MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0062964
Altem Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹73.29 Cr
▼ 9% YoY
Net profit · FY 2025
₹5.91 Cr
Net margin 8.1%
EBITDA · FY 2025
₹8.8 Cr
EBITDA margin 12%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹13.93 Cr
Satisfied ₹11.09 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
65
Provident fund records
About Altem Technologies Private Limited
Data last updated:
Altem Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 11 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2010PTC055455. Its GSTIN is 29AAICA8670K1Z1 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Prasad Rodagi and Sharath Chandra Sreekantha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.29 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹5.91 Cr (net margin 8.1%) and EBITDA of ₹8.8 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ALTEM. As per MCA filings, the company has open charges of ₹13.93 Cr and satisfied charges of ₹11.09 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Altem Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062964). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altem.com.
Company details
CIN U74900KA2010PTC055455
Registration Number 055455
Incorporation Date 11 October 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0062964
Recognitions & Rankings of Altem Technologies
Contact details
Altem Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is altem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 22 Altem Ecosquare 3rd Floor, 9th C Main 5th Block, Bangalore, Karnataka, India – 560041
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Altem Technologies Private Limited, buy the company report.
Comprehensive company report
Altem Technologies 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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Business activity
The main business activities of Altem Technologies are information and communication and trade. In detail, this covers other information & communication service activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Altem Technologies Private Limited, buy the company report.
Financials of Altem Technologies Private Limited
FY 2025 filings availableAltem Technologies Private Limited reported revenue of ₹73.29 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹73.29 Cr ▼ 9%
Net profit · FY 2025
₹5.91 Cr margin 8.1%
EBITDA · FY 2025
₹8.8 Cr margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 5%
5 years · compounded
▲ 30%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 19% 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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| Total Expenses | |||||
| EBITDA | ₹8.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.91 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 12% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Altem Technologies Private Limited, buy the company report.
Board of directors of Altem Technologies Private Limited
Altem Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Rodagi | Director | 11 Oct 2010 | 16 Years 0 Months | Current |
| Sharath Chandra Sreekantha | Director | 11 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Altem Technologies Private Limited is audited by L.K. Kejriwal & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L.K. Kejriwal & Co | FY 2023 | 001368C |
Shareholding
The shareholding of Altem Technologies Private 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 Altem Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.93 Cr
Satisfied charges
₹11.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2024 | 100943626 | Hdfc Bank Limited | ₹2.2 Cr | Open | |
| 25 Apr 2024 | 100922712 | Hdfc Bank Limited | ₹11.73 Cr | Open | |
| 31 Oct 2022 | 100652177 | Yes Bank Limited | ₹9.59 Cr | Satisfied | |
| 29 Mar 2011 | 10281724 | Sree Charan Souhardha Co-Operative Bank Ltd | ₹1.5 Cr | Satisfied |
To see the full charge records of Altem Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Altem Technologies Private Limited has 1 court case on record: 1 filed by Altem Technologies. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Envision Integrated Services Pvt Ltd and 1 other | Pending |
To see the full case history of Altem Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Altem Technologies Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 25 overdue payments to 10 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 (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| C.S Hawkler Logistics Private Limited | |||
| Outshiny India Private Limited | |||
| Premier Infotech | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Altem Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Altem Technologies Private Limited has a workforce of 65 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Employee growth
8.33%
GST
Altem Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA8670K1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altem Technologies Private Limited, buy the company report.
Recent activity
Altem Technologies Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Appayya Adrashyappa Ramarao ceased to be Director on 14 Dec 2015.
AGM
Altem Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Altem Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 1,172.56 Lakh registered on 25 Apr 2024 with Charge ID 100922712 was modified on 09 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 220.00 Lakh with Charge ID 100943626 was registered on 10 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,172.56 Lakh with Charge ID 100922712 was registered on 25 Apr 2024.
Charges
A charge registered on 31 Oct 2022 via Charge ID 100652177 with Yes Bank Limited was fully satisfied on 28 Feb 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 959.00 Lakh with Charge ID 100652177 was registered on 31 Oct 2022.
Ceased
Appayya Adrashyappa Ramarao ceased to be Director.
Ceased
Basavaraj Manjunath ceased to be Director.
Charges
A charge registered on 29 Mar 2011 via Charge ID 10281724 with Sree Charan Souhardha Co-Operative Bank Ltd was fully satisfied on 11 Aug 2011.
Charges
A charge with Sree Charan Souhardha Co-Operative Bank Ltd amounted to Rs. 150.00 Lakh with Charge ID 10281724 was registered on 29 Mar 2011.
Appointed
Prasad Rodagi was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Altem Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 11 October 2010 (16+ years old) and is registered under CIN U74900KA2010PTC055455.
Altem Technologies has 2 current directors:
- Prasad Rodagi - Director
- Sharath Chandra Sreekantha - Director
The latest financial statements of Altem Technologies 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 Altem Technologies is 29AAICA8670K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Altem Technologies is U74900KA2010PTC055455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altem Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Altem Technologies was incorporated on 11 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Appayya Adrashyappa Ramarao ceased to be Director on 14 Dec 2015. Basavaraj Manjunath ceased to be Director on 17 Jun 2014. Prasad Rodagi was appointed as Director on 11 Oct 2010. Altem Technologies has 4 board changes on record in total.
Yes, Altem Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062964).
Altem Technologies has 3 MSME Form 1 returns on record between 2022 and 2023, listing 25 overdue payments to 10 micro and small suppliers. The latest return was filed on 29 Sep 2023.
Altem Technologies can be reached through the website altem.com. Its registered office is in Bangalore, Karnataka, India.
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