Averitt Technologies Private Limited
About Averitt Technologies Private Limited
Data last updated:
Averitt Technologies Private Limited is a private limited company based in Morinda, Punjab, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 15 July 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2022PTC056460.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sukhwinder Singh and Barinder Singh.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No. 298 Ward No. 1 Near Royal Enfield Agency Main Bazar, Morinda, Punjab, India – 160055.
As per the financials filed for FY 2024, the company reported a revenue of ₹99.21 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.94 Lakh (net margin 3%) and EBITDA of ₹4.04 Lakh (EBITDA margin 4.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH.No. 298 Ward No. 1 Near Royal Enfield Agency Main Bazar, Morinda, Punjab, India – 160055
- IndustryBusiness Services, Miscellaneous Business Activities, Other 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 Averitt Technologies Private Limited
The main business activity of Averitt Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Averitt Technologies Private Limited FY 2024 filings available
Averitt Technologies Private Limited reported revenue of ₹99.21 Lakh (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Averitt Technologies Private Limited
Revenue rose 10% in the latest year. EBITDA rose 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Averitt Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹4.04 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹2.94 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 Averitt Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.1% | •••• |
| Net Profit Margin | 3% | •••• |
| 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 Averitt Technologies are in the company report.
Financial statements from FY 2023
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.
Board of Directors of Averitt Technologies Private Limited
Averitt Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhwinder Singh | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Barinder Singh | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Averitt Technologies Private Limited
Averitt Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tonif Innovative Retails Private Limited | ₹99.26 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Mysore, Karnataka, India |
| India First Communication Private Limited | ₹99.26 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Bhopal, Madhya Pradesh, India |
| Hadron Techs Private Limited | ₹99.25 Lakh (FY 2018) | •••• | •••• | 3.0% | •••• | Imphal West, Manipur, India |
| Inclusive Marketing (OPC) Private Limited | ₹99.25 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | Noida, Uttar Pradesh, India |
| Ibak Consultancy Services (OPC) Private Limited | ₹99.24 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Sundargarh, Odisha, India |
| Averitt Technologies Private Limited this company | ₹99.21 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Morinda, Punjab, India |
| Talkdelta Software Solutions (OPC) Private Limited | ₹99.21 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Wangoes Technologies Private Limited | ₹99.18 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Indore, Madhya Pradesh, India |
| Microline Electronics Private Limited | ₹99.16 Lakh (FY 2022) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Blockshards Private Limited | ₹99.15 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Charith Enterprises Private Limited | ₹99.15 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Averitt Technologies by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Averitt Technologies Private Limited
Averitt Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Averitt Technologies Private Limited
Employment history and EPFO contributions of people linked to Averitt 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 Averitt Technologies Private Limited
Averitt Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Barinder Singh was appointed as Director on 15 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Averitt 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 Averitt 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 Averitt 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 Averitt Technologies Private Limited
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 Averitt 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 Averitt Technologies Private Limited
Averitt Technologies is an active private limited company based in Morinda, Punjab, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 15 July 2022 (4+ years old) and is registered under CIN U74999PB2022PTC056460.
Averitt Technologies reported revenue of ₹99.21 Lakh for FY 2024 (up 10% YoY).
Averitt Technologies has 2 current directors:
- Sukhwinder Singh - Director
- Barinder Singh - Director
Averitt Technologies reported a net profit of ₹2.94 Lakh (net margin 3%) and EBITDA of ₹4.04 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Averitt Technologies is U74999PB2022PTC056460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Averitt Technologies was incorporated on 15 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Averitt Technologies by revenue are Tonif Innovative Retails Private Limited, India First Communication Private Limited, Hadron Techs Private Limited, Inclusive Marketing (OPC) Private Limited, Ibak Consultancy Services (OPC) Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Barinder Singh was appointed as Director on 15 Jul 2022. Sukhwinder Singh was appointed as Director on 15 Jul 2022.
The registered office of Averitt Technologies is at H.No. 298 Ward No. 1 Near Royal Enfield Agency Main Bazar, Morinda, Punjab, India – 160055.
Averitt Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Averitt Technologies operates in the business services industry, in the miscellaneous business activities segment.