profit · FY 2026
₹2.06 Lakh margin 0.4%
EBITDA · FY 2026
₹29.44 Lakh margin 5.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 73%
5 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 403%
3 years · compounded
▲ 41%
5 years · compounded
▲ 34%

Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 92% growth in the latest year. EBITDA rose 403% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹5.25 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹29.44 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.06 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin5.6%
Net Profit Margin0.4%
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

To see the full financial statements and ratios of Advith Itec Private Limited, buy the company report.

Board of directors of Advith Itec Private Limited

Advith Itec has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Srinivasa Upadhya Krishna
Also directs: Upadhya & Associates LLP
Director17 May 20215 Years 5 MonthsCurrent
Rotti Krishnamurthy Suchindra
Also directs: J A A & Co LLP, Firetide Networks Private Limited
Director08 Jun 20215 Years 5 MonthsCurrent
View all directors

Auditor

Advith Itec Private Limited is audited by Manohar Chowdhry & Associates for the financial year 2026.

Auditor firmFinancial yearFirm registration number
Manohar Chowdhry & AssociatesFY 2026001997S

Shareholding

The shareholding of Advith Itec Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Advith Itec Private Limited, buy the company report.

Charges & borrowings

Open charges
₹96.22 Lakh
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Canara Bank₹0.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Feb 2025101059745Canara Bank₹11.5 LakhOpen
15 Apr 2023100724638Canara Bank₹7.72 LakhOpen
24 Nov 2022100680176Canara Bank₹60 LakhOpen
24 Mar 2022100556143Canara Bank₹17 LakhOpen
06 Jun 2020100345568Others₹10 LakhSatisfied

To see the full charge records of Advith Itec Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Advith Itec Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Advith Itec Private Limited has a workforce of 23 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
21.05%

GST

Advith Itec has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AATCA3006A1ZZKarnatakaActive15 May 2020

To see the full GST registrations and return filing status of Advith Itec Private Limited, buy the company report.

Recent activity

Advith Itec Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Shradha Patil ceased to be Director on 01 Mar 2022.

Filing
Advith Itec Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Advith Itec Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 60.00 Lakh registered on 24 Nov 2022 with Charge ID 100680176 was modified on 05 Jul 2025.
Charges
A charge registered on 06 Jun 2020 via Charge ID 100345568 with Others was fully satisfied on 19 Jun 2025.
Charges
A charge with Canara Bank amounted to Rs. 11.50 Lakh with Charge ID 101059745 was registered on 11 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 7.72 Lakh with Charge ID 100724638 was registered on 15 Apr 2023.
Charges
A charge with Canara Bank amounted to Rs. 60.00 Lakh with Charge ID 100680176 was registered on 24 Nov 2022.
Charges
A charge with Canara Bank amounted to Rs. 17.00 Lakh with Charge ID 100556143 was registered on 24 Mar 2022.
Ceased
Shradha Patil ceased to be Director.
Ceased
Pavan Kumar Daga ceased to be Director.
Appointed
Rotti Krishnamurthy Suchindra was appointed as Director.
Ceased
Raksha Rao Karikurve ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Advith Itec is an active private limited company based in Udupi, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 February 2020 (6+ years old) and is registered under CIN U74999KA2020PTC132598.

Advith Itec has 2 current directors:

The latest financial statements of Advith Itec on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Advith Itec is 29AATCA3006A1ZZ, registered in Karnataka.

The CIN (Corporate Identification Number) of Advith Itec is U74999KA2020PTC132598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advith Itec was incorporated on 12 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Shradha Patil ceased to be Director on 01 Mar 2022. Pavan Kumar Daga ceased to be Director on 10 Feb 2022. Rotti Krishnamurthy Suchindra was appointed as Director on 08 Jun 2021. Advith Itec has 8 board changes on record in total.

Yes, Advith Itec is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Advith Itec is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-26-0000743).

Advith Itec can be reached through the website advithitec.in. Its registered office is in Udupi, Karnataka, India.