About Atharva Advanced Systems and Technologies Limited
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Atharva Advanced Systems and Technologies Limited is a public limited company based in Gandhinagar, Gujarat, India, a subsidiary of Adani Defence Systems And Technologies Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 09 August 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30301GJ2023PLC143699. Its GSTIN is 36AAZCA1945L1ZZ (Telangana).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.79 Lakh. It is led by directors including Vijayaraghavan Rangarajan and Uri Alon.
Its last annual general meeting (AGM) was held on 23 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹150.15 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net loss of ₹4.41 Cr (net margin -2.9%) and EBITDA of -₹3.69 Cr (EBITDA margin -2.5%).
The company is associated with 1 brand: Adani Enterprises.
For more details, the company can be reached via its website adani.com.
Company details
Contact details
Atharva Advanced Systems and Technologies Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressAdani Corporate House, Shantigram S G Highway, Gandhinagar, Gujarat, India – 382421
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Atharva Advanced Systems and Technologies Limited, buy the company report.
- 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
Brands
Atharva Advanced Systems and Technologies operates one associated brand: Adani Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy projects are developed by a diversified Indian conglomerate. | adanienterprises.com |
Business activity
The main business activity of Atharva Advanced Systems and Technologies is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Atharva Advanced Systems and Technologies Limited, buy the company report.
Financials of Atharva Advanced Systems and Technologies Limited
FY 2026 filings availableAtharva Advanced Systems and Technologies Limited reported revenue of ₹150.15 Cr (up 106% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 106% in the latest year. EBITDA fell 218% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹150.15 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.69 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.41 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -2.5% | ||
| Net Profit Margin | -2.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Atharva Advanced Systems and Technologies Limited, buy the company report.
Board of directors of Atharva Advanced Systems and Technologies Limited
Atharva Advanced Systems and Technologies has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayaraghavan Rangarajan | Director | 02 Sep 2025 | 1 Years 2 Months | Current |
| Uri Alon Also directs: Adani-Elbit Advanced Systems India Limited | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
| Shai Israel Cohen Also directs: Nexus Advanced Technologies Private Limited, BF Elbit Advanced Systems Private Limited, Halbit Avionics Private Limited and 4 more | Director | 01 Jan 2024 | 2 Years 10 Months | Current |
| Swapnil Jatinkumar Jalundhwala | Director | 09 Aug 2023 | 3 Years 3 Months | Current |
| Mukesh Kumar Heda Also directs: Carroballista Systems Limited | Additional Director | 28 Jul 2026 | 0 Years 3 Months | Current |
Auditor
Atharva Advanced Systems and Technologies Limited is audited by Parikh & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parikh & Associates | FY 2026 | 146545W |
Shareholding
The shareholding of Atharva Advanced Systems and Technologies Limited is on record for 2 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Atharva Advanced Systems and Technologies Limited, buy the company report.
Legal cases
No court or tribunal cases involving Atharva Advanced Systems and Technologies 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
Atharva Advanced Systems and Technologies Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Adani-Elbit Advanced Systems India Limited |
To see the full MSME payment records of Atharva Advanced Systems and Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Atharva Advanced Systems and Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAZCA1945L1ZZ | Telangana | Active | 05 Sep 2023 |
To see the full GST registrations and return filing status of Atharva Advanced Systems and Technologies Limited, buy the company report.
Recent activity
Atharva Advanced Systems and Technologies Limited has 10 board changes on record since 2023: 8 appointments and 2 cessations. The latest: Mukesh Kumar Heda was appointed as Additional Director on 28 Jul 2026.
1 earlier event is in the company report.
Frequently asked questions
Atharva Advanced Systems and Technologies is an active public limited company based in Gandhinagar, Gujarat, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 09 August 2023 (3+ years old) and is registered under CIN U30301GJ2023PLC143699.
Atharva Advanced Systems and Technologies has 5 current directors:
- Vijayaraghavan Rangarajan - Director
- Uri Alon - Director
- Shai Israel Cohen - Director
- Swapnil Jatinkumar Jalundhwala - Director
- Mukesh Kumar Heda - Additional Director
The latest financial statements of Atharva Advanced Systems and Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 June 2026. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Atharva Advanced Systems and Technologies is 36AAZCA1945L1ZZ, registered in Telangana.
The CIN (Corporate Identification Number) of Atharva Advanced Systems and Technologies is U30301GJ2023PLC143699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atharva Advanced Systems and Technologies was incorporated on 09 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mukesh Kumar Heda was appointed as Additional Director on 28 Jul 2026. Vijayaraghavan Rangarajan was appointed as Director on 02 Sep 2025. Shai Israel Cohen ceased to be Additional Director on 18 Jun 2024. Atharva Advanced Systems and Technologies has 10 board changes on record in total.
Atharva Advanced Systems and Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
Atharva Advanced Systems and Technologies can be reached through the website adani.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Atharva Advanced Systems and Technologies is at Adani Corporate House, Shantigram S G Highway, Gandhinagar, Gujarat, India – 382421.
Atharva Advanced Systems and Technologies operates in the transport and logistics industry, in the aircraft and component manufacturing segment.
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