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Altius Aerospace Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.07 Cr
▲ 79% YoY
Net loss · FY 2024
₹13.6 Lakh
Net margin -6.6%
EBITDA · FY 2024
-₹7.4 Lakh
EBITDA margin -3.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
62
Provident fund records
Directors on board
2
As per MCA filings
About Altius Aerospace Private Limited
Data last updated:
Altius Aerospace Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 12 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32109KA2020PTC139654. Its GSTIN is 29AAUCA1972A1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Muniraju Chinthamanipalli Ravanappa and Ghanashyam Devanand.
Its last annual general meeting (AGM) was held on 20 May 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 405 Dhruvikas Spadi Kodihalli, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.07 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net loss of ₹13.6 Lakh (net margin -6.6%) and EBITDA of -₹7.4 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 382% over three years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Altius Aerotech.
Altius Aerospace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0048744). For more details, the company can be reached via its website altiusaero.com.
Company details
CIN U32109KA2020PTC139654
Registration Number 139654
Incorporation Date 12 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 May 2025
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0048744
Recognitions & Rankings of Altius Aerospace
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0048744
Contact details
Altius Aerospace Private Limited's registered office is in Bangalore, Karnataka. Its website is altiusaero.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address405 Dhruvikas Spadi Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Altius Aerospace Private Limited, buy the company report.
Comprehensive company report
Altius Aerospace 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
Altius Aerospace operates one associated brand: Altius Aerotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in designing and manufacturing custom electronic components and testing equipment. | altiusaero.com |
Business activity
The main business activity of Altius Aerospace is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Altius Aerospace Private Limited, buy the company report.
Financials of Altius Aerospace Private Limited
FY 2024 filings availableAltius Aerospace Private Limited reported revenue of ₹2.07 Cr (up 79% YoY) for FY 2024.
Revenue · FY 2024
₹2.07 Cr ▲ 79%
Net loss · FY 2024
₹13.6 Lakh margin -6.6%
EBITDA · FY 2024
-₹7.4 Lakh margin -3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 382%
EBITDA CAGR growth
1 year
▼ 193%
3 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 382% over three years, including 79% growth in the latest year. EBITDA fell 193% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹7.4 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13.6 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.6% | |||
| Net Profit Margin | -6.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Altius Aerospace Private Limited, buy the company report.
Board of directors of Altius Aerospace Private Limited
Altius Aerospace has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muniraju Chinthamanipalli Ravanappa | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Ghanashyam Devanand | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Altius Aerospace Private Limited is audited by CHARLES & CHANDRASEKAR LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARLES & CHANDRASEKAR LLP | FY 2021 | S000042 |
Shareholding
The shareholding of Altius Aerospace Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Altius Aerospace Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altius Aerospace 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 Altius Aerospace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Altius Aerospace Private Limited has a workforce of 62 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
62
Active EPFO establishments
1
Employee growth
51.22%
GST
Altius Aerospace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCA1972A1ZJ | Karnataka | Active | 02 Dec 2020 |
To see the full GST registrations and return filing status of Altius Aerospace Private Limited, buy the company report.
Recent activity
Altius Aerospace Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ghanashyam Devanand was appointed as Director on 12 Oct 2020.
AGM
Altius Aerospace Private Limited last Annual general meeting of members was held on 20 May 2025 as per latest MCA records.
Filing
Altius Aerospace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Ghanashyam Devanand was appointed as Director.
Appointed
Muniraju Chinthamanipalli Ravanappa was appointed as Director.
Incorporation
12 Oct 2020
Altius Aerospace Private Limited was registered on 12 Oct 2020 with Roc Bangalore & aged 6 years 13 days as per MCA records.
Frequently asked questions
Altius Aerospace is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 12 October 2020 (6+ years old) and is registered under CIN U32109KA2020PTC139654.
Altius Aerospace has 2 current directors:
- Muniraju Chinthamanipalli Ravanappa - Director
- Ghanashyam Devanand - Director
The latest financial statements of Altius Aerospace on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 May 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Altius Aerospace is 29AAUCA1972A1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Altius Aerospace is U32109KA2020PTC139654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altius Aerospace was incorporated on 12 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Ghanashyam Devanand was appointed as Director on 12 Oct 2020. Muniraju Chinthamanipalli Ravanappa was appointed as Director on 12 Oct 2020.
Yes, Altius Aerospace is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Altius Aerospace is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0048744).
Altius Aerospace can be reached through the website altiusaero.com. Its registered office is in Bangalore, Karnataka, India.