About Av Sourcing Private Limited
Data last updated:
Av Sourcing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 04 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC086687. Its GSTIN is 29AAOCA2294D1ZI (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shantamurthy Veena and Anilkumar Badarinath Navarathna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.87 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 5.2%) and EBITDA of ₹2.09 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.
The company is associated with 1 brand: AV Sourcing. As per MCA filings, the company has open charges of ₹5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avsourcing.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 827 'Skanda' 3rd Floor 29th Main Poornapragna Layout Uttarahalli Main Ro, Ad, Bangalore, Karnataka, India – 560061
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Av Sourcing Private Limited
The main business activity of Av Sourcing is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| G | Trade | G2 | Retail Trading | 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 Av Sourcing Private Limited FY 2025 filings available
Av Sourcing Private Limited reported revenue of ₹25.87 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Av Sourcing Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 9% growth in the latest year. EBITDA rose 143% 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 Av Sourcing Private Limited
| 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 | ₹2.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| 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 Av Sourcing Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 Av Sourcing are in the company report.
Financial statements from FY 2016
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 Av Sourcing Private Limited
Av Sourcing Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Softnice India Private Limited | ₹26.33 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Comprehensive Neomarketing Systems Private Limited | ₹26.3 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Ranchi, Jharkhand, India |
| Moretech Solutions Private Limited | ₹26.24 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Jaipur, Rajasthan, India |
| Pulsating Exim Private Limited | ₹26.1 Cr (FY 2020) | •••• | •••• | 12.0% | •••• | Navi Mumbai, Maharashtra, India |
| Etisalat Software Solutions Private Limited | ₹25.97 Cr (FY 2019) | •••• | •••• | -52.0% | •••• | Bengaluru, Karnataka, India |
| Av Sourcing Private Limited this company | ₹25.87 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Everrise Infosolution Private Limited | ₹25.84 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Patna, Bihar, India |
| Versatile Technolabs Private Limited | ₹25.82 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Embedded Systems Solutions Private Limited | ₹25.75 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Saitronics Systems Private Limited | ₹25.74 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Specx Systems Private Limited | ₹25.51 Cr (FY 2025) | •••• | •••• | 393.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Av Sourcing by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Av Sourcing Private Limited
Av Sourcing Private Limited is audited by Jayaram & Rajesh (formerly known as JSBR & CO) for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jayaram & Rajesh (formerly known as JSBR & CO) | 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 Av Sourcing Private Limited
Av Sourcing has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantamurthy Veena | Director | 04 Mar 2016 | 10 Years 7 Months | Current |
| Shubhang Navarathna | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Anilkumar Badarinath Navarathna Also directs: Sri Pajaka Ventures LLP, VSS Retail Enterprises Private Limited | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Av Sourcing 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 Av Sourcing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2016 | Canara Bank | ₹5 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Av Sourcing Private Limited
Av Sourcing operates one associated brand: AV Sourcing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT hardware sourcing and repair services in Bengaluru. | avsourcing.in |
Employees and EPFO Compliance at Av Sourcing Private Limited
Employment history and EPFO contributions of people linked to Av Sourcing.
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 Av Sourcing Private Limited
Av Sourcing Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Shubhang Navarathna was appointed as Additional Director on 01 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Av Sourcing 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 Av Sourcing 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 Av Sourcing 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 Av Sourcing Private Limited
Av Sourcing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA2294D1ZI | Karnataka | Active | 01 Jul 2017 |
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 Av Sourcing 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 Av Sourcing Private Limited
Av Sourcing is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 04 March 2016 (10+ years old) and is registered under CIN U72200KA2016PTC086687.
Av Sourcing reported revenue of ₹25.87 Cr for FY 2024 (up 9% YoY).
Av Sourcing has 3 current directors:
- Shantamurthy Veena - Director
- Shubhang Navarathna - Additional Director
- Anilkumar Badarinath Navarathna - Director
Av Sourcing reported a net profit of ₹1.34 Cr (net margin 5.2%) and EBITDA of ₹2.09 Cr (EBITDA margin 8.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Av Sourcing is 19% over three years and 24% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Av Sourcing is 29AAOCA2294D1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Av Sourcing is U72200KA2016PTC086687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Av Sourcing was incorporated on 04 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Av Sourcing by revenue are Softnice India Private Limited, Comprehensive Neomarketing Systems Private Limited, Moretech Solutions Private Limited, Pulsating Exim Private Limited, Etisalat Software Solutions Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Shubhang Navarathna was appointed as Additional Director on 01 Apr 2025. Anilkumar Badarinath Navarathna was appointed as Director on 01 Oct 2021. Bhanu Prakash Sathyanarayana Narasandra ceased to be Additional Director on 01 Oct 2021. Av Sourcing has 5 board changes on record in total.
Av Sourcing can be reached through the website avsourcing.in. Its registered office is in Bangalore, Karnataka, India.