DPIIT recognised startup Government of India
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Armis Research and Development Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11 Lakh
▼ 85% YoY
Net loss · FY 2025
₹87,839
Net margin -8%
EBITDA · FY 2025
₹2.51 Lakh
EBITDA margin 22.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹9.44 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered
About Armis Research and Development Private Limited
Data last updated:
Armis Research and Development Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 12 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2018PTC114717. Its GSTIN is 29AARCA1133E1ZT (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.44 Lakh. It is led by directors including Rachana Gangadhara Setty Malyavantham and Chandra Sekhar Nataraja.
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 1751 5th Stage 2nd Phase Beml Layout Rr Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2025, the company reported a revenue of ₹11 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹87,839 (net margin -8%) and EBITDA of ₹2.51 Lakh (EBITDA margin 22.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 9% over five years.
Armis Research and Development Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0047721). For more details, the company can be reached via its website armis.co.in.
Company Details of Armis Research and Development Private Limited
CIN U73100KA2018PTC114717
Registration Number 114717
Incorporation Date 12 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0047721
Key People
Rachana Gangadhara Setty Malyavantham Director Chandra Sekhar Nataraja Director Yasuhi Muto Director Recognitions & Rankings of Armis Research and Development
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0047721
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1751 5th Stage 2nd Phase Beml Layout Rr Nagar, Bangalore, Karnataka, India – 560098
- IndustryTravel and Hospitality, Consumer Professional Services
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Business Activity of Armis Research and Development Private Limited
The main business activity of Armis Research and Development is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Armis Research and Development Private Limited FY 2025 filings available
Armis Research and Development Private Limited reported revenue of ₹11 Lakh (down 85% YoY) for FY 2025.
Revenue · FY 2025
₹11 Lakh ▼ 85%
Net loss · FY 2025
₹87,839 margin -8%
EBITDA · FY 2025
₹2.51 Lakh margin 22.9%
Compounded Annual Growth Rate (CAGR) of Armis Research and Development Private Limited
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 9%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▲ 44%
5 years · compounded
▲ 32%
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 91% 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 Armis Research and Development Private Limited
| 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 | ₹2.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹87,839 | •••• | •••• | •••• | •••• |
| 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 Armis Research and Development Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8% | •••• | •••• | •••• | •••• |
| 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 Armis Research and Development are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Armis Research and Development Private Limited
Armis Research and Development has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Gangadhara Setty Malyavantham Also directs: In-Sara Consulting Private Limited | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
| Chandra Sekhar Nataraja Also directs: Requisimus IT Consulting Private Limited | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Yasuhi Muto | Director | 29 Dec 2018 | 7 Years 9 Months | Current |
| Manabu Takeuchi | Director | 29 Dec 2018 | 7 Years 9 Months | Current |
| Yuko Baba | Director | 29 Dec 2018 | 7 Years 9 Months | Current |
| Gnana Swamy Kumara Also directs: Requisimus IT Consulting Private Limited | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Armis Research and Development Private Limited
Armis Research and Development Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thrift Holdings Private Limited | ₹11.04 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Giri Raj Casting Private Limited | ₹11.04 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| Steelstud India Private Limited | ₹11.02 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Shibdug Infosolution Private Limited | ₹11.01 Lakh (FY 2025) | •••• | •••• | 344.0% | •••• | Baruipur, West Bengal, India |
| Supreme Incubator Private Limited | ₹11.01 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Armis Research and Development Private Limited this company | ₹11 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Bangalore, Karnataka, India |
| MN Immigration Private Limited | ₹10.99 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Ahmedabad, Gujarat, India |
| Mach Bridge Avionics Private Limited | ₹10.96 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Bangalore, Karnataka, India |
| Valuemetrics Technologies Private Limited | ₹10.96 Lakh (FY 2025) | •••• | •••• | •••• | Navsari, Gujarat, India | |
| Quince Market Insights LLP | ₹10.95 Lakh (FY 2020) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Prudence Edutech & Professional Services Private Limited | ₹10.93 Lakh (FY 2024) | •••• | •••• | 45.0% | •••• | Jodhpur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Armis Research and Development by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Armis Research and Development Private Limited
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Charges & Borrowings of Armis Research and Development Private Limited
Armis Research and Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Armis Research and Development Private Limited
Employment history and EPFO contributions of people linked to Armis Research and Development.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Armis Research and Development Private Limited
Armis Research and Development Private Limited has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Chandra Sekhar Nataraja ceased to be Additional Director on 30 Sep 2022.
AGM
Armis Research And Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Armis Research And Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Chandra Sekhar Nataraja ceased to be Additional Director.
Appointed
Chandra Sekhar Nataraja was appointed as Director.
Appointed
Manabu Takeuchi was appointed as Director.
Appointed
Yasuhi Muto was appointed as Director.
Appointed
Yuko Baba was appointed as Director.
Appointed
Gnana Swamy Kumara was appointed as Director.
Appointed
Rachana Gangadhara Setty Malyavantham was appointed as Director.
Incorporation
12 Jul 2018
Armis Research And Development Private Limited was registered on 12 Jul 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Armis Research and Development Private Limited
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MSME Payment Delays by Armis Research and Development Private Limited
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Subsidiaries & Group Companies of Armis Research and Development Private Limited
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GST Compliance of Armis Research and Development Private Limited
Armis Research and Development has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA1133E1ZT | Karnataka | Active | 19 Sep 2018 |
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MCA Filings & Documents of Armis Research and Development Private Limited
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Frequently Asked Questions about Armis Research and Development Private Limited
Armis Research and Development is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 12 July 2018 (8+ years old) and is registered under CIN U73100KA2018PTC114717.
Armis Research and Development reported revenue of ₹11 Lakh for FY 2025 (down 85% YoY).
Armis Research and Development has 6 current directors:
- Rachana Gangadhara Setty Malyavantham - Director
- Chandra Sekhar Nataraja - Director
- Yasuhi Muto - Director
- Manabu Takeuchi - Director
- Yuko Baba - Director
- Gnana Swamy Kumara - Director
Armis Research and Development reported a net loss of ₹87,839 (net margin -8%) and EBITDA of ₹2.51 Lakh (EBITDA margin 22.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Armis Research and Development is -9% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Armis Research and Development is 29AARCA1133E1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Armis Research and Development is U73100KA2018PTC114717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armis Research and Development was incorporated on 12 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Armis Research and Development by revenue are Thrift Holdings Private Limited, Giri Raj Casting Private Limited, Steelstud India Private Limited, Shibdug Infosolution Private Limited, Supreme Incubator Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Chandra Sekhar Nataraja ceased to be Additional Director on 30 Sep 2022. Chandra Sekhar Nataraja was appointed as Director on 01 Jul 2022. Manabu Takeuchi was appointed as Director on 29 Dec 2018. Armis Research and Development has 7 board changes on record in total.
Yes, Armis Research and Development is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).