About Apiary Technologies Private Limited
Data last updated:
Apiary Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC113396. Its GSTIN is 33AAOCA9780A1ZM (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹76,000. It is led by directors Santosh Mammen and Karthikeyan Anandaraj.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.26 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹56.6 Lakh (net margin 6.9%) and EBITDA of ₹91.08 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 26% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apiary Technologies. As per MCA filings, the company has open charges of ₹25 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 apiarytech.com.
Company details
Contact details
Apiary Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is apiarytech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEvolve Spaces Asv Chandilya, Towers Ground Floor No. 5/397 Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600096
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Apiary 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
Apiary Technologies operates one associated brand: Apiary Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offshore software development and team building services in India. | apiarytech.com |
Business activity
The main business activity of Apiary Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Apiary Technologies Private Limited, buy the company report.
Financials of Apiary Technologies Private Limited
FY 2025 filings availableApiary Technologies Private Limited reported revenue of ₹8.26 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 32% 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 |
|---|---|---|---|---|---|
| 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 | ₹91.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.6 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 6.9% | ||||
| 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 Apiary Technologies Private Limited, buy the company report.
Board of directors of Apiary Technologies Private Limited
Apiary Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Mammen | Director | 18 Nov 2016 | 9 Years 11 Months | Current |
| Karthikeyan Anandaraj | Director | 09 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Apiary Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devaki Lifters India Private Limited | ₹8.27 Cr (FY 2025) | 16.0% | Udaipur, Rajasthan, India | |||
| Xformics Technologies India Private Limited | ₹8.27 Cr (FY 2025) | -7.0% | Noida, Uttar Pradesh, India | |||
| Zenith Electrotech Private Limited | ₹8.26 Cr (FY 2025) | -48.0% | New Delhi, Delhi, India | |||
| Satpalda Trading Private Limited | ₹8.26 Cr (FY 2025) | 66.0% | New Delhi, Delhi, India | |||
| Vedic Bodhi Technologies Private Limited | ₹8.26 Cr (FY 2025) | 11.0% | Ghaziabad, Uttar Pradesh, India | |||
| Apiary Technologies Private Limitedthis company | ₹8.26 Cr (FY 2025) | ₹56.6 Lakh | 6.9% | -18.0% | 22 | Chennai, Tamil Nadu, India |
| Wheatons Design Private Limited | ₹8.25 Cr (FY 2025) | 54.0% | Jaipur, Rajasthan, India | |||
| Santca Logistics Private Limited | ₹8.25 Cr (FY 2025) | -13.0% | Lakshmipuram, Kolathur, Tamil Nadu, India | |||
| Criterion Networks India Private Limited | ₹8.24 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| CTGT Innovations Private Limited | ₹8.24 Cr (FY 2025) | 47.0% | Pune, Maharashtra, India | |||
| Powertest Asia Private Limited | ₹8.23 Cr (FY 2025) | -22.0% | Telangana, India |
To see the full peer comparison of Apiary Technologies Private Limited, buy the company report.
Auditor
Apiary Technologies Private Limited is audited by P CHAUHAN AND COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P CHAUHAN AND COMPANY | FY 2021 | 016048C |
Shareholding
The shareholding of Apiary Technologies Private Limited is on record for 3 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 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apiary Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2020 | 100421839 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Apiary 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 Apiary Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apiary Technologies Private Limited has a workforce of 22 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Apiary Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCA9780A1ZM | Tamil Nadu | Active | 03 Nov 2018 |
To see the full GST registrations and return filing status of Apiary Technologies Private Limited, buy the company report.
Recent activity
Apiary Technologies Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Karthikeyan Anandaraj ceased to be Additional Director on 30 Sep 2018.
Frequently asked questions
Apiary Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 November 2016 (10+ years old) and is registered under CIN U72900TN2016PTC113396.
Apiary Technologies has 2 current directors:
- Santosh Mammen - Director
- Karthikeyan Anandaraj - Director
The latest financial statements of Apiary 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 FY 2017 are in the company report.
The GSTIN of Apiary Technologies is 33AAOCA9780A1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Apiary Technologies is U72900TN2016PTC113396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apiary Technologies was incorporated on 18 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Apiary Technologies by revenue are Devaki Lifters India Private Limited, Xformics Technologies India Private Limited, Zenith Electrotech Private Limited, Satpalda Trading Private Limited, Vedic Bodhi Technologies Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).
Karthikeyan Anandaraj ceased to be Additional Director on 30 Sep 2018. Govind Menon ceased to be Director on 09 Feb 2018. Karthikeyan Anandaraj was appointed as Director on 09 Feb 2018. Apiary Technologies has 4 board changes on record in total.
Apiary Technologies can be reached through the website apiarytech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Apiary Technologies is at Evolve Spaces Asv Chandilya, Towers Ground Floor No. 5397 Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600096.
Apiary Technologies operates in the information technology industry, in the application development and software solutions 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.
