Ashlax Technologies Private Limited
About Ashlax Technologies Private Limited
Data last updated:
Ashlax Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC110069. Its GSTIN is 24AASCA7700Q1Z4 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ronak Laxmikant Shah and Maulikkumar Ashokkumar Jyotishi.
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 624 Iscon Emporio Jodhpur Cross Roads Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.59 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹34.91 Lakh (net margin 45.6%) and EBITDA of ₹40.46 Lakh (EBITDA margin 52.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 46% over five years.
The company has 1 deal on record (1 rights issue); the latest was in February 2020. Its 10 peer companies in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Mysa Innovations Private Limited with revenue of ₹76.77 Lakh.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address624 Iscon Emporio Jodhpur Cross Roads Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ashlax Technologies Private Limited
The main business activity of Ashlax Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashlax Technologies Private Limited FY 2024 filings available
Ashlax Technologies Private Limited reported revenue of ₹76.59 Lakh (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashlax Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 9% growth in the latest year. EBITDA rose 110% 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 Ashlax Technologies 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 | ₹40.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.91 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 of Ashlax Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 45.6% | •••• | •••• | •••• | •••• |
| 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 Ashlax Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ashlax Technologies Private Limited
Ashlax Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mysa Innovations Private Limited | ₹76.77 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Sitics Technologies Private Limited | ₹76.7 Lakh (FY 2024) | •••• | •••• | -33.0% | •••• | Navi Mumbai, Maharashtra, India |
| Bto Webtech Solutions Private Limited | ₹76.61 Lakh (FY 2025) | •••• | •••• | 327.0% | •••• | Sagar, Madhya Pradesh, India |
| Fintota (OPC) Private Limited | ₹76.59 Lakh (FY 2023) | •••• | •••• | 296.0% | •••• | Mahendragarh, Haryana, India |
| Subiksham Software Solutions Private Limited | ₹76.59 Lakh (FY 2024) | •••• | •••• | 120.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ashlax Technologies Private Limited this company | ₹76.59 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Arise Actsoft Technologies Private Limited | ₹76.58 Lakh (FY 2020) | •••• | •••• | -58.0% | •••• | Plagar, Maharashtra, India |
| Autus Cyber Tech Private Limited | ₹76.54 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | New Delhi, Delhi, India |
| Planex Technologies (OPC) Private Limited | ₹76.51 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
| Toptraits Software Private Limited | ₹76.51 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Yelahanka New Town, Karnataka, India |
| Water Weaver Solutions Private Limited | ₹76.5 Lakh (FY 2021) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ashlax Technologies by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashlax Technologies Private Limited
Ashlax Technologies Private Limited is audited by KMC & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KMC & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ashlax Technologies Private Limited
Ashlax Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ronak Laxmikant Shah Also directs: Meglyn Technologies Private Limited | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Maulikkumar Ashokkumar Jyotishi Also directs: Meglyn Technologies Private Limited | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Ashlax Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashlax Technologies Private Limited
Ashlax Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Ashlax Technologies Private Limited
Ashlax Technologies Private Limited has 1 deal on record (1 rights issue); the latest was in February 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Ashlax Technologies Private Limited
Employment history and EPFO contributions of people linked to Ashlax Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashlax Technologies Private Limited
Ashlax Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Maulikkumar Ashokkumar Jyotishi was appointed as Director on 25 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ashlax Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashlax Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashlax Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashlax Technologies Private Limited
Ashlax Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCA7700Q1Z4 | Gujarat | Active | 05 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashlax Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashlax Technologies Private Limited
Ashlax Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 September 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC110069.
Ashlax Technologies reported revenue of ₹76.59 Lakh for FY 2025 (up 9% YoY).
Ashlax Technologies has 2 current directors:
- Ronak Laxmikant Shah - Director
- Maulikkumar Ashokkumar Jyotishi - Director
Ashlax Technologies reported a net profit of ₹34.91 Lakh (net margin 45.6%) and EBITDA of ₹40.46 Lakh (EBITDA margin 52.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashlax Technologies is 11% over three years and 46% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashlax Technologies is 24AASCA7700Q1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashlax Technologies is U72900GJ2019PTC110069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashlax Technologies was incorporated on 25 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashlax Technologies has 1 deal on record (1 rights issue); the latest was in February 2020.
The peers of Ashlax Technologies by revenue are Mysa Innovations Private Limited, Sitics Technologies Private Limited, Bto Webtech Solutions Private Limited, Fintota (OPC) Private Limited, Subiksham Software Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Maulikkumar Ashokkumar Jyotishi was appointed as Director on 25 Sep 2019. Ronak Laxmikant Shah was appointed as Director on 25 Sep 2019.