About Akson Technologies Private Limited
Data last updated:
Akson Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC058262. Its GSTIN is 29AAJCA4215D1ZY (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Kumar and Kusuma Gangatkar Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.3 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.03 Lakh (net margin 3.9%) and EBITDA of ₹20.03 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 84% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AKSON Technologies. As per MCA filings, the company has open charges of ₹17.54 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksontechnologies.com.
Company details
Contact details
Akson Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is aksontechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 16 Sonal House 6th Main 4th Cross Kalyaninagar Bsk 5th Stage Subbramanya, Pura Post, Bangalore, Karnataka, India – 560061
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Akson Technologies 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
Akson Technologies operates one associated brand: AKSON Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services and solutions including SAP, software development, and consulting in India. | aksontechnologies.com |
Business activity
The main business activity of Akson Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Akson Technologies Private Limited, buy the company report.
Financials of Akson Technologies Private Limited
FY 2023 filings availableAkson Technologies Private Limited reported revenue of ₹3.3 Cr (down 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA fell 43% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹20.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.03 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| 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 Akson Technologies Private Limited, buy the company report.
Board of directors of Akson Technologies Private Limited
Akson Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar Also directs: Zeumetis Private Limited, End 2 End Entertainment Private Limited | Director | 20 Apr 2011 | 15 Years 6 Months | Current |
| Kusuma Gangatkar Kumar | Director | 20 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Akson Technologies Private Limited is audited by R R P & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R P & ASSOCIATES | FY 2021 | 012527S |
Shareholding
The shareholding of Akson Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akson Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2020 | 100408694 | Hdfc Bank Limited | ₹17.54 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Akson Technologies Private 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
No delayed payments to MSME suppliers are on our record for Akson Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akson Technologies Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Akson Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA4215D1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akson Technologies Private Limited, buy the company report.
Recent activity
Akson Technologies Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ashish Kumar was appointed as Director on 20 Apr 2011.
Frequently asked questions
Akson Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 April 2011 (15+ years old) and is registered under CIN U72200KA2011PTC058262.
Akson Technologies has 2 current directors:
- Ashish Kumar - Director
- Kusuma Gangatkar Kumar - Director
The latest financial statements of Akson Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Akson Technologies is 29AAJCA4215D1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Akson Technologies is U72200KA2011PTC058262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akson Technologies was incorporated on 20 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashish Kumar was appointed as Director on 20 Apr 2011. Kusuma Gangatkar Kumar was appointed as Director on 20 Apr 2011.
Akson Technologies can be reached through the website aksontechnologies.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Akson Technologies is at No. 16 Sonal House 6th Main 4th Cross Kalyaninagar Bsk 5th Stage Subbramanya, Pura Post, Bangalore, Karnataka, India – 560061.
Akson Technologies operates in the information technology industry, in the IT consulting and support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
