About Aither Technology India Private Limited
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Aither Technology India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC125147. Its GSTIN is 29AASCA3916G1ZD (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravikiran Shivachar Basavaraj and Rajesh Shivachar Basavaraj.
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 B4 – 1013 No.39/1 Vasanthapura Village Uttarahalli Hobli, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.57 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹24,200 (net margin 0.2%) and EBITDA of ₹2.75 Lakh (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website aithertechnology.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB4 – 1013 No.39/1 Vasanthapura Village Uttarahalli Hobli, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Aither Technology India Private Limited
The main business activity of Aither Technology India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Aither Technology India Private Limited FY 2025 filings available
Aither Technology India Private Limited reported revenue of ₹1.57 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aither Technology India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 22% fall in the latest year. EBITDA fell 55% 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 Aither Technology India 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 | ₹2.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,200 | •••• | •••• | •••• | •••• |
| 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 Aither Technology India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Aither Technology India are in the company report.
Financial statements from FY 2020
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 Aither Technology India Private Limited
Aither Technology India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digifyde India Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Logisch Technologies Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | New Delhi, Delhi, India |
| Avati Vanguard Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Rajkot, Gujarat, India |
| Ultra Softsys Private Limited | ₹1.57 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Delhi, India |
| Brightfu Hub Private Limited | ₹1.57 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Aither Technology India Private Limited this company | ₹1.57 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Bangalore, Karnataka, India |
| Winever Technologies Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Beluga Consultancy Services Private Limited | ₹1.57 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | Howrah, West Bengal, India |
| Rudranee Infotech Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Aurangabad, Maharashtra, India |
| Bhavi Commtech Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | New Delhi, Delhi, India |
| Ubhed Consulting Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Aither Technology India by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Aither Technology India Private Limited
Aither Technology India Private Limited is audited by VIVEK SIDDHANT & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIVEK SIDDHANT & 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 Aither Technology India Private Limited
Aither Technology India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikiran Shivachar Basavaraj | Director | 12 Jun 2019 | 7 Years 3 Months | Current |
| Rajesh Shivachar Basavaraj | Director | 12 Jun 2019 | 7 Years 3 Months | Current |
| Nicholas John Walker Also directs: Two Six Two Labs Private Limited | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Aither Technology India 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 Aither Technology India Private Limited
Aither Technology India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aither Technology India Private Limited
Employment history and EPFO contributions of people linked to Aither Technology India.
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 Aither Technology India Private Limited
Aither Technology India Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Nicholas John Walker ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Aither Technology India 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 Aither Technology India 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 Aither Technology India 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 Aither Technology India Private Limited
Aither Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA3916G1ZD | Karnataka | Active | 30 Jul 2019 |
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 Aither Technology India 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 Aither Technology India Private Limited
Aither Technology India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 June 2019 (7+ years old) and is registered under CIN U72900KA2019PTC125147.
Aither Technology India reported revenue of ₹1.57 Cr for FY 2024 (down 22% YoY).
Aither Technology India has 3 current directors:
- Ravikiran Shivachar Basavaraj - Director
- Rajesh Shivachar Basavaraj - Director
- Nicholas John Walker - Director
Aither Technology India reported a net profit of ₹24,200 (net margin 0.2%) and EBITDA of ₹2.75 Lakh (EBITDA margin 1.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aither Technology India is -11% over three years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aither Technology India is 29AASCA3916G1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Aither Technology India is U72900KA2019PTC125147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aither Technology India was incorporated on 12 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aither Technology India by revenue are Digifyde India Private Limited, Logisch Technologies Private Limited, Avati Vanguard Private Limited, Ultra Softsys Private Limited, Brightfu Hub Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Nicholas John Walker ceased to be Additional Director on 31 Dec 2020. Nicholas John Walker was appointed as Director on 30 Jul 2019. Rajesh Shivachar Basavaraj was appointed as Director on 12 Jun 2019. Aither Technology India has 4 board changes on record in total.
Aither Technology India can be reached through the website aithertechnology.com. Its registered office is in Bangalore, Karnataka, India.