Avary Technology (India) Private Limited

Avary Technology (India) Private Limited - information technology in Thiruvallur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U32309TN2019FTC129965 Incorporated 17 June 2019 ROC Chennai HQ Thiruvallur, Tamil Nadu, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹273.5 Cr
▼ 55% YoY
Net loss · FY 2025
₹171.97 Cr
Net margin -62.9%
EBITDA · FY 2025
-₹68.25 Cr
EBITDA margin -25%
Authorised capital
₹465.2 Cr
Registered with MCA
Paid-up capital
₹457.65 Cr
Issued & subscribed
Open charges
₹7.25 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings

About Avary Technology (India) Private Limited

Data last updated:

Avary Technology (India) Private Limited is a foreign private limited company based in Thiruvallur, Tamil Nadu, India, a subsidiary of Avary Singapore Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32309TN2019FTC129965. Its GSTIN is 33AASCA4091J1ZD (Tamil Nadu).

The company has an authorised share capital of ₹465.2 Cr and a paid-up capital of ₹457.65 Cr. It is led by directors including Lee Yen Kung and Tzu Yi Chuang.

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 No – 28 Padur Road Kuthambakkam Village Poonamallee Taluk, Thiruvallur, Tamil Nadu, India – 600124.

As per the financials filed for FY 2025, the company reported a revenue of ₹273.5 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹171.97 Cr (net margin -62.9%) and EBITDA of -₹68.25 Cr (EBITDA margin -25%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 826% over five years.

As per MCA filings, the company has open charges of ₹7.25 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 avaryholding.com.

Company details

CIN U32309TN2019FTC129965
Registration Number 129965
Incorporation Date 17 June 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Avary Singapore Private Limited
Compliance Status Active Compliant

Contact details

Avary Technology (India) Private Limited's registered office is in Thiruvallur, Tamil Nadu. Its website is avaryholding.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No – 28 Padur Road Kuthambakkam Village Poonamallee Taluk, Thiruvallur, Tamil Nadu, India – 600124
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Avary Technology (India) Private Limited, buy the company report.

Comprehensive company report
Avary Technology (India) 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
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Business activity

The main business activity of Avary Technology (India) is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of Avary Technology (India) Private Limited, buy the company report.

Financials of Avary Technology (India) Private Limited

FY 2024 filings available

Avary Technology (India) Private Limited reported revenue of ₹273.5 Cr (down 55% YoY) for FY 2025.

Revenue · FY 2025
₹273.5 Cr ▼ 55%
Net loss · FY 2025
₹171.97 Cr margin -62.9%
EBITDA · FY 2025
-₹68.25 Cr margin -25%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 77%
5 years · compounded
▲ 826%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 10%
5 years · compounded
▼ 59%

Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 826%. EBITDA fell 20% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹68.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹171.97 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-25%
Net Profit Margin-62.9%
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 Avary Technology (India) Private Limited, buy the company report.

Board of directors of Avary Technology (India) Private Limited

Avary Technology (India) has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lee Yen KungDirector28 Sep 20233 Years 1 MonthsCurrent
Tzu Yi ChuangDirector07 Aug 20251 Years 2 MonthsCurrent
Ying Chieh HuangDirector07 Aug 20251 Years 2 MonthsCurrent

Auditor

Avary Technology (India) Private Limited is audited by KR Kiran Kumar & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KR Kiran Kumar & AssociatesFY 2023015961S

Shareholding

The shareholding of Avary Technology (India) Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avary Technology (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.25 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹7.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Apr 2023100715663State Bank of India₹6 CrOpen
13 Sep 2021100488153State Bank of India₹1.25 CrOpen

Total charge records: 2 View all charges

MSME payment delays

Avary Technology (India) Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 196 overdue payments to 19 micro and small suppliers. 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 (5 of 19)

SupplierAmount dueDue sinceReported on
an individual supplier
JDT Technology (India) Private Limited
an individual supplier
an individual supplier
Yuktha Enterprises

To see the full MSME payment records of Avary Technology (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Avary Technology (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AASCA4091J1ZDTamil NaduActive05 Aug 2019

To see the full GST registrations and return filing status of Avary Technology (India) Private Limited, buy the company report.

Recent activity

Avary Technology (India) Private Limited has 12 board changes on record since 2019: 3 appointments and 9 cessations. The latest: Tzu Yi Chuang ceased to be Additional Director on 29 Sep 2025.

Ceased
Tzu Yi Chuang ceased to be Additional Director.
Ceased
Ying Chieh Huang ceased to be Additional Director.
Appointed
Tzu Yi Chuang was appointed as Director.
Appointed
Ying Chieh Huang was appointed as Director.
Ceased
Lee Yen Kung ceased to be Additional Director.
AGM
Avary Technology (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avary Technology (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Lee Yen Kung was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100715663 was registered on 21 Apr 2023.
Ceased
Chen Chang Yao ceased to be Additional Director.
Ceased
Pi Ching Hung ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 1.25 Cr with Charge ID 100488153 was registered on 13 Sep 2021.

5 earlier events are in the company report.

Frequently asked questions

Avary Technology (India) is an active foreign private limited company based in Thiruvallur, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 June 2019 (7+ years old) and is registered under CIN U32309TN2019FTC129965.

Avary Technology (India) has 3 current directors:

The latest financial statements of Avary Technology (India) 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 2020 are in the company report.

The GSTIN of Avary Technology (India) is 33AASCA4091J1ZD, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Avary Technology (India) is U32309TN2019FTC129965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avary Technology (India) was incorporated on 17 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.

Tzu Yi Chuang ceased to be Additional Director on 29 Sep 2025. Ying Chieh Huang ceased to be Additional Director on 29 Sep 2025. Tzu Yi Chuang was appointed as Director on 07 Aug 2025. Avary Technology (India) has 12 board changes on record in total.

Avary Technology (India) has 9 MSME Form 1 returns on record between 2020 and 2024, listing 196 overdue payments to 19 micro and small suppliers. The latest return was filed on 29 Apr 2024.

Avary Technology (India) can be reached through the website avaryholding.com. Its registered office is in Thiruvallur, Tamil Nadu, India.

The registered office of Avary Technology (India) is at No – 28 Padur Road Kuthambakkam Village Poonamallee Taluk, Thiruvallur, Tamil Nadu, India – 600124.

Avary Technology (India) operates in the information technology industry, in the electronic components and equipment manufacturing segment.