Startup India Government of India
Array Networks India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹98.01 Cr
▲ 41% YoY
Net profit · FY 2024
₹4.81 Cr
Net margin 4.9%
EBITDA · FY 2024
₹9.09 Cr
EBITDA margin 9.3%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12.58 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
62
Provident fund records
Directors on board
2
As per MCA filings
About Array Networks India Private Limited
Data last updated:
Array Networks India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Array Network Inc and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2019FTC127715. Its GSTIN is 29AASCA7023J1Z8 (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.58 Cr. It is led by directors Shibu Paul and Hwang Jiann Chyau.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹98.01 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Cr (net margin 4.9%) and EBITDA of ₹9.09 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Array Networks. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in January 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Netprophets Cyberworks Private Limited with revenue of ₹98.56 Cr.
Array Networks India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0110950). For more details, the company can be reached via its website arraynetworks.com.
Company details
CIN U72501KA2019FTC127715
Registration Number 127715
Incorporation Date 06 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Array Network Inc
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0110950
Recognitions & Rankings of Array Networks India
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0110950
Contact details
Array Networks India Private Limited's registered office is in Bangalore, Karnataka. Its website is arraynetworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Sigma No. 3B 7th C Main 3rd Block Koramanga, La., Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Array Networks India Private Limited, buy the company report.
Comprehensive company report
Array Networks India 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
Array Networks India operates one associated brand: Array Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Network Functions Virtualization platform provider | arraynetworks.com |
Business activity
The main business activity of Array Networks India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Array Networks India Private Limited, buy the company report.
Financials of Array Networks India Private Limited
FY 2024 filings availableArray Networks India Private Limited reported revenue of ₹98.01 Cr (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹98.01 Cr ▲ 41%
Net profit · FY 2024
₹4.81 Cr margin 4.9%
EBITDA · FY 2024
₹9.09 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 79%
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 41% growth in the latest year. EBITDA fell 6% 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 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹9.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Array Networks India Private Limited, buy the company report.
Board of directors of Array Networks India Private Limited
Array Networks India 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 |
|---|---|---|---|---|
| Shibu Paul Also directs: Starlight Gaming India Private Limited | Director | 06 Sep 2019 | 7 Years 1 Months | Current |
| Hwang Jiann Chyau | Additional Director | 23 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Array Networks India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netprophets Cyberworks Private Limited | ₹98.56 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Skillwin Technology Private Limited | ₹98.54 Cr (FY 2025) | -24.0% | Delhi, India | |||
| First Games Technology Private Limited | ₹98.51 Cr (FY 2025) | -56.0% | New Delhi, Delhi, India | |||
| Terrapay Solutions India Private Limited | ₹98.17 Cr (FY 2023) | 160.0% | Bangalore, Karnataka, India | |||
| Healthedge Software Private Limited | ₹98.12 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Array Networks India Private Limitedthis company | ₹98.01 Cr (FY 2024) | ₹4.81 Cr | 4.9% | 41.0% | 62 | Bangalore, Karnataka, India |
| Cloud Kinetics Technology Solutions Private Limited | ₹97.91 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Syndigo India Private Limited | ₹97.86 Cr (FY 2025) | 5.0% | Karnataka, India | |||
| Ani Media Private Limited | ₹97.53 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Senrysa Technologies Limited | ₹97.15 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| Hoonar Tekwurks Private Limited | ₹96.91 Cr (FY 2024) | 6.0% | Pune, Maharashtra, India |
To see the full peer comparison of Array Networks India Private Limited, buy the company report.
Auditor
Array Networks India Private Limited is audited by PANTH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANTH & CO | FY 2023 | 002564S |
Shareholding
The shareholding of Array Networks India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Array Networks India Private Limited, buy the company report.
Deals & funding
Array Networks India Private Limited has 1 deal on record (1 rights issue); the latest was in January 2021.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Rights issue | ₹8.49 Cr | Investors: Array Networks Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Array Networks India Private Limited has 3 court cases on record: 1 filed by Array Networks India, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court of Karnataka | Revision petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Disposed |
To see the full case history of Array Networks India 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
No delayed payments to MSME suppliers are on our record for Array Networks India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Array Networks India Private Limited has a workforce of 62 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
62
Active EPFO establishments
1
Employee growth
16.98%
GST
Array Networks India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA7023J1Z8 | Karnataka | Active | 07 Nov 2019 |
To see the full GST registrations and return filing status of Array Networks India Private Limited, buy the company report.
Recent activity
Array Networks India Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Hwang Jiann Chyau was appointed as Additional Director on 23 May 2024.
AGM
Array Networks India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Hwang Jiann Chyau was appointed as Additional Director.
Ceased
Thotliganahalli Sriram Athish ceased to be Additional Director.
Filing
Array Networks India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Yao Zhao ceased to be Director.
Appointed
Shibu Paul was appointed as Director.
Incorporation
06 Sep 2019
Array Networks India Private Limited was registered on 06 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
News
Frequently asked questions
Array Networks India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 September 2019 (7+ years old) and is registered under CIN U72501KA2019FTC127715.
Array Networks India has 2 current directors:
- Shibu Paul - Director
- Hwang Jiann Chyau - Additional Director
The latest financial statements of Array Networks India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Array Networks India is 29AASCA7023J1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Array Networks India is U72501KA2019FTC127715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Array Networks India has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Array Networks India was incorporated on 06 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Array Networks India has 1 deal on record (1 rights issue); the latest was in January 2021.
The peers of Array Networks India by revenue are Netprophets Cyberworks Private Limited, Skillwin Technology Private Limited, First Games Technology Private Limited, Terrapay Solutions India Private Limited, Healthedge Software Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Hwang Jiann Chyau was appointed as Additional Director on 23 May 2024. Thotliganahalli Sriram Athish ceased to be Additional Director on 23 May 2024. Yao Zhao ceased to be Director on 15 Jan 2024. Array Networks India has 4 board changes on record in total.
Yes, Array Networks India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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