- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0020593

About Aicl Communications Limited.
Data last updated:
Aicl Communications Limited. is a public 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 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2005PLC156715. Its GSTIN is 27AAFCA4932M1ZF (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.24 Cr. It was formerly known as Atherstone Investor Communications Limited and Atherstone Strategic Capital (Asia ) Limited. It is led by directors including Krishna Agrawal Kumar and Arvind Agrawal.
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 2nd Floor Deluxe House B – 50 Veera Desai Road Off. New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.07 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹3.64 Cr (net margin 45%) and EBITDA of ₹5.88 Cr (EBITDA margin 72.9%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 15% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AICL Communications. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹3 Cr on record.
Aicl Communications Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0020593). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aicl.in.
Company details
Name history
Aicl Communications Limited has undergone 2 name changes throughout its history. The company was previously known as Atherstone Investor Communications Limited, and Atherstone Strategic Capital (Asia ) Limited. The current legal name is Aicl Communications Limited..
| Company Name | Status |
|---|---|
| Aicl Communications Limited. | Current |
| Atherstone Investor Communications Limited | Previous |
| Atherstone Strategic Capital (Asia ) Limited | Previous |
Recognitions & Rankings of Aicl Communications Limited
Contact details
Aicl Communications Limited.'s registered office is in Mumbai, Maharashtra. Its website is aicl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Deluxe House B – 50 Veera Desai Road Off. New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Aicl Communications 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
Aicl Communications Limited operates one associated brand: AICL Communications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Communications services including integrated reporting and engagement for corporate clients. | aicl.in |
Business activity
The main business activity of Aicl Communications Limited is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Aicl Communications Limited., buy the company report.
Financials of Aicl Communications Limited.
FY 2025 filings availableAicl Communications Limited. reported revenue of ₹8.07 Cr (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 82% fall in the latest year. EBITDA fell 72% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.88 Cr | ||||
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| Net Profit (PAT) | ₹3.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.9% | ||||
| Net Profit Margin | 45% | ||||
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To see the full financial statements and ratios of Aicl Communications Limited., buy the company report.
Board of directors of Aicl Communications Limited.
Aicl Communications Limited has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Agrawal Kumar Also directs: Liaison Agencies Private Limited | Director | 16 Nov 2009 | 16 Years 11 Months | Current |
| Arvind Agrawal Also directs: Stirrup Communication Consultants Private Limited | Director | 25 May 2009 | 17 Years 4 Months | Current |
| Nitika Kariwala | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Aicl Communications Limited. is audited by S G C O & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G C O & CO | FY 2023 | 112081W |
Shareholding
The shareholding of Aicl Communications Limited. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aicl Communications Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2022 | 100646047 | Others | ₹1 Cr | Open | |
| 30 Mar 2021 | 100437428 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Aicl Communications Limited., buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aicl Communications Limited. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Aicl Communications Limited. has 3 MSME Form 1 returns on record between 2021 and 2023, listing 5 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Fristine Infotech Private Limited |
To see the full MSME payment records of Aicl Communications Limited., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aicl Communications Limited. has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Aicl Communications Limited has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA4932M1ZF | Maharashtra | Active | 01 Jul 2017 |
| 19AAFCA4932M2ZB | West Bengal | Active | 04 Jul 2019 |
To see the full GST registrations and return filing status of Aicl Communications Limited., buy the company report.
Recent activity
Aicl Communications Limited. has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Nitika Kariwala ceased to be Additional Director on 30 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
Aicl Communications Limited is an active public 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 October 2005 (21+ years old) and is registered under CIN U67120MH2005PLC156715.
Aicl Communications Limited has 3 current directors:
- Krishna Agrawal Kumar - Director
- Arvind Agrawal - Director
- Nitika Kariwala - Director
The latest financial statements of Aicl Communications Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aicl Communications Limited is 27AAFCA4932M1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAFCA4932M2ZB (West Bengal).
The CIN (Corporate Identification Number) of Aicl Communications Limited is U67120MH2005PLC156715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aicl Communications Limited was incorporated on 13 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitika Kariwala ceased to be Additional Director on 30 Sep 2019. Arvind Agrawal ceased to be Director on 01 Apr 2019. Rajesh Hari Sharma ceased to be Director on 19 Oct 2015. Aicl Communications Limited has 11 board changes on record in total.
Yes, Aicl Communications Limited is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0020593).
Aicl Communications Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 21 Nov 2023.
Aicl Communications Limited can be reached through the website aicl.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aicl Communications Limited is at 2nd Floor Deluxe House B – 50 Veera Desai Road Off. New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.