MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-33-0226049
Astute Technology Private Limited
Astute Technology Private Limited - business outsourcing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.96 Cr
▼ 76% YoY
Net profit · FY 2024
₹1.96 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹24.14 Lakh
EBITDA margin 8.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Satisfied ₹1.2 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
38
Provident fund records
About Astute Technology Private Limited
Data last updated:
Astute Technology Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1997PTC110315. Its GSTIN is 27AACCA9873G1ZD (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Suman Shenoy Ananth (Whole-Time Director) and Akshay Ananth Shenoy.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 204 Narmada Laxmi Industrial Complex Vartak Nagar Pokharan Road No. 1, Thane, Maharashtra, India – 400606.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.96 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Lakh (net margin 0.7%) and EBITDA of ₹24.14 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 19% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Astute Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0226049). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U29299MH1997PTC110315
Registration Number 110315
Incorporation Date 28 August 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0226049
Recognitions & Rankings of Astute Technology
Contact details
Astute Technology Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address204 Narmada Laxmi Industrial Complex Vartak Nagar Pokharan Road No. 1, Thane, Maharashtra, India – 400606
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Astute Technology Private Limited, buy the company report.
Comprehensive company report
Astute Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Astute Technology is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Astute Technology Private Limited, buy the company report.
Financials of Astute Technology Private Limited
FY 2024 filings availableAstute Technology Private Limited reported revenue of ₹2.96 Cr (down 76% YoY) for FY 2024.
Revenue · FY 2024
₹2.96 Cr ▼ 76%
Net profit · FY 2024
₹1.96 Lakh margin 0.7%
EBITDA · FY 2024
₹24.14 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 2%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 5%
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 38% 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 |
|---|---|---|---|---|---|
| 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 | ₹24.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.96 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Astute Technology Private Limited, buy the company report.
Board of directors of Astute Technology Private Limited
Astute Technology has 2 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 |
|---|---|---|---|---|
| Suman Shenoy Ananth Also directs: Caliber Technical Services Pvt Ltd | Whole-Time Director | 28 Aug 1997 | 29 Years 2 Months | Current |
| Akshay Ananth Shenoy | Director | 26 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Astute Technology Private Limited is audited by PONKSHE KULKARNI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PONKSHE KULKARNI & CO | FY 2021 | 107962W |
Shareholding
The shareholding of Astute Technology Private Limited is on record for 5 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Astute Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.2 Cr
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2011 | 10307780 | Bank of Maharashtra | ₹1.2 Cr | Satisfied |
To see the full charge records of Astute Technology Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Astute Technology Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by Sumer Metal Industries Through Its Proprietor Ashok Sumermal Jain | Pending |
To see the full case history of Astute Technology 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 Astute Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Astute Technology Private Limited has a workforce of 38 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
38
Active EPFO establishments
1
Employee growth
-9.52%
GST
Astute Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA9873G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Astute Technology Private Limited, buy the company report.
Recent activity
Astute Technology Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Akshay Ananth Shenoy was appointed as Director on 26 Jun 2025.
Charges
A charge registered on 29 Aug 2011 via Charge ID 10307780 with Bank Of Maharashtra was fully satisfied on 13 Nov 2025.
Appointed
Akshay Ananth Shenoy was appointed as Director.
Ceased
Ananth Shenoy Nagar ceased to be Director.
AGM
Astute Technology Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Astute Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Bank Of Maharashtra of Rs. 120.00 Lakh registered on 29 Aug 2011 with Charge ID 10307780 was modified on 25 Feb 2013.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 120.00 Lakh with Charge ID 10307780 was registered on 29 Aug 2011.
Appointed
Suman Shenoy Ananth was appointed as Whole-Time Director.
Incorporation
28 Aug 1997
Astute Technology Private Limited was registered on 28 Aug 1997 with Roc Mumbai & aged 29 years 2 months as per MCA records.
Frequently asked questions
Astute Technology is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 August 1997 (29+ years old) and is registered under CIN U29299MH1997PTC110315.
Astute Technology has 2 current directors:
- Suman Shenoy Ananth - Whole-Time Director
- Akshay Ananth Shenoy - Director
The latest financial statements of Astute Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Astute Technology is 27AACCA9873G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Astute Technology is U29299MH1997PTC110315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astute Technology has 2 court cases on record: 2 filed against it. 2 are pending.
Astute Technology was incorporated on 28 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Akshay Ananth Shenoy was appointed as Director on 26 Jun 2025. Ananth Shenoy Nagar ceased to be Director on 26 Jun 2025. Suman Shenoy Ananth was appointed as Whole-Time Director on 28 Aug 1997.
Yes, Astute Technology is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0226049).
The registered office of Astute Technology is at 204 Narmada Laxmi Industrial Complex Vartak Nagar Pokharan Road No. 1, Thane, Maharashtra, India – 400606.