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Aryavarta Circuits Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.81 Cr
▲ 61% YoY
Net profit · FY 2024
₹1.01 Cr
Net margin 9.3%
EBITDA · FY 2024
₹1.78 Cr
EBITDA margin 16.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
51
Provident fund records
Directors on board
3
As per MCA filings
About Aryavarta Circuits Private Limited
Data last updated:
Aryavarta Circuits Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 12 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC108626. Its GSTIN is 29AAQCA3201L1ZI (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Chidanand Neelkant Malkappagol and Suvarna Kembhavi.
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 #1242 Mrsp Plaza 3rd Floor Bel Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.81 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 9.3%) and EBITDA of ₹1.78 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 53% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aryavarta Circuits.
Aryavarta Circuits Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0006350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aryavarta-circuits.com.
Company details
CIN U72900KA2017PTC108626
Registration Number 108626
Incorporation Date 12 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0006350
Key People
Chidanand Neelkant Malkappagol Director Suvarna Kembhavi Director Laxmibai Mahalingappa Kembhavi Director Recognitions & Rankings of Aryavarta Circuits
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0006350
Contact details
Aryavarta Circuits Private Limited's registered office is in Bangalore, Karnataka. Its website is aryavarta-circuits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#1242 Mrsp Plaza 3rd Floor Bel Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Aryavarta Circuits Private Limited, buy the company report.
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Aryavarta Circuits Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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- Legal cases, compliance and MCA filings
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Brands
Aryavarta Circuits operates one associated brand: Aryavarta Circuits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides analog mixed signal and RF design services for various industries worldwide. | aryavarta-circuits.com |
Business activity
The main business activity of Aryavarta Circuits 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 Aryavarta Circuits Private Limited, buy the company report.
Financials of Aryavarta Circuits Private Limited
FY 2024 filings availableAryavarta Circuits Private Limited reported revenue of ₹10.81 Cr (up 61% YoY) for FY 2024.
Revenue · FY 2024
₹10.81 Cr ▲ 61%
Net profit · FY 2024
₹1.01 Cr margin 9.3%
EBITDA · FY 2024
₹1.78 Cr margin 16.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 97%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 109%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 61% growth in the latest year. EBITDA rose 33% 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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| EBITDA | ₹1.78 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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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 | 16.5% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aryavarta Circuits Private Limited, buy the company report.
Board of directors of Aryavarta Circuits Private Limited
Aryavarta Circuits has 3 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 |
|---|---|---|---|---|
| Chidanand Neelkant Malkappagol Also directs: Arka Semiconductors Private Limited | Director | 02 Aug 2021 | 5 Years 3 Months | Current |
| Suvarna Kembhavi Also directs: Arka Semiconductors Private Limited | Director | 12 Dec 2017 | 8 Years 11 Months | Current |
| Laxmibai Mahalingappa Kembhavi | Director | 12 Dec 2017 | 8 Years 11 Months | Current |
Auditor
Aryavarta Circuits Private Limited is audited by Y C R J & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y C R J & ASSOCIATES | FY 2023 | 006927S |
Shareholding
The shareholding of Aryavarta Circuits 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 Aryavarta Circuits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aryavarta Circuits 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 Aryavarta Circuits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aryavarta Circuits Private Limited has a workforce of 51 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-17.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 51 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Aryavarta Circuits Private Limited, buy the company report.
GST
Aryavarta Circuits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA3201L1ZI | Karnataka | Active | 06 Mar 2018 |
To see the full GST registrations and return filing status of Aryavarta Circuits Private Limited, buy the company report.
Recent activity
Aryavarta Circuits Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Chidanand Neelkant Malkappagol ceased to be Additional Director on 30 Nov 2021.
AGM
Aryavarta Circuits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aryavarta Circuits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Chidanand Neelkant Malkappagol ceased to be Additional Director.
Appointed
Chidanand Neelkant Malkappagol was appointed as Director.
Ceased
Devadas Raghavendra Vasi ceased to be Director.
Appointed
Laxmibai Mahalingappa Kembhavi was appointed as Director.
Appointed
Suvarna Kembhavi was appointed as Director.
Incorporation
12 Dec 2017
Aryavarta Circuits Private Limited was registered on 12 Dec 2017 with Roc Bangalore & aged 8 years 11 months as per MCA records.
Frequently asked questions
Aryavarta Circuits is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 12 December 2017 (9+ years old) and is registered under CIN U72900KA2017PTC108626.
Aryavarta Circuits has 3 current directors:
- Chidanand Neelkant Malkappagol - Director
- Suvarna Kembhavi - Director
- Laxmibai Mahalingappa Kembhavi - Director
The latest financial statements of Aryavarta Circuits 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 2018 are in the company report.
The GSTIN of Aryavarta Circuits is 29AAQCA3201L1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Aryavarta Circuits is U72900KA2017PTC108626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aryavarta Circuits was incorporated on 12 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Chidanand Neelkant Malkappagol ceased to be Additional Director on 30 Nov 2021. Chidanand Neelkant Malkappagol was appointed as Director on 02 Aug 2021. Devadas Raghavendra Vasi ceased to be Director on 15 Nov 2018. Aryavarta Circuits has 5 board changes on record in total.
Yes, Aryavarta Circuits is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aryavarta Circuits is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0006350).
Aryavarta Circuits can be reached through the website aryavarta-circuits.com. Its registered office is in Bangalore, Karnataka, India.
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